Mayway Records: 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.
Mayway Records
Largest movements
- Cash -€85,038
down €85,038 (-94.3%), from €90,144 to €5,106
mainly Investment in fixed assets (net) (-€45,602) and Stocks and contracts (-€33,049)
- Tangible fixed assets +€43,297
up €43,297 (+714%), from €6,067 to €49,364
of which Furniture and vehicles: +€43,783
- Stocks and contracts +€33,049
up €33,049 (+60.2%), from €54,934 to €87,982
- Receivables within one year +€20,299
up €20,299 (+13.7%), from €147,824 to €168,124
- Deferred charges and accrued income +€11,649
up €11,649 (+407%), from €2,863 to €14,513
- Other debts +€42,782
up €42,782 (+38.1%), from €112,308 to €155,090
- Trade debts -€21,037
down €21,037 (-35.5%), from €59,281 to €38,244
of which Suppliers: -€20,126
- Tax, wage and social debts -€20,242
down €20,242 (-55.7%), from €36,339 to €16,097
of which Taxes: -€15,494
- Debts after one year +€18,888
new in 2025: €18,888
- Current portion of long-term debt +€4,348
new in 2025: €4,348
- Gross operating margin -€23,664
down €23,664 (-22.8%), from €103,770 to €80,107
- Taxes -€10,031
down €10,031 (-100%), from €10,031 to €0
- Other operating charges +€9,441
up €9,441 (+1,862%), from €507 to €9,948
- Staff costs -€7,633
down €7,633 (-10.4%), from €73,238 to €65,605
- Depreciation +€1,051
up €1,051 (+56.7%), from €1,855 to €2,907
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 | €303,632 | €326,287 | +€22,654 | +7.5% |
| Fixed assets | 21/28 | €7,867 | €50,562 | +€42,695 | +543% |
| Intangible fixed assets | 21 | €1,800 | €1,198 | -€602 | -33.4% |
| Tangible fixed assets | 22/27 | €6,067 | €49,364 | +€43,297 | +714% |
| Furniture and vehicles | 24 | €5,581 | €49,364 | +€43,783 | +785% |
| Other tangible fixed assets | 26 | €486 | €0 | -€486 | -100% |
| Current assets | 29/58 | €295,765 | €275,725 | -€20,041 | -6.8% |
| Stocks and contracts in progress | 3 | €54,934 | €87,982 | +€33,049 | +60.2% |
| Stocks | 30/36 | €54,934 | €87,982 | +€33,049 | +60.2% |
| Amounts receivable within one year | 40/41 | €147,824 | €168,124 | +€20,299 | +13.7% |
| Trade receivables | 40 | €147,824 | €168,124 | +€20,299 | +13.7% |
| Cash at bank and in hand | 54/58 | €90,144 | €5,106 | -€85,038 | -94.3% |
| Deferred charges and accrued income | 490/1 | €2,863 | €14,513 | +€11,649 | +407% |
| Total equity and liabilities | 10/49 | €303,632 | €326,287 | +€22,654 | +7.5% |
| Equity | 10/15 | €92,788 | €93,438 | +€650 | +0.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €87,788 | €87,788 | = | 0.0% |
| Distributable reserves | 133 | €87,788 | €87,788 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €650 | +€650 | |
| Amounts payable | 17/49 | €210,845 | €232,849 | +€22,004 | +10.4% |
| Amounts payable after more than one year | 17 | - | €18,888 | +€18,888 | |
| Financial debts | 170/4 | - | €18,888 | +€18,888 | |
| Amounts payable within one year | 42/48 | €210,845 | €213,779 | +€2,934 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,348 | +€4,348 | |
| Trade debts | 44 | €59,281 | €38,244 | -€21,037 | -35.5% |
| Suppliers | 440/4 | €58,370 | €38,244 | -€20,126 | -34.5% |
| Bills of exchange payable | 441 | €911 | - | -€911 | |
| Advances received on contracts in progress | 46 | €2,917 | €0 | -€2,917 | -100% |
| Taxes, remuneration and social security | 45 | €36,339 | €16,097 | -€20,242 | -55.7% |
| Taxes | 450/3 | €17,496 | €2,002 | -€15,494 | -88.6% |
| Remuneration and social security | 454/9 | €18,843 | €14,096 | -€4,748 | -25.2% |
| Other amounts payable | 47/48 | €112,308 | €155,090 | +€42,782 | +38.1% |
| Accrued charges and deferred income | 492/3 | €0 | €183 | +€183 | |
| Remuneration, social security and pensions | 62 | €73,238 | €65,605 | -€7,633 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,855 | €2,907 | +€1,051 | +56.7% |
| Other operating charges | 640/8 | €507 | €9,948 | +€9,441 | +1,862% |
| Non-recurring operating charges | 66A | €691 | €387 | -€304 | -44.0% |
| Gross operating margin | 9900 | €103,770 | €80,107 | -€23,664 | -22.8% |
| Operating profit (loss) | 9901 | €27,479 | €1,259 | -€26,219 | -95.4% |
| Financial income | 75/76B | €726 | €7 | -€719 | -99.1% |
| Recurring financial income | 75 | €726 | €7 | -€719 | -99.1% |
| Financial charges | 65/66B | €337 | €616 | +€279 | +83.0% |
| Recurring financial charges | 65 | €337 | €616 | +€279 | +83.0% |
| Profit (loss) for the period before taxes | 9903 | €27,868 | €650 | -€27,218 | -97.7% |
| Income taxes | 67/77 | €10,031 | €0 | -€10,031 | -100% |
| Profit (loss) for the period | 9904 | €17,836 | €650 | -€17,186 | -96.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,836 | €650 | -€17,186 | -96.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.