Mazoutechnic: what changed
Two fiscal 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.
Mazoutechnic
Largest movements
- Tangible fixed assets +€125,920
up €125,920 (+75.7%), from €166,246 to €292,167
of which Furniture and vehicles: +€127,238
- Receivables within one year -€63,908
down €63,908 (-8.6%), from €740,351 to €676,443
of which Trade receivables: -€86,651
- Cash -€38,051
down €38,051 (-5.4%), from €703,023 to €664,972
mainly Other debts (-€174,344) and Investment in fixed assets (net) (-€152,142)
- Stocks and contracts -€32,652
down €32,652 (-28.9%), from €112,814 to €80,162
- Other debts -€174,344
down €174,344 (-89.7%), from €194,312 to €19,968
- Reserves +€120,267
up €120,267 (+16.8%), from €713,761 to €834,028
of which Distributable reserves: +€120,267
- Trade debts +€44,775
up €44,775 (+37.8%), from €118,512 to €163,286
- Tax, wage and social debts +€30,651
up €30,651 (+23.2%), from €132,301 to €162,951
of which Remuneration and social security: +€32,550
- Gross operating margin -€56,258
down €56,258 (-3.9%), from €1.4m to €1.4m
- Taxes -€22,040
down €22,040 (-25.5%), from €86,589 to €64,548
- Depreciation -€19,847
down €19,847 (-43.1%), from €46,069 to €26,221
- Other operating charges +€19,803
up €19,803 (+71.0%), from €27,886 to €47,689
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,841,831 | €1,833,231 | -€8,600 | -0.5% |
| Fixed assets | 21/28 | €166,827 | €292,748 | +€125,920 | +75.5% |
| Tangible fixed assets | 22/27 | €166,246 | €292,167 | +€125,920 | +75.7% |
| Plant, machinery and equipment | 23 | €28,303 | €26,985 | -€1,318 | -4.7% |
| Furniture and vehicles | 24 | €137,944 | €265,182 | +€127,238 | +92.2% |
| Financial fixed assets | 28 | €581 | €581 | = | 0.0% |
| Current assets | 29/58 | €1,675,004 | €1,540,484 | -€134,520 | -8.0% |
| Amounts receivable after more than one year | 29 | €84,406 | €80,072 | -€4,334 | -5.1% |
| Other amounts receivable | 291 | €84,406 | €80,072 | -€4,334 | -5.1% |
| Stocks and contracts in progress | 3 | €112,814 | €80,162 | -€32,652 | -28.9% |
| Stocks | 30/36 | €112,814 | €80,162 | -€32,652 | -28.9% |
| Amounts receivable within one year | 40/41 | €740,351 | €676,443 | -€63,908 | -8.6% |
| Trade receivables | 40 | €714,994 | €628,343 | -€86,651 | -12.1% |
| Other amounts receivable | 41 | €25,357 | €48,100 | +€22,743 | +89.7% |
| Cash at bank and in hand | 54/58 | €703,023 | €664,972 | -€38,051 | -5.4% |
| Deferred charges and accrued income | 490/1 | €34,410 | €38,834 | +€4,424 | +12.9% |
| Total equity and liabilities | 10/49 | €1,841,831 | €1,833,231 | -€8,600 | -0.5% |
| Equity | 10/15 | €1,135,761 | €1,256,028 | +€120,267 | +10.6% |
| Contributions | 10/11 | €422,000 | €422,000 | = | 0.0% |
| Capital | 10 | €422,000 | €422,000 | = | 0.0% |
| Issued capital | 100 | €422,000 | €422,000 | = | 0.0% |
| Reserves | 13 | €713,761 | €834,028 | +€120,267 | +16.8% |
| Non-distributable reserves | 130/1 | €42,200 | €42,200 | = | 0.0% |
| Legal reserve | 130 | €42,200 | €42,200 | = | 0.0% |
| Distributable reserves | 133 | €671,561 | €791,828 | +€120,267 | +17.9% |
| Amounts payable | 17/49 | €706,070 | €577,203 | -€128,867 | -18.3% |
| Amounts payable within one year | 42/48 | €470,519 | €356,205 | -€114,313 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €15,395 | - | -€15,395 | |
| Financial debts | 43 | €10,000 | €10,000 | = | 0.0% |
| Credit institutions | 430/8 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €118,512 | €163,286 | +€44,775 | +37.8% |
| Suppliers | 440/4 | €118,512 | €163,286 | +€44,775 | +37.8% |
| Taxes, remuneration and social security | 45 | €132,301 | €162,951 | +€30,651 | +23.2% |
| Taxes | 450/3 | €23,485 | €21,586 | -€1,899 | -8.1% |
| Remuneration and social security | 454/9 | €108,816 | €141,365 | +€32,550 | +29.9% |
| Other amounts payable | 47/48 | €194,312 | €19,968 | -€174,344 | -89.7% |
| Accrued charges and deferred income | 492/3 | €235,551 | €220,997 | -€14,554 | -6.2% |
| Remuneration, social security and pensions | 62 | €1,099,645 | €1,109,220 | +€9,575 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,069 | €26,221 | -€19,847 | -43.1% |
| Other operating charges | 640/8 | €27,886 | €47,689 | +€19,803 | +71.0% |
| Non-recurring operating charges | 66A | - | €7,906 | +€7,906 | |
| Gross operating margin | 9900 | €1,428,438 | €1,372,180 | -€56,258 | -3.9% |
| Operating profit (loss) | 9901 | €254,838 | €181,143 | -€73,694 | -28.9% |
| Financial income | 75/76B | €1,837 | €6,302 | +€4,465 | +243.0% |
| Recurring financial income | 75 | €1,837 | €6,302 | +€4,465 | +243.0% |
| Financial charges | 65/66B | €2,686 | €2,630 | -€56 | -2.1% |
| Recurring financial charges | 65 | €2,686 | €2,630 | -€56 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €253,989 | €184,816 | -€69,174 | -27.2% |
| Income taxes | 67/77 | €86,589 | €64,548 | -€22,040 | -25.5% |
| Profit (loss) for the period | 9904 | €167,400 | €120,267 | -€47,133 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €167,400 | €120,267 | -€47,133 | -28.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.