MASTRA PUMPS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MASTRA PUMPS
Largest movements
- Receivables within one year +€75,403
up €75,403 (+46.9%), from €160,852 to €236,255
of which Trade receivables: +€50,138
- Reserves +€42,557
up €42,557 (+4.9%), from €873,067 to €915,624
of which Distributable reserves: +€42,557
- Tax, wage and social debts +€31,057
up €31,057 (+84.6%), from €36,716 to €67,773
of which Taxes: +€30,426
- Current portion of long-term debt -€17,894
down €17,894 (-100%), from €17,894 to €0
- Other operating charges +€181,577
up €181,577 (+1,296%), from €14,010 to €195,588
- Gross operating margin +€98,442
up €98,442 (+46.0%), from €214,017 to €312,459
- Taxes -€25,125
down €25,125 (-60.4%), from €41,582 to €16,456
- Staff costs +€8,849
up €8,849 (+20.6%), from €42,870 to €51,719
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,010,512 | €1,074,653 | +€64,141 | +6.3% |
| Fixed assets | 21/28 | €93,204 | €84,318 | -€8,885 | -9.5% |
| Intangible fixed assets | 21 | €3,840 | €1,144 | -€2,696 | -70.2% |
| Tangible fixed assets | 22/27 | €89,363 | €83,175 | -€6,189 | -6.9% |
| Land and buildings | 22 | €68,582 | €68,093 | -€490 | -0.7% |
| Plant, machinery and equipment | 23 | €17 | €0 | -€17 | -100% |
| Furniture and vehicles | 24 | €20,764 | €15,082 | -€5,682 | -27.4% |
| Current assets | 29/58 | €917,308 | €990,334 | +€73,026 | +8.0% |
| Stocks and contracts in progress | 3 | €549,339 | €559,169 | +€9,830 | +1.8% |
| Stocks | 30/36 | €549,339 | €559,169 | +€9,830 | +1.8% |
| Amounts receivable within one year | 40/41 | €160,852 | €236,255 | +€75,403 | +46.9% |
| Trade receivables | 40 | €56,155 | €106,294 | +€50,138 | +89.3% |
| Other amounts receivable | 41 | €104,696 | €129,961 | +€25,265 | +24.1% |
| Cash at bank and in hand | 54/58 | €193,760 | €186,489 | -€7,271 | -3.8% |
| Deferred charges and accrued income | 490/1 | €13,357 | €8,422 | -€4,935 | -37.0% |
| Total equity and liabilities | 10/49 | €1,010,512 | €1,074,653 | +€64,141 | +6.3% |
| Equity | 10/15 | €934,567 | €977,124 | +€42,557 | +4.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €873,067 | €915,624 | +€42,557 | +4.9% |
| Non-distributable reserves | 130/1 | €41,070 | €41,070 | = | 0.0% |
| Legal reserve | 130 | €41,070 | €41,070 | = | 0.0% |
| Distributable reserves | 133 | €831,997 | €874,554 | +€42,557 | +5.1% |
| Amounts payable | 17/49 | €75,945 | €97,528 | +€21,584 | +28.4% |
| Amounts payable within one year | 42/48 | €74,878 | €96,395 | +€21,518 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €17,894 | €0 | -€17,894 | -100% |
| Trade debts | 44 | €18,951 | €28,306 | +€9,354 | +49.4% |
| Suppliers | 440/4 | €18,951 | €28,306 | +€9,354 | +49.4% |
| Taxes, remuneration and social security | 45 | €36,716 | €67,773 | +€31,057 | +84.6% |
| Taxes | 450/3 | €33,730 | €64,156 | +€30,426 | +90.2% |
| Remuneration and social security | 454/9 | €2,986 | €3,617 | +€631 | +21.1% |
| Other amounts payable | 47/48 | €1,317 | €317 | -€1,000 | -76.0% |
| Accrued charges and deferred income | 492/3 | €1,067 | €1,133 | +€66 | +6.2% |
| Non-recurring operating income | 76A | - | €11,124 | +€11,124 | |
| Remuneration, social security and pensions | 62 | €42,870 | €51,719 | +€8,849 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,153 | €11,006 | -€1,147 | -9.4% |
| Other operating charges | 640/8 | €14,010 | €195,588 | +€181,577 | +1,296% |
| Gross operating margin | 9900 | €214,017 | €312,459 | +€98,442 | +46.0% |
| Operating profit (loss) | 9901 | €144,984 | €54,147 | -€90,837 | -62.7% |
| Financial income | 75/76B | €6,983 | €6,402 | -€581 | -8.3% |
| Recurring financial income | 75 | €6,983 | €6,402 | -€581 | -8.3% |
| Financial charges | 65/66B | €3,092 | €1,535 | -€1,558 | -50.4% |
| Recurring financial charges | 65 | €3,092 | €1,535 | -€1,558 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | €148,875 | €59,014 | -€89,861 | -60.4% |
| Income taxes | 67/77 | €41,582 | €16,456 | -€25,125 | -60.4% |
| Profit (loss) for the period | 9904 | €107,293 | €42,557 | -€64,736 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €107,293 | €42,557 | -€64,736 | -60.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.