MAYDA: 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.
MAYDA
Largest movements
- Cash -€13,956
down €13,956 (-94.1%), from €14,829 to €873
mainly Other debts (-€13,500) and Net result for the year (-€6,850)
- Receivables within one year -€4,752
down €4,752 (-86.6%), from €5,488 to €736
of which Trade receivables: -€2,695
- Deferred charges and accrued income -€818
down €818 (-100.0%), from €818 to €0
- Tangible fixed assets -€378
down €378 (-47.5%), from €796 to €418
of which Plant, machinery and equipment: -€231
- Other debts -€13,500
down €13,500 (-23.8%), from €56,780 to €43,280
- Profit (loss) carried forward -€6,850
down €6,850 (-18.6%), from -€36,850 to -€43,699
- Accrued charges and deferred income +€400
new in 2025: €400
- Write-downs +€19,421
up €19,421, from -€19,421 to €0
- Gross operating margin +€6,705
up €6,705 (+54.2%), from -€12,377 to -€5,672
- Depreciation -€240
down €240 (-38.8%), from €618 to €378
- Financial charges -€161
down €161 (-53.4%), from €301 to €140
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 | €21,930 | €2,027 | -€19,903 | -90.8% |
| Fixed assets | 21/28 | €796 | €418 | -€378 | -47.5% |
| Tangible fixed assets | 22/27 | €796 | €418 | -€378 | -47.5% |
| Plant, machinery and equipment | 23 | €648 | €418 | -€231 | -35.6% |
| Furniture and vehicles | 24 | €147 | €0 | -€147 | -100.0% |
| Current assets | 29/58 | €21,135 | €1,609 | -€19,525 | -92.4% |
| Amounts receivable within one year | 40/41 | €5,488 | €736 | -€4,752 | -86.6% |
| Trade receivables | 40 | €2,869 | €174 | -€2,695 | -93.9% |
| Other amounts receivable | 41 | €2,619 | €562 | -€2,057 | -78.5% |
| Cash at bank and in hand | 54/58 | €14,829 | €873 | -€13,956 | -94.1% |
| Deferred charges and accrued income | 490/1 | €818 | €0 | -€818 | -100.0% |
| Total equity and liabilities | 10/49 | €21,930 | €2,027 | -€19,903 | -90.8% |
| Equity | 10/15 | -€34,850 | -€41,699 | -€6,850 | -19.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,850 | -€43,699 | -€6,850 | -18.6% |
| Amounts payable | 17/49 | €56,780 | €43,726 | -€13,054 | -23.0% |
| Amounts payable within one year | 42/48 | €56,780 | €43,326 | -€13,454 | -23.7% |
| Trade debts | 44 | - | €46 | +€46 | |
| Suppliers | 440/4 | - | €46 | +€46 | |
| Other amounts payable | 47/48 | €56,780 | €43,280 | -€13,500 | -23.8% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €618 | €378 | -€240 | -38.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€19,421 | €0 | +€19,421 | |
| Other operating charges | 640/8 | €765 | €659 | -€106 | -13.9% |
| Gross operating margin | 9900 | -€12,377 | -€5,672 | +€6,705 | +54.2% |
| Operating profit (loss) | 9901 | €5,661 | -€6,709 | -€12,370 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €301 | €140 | -€161 | -53.4% |
| Recurring financial charges | 65 | €301 | €140 | -€161 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | €5,359 | -€6,850 | -€12,209 | |
| Profit (loss) for the period | 9904 | €5,359 | -€6,850 | -€12,209 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,359 | -€6,850 | -€12,209 |
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 30 September 2026 via checked.be.