MAYACOBA: 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.
MAYACOBA
Largest movements
- Tangible fixed assets -€41,316
down €41,316 (-8.4%), from €493,341 to €452,024
of which Plant, machinery and equipment: -€23,027
- Receivables within one year -€32,190
down €32,190 (-72.6%), from €44,340 to €12,150
of which Trade receivables: -€36,947
- Cash +€25,288
up €25,288 (+28.8%), from €87,756 to €113,044
mainly Depreciation (+€42,981) and Receivables within one year (+€32,190)
- Stocks and contracts +€7,687
up €7,687 (+10.1%), from €76,129 to €83,816
- Debts after one year -€51,507
down €51,507 (-9.8%), from €523,628 to €472,122
- Trade debts +€18,397
up €18,397 (+522.0%), from €3,524 to €21,921
- Profit (loss) carried forward -€14,682
down €14,682 (-90.0%), from €16,321 to €1,639
- Staff costs +€66,489
up €66,489 (+42.4%), from €156,931 to €223,420
- Gross operating margin +€43,241
up €43,241 (+16.9%), from €255,676 to €298,917
- Provisions -€18,486
down €18,486 (-92.3%), from €20,018 to €1,532
- Financial charges +€18,025
up €18,025 (+259.6%), from €6,942 to €24,967
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 | €702,761 | €661,035 | -€41,726 | -5.9% |
| Fixed assets | 21/28 | €493,341 | €452,024 | -€41,316 | -8.4% |
| Tangible fixed assets | 22/27 | €493,341 | €452,024 | -€41,316 | -8.4% |
| Land and buildings | 22 | €314,969 | €296,790 | -€18,179 | -5.8% |
| Plant, machinery and equipment | 23 | €178,262 | €155,235 | -€23,027 | -12.9% |
| Furniture and vehicles | 24 | €110 | €0 | -€110 | -100.0% |
| Current assets | 29/58 | €209,420 | €209,010 | -€410 | -0.2% |
| Stocks and contracts in progress | 3 | €76,129 | €83,816 | +€7,687 | +10.1% |
| Stocks | 30/36 | €76,129 | €83,816 | +€7,687 | +10.1% |
| Amounts receivable within one year | 40/41 | €44,340 | €12,150 | -€32,190 | -72.6% |
| Trade receivables | 40 | €38,263 | €1,316 | -€36,947 | -96.6% |
| Other amounts receivable | 41 | €6,077 | €10,834 | +€4,757 | +78.3% |
| Cash at bank and in hand | 54/58 | €87,756 | €113,044 | +€25,288 | +28.8% |
| Deferred charges and accrued income | 490/1 | €1,195 | €0 | -€1,195 | -100.0% |
| Total equity and liabilities | 10/49 | €702,761 | €661,035 | -€41,726 | -5.9% |
| Equity | 10/15 | €36,781 | €22,099 | -€14,682 | -39.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,321 | €1,639 | -€14,682 | -90.0% |
| Provisions and deferred taxes | 16 | €20,018 | €21,550 | +€1,532 | +7.7% |
| Provisions for liabilities and charges | 160/5 | €20,018 | €21,550 | +€1,532 | +7.7% |
| Environmental obligations | 163 | €20,018 | €21,550 | +€1,532 | +7.7% |
| Amounts payable | 17/49 | €645,962 | €617,386 | -€28,576 | -4.4% |
| Amounts payable after more than one year | 17 | €523,628 | €472,122 | -€51,507 | -9.8% |
| Financial debts | 170/4 | €523,628 | €472,122 | -€51,507 | -9.8% |
| Amounts payable within one year | 42/48 | €122,334 | €138,666 | +€16,332 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €11,256 | €11,507 | +€250 | +2.2% |
| Trade debts | 44 | €3,524 | €21,921 | +€18,397 | +522.0% |
| Suppliers | 440/4 | €3,524 | €21,921 | +€18,397 | +522.0% |
| Taxes, remuneration and social security | 45 | €37,056 | €39,364 | +€2,308 | +6.2% |
| Taxes | 450/3 | €17,871 | €23,599 | +€5,727 | +32.0% |
| Remuneration and social security | 454/9 | €19,185 | €15,765 | -€3,420 | -17.8% |
| Other amounts payable | 47/48 | €70,497 | €65,874 | -€4,623 | -6.6% |
| Accrued charges and deferred income | 492/3 | - | €6,599 | +€6,599 | |
| Remuneration, social security and pensions | 62 | €156,931 | €223,420 | +€66,489 | +42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,499 | €42,981 | -€517 | -1.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €20,018 | €1,532 | -€18,486 | -92.3% |
| Other operating charges | 640/8 | €2,109 | €2,598 | +€489 | +23.2% |
| Gross operating margin | 9900 | €255,676 | €298,917 | +€43,241 | +16.9% |
| Operating profit (loss) | 9901 | €33,120 | €28,386 | -€4,734 | -14.3% |
| Financial income | 75/76B | €53 | €31 | -€22 | -41.8% |
| Recurring financial income | 75 | €53 | €31 | -€22 | -41.8% |
| Financial charges | 65/66B | €6,942 | €24,967 | +€18,025 | +259.6% |
| Recurring financial charges | 65 | €6,942 | €24,967 | +€18,025 | +259.6% |
| Profit (loss) for the period before taxes | 9903 | €26,231 | €3,450 | -€22,781 | -86.8% |
| Income taxes | 67/77 | €1,586 | €1,950 | +€364 | +22.9% |
| Profit (loss) for the period | 9904 | €24,645 | €1,500 | -€23,145 | -93.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,645 | €1,500 | -€23,145 | -93.9% |
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 11 October 2026 via checked.be.