MAEVA B.: 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.
MAEVA B.
Largest movements
- Receivables within one year -€4,900
no longer reported in 2025 (was €4,900)
- Other debts +€75,114
up €75,114 (+49.9%), from €150,381 to €225,495
- Debts after one year -€60,000
no longer reported in 2025 (was €60,000)
- Profit (loss) carried forward -€17,725
down €17,725 (-8.3%), from -€214,615 to -€232,340
- Accrued charges and deferred income -€1,827
no longer reported in 2025 (was €1,827)
- Depreciation -€10,834
down €10,834 (-98.2%), from €11,034 to €200
- Gross operating margin +€5,069
up €5,069, from -€3,152 to €1,917
- Financial charges +€4,661
up €4,661 (+892.9%), from €522 to €5,183
- Other operating charges +€343
up €343 (+10.8%), from €3,184 to €3,527
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,826 | €87,177 | -€4,649 | -5.1% |
| Fixed assets | 21/28 | €86,912 | €86,512 | -€400 | -0.5% |
| Intangible fixed assets | 21 | €700 | €300 | -€400 | -57.1% |
| Tangible fixed assets | 22/27 | €86,212 | €86,212 | = | 0.0% |
| Land and buildings | 22 | €86,212 | €86,212 | = | 0.0% |
| Current assets | 29/58 | €4,914 | €665 | -€4,249 | -86.5% |
| Amounts receivable within one year | 40/41 | €4,900 | - | -€4,900 | |
| Other amounts receivable | 41 | €4,900 | - | -€4,900 | |
| Cash at bank and in hand | 54/58 | €14 | €665 | +€651 | +4650.0% |
| Total equity and liabilities | 10/49 | €91,826 | €87,177 | -€4,649 | -5.1% |
| Equity | 10/15 | -€140,593 | -€158,318 | -€17,725 | -12.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €12,049 | €12,049 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,198 | €6,198 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,198 | €6,198 | = | 0.0% |
| Distributable reserves | 133 | €5,851 | €5,851 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€214,615 | -€232,340 | -€17,725 | -8.3% |
| Amounts payable | 17/49 | €232,419 | €245,495 | +€13,076 | +5.6% |
| Amounts payable after more than one year | 17 | €60,000 | - | -€60,000 | |
| Financial debts | 170/4 | €60,000 | - | -€60,000 | |
| Amounts payable within one year | 42/48 | €170,592 | €245,495 | +€74,903 | +43.9% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €20,000 | = | 0.0% |
| Trade debts | 44 | €211 | - | -€211 | |
| Suppliers | 440/4 | €211 | - | -€211 | |
| Other amounts payable | 47/48 | €150,381 | €225,495 | +€75,114 | +49.9% |
| Accrued charges and deferred income | 492/3 | €1,827 | - | -€1,827 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,034 | €200 | -€10,834 | -98.2% |
| Other operating charges | 640/8 | €3,184 | €3,527 | +€343 | +10.8% |
| Gross operating margin | 9900 | -€3,152 | €1,917 | +€5,069 | |
| Operating profit (loss) | 9901 | -€17,370 | -€1,810 | +€15,560 | +89.6% |
| Financial charges | 65/66B | €522 | €5,183 | +€4,661 | +892.9% |
| Recurring financial charges | 65 | €522 | €5,183 | +€4,661 | +892.9% |
| Profit (loss) for the period before taxes | 9903 | -€17,892 | -€6,993 | +€10,899 | +60.9% |
| Profit (loss) for the period | 9904 | -€17,892 | -€6,993 | +€10,899 | +60.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,892 | -€6,993 | +€10,899 | +60.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.