MAVIROS: 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.
MAVIROS
Largest movements
- Cash -€8,883
down €8,883 (-63.0%), from €14,109 to €5,225
mainly Net result for the year (-€25,818) and Tax, wage and social debts (-€2,576)
- Receivables within one year -€3,447
down €3,447 (-32.6%), from €10,582 to €7,135
- Tangible fixed assets +€372
up €372 (+40.7%), from €913 to €1,285
- Profit (loss) carried forward -€27,536
down €27,536, from €10,104 to -€17,432
- Other debts +€14,877
up €14,877 (+689.1%), from €2,159 to €17,035
- Trade debts +€3,471
up €3,471 (+170.2%), from €2,039 to €5,511
- Tax, wage and social debts -€2,576
down €2,576 (-25.5%), from €10,108 to €7,532
- Gross operating margin -€40,953
down €40,953, from €16,283 to -€24,670
- Taxes -€4,037
down €4,037 (-95.5%), from €4,229 to €192
- Depreciation +€481
up €481 (+1123.3%), from €43 to €523
- Financial charges +€283
up €283 (+970.7%), from €29 to €313
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 | €25,604 | €13,645 | -€11,958 | -46.7% |
| Fixed assets | 21/28 | €913 | €1,285 | +€372 | +40.7% |
| Tangible fixed assets | 22/27 | €913 | €1,285 | +€372 | +40.7% |
| Furniture and vehicles | 24 | €913 | €1,285 | +€372 | +40.7% |
| Current assets | 29/58 | €24,691 | €12,360 | -€12,330 | -49.9% |
| Amounts receivable within one year | 40/41 | €10,582 | €7,135 | -€3,447 | -32.6% |
| Trade receivables | 40 | €10,582 | €7,135 | -€3,447 | -32.6% |
| Cash at bank and in hand | 54/58 | €14,109 | €5,225 | -€8,883 | -63.0% |
| Total equity and liabilities | 10/49 | €25,604 | €13,645 | -€11,958 | -46.7% |
| Equity | 10/15 | €11,104 | -€16,432 | -€27,536 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,104 | -€17,432 | -€27,536 | |
| Amounts payable | 17/49 | €14,500 | €30,077 | +€15,577 | +107.4% |
| Amounts payable within one year | 42/48 | €14,306 | €30,077 | +€15,772 | +110.2% |
| Trade debts | 44 | €2,039 | €5,511 | +€3,471 | +170.2% |
| Suppliers | 440/4 | €2,039 | €5,511 | +€3,471 | +170.2% |
| Taxes, remuneration and social security | 45 | €10,108 | €7,532 | -€2,576 | -25.5% |
| Taxes | 450/3 | €10,108 | €7,532 | -€2,576 | -25.5% |
| Other amounts payable | 47/48 | €2,159 | €17,035 | +€14,877 | +689.1% |
| Accrued charges and deferred income | 492/3 | €194 | €0 | -€194 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43 | €523 | +€481 | +1123.3% |
| Other operating charges | 640/8 | €161 | €120 | -€41 | -25.5% |
| Gross operating margin | 9900 | €16,283 | -€24,670 | -€40,953 | |
| Operating profit (loss) | 9901 | €16,080 | -€25,313 | -€41,393 | |
| Financial charges | 65/66B | €29 | €313 | +€283 | +970.7% |
| Recurring financial charges | 65 | €29 | €313 | +€283 | +970.7% |
| Profit (loss) for the period before taxes | 9903 | €16,050 | -€25,626 | -€41,676 | |
| Income taxes | 67/77 | €4,229 | €192 | -€4,037 | -95.5% |
| Profit (loss) for the period | 9904 | €11,822 | -€25,818 | -€37,639 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,822 | -€25,818 | -€37,639 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.