MAZOUT C: 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.
MAZOUT C
Largest movements
- Receivables within one year -€16,974
down €16,974 (-21.8%), from €78,000 to €61,027
of which Other amounts receivable: -€35,781
- Tangible fixed assets -€5,870
down €5,870 (-75.0%), from €7,826 to €1,956
of which Furniture and vehicles: -€7,826
- Profit (loss) carried forward -€29,758
down €29,758 (-43.8%), from -€67,921 to -€97,679
- Trade debts +€10,394
up €10,394 (+251.3%), from €4,136 to €14,530
- Current portion of long-term debt -€5,630
no longer reported in 2025 (was €5,630)
- Tax, wage and social debts +€1,683
up €1,683 (+50.2%), from €3,354 to €5,037
- Gross operating margin +€28,876
up €28,876 (+58.1%), from -€49,672 to -€20,795
- Depreciation -€5,394
down €5,394 (-74.0%), from €7,291 to €1,898
- Financial income -€3,717
down €3,717 (-63.9%), from €5,821 to €2,104
- Financial charges -€1,165
down €1,165 (-21.7%), from €5,381 to €4,216
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 | €91,531 | €68,221 | -€23,310 | -25.5% |
| Fixed assets | 21/28 | €7,826 | €1,956 | -€5,870 | -75.0% |
| Tangible fixed assets | 22/27 | €7,826 | €1,956 | -€5,870 | -75.0% |
| Plant, machinery and equipment | 23 | - | €1,956 | +€1,956 | |
| Furniture and vehicles | 24 | €7,826 | - | -€7,826 | |
| Current assets | 29/58 | €83,705 | €66,265 | -€17,440 | -20.8% |
| Amounts receivable within one year | 40/41 | €78,000 | €61,027 | -€16,974 | -21.8% |
| Trade receivables | 40 | - | €18,807 | +€18,807 | |
| Other amounts receivable | 41 | €78,000 | €42,219 | -€35,781 | -45.9% |
| Cash at bank and in hand | 54/58 | €229 | €313 | +€84 | +36.7% |
| Deferred charges and accrued income | 490/1 | €5,475 | €4,925 | -€550 | -10.0% |
| Total equity and liabilities | 10/49 | €91,531 | €68,221 | -€23,310 | -25.5% |
| Equity | 10/15 | €78,411 | €48,653 | -€29,758 | -38.0% |
| Contributions | 10/11 | €18,633 | €18,633 | = | 0.0% |
| Reserves | 13 | €127,700 | €127,700 | = | 0.0% |
| Distributable reserves | 133 | €127,700 | €127,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,921 | -€97,679 | -€29,758 | -43.8% |
| Amounts payable | 17/49 | €13,120 | €19,568 | +€6,448 | +49.1% |
| Amounts payable within one year | 42/48 | €13,120 | €19,568 | +€6,448 | +49.1% |
| Current portion of amounts payable after more than one year | 42 | €5,630 | - | -€5,630 | |
| Trade debts | 44 | €4,136 | €14,530 | +€10,394 | +251.3% |
| Suppliers | 440/4 | €4,136 | €14,530 | +€10,394 | +251.3% |
| Taxes, remuneration and social security | 45 | €3,354 | €5,037 | +€1,683 | +50.2% |
| Taxes | 450/3 | €3,354 | €5,037 | +€1,683 | +50.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,291 | €1,898 | -€5,394 | -74.0% |
| Other operating charges | 640/8 | €2,410 | €2,540 | +€130 | +5.4% |
| Gross operating margin | 9900 | -€49,672 | -€20,795 | +€28,876 | +58.1% |
| Operating profit (loss) | 9901 | -€59,373 | -€25,233 | +€34,140 | +57.5% |
| Financial income | 75/76B | €5,821 | €2,104 | -€3,717 | -63.9% |
| Recurring financial income | 75 | €5,821 | €2,104 | -€3,717 | -63.9% |
| Financial charges | 65/66B | €5,381 | €4,216 | -€1,165 | -21.7% |
| Recurring financial charges | 65 | €5,381 | €4,216 | -€1,165 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | -€58,934 | -€27,346 | +€31,588 | +53.6% |
| Income taxes | 67/77 | €2,625 | €2,413 | -€212 | -8.1% |
| Profit (loss) for the period | 9904 | -€61,559 | -€29,758 | +€31,801 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,559 | -€29,758 | +€31,801 | +51.7% |
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 10 October 2026 via checked.be.