MAÏTIA: 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.
MAÏTIA
Largest movements
- Cash -€13,132
down €13,132 (-28.4%), from €46,229 to €33,097
mainly Investment in fixed assets (net) (-€8,850) and Receivables within one year (-€6,123)
- Receivables within one year +€6,123
up €6,123 (+5.7%), from €106,502 to €112,626
of which Other amounts receivable: +€6,205
- Intangible fixed assets +€3,289
up €3,289 (+185%), from €1,782 to €5,071
- Tangible fixed assets +€1,855
up €1,855 (+91.9%), from €2,018 to €3,873
of which Plant, machinery and equipment: +€2,208
- Trade debts -€2,467
down €2,467 (-22.7%), from €10,870 to €8,403
- Tax, wage and social debts +€2,119
up €2,119 (+2.3%), from €93,168 to €95,287
of which Remuneration and social security: +€3,503
- Reserves -€1,663
down €1,663 (-3.2%), from €52,168 to €50,505
- Staff costs +€36,452
up €36,452 (+9.7%), from €375,578 to €412,030
- Gross operating margin +€20,536
up €20,536 (+5.1%), from €401,903 to €422,439
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 | €159,477 | €156,196 | -€3,281 | -2.1% |
| Fixed assets | 21/28 | €3,800 | €8,944 | +€5,144 | +135% |
| Intangible fixed assets | 21 | €1,782 | €5,071 | +€3,289 | +185% |
| Tangible fixed assets | 22/27 | €2,018 | €3,873 | +€1,855 | +91.9% |
| Plant, machinery and equipment | 23 | €1,218 | €3,427 | +€2,208 | +181% |
| Furniture and vehicles | 24 | €799 | €446 | -€353 | -44.2% |
| Current assets | 29/58 | €155,677 | €147,252 | -€8,425 | -5.4% |
| Amounts receivable within one year | 40/41 | €106,502 | €112,626 | +€6,123 | +5.7% |
| Trade receivables | 40 | €74,817 | €74,736 | -€81 | -0.1% |
| Other amounts receivable | 41 | €31,685 | €37,890 | +€6,205 | +19.6% |
| Cash at bank and in hand | 54/58 | €46,229 | €33,097 | -€13,132 | -28.4% |
| Deferred charges and accrued income | 490/1 | €2,946 | €1,530 | -€1,416 | -48.1% |
| Total equity and liabilities | 10/49 | €159,477 | €156,196 | -€3,281 | -2.1% |
| Equity | 10/15 | €54,168 | €52,505 | -€1,663 | -3.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €52,168 | €50,505 | -€1,663 | -3.2% |
| Distributable reserves | 133 | €52,168 | €50,505 | -€1,663 | -3.2% |
| Amounts payable | 17/49 | €105,309 | €103,691 | -€1,619 | -1.5% |
| Amounts payable within one year | 42/48 | €105,309 | €103,691 | -€1,619 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €1,271 | - | -€1,271 | |
| Trade debts | 44 | €10,870 | €8,403 | -€2,467 | -22.7% |
| Suppliers | 440/4 | €10,870 | €8,403 | -€2,467 | -22.7% |
| Taxes, remuneration and social security | 45 | €93,168 | €95,287 | +€2,119 | +2.3% |
| Taxes | 450/3 | €29,627 | €28,243 | -€1,384 | -4.7% |
| Remuneration and social security | 454/9 | €63,542 | €67,045 | +€3,503 | +5.5% |
| Remuneration, social security and pensions | 62 | €375,578 | €412,030 | +€36,452 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,375 | €3,706 | -€670 | -15.3% |
| Other operating charges | 640/8 | €960 | €576 | -€384 | -40.0% |
| Non-recurring operating charges | 66A | €459 | - | -€459 | |
| Gross operating margin | 9900 | €401,903 | €422,439 | +€20,536 | +5.1% |
| Operating profit (loss) | 9901 | €20,530 | €6,127 | -€14,403 | -70.2% |
| Financial income | 75/76B | €20 | €236 | +€216 | +1,080% |
| Recurring financial income | 75 | €20 | €236 | +€216 | +1,080% |
| Financial charges | 65/66B | €2,215 | €3,162 | +€947 | +42.7% |
| Recurring financial charges | 65 | €2,215 | €3,162 | +€947 | +42.7% |
| Profit (loss) for the period before taxes | 9903 | €18,335 | €3,201 | -€15,134 | -82.5% |
| Income taxes | 67/77 | €7,729 | €4,864 | -€2,865 | -37.1% |
| Profit (loss) for the period | 9904 | €10,606 | -€1,663 | -€12,269 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,606 | -€1,663 | -€12,269 |
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 20 October 2026 via checked.be.