MAE Link Consult: what changed
Two fiscal 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.
MAE Link Consult
Largest movements
- Cash +€4,837
up €4,837 (+27.2%), from €17,761 to €22,599
mainly Tax, wage and social debts (+€7,071) and Receivables within one year (+€602)
- Receivables within one year -€602
down €602 (-2.3%), from €26,217 to €25,615
of which Other amounts receivable: -€6,830
- Tax, wage and social debts +€7,071
up €7,071 (+189.3%), from €3,736 to €10,806
- Profit (loss) carried forward -€2,762
down €2,762, from €561 to -€2,201
- Gross operating margin -€31,399
down €31,399, from €29,439 to -€1,960
- Taxes -€1,644
down €1,644 (-92.6%), from €1,776 to €132
- Other operating charges +€771
new in 2025: €771
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.
Cash bridge derived
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 | €45,459 | €49,536 | +€4,077 | +9.0% |
| Fixed assets | 21/28 | €1,481 | €1,183 | -€298 | -20.1% |
| Tangible fixed assets | 22/27 | €1,481 | €1,183 | -€298 | -20.1% |
| Furniture and vehicles | 24 | €1,481 | €1,183 | -€298 | -20.1% |
| Current assets | 29/58 | €43,978 | €48,353 | +€4,375 | +9.9% |
| Amounts receivable within one year | 40/41 | €26,217 | €25,615 | -€602 | -2.3% |
| Trade receivables | 40 | €8,168 | €14,396 | +€6,228 | +76.3% |
| Other amounts receivable | 41 | €18,049 | €11,219 | -€6,830 | -37.8% |
| Cash at bank and in hand | 54/58 | €17,761 | €22,599 | +€4,837 | +27.2% |
| Deferred charges and accrued income | 490/1 | - | €140 | +€140 | |
| Total equity and liabilities | 10/49 | €45,459 | €49,536 | +€4,077 | +9.0% |
| Equity | 10/15 | €40,561 | €37,799 | -€2,762 | -6.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €36,000 | €36,000 | = | 0.0% |
| Distributable reserves | 133 | €36,000 | €36,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €561 | -€2,201 | -€2,762 | |
| Amounts payable | 17/49 | €4,898 | €11,737 | +€6,839 | +139.6% |
| Amounts payable within one year | 42/48 | €4,898 | €11,737 | +€6,839 | +139.6% |
| Trade debts | 44 | €1,163 | €931 | -€232 | -19.9% |
| Suppliers | 440/4 | €1,163 | €931 | -€232 | -19.9% |
| Taxes, remuneration and social security | 45 | €3,736 | €10,806 | +€7,071 | +189.3% |
| Taxes | 450/3 | €3,736 | €10,806 | +€7,071 | +189.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11 | €298 | +€288 | +2714.2% |
| Other operating charges | 640/8 | - | €771 | +€771 | |
| Gross operating margin | 9900 | €29,439 | -€1,960 | -€31,399 | |
| Operating profit (loss) | 9901 | €29,428 | -€3,029 | -€32,458 | |
| Financial income | 75/76B | €628 | €541 | -€88 | -14.0% |
| Recurring financial income | 75 | €628 | €541 | -€88 | -14.0% |
| Financial charges | 65/66B | €126 | €141 | +€15 | +12.2% |
| Recurring financial charges | 65 | €126 | €141 | +€15 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €29,931 | -€2,630 | -€32,561 | |
| Income taxes | 67/77 | €1,776 | €132 | -€1,644 | -92.6% |
| Profit (loss) for the period | 9904 | €28,155 | -€2,762 | -€30,917 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,155 | -€2,762 | -€30,917 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.