NEW MASTICO: 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.
NEW MASTICO
Largest movements
- Cash -€35,778
down €35,778 (-64.8%), from €55,205 to €19,428
mainly Contributions, distributions and other (-€83,530) and Tax, wage and social debts (-€37,939)
- Tangible fixed assets -€19,060
down €19,060 (-19.9%), from €95,585 to €76,525
of which Land and buildings: -€18,760
- Receivables after one year -€10,000
down €10,000 (-9.0%), from €110,999 to €100,999
- Reserves -€102,098
down €102,098 (-49.5%), from €206,465 to €104,367
- Other debts +€85,888
up €85,888 (+5073.2%), from €1,693 to €87,581
- Tax, wage and social debts -€37,939
down €37,939 (-90.9%), from €41,728 to €3,790
of which Taxes: -€40,970
- Current portion of long-term debt -€12,215
down €12,215 (-85.9%), from €14,224 to €2,009
- Gross operating margin -€6,158
down €6,158 (-43.4%), from €14,187 to €8,030
- Depreciation -€1,876
down €1,876 (-8.0%), from €23,374 to €21,498
- Other operating charges -€918
down €918 (-14.0%), from €6,562 to €5,643
- Financial income -€858
down €858 (-33.5%), from €2,564 to €1,706
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 | €301,470 | €234,904 | -€66,566 | -22.1% |
| Fixed assets | 21/28 | €95,720 | €76,660 | -€19,060 | -19.9% |
| Tangible fixed assets | 22/27 | €95,585 | €76,525 | -€19,060 | -19.9% |
| Land and buildings | 22 | €95,028 | €76,268 | -€18,760 | -19.7% |
| Furniture and vehicles | 24 | €557 | €257 | -€300 | -53.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €205,750 | €158,243 | -€47,507 | -23.1% |
| Amounts receivable after more than one year | 29 | €110,999 | €100,999 | -€10,000 | -9.0% |
| Other amounts receivable | 291 | €110,999 | €100,999 | -€10,000 | -9.0% |
| Stocks and contracts in progress | 3 | €28,710 | €27,030 | -€1,680 | -5.9% |
| Stocks | 30/36 | €28,710 | €27,030 | -€1,680 | -5.9% |
| Amounts receivable within one year | 40/41 | €8,413 | €8,253 | -€159 | -1.9% |
| Trade receivables | 40 | €8,103 | €8,253 | +€150 | +1.9% |
| Other amounts receivable | 41 | €310 | €0 | -€310 | -100.0% |
| Cash at bank and in hand | 54/58 | €55,205 | €19,428 | -€35,778 | -64.8% |
| Deferred charges and accrued income | 490/1 | €2,423 | €2,533 | +€110 | +4.6% |
| Total equity and liabilities | 10/49 | €301,470 | €234,904 | -€66,566 | -22.1% |
| Equity | 10/15 | €231,465 | €129,367 | -€102,098 | -44.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €206,465 | €104,367 | -€102,098 | -49.5% |
| Distributable reserves | 133 | €206,465 | €104,367 | -€102,098 | -49.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €70,005 | €105,536 | +€35,531 | +50.8% |
| Amounts payable after more than one year | 17 | €2,009 | €0 | -€2,009 | -100.0% |
| Financial debts | 170/4 | €2,009 | €0 | -€2,009 | -100.0% |
| Amounts payable within one year | 42/48 | €67,996 | €105,536 | +€37,540 | +55.2% |
| Current portion of amounts payable after more than one year | 42 | €14,224 | €2,009 | -€12,215 | -85.9% |
| Trade debts | 44 | €10,297 | €12,156 | +€1,859 | +18.1% |
| Suppliers | 440/4 | €10,297 | €12,156 | +€1,859 | +18.1% |
| Advances received on contracts in progress | 46 | €54 | €0 | -€54 | -100.0% |
| Taxes, remuneration and social security | 45 | €41,728 | €3,790 | -€37,939 | -90.9% |
| Taxes | 450/3 | €41,728 | €758 | -€40,970 | -98.2% |
| Remuneration and social security | 454/9 | €0 | €3,032 | +€3,032 | |
| Other amounts payable | 47/48 | €1,693 | €87,581 | +€85,888 | +5073.2% |
| Remuneration, social security and pensions | 62 | €36 | €0 | -€36 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,374 | €21,498 | -€1,876 | -8.0% |
| Other operating charges | 640/8 | €6,562 | €5,643 | -€918 | -14.0% |
| Gross operating margin | 9900 | €14,187 | €8,030 | -€6,158 | -43.4% |
| Operating profit (loss) | 9901 | -€15,784 | -€19,111 | -€3,327 | -21.1% |
| Financial income | 75/76B | €2,564 | €1,706 | -€858 | -33.5% |
| Recurring financial income | 75 | €2,564 | €1,706 | -€858 | -33.5% |
| Financial charges | 65/66B | €1,041 | €1,021 | -€20 | -1.9% |
| Recurring financial charges | 65 | €1,041 | €1,021 | -€20 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,262 | -€18,427 | -€4,165 | -29.2% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€14,402 | -€18,568 | -€4,166 | -28.9% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,402 | -€18,568 | -€4,166 | -28.9% |
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 9 October 2026 via checked.be.