Mavista: 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.
Mavista
Largest movements
- Receivables within one year +€36,859
up €36,859 (+22.8%), from €161,776 to €198,635
of which Other amounts receivable: +€29,466
- Cash +€14,697
up €14,697 (+50.9%), from €28,868 to €43,565
mainly Accrued charges and deferred income (+€99,239) and Net result for the year (+€63,102)
- Receivables after one year -€14,400
down €14,400 (-16.7%), from €86,400 to €72,000
of which Trade receivables: -€86,400
- Tangible fixed assets -€7,188
down €7,188 (-27.6%), from €26,009 to €18,821
of which Furniture and vehicles: -€4,488
- Accrued charges and deferred income +€99,239
new in 2025: €99,239
- Reserves -€43,051
down €43,051 (-20.5%), from €209,958 to €166,907
of which Distributable reserves: -€43,051
- Other debts -€29,192
no longer reported in 2025 (was €29,192)
- Tax, wage and social debts +€6,489
up €6,489 (+39.9%), from €16,244 to €22,733
- Debts after one year -€3,995
down €3,995 (-80.0%), from €4,995 to €1,000
- Gross operating margin +€9,785
up €9,785 (+12.6%), from €77,922 to €87,707
- Taxes +€4,072
up €4,072 (+19.0%), from €21,389 to €25,461
- Financial income +€2,256
up €2,256 (+25.5%), from €8,856 to €11,112
- Financial charges -€1,841
down €1,841 (-53.8%), from €3,422 to €1,581
of which Non-recurring financial charges: -€1,246
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 | €306,573 | €336,858 | +€30,285 | +9.9% |
| Fixed assets | 21/28 | €26,604 | €19,416 | -€7,188 | -27.0% |
| Tangible fixed assets | 22/27 | €26,009 | €18,821 | -€7,188 | -27.6% |
| Plant, machinery and equipment | 23 | €10,163 | €7,463 | -€2,700 | -26.6% |
| Furniture and vehicles | 24 | €15,846 | €11,358 | -€4,488 | -28.3% |
| Financial fixed assets | 28 | €595 | €595 | = | 0.0% |
| Current assets | 29/58 | €279,969 | €317,442 | +€37,473 | +13.4% |
| Amounts receivable after more than one year | 29 | €86,400 | €72,000 | -€14,400 | -16.7% |
| Trade receivables | 290 | €86,400 | - | -€86,400 | |
| Other amounts receivable | 291 | - | €72,000 | +€72,000 | |
| Amounts receivable within one year | 40/41 | €161,776 | €198,635 | +€36,859 | +22.8% |
| Trade receivables | 40 | €21,357 | €28,750 | +€7,393 | +34.6% |
| Other amounts receivable | 41 | €140,419 | €169,885 | +€29,466 | +21.0% |
| Current investments | 50/53 | €223 | €203 | -€20 | -9.0% |
| Cash at bank and in hand | 54/58 | €28,868 | €43,565 | +€14,697 | +50.9% |
| Deferred charges and accrued income | 490/1 | €2,702 | €3,039 | +€337 | +12.5% |
| Total equity and liabilities | 10/49 | €306,573 | €336,858 | +€30,285 | +9.9% |
| Equity | 10/15 | €228,550 | €185,499 | -€43,051 | -18.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €209,958 | €166,907 | -€43,051 | -20.5% |
| Tax-exempt reserves | 132 | €1,950 | €1,950 | = | 0.0% |
| Distributable reserves | 133 | €208,008 | €164,957 | -€43,051 | -20.7% |
| Amounts payable | 17/49 | €78,023 | €151,359 | +€73,336 | +94.0% |
| Amounts payable after more than one year | 17 | €4,995 | €1,000 | -€3,995 | -80.0% |
| Financial debts | 170/4 | €4,995 | €1,000 | -€3,995 | -80.0% |
| Amounts payable within one year | 42/48 | €73,028 | €51,120 | -€21,908 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €25,507 | €25,979 | +€472 | +1.9% |
| Trade debts | 44 | €2,085 | €2,408 | +€323 | +15.5% |
| Suppliers | 440/4 | €2,085 | €2,408 | +€323 | +15.5% |
| Taxes, remuneration and social security | 45 | €16,244 | €22,733 | +€6,489 | +39.9% |
| Taxes | 450/3 | €16,244 | €22,733 | +€6,489 | +39.9% |
| Other amounts payable | 47/48 | €29,192 | - | -€29,192 | |
| Accrued charges and deferred income | 492/3 | - | €99,239 | +€99,239 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,746 | €7,188 | +€442 | +6.6% |
| Other operating charges | 640/8 | €1,462 | €1,487 | +€25 | +1.7% |
| Gross operating margin | 9900 | €77,922 | €87,707 | +€9,785 | +12.6% |
| Operating profit (loss) | 9901 | €69,714 | €79,032 | +€9,318 | +13.4% |
| Financial income | 75/76B | €8,856 | €11,112 | +€2,256 | +25.5% |
| Recurring financial income | 75 | €8,856 | €11,112 | +€2,256 | +25.5% |
| Financial charges | 65/66B | €3,422 | €1,581 | -€1,841 | -53.8% |
| Recurring financial charges | 65 | €2,176 | €1,581 | -€595 | -27.3% |
| Non-recurring financial charges | 66B | €1,246 | - | -€1,246 | |
| Profit (loss) for the period before taxes | 9903 | €75,148 | €88,563 | +€13,415 | +17.9% |
| Income taxes | 67/77 | €21,389 | €25,461 | +€4,072 | +19.0% |
| Profit (loss) for the period | 9904 | €53,759 | €63,102 | +€9,343 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,759 | €63,102 | +€9,343 | +17.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.