MAYUSE: 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.
MAYUSE
Largest movements
- Tangible fixed assets +€96,826
new in 2025: €96,826
- Cash -€5,337
down €5,337 (-67.8%), from €7,873 to €2,537
mainly Investment in fixed assets (net) (-€100,020) and Stocks and contracts (-€1,561)
- Stocks and contracts +€1,561
up €1,561 (+452%), from €346 to €1,906
- Other debts +€58,000
up €58,000 (+193%), from €30,076 to €88,076
- Debts after one year +€25,897
new in 2025: €25,897
- Profit (loss) carried forward +€7,162
up €7,162 (+16.0%), from -€44,881 to -€37,718
- Tax, wage and social debts +€1,799
up €1,799 (+60.0%), from €2,998 to €4,797
of which Taxes: +€1,228
- Depreciation +€3,193
new in 2025: €3,193
- Staff costs +€1,145
up €1,145 (+10.5%), from €10,956 to €12,101
- Gross operating margin -€1,102
down €1,102 (-4.3%), from €25,537 to €24,435
- Financial charges +€910
up €910 (+85.2%), from €1,068 to €1,978
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 | €9,183 | €102,289 | +€93,106 | +1,014% |
| Fixed assets | 21/28 | €189 | €97,016 | +€96,826 | +51,142% |
| Tangible fixed assets | 22/27 | - | €96,826 | +€96,826 | |
| Other tangible fixed assets | 26 | - | €96,826 | +€96,826 | |
| Financial fixed assets | 28 | €189 | €189 | = | 0.0% |
| Current assets | 29/58 | €8,994 | €5,273 | -€3,721 | -41.4% |
| Stocks and contracts in progress | 3 | €346 | €1,906 | +€1,561 | +452% |
| Stocks | 30/36 | €346 | €1,906 | +€1,561 | +452% |
| Amounts receivable within one year | 40/41 | €623 | €407 | -€216 | -34.7% |
| Other amounts receivable | 41 | €623 | €407 | -€216 | -34.7% |
| Cash at bank and in hand | 54/58 | €7,873 | €2,537 | -€5,337 | -67.8% |
| Deferred charges and accrued income | 490/1 | €152 | €423 | +€271 | +178% |
| Total equity and liabilities | 10/49 | €9,183 | €102,289 | +€93,106 | +1,014% |
| Equity | 10/15 | -€26,281 | -€19,118 | +€7,162 | +27.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,881 | -€37,718 | +€7,162 | +16.0% |
| Amounts payable | 17/49 | €35,464 | €121,407 | +€85,943 | +242% |
| Amounts payable after more than one year | 17 | - | €25,897 | +€25,897 | |
| Financial debts | 170/4 | - | €25,897 | +€25,897 | |
| Amounts payable within one year | 42/48 | €35,464 | €95,510 | +€60,047 | +169% |
| Trade debts | 44 | €2,390 | €2,638 | +€248 | +10.4% |
| Suppliers | 440/4 | €2,390 | €2,638 | +€248 | +10.4% |
| Taxes, remuneration and social security | 45 | €2,998 | €4,797 | +€1,799 | +60.0% |
| Taxes | 450/3 | €1,649 | €2,877 | +€1,228 | +74.5% |
| Remuneration and social security | 454/9 | €1,349 | €1,920 | +€571 | +42.3% |
| Other amounts payable | 47/48 | €30,076 | €88,076 | +€58,000 | +193% |
| Remuneration, social security and pensions | 62 | €10,956 | €12,101 | +€1,145 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,193 | +€3,193 | |
| Gross operating margin | 9900 | €25,537 | €24,435 | -€1,102 | -4.3% |
| Operating profit (loss) | 9901 | €14,581 | €9,140 | -€5,441 | -37.3% |
| Financial charges | 65/66B | €1,068 | €1,978 | +€910 | +85.2% |
| Recurring financial charges | 65 | €1,068 | €1,978 | +€910 | +85.2% |
| Profit (loss) for the period before taxes | 9903 | €13,513 | €7,162 | -€6,351 | -47.0% |
| Profit (loss) for the period | 9904 | €13,513 | €7,162 | -€6,351 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,513 | €7,162 | -€6,351 | -47.0% |
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 20 October 2026 via checked.be.