MAA Consulting: 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.
MAA Consulting
Largest movements
- Cash -€54,525
down €54,525 (-28.2%), from €193,652 to €139,127
mainly Contributions, distributions and other (-€139,999) and Other debts (-€45,413)
- Receivables within one year +€15,411
up €15,411 (+75.2%), from €20,493 to €35,903
of which Trade receivables: +€10,473
- Other debts -€45,413
down €45,413 (-24.1%), from €188,156 to €142,743
- Trade debts +€5,712
up €5,712 (+164.2%), from €3,478 to €9,191
- Tax, wage and social debts +€3,203
up €3,203 (+14.5%), from €22,113 to €25,316
of which Taxes: +€3,203
- Gross operating margin -€18,867
down €18,867 (-9.7%), from €193,935 to €175,068
- Taxes -€15,209
down €15,209 (-31.4%), from €48,454 to €33,245
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
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 | €220,321 | €181,930 | -€38,391 | -17.4% |
| Fixed assets | 21/28 | €3,189 | €4,067 | +€877 | +27.5% |
| Tangible fixed assets | 22/27 | €1,875 | €2,753 | +€877 | +46.8% |
| Furniture and vehicles | 24 | €1,875 | €2,753 | +€877 | +46.8% |
| Financial fixed assets | 28 | €1,314 | €1,314 | = | 0.0% |
| Current assets | 29/58 | €217,131 | €177,863 | -€39,268 | -18.1% |
| Amounts receivable within one year | 40/41 | €20,493 | €35,903 | +€15,411 | +75.2% |
| Trade receivables | 40 | €19,940 | €30,413 | +€10,473 | +52.5% |
| Other amounts receivable | 41 | €553 | €5,491 | +€4,938 | +892.6% |
| Cash at bank and in hand | 54/58 | €193,652 | €139,127 | -€54,525 | -28.2% |
| Deferred charges and accrued income | 490/1 | €2,987 | €2,833 | -€153 | -5.1% |
| Total equity and liabilities | 10/49 | €220,321 | €181,930 | -€38,391 | -17.4% |
| Equity | 10/15 | €5,916 | €4,023 | -€1,893 | -32.0% |
| Contributions | 10/11 | - | €1 | +€1 | |
| Profit (loss) carried forward | 14 | €5,916 | €4,022 | -€1,894 | -32.0% |
| Amounts payable | 17/49 | €214,404 | €177,907 | -€36,498 | -17.0% |
| Amounts payable within one year | 42/48 | €214,404 | €177,907 | -€36,498 | -17.0% |
| Trade debts | 44 | €3,478 | €9,191 | +€5,712 | +164.2% |
| Suppliers | 440/4 | €3,478 | €9,191 | +€5,712 | +164.2% |
| Advances received on contracts in progress | 46 | €657 | €657 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €22,113 | €25,316 | +€3,203 | +14.5% |
| Taxes | 450/3 | €20,545 | €23,748 | +€3,203 | +15.6% |
| Remuneration and social security | 454/9 | €1,568 | €1,568 | = | 0.0% |
| Other amounts payable | 47/48 | €188,156 | €142,743 | -€45,413 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,152 | €1,271 | +€118 | +10.3% |
| Other operating charges | 640/8 | €387 | €420 | +€32 | +8.4% |
| Gross operating margin | 9900 | €193,935 | €175,068 | -€18,867 | -9.7% |
| Operating profit (loss) | 9901 | €192,395 | €173,377 | -€19,018 | -9.9% |
| Financial income | 75/76B | €13 | €0 | -€13 | -99.2% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -99.2% |
| Financial charges | 65/66B | €1,373 | €2,026 | +€653 | +47.6% |
| Recurring financial charges | 65 | €1,373 | €2,026 | +€653 | +47.6% |
| Profit (loss) for the period before taxes | 9903 | €191,034 | €171,351 | -€19,683 | -10.3% |
| Income taxes | 67/77 | €48,454 | €33,245 | -€15,209 | -31.4% |
| Profit (loss) for the period | 9904 | €142,580 | €138,106 | -€4,474 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €142,580 | €138,106 | -€4,474 | -3.1% |
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 10 October 2026 via checked.be.