MAVIMMO: 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.
MAVIMMO
Largest movements
- Receivables within one year -€32,749
down €32,749 (-53.6%), from €61,117 to €28,368
of which Other amounts receivable: -€33,355
- Tangible fixed assets -€16,616
down €16,616 (-7.8%), from €212,756 to €196,140
- Other debts -€62,381
down €62,381 (-24.7%), from €253,057 to €190,676
- Reserves +€14,066
up €14,066 (+9.8%), from €143,200 to €157,266
of which Distributable reserves: +€14,066
- Gross operating margin +€23,260
up €23,260 (+144%), from €16,139 to €39,399
- Other operating charges +€4,415
new in 2025: €4,415
- Taxes +€3,818
new in 2025: €3,818
- Depreciation -€1,844
down €1,844 (-10.0%), from €18,460 to €16,616
- Financial charges -€643
down €643 (-57.1%), from €1,127 to €484
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 | €468,974 | €421,134 | -€47,840 | -10.2% |
| Fixed assets | 21/28 | €404,024 | €387,408 | -€16,616 | -4.1% |
| Tangible fixed assets | 22/27 | €212,756 | €196,140 | -€16,616 | -7.8% |
| Land and buildings | 22 | €212,756 | €196,140 | -€16,616 | -7.8% |
| Financial fixed assets | 28 | €191,268 | €191,268 | = | 0.0% |
| Current assets | 29/58 | €64,950 | €33,726 | -€31,224 | -48.1% |
| Amounts receivable within one year | 40/41 | €61,117 | €28,368 | -€32,749 | -53.6% |
| Trade receivables | 40 | €27,762 | €28,368 | +€606 | +2.2% |
| Other amounts receivable | 41 | €33,355 | - | -€33,355 | |
| Cash at bank and in hand | 54/58 | €2,409 | €3,899 | +€1,490 | +61.9% |
| Deferred charges and accrued income | 490/1 | €1,424 | €1,459 | +€35 | +2.4% |
| Total equity and liabilities | 10/49 | €468,974 | €421,134 | -€47,840 | -10.2% |
| Equity | 10/15 | €205,525 | €219,591 | +€14,066 | +6.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | - | -€62,000 | |
| Issued capital | 100 | €62,000 | - | -€62,000 | |
| Reserves | 13 | €143,200 | €157,266 | +€14,066 | +9.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | - | -€6,200 | |
| Reserves not available under the articles | 1311 | - | €6,200 | +€6,200 | |
| Distributable reserves | 133 | €137,000 | €151,066 | +€14,066 | +10.3% |
| Profit (loss) carried forward | 14 | €325 | €325 | +€0 | 0.0% |
| Amounts payable | 17/49 | €263,449 | €201,543 | -€61,906 | -23.5% |
| Amounts payable within one year | 42/48 | €263,424 | €201,543 | -€61,881 | -23.5% |
| Current portion of amounts payable after more than one year | 42 | €1,559 | - | -€1,559 | |
| Trade debts | 44 | €2,807 | €596 | -€2,211 | -78.8% |
| Suppliers | 440/4 | €2,807 | €596 | -€2,211 | -78.8% |
| Taxes, remuneration and social security | 45 | €6,000 | €10,271 | +€4,271 | +71.2% |
| Taxes | 450/3 | €6,000 | €10,271 | +€4,271 | +71.2% |
| Other amounts payable | 47/48 | €253,057 | €190,676 | -€62,381 | -24.7% |
| Accrued charges and deferred income | 492/3 | €25 | - | -€25 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,460 | €16,616 | -€1,844 | -10.0% |
| Other operating charges | 640/8 | - | €4,415 | +€4,415 | |
| Gross operating margin | 9900 | €16,139 | €39,399 | +€23,260 | +144% |
| Operating profit (loss) | 9901 | -€2,321 | €18,368 | +€20,689 | |
| Financial charges | 65/66B | €1,127 | €484 | -€643 | -57.1% |
| Recurring financial charges | 65 | €1,127 | €484 | -€643 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,448 | €17,884 | +€21,332 | |
| Income taxes | 67/77 | - | €3,818 | +€3,818 | |
| Profit (loss) for the period | 9904 | -€3,448 | €14,066 | +€17,514 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,448 | €14,066 | +€17,514 |
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 17 October 2026 via checked.be.