MAIDAN B: 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.
MAIDAN B
Largest movements
- Cash +€10,451
up €10,451 (+74.8%), from €13,966 to €24,417
mainly Net result for the year (+€6,724) and Trade debts (+€4,970)
- Stocks and contracts +€3,456
up €3,456 (+329%), from €1,050 to €4,506
- Receivables within one year +€742
up €742 (+724%), from €103 to €845
- Profit (loss) carried forward +€6,724
up €6,724 (+121%), from €5,571 to €12,295
- Trade debts +€4,970
up €4,970 (+123%), from €4,053 to €9,023
- Tax, wage and social debts +€2,955
up €2,955 (+118%), from €2,495 to €5,450
of which Taxes: +€2,181
- Purchases and services +€343,814
up €343,814 (+195%), from €176,075 to €519,889
- Turnover +€329,948
up €329,948 (+159%), from €207,124 to €537,072
- Gross operating margin +€10,212
up €10,212 (+147%), from €6,971 to €17,183
- Staff costs +€6,024
new in 2025: €6,024
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 | €15,119 | €29,768 | +€14,649 | +96.9% |
| Current assets | 29/58 | €15,119 | €29,768 | +€14,649 | +96.9% |
| Stocks and contracts in progress | 3 | €1,050 | €4,506 | +€3,456 | +329% |
| Stocks | 30/36 | €1,050 | €4,506 | +€3,456 | +329% |
| Amounts receivable within one year | 40/41 | €103 | €845 | +€742 | +724% |
| Other amounts receivable | 41 | €103 | €845 | +€742 | +724% |
| Cash at bank and in hand | 54/58 | €13,966 | €24,417 | +€10,451 | +74.8% |
| Total equity and liabilities | 10/49 | €15,119 | €29,768 | +€14,649 | +96.9% |
| Equity | 10/15 | €8,571 | €15,295 | +€6,724 | +78.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,571 | €12,295 | +€6,724 | +121% |
| Amounts payable | 17/49 | €6,548 | €14,473 | +€7,925 | +121% |
| Amounts payable within one year | 42/48 | €6,548 | €14,473 | +€7,925 | +121% |
| Trade debts | 44 | €4,053 | €9,023 | +€4,970 | +123% |
| Suppliers | 440/4 | €4,053 | €9,023 | +€4,970 | +123% |
| Taxes, remuneration and social security | 45 | €2,495 | €5,450 | +€2,955 | +118% |
| Taxes | 450/3 | €1,453 | €3,634 | +€2,181 | +150% |
| Remuneration and social security | 454/9 | €1,042 | €1,816 | +€774 | +74.3% |
| Turnover | 70 | €207,124 | €537,072 | +€329,948 | +159% |
| Goods, raw materials, services and sundry goods | 60/61 | €176,075 | €519,889 | +€343,814 | +195% |
| Remuneration, social security and pensions | 62 | - | €6,024 | +€6,024 | |
| Other operating charges | 640/8 | - | €2,191 | +€2,191 | |
| Gross operating margin | 9900 | €6,971 | €17,183 | +€10,212 | +147% |
| Operating profit (loss) | 9901 | €6,971 | €8,968 | +€1,997 | +28.7% |
| Financial charges | 65/66B | €7 | €2 | -€5 | -72.5% |
| Recurring financial charges | 65 | €7 | €2 | -€5 | -72.5% |
| Profit (loss) for the period before taxes | 9903 | €6,963 | €8,966 | +€2,003 | +28.8% |
| Income taxes | 67/77 | €1,393 | €2,242 | +€849 | +61.0% |
| Profit (loss) for the period | 9904 | €5,571 | €6,724 | +€1,153 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,571 | €6,724 | +€1,153 | +20.7% |
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 21 October 2026 via checked.be.