MAEBE TONY: 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.
MAEBE TONY
Largest movements
- Cash +€102,495
up €102,495 (+689%), from €14,874 to €117,369
mainly Net result for the year (+€73,805) and Current investments (+€22,524)
- Current investments -€22,524
down €22,524 (-3.3%), from €682,284 to €659,760
- Tangible fixed assets -€10,878
down €10,878 (-22.4%), from €48,647 to €37,769
- Reserves +€72,422
up €72,422 (+9.9%), from €732,596 to €805,019
of which Distributable reserves: +€72,422
- Gross operating margin -€15,949
down €15,949 (-14.9%), from €106,816 to €90,866
- Financial income +€11,933
up €11,933 (+105%), from €11,360 to €23,293
- Depreciation -€6,253
down €6,253 (-36.5%), from €17,132 to €10,878
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 | €762,786 | €832,357 | +€69,571 | +9.1% |
| Fixed assets | 21/28 | €48,647 | €37,769 | -€10,878 | -22.4% |
| Tangible fixed assets | 22/27 | €48,647 | €37,769 | -€10,878 | -22.4% |
| Furniture and vehicles | 24 | €48,647 | €37,769 | -€10,878 | -22.4% |
| Current assets | 29/58 | €714,139 | €794,588 | +€80,449 | +11.3% |
| Current investments | 50/53 | €682,284 | €659,760 | -€22,524 | -3.3% |
| Cash at bank and in hand | 54/58 | €14,874 | €117,369 | +€102,495 | +689% |
| Deferred charges and accrued income | 490/1 | €16,981 | €17,459 | +€478 | +2.8% |
| Total equity and liabilities | 10/49 | €762,786 | €832,357 | +€69,571 | +9.1% |
| Equity | 10/15 | €745,276 | €817,416 | +€72,139 | +9.7% |
| Contributions | 10/11 | €12,397 | €12,397 | = | 0.0% |
| Reserves | 13 | €732,596 | €805,019 | +€72,422 | +9.9% |
| Tax-exempt reserves | 132 | €277 | €277 | = | 0.0% |
| Distributable reserves | 133 | €732,319 | €804,742 | +€72,422 | +9.9% |
| Profit (loss) carried forward | 14 | €283 | - | -€283 | |
| Amounts payable | 17/49 | €17,510 | €14,941 | -€2,568 | -14.7% |
| Amounts payable within one year | 42/48 | €17,510 | €14,941 | -€2,568 | -14.7% |
| Trade debts | 44 | €5,350 | €3,000 | -€2,350 | -43.9% |
| Suppliers | 440/4 | €5,350 | €3,000 | -€2,350 | -43.9% |
| Taxes, remuneration and social security | 45 | €10,442 | €8,091 | -€2,351 | -22.5% |
| Taxes | 450/3 | €6,642 | €4,291 | -€2,351 | -35.4% |
| Remuneration and social security | 454/9 | €3,800 | €3,800 | = | 0.0% |
| Other amounts payable | 47/48 | €1,718 | €3,850 | +€2,132 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,132 | €10,878 | -€6,253 | -36.5% |
| Other operating charges | 640/8 | €633 | €1,112 | +€479 | +75.6% |
| Gross operating margin | 9900 | €106,816 | €90,866 | -€15,949 | -14.9% |
| Operating profit (loss) | 9901 | €89,051 | €78,876 | -€10,175 | -11.4% |
| Financial income | 75/76B | €11,360 | €23,293 | +€11,933 | +105% |
| Recurring financial income | 75 | €11,360 | €23,293 | +€11,933 | +105% |
| Financial charges | 65/66B | €90 | €85 | -€6 | -6.1% |
| Recurring financial charges | 65 | €90 | €85 | -€6 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €100,321 | €102,084 | +€1,764 | +1.8% |
| Income taxes | 67/77 | €28,050 | €28,279 | +€229 | +0.8% |
| Profit (loss) for the period | 9904 | €72,271 | €73,805 | +€1,534 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,271 | €73,805 | +€1,534 | +2.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.