MAYBBERS: what changed
Two fiscal 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.
What changed
MAYBBERS
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,769
2024 · €12,973-€2,204
Equity
€521,957
2024 · €511,188+€10,769
Cash
€17,500
2024 · €7,433+€10,068
Balance sheet total
€1.3m
2024 · €1.4m-€122,895
Largest movements
Assets
- Tangible fixed assets -€133,531
down €133,531 (-9.7%), from €1.4m to €1.2m
of which Land and buildings: -€119,978
Equity and liabilities
- Debts after one year -€79,585
down €79,585 (-17.5%), from €454,352 to €374,767
- Other debts -€75,265
down €75,265 (-24.5%), from €306,850 to €231,586
Income statement
- Gross operating margin +€9,001
up €9,001 (+4.4%), from €202,429 to €211,430
- Other operating charges +€7,923
up €7,923 (+27.7%), from €28,584 to €36,506
- Depreciation +€6,528
up €6,528 (+4.5%), from €143,733 to €150,260
- Financial charges -€3,858
down €3,858 (-21.0%), from €18,383 to €14,525
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.
Result 2024
€12,973
Gross operating margin
+€9,001
Depreciation
-€6,528
Other operating charges
-€7,923
Financial income
-€1
Financial charges
+€3,858
Taxes
-€611
Result 2025
€10,769
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.
From operations
+€103,270
Investment
-€16,730
Financing
-€76,472
Cash 2024
€7,433
From operations (derived)
+€103,270
Net result for the year
+€10,769
Depreciation
+€150,260
Receivables within one year
+€971
Deferred charges and accrued income
-€1,539
Provisions
-€1,360
Trade debts
+€6,505
Tax, wage and social debts
+€729
Other debts
-€75,265
Accrued charges and deferred income
+€12,199
Investment (derived)
-€16,730
Investment in fixed assets (net)
-€16,730
Financing
-€76,472
Debts after one year
-€79,585
Current portion of long-term debt
+€3,113
Cash 2025
€17,500
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,392,212 | €1,269,318 | -€122,895 | -8.8% |
| Fixed assets | 21/28 | €1,381,094 | €1,247,563 | -€133,531 | -9.7% |
| Tangible fixed assets | 22/27 | €1,381,094 | €1,247,563 | -€133,531 | -9.7% |
| Land and buildings | 22 | €1,326,337 | €1,206,359 | -€119,978 | -9.0% |
| Plant, machinery and equipment | 23 | €662 | €425 | -€237 | -35.8% |
| Furniture and vehicles | 24 | €54,095 | €40,779 | -€13,316 | -24.6% |
| Current assets | 29/58 | €11,118 | €21,754 | +€10,636 | +95.7% |
| Amounts receivable within one year | 40/41 | €2,282 | €1,311 | -€971 | -42.5% |
| Trade receivables | 40 | - | €1,311 | +€1,311 | |
| Other amounts receivable | 41 | €2,282 | €0 | -€2,282 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,433 | €17,500 | +€10,068 | +135.5% |
| Deferred charges and accrued income | 490/1 | €1,404 | €2,943 | +€1,539 | +109.6% |
| Total equity and liabilities | 10/49 | €1,392,212 | €1,269,318 | -€122,895 | -8.8% |
| Equity | 10/15 | €511,188 | €521,957 | +€10,769 | +2.1% |
| Contributions | 10/11 | €409,024 | €409,024 | = | 0.0% |
| Capital | 10 | €409,024 | €0 | -€409,024 | -100.0% |
| Issued capital | 100 | €409,024 | €0 | -€409,024 | -100.0% |
| Outside capital | 11 | - | €409,024 | +€409,024 | |
| Other | 1109/19 | - | €409,024 | +€409,024 | |
| Reserves | 13 | €102,007 | €112,365 | +€10,358 | +10.2% |
| Tax-exempt reserves | 132 | €65,007 | €62,365 | -€2,642 | -4.1% |
| Distributable reserves | 133 | €37,000 | €50,000 | +€13,000 | +35.1% |
| Profit (loss) carried forward | 14 | €157 | €568 | +€411 | +262.1% |
| Provisions and deferred taxes | 16 | €33,473 | €32,113 | -€1,360 | -4.1% |
| Deferred taxes | 168 | €33,473 | €32,113 | -€1,360 | -4.1% |
| Amounts payable | 17/49 | €847,551 | €715,247 | -€132,304 | -15.6% |
| Amounts payable after more than one year | 17 | €454,352 | €374,767 | -€79,585 | -17.5% |
| Financial debts | 170/4 | €454,352 | €374,767 | -€79,585 | -17.5% |
| Amounts payable within one year | 42/48 | €386,968 | €322,051 | -€64,917 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €75,912 | €79,025 | +€3,113 | +4.1% |
| Trade debts | 44 | €4,087 | €10,592 | +€6,505 | +159.2% |
| Suppliers | 440/4 | €4,087 | €10,592 | +€6,505 | +159.2% |
| Taxes, remuneration and social security | 45 | €118 | €848 | +€729 | +615.7% |
| Taxes | 450/3 | €118 | €848 | +€729 | +615.7% |
| Other amounts payable | 47/48 | €306,850 | €231,586 | -€75,265 | -24.5% |
| Accrued charges and deferred income | 492/3 | €6,231 | €18,430 | +€12,199 | +195.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,733 | €150,260 | +€6,528 | +4.5% |
| Other operating charges | 640/8 | €28,584 | €36,506 | +€7,923 | +27.7% |
| Gross operating margin | 9900 | €202,429 | €211,430 | +€9,001 | +4.4% |
| Operating profit (loss) | 9901 | €30,113 | €24,663 | -€5,450 | -18.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €18,383 | €14,525 | -€3,858 | -21.0% |
| Recurring financial charges | 65 | €18,383 | €14,525 | -€3,858 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €11,731 | €10,138 | -€1,593 | -13.6% |
| Transfer from deferred taxes | 780 | €1,360 | €1,360 | = | 0.0% |
| Income taxes | 67/77 | €118 | €729 | +€611 | +515.7% |
| Profit (loss) for the period | 9904 | €12,973 | €10,769 | -€2,204 | -17.0% |
| Transfer from tax-exempt reserves | 789 | €2,642 | €2,642 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,615 | €13,411 | -€2,204 | -14.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.