MAUFAB: what changed
Two fiscal 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.
MAUFAB
Largest movements
- Receivables within one year +€15,243
up €15,243 (+275.3%), from €5,537 to €20,780
of which Trade receivables: +€15,227
- Tangible fixed assets -€5,643
down €5,643 (-5.3%), from €106,740 to €101,097
of which Furniture and vehicles: -€3,110
- Cash -€2,562
down €2,562 (-58.5%), from €4,383 to €1,821
mainly Receivables within one year (-€15,243) and Debts after one year (-€5,463)
- Profit (loss) carried forward +€9,969
up €9,969 (+40.3%), from -€24,746 to -€14,777
- Debts after one year -€5,463
down €5,463 (-9.5%), from €57,618 to €52,154
- Short-term financial debts +€4,811
new in 2024: €4,811
- Trade debts -€4,568
down €4,568 (-35.5%), from €12,879 to €8,311
- Other debts +€3,930
up €3,930 (+8.0%), from €49,132 to €53,062
- Gross operating margin +€7,087
up €7,087 (+55.5%), from €12,766 to €19,853
- Other operating charges +€2,064
up €2,064 (+775.5%), from €266 to €2,330
- Financial charges +€829
up €829 (+76.6%), from €1,082 to €1,910
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,732 | €123,770 | +€7,038 | +6.0% |
| Fixed assets | 21/28 | €106,740 | €101,097 | -€5,643 | -5.3% |
| Tangible fixed assets | 22/27 | €106,740 | €101,097 | -€5,643 | -5.3% |
| Land and buildings | 22 | €96,602 | €94,070 | -€2,533 | -2.6% |
| Furniture and vehicles | 24 | €10,137 | €7,027 | -€3,110 | -30.7% |
| Current assets | 29/58 | €9,992 | €22,673 | +€12,681 | +126.9% |
| Stocks and contracts in progress | 3 | €72 | €72 | = | 0.0% |
| Stocks | 30/36 | €72 | €72 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,537 | €20,780 | +€15,243 | +275.3% |
| Trade receivables | 40 | €5,511 | €20,737 | +€15,227 | +276.3% |
| Other amounts receivable | 41 | €26 | €43 | +€16 | +61.9% |
| Cash at bank and in hand | 54/58 | €4,383 | €1,821 | -€2,562 | -58.5% |
| Total equity and liabilities | 10/49 | €116,732 | €123,770 | +€7,038 | +6.0% |
| Equity | 10/15 | -€18,546 | -€8,577 | +€9,969 | +53.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,746 | -€14,777 | +€9,969 | +40.3% |
| Amounts payable | 17/49 | €135,277 | €132,346 | -€2,931 | -2.2% |
| Amounts payable after more than one year | 17 | €57,618 | €52,154 | -€5,463 | -9.5% |
| Financial debts | 170/4 | €57,618 | €52,154 | -€5,463 | -9.5% |
| Amounts payable within one year | 42/48 | €77,660 | €80,192 | +€2,532 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €13,859 | €10,820 | -€3,039 | -21.9% |
| Financial debts | 43 | - | €4,811 | +€4,811 | |
| Credit institutions | 430/8 | - | €4,811 | +€4,811 | |
| Trade debts | 44 | €12,879 | €8,311 | -€4,568 | -35.5% |
| Suppliers | 440/4 | €12,879 | €8,311 | -€4,568 | -35.5% |
| Taxes, remuneration and social security | 45 | €1,790 | €3,189 | +€1,398 | +78.1% |
| Taxes | 450/3 | €1,790 | €3,189 | +€1,398 | +78.1% |
| Other amounts payable | 47/48 | €49,132 | €53,062 | +€3,930 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,643 | €5,643 | = | 0.0% |
| Other operating charges | 640/8 | €266 | €2,330 | +€2,064 | +775.5% |
| Gross operating margin | 9900 | €12,766 | €19,853 | +€7,087 | +55.5% |
| Operating profit (loss) | 9901 | €6,857 | €11,879 | +€5,023 | +73.2% |
| Financial income | 75/76B | €47 | €0 | -€46 | -99.2% |
| Recurring financial income | 75 | €47 | €0 | -€46 | -99.2% |
| Financial charges | 65/66B | €1,082 | €1,910 | +€829 | +76.6% |
| Recurring financial charges | 65 | €1,082 | €1,910 | +€829 | +76.6% |
| Profit (loss) for the period before taxes | 9903 | €5,822 | €9,969 | +€4,148 | +71.2% |
| Profit (loss) for the period | 9904 | €5,822 | €9,969 | +€4,148 | +71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,822 | €9,969 | +€4,148 | +71.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.