MAZUIN FOSSES: 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.
What changed
MAZUIN FOSSES
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €924,061+€251,911
Equity
€12.1m
2024 · €10.9m+€1.2m
Cash
€172,632
2024 · €63,830+€108,803
Balance sheet total
€23.4m
2024 · €25.0m-€1.6m
Largest movements
Assets
- Tangible fixed assets -€1.2m
down €1.2m (-7.9%), from €15.3m to €14.1m
of which Land and buildings: -€1.2m
- Receivables within one year -€501,543
down €501,543 (-21.3%), from €2.4m to €1.9m
of which Other amounts receivable: -€584,976
Equity and liabilities
- Other debts -€1.7m
down €1.7m (-65.2%), from €2.6m to €897,975
- Debts after one year -€1.3m
down €1.3m (-14.7%), from €8.7m to €7.4m
- Reserves +€710,174
up €710,174 (+232%), from €305,928 to €1.0m
of which Tax-exempt reserves: +€685,658
- Profit (loss) carried forward +€465,798
up €465,798 (+12.9%), from €3.6m to €4.1m
Income statement
- Other operating income -€460,874
down €460,874 (-6.3%), from €7.3m to €6.8m
- Staff costs +€158,420
up €158,420 (+6.7%), from €2.4m to €2.5m
- Taxes -€129,194
down €129,194 (-37.5%), from €344,625 to €215,432
- Other operating charges -€80,030
down €80,030 (-7.9%), from €1.0m to €935,540
- Depreciation -€59,399
down €59,399 (-4.8%), from €1.2m to €1.2m
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.
Result 2024
€924,061
Turnover
-€51,653
Other operating income
-€460,874
Services and other goods
-€43,870
Staff costs
-€158,420
Depreciation
+€59,399
Other operating charges
+€80,030
Other operating items
+€915,379
Financial income
+€23
Financial charges
+€12,079
Taxes
+€129,194
Deferred taxes and other
-€229,375
Result 2025
€1.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.5m
Investment
+€17,072
Financing
-€1.4m
Cash 2024
€63,830
From operations (derived)
+€1.5m
Net result for the year
+€1.2m
Depreciation
+€1.2m
Receivables within one year
+€501,543
Deferred charges and accrued income
-€7,374
Provisions
+€228,105
Trade debts
+€190,052
Tax, wage and social debts
-€125,102
Other debts
-€1.7m
Accrued charges and deferred income
+€1,483
Investment (derived)
+€17,072
Investment in fixed assets (net)
+€17,072
Financing
-€1.4m
Debts after one year
-€1.3m
Current portion of long-term debt
-€102,120
Short-term financial debts
-€208
Cash 2025
€172,632
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,992,906 | €23,400,723 | -€1.6m | -6.4% |
| Fixed assets | 21/28 | €22,562,644 | €21,355,828 | -€1.2m | -5.3% |
| Intangible fixed assets | 21 | €17,988 | €12,844 | -€5,144 | -28.6% |
| Tangible fixed assets | 22/27 | €15,294,770 | €14,093,098 | -€1.2m | -7.9% |
| Land and buildings | 22 | €15,180,861 | €14,007,969 | -€1.2m | -7.7% |
| Plant, machinery and equipment | 23 | €1,761 | €29,040 | +€27,279 | +1,549% |
| Furniture and vehicles | 24 | €112,147 | €56,089 | -€56,058 | -50.0% |
| Financial fixed assets | 28 | €7,249,886 | €7,249,886 | = | 0.0% |
| Affiliated companies | 280/1 | €7,249,700 | €7,249,700 | = | 0.0% |
| Participating interests | 280 | €7,249,700 | €7,249,700 | = | 0.0% |
| Other financial fixed assets | 284/8 | €186 | €186 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €2,430,262 | €2,044,895 | -€385,367 | -15.9% |
| Amounts receivable within one year | 40/41 | €2,356,218 | €1,854,675 | -€501,543 | -21.3% |
| Trade receivables | 40 | €1,210,579 | €1,294,012 | +€83,433 | +6.9% |
| Other amounts receivable | 41 | €1,145,639 | €560,663 | -€584,976 | -51.1% |
| Cash at bank and in hand | 54/58 | €63,830 | €172,632 | +€108,803 | +170% |
| Deferred charges and accrued income | 490/1 | €10,214 | €17,587 | +€7,374 | +72.2% |
| Total equity and liabilities | 10/49 | €24,992,906 | €23,400,723 | -€1.6m | -6.4% |
| Equity | 10/15 | €10,930,682 | €12,106,654 | +€1.2m | +10.8% |
| Contributions | 10/11 | €7,000,101 | €7,000,101 | = | 0.0% |
| Capital | 10 | €7,000,000 | €7,000,000 | = | 0.0% |
| Issued capital | 100 | €7,000,000 | €7,000,000 | = | 0.0% |
