MAVI Construction: 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.
MAVI Construction
Largest movements
- Cash +€8,441
up €8,441 (+130%), from €6,477 to €14,918
mainly Advances received (+€17,181) and Depreciation (+€7,256)
- Receivables within one year +€7,427
up €7,427 (+63.3%), from €11,740 to €19,167
of which Trade receivables: +€19,162
- Tangible fixed assets -€4,756
down €4,756 (-3.7%), from €127,601 to €122,845
of which Land and buildings: -€5,207
- Advances received +€17,181
new in 2025: €17,181
- Profit (loss) carried forward -€9,393
down €9,393 (-29.3%), from €32,088 to €22,694
- Trade debts +€4,404
up €4,404 (+23.8%), from €18,532 to €22,936
- Debts after one year -€3,975
down €3,975 (-10.8%), from €36,687 to €32,712
- Other debts +€1,787
up €1,787 (+6.1%), from €29,169 to €30,956
- Turnover -€123,347
down €123,347 (-66.1%), from €186,611 to €63,264
- Purchases and services -€60,175
down €60,175 (-43.4%), from €138,744 to €78,568
- Gross operating margin -€37,430
down €37,430 (-78.2%), from €47,867 to €10,438
- Other operating charges +€6,205
up €6,205 (+121%), from €5,119 to €11,324
- Taxes -€5,886
no longer reported in 2025 (was €5,886)
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.
Derived cash bridge
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 | €146,779 | €156,981 | +€10,203 | +7.0% |
| Fixed assets | 21/28 | €127,651 | €122,895 | -€4,756 | -3.7% |
| Tangible fixed assets | 22/27 | €127,601 | €122,845 | -€4,756 | -3.7% |
| Land and buildings | 22 | €125,023 | €119,817 | -€5,207 | -4.2% |
| Furniture and vehicles | 24 | €2,578 | €3,029 | +€451 | +17.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €19,127 | €34,086 | +€14,958 | +78.2% |
| Amounts receivable within one year | 40/41 | €11,740 | €19,167 | +€7,427 | +63.3% |
| Trade receivables | 40 | - | €19,162 | +€19,162 | |
| Other amounts receivable | 41 | €11,740 | €6 | -€11,735 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,477 | €14,918 | +€8,441 | +130% |
| Deferred charges and accrued income | 490/1 | €910 | - | -€910 | |
| Total equity and liabilities | 10/49 | €146,779 | €156,981 | +€10,203 | +7.0% |
| Equity | 10/15 | €52,548 | €43,154 | -€9,393 | -17.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,088 | €22,694 | -€9,393 | -29.3% |
| Amounts payable | 17/49 | €94,231 | €113,827 | +€19,596 | +20.8% |
| Amounts payable after more than one year | 17 | €36,687 | €32,712 | -€3,975 | -10.8% |
| Financial debts | 170/4 | €36,687 | €32,712 | -€3,975 | -10.8% |
| Amounts payable within one year | 42/48 | €57,139 | €81,011 | +€23,872 | +41.8% |
| Current portion of amounts payable after more than one year | 42 | €3,552 | €3,975 | +€423 | +11.9% |
| Trade debts | 44 | €18,532 | €22,936 | +€4,404 | +23.8% |
| Suppliers | 440/4 | €18,532 | €22,936 | +€4,404 | +23.8% |
| Advances received on contracts in progress | 46 | - | €17,181 | +€17,181 | |
| Taxes, remuneration and social security | 45 | €5,886 | €5,962 | +€76 | +1.3% |
| Taxes | 450/3 | €5,886 | €5,962 | +€76 | +1.3% |
| Other amounts payable | 47/48 | €29,169 | €30,956 | +€1,787 | +6.1% |
| Accrued charges and deferred income | 492/3 | €404 | €104 | -€301 | -74.4% |
| Turnover | 70 | €186,611 | €63,264 | -€123,347 | -66.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €138,744 | €78,568 | -€60,175 | -43.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,679 | €7,256 | -€2,423 | -25.0% |
| Other operating charges | 640/8 | €5,119 | €11,324 | +€6,205 | +121% |
| Non-recurring operating charges | 66A | €698 | - | -€698 | |
| Gross operating margin | 9900 | €47,867 | €10,438 | -€37,430 | -78.2% |
| Operating profit (loss) | 9901 | €32,372 | -€8,142 | -€40,514 | |
| Financial income | 75/76B | €17 | €0 | -€17 | -99.8% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -99.8% |
| Financial charges | 65/66B | €4,507 | €1,251 | -€3,256 | -72.2% |
| Recurring financial charges | 65 | €4,507 | €1,251 | -€3,256 | -72.2% |
| Profit (loss) for the period before taxes | 9903 | €27,882 | -€9,393 | -€37,276 | |
| Income taxes | 67/77 | €5,886 | - | -€5,886 | |
| Profit (loss) for the period | 9904 | €21,996 | -€9,393 | -€31,390 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,996 | -€9,393 | -€31,390 |
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 15 October 2026 via checked.be.