MAVIJO: 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.
MAVIJO
Largest movements
- Receivables after one year +€103,327
up €103,327 (+71.4%), from €144,794 to €248,120
- Receivables within one year +€17,659
up €17,659 (+77.1%), from €22,900 to €40,559
of which Other amounts receivable: +€19,450
- Cash -€7,390
down €7,390 (-73.4%), from €10,074 to €2,684
mainly Receivables after one year (-€103,327) and Receivables within one year (-€17,659)
- Profit (loss) carried forward +€76,272
up €76,272 (+156%), from €48,935 to €125,206
- Other debts +€31,455
up €31,455 (+54.8%), from €57,366 to €88,821
- Tax, wage and social debts +€13,716
up €13,716 (+35.6%), from €38,550 to €52,267
- Trade debts -€7,848
down €7,848 (-28.1%), from €27,917 to €20,069
- Gross operating margin +€33,668
up €33,668 (+53.3%), from €63,171 to €96,839
- Taxes +€6,369
up €6,369 (+45.1%), from €14,117 to €20,486
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 | €177,768 | €291,363 | +€113,595 | +63.9% |
| Current assets | 29/58 | €177,768 | €291,363 | +€113,595 | +63.9% |
| Amounts receivable after more than one year | 29 | €144,794 | €248,120 | +€103,327 | +71.4% |
| Trade receivables | 290 | €144,794 | €248,120 | +€103,327 | +71.4% |
| Amounts receivable within one year | 40/41 | €22,900 | €40,559 | +€17,659 | +77.1% |
| Trade receivables | 40 | €2,000 | €209 | -€1,791 | -89.6% |
| Other amounts receivable | 41 | €20,900 | €40,350 | +€19,450 | +93.1% |
| Cash at bank and in hand | 54/58 | €10,074 | €2,684 | -€7,390 | -73.4% |
| Total equity and liabilities | 10/49 | €177,768 | €291,363 | +€113,595 | +63.9% |
| Equity | 10/15 | €53,935 | €130,206 | +€76,272 | +141% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,935 | €125,206 | +€76,272 | +156% |
| Amounts payable | 17/49 | €123,833 | €161,157 | +€37,323 | +30.1% |
| Amounts payable within one year | 42/48 | €123,833 | €161,157 | +€37,323 | +30.1% |
| Trade debts | 44 | €27,917 | €20,069 | -€7,848 | -28.1% |
| Suppliers | 440/4 | €27,917 | €20,069 | -€7,848 | -28.1% |
| Taxes, remuneration and social security | 45 | €38,550 | €52,267 | +€13,716 | +35.6% |
| Taxes | 450/3 | €38,550 | €52,267 | +€13,716 | +35.6% |
| Other amounts payable | 47/48 | €57,366 | €88,821 | +€31,455 | +54.8% |
| Gross operating margin | 9900 | €63,171 | €96,839 | +€33,668 | +53.3% |
| Operating profit (loss) | 9901 | €63,171 | €96,839 | +€33,668 | +53.3% |
| Financial charges | 65/66B | €119 | €81 | -€38 | -31.9% |
| Recurring financial charges | 65 | €119 | €81 | -€38 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €63,052 | €96,758 | +€33,706 | +53.5% |
| Income taxes | 67/77 | €14,117 | €20,486 | +€6,369 | +45.1% |
| Profit (loss) for the period | 9904 | €48,935 | €76,272 | +€27,337 | +55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,935 | €76,272 | +€27,337 | +55.9% |
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 14 October 2026 via checked.be.