MAELIS: 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.
MAELIS
Largest movements
- Cash -€4,397
down €4,397 (-47.8%), from €9,193 to €4,796
mainly Trade debts (-€6,286) and Net result for the year (-€1,825)
- Deferred charges and accrued income -€1,181
down €1,181 (-63.1%), from €1,870 to €689
- Tangible fixed assets +€740
new in 2024: €740
- Trade debts -€6,286
down €6,286 (-12.1%), from €51,740 to €45,454
of which Bills of exchange payable: -€31,035
- Tax, wage and social debts +€3,860
up €3,860 (+14.7%), from €26,344 to €30,205
of which Remuneration and social security: +€5,874
- Profit (loss) carried forward -€1,825
down €1,825 (-1.6%), from -€113,882 to -€115,707
- Other debts -€587
down €587 (-1.1%), from €52,911 to €52,324
- Gross operating margin +€35,649
up €35,649 (+229.4%), from €15,541 to €51,190
- Staff costs -€5,006
down €5,006 (-9.5%), from €52,953 to €47,946
- Other operating charges +€1,589
up €1,589 (+125.7%), from €1,264 to €2,852
- Financial charges -€1,254
down €1,254 (-46.0%), from €2,724 to €1,470
- Taxes +€528
new in 2024: €528
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,613 | €19,775 | -€4,838 | -19.7% |
| Fixed assets | 21/28 | €13,550 | €14,290 | +€740 | +5.5% |
| Tangible fixed assets | 22/27 | - | €740 | +€740 | |
| Furniture and vehicles | 24 | - | €740 | +€740 | |
| Financial fixed assets | 28 | €13,550 | €13,550 | = | 0.0% |
| Current assets | 29/58 | €11,063 | €5,485 | -€5,578 | -50.4% |
| Cash at bank and in hand | 54/58 | €9,193 | €4,796 | -€4,397 | -47.8% |
| Deferred charges and accrued income | 490/1 | €1,870 | €689 | -€1,181 | -63.1% |
| Total equity and liabilities | 10/49 | €24,613 | €19,775 | -€4,838 | -19.7% |
| Equity | 10/15 | -€106,382 | -€108,207 | -€1,825 | -1.7% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Capital | 10 | - | €7,500 | +€7,500 | |
| Issued capital | 100 | - | €7,500 | +€7,500 | |
| Outside capital | 11 | €7,500 | - | -€7,500 | |
| Other | 1109/19 | €7,500 | - | -€7,500 | |
| Profit (loss) carried forward | 14 | -€113,882 | -€115,707 | -€1,825 | -1.6% |
| Amounts payable | 17/49 | €130,995 | €127,982 | -€3,013 | -2.3% |
| Amounts payable within one year | 42/48 | €130,995 | €127,982 | -€3,013 | -2.3% |
| Trade debts | 44 | €51,740 | €45,454 | -€6,286 | -12.1% |
| Suppliers | 440/4 | €10,445 | €35,194 | +€24,749 | +236.9% |
| Bills of exchange payable | 441 | €41,294 | €10,260 | -€31,035 | -75.2% |
| Taxes, remuneration and social security | 45 | €26,344 | €30,205 | +€3,860 | +14.7% |
| Taxes | 450/3 | €24,120 | €22,106 | -€2,013 | -8.3% |
| Remuneration and social security | 454/9 | €2,225 | €8,098 | +€5,874 | +264.0% |
| Other amounts payable | 47/48 | €52,911 | €52,324 | -€587 | -1.1% |
| Remuneration, social security and pensions | 62 | €52,953 | €47,946 | -€5,006 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €218 | +€218 | |
| Other operating charges | 640/8 | €1,264 | €2,852 | +€1,589 | +125.7% |
| Gross operating margin | 9900 | €15,541 | €51,190 | +€35,649 | +229.4% |
| Operating profit (loss) | 9901 | -€38,675 | €173 | +€38,848 | |
| Financial charges | 65/66B | €2,724 | €1,470 | -€1,254 | -46.0% |
| Recurring financial charges | 65 | €2,724 | €1,470 | -€1,254 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | -€41,399 | -€1,297 | +€40,102 | +96.9% |
| Income taxes | 67/77 | - | €528 | +€528 | |
| Profit (loss) for the period | 9904 | -€41,399 | -€1,825 | +€39,574 | +95.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,399 | -€1,825 | +€39,574 | +95.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.