MAYATEC: 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.
MAYATEC
Largest movements
- Cash +€109,084
up €109,084 (+70.9%), from €153,818 to €262,901
mainly Other debts (+€55,216) and Net result for the year (+€46,037)
- Tangible fixed assets -€36,851
down €36,851 (-16.6%), from €221,845 to €184,994
of which Land and buildings: -€24,519
- Receivables within one year -€28,463
down €28,463 (-42.8%), from €66,487 to €38,024
of which Trade receivables: -€24,119
- Receivables after one year -€22,024
no longer reported in 2025 (was €22,024)
- Other debts +€55,216
up €55,216 (+30.1%), from €183,330 to €238,546
- Tax, wage and social debts -€15,003
down €15,003 (-72.3%), from €20,755 to €5,752
- Debts after one year -€12,083
no longer reported in 2025 (was €12,083)
- Financial charges +€21,046
up €21,046, from -€2,053 to €18,993
- Gross operating margin +€7,586
up €7,586 (+6.5%), from €116,453 to €124,039
- Taxes -€6,383
down €6,383 (-26.8%), from €23,825 to €17,442
- Depreciation +€5,688
up €5,688 (+17.0%), from €33,548 to €39,236
- Other operating charges +€1,546
up €1,546 (+53.2%), from €2,908 to €4,454
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 | €645,230 | €668,037 | +€22,807 | +3.5% |
| Fixed assets | 21/28 | €221,845 | €184,994 | -€36,851 | -16.6% |
| Tangible fixed assets | 22/27 | €221,845 | €184,994 | -€36,851 | -16.6% |
| Land and buildings | 22 | €167,315 | €142,796 | -€24,519 | -14.7% |
| Plant, machinery and equipment | 23 | €5,786 | €4,491 | -€1,295 | -22.4% |
| Furniture and vehicles | 24 | €48,744 | €37,707 | -€11,037 | -22.6% |
| Current assets | 29/58 | €423,385 | €483,042 | +€59,658 | +14.1% |
| Amounts receivable after more than one year | 29 | €22,024 | - | -€22,024 | |
| Other amounts receivable | 291 | €22,024 | - | -€22,024 | |
| Amounts receivable within one year | 40/41 | €66,487 | €38,024 | -€28,463 | -42.8% |
| Trade receivables | 40 | €34,123 | €10,004 | -€24,119 | -70.7% |
| Other amounts receivable | 41 | €32,364 | €28,019 | -€4,345 | -13.4% |
| Current investments | 50/53 | €177,845 | €177,845 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €153,818 | €262,901 | +€109,084 | +70.9% |
| Deferred charges and accrued income | 490/1 | €3,211 | €4,273 | +€1,062 | +33.1% |
| Total equity and liabilities | 10/49 | €645,230 | €668,037 | +€22,807 | +3.5% |
| Equity | 10/15 | €411,943 | €410,195 | -€1,748 | -0.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €239,868 | €238,120 | -€1,748 | -0.7% |
| Tax-exempt reserves | 132 | €8,550 | €8,550 | = | 0.0% |
| Distributable reserves | 133 | €231,318 | €229,571 | -€1,748 | -0.8% |
| Profit (loss) carried forward | 14 | €159,675 | €159,675 | = | 0.0% |
| Amounts payable | 17/49 | €233,287 | €257,842 | +€24,555 | +10.5% |
| Amounts payable after more than one year | 17 | €12,083 | - | -€12,083 | |
| Financial debts | 170/4 | €12,083 | - | -€12,083 | |
| Amounts payable within one year | 42/48 | €221,204 | €257,842 | +€36,637 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €14,500 | €12,083 | -€2,417 | -16.7% |
| Trade debts | 44 | €2,619 | €1,119 | -€1,500 | -57.3% |
| Suppliers | 440/4 | €2,619 | €1,119 | -€1,500 | -57.3% |
| Advances received on contracts in progress | 46 | - | €342 | +€342 | |
| Taxes, remuneration and social security | 45 | €20,755 | €5,752 | -€15,003 | -72.3% |
| Taxes | 450/3 | €20,755 | €5,752 | -€15,003 | -72.3% |
| Other amounts payable | 47/48 | €183,330 | €238,546 | +€55,216 | +30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,548 | €39,236 | +€5,688 | +17.0% |
| Other operating charges | 640/8 | €2,908 | €4,454 | +€1,546 | +53.2% |
| Gross operating margin | 9900 | €116,453 | €124,039 | +€7,586 | +6.5% |
| Operating profit (loss) | 9901 | €79,997 | €80,348 | +€351 | +0.4% |
| Financial income | 75/76B | €1,027 | €2,122 | +€1,096 | +106.7% |
| Recurring financial income | 75 | €1,027 | €2,122 | +€1,096 | +106.7% |
| Financial charges | 65/66B | -€2,053 | €18,993 | +€21,046 | |
| Recurring financial charges | 65 | -€2,053 | €18,993 | +€21,046 | |
| Profit (loss) for the period before taxes | 9903 | €83,077 | €63,478 | -€19,599 | -23.6% |
| Income taxes | 67/77 | €23,825 | €17,442 | -€6,383 | -26.8% |
| Profit (loss) for the period | 9904 | €59,252 | €46,037 | -€13,215 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,252 | €46,037 | -€13,215 | -22.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.