MAYENCE: 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.
MAYENCE
Largest movements
- Cash -€436,785
down €436,785 (-62.9%), from €694,631 to €257,846
mainly Tax, wage and social debts (-€257,275) and Other debts (-€151,567)
- Receivables within one year +€16,190
up €16,190 (+182.2%), from €8,886 to €25,076
- Tax, wage and social debts -€257,275
down €257,275 (-73.8%), from €348,777 to €91,502
of which Taxes: -€156,468
- Other debts -€151,567
down €151,567 (-41.8%), from €362,378 to €210,811
- Profit (loss) carried forward +€63,528
up €63,528 (+57.2%), from €111,119 to €174,647
- Advances received -€40,915
down €40,915 (-99.5%), from €41,115 to €200
- Debts after one year -€23,573
down €23,573 (-10.6%), from €222,100 to €198,527
- Gross operating margin +€86,582
up €86,582 (+22.2%), from €389,826 to €476,408
- Financial income -€43,568
down €43,568 (-86.1%), from €50,593 to €7,026
of which Non-recurring financial income: -€43,794
- Depreciation +€19,936
up €19,936 (+30.2%), from €66,017 to €85,953
- Other operating charges -€16,421
down €16,421 (-68.2%), from €24,078 to €7,657
- Taxes +€14,603
up €14,603 (+73.4%), from €19,905 to €34,508
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 | €1,223,364 | €818,402 | -€404,962 | -33.1% |
| Fixed assets | 21/28 | €516,093 | €526,744 | +€10,651 | +2.1% |
| Tangible fixed assets | 22/27 | €508,529 | €513,397 | +€4,868 | +1.0% |
| Land and buildings | 22 | €290,828 | €282,335 | -€8,493 | -2.9% |
| Furniture and vehicles | 24 | €217,701 | €231,062 | +€13,361 | +6.1% |
| Financial fixed assets | 28 | €7,564 | €13,347 | +€5,783 | +76.5% |
| Current assets | 29/58 | €707,272 | €291,658 | -€415,614 | -58.8% |
| Amounts receivable within one year | 40/41 | €8,886 | €25,076 | +€16,190 | +182.2% |
| Trade receivables | 40 | €8,886 | €25,076 | +€16,190 | +182.2% |
| Current investments | 50/53 | €3,754 | €3,747 | -€7 | -0.2% |
| Cash at bank and in hand | 54/58 | €694,631 | €257,846 | -€436,785 | -62.9% |
| Deferred charges and accrued income | 490/1 | - | €4,989 | +€4,989 | |
| Total equity and liabilities | 10/49 | €1,223,364 | €818,402 | -€404,962 | -33.1% |
| Equity | 10/15 | €119,959 | €183,487 | +€63,528 | +53.0% |
| Contributions | 10/11 | €8,840 | €8,840 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,119 | €174,647 | +€63,528 | +57.2% |
| Amounts payable | 17/49 | €1,103,405 | €634,915 | -€468,491 | -42.5% |
| Amounts payable after more than one year | 17 | €222,100 | €198,527 | -€23,573 | -10.6% |
| Financial debts | 170/4 | €222,100 | €198,527 | -€23,573 | -10.6% |
| Amounts payable within one year | 42/48 | €880,728 | €436,021 | -€444,707 | -50.5% |
| Current portion of amounts payable after more than one year | 42 | €108,756 | €103,509 | -€5,247 | -4.8% |
| Trade debts | 44 | €19,702 | €30,000 | +€10,297 | +52.3% |
| Suppliers | 440/4 | €19,702 | €30,000 | +€10,297 | +52.3% |
| Advances received on contracts in progress | 46 | €41,115 | €200 | -€40,915 | -99.5% |
| Taxes, remuneration and social security | 45 | €348,777 | €91,502 | -€257,275 | -73.8% |
| Taxes | 450/3 | €213,818 | €57,349 | -€156,468 | -73.2% |
| Remuneration and social security | 454/9 | €134,959 | €34,153 | -€100,806 | -74.7% |
| Other amounts payable | 47/48 | €362,378 | €210,811 | -€151,567 | -41.8% |
| Accrued charges and deferred income | 492/3 | €576 | €366 | -€210 | -36.5% |
| Remuneration, social security and pensions | 62 | €265,906 | €277,798 | +€11,892 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,017 | €85,953 | +€19,936 | +30.2% |
| Other operating charges | 640/8 | €24,078 | €7,657 | -€16,421 | -68.2% |
| Gross operating margin | 9900 | €389,826 | €476,408 | +€86,582 | +22.2% |
| Operating profit (loss) | 9901 | €33,826 | €105,001 | +€71,175 | +210.4% |
| Financial income | 75/76B | €50,593 | €7,026 | -€43,568 | -86.1% |
| Recurring financial income | 75 | €1,232 | €1,459 | +€227 | +18.4% |
| Non-recurring financial income | 76B | €49,361 | €5,567 | -€43,794 | -88.7% |
| Financial charges | 65/66B | €18,566 | €13,990 | -€4,576 | -24.6% |
| Recurring financial charges | 65 | €18,566 | €13,990 | -€4,576 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €65,853 | €98,036 | +€32,183 | +48.9% |
| Income taxes | 67/77 | €19,905 | €34,508 | +€14,603 | +73.4% |
| Profit (loss) for the period | 9904 | €45,948 | €63,528 | +€17,580 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,948 | €63,528 | +€17,580 | +38.3% |
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 8 October 2026 via checked.be.