MAVIBRU: what changed
Two fiscal 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.
MAVIBRU
Largest movements
- Cash +€1.2m
up €1.2m (+12014.5%), from €10,223 to €1.2m
- Tangible fixed assets -€221,678
down €221,678 (-46.5%), from €476,322 to €254,644
of which Land and buildings: -€275,672
- Profit (loss) carried forward +€996,628
up €996,628 (+77.9%), from -€1.3m to -€283,338
- Gross operating margin +€1.1m
up €1.1m (+10786.9%), from €9,742 to €1.1m
From the 2023 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €488,199 | €1,496,146 | +€1.0m | +206.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €477,935 | €256,257 | -€221,678 | -46.4% |
| Tangible fixed assets | 22/27 | €476,322 | €254,644 | -€221,678 | -46.5% |
| Land and buildings | 22 | €428,430 | €152,758 | -€275,672 | -64.3% |
| Plant, machinery and equipment | 23 | €26,846 | €19,114 | -€7,732 | -28.8% |
| Furniture and vehicles | 24 | €21,046 | €82,772 | +€61,726 | +293.3% |
| Financial fixed assets | 28 | €1,613 | €1,613 | = | 0.0% |
| Current assets | 29/58 | €10,265 | €1,239,889 | +€1.2m | +11979.4% |
| Amounts receivable within one year | 40/41 | €41 | - | -€41 | |
| Other amounts receivable | 41 | €41 | - | -€41 | |
| Cash at bank and in hand | 54/58 | €10,223 | €1,238,491 | +€1.2m | +12014.5% |
| Deferred charges and accrued income | 490/1 | - | €1,398 | +€1,398 | |
| Total equity and liabilities | 10/49 | €488,199 | €1,496,146 | +€1.0m | +206.5% |
| Equity | 10/15 | -€923,769 | €72,859 | +€996,628 | |
| Contributions | 10/11 | €356,197 | €356,197 | = | 0.0% |
| Capital | 10 | €356,197 | - | -€356,197 | |
| Issued capital | 100 | €368,592 | - | -€368,592 | |
| Uncalled capital | 101 | €12,395 | - | -€12,395 | |
| Profit (loss) carried forward | 14 | -€1,279,966 | -€283,338 | +€996,628 | +77.9% |
| Amounts payable | 17/49 | €1,411,968 | €1,423,287 | +€11,318 | +0.8% |
| Amounts payable after more than one year | 17 | €1,200,000 | €1,200,000 | = | 0.0% |
| Financial debts | 170/4 | €1,200,000 | €1,200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €211,968 | €223,287 | +€11,318 | +5.3% |
| Trade debts | 44 | €1,927 | €3,056 | +€1,130 | +58.6% |
| Suppliers | 440/4 | €1,927 | €3,056 | +€1,130 | +58.6% |
| Taxes, remuneration and social security | 45 | - | €87 | +€87 | |
| Taxes | 450/3 | - | €87 | +€87 | |
| Other amounts payable | 47/48 | €210,042 | €220,144 | +€10,102 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,182 | €32,542 | +€360 | +1.1% |
| Other operating charges | 640/8 | €4,531 | €15,136 | +€10,606 | +234.1% |
| Gross operating margin | 9900 | €9,742 | €1,060,558 | +€1.1m | +10786.9% |
| Operating profit (loss) | 9901 | -€26,971 | €1,012,879 | +€1.0m | |
| Financial income | 75/76B | €0 | €348 | +€348 | +1742300.0% |
| Recurring financial income | 75 | €0 | €348 | +€348 | +1742300.0% |
| Financial charges | 65/66B | €20,489 | €16,513 | -€3,976 | -19.4% |
| Recurring financial charges | 65 | €20,489 | €16,513 | -€3,976 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | -€47,460 | €996,715 | +€1.0m | |
| Income taxes | 67/77 | - | €87 | +€87 | |
| Profit (loss) for the period | 9904 | -€47,460 | €996,628 | +€1.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,460 | €996,628 | +€1.0m |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.