MAY COMPANY: 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.
MAY COMPANY
Largest movements
- Tangible fixed assets -€3,963
down €3,963 (-54.3%), from €7,295 to €3,332
of which Furniture and vehicles: -€4,923
- Deferred charges and accrued income +€1,812
up €1,812 (+1,456%), from €124 to €1,936
- Receivables within one year +€1,790
up €1,790 (+18.1%), from €9,891 to €11,681
of which Other amounts receivable: +€2,476
- Cash -€1,182
down €1,182 (-13.1%), from €9,010 to €7,828
mainly Deferred charges and accrued income (-€1,812) and Receivables within one year (-€1,790)
- Other debts -€1,684
no longer reported in 2025 (was €1,684)
- Trade debts +€305
up €305 (+6.9%), from €4,398 to €4,703
- Gross operating margin +€8,164
up €8,164, from -€35 to €8,130
- Purchases and services -€4,797
down €4,797 (-9.8%), from €48,920 to €44,123
- Turnover +€4,051
up €4,051 (+8.4%), from €48,071 to €52,122
- Other operating charges +€1,988
up €1,988 (+319%), from €622 to €2,610
- Depreciation -€1,208
down €1,208 (-19.1%), from €6,323 to €5,115
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 | €26,321 | €24,778 | -€1,543 | -5.9% |
| Fixed assets | 21/28 | €7,295 | €3,332 | -€3,963 | -54.3% |
| Tangible fixed assets | 22/27 | €7,295 | €3,332 | -€3,963 | -54.3% |
| Plant, machinery and equipment | 23 | - | €960 | +€960 | |
| Furniture and vehicles | 24 | €7,295 | €2,372 | -€4,923 | -67.5% |
| Current assets | 29/58 | €19,025 | €21,446 | +€2,420 | +12.7% |
| Amounts receivable within one year | 40/41 | €9,891 | €11,681 | +€1,790 | +18.1% |
| Trade receivables | 40 | €9,891 | €9,204 | -€687 | -6.9% |
| Other amounts receivable | 41 | - | €2,476 | +€2,476 | |
| Cash at bank and in hand | 54/58 | €9,010 | €7,828 | -€1,182 | -13.1% |
| Deferred charges and accrued income | 490/1 | €124 | €1,936 | +€1,812 | +1,456% |
| Total equity and liabilities | 10/49 | €26,321 | €24,778 | -€1,543 | -5.9% |
| Equity | 10/15 | €19,710 | €19,526 | -€184 | -0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,510 | €13,326 | -€184 | -1.4% |
| Amounts payable | 17/49 | €6,610 | €5,252 | -€1,359 | -20.6% |
| Amounts payable within one year | 42/48 | €6,610 | €5,252 | -€1,359 | -20.6% |
| Trade debts | 44 | €4,398 | €4,703 | +€305 | +6.9% |
| Suppliers | 440/4 | €4,398 | €4,703 | +€305 | +6.9% |
| Taxes, remuneration and social security | 45 | €529 | €549 | +€20 | +3.9% |
| Taxes | 450/3 | €529 | €549 | +€20 | +3.9% |
| Other amounts payable | 47/48 | €1,684 | - | -€1,684 | |
| Turnover | 70 | €48,071 | €52,122 | +€4,051 | +8.4% |
| Non-recurring operating income | 76A | €815 | €131 | -€684 | -84.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €48,920 | €44,123 | -€4,797 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,323 | €5,115 | -€1,208 | -19.1% |
| Other operating charges | 640/8 | €622 | €2,610 | +€1,988 | +319% |
| Gross operating margin | 9900 | -€35 | €8,130 | +€8,164 | |
| Operating profit (loss) | 9901 | -€6,981 | €404 | +€7,385 | |
| Financial income | 75/76B | - | €112 | +€112 | |
| Recurring financial income | 75 | - | €112 | +€112 | |
| Financial charges | 65/66B | €140 | €152 | +€11 | +8.1% |
| Recurring financial charges | 65 | €140 | €152 | +€11 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,121 | €365 | +€7,486 | |
| Income taxes | 67/77 | - | €549 | +€549 | |
| Profit (loss) for the period | 9904 | -€7,121 | -€184 | +€6,937 | +97.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,121 | -€184 | +€6,937 | +97.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.