MAIA.T: 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.
MAIA.T
Largest movements
- Receivables within one year -€5,764
down €5,764 (-35.3%), from €16,308 to €10,544
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€48,846
up €48,846 (+95.2%), from -€51,335 to -€2,489
- Other operating charges -€527
down €527 (-52.8%), from €998 to €471
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 | €336,269 | €329,983 | -€6,286 | -1.9% |
| Fixed assets | 21/28 | €250,000 | €250,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €250,000 | €250,000 | = | 0.0% |
| Land and buildings | 22 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €86,269 | €79,983 | -€6,286 | -7.3% |
| Stocks and contracts in progress | 3 | €69,222 | €69,222 | = | 0.0% |
| Stocks | 30/36 | €69,222 | €69,222 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,308 | €10,544 | -€5,764 | -35.3% |
| Other amounts receivable | 41 | €16,308 | €10,544 | -€5,764 | -35.3% |
| Cash at bank and in hand | 54/58 | €599 | €91 | -€508 | -84.8% |
| Deferred charges and accrued income | 490/1 | €140 | €125 | -€14 | -10.2% |
| Total equity and liabilities | 10/49 | €336,269 | €329,983 | -€6,286 | -1.9% |
| Equity | 10/15 | -€231,386 | -€234,679 | -€3,293 | -1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,900 | €23,900 | = | 0.0% |
| Distributable reserves | 133 | €23,900 | €23,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€273,886 | -€277,179 | -€3,293 | -1.2% |
| Amounts payable | 17/49 | €567,655 | €564,662 | -€2,993 | -0.5% |
| Amounts payable after more than one year | 17 | €565,000 | €564,000 | -€1,000 | -0.2% |
| Other amounts payable | 178/9 | €565,000 | €564,000 | -€1,000 | -0.2% |
| Amounts payable within one year | 42/48 | €2,655 | €662 | -€1,993 | -75.1% |
| Trade debts | 44 | €908 | €90 | -€818 | -90.1% |
| Suppliers | 440/4 | €908 | €90 | -€818 | -90.1% |
| Other amounts payable | 47/48 | €1,747 | €572 | -€1,175 | -67.2% |
| Non-recurring operating income | 76A | €3,110 | - | -€3,110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230 | - | -€230 | |
| Other operating charges | 640/8 | €998 | €471 | -€527 | -52.8% |
| Gross operating margin | 9900 | -€51,335 | -€2,489 | +€48,846 | +95.2% |
| Operating profit (loss) | 9901 | -€52,562 | -€2,960 | +€49,602 | +94.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €169 | €333 | +€164 | +96.6% |
| Recurring financial charges | 65 | €169 | €333 | +€164 | +96.6% |
| Profit (loss) for the period before taxes | 9903 | -€52,732 | -€3,293 | +€49,439 | +93.8% |
| Profit (loss) for the period | 9904 | -€52,732 | -€3,293 | +€49,439 | +93.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,732 | -€3,293 | +€49,439 | +93.8% |
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 19 October 2026 via checked.be.