MA SOLUTIONS: what changed
Two fiscal 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.
MA SOLUTIONS
Largest movements
- Receivables within one year -€1,945
down €1,945 (-40.6%), from €4,797 to €2,852
of which Trade receivables: -€1,945
- Current portion of long-term debt -€3,970
down €3,970 (-100.0%), from €3,970 to €0
- Profit (loss) carried forward +€1,362
up €1,362 (+3.6%), from -€37,890 to -€36,528
- Other debts +€607
up €607 (+6.2%), from €9,722 to €10,329
- Trade debts +€381
up €381 (+47.7%), from €800 to €1,181
- Tax, wage and social debts -€172
down €172 (-49.0%), from €351 to €179
- Gross operating margin +€2,173
up €2,173 (+148.9%), from €1,460 to €3,633
- Financial charges +€680
up €680 (+122.0%), from €558 to €1,238
- Other operating charges -€38
down €38 (-3.5%), from €1,071 to €1,033
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,980 | €3,042 | -€1,938 | -38.9% |
| Current assets | 29/58 | €4,980 | €3,042 | -€1,938 | -38.9% |
| Amounts receivable within one year | 40/41 | €4,797 | €2,852 | -€1,945 | -40.6% |
| Trade receivables | 40 | €4,797 | €2,852 | -€1,945 | -40.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €182 | €190 | +€8 | +4.3% |
| Total equity and liabilities | 10/49 | €4,980 | €3,042 | -€1,938 | -38.9% |
| Equity | 10/15 | -€15,030 | -€13,668 | +€1,362 | +9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,260 | €4,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,890 | -€36,528 | +€1,362 | +3.6% |
| Amounts payable | 17/49 | €20,009 | €16,710 | -€3,299 | -16.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €20,009 | €16,710 | -€3,299 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €3,970 | €0 | -€3,970 | -100.0% |
| Financial debts | 43 | €5,167 | €5,021 | -€146 | -2.8% |
| Credit institutions | 430/8 | €5,167 | €5,021 | -€146 | -2.8% |
| Trade debts | 44 | €800 | €1,181 | +€381 | +47.7% |
| Suppliers | 440/4 | €800 | €1,181 | +€381 | +47.7% |
| Taxes, remuneration and social security | 45 | €351 | €179 | -€172 | -49.0% |
| Taxes | 450/3 | €351 | €179 | -€172 | -49.0% |
| Other amounts payable | 47/48 | €9,722 | €10,329 | +€607 | +6.2% |
| Other operating charges | 640/8 | €1,071 | €1,033 | -€38 | -3.5% |
| Non-recurring operating charges | 66A | €69 | €0 | -€69 | -100.0% |
| Gross operating margin | 9900 | €1,460 | €3,633 | +€2,173 | +148.9% |
| Operating profit (loss) | 9901 | €320 | €2,600 | +€2,280 | +713.3% |
| Financial charges | 65/66B | €558 | €1,238 | +€680 | +122.0% |
| Recurring financial charges | 65 | €558 | €1,238 | +€680 | +122.0% |
| Profit (loss) for the period before taxes | 9903 | -€238 | €1,362 | +€1,600 | |
| Profit (loss) for the period | 9904 | -€238 | €1,362 | +€1,600 | |
| Profit (loss) for the period to be appropriated | 9905 | -€238 | €1,362 | +€1,600 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.