E-MAURO: 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.
E-MAURO
Largest movements
- Receivables within one year -€61,562
down €61,562 (-9.0%), from €683,616 to €622,055
of which Trade receivables: -€60,000
- Cash +€55,050
up €55,050 (+1,565%), from €3,518 to €58,567
mainly Net result for the year (+€73,121) and Receivables within one year (+€61,562)
- Other debts -€74,296
down €74,296 (-28.1%), from €264,192 to €189,896
- Profit (loss) carried forward +€73,121
up €73,121 (+26.1%), from €279,865 to €352,985
- Tax, wage and social debts -€52,687
down €52,687 (-44.7%), from €117,886 to €65,198
of which Taxes: -€59,492
- Trade debts +€48,329
up €48,329 (+931%), from €5,192 to €53,521
- Gross operating margin -€83,401
down €83,401 (-20.3%), from €411,186 to €327,785
- Taxes -€18,241
down €18,241 (-40.3%), from €45,276 to €27,034
- Staff costs +€16,270
up €16,270 (+7.7%), from €211,104 to €227,373
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 | €687,134 | €681,601 | -€5,533 | -0.8% |
| Current assets | 29/58 | €687,134 | €681,601 | -€5,533 | -0.8% |
| Amounts receivable within one year | 40/41 | €683,616 | €622,055 | -€61,562 | -9.0% |
| Trade receivables | 40 | €680,000 | €620,000 | -€60,000 | -8.8% |
| Other amounts receivable | 41 | €3,616 | €2,055 | -€1,562 | -43.2% |
| Cash at bank and in hand | 54/58 | €3,518 | €58,567 | +€55,050 | +1,565% |
| Deferred charges and accrued income | 490/1 | - | €979 | +€979 | |
| Total equity and liabilities | 10/49 | €687,134 | €681,601 | -€5,533 | -0.8% |
| Equity | 10/15 | €299,865 | €372,985 | +€73,121 | +24.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €279,865 | €352,985 | +€73,121 | +26.1% |
| Amounts payable | 17/49 | €387,269 | €308,615 | -€78,654 | -20.3% |
| Amounts payable within one year | 42/48 | €387,269 | €308,615 | -€78,654 | -20.3% |
| Trade debts | 44 | €5,192 | €53,521 | +€48,329 | +931% |
| Suppliers | 440/4 | €5,192 | €53,521 | +€48,329 | +931% |
| Taxes, remuneration and social security | 45 | €117,886 | €65,198 | -€52,687 | -44.7% |
| Taxes | 450/3 | €84,743 | €25,251 | -€59,492 | -70.2% |
| Remuneration and social security | 454/9 | €33,142 | €39,947 | +€6,805 | +20.5% |
| Other amounts payable | 47/48 | €264,192 | €189,896 | -€74,296 | -28.1% |
| Remuneration, social security and pensions | 62 | €211,104 | €227,373 | +€16,270 | +7.7% |
| Other operating charges | 640/8 | €162 | €162 | = | 0.0% |
| Gross operating margin | 9900 | €411,186 | €327,785 | -€83,401 | -20.3% |
| Operating profit (loss) | 9901 | €199,920 | €100,250 | -€99,670 | -49.9% |
| Financial charges | 65/66B | €126 | €95 | -€31 | -24.5% |
| Recurring financial charges | 65 | €126 | €95 | -€31 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €199,794 | €100,155 | -€99,639 | -49.9% |
| Income taxes | 67/77 | €45,276 | €27,034 | -€18,241 | -40.3% |
| Profit (loss) for the period | 9904 | €154,519 | €73,121 | -€81,398 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €154,519 | €73,121 | -€81,398 | -52.7% |
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 19 October 2026 via checked.be.