NADA MAYSSAE: what changed
NADA MAYSSAE
Largest movements
- Cash +€39,456
up €39,456 (+70.1%), from €56,263 to €95,719
mainly Other debts (+€119,364) and Depreciation (+€23,372)
- Tangible fixed assets -€23,372
down €23,372 (-31.2%), from €74,974 to €51,602
of which Furniture and vehicles: -€17,610
- Receivables within one year -€13,543
down €13,543 (-62.8%), from €21,559 to €8,017
of which Trade receivables: -€8,405
- Receivables after one year +€5,754
up €5,754 (+3.6%), from €158,100 to €163,854
of which Other amounts receivable: +€163,854
- Stocks and contracts +€5,000
up €5,000 (+33.3%), from €15,000 to €20,000
- Other debts +€119,364
up €119,364 (+13,472%), from €886 to €120,250
- Reserves -€104,500
down €104,500 (-60.5%), from €172,860 to €68,360
- Trade debts -€19,919
down €19,919 (-40.8%), from €48,808 to €28,889
- Tax, wage and social debts +€18,033
up €18,033 (+28.2%), from €63,950 to €81,982
of which Remuneration and social security: +€11,388
- Staff costs +€34,317
up €34,317 (+16.8%), from €204,511 to €238,828
- Gross operating margin +€22,461
up €22,461 (+7.9%), from €283,432 to €305,892
- Other operating charges -€13,626
down €13,626 (-94.1%), from €14,476 to €850
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €328,181 | €340,802 | +€12,621 | +3.8% |
| Fixed assets | 21/28 | €74,974 | €51,602 | -€23,372 | -31.2% |
| Tangible fixed assets | 22/27 | €74,974 | €51,602 | -€23,372 | -31.2% |
| Plant, machinery and equipment | 23 | €7,182 | €2,286 | -€4,895 | -68.2% |
| Furniture and vehicles | 24 | €66,925 | €49,316 | -€17,610 | -26.3% |
| Other tangible fixed assets | 26 | €867 | €0 | -€867 | -100% |
| Current assets | 29/58 | €253,207 | €289,200 | +€35,993 | +14.2% |
| Amounts receivable after more than one year | 29 | €158,100 | €163,854 | +€5,754 | +3.6% |
| Trade receivables | 290 | €158,100 | - | -€158,100 | |
| Other amounts receivable | 291 | - | €163,854 | +€163,854 | |
| Stocks and contracts in progress | 3 | €15,000 | €20,000 | +€5,000 | +33.3% |
| Stocks | 30/36 | €15,000 | €20,000 | +€5,000 | +33.3% |
| Amounts receivable within one year | 40/41 | €21,559 | €8,017 | -€13,543 | -62.8% |
| Trade receivables | 40 | €10,455 | €2,050 | -€8,405 | -80.4% |
| Other amounts receivable | 41 | €11,104 | €5,967 | -€5,138 | -46.3% |
| Cash at bank and in hand | 54/58 | €56,263 | €95,719 | +€39,456 | +70.1% |
| Deferred charges and accrued income | 490/1 | €2,285 | €1,610 | -€675 | -29.5% |
| Total equity and liabilities | 10/49 | €328,181 | €340,802 | +€12,621 | +3.8% |
| Equity | 10/15 | €205,897 | €103,680 | -€102,217 | -49.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €172,860 | €68,360 | -€104,500 | -60.5% |
| Distributable reserves | 133 | €172,860 | €68,360 | -€104,500 | -60.5% |
| Profit (loss) carried forward | 14 | €14,437 | €16,720 | +€2,283 | +15.8% |
| Amounts payable | 17/49 | €122,284 | €237,121 | +€114,838 | +93.9% |
| Amounts payable within one year | 42/48 | €113,644 | €231,121 | +€117,478 | +103% |
| Trade debts | 44 | €48,808 | €28,889 | -€19,919 | -40.8% |
| Suppliers | 440/4 | €48,808 | €28,889 | -€19,919 | -40.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €63,950 | €81,982 | +€18,033 | +28.2% |
| Taxes | 450/3 | €18,077 | €24,721 | +€6,644 | +36.8% |
| Remuneration and social security | 454/9 | €45,873 | €57,261 | +€11,388 | +24.8% |
| Other amounts payable | 47/48 | €886 | €120,250 | +€119,364 | +13,472% |
| Accrued charges and deferred income | 492/3 | €8,640 | €6,000 | -€2,640 | -30.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €204,511 | €238,828 | +€34,317 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,497 | €23,372 | -€125 | -0.5% |
| Other operating charges | 640/8 | €14,476 | €850 | -€13,626 | -94.1% |
| Gross operating margin | 9900 | €283,432 | €305,892 | +€22,461 | +7.9% |
| Operating profit (loss) | 9901 | €40,948 | €42,843 | +€1,894 | +4.6% |
| Financial income | 75/76B | €27 | €0 | -€27 | -100% |
| Recurring financial income | 75 | €27 | €0 | -€27 | -100% |
| Financial charges | 65/66B | €16,949 | €16,402 | -€548 | -3.2% |
| Recurring financial charges | 65 | €16,949 | €16,402 | -€548 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €24,026 | €26,441 | +€2,415 | +10.1% |
| Income taxes | 67/77 | €7,167 | €8,658 | +€1,491 | +20.8% |
| Profit (loss) for the period | 9904 | €16,859 | €17,783 | +€924 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,859 | €17,783 | +€924 | +5.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.