MAORIDGE: what changed
Two fiscal 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.
MAORIDGE
Largest movements
- Current investments +€25,000
new in 2025: €25,000
- Tangible fixed assets -€1,530
down €1,530 (-10.0%), from €15,236 to €13,706
- Cash -€574
down €574 (-63.5%), from €904 to €330
mainly Current investments (-€25,000) and Other debts (-€859)
- Reserves +€27,989
new in 2025: €27,989
- Profit (loss) carried forward -€10,672
no longer reported in 2025 (was €10,672)
- Tax, wage and social debts +€4,439
up €4,439 (+87.4%), from €5,078 to €9,517
of which Taxes: +€4,579
- Investment grants +€1,645
new in 2025: €1,645
- Other debts -€859
no longer reported in 2025 (was €859)
- Gross operating margin +€10,348
up €10,348 (+76.7%), from €13,485 to €23,833
- Taxes +€2,044
up €2,044 (+72.4%), from €2,822 to €4,866
- Depreciation +€1,467
up €1,467 (+2340.0%), from €63 to €1,530
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 | €16,865 | €39,797 | +€22,932 | +136.0% |
| Fixed assets | 21/28 | €15,236 | €13,706 | -€1,530 | -10.0% |
| Tangible fixed assets | 22/27 | €15,236 | €13,706 | -€1,530 | -10.0% |
| Other tangible fixed assets | 26 | €15,236 | €13,706 | -€1,530 | -10.0% |
| Current assets | 29/58 | €1,629 | €26,091 | +€24,462 | +1501.4% |
| Current investments | 50/53 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €904 | €330 | -€574 | -63.5% |
| Deferred charges and accrued income | 490/1 | €725 | €761 | +€36 | +5.0% |
| Total equity and liabilities | 10/49 | €16,865 | €39,797 | +€22,932 | +136.0% |
| Equity | 10/15 | €10,673 | €29,634 | +€18,962 | +177.7% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | - | €27,989 | +€27,989 | |
| Distributable reserves | 133 | - | €27,989 | +€27,989 | |
| Profit (loss) carried forward | 14 | €10,672 | - | -€10,672 | |
| Investment grants | 15 | - | €1,645 | +€1,645 | |
| Provisions and deferred taxes | 16 | - | €411 | +€411 | |
| Deferred taxes | 168 | - | €411 | +€411 | |
| Amounts payable | 17/49 | €6,193 | €9,752 | +€3,559 | +57.5% |
| Amounts payable within one year | 42/48 | €6,193 | €9,751 | +€3,559 | +57.5% |
| Trade debts | 44 | €255 | €234 | -€21 | -8.3% |
| Suppliers | 440/4 | €255 | €234 | -€21 | -8.3% |
| Taxes, remuneration and social security | 45 | €5,078 | €9,517 | +€4,439 | +87.4% |
| Taxes | 450/3 | €4,939 | €9,517 | +€4,579 | +92.7% |
| Remuneration and social security | 454/9 | €140 | - | -€140 | |
| Other amounts payable | 47/48 | €859 | - | -€859 | |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63 | €1,530 | +€1,467 | +2340.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €13,485 | €23,833 | +€10,348 | +76.7% |
| Operating profit (loss) | 9901 | €13,035 | €21,903 | +€8,868 | +68.0% |
| Financial income | 75/76B | - | €232 | +€232 | |
| Recurring financial income | 75 | - | €232 | +€232 | |
| Financial charges | 65/66B | €30 | - | -€30 | |
| Recurring financial charges | 65 | €30 | - | -€30 | |
| Profit (loss) for the period before taxes | 9903 | €13,005 | €22,135 | +€9,131 | +70.2% |
| Transfer from deferred taxes | 780 | - | €48 | +€48 | |
| Income taxes | 67/77 | €2,822 | €4,866 | +€2,044 | +72.4% |
| Profit (loss) for the period | 9904 | €10,182 | €17,317 | +€7,135 | +70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,182 | €17,317 | +€7,135 | +70.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.