MASTASTRUCT: what changed
What changed
MASTASTRUCT
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€37
2024 · €9+€28
Equity
€17,450
2024 · €17,413+€37
Cash
€3,744
2024 · €2,177+€1,567
Balance sheet total
€81,242
2024 · €79,292+€1,950
Largest movements
Assets
- Cash +€1,567
up €1,567 (+72.0%), from €2,177 to €3,744
mainly Other debts (+€2,400) and Net result for the year (+€37)
Equity and liabilities
- Other debts +€2,400
up €2,400 (+3.9%), from €61,392 to €63,792
Income statement
- Gross operating margin +€486
up €486 (+123%), from €394 to €880
- Other operating charges +€287
up €287 (+74.5%), from €385 to €672
- Financial charges +€171
new in 2025: €171
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.
Result 2024
€9
Gross operating margin
+€486
Other operating charges
-€287
Financial charges
-€171
Result 2025
€37
raises the resultlowers the result
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.
From operations
+€1,567
Investment
€0
Financing
€0
Cash 2024
€2,177
From operations (derived)
+€1,567
Net result for the year
+€37
Receivables within one year
-€383
Trade debts
-€487
Other debts
+€2,400
Cash 2025
€3,744
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,292 | €81,242 | +€1,950 | +2.5% |
| Current assets | 29/58 | €79,292 | €81,242 | +€1,950 | +2.5% |
| Stocks and contracts in progress | 3 | €66,941 | €66,941 | = | 0.0% |
| Stocks | 30/36 | €66,941 | €66,941 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,174 | €10,557 | +€383 | +3.8% |
| Trade receivables | 40 | €6,500 | €10,500 | +€4,000 | +61.5% |
| Other amounts receivable | 41 | €3,674 | €57 | -€3,617 | -98.4% |
| Cash at bank and in hand | 54/58 | €2,177 | €3,744 | +€1,567 | +72.0% |
| Total equity and liabilities | 10/49 | €79,292 | €81,242 | +€1,950 | +2.5% |
| Equity | 10/15 | €17,413 | €17,450 | +€37 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€1,187 | -€1,150 | +€37 | +3.1% |
| Amounts payable | 17/49 | €61,879 | €63,792 | +€1,913 | +3.1% |
| Amounts payable within one year | 42/48 | €61,879 | €63,792 | +€1,913 | +3.1% |
| Trade debts | 44 | €487 | - | -€487 | |
| Suppliers | 440/4 | €487 | - | -€487 | |
| Other amounts payable | 47/48 | €61,392 | €63,792 | +€2,400 | +3.9% |
| Other operating charges | 640/8 | €385 | €672 | +€287 | +74.5% |
| Gross operating margin | 9900 | €394 | €880 | +€486 | +123% |
| Operating profit (loss) | 9901 | €9 | €208 | +€199 | +2,211% |
| Financial charges | 65/66B | - | €171 | +€171 | |
| Recurring financial charges | 65 | - | €171 | +€171 | |
| Profit (loss) for the period before taxes | 9903 | €9 | €37 | +€28 | +311% |
| Profit (loss) for the period | 9904 | €9 | €37 | +€28 | +311% |
| Profit (loss) for the period to be appropriated | 9905 | €9 | €37 | +€28 | +311% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.