Maaiteam: 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.
Maaiteam
Largest movements
- Cash -€25,081
down €25,081 (-95.4%), from €26,302 to €1,221
mainly Net result for the year (-€42,026) and Tax, wage and social debts (-€16,552)
- Receivables within one year -€25,079
down €25,079 (-97.9%), from €25,608 to €529
of which Trade receivables: -€18,513
- Tangible fixed assets -€6,604
down €6,604 (-28.4%), from €23,278 to €16,674
- Profit (loss) carried forward -€42,026
down €42,026, from €513 to -€41,513
- Tax, wage and social debts -€16,552
down €16,552 (-71.0%), from €23,313 to €6,761
of which Taxes: -€16,552
- Debts after one year -€3,440
down €3,440 (-100%), from €3,440 to €0
- Trade debts +€2,578
up €2,578 (+147%), from €1,750 to €4,328
- Other debts +€2,402
up €2,402 (+21.2%), from €11,340 to €13,742
- Gross operating margin -€87,055
down €87,055, from €56,300 to -€30,755
- Taxes -€8,103
down €8,103 (-100%), from €8,103 to €0
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 | €77,507 | €20,599 | -€56,908 | -73.4% |
| Fixed assets | 21/28 | €23,278 | €16,674 | -€6,604 | -28.4% |
| Tangible fixed assets | 22/27 | €23,278 | €16,674 | -€6,604 | -28.4% |
| Land and buildings | 22 | €1,854 | €1,761 | -€93 | -5.0% |
| Plant, machinery and equipment | 23 | €8,281 | €5,450 | -€2,831 | -34.2% |
| Furniture and vehicles | 24 | €11,208 | €8,216 | -€2,991 | -26.7% |
| Other tangible fixed assets | 26 | €1,936 | €1,248 | -€689 | -35.6% |
| Current assets | 29/58 | €54,229 | €3,925 | -€50,304 | -92.8% |
| Amounts receivable within one year | 40/41 | €25,608 | €529 | -€25,079 | -97.9% |
| Trade receivables | 40 | €18,513 | €0 | -€18,513 | -100% |
| Other amounts receivable | 41 | €7,095 | €529 | -€6,566 | -92.5% |
| Cash at bank and in hand | 54/58 | €26,302 | €1,221 | -€25,081 | -95.4% |
| Deferred charges and accrued income | 490/1 | €2,319 | €2,175 | -€144 | -6.2% |
| Total equity and liabilities | 10/49 | €77,507 | €20,599 | -€56,908 | -73.4% |
| Equity | 10/15 | €36,376 | -€5,650 | -€42,026 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €35,363 | €35,363 | = | 0.0% |
| Non-distributable reserves | 130/1 | €433 | €433 | = | 0.0% |
| Reserves not available under the articles | 1311 | €433 | €433 | = | 0.0% |
| Distributable reserves | 133 | €34,930 | €34,930 | = | 0.0% |
| Profit (loss) carried forward | 14 | €513 | -€41,513 | -€42,026 | |
| Amounts payable | 17/49 | €41,131 | €26,249 | -€14,882 | -36.2% |
| Amounts payable after more than one year | 17 | €3,440 | €0 | -€3,440 | -100% |
| Financial debts | 170/4 | €3,440 | €0 | -€3,440 | -100% |
| Amounts payable within one year | 42/48 | €37,692 | €26,249 | -€11,442 | -30.4% |
| Financial debts | 43 | €1,288 | €1,418 | +€130 | +10.1% |
| Credit institutions | 430/8 | €1,288 | €1,418 | +€130 | +10.1% |
| Trade debts | 44 | €1,750 | €4,328 | +€2,578 | +147% |
| Suppliers | 440/4 | €1,750 | €4,328 | +€2,578 | +147% |
| Taxes, remuneration and social security | 45 | €23,313 | €6,761 | -€16,552 | -71.0% |
| Taxes | 450/3 | €23,313 | €6,761 | -€16,552 | -71.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €11,340 | €13,742 | +€2,402 | +21.2% |
| Remuneration, social security and pensions | 62 | €67 | €47 | -€20 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,886 | €9,351 | +€465 | +5.2% |
| Other operating charges | 640/8 | €1,127 | €1,007 | -€121 | -10.7% |
| Gross operating margin | 9900 | €56,300 | -€30,755 | -€87,055 | |
| Operating profit (loss) | 9901 | €46,220 | -€41,160 | -€87,379 | |
| Financial income | 75/76B | €1 | €2 | +€1 | +87.2% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +87.2% |
| Financial charges | 65/66B | €308 | €869 | +€561 | +182% |
| Recurring financial charges | 65 | €308 | €869 | +€561 | +182% |
| Profit (loss) for the period before taxes | 9903 | €45,913 | -€42,026 | -€87,939 | |
| Income taxes | 67/77 | €8,103 | €0 | -€8,103 | -100% |
| Profit (loss) for the period | 9904 | €37,810 | -€42,026 | -€79,835 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,810 | -€42,026 | -€79,835 |
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 14 October 2026 via checked.be.