Maeve: 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.
Maeve
Largest movements
- Cash -€6,225
down €6,225 (-64.1%), from €9,714 to €3,489
mainly Other debts (-€4,868) and Investment in fixed assets (net) (-€2,604)
- Intangible fixed assets -€3,112
down €3,112 (-16.8%), from €18,519 to €15,407
- Tangible fixed assets +€1,755
up €1,755 (+422.5%), from €415 to €2,171
of which Furniture and vehicles: +€2,038
- Deferred charges and accrued income -€1,048
down €1,048 (-41.3%), from €2,537 to €1,489
- Receivables within one year -€945
down €945 (-100.0%), from €945 to €0
- Other debts -€4,868
down €4,868 (-16.6%), from €29,245 to €24,377
- Accrued charges and deferred income -€2,431
down €2,431 (-34.4%), from €7,065 to €4,633
- Profit (loss) carried forward -€1,606
down €1,606 (-6.3%), from -€25,319 to -€26,925
- Tax, wage and social debts -€389
down €389 (-31.1%), from €1,250 to €861
- Gross operating margin -€10,174
down €10,174 (-77.2%), from €13,176 to €3,002
- Depreciation +€566
up €566 (+16.7%), from €3,394 to €3,961
- Other operating charges +€429
up €429 (+299.7%), from €143 to €572
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 | €32,132 | €22,556 | -€9,575 | -29.8% |
| Fixed assets | 21/28 | €18,935 | €17,578 | -€1,357 | -7.2% |
| Intangible fixed assets | 21 | €18,519 | €15,407 | -€3,112 | -16.8% |
| Tangible fixed assets | 22/27 | €415 | €2,171 | +€1,755 | +422.5% |
| Plant, machinery and equipment | 23 | €415 | €133 | -€282 | -68.0% |
| Furniture and vehicles | 24 | - | €2,038 | +€2,038 | |
| Current assets | 29/58 | €13,197 | €4,978 | -€8,218 | -62.3% |
| Amounts receivable within one year | 40/41 | €945 | €0 | -€945 | -100.0% |
| Trade receivables | 40 | €945 | €0 | -€945 | -100.0% |
| Cash at bank and in hand | 54/58 | €9,714 | €3,489 | -€6,225 | -64.1% |
| Deferred charges and accrued income | 490/1 | €2,537 | €1,489 | -€1,048 | -41.3% |
| Total equity and liabilities | 10/49 | €32,132 | €22,556 | -€9,575 | -29.8% |
| Equity | 10/15 | -€20,819 | -€22,425 | -€1,606 | -7.7% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,319 | -€26,925 | -€1,606 | -6.3% |
| Amounts payable | 17/49 | €52,950 | €44,982 | -€7,969 | -15.0% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Financial debts | 170/4 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €30,886 | €25,349 | -€5,537 | -17.9% |
| Trade debts | 44 | €391 | €111 | -€280 | -71.5% |
| Suppliers | 440/4 | €391 | €111 | -€280 | -71.5% |
| Taxes, remuneration and social security | 45 | €1,250 | €861 | -€389 | -31.1% |
| Taxes | 450/3 | €1,250 | €861 | -€389 | -31.1% |
| Other amounts payable | 47/48 | €29,245 | €24,377 | -€4,868 | -16.6% |
| Accrued charges and deferred income | 492/3 | €7,065 | €4,633 | -€2,431 | -34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,394 | €3,961 | +€566 | +16.7% |
| Other operating charges | 640/8 | €143 | €572 | +€429 | +299.7% |
| Gross operating margin | 9900 | €13,176 | €3,002 | -€10,174 | -77.2% |
| Operating profit (loss) | 9901 | €9,638 | -€1,531 | -€11,169 | |
| Financial income | 75/76B | €7 | €0 | -€7 | -97.7% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -97.7% |
| Financial charges | 65/66B | €70 | €75 | +€6 | +8.3% |
| Recurring financial charges | 65 | €70 | €75 | +€6 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €9,575 | -€1,606 | -€11,182 | |
| Profit (loss) for the period | 9904 | €9,575 | -€1,606 | -€11,182 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,575 | -€1,606 | -€11,182 |
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 12 October 2026 via checked.be.