MAURO: 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.
MAURO
Largest movements
- Deferred charges and accrued income +€42,977
up €42,977 (+214.0%), from €20,078 to €63,055
- Cash -€26,135
down €26,135 (-52.0%), from €50,298 to €24,163
mainly Deferred charges and accrued income (-€42,977) and Receivables after one year (-€19,500)
- Receivables after one year +€19,500
up €19,500 (+1.4%), from €1.4m to €1.4m
- Reserves +€33,454
up €33,454 (+3.1%), from €1.1m to €1.1m
of which Distributable reserves: +€33,454
- Financial income +€14,336
up €14,336 (+42.2%), from €34,002 to €48,337
- Taxes +€3,554
up €3,554 (+44.4%), from €8,011 to €11,564
- Financial charges +€334
up €334 (+423.3%), from €79 to €413
- Gross operating margin -€329
down €329 (-22.6%), from -€1,458 to -€1,788
- Other operating charges +€33
up €33 (+3.0%), from €1,086 to €1,118
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.
Cash bridge derived
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 | €1,439,365 | €1,475,708 | +€36,342 | +2.5% |
| Current assets | 29/58 | €1,439,365 | €1,475,708 | +€36,342 | +2.5% |
| Amounts receivable after more than one year | 29 | €1,368,000 | €1,387,500 | +€19,500 | +1.4% |
| Other amounts receivable | 291 | €1,368,000 | €1,387,500 | +€19,500 | +1.4% |
| Amounts receivable within one year | 40/41 | €989 | €989 | = | 0.0% |
| Other amounts receivable | 41 | €989 | €989 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €50,298 | €24,163 | -€26,135 | -52.0% |
| Deferred charges and accrued income | 490/1 | €20,078 | €63,055 | +€42,977 | +214.0% |
| Total equity and liabilities | 10/49 | €1,439,365 | €1,475,708 | +€36,342 | +2.5% |
| Equity | 10/15 | €1,110,483 | €1,143,937 | +€33,454 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,091,883 | €1,125,337 | +€33,454 | +3.1% |
| Tax-exempt reserves | 132 | €975,000 | €975,000 | = | 0.0% |
| Distributable reserves | 133 | €116,883 | €150,337 | +€33,454 | +28.6% |
| Provisions and deferred taxes | 16 | €325,000 | €325,000 | = | 0.0% |
| Deferred taxes | 168 | €325,000 | €325,000 | = | 0.0% |
| Amounts payable | 17/49 | €3,882 | €6,770 | +€2,888 | +74.4% |
| Amounts payable within one year | 42/48 | €3,882 | €6,770 | +€2,888 | +74.4% |
| Trade debts | 44 | €115 | €121 | +€6 | +5.3% |
| Suppliers | 440/4 | €115 | €121 | +€6 | +5.3% |
| Taxes, remuneration and social security | 45 | - | €6,564 | +€6,564 | |
| Taxes | 450/3 | - | €6,564 | +€6,564 | |
| Other amounts payable | 47/48 | €3,767 | €85 | -€3,682 | -97.7% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | -€1,458 | -€1,788 | -€329 | -22.6% |
| Operating profit (loss) | 9901 | -€2,544 | -€2,906 | -€362 | -14.2% |
| Financial income | 75/76B | €34,002 | €48,337 | +€14,336 | +42.2% |
| Recurring financial income | 75 | €34,002 | €48,337 | +€14,336 | +42.2% |
| Financial charges | 65/66B | €79 | €413 | +€334 | +423.3% |
| Recurring financial charges | 65 | €79 | €413 | +€334 | +423.3% |
| Profit (loss) for the period before taxes | 9903 | €31,379 | €45,019 | +€13,640 | +43.5% |
| Income taxes | 67/77 | €8,011 | €11,564 | +€3,554 | +44.4% |
| Profit (loss) for the period | 9904 | €23,368 | €33,454 | +€10,086 | +43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,368 | €33,454 | +€10,086 | +43.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.