Maja Taste: 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.
Maja Taste
Largest movements
- Current investments -€50,000
down €50,000 (-33.3%), from €150,000 to €100,000
- Cash +€28,633
up €28,633 (+91.2%), from €31,392 to €60,026
mainly Debts after one year (+€111,453) and Current investments (+€50,000)
- Tangible fixed assets -€9,499
down €9,499 (-72.2%), from €13,163 to €3,664
of which Furniture and vehicles: -€9,237
- Receivables within one year +€8,853
up €8,853 (+204%), from €4,346 to €13,199
of which Other amounts receivable: +€10,453
- Deferred charges and accrued income -€3,578
down €3,578 (-60.7%), from €5,898 to €2,320
- Reserves -€131,878
down €131,878 (-93.7%), from €140,705 to €8,826
- Debts after one year +€111,453
up €111,453 (+539%), from €20,671 to €132,124
of which Other amounts payable: +€113,638
- Current portion of long-term debt -€7,650
down €7,650 (-77.8%), from €9,835 to €2,185
- Tax, wage and social debts +€4,336
up €4,336 (+27.6%), from €15,731 to €20,067
- Trade debts -€2,746
down €2,746 (-82.5%), from €3,328 to €582
- Gross operating margin -€70,593
down €70,593 (-87.4%), from €80,813 to €10,221
- Taxes -€13,003
down €13,003 (-94.2%), from €13,802 to €799
- Depreciation -€2,236
down €2,236 (-19.1%), from €11,736 to €9,499
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 | €204,800 | €179,208 | -€25,592 | -12.5% |
| Fixed assets | 21/28 | €13,163 | €3,664 | -€9,499 | -72.2% |
| Tangible fixed assets | 22/27 | €13,163 | €3,664 | -€9,499 | -72.2% |
| Furniture and vehicles | 24 | €10,761 | €1,524 | -€9,237 | -85.8% |
| Other tangible fixed assets | 26 | €2,402 | €2,140 | -€262 | -10.9% |
| Current assets | 29/58 | €191,637 | €175,544 | -€16,092 | -8.4% |
| Amounts receivable within one year | 40/41 | €4,346 | €13,199 | +€8,853 | +204% |
| Trade receivables | 40 | €3,264 | €1,664 | -€1,600 | -49.0% |
| Other amounts receivable | 41 | €1,082 | €11,534 | +€10,453 | +966% |
| Current investments | 50/53 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €31,392 | €60,026 | +€28,633 | +91.2% |
| Deferred charges and accrued income | 490/1 | €5,898 | €2,320 | -€3,578 | -60.7% |
| Total equity and liabilities | 10/49 | €204,800 | €179,208 | -€25,592 | -12.5% |
| Equity | 10/15 | €150,705 | €18,826 | -€131,878 | -87.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €140,705 | €8,826 | -€131,878 | -93.7% |
| Distributable reserves | 133 | €140,705 | €8,826 | -€131,878 | -93.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €54,095 | €160,382 | +€106,287 | +196% |
| Amounts payable after more than one year | 17 | €20,671 | €132,124 | +€111,453 | +539% |
| Financial debts | 170/4 | €2,185 | €0 | -€2,185 | -100% |
| Other amounts payable | 178/9 | €18,486 | €132,124 | +€113,638 | +615% |
| Amounts payable within one year | 42/48 | €30,368 | €22,834 | -€7,533 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €9,835 | €2,185 | -€7,650 | -77.8% |
| Trade debts | 44 | €3,328 | €582 | -€2,746 | -82.5% |
| Suppliers | 440/4 | €3,328 | €582 | -€2,746 | -82.5% |
| Advances received on contracts in progress | 46 | €1,474 | €0 | -€1,474 | -100% |
| Taxes, remuneration and social security | 45 | €15,731 | €20,067 | +€4,336 | +27.6% |
| Taxes | 450/3 | €15,731 | €20,067 | +€4,336 | +27.6% |
| Accrued charges and deferred income | 492/3 | €3,056 | €5,423 | +€2,367 | +77.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,736 | €9,499 | -€2,236 | -19.1% |
| Other operating charges | 640/8 | €1,499 | €1,684 | +€185 | +12.4% |
| Gross operating margin | 9900 | €80,813 | €10,221 | -€70,593 | -87.4% |
| Operating profit (loss) | 9901 | €67,579 | -€963 | -€68,542 | |
| Financial income | 75/76B | €1,571 | €1,851 | +€280 | +17.8% |
| Recurring financial income | 75 | €1,571 | €1,851 | +€280 | +17.8% |
| Financial charges | 65/66B | €1,518 | €1,967 | +€450 | +29.6% |
| Recurring financial charges | 65 | €1,518 | €1,967 | +€450 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | €67,632 | -€1,079 | -€68,712 | |
| Income taxes | 67/77 | €13,802 | €799 | -€13,003 | -94.2% |
| Profit (loss) for the period | 9904 | €53,831 | -€1,878 | -€55,709 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,831 | -€1,878 | -€55,709 |
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 25 October 2026 via checked.be.