MAITY: 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.
MAITY
Largest movements
- Receivables within one year +€8,634
up €8,634 (+609.5%), from €1,416 to €10,050
of which Trade receivables: +€6,540
- Tangible fixed assets -€2,446
down €2,446 (-26.9%), from €9,081 to €6,635
of which Plant, machinery and equipment: -€1,706
- Cash -€2,253
no longer reported in 2025 (was €2,253)
mainly Receivables within one year (-€8,634) and Net result for the year (-€3,157)
- Stocks and contracts -€850
no longer reported in 2025 (was €850)
- Formation expenses -€614
down €614 (-36.5%), from €1,685 to €1,071
- Trade debts +€5,523
up €5,523 (+82.1%), from €6,725 to €12,249
- Profit (loss) carried forward -€3,157
down €3,157 (-16.2%), from -€19,487 to -€22,644
- Gross operating margin +€16,402
up €16,402 (+99.6%), from -€16,466 to -€65
- Financial income -€511
no longer reported in 2025 (was €511)
- Other operating charges -€310
no longer reported in 2025 (was €310)
- Financial charges -€222
down €222 (-87.5%), from €254 to €32
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 | €15,285 | €17,756 | +€2,470 | +16.2% |
| Formation expenses | 20 | €1,685 | €1,071 | -€614 | -36.5% |
| Fixed assets | 21/28 | €9,081 | €6,635 | -€2,446 | -26.9% |
| Tangible fixed assets | 22/27 | €9,081 | €6,635 | -€2,446 | -26.9% |
| Plant, machinery and equipment | 23 | €6,022 | €4,316 | -€1,706 | -28.3% |
| Furniture and vehicles | 24 | €3,059 | €2,319 | -€740 | -24.2% |
| Current assets | 29/58 | €4,519 | €10,050 | +€5,531 | +122.4% |
| Stocks and contracts in progress | 3 | €850 | - | -€850 | |
| Stocks | 30/36 | €850 | - | -€850 | |
| Amounts receivable within one year | 40/41 | €1,416 | €10,050 | +€8,634 | +609.5% |
| Trade receivables | 40 | €159 | €6,699 | +€6,540 | +4111.8% |
| Other amounts receivable | 41 | €1,257 | €3,351 | +€2,093 | +166.5% |
| Cash at bank and in hand | 54/58 | €2,253 | - | -€2,253 | |
| Total equity and liabilities | 10/49 | €15,285 | €17,756 | +€2,470 | +16.2% |
| Equity | 10/15 | -€14,487 | -€17,644 | -€3,157 | -21.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,487 | -€22,644 | -€3,157 | -16.2% |
| Amounts payable | 17/49 | €29,772 | €35,399 | +€5,627 | +18.9% |
| Amounts payable within one year | 42/48 | €29,772 | €35,399 | +€5,627 | +18.9% |
| Trade debts | 44 | €6,725 | €12,249 | +€5,523 | +82.1% |
| Suppliers | 440/4 | €6,725 | €12,249 | +€5,523 | +82.1% |
| Other amounts payable | 47/48 | €23,047 | €23,151 | +€104 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,967 | €3,060 | +€93 | +3.1% |
| Other operating charges | 640/8 | €310 | - | -€310 | |
| Gross operating margin | 9900 | -€16,466 | -€65 | +€16,402 | +99.6% |
| Operating profit (loss) | 9901 | -€19,744 | -€3,125 | +€16,619 | +84.2% |
| Financial income | 75/76B | €511 | - | -€511 | |
| Recurring financial income | 75 | €511 | - | -€511 | |
| Financial charges | 65/66B | €254 | €32 | -€222 | -87.5% |
| Recurring financial charges | 65 | €254 | €32 | -€222 | -87.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,487 | -€3,157 | +€16,331 | +83.8% |
| Profit (loss) for the period | 9904 | -€19,487 | -€3,157 | +€16,331 | +83.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,487 | -€3,157 | +€16,331 | +83.8% |
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 10 October 2026 via checked.be.