Maarten Mostmans: 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.
Maarten Mostmans
Largest movements
- Cash +€55,009
up €55,009 (+23.4%), from €235,262 to €290,271
mainly Net result for the year (+€199,514) and Other debts (+€29,908)
- Tangible fixed assets -€12,953
down €12,953 (-91.3%), from €14,190 to €1,237
- Other debts +€29,908
up €29,908 (+17.6%), from €170,092 to €200,000
- Tax, wage and social debts +€12,911
up €12,911 (+40.3%), from €32,018 to €44,930
- Gross operating margin +€38,935
up €38,935 (+16.5%), from €235,990 to €274,925
- Taxes +€9,628
up €9,628 (+18.7%), from €51,407 to €61,034
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 | €249,453 | €291,603 | +€42,150 | +16.9% |
| Fixed assets | 21/28 | €14,190 | €1,237 | -€12,953 | -91.3% |
| Tangible fixed assets | 22/27 | €14,190 | €1,237 | -€12,953 | -91.3% |
| Furniture and vehicles | 24 | €14,190 | €1,237 | -€12,953 | -91.3% |
| Current assets | 29/58 | €235,262 | €290,366 | +€55,103 | +23.4% |
| Amounts receivable within one year | 40/41 | - | €95 | +€95 | |
| Other amounts receivable | 41 | - | €95 | +€95 | |
| Cash at bank and in hand | 54/58 | €235,262 | €290,271 | +€55,009 | +23.4% |
| Total equity and liabilities | 10/49 | €249,453 | €291,603 | +€42,150 | +16.9% |
| Equity | 10/15 | €46,689 | €46,203 | -€486 | -1.0% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,284 | €798 | -€486 | -37.9% |
| Amounts payable | 17/49 | €202,764 | €245,400 | +€42,636 | +21.0% |
| Amounts payable within one year | 42/48 | €202,764 | €245,400 | +€42,636 | +21.0% |
| Trade debts | 44 | €654 | €471 | -€183 | -28.0% |
| Suppliers | 440/4 | €654 | €471 | -€183 | -28.0% |
| Taxes, remuneration and social security | 45 | €32,018 | €44,930 | +€12,911 | +40.3% |
| Taxes | 450/3 | €32,018 | €44,930 | +€12,911 | +40.3% |
| Other amounts payable | 47/48 | €170,092 | €200,000 | +€29,908 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,953 | €12,953 | = | 0.0% |
| Other operating charges | 640/8 | €487 | €1,300 | +€813 | +167% |
| Gross operating margin | 9900 | €235,990 | €274,925 | +€38,935 | +16.5% |
| Operating profit (loss) | 9901 | €222,550 | €260,672 | +€38,122 | +17.1% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €116 | €124 | +€8 | +6.8% |
| Recurring financial charges | 65 | €116 | €124 | +€8 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €222,434 | €260,548 | +€38,114 | +17.1% |
| Income taxes | 67/77 | €51,407 | €61,034 | +€9,628 | +18.7% |
| Profit (loss) for the period | 9904 | €171,027 | €199,514 | +€28,487 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €171,027 | €199,514 | +€28,487 | +16.7% |
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 17 October 2026 via checked.be.