MAVIAN: 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.
MAVIAN
Largest movements
- Cash +€10,148
up €10,148 (+125%), from €8,100 to €18,248
mainly Other debts (+€12,000) and Net result for the year (+€11,974)
- Tangible fixed assets -€1,072
down €1,072 (-65.6%), from €1,634 to €562
- Other debts +€12,000
new in 2025: €12,000
- Trade debts -€2,814
down €2,814 (-46.6%), from €6,041 to €3,227
- Tax, wage and social debts +€385
up €385 (+86.0%), from €447 to €832
- Short-term financial debts -€267
down €267 (-100%), from €267 to €0
- Gross operating margin +€6,930
up €6,930 (+69.5%), from €9,972 to €16,902
- Taxes +€1,156
up €1,156 (+51.6%), from €2,238 to €3,394
- Depreciation -€584
down €584 (-35.3%), from €1,656 to €1,072
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 | €12,420 | €21,698 | +€9,278 | +74.7% |
| Fixed assets | 21/28 | €1,634 | €562 | -€1,072 | -65.6% |
| Tangible fixed assets | 22/27 | €1,634 | €562 | -€1,072 | -65.6% |
| Furniture and vehicles | 24 | €1,634 | €562 | -€1,072 | -65.6% |
| Current assets | 29/58 | €10,786 | €21,136 | +€10,350 | +96.0% |
| Amounts receivable within one year | 40/41 | €2,686 | €2,867 | +€181 | +6.7% |
| Other amounts receivable | 41 | €2,686 | €2,867 | +€181 | +6.7% |
| Cash at bank and in hand | 54/58 | €8,100 | €18,248 | +€10,148 | +125% |
| Deferred charges and accrued income | 490/1 | - | €21 | +€21 | |
| Total equity and liabilities | 10/49 | €12,420 | €21,698 | +€9,278 | +74.7% |
| Equity | 10/15 | €5,665 | €5,639 | -€26 | -0.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,565 | €5,539 | -€26 | -0.5% |
| Amounts payable | 17/49 | €6,755 | €16,059 | +€9,304 | +138% |
| Amounts payable within one year | 42/48 | €6,755 | €16,059 | +€9,304 | +138% |
| Financial debts | 43 | €267 | €0 | -€267 | -100% |
| Credit institutions | 430/8 | €267 | €0 | -€267 | -100% |
| Trade debts | 44 | €6,041 | €3,227 | -€2,814 | -46.6% |
| Suppliers | 440/4 | €6,041 | €3,227 | -€2,814 | -46.6% |
| Taxes, remuneration and social security | 45 | €447 | €832 | +€385 | +86.0% |
| Taxes | 450/3 | €447 | €832 | +€385 | +86.0% |
| Other amounts payable | 47/48 | - | €12,000 | +€12,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,656 | €1,072 | -€584 | -35.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €9,972 | €16,902 | +€6,930 | +69.5% |
| Operating profit (loss) | 9901 | €7,929 | €15,430 | +€7,502 | +94.6% |
| Financial income | 75/76B | - | €63 | +€63 | |
| Recurring financial income | 75 | - | €63 | +€63 | |
| Financial charges | 65/66B | €126 | €126 | = | 0.0% |
| Recurring financial charges | 65 | €126 | €126 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €7,803 | €15,368 | +€7,565 | +97.0% |
| Income taxes | 67/77 | €2,238 | €3,394 | +€1,156 | +51.6% |
| Profit (loss) for the period | 9904 | €5,565 | €11,974 | +€6,409 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €5,565 | €11,974 | +€6,409 | +115% |
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.