| Contributions outside capital | 11 | €101 | €101 | = | 0.0% |
| Share premium | 1100/10 | €101 | €101 | = | 0.0% |
| Reserves | 13 | €305,928 | €1,016,102 | +€710,174 | +232% |
| Non-distributable reserves | 130/1 | €174,628 | €199,143 | +€24,516 | +14.0% |
| Legal reserve | 130 | €174,628 | €199,143 | +€24,516 | +14.0% |
| Tax-exempt reserves | 132 | €21,086 | €706,743 | +€685,658 | +3,252% |
| Distributable reserves | 133 | €110,215 | €110,215 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,624,653 | €4,090,451 | +€465,798 | +12.9% |
| Provisions and deferred taxes | 16 | €9,523 | €237,627 | +€228,105 | +2,395% |
| Deferred taxes | 168 | €9,523 | €237,627 | +€228,105 | +2,395% |
| Amounts payable | 17/49 | €14,052,701 | €11,056,441 | -€3.0m | -21.3% |
| Amounts payable after more than one year | 17 | €8,705,498 | €7,427,445 | -€1.3m | -14.7% |
| Financial debts | 170/4 | €8,705,498 | €7,427,445 | -€1.3m | -14.7% |
| Credit institutions | 173 | €8,705,498 | €7,427,445 | -€1.3m | -14.7% |
| Amounts payable within one year | 42/48 | €5,347,203 | €3,627,513 | -€1.7m | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €1,312,689 | €1,210,569 | -€102,120 | -7.8% |
| Financial debts | 43 | €75,863 | €75,655 | -€208 | -0.3% |
| Credit institutions | 430/8 | €75,863 | €75,655 | -€208 | -0.3% |
| Trade debts | 44 | €680,935 | €870,986 | +€190,052 | +27.9% |
| Suppliers | 440/4 | €680,935 | €870,986 | +€190,052 | +27.9% |
| Taxes, remuneration and social security | 45 | €697,430 | €572,328 | -€125,102 | -17.9% |
| Taxes | 450/3 | €305,078 | €210,091 | -€94,988 | -31.1% |
| Remuneration and social security | 454/9 | €392,351 | €362,237 | -€30,114 | -7.7% |
| Other amounts payable | 47/48 | €2,580,286 | €897,975 | -€1.7m | -65.2% |
| Accrued charges and deferred income | 492/3 | - | €1,483 | +€1,483 | |
| Operating income | 70/76A | €7,508,593 | €7,904,845 | +€396,252 | +5.3% |
| Turnover | 70 | €191,653 | €140,000 | -€51,653 | -27.0% |
| Other operating income | 74 | €7,278,326 | €6,817,453 | -€460,874 | -6.3% |
| Non-recurring operating income | 76A | €38,614 | €947,393 | +€908,779 | +2,354% |
| Operating charges | 60/66A | €6,031,479 | €6,087,741 | +€56,262 | +0.9% |
| Services and other goods | 61 | €1,400,893 | €1,444,763 | +€43,870 | +3.1% |
| Remuneration, social security and pensions | 62 | €2,359,274 | €2,517,695 | +€158,420 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,249,143 | €1,189,744 | -€59,399 | -4.8% |
| Other operating charges | 640/8 | €1,015,570 | €935,540 | -€80,030 | -7.9% |
| Non-recurring operating charges | 66A | €6,600 | - | -€6,600 | |
| Operating profit (loss) | 9901 | €1,477,114 | €1,817,104 | +€339,990 | +23.0% |
| Financial income | 75/76B | €0 | €23 | +€23 | +115,350% |
| Recurring financial income | 75 | €0 | €23 | +€23 | +115,350% |
| Other financial income | 752/9 | €0 | €23 | +€23 | +115,350% |
| Financial charges | 65/66B | €209,698 | €197,619 | -€12,079 | -5.8% |
| Recurring financial charges | 65 | €209,698 | €197,619 | -€12,079 | -5.8% |
| Debt charges | 650 | €202,988 | €187,637 | -€15,350 | -7.6% |
| Other financial charges | 652/9 | €6,710 | €9,981 | +€3,271 | +48.8% |
| Profit (loss) for the period before taxes | 9903 | €1,267,416 | €1,619,508 | +€352,092 | +27.8% |
| Transfer from deferred taxes | 780 | €1,270 | €1,270 | = | 0.0% |
| Transfer to deferred taxes | 680 | - | €229,375 | +€229,375 | |
| Income taxes | 67/77 | €344,625 | €215,432 | -€129,194 | -37.5% |
| Taxes | 670/3 | €344,625 | €215,432 | -€129,194 | -37.5% |
| Profit (loss) for the period | 9904 | €924,061 | €1,175,972 | +€251,911 | +27.3% |
| Transfer from tax-exempt reserves | 789 | €2,467 | €2,467 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | - | €688,125 | +€688,125 | |
| Profit (loss) for the period to be appropriated | 9905 | €926,528 | €490,314 | -€436,214 | -47.1% |
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 28 October 2026 via checked.be.