Mava Projects: 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.
Mava Projects
Largest movements
- Cash -€6,371
down €6,371 (-89.6%), from €7,111 to €741
mainly Trade debts (-€4,812) and Receivables within one year (-€1,570)
- Receivables within one year +€1,570
up €1,570 (+12.4%), from €12,645 to €14,215
of which Other amounts receivable: +€3,597
- Stocks and contracts -€400
down €400 (-4.7%), from €8,500 to €8,100
- Deferred charges and accrued income +€305
new in 2025: €305
- Trade debts -€4,812
down €4,812 (-23.0%), from €20,885 to €16,073
- Other debts -€1,100
down €1,100 (-6.4%), from €17,142 to €16,042
- Profit (loss) carried forward +€763
up €763 (+3.6%), from -€21,017 to -€20,254
- Gross operating margin +€937
up €937 (+78.8%), from €1,189 to €2,126
- Financial charges +€638
up €638 (+1328.8%), from €48 to €686
- Other operating charges +€120
up €120 (+187.9%), from €64 to €184
- Depreciation +€115
up €115 (+123.2%), from €93 to €208
- Taxes +€45
up €45 (+18.9%), from €240 to €286
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 | €29,205 | €24,101 | -€5,104 | -17.5% |
| Fixed assets | 21/28 | €949 | €740 | -€208 | -22.0% |
| Tangible fixed assets | 22/27 | €949 | €740 | -€208 | -22.0% |
| Plant, machinery and equipment | 23 | €949 | €740 | -€208 | -22.0% |
| Current assets | 29/58 | €28,257 | €23,361 | -€4,896 | -17.3% |
| Stocks and contracts in progress | 3 | €8,500 | €8,100 | -€400 | -4.7% |
| Contracts in progress | 37 | €8,500 | €8,100 | -€400 | -4.7% |
| Amounts receivable within one year | 40/41 | €12,645 | €14,215 | +€1,570 | +12.4% |
| Trade receivables | 40 | €12,510 | €10,483 | -€2,027 | -16.2% |
| Other amounts receivable | 41 | €135 | €3,732 | +€3,597 | +2660.8% |
| Cash at bank and in hand | 54/58 | €7,111 | €741 | -€6,371 | -89.6% |
| Deferred charges and accrued income | 490/1 | - | €305 | +€305 | |
| Total equity and liabilities | 10/49 | €29,205 | €24,101 | -€5,104 | -17.5% |
| Equity | 10/15 | -€9,299 | -€8,536 | +€763 | +8.2% |
| Contributions | 10/11 | €8,800 | €8,800 | = | 0.0% |
| Reserves | 13 | €2,918 | €2,918 | = | 0.0% |
| Distributable reserves | 133 | €2,918 | €2,918 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,017 | -€20,254 | +€763 | +3.6% |
| Amounts payable | 17/49 | €38,505 | €32,638 | -€5,867 | -15.2% |
| Amounts payable within one year | 42/48 | €38,505 | €32,638 | -€5,867 | -15.2% |
| Trade debts | 44 | €20,885 | €16,073 | -€4,812 | -23.0% |
| Suppliers | 440/4 | €20,885 | €16,073 | -€4,812 | -23.0% |
| Taxes, remuneration and social security | 45 | €477 | €522 | +€45 | +9.5% |
| Taxes | 450/3 | €477 | €522 | +€45 | +9.5% |
| Other amounts payable | 47/48 | €17,142 | €16,042 | -€1,100 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93 | €208 | +€115 | +123.2% |
| Other operating charges | 640/8 | €64 | €184 | +€120 | +187.9% |
| Gross operating margin | 9900 | €1,189 | €2,126 | +€937 | +78.8% |
| Operating profit (loss) | 9901 | €1,032 | €1,734 | +€702 | +68.0% |
| Financial charges | 65/66B | €48 | €686 | +€638 | +1328.8% |
| Recurring financial charges | 65 | €48 | €686 | +€638 | +1328.8% |
| Profit (loss) for the period before taxes | 9903 | €984 | €1,049 | +€64 | +6.5% |
| Income taxes | 67/77 | €240 | €286 | +€45 | +18.9% |
| Profit (loss) for the period | 9904 | €744 | €763 | +€19 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €744 | €763 | +€19 | +2.6% |
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 10 October 2026 via checked.be.