MAITE ALLIANCE: 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.
MAITE ALLIANCE
Largest movements
- Receivables within one year +€17,548
up €17,548 (+190%), from €9,249 to €26,797
- Cash -€9,641
down €9,641 (-68.8%), from €14,006 to €4,365
mainly Receivables within one year (-€17,548) and Tax, wage and social debts (-€10,323)
- Deferred charges and accrued income +€4,976
up €4,976 (+29.6%), from €16,804 to €21,780
- Tangible fixed assets +€4,341
up €4,341 (+162%), from €2,683 to €7,025
of which Plant, machinery and equipment: +€4,007
- Profit (loss) carried forward +€28,852
up €28,852 (+105%), from €27,428 to €56,279
- Tax, wage and social debts -€10,323
down €10,323 (-100%), from €10,323 to €0
of which Taxes: -€9,323
- Trade debts -€1,304
down €1,304 (-26.1%), from €4,990 to €3,686
- Taxes -€1,453
down €1,453 (-15.6%), from €9,323 to €7,870
- Gross operating margin -€1,124
down €1,124 (-3.0%), from €37,899 to €36,775
- Financial income +€1,094
new in 2024: €1,094
- Depreciation -€695
down €695 (-61.6%), from €1,129 to €434
- Other operating charges +€387
new in 2024: €387
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,742 | €59,967 | +€17,225 | +40.3% |
| Fixed assets | 21/28 | €2,683 | €7,025 | +€4,341 | +162% |
| Tangible fixed assets | 22/27 | €2,683 | €7,025 | +€4,341 | +162% |
| Plant, machinery and equipment | 23 | - | €4,007 | +€4,007 | |
| Furniture and vehicles | 24 | €2,683 | €3,017 | +€334 | +12.5% |
| Current assets | 29/58 | €40,058 | €52,942 | +€12,884 | +32.2% |
| Amounts receivable within one year | 40/41 | €9,249 | €26,797 | +€17,548 | +190% |
| Other amounts receivable | 41 | €9,249 | €26,797 | +€17,548 | +190% |
| Cash at bank and in hand | 54/58 | €14,006 | €4,365 | -€9,641 | -68.8% |
| Deferred charges and accrued income | 490/1 | €16,804 | €21,780 | +€4,976 | +29.6% |
| Total equity and liabilities | 10/49 | €42,742 | €59,967 | +€17,225 | +40.3% |
| Equity | 10/15 | €27,429 | €56,280 | +€28,852 | +105% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,428 | €56,279 | +€28,852 | +105% |
| Amounts payable | 17/49 | €15,313 | €3,686 | -€11,627 | -75.9% |
| Amounts payable within one year | 42/48 | €15,313 | €3,686 | -€11,627 | -75.9% |
| Trade debts | 44 | €4,990 | €3,686 | -€1,304 | -26.1% |
| Suppliers | 440/4 | €4,990 | €3,686 | -€1,304 | -26.1% |
| Taxes, remuneration and social security | 45 | €10,323 | €0 | -€10,323 | -100% |
| Taxes | 450/3 | €9,323 | €0 | -€9,323 | -100% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,129 | €434 | -€695 | -61.6% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €37,899 | €36,775 | -€1,124 | -3.0% |
| Operating profit (loss) | 9901 | €36,770 | €35,954 | -€816 | -2.2% |
| Financial income | 75/76B | - | €1,094 | +€1,094 | |
| Recurring financial income | 75 | - | €1,094 | +€1,094 | |
| Financial charges | 65/66B | €20 | €327 | +€307 | +1,539% |
| Recurring financial charges | 65 | €20 | €327 | +€307 | +1,539% |
| Profit (loss) for the period before taxes | 9903 | €36,751 | €36,722 | -€29 | -0.1% |
| Income taxes | 67/77 | €9,323 | €7,870 | -€1,453 | -15.6% |
| Profit (loss) for the period | 9904 | €27,428 | €28,852 | +€1,424 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,428 | €28,852 | +€1,424 | +5.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.