Mautalae: 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.
Mautalae
Largest movements
- Tangible fixed assets -€70,446
down €70,446 (-7.5%), from €933,444 to €862,998
of which Land and buildings: -€69,450
- Cash +€25,644
up €25,644 (+177.9%), from €14,414 to €40,058
mainly Depreciation (+€70,447) and Trade debts (+€9,383)
- Debts after one year -€55,136
down €55,136 (-8.1%), from €684,439 to €629,303
- Depreciation -€986
down €986 (-1.4%), from €71,433 to €70,447
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 | €953,765 | €908,090 | -€45,675 | -4.8% |
| Fixed assets | 21/28 | €933,444 | €862,998 | -€70,446 | -7.5% |
| Tangible fixed assets | 22/27 | €933,444 | €862,998 | -€70,446 | -7.5% |
| Land and buildings | 22 | €932,448 | €862,998 | -€69,450 | -7.4% |
| Furniture and vehicles | 24 | €996 | - | -€996 | |
| Current assets | 29/58 | €20,321 | €45,092 | +€24,771 | +121.9% |
| Amounts receivable after more than one year | 29 | €3,735 | €3,735 | = | 0.0% |
| Trade receivables | 290 | €3,735 | €3,735 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,041 | €1,111 | -€930 | -45.6% |
| Trade receivables | 40 | €2,041 | €1,111 | -€930 | -45.6% |
| Cash at bank and in hand | 54/58 | €14,414 | €40,058 | +€25,644 | +177.9% |
| Deferred charges and accrued income | 490/1 | €131 | €188 | +€57 | +43.7% |
| Total equity and liabilities | 10/49 | €953,765 | €908,090 | -€45,675 | -4.8% |
| Equity | 10/15 | -€171,812 | -€170,734 | +€1,078 | +0.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€221,812 | -€220,734 | +€1,078 | +0.5% |
| Amounts payable | 17/49 | €1,125,577 | €1,078,824 | -€46,753 | -4.2% |
| Amounts payable after more than one year | 17 | €684,439 | €629,303 | -€55,136 | -8.1% |
| Financial debts | 170/4 | €684,439 | €629,303 | -€55,136 | -8.1% |
| Amounts payable within one year | 42/48 | €435,201 | €446,137 | +€10,936 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €54,271 | €55,136 | +€865 | +1.6% |
| Trade debts | 44 | €7,194 | €16,577 | +€9,383 | +130.4% |
| Suppliers | 440/4 | €7,194 | €16,577 | +€9,383 | +130.4% |
| Other amounts payable | 47/48 | €373,736 | €374,424 | +€688 | +0.2% |
| Accrued charges and deferred income | 492/3 | €5,937 | €3,384 | -€2,553 | -43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,433 | €70,447 | -€986 | -1.4% |
| Other operating charges | 640/8 | €995 | €1,534 | +€539 | +54.1% |
| Gross operating margin | 9900 | €85,836 | €85,159 | -€677 | -0.8% |
| Operating profit (loss) | 9901 | €13,408 | €13,179 | -€229 | -1.7% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €12,842 | €12,103 | -€739 | -5.8% |
| Recurring financial charges | 65 | €12,842 | €12,103 | -€739 | -5.8% |
| Non-recurring financial charges | 66B | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €566 | €1,078 | +€512 | +90.5% |
| Profit (loss) for the period | 9904 | €566 | €1,078 | +€512 | +90.5% |
| Profit (loss) for the period to be appropriated | 9905 | €566 | €1,078 | +€512 | +90.5% |
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 10 October 2026 via checked.be.