MAYLOG: 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.
MAYLOG
Largest movements
- Receivables within one year -€41,908
down €41,908 (-49.6%), from €84,444 to €42,537
of which Other amounts receivable: -€49,384
- Cash -€27,737
down €27,737 (-94.3%), from €29,416 to €1,679
mainly Net result for the year (-€50,131) and Tax, wage and social debts (-€38,322)
- Tangible fixed assets -€8,547
down €8,547 (-48.0%), from €17,789 to €9,242
- Profit (loss) carried forward -€50,131
down €50,131 (-70.1%), from -€71,485 to -€121,617
- Tax, wage and social debts -€38,322
down €38,322 (-73.5%), from €52,169 to €13,847
of which Taxes: -€32,971
- Trade debts +€5,314
up €5,314 (+6.3%), from €84,666 to €89,981
- Other debts +€4,419
up €4,419 (+25.6%), from €17,250 to €21,669
- Gross operating margin -€62,715
down €62,715 (-89.1%), from €70,360 to €7,645
- Staff costs -€37,760
down €37,760 (-71.9%), from €52,501 to €14,741
- Other operating charges +€10,195
up €10,195 (+79.9%), from €12,755 to €22,950
- Financial charges +€6,434
up €6,434 (+182%), from €3,544 to €9,979
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 | €142,599 | €63,880 | -€78,720 | -55.2% |
| Fixed assets | 21/28 | €28,039 | €19,492 | -€8,547 | -30.5% |
| Tangible fixed assets | 22/27 | €17,789 | €9,242 | -€8,547 | -48.0% |
| Furniture and vehicles | 24 | €17,789 | €9,242 | -€8,547 | -48.0% |
| Financial fixed assets | 28 | €10,250 | €10,250 | = | 0.0% |
| Current assets | 29/58 | €114,561 | €44,388 | -€70,173 | -61.3% |
| Amounts receivable within one year | 40/41 | €84,444 | €42,537 | -€41,908 | -49.6% |
| Trade receivables | 40 | €22,905 | €30,382 | +€7,477 | +32.6% |
| Other amounts receivable | 41 | €61,539 | €12,155 | -€49,384 | -80.2% |
| Cash at bank and in hand | 54/58 | €29,416 | €1,679 | -€27,737 | -94.3% |
| Deferred charges and accrued income | 490/1 | €701 | €172 | -€529 | -75.4% |
| Total equity and liabilities | 10/49 | €142,599 | €63,880 | -€78,720 | -55.2% |
| Equity | 10/15 | -€11,485 | -€61,617 | -€50,131 | -436% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,485 | -€121,617 | -€50,131 | -70.1% |
| Amounts payable | 17/49 | €154,085 | €125,497 | -€28,588 | -18.6% |
| Amounts payable within one year | 42/48 | €154,085 | €125,497 | -€28,588 | -18.6% |
| Trade debts | 44 | €84,666 | €89,981 | +€5,314 | +6.3% |
| Suppliers | 440/4 | €84,666 | €89,981 | +€5,314 | +6.3% |
| Taxes, remuneration and social security | 45 | €52,169 | €13,847 | -€38,322 | -73.5% |
| Taxes | 450/3 | €43,045 | €10,073 | -€32,971 | -76.6% |
| Remuneration and social security | 454/9 | €9,124 | €3,773 | -€5,351 | -58.6% |
| Other amounts payable | 47/48 | €17,250 | €21,669 | +€4,419 | +25.6% |
| Non-recurring operating income | 76A | €456 | €4,790 | +€4,334 | +950% |
| Remuneration, social security and pensions | 62 | €52,501 | €14,741 | -€37,760 | -71.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,012 | €10,107 | +€95 | +0.9% |
| Other operating charges | 640/8 | €12,755 | €22,950 | +€10,195 | +79.9% |
| Gross operating margin | 9900 | €70,360 | €7,645 | -€62,715 | -89.1% |
| Operating profit (loss) | 9901 | -€4,908 | -€40,153 | -€35,245 | -718% |
| Financial income | 75/76B | €0 | €0 | -€0 | -75.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -75.0% |
| Financial charges | 65/66B | €3,544 | €9,979 | +€6,434 | +182% |
| Recurring financial charges | 65 | €3,544 | €9,979 | +€6,434 | +182% |
| Profit (loss) for the period before taxes | 9903 | -€8,452 | -€50,131 | -€41,679 | -493% |
| Profit (loss) for the period | 9904 | -€8,452 | -€50,131 | -€41,679 | -493% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,452 | -€50,131 | -€41,679 | -493% |
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 19 October 2026 via checked.be.