MAYFAIR: 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.
MAYFAIR
Largest movements
- Cash +€4,859
up €4,859 (+1035.5%), from €469 to €5,328
mainly Net result for the year (+€3,309) and Trade debts (+€2,414)
- Receivables within one year +€3,964
up €3,964 (+11.6%), from €34,310 to €38,274
of which Other amounts receivable: +€3,102
- Tangible fixed assets -€1,387
down €1,387 (-26.0%), from €5,334 to €3,946
of which Other tangible fixed assets: -€1,017
- Profit (loss) carried forward +€3,309
up €3,309 (+18.8%), from €17,558 to €20,867
- Trade debts +€2,414
up €2,414 (+205.5%), from €1,175 to €3,589
- Tax, wage and social debts +€1,714
up €1,714 (+84.4%), from €2,031 to €3,745
of which Taxes: +€1,064
- Gross operating margin +€7,148
up €7,148 (+191.5%), from €3,732 to €10,881
- Other operating charges -€1,102
down €1,102 (-52.4%), from €2,101 to €999
- Staff costs +€962
up €962 (+15.4%), from €6,236 to €7,198
- Financial charges -€503
down €503 (-76.3%), from €659 to €156
of which Non-recurring financial charges: -€350
- Financial income +€263
up €263 (+13.8%), from €1,905 to €2,169
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,224 | €48,661 | +€7,437 | +18.0% |
| Fixed assets | 21/28 | €5,524 | €4,136 | -€1,387 | -25.1% |
| Tangible fixed assets | 22/27 | €5,334 | €3,946 | -€1,387 | -26.0% |
| Plant, machinery and equipment | 23 | €1,265 | €895 | -€370 | -29.2% |
| Other tangible fixed assets | 26 | €4,068 | €3,051 | -€1,017 | -25.0% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €35,700 | €44,524 | +€8,824 | +24.7% |
| Amounts receivable within one year | 40/41 | €34,310 | €38,274 | +€3,964 | +11.6% |
| Trade receivables | 40 | - | €862 | +€862 | |
| Other amounts receivable | 41 | €34,310 | €37,412 | +€3,102 | +9.0% |
| Cash at bank and in hand | 54/58 | €469 | €5,328 | +€4,859 | +1035.5% |
| Deferred charges and accrued income | 490/1 | €921 | €922 | +€2 | +0.2% |
| Total equity and liabilities | 10/49 | €41,224 | €48,661 | +€7,437 | +18.0% |
| Equity | 10/15 | €38,018 | €41,327 | +€3,309 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,558 | €20,867 | +€3,309 | +18.8% |
| Amounts payable | 17/49 | €3,206 | €7,334 | +€4,128 | +128.8% |
| Amounts payable within one year | 42/48 | €3,206 | €7,334 | +€4,128 | +128.8% |
| Trade debts | 44 | €1,175 | €3,589 | +€2,414 | +205.5% |
| Suppliers | 440/4 | €1,175 | €3,589 | +€2,414 | +205.5% |
| Taxes, remuneration and social security | 45 | €2,031 | €3,745 | +€1,714 | +84.4% |
| Taxes | 450/3 | €1,202 | €2,266 | +€1,064 | +88.5% |
| Remuneration and social security | 454/9 | €829 | €1,479 | +€650 | +78.4% |
| Remuneration, social security and pensions | 62 | €6,236 | €7,198 | +€962 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,387 | €1,387 | = | 0.0% |
| Other operating charges | 640/8 | €2,101 | €999 | -€1,102 | -52.4% |
| Gross operating margin | 9900 | €3,732 | €10,881 | +€7,148 | +191.5% |
| Operating profit (loss) | 9901 | -€5,992 | €1,296 | +€7,288 | |
| Financial income | 75/76B | €1,905 | €2,169 | +€263 | +13.8% |
| Recurring financial income | 75 | €1,905 | €2,169 | +€263 | +13.8% |
| Financial charges | 65/66B | €659 | €156 | -€503 | -76.3% |
| Recurring financial charges | 65 | €309 | €156 | -€153 | -49.4% |
| Non-recurring financial charges | 66B | €350 | - | -€350 | |
| Profit (loss) for the period before taxes | 9903 | -€4,745 | €3,309 | +€8,054 | |
| Income taxes | 67/77 | €36 | - | -€36 | |
| Profit (loss) for the period | 9904 | -€4,781 | €3,309 | +€8,090 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,781 | €3,309 | +€8,090 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.