Maaket: 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.
Maaket
Largest movements
- Tangible fixed assets +€630,975
up €630,975 (+22.7%), from €2.8m to €3.4m
of which Land and buildings: +€591,211
- Receivables within one year +€52,736
up €52,736 (+127%), from €41,537 to €94,274
of which Trade receivables: +€54,729
- Other debts +€795,028
up €795,028 (+29.5%), from €2.7m to €3.5m
- Debts after one year -€81,321
down €81,321 (-9.8%), from €828,668 to €747,347
of which Financial debts: -€77,850
- Profit (loss) carried forward -€39,642
down €39,642 (-3.7%), from -€1.1m to -€1.1m
- Depreciation +€115,915
up €115,915 (+62.9%), from €184,268 to €300,183
- Gross operating margin +€55,683
up €55,683 (+22.5%), from €247,604 to €303,287
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 | €2,933,012 | €3,645,615 | +€712,603 | +24.3% |
| Fixed assets | 21/28 | €2,785,085 | €3,416,060 | +€630,975 | +22.7% |
| Tangible fixed assets | 22/27 | €2,785,085 | €3,416,060 | +€630,975 | +22.7% |
| Land and buildings | 22 | €2,504,160 | €3,095,371 | +€591,211 | +23.6% |
| Plant, machinery and equipment | 23 | €254,910 | €256,366 | +€1,456 | +0.6% |
| Furniture and vehicles | 24 | €26,014 | €64,322 | +€38,308 | +147% |
| Current assets | 29/58 | €147,927 | €229,555 | +€81,628 | +55.2% |
| Stocks and contracts in progress | 3 | €12,000 | €7,892 | -€4,108 | -34.2% |
| Stocks | 30/36 | €12,000 | €7,892 | -€4,108 | -34.2% |
| Amounts receivable within one year | 40/41 | €41,537 | €94,274 | +€52,736 | +127% |
| Trade receivables | 40 | €39,540 | €94,269 | +€54,729 | +138% |
| Other amounts receivable | 41 | €1,998 | €5 | -€1,993 | -99.8% |
| Cash at bank and in hand | 54/58 | €90,606 | €124,360 | +€33,753 | +37.3% |
| Deferred charges and accrued income | 490/1 | €3,783 | €3,030 | -€753 | -19.9% |
| Total equity and liabilities | 10/49 | €2,933,012 | €3,645,615 | +€712,603 | +24.3% |
| Equity | 10/15 | -€690,154 | -€729,796 | -€39,642 | -5.7% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,065,154 | -€1,104,796 | -€39,642 | -3.7% |
| Amounts payable | 17/49 | €3,623,166 | €4,375,411 | +€752,245 | +20.8% |
| Amounts payable after more than one year | 17 | €828,668 | €747,347 | -€81,321 | -9.8% |
| Financial debts | 170/4 | €784,552 | €706,702 | -€77,850 | -9.9% |
| Advances received on contracts in progress | 176 | €44,116 | €40,645 | -€3,471 | -7.9% |
| Amounts payable within one year | 42/48 | €2,794,498 | €3,628,064 | +€833,566 | +29.8% |
| Current portion of amounts payable after more than one year | 42 | €76,451 | €77,850 | +€1,399 | +1.8% |
| Trade debts | 44 | €5,133 | €40,723 | +€35,590 | +693% |
| Suppliers | 440/4 | €5,133 | €40,723 | +€35,590 | +693% |
| Taxes, remuneration and social security | 45 | €21,350 | €22,899 | +€1,549 | +7.3% |
| Taxes | 450/3 | €21,350 | €22,899 | +€1,549 | +7.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,691,564 | €3,486,592 | +€795,028 | +29.5% |
| Remuneration, social security and pensions | 62 | -€982 | €28 | +€1,011 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,268 | €300,183 | +€115,915 | +62.9% |
| Other operating charges | 640/8 | €26,895 | €29,324 | +€2,429 | +9.0% |
| Gross operating margin | 9900 | €247,604 | €303,287 | +€55,683 | +22.5% |
| Operating profit (loss) | 9901 | €37,424 | -€26,248 | -€63,671 | |
| Financial income | 75/76B | €10 | €202 | +€192 | +1,970% |
| Recurring financial income | 75 | €10 | €202 | +€192 | +1,970% |
| Financial charges | 65/66B | €15,924 | €13,426 | -€2,497 | -15.7% |
| Recurring financial charges | 65 | €15,924 | €13,426 | -€2,497 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €21,510 | -€39,472 | -€60,982 | |
| Income taxes | 67/77 | €13 | €170 | +€157 | +1,178% |
| Profit (loss) for the period | 9904 | €21,496 | -€39,642 | -€61,138 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,496 | -€39,642 | -€61,138 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.