R.B. MAZOUT: what changed
R.B. MAZOUT
Largest movements
- Cash +€106,652
up €106,652 (+214%), from €49,847 to €156,499
mainly Net result for the year (+€94,987) and Investment in fixed assets (net) (+€68,643)
- Tangible fixed assets -€68,643
no longer reported in 2025 (was €68,643)
- Receivables within one year -€21,099
down €21,099 (-98.5%), from €21,429 to €330
- Reserves +€23,572
up €23,572 (+9.6%), from €245,745 to €269,317
of which Tax-exempt reserves: +€95,000
- Other debts -€5,268
down €5,268 (-71.2%), from €7,394 to €2,126
- Gross operating margin +€94,361
up €94,361 (+22,038%), from €428 to €94,789
- Provisions -€70,000
no longer reported in 2025 (was €70,000)
- Depreciation -€4,201
no longer reported in 2025 (was €4,201)
- Other operating charges -€1,479
no longer reported in 2025 (was €1,479)
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 | €140,577 | €157,488 | +€16,911 | +12.0% |
| Fixed assets | 21/28 | €69,302 | €659 | -€68,643 | -99.0% |
| Tangible fixed assets | 22/27 | €68,643 | - | -€68,643 | |
| Land and buildings | 22 | €68,643 | - | -€68,643 | |
| Financial fixed assets | 28 | €659 | €659 | +€0 | 0.0% |
| Current assets | 29/58 | €71,275 | €156,829 | +€85,554 | +120% |
| Amounts receivable within one year | 40/41 | €21,429 | €330 | -€21,099 | -98.5% |
| Other amounts receivable | 41 | €21,429 | €330 | -€21,099 | -98.5% |
| Cash at bank and in hand | 54/58 | €49,847 | €156,499 | +€106,652 | +214% |
| Total equity and liabilities | 10/49 | €140,577 | €157,488 | +€16,911 | +12.0% |
| Equity | 10/15 | €18,803 | €42,362 | +€23,559 | +125% |
| Contributions | 10/11 | €25,000 | €25,000 | -€0 | 0.0% |
| Capital | 10 | €25,000 | €25,000 | -€0 | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | -€0 | 0.0% |
| Reserves | 13 | €245,745 | €269,317 | +€23,572 | +9.6% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | +€0 | 0.0% |
| Legal reserve | 130 | €2,479 | €2,479 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | - | €95,000 | +€95,000 | |
| Distributable reserves | 133 | €243,266 | €171,838 | -€71,428 | -29.4% |
| Profit (loss) carried forward | 14 | -€251,942 | -€251,955 | -€13 | 0.0% |
| Provisions and deferred taxes | 16 | €113,000 | €113,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €113,000 | €113,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €113,000 | €113,000 | = | 0.0% |
| Amounts payable | 17/49 | €8,774 | €2,126 | -€6,648 | -75.8% |
| Amounts payable within one year | 42/48 | €8,774 | €2,126 | -€6,648 | -75.8% |
| Trade debts | 44 | €1,380 | - | -€1,380 | |
| Suppliers | 440/4 | €1,380 | - | -€1,380 | |
| Other amounts payable | 47/48 | €7,394 | €2,126 | -€5,268 | -71.2% |
| Non-recurring operating income | 76A | - | €114,739 | +€114,739 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,201 | - | -€4,201 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €70,000 | - | -€70,000 | |
| Other operating charges | 640/8 | €1,479 | - | -€1,479 | |
| Gross operating margin | 9900 | €428 | €94,789 | +€94,361 | +22,038% |
| Operating profit (loss) | 9901 | -€75,251 | €94,789 | +€170,040 | |
| Financial income | 75/76B | - | €377 | +€377 | |
| Recurring financial income | 75 | - | €377 | +€377 | |
| Financial charges | 65/66B | €71 | €179 | +€109 | +154% |
| Recurring financial charges | 65 | €71 | €179 | +€109 | +154% |
| Profit (loss) for the period before taxes | 9903 | -€75,322 | €94,987 | +€170,309 | |
| Income taxes | 67/77 | €55 | - | -€55 | |
| Profit (loss) for the period | 9904 | -€75,377 | €94,987 | +€170,364 | |
| Profit (loss) for the period to be appropriated | 9905 | -€75,377 | €94,987 | +€170,364 |
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 7 November 2026 via checked.be.