Mawatte: 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.
Mawatte
Largest movements
- Cash +€15,369
up €15,369 (+99.8%), from €15,397 to €30,766
mainly Receivables within one year (+€14,646) and Net result for the year (+€10,432)
- Receivables within one year -€14,646
down €14,646 (-100.0%), from €14,646 to €0
- Tangible fixed assets +€2,960
up €2,960 (+74.7%), from €3,964 to €6,924
of which Plant, machinery and equipment: +€2,041
- Deferred charges and accrued income +€768
up €768 (+33.1%), from €2,323 to €3,091
- Reserves +€12,249
new in 2025: €12,249
- Other debts -€3,354
down €3,354 (-12.6%), from €26,514 to €23,160
- Tax, wage and social debts -€2,868
down €2,868 (-95.6%), from €3,000 to €132
- Profit (loss) carried forward -€1,817
down €1,817 (-100.0%), from €1,817 to €0
- Gross operating margin +€40,281
up €40,281, from -€24,962 to €15,320
- Depreciation +€938
up €938 (+188.2%), from €498 to €1,436
- Financial income +€483
up €483 (+721.1%), from €67 to €550
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 | €36,331 | €40,781 | +€4,450 | +12.2% |
| Fixed assets | 21/28 | €3,964 | €6,924 | +€2,960 | +74.7% |
| Tangible fixed assets | 22/27 | €3,964 | €6,924 | +€2,960 | +74.7% |
| Plant, machinery and equipment | 23 | €3,964 | €6,005 | +€2,041 | +51.5% |
| Other tangible fixed assets | 26 | - | €918 | +€918 | |
| Current assets | 29/58 | €32,367 | €33,857 | +€1,491 | +4.6% |
| Amounts receivable within one year | 40/41 | €14,646 | €0 | -€14,646 | -100.0% |
| Trade receivables | 40 | €14,646 | €0 | -€14,646 | -100.0% |
| Cash at bank and in hand | 54/58 | €15,397 | €30,766 | +€15,369 | +99.8% |
| Deferred charges and accrued income | 490/1 | €2,323 | €3,091 | +€768 | +33.1% |
| Total equity and liabilities | 10/49 | €36,331 | €40,781 | +€4,450 | +12.2% |
| Equity | 10/15 | €6,817 | €17,249 | +€10,432 | +153.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €12,249 | +€12,249 | |
| Distributable reserves | 133 | - | €12,249 | +€12,249 | |
| Profit (loss) carried forward | 14 | €1,817 | €0 | -€1,817 | -100.0% |
| Amounts payable | 17/49 | €29,514 | €23,532 | -€5,982 | -20.3% |
| Amounts payable within one year | 42/48 | €29,514 | €23,532 | -€5,982 | -20.3% |
| Trade debts | 44 | - | €240 | +€240 | |
| Suppliers | 440/4 | - | €240 | +€240 | |
| Taxes, remuneration and social security | 45 | €3,000 | €132 | -€2,868 | -95.6% |
| Taxes | 450/3 | €3,000 | €132 | -€2,868 | -95.6% |
| Other amounts payable | 47/48 | €26,514 | €23,160 | -€3,354 | -12.6% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €498 | €1,436 | +€938 | +188.2% |
| Other operating charges | 640/8 | €1,084 | €1,202 | +€118 | +10.9% |
| Gross operating margin | 9900 | -€24,962 | €15,320 | +€40,281 | |
| Operating profit (loss) | 9901 | -€26,544 | €12,681 | +€39,225 | |
| Financial income | 75/76B | €67 | €550 | +€483 | +721.1% |
| Recurring financial income | 75 | €67 | €550 | +€483 | +721.1% |
| Financial charges | 65/66B | €2,731 | €2,502 | -€230 | -8.4% |
| Recurring financial charges | 65 | €2,731 | €2,502 | -€230 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,209 | €10,729 | +€39,937 | |
| Income taxes | 67/77 | €262 | €296 | +€34 | +13.1% |
| Profit (loss) for the period | 9904 | -€29,471 | €10,432 | +€39,903 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,471 | €10,432 | +€39,903 |
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 5 October 2026 via checked.be.