Mazano: 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.
Mazano
Largest movements
- Cash +€23,297
up €23,297 (+4990.3%), from €467 to €23,763
mainly Investment in fixed assets (net) (+€12,000) and Deferred charges and accrued income (+€6,470)
- Tangible fixed assets -€12,315
down €12,315 (-97.6%), from €12,613 to €298
of which Furniture and vehicles: -€12,000
- Deferred charges and accrued income -€6,470
no longer reported in 2025 (was €6,470)
- Receivables within one year -€424
down €424 (-3.3%), from €12,774 to €12,350
of which Other amounts receivable: -€396
- Trade debts +€4,298
up €4,298 (+1435.0%), from €300 to €4,598
- Tax, wage and social debts -€3,034
down €3,034 (-33.4%), from €9,091 to €6,056
of which Remuneration and social security: -€2,925
- Profit (loss) carried forward +€2,824
up €2,824 (+13.5%), from €20,934 to €23,758
- Depreciation -€8,760
down €8,760 (-96.5%), from €9,075 to €315
- Gross operating margin -€3,721
down €3,721 (-11.2%), from €33,139 to €29,418
- Taxes +€1,192
new in 2025: €1,192
- Staff costs -€1,008
down €1,008 (-4.3%), from €23,479 to €22,472
- Other operating charges +€755
up €755 (+47.6%), from €1,586 to €2,341
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.
Cash bridge derived
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 | €32,324 | €36,411 | +€4,088 | +12.6% |
| Fixed assets | 21/28 | €12,613 | €298 | -€12,315 | -97.6% |
| Tangible fixed assets | 22/27 | €12,613 | €298 | -€12,315 | -97.6% |
| Plant, machinery and equipment | 23 | €613 | €298 | -€315 | -51.4% |
| Furniture and vehicles | 24 | €12,000 | - | -€12,000 | |
| Current assets | 29/58 | €19,711 | €36,114 | +€16,403 | +83.2% |
| Amounts receivable within one year | 40/41 | €12,774 | €12,350 | -€424 | -3.3% |
| Trade receivables | 40 | €938 | €911 | -€27 | -2.9% |
| Other amounts receivable | 41 | €11,835 | €11,439 | -€396 | -3.3% |
| Cash at bank and in hand | 54/58 | €467 | €23,763 | +€23,297 | +4990.3% |
| Deferred charges and accrued income | 490/1 | €6,470 | - | -€6,470 | |
| Total equity and liabilities | 10/49 | €32,324 | €36,411 | +€4,088 | +12.6% |
| Equity | 10/15 | €22,934 | €25,758 | +€2,824 | +12.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,934 | €23,758 | +€2,824 | +13.5% |
| Amounts payable | 17/49 | €9,390 | €10,654 | +€1,264 | +13.5% |
| Amounts payable within one year | 42/48 | €9,390 | €10,654 | +€1,264 | +13.5% |
| Trade debts | 44 | €300 | €4,598 | +€4,298 | +1435.0% |
| Suppliers | 440/4 | €300 | €4,598 | +€4,298 | +1435.0% |
| Taxes, remuneration and social security | 45 | €9,091 | €6,056 | -€3,034 | -33.4% |
| Taxes | 450/3 | €6,165 | €6,056 | -€109 | -1.8% |
| Remuneration and social security | 454/9 | €2,925 | - | -€2,925 | |
| Non-recurring operating income | 76A | - | €17,864 | +€17,864 | |
| Remuneration, social security and pensions | 62 | €23,479 | €22,472 | -€1,008 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,075 | €315 | -€8,760 | -96.5% |
| Other operating charges | 640/8 | €1,586 | €2,341 | +€755 | +47.6% |
| Gross operating margin | 9900 | €33,139 | €29,418 | -€3,721 | -11.2% |
| Operating profit (loss) | 9901 | -€1,002 | €4,290 | +€5,291 | |
| Financial income | 75/76B | €1 | €73 | +€72 | +9710.8% |
| Recurring financial income | 75 | €1 | €73 | +€72 | +9710.8% |
| Financial charges | 65/66B | €344 | €347 | +€2 | +0.7% |
| Recurring financial charges | 65 | €344 | €347 | +€2 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,345 | €4,016 | +€5,361 | |
| Income taxes | 67/77 | - | €1,192 | +€1,192 | |
| Profit (loss) for the period | 9904 | -€1,345 | €2,824 | +€4,169 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,345 | €2,824 | +€4,169 |
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 9 October 2026 via checked.be.