MAZIAN: 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.
MAZIAN
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Cash -€69,005
down €69,005 (-95.2%), from €72,500 to €3,495
mainly Contributions, distributions and other (-€173,000) and Receivables within one year (-€48,096)
- Receivables within one year +€48,096
up €48,096 (+181%), from €26,558 to €74,654
of which Other amounts receivable: +€30,385
- Tangible fixed assets -€9,362
down €9,362 (-46.3%), from €20,228 to €10,867
- Profit (loss) carried forward -€107,234
down €107,234 (-59.9%), from €179,031 to €71,797
- Tax, wage and social debts -€15,990
down €15,990 (-70.9%), from €22,555 to €6,564
- Debts after one year -€8,713
down €8,713 (-85.6%), from €10,176 to €1,463
- Financial income +€1,053
up €1,053 (+30.0%), from €3,513 to €4,566
- Gross operating margin -€1,023
down €1,023 (-1.1%), from €89,932 to €88,909
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 | €220,516 | €89,244 | -€131,272 | -59.5% |
| Fixed assets | 21/28 | €20,228 | €10,867 | -€9,362 | -46.3% |
| Tangible fixed assets | 22/27 | €20,228 | €10,867 | -€9,362 | -46.3% |
| Furniture and vehicles | 24 | €20,228 | €10,867 | -€9,362 | -46.3% |
| Current assets | 29/58 | €200,288 | €78,377 | -€121,911 | -60.9% |
| Amounts receivable within one year | 40/41 | €26,558 | €74,654 | +€48,096 | +181% |
| Trade receivables | 40 | €0 | €17,711 | +€17,711 | |
| Other amounts receivable | 41 | €26,558 | €56,943 | +€30,385 | +114% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €72,500 | €3,495 | -€69,005 | -95.2% |
| Deferred charges and accrued income | 490/1 | €1,230 | €228 | -€1,001 | -81.4% |
| Total equity and liabilities | 10/49 | €220,516 | €89,244 | -€131,272 | -59.5% |
| Equity | 10/15 | €179,131 | €71,897 | -€107,234 | -59.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €179,031 | €71,797 | -€107,234 | -59.9% |
| Amounts payable | 17/49 | €41,385 | €17,347 | -€24,038 | -58.1% |
| Amounts payable after more than one year | 17 | €10,176 | €1,463 | -€8,713 | -85.6% |
| Financial debts | 170/4 | €10,176 | €1,463 | -€8,713 | -85.6% |
| Amounts payable within one year | 42/48 | €31,209 | €15,884 | -€15,325 | -49.1% |
| Current portion of amounts payable after more than one year | 42 | €8,610 | €8,713 | +€103 | +1.2% |
| Financial debts | 43 | - | €0 | +€0 | |
| Credit institutions | 430/8 | - | €0 | +€0 | |
| Trade debts | 44 | €45 | €606 | +€562 | +1,259% |
| Suppliers | 440/4 | €45 | €606 | +€562 | +1,259% |
| Taxes, remuneration and social security | 45 | €22,555 | €6,564 | -€15,990 | -70.9% |
| Taxes | 450/3 | €22,555 | €6,564 | -€15,990 | -70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,362 | €9,362 | = | 0.0% |
| Other operating charges | 640/8 | €628 | €723 | +€95 | +15.1% |
| Gross operating margin | 9900 | €89,932 | €88,909 | -€1,023 | -1.1% |
| Operating profit (loss) | 9901 | €79,942 | €78,824 | -€1,118 | -1.4% |
| Financial income | 75/76B | €3,513 | €4,566 | +€1,053 | +30.0% |
| Recurring financial income | 75 | €3,513 | €4,566 | +€1,053 | +30.0% |
| Financial charges | 65/66B | €357 | €406 | +€49 | +13.6% |
| Recurring financial charges | 65 | €357 | €406 | +€49 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €83,099 | €82,985 | -€114 | -0.1% |
| Income taxes | 67/77 | €16,940 | €17,219 | +€279 | +1.6% |
| Profit (loss) for the period | 9904 | €66,158 | €65,766 | -€392 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,158 | €65,766 | -€392 | -0.6% |
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 30 October 2026 via checked.be.