Mucho Mas: 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.
Mucho Mas
Largest movements
- Tangible fixed assets -€31,815
down €31,815 (-91.1%), from €34,918 to €3,104
of which Land and buildings: -€30,739
- Cash +€8,459
up €8,459 (+490%), from €1,726 to €10,185
mainly Investment in fixed assets (net) (+€30,739) and Net result for the year (+€30,572)
- Receivables within one year -€3,010
down €3,010 (-27.6%), from €10,890 to €7,880
of which Trade receivables: -€9,000
- Short-term financial debts -€15,000
down €15,000 (-100%), from €15,000 to €0
- Current portion of long-term debt -€10,151
down €10,151 (-75.1%), from €13,513 to €3,362
- Accrued charges and deferred income +€6,001
up €6,001, from €0 to €6,001
- Tax, wage and social debts -€4,631
down €4,631 (-75.3%), from €6,151 to €1,519
- Other debts -€4,358
down €4,358 (-3.9%), from €111,963 to €107,605
- Gross operating margin -€211,746
down €211,746 (-83.4%), from €254,006 to €42,260
- Taxes -€61,051
down €61,051 (-99.1%), from €61,593 to €541
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 | €199,000 | €172,217 | -€26,783 | -13.5% |
| Fixed assets | 21/28 | €184,918 | €153,104 | -€31,815 | -17.2% |
| Tangible fixed assets | 22/27 | €34,918 | €3,104 | -€31,815 | -91.1% |
| Land and buildings | 22 | €30,739 | €0 | -€30,739 | -100% |
| Plant, machinery and equipment | 23 | €1,725 | €1,211 | -€514 | -29.8% |
| Furniture and vehicles | 24 | €2,454 | €1,893 | -€562 | -22.9% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €14,082 | €19,113 | +€5,031 | +35.7% |
| Amounts receivable within one year | 40/41 | €10,890 | €7,880 | -€3,010 | -27.6% |
| Trade receivables | 40 | €9,000 | €0 | -€9,000 | -100% |
| Other amounts receivable | 41 | €1,890 | €7,880 | +€5,990 | +317% |
| Cash at bank and in hand | 54/58 | €1,726 | €10,185 | +€8,459 | +490% |
| Deferred charges and accrued income | 490/1 | €1,466 | €1,048 | -€418 | -28.5% |
| Total equity and liabilities | 10/49 | €199,000 | €172,217 | -€26,783 | -13.5% |
| Equity | 10/15 | €51,276 | €51,276 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,676 | €32,676 | = | 0.0% |
| Distributable reserves | 133 | €32,676 | €32,676 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €147,724 | €120,941 | -€26,783 | -18.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €147,724 | €114,939 | -€32,785 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | €13,513 | €3,362 | -€10,151 | -75.1% |
| Financial debts | 43 | €15,000 | €0 | -€15,000 | -100% |
| Credit institutions | 430/8 | €15,000 | €0 | -€15,000 | -100% |
| Trade debts | 44 | €1,097 | €2,452 | +€1,355 | +123% |
| Suppliers | 440/4 | €1,097 | €2,452 | +€1,355 | +123% |
| Taxes, remuneration and social security | 45 | €6,151 | €1,519 | -€4,631 | -75.3% |
| Taxes | 450/3 | €6,151 | €1,519 | -€4,631 | -75.3% |
| Other amounts payable | 47/48 | €111,963 | €107,605 | -€4,358 | -3.9% |
| Accrued charges and deferred income | 492/3 | €0 | €6,001 | +€6,001 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,835 | €1,076 | -€759 | -41.3% |
| Other operating charges | 640/8 | €1,368 | €3,381 | +€2,013 | +147% |
| Gross operating margin | 9900 | €254,006 | €42,260 | -€211,746 | -83.4% |
| Operating profit (loss) | 9901 | €250,803 | €37,803 | -€213,001 | -84.9% |
| Financial income | 75/76B | €664 | €18 | -€646 | -97.3% |
| Recurring financial income | 75 | €664 | €18 | -€646 | -97.3% |
| Financial charges | 65/66B | €7,198 | €6,707 | -€491 | -6.8% |
| Recurring financial charges | 65 | €7,198 | €6,707 | -€491 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €244,269 | €31,113 | -€213,156 | -87.3% |
| Income taxes | 67/77 | €61,593 | €541 | -€61,051 | -99.1% |
| Profit (loss) for the period | 9904 | €182,676 | €30,572 | -€152,104 | -83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €182,676 | €30,572 | -€152,104 | -83.3% |
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 17 October 2026 via checked.be.