MAIOLA IT: 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.
MAIOLA IT
Largest movements
- Cash +€93,137
up €93,137 (+33.0%), from €282,356 to €375,493
mainly Net result for the year (+€93,362) and Tax, wage and social debts (+€4,994)
- Deferred charges and accrued income +€12,765
up €12,765 (+63.2%), from €20,211 to €32,976
- Reserves +€90,000
up €90,000 (+13.0%), from €693,391 to €783,391
- Gross operating margin +€10,873
up €10,873 (+10.3%), from €105,504 to €116,377
- Taxes +€2,323
up €2,323 (+6.8%), from €33,922 to €36,245
- Financial income -€1,418
down €1,418 (-9.3%), from €15,171 to €13,753
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 | €790,163 | €892,280 | +€102,117 | +12.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €1,031 | +€1,031 | |
| Tangible fixed assets | 22/27 | €0 | €1,031 | +€1,031 | |
| Plant, machinery and equipment | 23 | €0 | €1,031 | +€1,031 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €790,163 | €891,249 | +€101,086 | +12.8% |
| Amounts receivable within one year | 40/41 | €27,596 | €22,780 | -€4,816 | -17.5% |
| Trade receivables | 40 | €17,364 | €15,670 | -€1,694 | -9.8% |
| Other amounts receivable | 41 | €10,232 | €7,110 | -€3,122 | -30.5% |
| Current investments | 50/53 | €460,000 | €460,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €282,356 | €375,493 | +€93,137 | +33.0% |
| Deferred charges and accrued income | 490/1 | €20,211 | €32,976 | +€12,765 | +63.2% |
| Total equity and liabilities | 10/49 | €790,163 | €892,280 | +€102,117 | +12.9% |
| Equity | 10/15 | €764,881 | €858,242 | +€93,362 | +12.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €693,391 | €783,391 | +€90,000 | +13.0% |
| Distributable reserves | 133 | €693,391 | €783,391 | +€90,000 | +13.0% |
| Profit (loss) carried forward | 14 | €59,090 | €62,452 | +€3,362 | +5.7% |
| Amounts payable | 17/49 | €25,282 | €34,038 | +€8,756 | +34.6% |
| Amounts payable within one year | 42/48 | €18,381 | €24,145 | +€5,764 | +31.4% |
| Trade debts | 44 | €4,665 | €3,638 | -€1,027 | -22.0% |
| Suppliers | 440/4 | €4,665 | €3,638 | -€1,027 | -22.0% |
| Taxes, remuneration and social security | 45 | €7,063 | €12,058 | +€4,994 | +70.7% |
| Taxes | 450/3 | €3,974 | €8,952 | +€4,978 | +125.3% |
| Remuneration and social security | 454/9 | €3,089 | €3,106 | +€16 | +0.5% |
| Other amounts payable | 47/48 | €6,652 | €8,449 | +€1,797 | +27.0% |
| Accrued charges and deferred income | 492/3 | €6,902 | €9,893 | +€2,991 | +43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €99 | +€99 | |
| Other operating charges | 640/8 | €349 | €359 | +€10 | +2.8% |
| Gross operating margin | 9900 | €105,504 | €116,377 | +€10,873 | +10.3% |
| Operating profit (loss) | 9901 | €105,155 | €115,919 | +€10,764 | +10.2% |
| Financial income | 75/76B | €15,171 | €13,753 | -€1,418 | -9.3% |
| Recurring financial income | 75 | €15,171 | €13,753 | -€1,418 | -9.3% |
| Financial charges | 65/66B | €586 | €66 | -€520 | -88.7% |
| Recurring financial charges | 65 | €586 | €66 | -€520 | -88.7% |
| Profit (loss) for the period before taxes | 9903 | €119,740 | €129,606 | +€9,866 | +8.2% |
| Income taxes | 67/77 | €33,922 | €36,245 | +€2,323 | +6.8% |
| Profit (loss) for the period | 9904 | €85,818 | €93,362 | +€7,544 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €85,818 | €93,362 | +€7,544 | +8.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.