Florence Maraite: 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.
Florence Maraite
Largest movements
- Deferred charges and accrued income -€898
down €898 (-100%), from €898 to €0
- Formation expenses -€842
down €842 (-20.0%), from €4,208 to €3,366
- Receivables within one year +€809
new in 2025: €809
of which Trade receivables: +€738
- Cash -€791
down €791 (-99.3%), from €797 to €5
mainly Net result for the year (-€3,814) and Receivables within one year (-€809)
- Profit (loss) carried forward -€3,814
down €3,814 (-221%), from -€1,728 to -€5,542
- Debts after one year +€2,508
up €2,508 (+78.0%), from €3,214 to €5,722
- Tax, wage and social debts -€364
down €364 (-100%), from €364 to €0
- Gross operating margin -€1,254
down €1,254 (-75.8%), from -€1,655 to -€2,910
- Depreciation +€840
up €840 (+36,509%), from €2 to €842
- Financial charges -€47
down €47 (-100%), from €47 to €0
- Other operating charges +€39
up €39 (+165%), from €23 to €62
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 | €5,903 | €4,180 | -€1,723 | -29.2% |
| Formation expenses | 20 | €4,208 | €3,366 | -€842 | -20.0% |
| Current assets | 29/58 | €1,695 | €814 | -€881 | -52.0% |
| Amounts receivable within one year | 40/41 | - | €809 | +€809 | |
| Trade receivables | 40 | - | €738 | +€738 | |
| Other amounts receivable | 41 | - | €71 | +€71 | |
| Cash at bank and in hand | 54/58 | €797 | €5 | -€791 | -99.3% |
| Deferred charges and accrued income | 490/1 | €898 | €0 | -€898 | -100% |
| Total equity and liabilities | 10/49 | €5,903 | €4,180 | -€1,723 | -29.2% |
| Equity | 10/15 | €2,272 | -€1,542 | -€3,814 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,728 | -€5,542 | -€3,814 | -221% |
| Amounts payable | 17/49 | €3,631 | €5,722 | +€2,091 | +57.6% |
| Amounts payable after more than one year | 17 | €3,214 | €5,722 | +€2,508 | +78.0% |
| Other amounts payable | 178/9 | €3,214 | €5,722 | +€2,508 | +78.0% |
| Amounts payable within one year | 42/48 | €417 | €0 | -€417 | -100% |
| Trade debts | 44 | €53 | €0 | -€53 | -100% |
| Suppliers | 440/4 | €53 | €0 | -€53 | -100% |
| Taxes, remuneration and social security | 45 | €364 | €0 | -€364 | -100% |
| Taxes | 450/3 | €364 | €0 | -€364 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2 | €842 | +€840 | +36,509% |
| Other operating charges | 640/8 | €23 | €62 | +€39 | +165% |
| Gross operating margin | 9900 | -€1,655 | -€2,910 | -€1,254 | -75.8% |
| Operating profit (loss) | 9901 | -€1,681 | -€3,814 | -€2,133 | -127% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €47 | €0 | -€47 | -100% |
| Recurring financial charges | 65 | €47 | €0 | -€47 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€1,728 | -€3,814 | -€2,085 | -121% |
| Profit (loss) for the period | 9904 | -€1,728 | -€3,814 | -€2,085 | -121% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,728 | -€3,814 | -€2,085 | -121% |
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 26 October 2026 via checked.be.