MAAR ARCHITECTS: 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.
MAAR ARCHITECTS
Largest movements
- Receivables within one year +€12,374
up €12,374 (+19.7%), from €62,761 to €75,135
of which Other amounts receivable: +€12,227
- Cash +€10,160
up €10,160 (+12.8%), from €79,264 to €89,424
mainly Net result for the year (+€43,251) and Tax, wage and social debts (+€4,969)
- Deferred charges and accrued income +€2,112
new in 2025: €2,112
- Profit (loss) carried forward +€23,404
up €23,404 (+22.0%), from €106,511 to €129,915
- Current portion of long-term debt -€16,714
down €16,714 (-100%), from €16,714 to €0
- Reserves +€16,500
up €16,500 (+558%), from €2,955 to €19,455
- Tax, wage and social debts +€4,969
up €4,969 (+47.7%), from €10,416 to €15,385
- Trade debts -€3,513
down €3,513 (-100%), from €3,513 to €0
- Gross operating margin +€10,989
up €10,989 (+25.1%), from €43,822 to €54,810
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 | €142,026 | €166,671 | +€24,646 | +17.4% |
| Current assets | 29/58 | €142,026 | €166,671 | +€24,646 | +17.4% |
| Amounts receivable within one year | 40/41 | €62,761 | €75,135 | +€12,374 | +19.7% |
| Trade receivables | 40 | €10,691 | €10,838 | +€147 | +1.4% |
| Other amounts receivable | 41 | €52,071 | €64,298 | +€12,227 | +23.5% |
| Cash at bank and in hand | 54/58 | €79,264 | €89,424 | +€10,160 | +12.8% |
| Deferred charges and accrued income | 490/1 | - | €2,112 | +€2,112 | |
| Total equity and liabilities | 10/49 | €142,026 | €166,671 | +€24,646 | +17.4% |
| Equity | 10/15 | €110,967 | €150,870 | +€39,904 | +36.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €2,955 | €19,455 | +€16,500 | +558% |
| Distributable reserves | 133 | €2,955 | €19,455 | +€16,500 | +558% |
| Profit (loss) carried forward | 14 | €106,511 | €129,915 | +€23,404 | +22.0% |
| Amounts payable | 17/49 | €31,059 | €15,801 | -€15,258 | -49.1% |
| Amounts payable within one year | 42/48 | €30,643 | €15,385 | -€15,258 | -49.8% |
| Current portion of amounts payable after more than one year | 42 | €16,714 | €0 | -€16,714 | -100% |
| Trade debts | 44 | €3,513 | €0 | -€3,513 | -100% |
| Suppliers | 440/4 | €3,513 | €0 | -€3,513 | -100% |
| Taxes, remuneration and social security | 45 | €10,416 | €15,385 | +€4,969 | +47.7% |
| Taxes | 450/3 | €10,416 | €15,385 | +€4,969 | +47.7% |
| Accrued charges and deferred income | 492/3 | €416 | €416 | = | 0.0% |
| Other operating charges | 640/8 | €561 | €699 | +€138 | +24.6% |
| Gross operating margin | 9900 | €43,822 | €54,810 | +€10,989 | +25.1% |
| Operating profit (loss) | 9901 | €43,261 | €54,111 | +€10,851 | +25.1% |
| Financial income | 75/76B | €0 | €44 | +€44 | +14,148% |
| Recurring financial income | 75 | €0 | €44 | +€44 | +14,148% |
| Financial charges | 65/66B | €234 | €514 | +€280 | +120% |
| Recurring financial charges | 65 | €234 | €514 | +€280 | +120% |
| Profit (loss) for the period before taxes | 9903 | €43,027 | €53,641 | +€10,614 | +24.7% |
| Income taxes | 67/77 | €10,000 | €10,390 | +€390 | +3.9% |
| Profit (loss) for the period | 9904 | €33,027 | €43,251 | +€10,224 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,027 | €43,251 | +€10,224 | +31.0% |
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 23 October 2026 via checked.be.