MAYDENTAL: 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.
MAYDENTAL
Largest movements
- Cash +€29,848
up €29,848 (+55.4%), from €53,914 to €83,762
mainly Net result for the year (+€40,670) and Tax, wage and social debts (+€12,838)
- Receivables within one year +€16,409
up €16,409 (+73.0%), from €22,484 to €38,892
of which Other amounts receivable: +€15,713
- Deferred charges and accrued income -€3,362
down €3,362 (-69.1%), from €4,869 to €1,507
- Profit (loss) carried forward +€40,670
up €40,670 (+78.7%), from €51,674 to €92,344
- Tax, wage and social debts +€12,838
up €12,838 (+80.9%), from €15,866 to €28,705
- Other debts -€12,096
down €12,096 (-100.0%), from €12,096 to €0
- Trade debts +€2,018
up €2,018 (+898.8%), from €224 to €2,242
- Gross operating margin -€8,864
down €8,864 (-13.4%), from €65,928 to €57,064
- Other operating charges +€1,489
up €1,489 (+244.8%), from €609 to €2,098
- Financial charges +€1,102
up €1,102 (+760.6%), from €145 to €1,247
- Taxes -€937
down €937 (-7.0%), from €13,321 to €12,384
- Depreciation +€911
up €911 (+506.3%), from €180 to €1,091
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 | €84,031 | €127,483 | +€43,452 | +51.7% |
| Fixed assets | 21/28 | €2,764 | €3,322 | +€558 | +20.2% |
| Tangible fixed assets | 22/27 | €2,764 | €3,322 | +€558 | +20.2% |
| Plant, machinery and equipment | 23 | - | €1,320 | +€1,320 | |
| Furniture and vehicles | 24 | €2,764 | €2,002 | -€762 | -27.6% |
| Current assets | 29/58 | €81,266 | €124,161 | +€42,895 | +52.8% |
| Amounts receivable within one year | 40/41 | €22,484 | €38,892 | +€16,409 | +73.0% |
| Trade receivables | 40 | €22,484 | €23,179 | +€696 | +3.1% |
| Other amounts receivable | 41 | - | €15,713 | +€15,713 | |
| Cash at bank and in hand | 54/58 | €53,914 | €83,762 | +€29,848 | +55.4% |
| Deferred charges and accrued income | 490/1 | €4,869 | €1,507 | -€3,362 | -69.1% |
| Total equity and liabilities | 10/49 | €84,031 | €127,483 | +€43,452 | +51.7% |
| Equity | 10/15 | €54,174 | €94,844 | +€40,670 | +75.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,674 | €92,344 | +€40,670 | +78.7% |
| Amounts payable | 17/49 | €29,857 | €32,640 | +€2,783 | +9.3% |
| Amounts payable within one year | 42/48 | €28,187 | €30,947 | +€2,760 | +9.8% |
| Trade debts | 44 | €224 | €2,242 | +€2,018 | +898.8% |
| Suppliers | 440/4 | €224 | €2,242 | +€2,018 | +898.8% |
| Taxes, remuneration and social security | 45 | €15,866 | €28,705 | +€12,838 | +80.9% |
| Taxes | 450/3 | €15,866 | €28,705 | +€12,838 | +80.9% |
| Other amounts payable | 47/48 | €12,096 | €0 | -€12,096 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,670 | €1,693 | +€23 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180 | €1,091 | +€911 | +506.3% |
| Other operating charges | 640/8 | €609 | €2,098 | +€1,489 | +244.8% |
| Gross operating margin | 9900 | €65,928 | €57,064 | -€8,864 | -13.4% |
| Operating profit (loss) | 9901 | €65,139 | €53,875 | -€11,264 | -17.3% |
| Financial income | 75/76B | - | €426 | +€426 | |
| Recurring financial income | 75 | - | €426 | +€426 | |
| Financial charges | 65/66B | €145 | €1,247 | +€1,102 | +760.6% |
| Recurring financial charges | 65 | €145 | €1,247 | +€1,102 | +760.6% |
| Profit (loss) for the period before taxes | 9903 | €64,994 | €53,054 | -€11,941 | -18.4% |
| Income taxes | 67/77 | €13,321 | €12,384 | -€937 | -7.0% |
| Profit (loss) for the period | 9904 | €51,674 | €40,670 | -€11,004 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,674 | €40,670 | -€11,004 | -21.3% |
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 6 October 2026 via checked.be.