MAYGATE: 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.
MAYGATE
Largest movements
- Receivables within one year +€64,412
up €64,412 (+14.5%), from €444,471 to €508,883
- Profit (loss) carried forward +€60,680
up €60,680 (+16.1%), from €377,261 to €437,940
- Tax, wage and social debts +€5,654
up €5,654 (+120%), from €4,703 to €10,357
- Gross operating margin +€2,516
up €2,516 (+3.1%), from €81,137 to €83,653
- Taxes +€950
up €950 (+4.8%), from €19,703 to €20,654
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €455,523 | €520,950 | +€65,427 | +14.4% |
| Current assets | 29/58 | €455,523 | €520,950 | +€65,427 | +14.4% |
| Amounts receivable within one year | 40/41 | €444,471 | €508,883 | +€64,412 | +14.5% |
| Other amounts receivable | 41 | €444,471 | €508,883 | +€64,412 | +14.5% |
| Deferred charges and accrued income | 490/1 | €11,051 | €12,067 | +€1,015 | +9.2% |
| Total equity and liabilities | 10/49 | €455,523 | €520,950 | +€65,427 | +14.4% |
| Equity | 10/15 | €441,821 | €502,500 | +€60,680 | +13.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €58,360 | €58,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €58,360 | €58,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €58,360 | €58,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €377,261 | €437,940 | +€60,680 | +16.1% |
| Amounts payable | 17/49 | €13,702 | €18,450 | +€4,747 | +34.6% |
| Amounts payable within one year | 42/48 | €13,702 | €18,450 | +€4,747 | +34.6% |
| Current portion of amounts payable after more than one year | 42 | €2,578 | €2,568 | -€10 | -0.4% |
| Financial debts | 43 | €4,947 | €4,377 | -€570 | -11.5% |
| Credit institutions | 430/8 | €4,947 | €4,377 | -€570 | -11.5% |
| Trade debts | 44 | €1,474 | €1,147 | -€327 | -22.2% |
| Suppliers | 440/4 | €1,474 | €1,147 | -€327 | -22.2% |
| Taxes, remuneration and social security | 45 | €4,703 | €10,357 | +€5,654 | +120% |
| Taxes | 450/3 | €4,703 | €10,357 | +€5,654 | +120% |
| Other operating charges | 640/8 | €1,289 | €932 | -€357 | -27.7% |
| Gross operating margin | 9900 | €81,137 | €83,653 | +€2,516 | +3.1% |
| Operating profit (loss) | 9901 | €79,848 | €82,721 | +€2,873 | +3.6% |
| Financial charges | 65/66B | €1,668 | €1,387 | -€281 | -16.8% |
| Recurring financial charges | 65 | €1,668 | €1,387 | -€281 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €78,180 | €81,334 | +€3,154 | +4.0% |
| Income taxes | 67/77 | €19,703 | €20,654 | +€950 | +4.8% |
| Profit (loss) for the period | 9904 | €58,477 | €60,680 | +€2,203 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €58,477 | €60,680 | +€2,203 | +3.8% |
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 27 October 2026 via checked.be.