Mawolar: 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.
Mawolar
Largest movements
- Cash +€404,602
up €404,602 (+2,246%), from €18,013 to €422,615
mainly Debts after one year (+€719,533) and Current investments (+€300,000)
- Current investments -€300,000
down €300,000 (-47.5%), from €632,000 to €332,000
- Tangible fixed assets -€173,501
down €173,501 (-10.0%), from €1.7m to €1.6m
of which Land and buildings: -€162,071
- Reserves -€970,581
down €970,581 (-77.6%), from €1.3m to €280,113
- Debts after one year +€719,533
up €719,533 (+67.5%), from €1.1m to €1.8m
- Other debts +€178,779
up €178,779 (+365%), from €48,992 to €227,771
- Financial income -€964,453
down €964,453 (-97.0%), from €994,173 to €29,720
- Gross operating margin +€239,190
up €239,190 (+84.7%), from €282,246 to €521,436
- Taxes +€43,755
up €43,755 (+109%), from €40,057 to €83,813
- Other operating charges +€19,017
up €19,017 (+290%), from €6,547 to €25,564
- Financial charges +€10,910
up €10,910 (+62.0%), from €17,600 to €28,510
of which Financial charges: +€8,932
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 | €2,715,880 | €2,649,725 | -€66,155 | -2.4% |
| Fixed assets | 21/28 | €1,740,678 | €1,565,865 | -€174,813 | -10.0% |
| Tangible fixed assets | 22/27 | €1,739,366 | €1,565,865 | -€173,501 | -10.0% |
| Land and buildings | 22 | €1,636,162 | €1,474,090 | -€162,071 | -9.9% |
| Plant, machinery and equipment | 23 | €68,723 | €60,760 | -€7,963 | -11.6% |
| Furniture and vehicles | 24 | €34,482 | €31,015 | -€3,467 | -10.1% |
| Financial fixed assets | 28 | €1,312 | - | -€1,312 | |
| Current assets | 29/58 | €975,202 | €1,083,860 | +€108,658 | +11.1% |
| Amounts receivable after more than one year | 29 | €128,700 | €128,700 | = | 0.0% |
| Other amounts receivable | 291 | €128,700 | €128,700 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €196,489 | €200,546 | +€4,057 | +2.1% |
| Trade receivables | 40 | €27,780 | €61,710 | +€33,930 | +122% |
| Other amounts receivable | 41 | €168,709 | €138,836 | -€29,873 | -17.7% |
| Current investments | 50/53 | €632,000 | €332,000 | -€300,000 | -47.5% |
| Cash at bank and in hand | 54/58 | €18,013 | €422,615 | +€404,602 | +2,246% |
| Total equity and liabilities | 10/49 | €2,715,880 | €2,649,725 | -€66,155 | -2.4% |
| Equity | 10/15 | €1,475,693 | €505,113 | -€970,581 | -65.8% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Contributions outside capital | 11 | €225,000 | €225,000 | = | 0.0% |
| Other | 1109/19 | €225,000 | €225,000 | = | 0.0% |
| Reserves | 13 | €1,250,693 | €280,113 | -€970,581 | -77.6% |
| Distributable reserves | 133 | €1,250,693 | €280,113 | -€970,581 | -77.6% |
| Amounts payable | 17/49 | €1,240,187 | €2,144,613 | +€904,426 | +72.9% |
| Amounts payable after more than one year | 17 | €1,066,460 | €1,785,993 | +€719,533 | +67.5% |
| Financial debts | 170/4 | €1,066,460 | €1,785,993 | +€719,533 | +67.5% |
| Amounts payable within one year | 42/48 | €173,727 | €358,620 | +€184,893 | +106% |
| Current portion of amounts payable after more than one year | 42 | €118,218 | €105,967 | -€12,250 | -10.4% |
| Trade debts | 44 | €2,495 | €11,651 | +€9,156 | +367% |
| Suppliers | 440/4 | €2,495 | €11,651 | +€9,156 | +367% |
| Taxes, remuneration and social security | 45 | €4,022 | €13,231 | +€9,209 | +229% |
| Taxes | 450/3 | €4,022 | €13,231 | +€9,209 | +229% |
| Other amounts payable | 47/48 | €48,992 | €227,771 | +€178,779 | +365% |
| Non-recurring operating income | 76A | €5,430 | €13,679 | +€8,249 | +152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,290 | €102,179 | -€5,111 | -4.8% |
| Other operating charges | 640/8 | €6,547 | €25,564 | +€19,017 | +290% |
| Non-recurring operating charges | 66A | - | €31,670 | +€31,670 | |
| Gross operating margin | 9900 | €282,246 | €521,436 | +€239,190 | +84.7% |
| Operating profit (loss) | 9901 | €168,409 | €362,022 | +€193,613 | +115% |
| Financial income | 75/76B | €994,173 | €29,720 | -€964,453 | -97.0% |
| Recurring financial income | 75 | €994,173 | €29,720 | -€964,453 | -97.0% |
| Financial charges | 65/66B | €17,600 | €28,510 | +€10,910 | +62.0% |
| Recurring financial charges | 65 | €17,600 | €26,532 | +€8,932 | +50.8% |
| Non-recurring financial charges | 66B | - | €1,978 | +€1,978 | |
| Profit (loss) for the period before taxes | 9903 | €1,144,982 | €363,232 | -€781,750 | -68.3% |
| Income taxes | 67/77 | €40,057 | €83,813 | +€43,755 | +109% |
| Profit (loss) for the period | 9904 | €1,104,925 | €279,419 | -€825,505 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,104,925 | €279,419 | -€825,505 | -74.7% |
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 24 October 2026 via checked.be.