MAYEN: 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.
MAYEN
Largest movements
- Cash +€42,690
up €42,690 (+1,423%), from €3,000 to €45,690
mainly Net result for the year (+€24,664) and Debts after one year (+€23,565)
- Tangible fixed assets +€26,942
new in 2025: €26,942
- Deferred charges and accrued income -€6,747
down €6,747 (-45.0%), from €15,000 to €8,253
- Profit (loss) carried forward +€24,664
up €24,664 (+296%), from €8,343 to €33,007
- Debts after one year +€23,565
new in 2025: €23,565
- Other debts +€6,946
up €6,946 (+290%), from €2,393 to €9,339
- Current portion of long-term debt +€6,689
new in 2025: €6,689
- Gross operating margin +€31,311
up €31,311 (+276%), from €11,337 to €42,647
- Depreciation +€9,167
new in 2025: €9,167
- Taxes +€5,523
up €5,523 (+265%), from €2,086 to €7,609
- Financial charges +€1,207
new in 2025: €1,207
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.
Derived cash bridge
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 | €18,000 | €80,885 | +€62,885 | +349% |
| Fixed assets | 21/28 | - | €26,942 | +€26,942 | |
| Tangible fixed assets | 22/27 | - | €26,942 | +€26,942 | |
| Furniture and vehicles | 24 | - | €26,942 | +€26,942 | |
| Current assets | 29/58 | €18,000 | €53,943 | +€35,943 | +200% |
| Cash at bank and in hand | 54/58 | €3,000 | €45,690 | +€42,690 | +1,423% |
| Deferred charges and accrued income | 490/1 | €15,000 | €8,253 | -€6,747 | -45.0% |
| Total equity and liabilities | 10/49 | €18,000 | €80,885 | +€62,885 | +349% |
| Equity | 10/15 | €11,343 | €36,007 | +€24,664 | +217% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,343 | €33,007 | +€24,664 | +296% |
| Amounts payable | 17/49 | €6,657 | €44,878 | +€38,221 | +574% |
| Amounts payable after more than one year | 17 | - | €23,565 | +€23,565 | |
| Financial debts | 170/4 | - | €23,565 | +€23,565 | |
| Amounts payable within one year | 42/48 | €4,479 | €18,408 | +€13,930 | +311% |
| Current portion of amounts payable after more than one year | 42 | - | €6,689 | +€6,689 | |
| Trade debts | 44 | - | €271 | +€271 | |
| Suppliers | 440/4 | - | €271 | +€271 | |
| Taxes, remuneration and social security | 45 | €2,086 | €2,109 | +€23 | +1.1% |
| Taxes | 450/3 | €2,086 | €2,109 | +€23 | +1.1% |
| Other amounts payable | 47/48 | €2,393 | €9,339 | +€6,946 | +290% |
| Accrued charges and deferred income | 492/3 | €2,178 | €2,904 | +€726 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,167 | +€9,167 | |
| Non-recurring operating charges | 66A | €908 | - | -€908 | |
| Gross operating margin | 9900 | €11,337 | €42,647 | +€31,311 | +276% |
| Operating profit (loss) | 9901 | €10,429 | €33,480 | +€23,051 | +221% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €1,207 | +€1,207 | |
| Recurring financial charges | 65 | - | €1,207 | +€1,207 | |
| Profit (loss) for the period before taxes | 9903 | €10,429 | €32,273 | +€21,844 | +209% |
| Income taxes | 67/77 | €2,086 | €7,609 | +€5,523 | +265% |
| Profit (loss) for the period | 9904 | €8,343 | €24,664 | +€16,321 | +196% |
| Profit (loss) for the period to be appropriated | 9905 | €8,343 | €24,664 | +€16,321 | +196% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.