MAUROX: 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.
MAUROX
Largest movements
- Tangible fixed assets -€10,815
down €10,815 (-84.4%), from €12,814 to €1,999
of which Furniture and vehicles: -€10,307
- Receivables within one year +€8,844
up €8,844 (+41.8%), from €21,156 to €30,000
of which Trade receivables: +€9,362
- Other debts +€81,945
up €81,945 (+1066.9%), from €7,680 to €89,625
- Profit (loss) carried forward -€44,930
down €44,930 (-27.1%), from -€165,669 to -€210,599
- Trade debts -€36,236
down €36,236 (-55.4%), from €65,441 to €29,205
- Advances received +€9,522
new in 2025: €9,522
- Gross operating margin +€45,541
up €45,541, from -€912 to €44,629
- Staff costs +€35,619
up €35,619 (+85.0%), from €41,900 to €77,520
- Depreciation -€5,832
down €5,832 (-35.0%), from €16,647 to €10,815
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 | €755,763 | €760,872 | +€5,109 | +0.7% |
| Fixed assets | 21/28 | €723,914 | €713,099 | -€10,815 | -1.5% |
| Intangible fixed assets | 21 | €711,099 | €711,099 | = | 0.0% |
| Tangible fixed assets | 22/27 | €12,814 | €1,999 | -€10,815 | -84.4% |
| Furniture and vehicles | 24 | €12,307 | €1,999 | -€10,307 | -83.8% |
| Other tangible fixed assets | 26 | €508 | - | -€508 | |
| Current assets | 29/58 | €31,850 | €47,774 | +€15,924 | +50.0% |
| Amounts receivable within one year | 40/41 | €21,156 | €30,000 | +€8,844 | +41.8% |
| Trade receivables | 40 | €20,638 | €30,000 | +€9,362 | +45.4% |
| Other amounts receivable | 41 | €517 | - | -€517 | |
| Cash at bank and in hand | 54/58 | €9,872 | €16,834 | +€6,962 | +70.5% |
| Deferred charges and accrued income | 490/1 | €822 | €940 | +€118 | +14.3% |
| Total equity and liabilities | 10/49 | €755,763 | €760,872 | +€5,109 | +0.7% |
| Equity | 10/15 | -€129,899 | -€174,830 | -€44,930 | -34.6% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €770 | €770 | = | 0.0% |
| Tax-exempt reserves | 132 | €770 | €770 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€165,669 | -€210,599 | -€44,930 | -27.1% |
| Amounts payable | 17/49 | €885,663 | €935,702 | +€50,039 | +5.6% |
| Amounts payable after more than one year | 17 | €800,000 | €800,000 | = | 0.0% |
| Financial debts | 170/4 | €800,000 | €800,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €85,663 | €135,702 | +€50,039 | +58.4% |
| Trade debts | 44 | €65,441 | €29,205 | -€36,236 | -55.4% |
| Suppliers | 440/4 | €65,441 | €29,205 | -€36,236 | -55.4% |
| Advances received on contracts in progress | 46 | - | €9,522 | +€9,522 | |
| Taxes, remuneration and social security | 45 | €12,541 | €7,350 | -€5,191 | -41.4% |
| Taxes | 450/3 | €2,952 | €7,350 | +€4,398 | +149.0% |
| Remuneration and social security | 454/9 | €9,589 | - | -€9,589 | |
| Other amounts payable | 47/48 | €7,680 | €89,625 | +€81,945 | +1066.9% |
| Remuneration, social security and pensions | 62 | €41,900 | €77,520 | +€35,619 | +85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,647 | €10,815 | -€5,832 | -35.0% |
| Other operating charges | 640/8 | €668 | €513 | -€154 | -23.1% |
| Gross operating margin | 9900 | -€912 | €44,629 | +€45,541 | |
| Operating profit (loss) | 9901 | -€60,127 | -€44,219 | +€15,908 | +26.5% |
| Financial charges | 65/66B | €272 | €414 | +€141 | +51.9% |
| Recurring financial charges | 65 | €272 | €414 | +€141 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | -€60,399 | -€44,633 | +€15,767 | +26.1% |
| Income taxes | 67/77 | €208 | €298 | +€90 | +43.5% |
| Profit (loss) for the period | 9904 | -€60,607 | -€44,930 | +€15,677 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,607 | -€44,930 | +€15,677 | +25.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.