MAP INDUSTRY: 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 INDUSTRY
Largest movements
- Tangible fixed assets -€85,545
down €85,545 (-4.4%), from €1.9m to €1.8m
of which Land and buildings: -€66,230
- Receivables within one year -€51,092
down €51,092 (-57.5%), from €88,891 to €37,799
of which Other amounts receivable: -€29,456
- Reserves -€120,000
down €120,000 (-23.1%), from €520,000 to €400,000
of which Distributable reserves: -€180,000
- Depreciation -€21,640
down €21,640 (-20.2%), from €107,185 to €85,545
- Financial charges +€19,754
up €19,754 (+17.5%), from €113,183 to €132,937
- Other operating charges +€13,227
up €13,227 (+153.4%), from €8,623 to €21,850
- Gross operating margin -€4,492
down €4,492 (-4.0%), from €112,872 to €108,380
- Financial income -€1,646
no longer reported in 2025 (was €1,646)
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 | €4,626,908 | €4,475,715 | -€151,193 | -3.3% |
| Fixed assets | 21/28 | €4,476,468 | €4,390,923 | -€85,545 | -1.9% |
| Tangible fixed assets | 22/27 | €1,931,468 | €1,845,923 | -€85,545 | -4.4% |
| Land and buildings | 22 | €1,849,939 | €1,783,710 | -€66,230 | -3.6% |
| Furniture and vehicles | 24 | €21,862 | €2,546 | -€19,316 | -88.4% |
| Other tangible fixed assets | 26 | €59,667 | €59,667 | = | 0.0% |
| Financial fixed assets | 28 | €2,545,000 | €2,545,000 | = | 0.0% |
| Current assets | 29/58 | €150,440 | €84,792 | -€65,648 | -43.6% |
| Amounts receivable within one year | 40/41 | €88,891 | €37,799 | -€51,092 | -57.5% |
| Trade receivables | 40 | €21,636 | - | -€21,636 | |
| Other amounts receivable | 41 | €67,255 | €37,799 | -€29,456 | -43.8% |
| Cash at bank and in hand | 54/58 | €61,549 | €46,993 | -€14,556 | -23.6% |
| Total equity and liabilities | 10/49 | €4,626,908 | €4,475,715 | -€151,193 | -3.3% |
| Equity | 10/15 | €2,135,077 | €2,003,124 | -€131,953 | -6.2% |
| Contributions | 10/11 | €1,600,000 | €1,600,000 | = | 0.0% |
| Reserves | 13 | €520,000 | €400,000 | -€120,000 | -23.1% |
| Non-distributable reserves | 130/1 | - | €60,000 | +€60,000 | |
| Reserves not available under the articles | 1311 | - | €60,000 | +€60,000 | |
| Distributable reserves | 133 | €520,000 | €340,000 | -€180,000 | -34.6% |
| Profit (loss) carried forward | 14 | €15,077 | €3,124 | -€11,953 | -79.3% |
| Amounts payable | 17/49 | €2,491,831 | €2,472,591 | -€19,241 | -0.8% |
| Amounts payable after more than one year | 17 | €2,204,722 | €2,223,142 | +€18,419 | +0.8% |
| Financial debts | 170/4 | €654,722 | €573,142 | -€81,581 | -12.5% |
| Other amounts payable | 178/9 | €1,550,000 | €1,650,000 | +€100,000 | +6.5% |
| Amounts payable within one year | 42/48 | €143,209 | €124,128 | -€19,081 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €80,601 | €81,581 | +€980 | +1.2% |
| Trade debts | 44 | €50,896 | €16,744 | -€34,152 | -67.1% |
| Suppliers | 440/4 | €50,896 | €16,744 | -€34,152 | -67.1% |
| Taxes, remuneration and social security | 45 | €8,454 | - | -€8,454 | |
| Taxes | 450/3 | €8,454 | - | -€8,454 | |
| Other amounts payable | 47/48 | €3,259 | €25,804 | +€22,545 | +691.9% |
| Accrued charges and deferred income | 492/3 | €143,900 | €125,321 | -€18,579 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,185 | €85,545 | -€21,640 | -20.2% |
| Other operating charges | 640/8 | €8,623 | €21,850 | +€13,227 | +153.4% |
| Gross operating margin | 9900 | €112,872 | €108,380 | -€4,492 | -4.0% |
| Operating profit (loss) | 9901 | -€2,936 | €984 | +€3,921 | |
| Financial income | 75/76B | €1,646 | - | -€1,646 | |
| Recurring financial income | 75 | €1,646 | - | -€1,646 | |
| Financial charges | 65/66B | €113,183 | €132,937 | +€19,754 | +17.5% |
| Recurring financial charges | 65 | €113,183 | €132,937 | +€19,754 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | -€114,474 | -€131,953 | -€17,479 | -15.3% |
| Profit (loss) for the period | 9904 | -€114,474 | -€131,953 | -€17,479 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€114,474 | -€131,953 | -€17,479 | -15.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.