Maisha Consulting: 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.
Maisha Consulting
Largest movements
- Current investments +€120,000
up €120,000 (+10.2%), from €1.2m to €1.3m
- Cash -€83,681
down €83,681 (-40.3%), from €207,585 to €123,904
mainly Current investments (-€120,000) and Other debts (-€104,284)
- Reserves +€147,796
up €147,796 (+12.2%), from €1.2m to €1.4m
- Other debts -€104,284
down €104,284 (-64.2%), from €162,456 to €58,172
- Gross operating margin +€25,268
up €25,268 (+12.1%), from €208,493 to €233,761
- Taxes +€7,020
up €7,020 (+12.0%), from €58,624 to €65,644
- Financial charges +€3,169
up €3,169 (+212%), from €1,493 to €4,661
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 | €1,463,051 | €1,480,759 | +€17,708 | +1.2% |
| Fixed assets | 21/28 | €42,685 | €28,772 | -€13,912 | -32.6% |
| Tangible fixed assets | 22/27 | €42,685 | €28,772 | -€13,912 | -32.6% |
| Land and buildings | 22 | €11,015 | €8,931 | -€2,084 | -18.9% |
| Plant, machinery and equipment | 23 | €3,827 | €4,701 | +€873 | +22.8% |
| Furniture and vehicles | 24 | €27,842 | €15,141 | -€12,701 | -45.6% |
| Current assets | 29/58 | €1,420,367 | €1,451,987 | +€31,620 | +2.2% |
| Amounts receivable within one year | 40/41 | €37,497 | €34,227 | -€3,270 | -8.7% |
| Trade receivables | 40 | €32,844 | €32,055 | -€789 | -2.4% |
| Other amounts receivable | 41 | €4,654 | €2,172 | -€2,482 | -53.3% |
| Current investments | 50/53 | €1,172,673 | €1,292,673 | +€120,000 | +10.2% |
| Cash at bank and in hand | 54/58 | €207,585 | €123,904 | -€83,681 | -40.3% |
| Deferred charges and accrued income | 490/1 | €2,611 | €1,183 | -€1,428 | -54.7% |
| Total equity and liabilities | 10/49 | €1,463,051 | €1,480,759 | +€17,708 | +1.2% |
| Equity | 10/15 | €1,230,613 | €1,378,409 | +€147,796 | +12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,212,013 | €1,359,809 | +€147,796 | +12.2% |
| Distributable reserves | 133 | €1,212,013 | €1,359,809 | +€147,796 | +12.2% |
| Amounts payable | 17/49 | €232,438 | €102,350 | -€130,088 | -56.0% |
| Amounts payable after more than one year | 17 | €12,844 | €1,845 | -€10,999 | -85.6% |
| Financial debts | 170/4 | €12,844 | €1,845 | -€10,999 | -85.6% |
| Amounts payable within one year | 42/48 | €219,595 | €100,505 | -€119,089 | -54.2% |
| Current portion of amounts payable after more than one year | 42 | €10,875 | €10,999 | +€124 | +1.1% |
| Financial debts | 43 | €16,906 | €16,828 | -€77 | -0.5% |
| Credit institutions | 430/8 | €16,906 | €16,828 | -€77 | -0.5% |
| Trade debts | 44 | €6,002 | €3,738 | -€2,264 | -37.7% |
| Suppliers | 440/4 | €6,002 | €3,738 | -€2,264 | -37.7% |
| Taxes, remuneration and social security | 45 | €23,357 | €10,768 | -€12,589 | -53.9% |
| Taxes | 450/3 | €23,357 | €10,768 | -€12,589 | -53.9% |
| Other amounts payable | 47/48 | €162,456 | €58,172 | -€104,284 | -64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,273 | €16,349 | +€76 | +0.5% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €208,493 | €233,761 | +€25,268 | +12.1% |
| Operating profit (loss) | 9901 | €191,252 | €216,413 | +€25,161 | +13.2% |
| Financial income | 75/76B | €1,640 | €1,689 | +€49 | +3.0% |
| Recurring financial income | 75 | €1,640 | €1,689 | +€49 | +3.0% |
| Financial charges | 65/66B | €1,493 | €4,661 | +€3,169 | +212% |
| Recurring financial charges | 65 | €1,493 | €4,661 | +€3,169 | +212% |
| Profit (loss) for the period before taxes | 9903 | €191,399 | €213,440 | +€22,041 | +11.5% |
| Income taxes | 67/77 | €58,624 | €65,644 | +€7,020 | +12.0% |
| Profit (loss) for the period | 9904 | €132,775 | €147,796 | +€15,021 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €132,775 | €147,796 | +€15,021 | +11.3% |
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.