Mayadevi: 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.
Mayadevi
Largest movements
- Cash -€81,562
down €81,562 (-68.5%), from €119,070 to €37,508
mainly Debts after one year (-€196,131) and Net result for the year (-€124,991)
- Intangible fixed assets -€9,857
down €9,857 (-22.2%), from €44,321 to €34,463
- Tangible fixed assets -€4,980
down €4,980 (-2.9%), from €170,986 to €166,006
of which Other tangible fixed assets: -€8,446
- Debts after one year -€196,131
no longer reported in 2023 (was €196,131)
- Trade debts +€186,603
up €186,603 (+199%), from €93,944 to €280,546
- Profit (loss) carried forward -€124,991
down €124,991 (-96.0%), from -€130,212 to -€255,203
- Tax, wage and social debts +€26,862
up €26,862 (+164%), from €16,427 to €43,289
of which Remuneration and social security: +€26,840
- Accrued charges and deferred income +€14,995
up €14,995 (+214%), from €7,015 to €22,010
- Staff costs +€15,039
up €15,039 (+9.8%), from €153,185 to €168,224
- Gross operating margin +€4,981
up €4,981 (+8.1%), from €61,658 to €66,639
- Depreciation +€2,003
up €2,003 (+10.0%), from €19,975 to €21,978
- Other operating charges -€1,072
down €1,072 (-53.5%), from €2,004 to €932
- Financial charges -€933
down €933 (-65.3%), from €1,430 to €496
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,217 | €256,103 | -€99,114 | -27.9% |
| Fixed assets | 21/28 | €219,357 | €204,520 | -€14,837 | -6.8% |
| Intangible fixed assets | 21 | €44,321 | €34,463 | -€9,857 | -22.2% |
| Tangible fixed assets | 22/27 | €170,986 | €166,006 | -€4,980 | -2.9% |
| Plant, machinery and equipment | 23 | €5,058 | €6,196 | +€1,138 | +22.5% |
| Furniture and vehicles | 24 | €339 | €2,667 | +€2,328 | +688% |
| Other tangible fixed assets | 26 | €139,589 | €131,143 | -€8,446 | -6.1% |
| Assets under construction and advance payments | 27 | €26,000 | €26,000 | = | 0.0% |
| Financial fixed assets | 28 | €4,050 | €4,050 | = | 0.0% |
| Current assets | 29/58 | €135,860 | €51,584 | -€84,276 | -62.0% |
| Amounts receivable within one year | 40/41 | €15,656 | €14,076 | -€1,580 | -10.1% |
| Trade receivables | 40 | - | €1,923 | +€1,923 | |
| Other amounts receivable | 41 | €15,656 | €12,153 | -€3,503 | -22.4% |
| Cash at bank and in hand | 54/58 | €119,070 | €37,508 | -€81,562 | -68.5% |
| Deferred charges and accrued income | 490/1 | €1,134 | - | -€1,134 | |
| Total equity and liabilities | 10/49 | €355,217 | €256,103 | -€99,114 | -27.9% |
| Equity | 10/15 | -€122,152 | -€247,143 | -€124,991 | -102% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | -€130,212 | -€255,203 | -€124,991 | -96.0% |
| Amounts payable | 17/49 | €477,369 | €503,247 | +€25,877 | +5.4% |
| Amounts payable after more than one year | 17 | €196,131 | - | -€196,131 | |
| Financial debts | 170/4 | €196,131 | - | -€196,131 | |
| Amounts payable within one year | 42/48 | €274,223 | €481,236 | +€207,013 | +75.5% |
| Current portion of amounts payable after more than one year | 42 | €163,852 | €157,143 | -€6,709 | -4.1% |
| Trade debts | 44 | €93,944 | €280,546 | +€186,603 | +199% |
| Suppliers | 440/4 | €93,944 | €280,546 | +€186,603 | +199% |
| Taxes, remuneration and social security | 45 | €16,427 | €43,289 | +€26,862 | +164% |
| Taxes | 450/3 | €1,118 | €1,140 | +€22 | +2.0% |
| Remuneration and social security | 454/9 | €15,310 | €42,150 | +€26,840 | +175% |
| Other amounts payable | 47/48 | - | €258 | +€258 | |
| Accrued charges and deferred income | 492/3 | €7,015 | €22,010 | +€14,995 | +214% |
| Remuneration, social security and pensions | 62 | €153,185 | €168,224 | +€15,039 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,975 | €21,978 | +€2,003 | +10.0% |
| Other operating charges | 640/8 | €2,004 | €932 | -€1,072 | -53.5% |
| Gross operating margin | 9900 | €61,658 | €66,639 | +€4,981 | +8.1% |
| Operating profit (loss) | 9901 | -€113,506 | -€124,495 | -€10,989 | -9.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,430 | €496 | -€933 | -65.3% |
| Recurring financial charges | 65 | €1,430 | €496 | -€933 | -65.3% |
| Profit (loss) for the period before taxes | 9903 | -€114,935 | -€124,991 | -€10,056 | -8.7% |
| Profit (loss) for the period | 9904 | -€114,935 | -€124,991 | -€10,056 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€114,935 | -€124,991 | -€10,056 | -8.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.