MAISOMA: 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.
MAISOMA
Largest movements
- Receivables within one year -€27,641
down €27,641 (-83.1%), from €33,259 to €5,618
of which Trade receivables: -€22,231
- Cash -€9,686
down €9,686 (-22.6%), from €42,863 to €33,176
mainly Net result for the year (-€46,645) and Tax, wage and social debts (-€9,494)
- Stocks and contracts -€8,218
no longer reported in 2025 (was €8,218)
- Tangible fixed assets -€2,718
no longer reported in 2025 (was €2,718)
- Profit (loss) carried forward -€46,645
down €46,645, from €5,954 to -€40,691
- Tax, wage and social debts -€9,494
down €9,494 (-45.6%), from €20,833 to €11,338
of which Taxes: -€9,795
- Short-term financial debts +€8,000
new in 2025: €8,000
- Gross operating margin -€91,624
down €91,624, from €82,999 to -€8,625
- Financial charges -€38,022
down €38,022 (-99.7%), from €38,154 to €132
of which Non-recurring financial charges: -€38,082
- Taxes -€23,458
no longer reported in 2025 (was €23,458)
- Other operating charges +€18,211
up €18,211 (+300%), from €6,068 to €24,279
- Staff costs -€12,771
down €12,771 (-56.9%), from €22,463 to €9,692
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 | €87,058 | €38,795 | -€48,263 | -55.4% |
| Fixed assets | 21/28 | €2,718 | - | -€2,718 | |
| Tangible fixed assets | 22/27 | €2,718 | - | -€2,718 | |
| Plant, machinery and equipment | 23 | €2,718 | - | -€2,718 | |
| Current assets | 29/58 | €84,340 | €38,795 | -€45,545 | -54.0% |
| Stocks and contracts in progress | 3 | €8,218 | - | -€8,218 | |
| Stocks | 30/36 | €8,218 | - | -€8,218 | |
| Amounts receivable within one year | 40/41 | €33,259 | €5,618 | -€27,641 | -83.1% |
| Trade receivables | 40 | €22,231 | - | -€22,231 | |
| Other amounts receivable | 41 | €11,028 | €5,618 | -€5,410 | -49.1% |
| Cash at bank and in hand | 54/58 | €42,863 | €33,176 | -€9,686 | -22.6% |
| Total equity and liabilities | 10/49 | €87,058 | €38,795 | -€48,263 | -55.4% |
| Equity | 10/15 | €65,954 | €19,309 | -€46,645 | -70.7% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,954 | -€40,691 | -€46,645 | |
| Amounts payable | 17/49 | €21,104 | €19,486 | -€1,618 | -7.7% |
| Amounts payable within one year | 42/48 | €21,104 | €19,486 | -€1,618 | -7.7% |
| Financial debts | 43 | - | €8,000 | +€8,000 | |
| Other loans | 439 | - | €8,000 | +€8,000 | |
| Trade debts | 44 | €271 | €148 | -€123 | -45.5% |
| Suppliers | 440/4 | €271 | €148 | -€123 | -45.5% |
| Taxes, remuneration and social security | 45 | €20,833 | €11,338 | -€9,494 | -45.6% |
| Taxes | 450/3 | €19,694 | €9,899 | -€9,795 | -49.7% |
| Remuneration and social security | 454/9 | €1,139 | €1,439 | +€300 | +26.4% |
| Remuneration, social security and pensions | 62 | €22,463 | €9,692 | -€12,771 | -56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,239 | €3,918 | -€6,322 | -61.7% |
| Other operating charges | 640/8 | €6,068 | €24,279 | +€18,211 | +300% |
| Gross operating margin | 9900 | €82,999 | -€8,625 | -€91,624 | |
| Operating profit (loss) | 9901 | €44,229 | -€46,513 | -€90,742 | |
| Financial income | 75/76B | €1,738 | €0 | -€1,738 | -100.0% |
| Recurring financial income | 75 | €1,738 | €0 | -€1,738 | -100.0% |
| Financial charges | 65/66B | €38,154 | €132 | -€38,022 | -99.7% |
| Recurring financial charges | 65 | €72 | €132 | +€60 | +82.5% |
| Non-recurring financial charges | 66B | €38,082 | - | -€38,082 | |
| Profit (loss) for the period before taxes | 9903 | €7,812 | -€46,645 | -€54,458 | |
| Income taxes | 67/77 | €23,458 | - | -€23,458 | |
| Profit (loss) for the period | 9904 | -€15,645 | -€46,645 | -€31,000 | -198% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,645 | -€46,645 | -€31,000 | -198% |
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 15 October 2026 via checked.be.