MAAIKE VYDT: 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.
MAAIKE VYDT
Largest movements
- Receivables within one year +€11,802
up €11,802 (+1,094%), from €1,079 to €12,881
of which Trade receivables: +€9,257
- Cash +€5,542
up €5,542 (+5.8%), from €95,789 to €101,331
mainly Net result for the year (+€29,739) and Other debts (+€26,417)
- Tangible fixed assets -€1,809
down €1,809 (-26.9%), from €6,714 to €4,905
of which Land and buildings: -€1,232
- Other debts +€26,417
up €26,417 (+181%), from €14,578 to €40,995
- Reserves -€15,685
down €15,685 (-21.3%), from €73,719 to €58,034
- Tax, wage and social debts +€5,476
up €5,476 (+465%), from €1,179 to €6,655
- Gross operating margin +€18,520
up €18,520 (+65.5%), from €28,291 to €46,811
- Taxes +€3,790
up €3,790 (+46.8%), from €8,095 to €11,885
- Depreciation +€1,308
up €1,308 (+178%), from €735 to €2,043
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 | €104,357 | €119,998 | +€15,641 | +15.0% |
| Fixed assets | 21/28 | €6,719 | €4,910 | -€1,809 | -26.9% |
| Tangible fixed assets | 22/27 | €6,714 | €4,905 | -€1,809 | -26.9% |
| Land and buildings | 22 | €1,232 | €0 | -€1,232 | -100% |
| Plant, machinery and equipment | 23 | €3,239 | €3,196 | -€43 | -1.3% |
| Furniture and vehicles | 24 | €2,244 | €1,709 | -€535 | -23.8% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €97,638 | €115,088 | +€17,450 | +17.9% |
| Amounts receivable within one year | 40/41 | €1,079 | €12,881 | +€11,802 | +1,094% |
| Trade receivables | 40 | - | €9,257 | +€9,257 | |
| Other amounts receivable | 41 | €1,079 | €3,624 | +€2,545 | +236% |
| Cash at bank and in hand | 54/58 | €95,789 | €101,331 | +€5,542 | +5.8% |
| Deferred charges and accrued income | 490/1 | €770 | €876 | +€106 | +13.8% |
| Total equity and liabilities | 10/49 | €104,357 | €119,998 | +€15,641 | +15.0% |
| Equity | 10/15 | €86,119 | €70,434 | -€15,685 | -18.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €73,719 | €58,034 | -€15,685 | -21.3% |
| Distributable reserves | 133 | €73,719 | €58,034 | -€15,685 | -21.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,238 | €49,564 | +€31,326 | +172% |
| Amounts payable within one year | 42/48 | €17,876 | €49,236 | +€31,360 | +175% |
| Trade debts | 44 | €2,119 | €1,586 | -€533 | -25.1% |
| Suppliers | 440/4 | €2,119 | €1,586 | -€533 | -25.1% |
| Taxes, remuneration and social security | 45 | €1,179 | €6,655 | +€5,476 | +465% |
| Taxes | 450/3 | €1,179 | €6,655 | +€5,476 | +465% |
| Other amounts payable | 47/48 | €14,578 | €40,995 | +€26,417 | +181% |
| Accrued charges and deferred income | 492/3 | €362 | €328 | -€34 | -9.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €735 | €2,043 | +€1,308 | +178% |
| Other operating charges | 640/8 | €1,425 | €1,565 | +€141 | +9.9% |
| Non-recurring operating charges | 66A | €0 | €1,232 | +€1,232 | |
| Gross operating margin | 9900 | €28,291 | €46,811 | +€18,520 | +65.5% |
| Operating profit (loss) | 9901 | €26,131 | €41,971 | +€15,840 | +60.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €322 | €347 | +€25 | +7.7% |
| Recurring financial charges | 65 | €322 | €347 | +€25 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €25,809 | €41,624 | +€15,816 | +61.3% |
| Income taxes | 67/77 | €8,095 | €11,885 | +€3,790 | +46.8% |
| Profit (loss) for the period | 9904 | €17,713 | €29,739 | +€12,026 | +67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,713 | €29,739 | +€12,026 | +67.9% |
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 23 October 2026 via checked.be.