MFA Productions: 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.
MFA Productions
Largest movements
- Cash -€4,135
down €4,135 (-23.5%), from €17,586 to €13,451
mainly Net result for the year (-€17,076) and Receivables within one year (-€3,132)
- Receivables within one year +€3,132
up €3,132 (+20.5%), from €15,295 to €18,427
of which Trade receivables: +€3,115
- Trade debts +€17,098
up €17,098 (+186.2%), from €9,184 to €26,282
- Profit (loss) carried forward -€17,076
new in 2025: -€17,076
- Other debts -€844
down €844 (-6.8%), from €12,451 to €11,607
- Tax, wage and social debts -€777
down €777 (-13.9%), from €5,587 to €4,810
- Write-downs +€25,609
new in 2025: €25,609
- Gross operating margin +€3,397
up €3,397 (+51.8%), from €6,565 to €9,962
- Taxes -€1,443
down €1,443 (-91.6%), from €1,575 to €132
- Other operating charges -€734
down €734 (-49.3%), from €1,489 to €755
- Financial charges +€337
up €337 (+2351.3%), from €14 to €352
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 | €35,354 | €33,755 | -€1,599 | -4.5% |
| Fixed assets | 21/28 | €724 | €441 | -€282 | -39.0% |
| Tangible fixed assets | 22/27 | €724 | €441 | -€282 | -39.0% |
| Plant, machinery and equipment | 23 | €724 | €441 | -€282 | -39.0% |
| Current assets | 29/58 | €34,630 | €33,314 | -€1,317 | -3.8% |
| Amounts receivable within one year | 40/41 | €15,295 | €18,427 | +€3,132 | +20.5% |
| Trade receivables | 40 | €15,286 | €18,401 | +€3,115 | +20.4% |
| Other amounts receivable | 41 | €9 | €26 | +€17 | +186.0% |
| Cash at bank and in hand | 54/58 | €17,586 | €13,451 | -€4,135 | -23.5% |
| Deferred charges and accrued income | 490/1 | €1,750 | €1,436 | -€314 | -17.9% |
| Total equity and liabilities | 10/49 | €35,354 | €33,755 | -€1,599 | -4.5% |
| Equity | 10/15 | €5,382 | -€11,694 | -€17,076 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €3,382 | €3,382 | = | 0.0% |
| Distributable reserves | 133 | €3,382 | €3,382 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€17,076 | -€17,076 | |
| Amounts payable | 17/49 | €29,972 | €45,449 | +€15,477 | +51.6% |
| Amounts payable within one year | 42/48 | €29,972 | €45,449 | +€15,477 | +51.6% |
| Trade debts | 44 | €9,184 | €26,282 | +€17,098 | +186.2% |
| Suppliers | 440/4 | €9,184 | €26,282 | +€17,098 | +186.2% |
| Advances received on contracts in progress | 46 | €2,750 | €2,750 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,587 | €4,810 | -€777 | -13.9% |
| Taxes | 450/3 | €5,587 | €4,810 | -€777 | -13.9% |
| Other amounts payable | 47/48 | €12,451 | €11,607 | -€844 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123 | €282 | +€159 | +128.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €25,609 | +€25,609 | |
| Other operating charges | 640/8 | €1,489 | €755 | -€734 | -49.3% |
| Gross operating margin | 9900 | €6,565 | €9,962 | +€3,397 | +51.8% |
| Operating profit (loss) | 9901 | €4,952 | -€16,684 | -€21,636 | |
| Financial income | 75/76B | €19 | €92 | +€73 | +389.5% |
| Recurring financial income | 75 | €19 | €92 | +€73 | +389.5% |
| Financial charges | 65/66B | €14 | €352 | +€337 | +2351.3% |
| Recurring financial charges | 65 | €14 | €352 | +€337 | +2351.3% |
| Profit (loss) for the period before taxes | 9903 | €4,957 | -€16,944 | -€21,900 | |
| Income taxes | 67/77 | €1,575 | €132 | -€1,443 | -91.6% |
| Profit (loss) for the period | 9904 | €3,382 | -€17,076 | -€20,458 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,382 | -€17,076 | -€20,458 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.