MAP Experts: 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.
MAP Experts
Largest movements
- Receivables within one year -€30,440
down €30,440 (-55.0%), from €55,361 to €24,921
of which Other amounts receivable: -€33,478
- Tangible fixed assets -€7,652
down €7,652 (-55.1%), from €13,882 to €6,230
- Cash -€3,953
down €3,953 (-67.0%), from €5,900 to €1,947
mainly Contributions, distributions and other (-€58,260) and Trade debts (-€1,056)
- Profit (loss) carried forward -€47,486
no longer reported in 2025 (was €47,486)
- Tax, wage and social debts +€6,497
up €6,497 (+48.1%), from €13,505 to €20,001
- Trade debts -€1,056
down €1,056 (-25.4%), from €4,153 to €3,097
- Gross operating margin -€22,967
down €22,967 (-49.8%), from €46,119 to €23,152
- Taxes -€9,665
down €9,665 (-70.9%), from €13,628 to €3,963
- Financial income -€2,167
no longer reported in 2025 (was €2,167)
- Other operating charges -€532
down €532 (-42.9%), from €1,241 to €709
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 | €75,143 | €33,098 | -€42,045 | -56.0% |
| Fixed assets | 21/28 | €13,882 | €6,230 | -€7,652 | -55.1% |
| Tangible fixed assets | 22/27 | €13,882 | €6,230 | -€7,652 | -55.1% |
| Furniture and vehicles | 24 | €13,882 | €6,230 | -€7,652 | -55.1% |
| Current assets | 29/58 | €61,261 | €26,868 | -€34,393 | -56.1% |
| Amounts receivable within one year | 40/41 | €55,361 | €24,921 | -€30,440 | -55.0% |
| Trade receivables | 40 | €8,578 | €11,616 | +€3,038 | +35.4% |
| Other amounts receivable | 41 | €46,783 | €13,305 | -€33,478 | -71.6% |
| Cash at bank and in hand | 54/58 | €5,900 | €1,947 | -€3,953 | -67.0% |
| Total equity and liabilities | 10/49 | €75,143 | €33,098 | -€42,045 | -56.0% |
| Equity | 10/15 | €57,486 | €10,000 | -€47,486 | -82.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,486 | - | -€47,486 | |
| Amounts payable | 17/49 | €17,658 | €23,098 | +€5,440 | +30.8% |
| Amounts payable within one year | 42/48 | €17,658 | €23,098 | +€5,440 | +30.8% |
| Trade debts | 44 | €4,153 | €3,097 | -€1,056 | -25.4% |
| Suppliers | 440/4 | €4,153 | €3,097 | -€1,056 | -25.4% |
| Taxes, remuneration and social security | 45 | €13,505 | €20,001 | +€6,497 | +48.1% |
| Taxes | 450/3 | €13,505 | €20,001 | +€6,497 | +48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,880 | €7,652 | -€228 | -2.9% |
| Other operating charges | 640/8 | €1,241 | €709 | -€532 | -42.9% |
| Gross operating margin | 9900 | €46,119 | €23,152 | -€22,967 | -49.8% |
| Operating profit (loss) | 9901 | €36,998 | €14,791 | -€22,207 | -60.0% |
| Financial income | 75/76B | €2,167 | - | -€2,167 | |
| Recurring financial income | 75 | €2,167 | - | -€2,167 | |
| Financial charges | 65/66B | €496 | €54 | -€442 | -89.1% |
| Recurring financial charges | 65 | €496 | €54 | -€442 | -89.1% |
| Profit (loss) for the period before taxes | 9903 | €38,670 | €14,737 | -€23,932 | -61.9% |
| Income taxes | 67/77 | €13,628 | €3,963 | -€9,665 | -70.9% |
| Profit (loss) for the period | 9904 | €25,042 | €10,774 | -€14,268 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,042 | €10,774 | -€14,268 | -57.0% |
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 7 October 2026 via checked.be.