MAYENCE 17: 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.
MAYENCE 17
Largest movements
- Cash -€8,388
down €8,388 (-94.9%), from €8,838 to €450
mainly Investment in fixed assets (net) (-€15,503) and Debts after one year (-€11,528)
- Tangible fixed assets +€6,110
up €6,110 (+2.7%), from €228,549 to €234,660
of which Plant, machinery and equipment: +€10,595
- Debts after one year -€11,528
down €11,528 (-6.5%), from €176,815 to €165,287
- Profit (loss) carried forward +€6,414
up €6,414 (+45.1%), from €14,230 to €20,644
- Gross operating margin +€4,947
up €4,947 (+30.6%), from €16,182 to €21,129
- Depreciation -€3,923
down €3,923 (-29.5%), from €13,317 to €9,393
- Taxes +€969
new in 2025: €969
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 | €239,149 | €235,939 | -€3,210 | -1.3% |
| Fixed assets | 21/28 | €228,549 | €234,660 | +€6,110 | +2.7% |
| Tangible fixed assets | 22/27 | €228,549 | €234,660 | +€6,110 | +2.7% |
| Land and buildings | 22 | €166,363 | €161,878 | -€4,485 | -2.7% |
| Plant, machinery and equipment | 23 | €62,187 | €72,782 | +€10,595 | +17.0% |
| Current assets | 29/58 | €10,599 | €1,279 | -€9,320 | -87.9% |
| Amounts receivable within one year | 40/41 | €0 | €34 | +€34 | +57,050% |
| Other amounts receivable | 41 | €0 | €34 | +€34 | +57,050% |
| Cash at bank and in hand | 54/58 | €8,838 | €450 | -€8,388 | -94.9% |
| Deferred charges and accrued income | 490/1 | €1,761 | €795 | -€966 | -54.9% |
| Total equity and liabilities | 10/49 | €239,149 | €235,939 | -€3,210 | -1.3% |
| Equity | 10/15 | €19,230 | €25,644 | +€6,414 | +33.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,230 | €20,644 | +€6,414 | +45.1% |
| Amounts payable | 17/49 | €219,919 | €210,296 | -€9,623 | -4.4% |
| Amounts payable after more than one year | 17 | €176,815 | €165,287 | -€11,528 | -6.5% |
| Financial debts | 170/4 | €176,815 | €165,287 | -€11,528 | -6.5% |
| Amounts payable within one year | 42/48 | €43,104 | €45,008 | +€1,905 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €11,413 | €11,528 | +€115 | +1.0% |
| Trade debts | 44 | €1,591 | €1,399 | -€193 | -12.1% |
| Suppliers | 440/4 | €1,591 | €1,399 | -€193 | -12.1% |
| Advances received on contracts in progress | 46 | - | €1,637 | +€1,637 | |
| Taxes, remuneration and social security | 45 | €99 | €445 | +€345 | +348% |
| Taxes | 450/3 | €99 | €445 | +€345 | +348% |
| Other amounts payable | 47/48 | €30,000 | €30,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,317 | €9,393 | -€3,923 | -29.5% |
| Other operating charges | 640/8 | €2,064 | €2,248 | +€183 | +8.9% |
| Gross operating margin | 9900 | €16,182 | €21,129 | +€4,947 | +30.6% |
| Operating profit (loss) | 9901 | €801 | €9,489 | +€8,687 | +1,084% |
| Financial charges | 65/66B | €2,199 | €2,105 | -€94 | -4.3% |
| Recurring financial charges | 65 | €2,199 | €2,105 | -€94 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,398 | €7,383 | +€8,781 | |
| Income taxes | 67/77 | - | €969 | +€969 | |
| Profit (loss) for the period | 9904 | -€1,398 | €6,414 | +€7,812 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,398 | €6,414 | +€7,812 |
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 14 October 2026 via checked.be.