MAWIN: 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.
MAWIN
Largest movements
- Tangible fixed assets -€2,531
down €2,531 (-4.5%), from €56,517 to €53,986
of which Land and buildings: -€1,578
- Current portion of long-term debt -€63,481
no longer reported in 2025 (was €63,481)
- Other debts +€58,536
new in 2025: €58,536
- Profit (loss) carried forward +€2,377
up €2,377 (+14.1%), from -€16,903 to -€14,526
- Gross operating margin -€5,203
down €5,203 (-49.3%), from €10,551 to €5,348
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 | €56,578 | €54,009 | -€2,568 | -4.5% |
| Fixed assets | 21/28 | €56,517 | €53,986 | -€2,531 | -4.5% |
| Tangible fixed assets | 22/27 | €56,517 | €53,986 | -€2,531 | -4.5% |
| Land and buildings | 22 | €55,564 | €53,986 | -€1,578 | -2.8% |
| Furniture and vehicles | 24 | €954 | - | -€954 | |
| Current assets | 29/58 | €61 | €24 | -€37 | -60.9% |
| Cash at bank and in hand | 54/58 | €61 | €24 | -€37 | -60.9% |
| Total equity and liabilities | 10/49 | €56,578 | €54,009 | -€2,568 | -4.5% |
| Equity | 10/15 | -€6,903 | -€4,526 | +€2,377 | +34.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | - | -€10,000 | |
| Issued capital | 100 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | -€16,903 | -€14,526 | +€2,377 | +14.1% |
| Amounts payable | 17/49 | €63,481 | €58,536 | -€4,945 | -7.8% |
| Amounts payable within one year | 42/48 | €63,481 | €58,536 | -€4,945 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €63,481 | - | -€63,481 | |
| Other amounts payable | 47/48 | - | €58,536 | +€58,536 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,528 | €2,531 | +€4 | +0.1% |
| Other operating charges | 640/8 | €384 | €393 | +€9 | +2.3% |
| Gross operating margin | 9900 | €10,551 | €5,348 | -€5,203 | -49.3% |
| Operating profit (loss) | 9901 | €7,639 | €2,423 | -€5,216 | -68.3% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €7,593 | €2,377 | -€5,216 | -68.7% |
| Profit (loss) for the period | 9904 | €7,593 | €2,377 | -€5,216 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,593 | €2,377 | -€5,216 | -68.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.