MAYO SOFTWARE: 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.
MAYO SOFTWARE
Largest movements
- Cash +€64,613
up €64,613 (+111%), from €58,331 to €122,944
mainly Net result for the year (+€53,833) and Tax, wage and social debts (+€10,822)
- Receivables within one year +€15,065
up €15,065 (+148%), from €10,200 to €25,265
- Tangible fixed assets -€8,801
down €8,801 (-22.2%), from €39,558 to €30,758
- Profit (loss) carried forward +€53,833
up €53,833 (+75.3%), from €71,462 to €125,296
- Tax, wage and social debts +€10,822
up €10,822 (+39.7%), from €27,286 to €38,108
of which Taxes: +€13,803
- Other debts +€6,907
up €6,907 (+193%), from €3,577 to €10,484
- Gross operating margin -€22,188
down €22,188 (-22.4%), from €99,098 to €76,910
- Turnover -€19,101
down €19,101 (-12.3%), from €155,431 to €136,330
- Purchases and services +€4,737
up €4,737 (+8.4%), from €56,333 to €61,070
- Taxes -€4,297
down €4,297 (-23.9%), from €18,000 to €13,703
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 | €108,184 | €179,060 | +€70,876 | +65.5% |
| Fixed assets | 21/28 | €39,652 | €30,851 | -€8,801 | -22.2% |
| Tangible fixed assets | 22/27 | €39,558 | €30,758 | -€8,801 | -22.2% |
| Furniture and vehicles | 24 | €39,558 | €30,758 | -€8,801 | -22.2% |
| Financial fixed assets | 28 | €94 | €94 | = | 0.0% |
| Current assets | 29/58 | €68,532 | €148,209 | +€79,677 | +116% |
| Amounts receivable within one year | 40/41 | €10,200 | €25,265 | +€15,065 | +148% |
| Trade receivables | 40 | €10,200 | €25,265 | +€15,065 | +148% |
| Cash at bank and in hand | 54/58 | €58,331 | €122,944 | +€64,613 | +111% |
| Total equity and liabilities | 10/49 | €108,184 | €179,060 | +€70,876 | +65.5% |
| Equity | 10/15 | €76,462 | €130,296 | +€53,833 | +70.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,462 | €125,296 | +€53,833 | +75.3% |
| Amounts payable | 17/49 | €31,721 | €48,764 | +€17,043 | +53.7% |
| Amounts payable within one year | 42/48 | €31,721 | €48,764 | +€17,043 | +53.7% |
| Trade debts | 44 | €858 | €172 | -€686 | -80.0% |
| Suppliers | 440/4 | €808 | €172 | -€636 | -78.7% |
| Bills of exchange payable | 441 | €50 | - | -€50 | |
| Taxes, remuneration and social security | 45 | €27,286 | €38,108 | +€10,822 | +39.7% |
| Taxes | 450/3 | €24,305 | €38,108 | +€13,803 | +56.8% |
| Remuneration and social security | 454/9 | €2,981 | - | -€2,981 | |
| Other amounts payable | 47/48 | €3,577 | €10,484 | +€6,907 | +193% |
| Turnover | 70 | €155,431 | €136,330 | -€19,101 | -12.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €56,333 | €61,070 | +€4,737 | +8.4% |
| Remuneration, social security and pensions | 62 | €255 | €498 | +€243 | +95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,316 | €8,801 | +€485 | +5.8% |
| Other operating charges | 640/8 | €50 | €45 | -€5 | -9.9% |
| Gross operating margin | 9900 | €99,098 | €76,910 | -€22,188 | -22.4% |
| Operating profit (loss) | 9901 | €90,477 | €67,566 | -€22,911 | -25.3% |
| Financial charges | 65/66B | €1,014 | €30 | -€984 | -97.0% |
| Recurring financial charges | 65 | €1,014 | €30 | -€984 | -97.0% |
| Profit (loss) for the period before taxes | 9903 | €89,462 | €67,536 | -€21,926 | -24.5% |
| Income taxes | 67/77 | €18,000 | €13,703 | -€4,297 | -23.9% |
| Profit (loss) for the period | 9904 | €71,462 | €53,833 | -€17,629 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €71,462 | €53,833 | -€17,629 | -24.7% |
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 13 October 2026 via checked.be.