MAPASI: 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.
MAPASI
Largest movements
- Cash +€2,801
up €2,801 (+17.4%), from €16,095 to €18,896
mainly Net result for the year (+€5,921) and Depreciation (+€330)
- Receivables within one year +€1,645
up €1,645 (+190.6%), from €863 to €2,509
- Tangible fixed assets -€330
down €330 (-20.3%), from €1,626 to €1,295
- Profit (loss) carried forward +€5,088
up €5,088 (+161.3%), from €3,155 to €8,243
- Accrued charges and deferred income -€1,167
down €1,167 (-51.9%), from €2,247 to €1,080
- Other debts -€231
down €231 (-26.3%), from €879 to €648
- Gross operating margin +€2,454
up €2,454 (+43.5%), from €5,645 to €8,099
- Taxes +€623
up €623 (+52.6%), from €1,184 to €1,807
- Other operating charges -€387
down €387 (-100.0%), from €387 to €0
- Depreciation +€304
up €304 (+1158.7%), from €26 to €330
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 | €18,584 | €22,700 | +€4,116 | +22.1% |
| Fixed assets | 21/28 | €1,626 | €1,295 | -€330 | -20.3% |
| Tangible fixed assets | 22/27 | €1,626 | €1,295 | -€330 | -20.3% |
| Furniture and vehicles | 24 | €1,626 | €1,295 | -€330 | -20.3% |
| Current assets | 29/58 | €16,958 | €21,405 | +€4,446 | +26.2% |
| Amounts receivable within one year | 40/41 | €863 | €2,509 | +€1,645 | +190.6% |
| Other amounts receivable | 41 | €863 | €2,509 | +€1,645 | +190.6% |
| Cash at bank and in hand | 54/58 | €16,095 | €18,896 | +€2,801 | +17.4% |
| Total equity and liabilities | 10/49 | €18,584 | €22,700 | +€4,116 | +22.1% |
| Equity | 10/15 | €5,655 | €10,743 | +€5,088 | +90.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,155 | €8,243 | +€5,088 | +161.3% |
| Amounts payable | 17/49 | €12,929 | €11,957 | -€972 | -7.5% |
| Amounts payable within one year | 42/48 | €10,682 | €10,877 | +€195 | +1.8% |
| Trade debts | 44 | €1,846 | €2,046 | +€200 | +10.8% |
| Suppliers | 440/4 | €1,846 | €2,046 | +€200 | +10.8% |
| Taxes, remuneration and social security | 45 | €7,957 | €8,183 | +€226 | +2.8% |
| Taxes | 450/3 | €5,757 | €5,983 | +€226 | +3.9% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €879 | €648 | -€231 | -26.3% |
| Accrued charges and deferred income | 492/3 | €2,247 | €1,080 | -€1,167 | -51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26 | €330 | +€304 | +1158.7% |
| Other operating charges | 640/8 | €387 | €0 | -€387 | -100.0% |
| Gross operating margin | 9900 | €5,645 | €8,099 | +€2,454 | +43.5% |
| Operating profit (loss) | 9901 | €5,232 | €7,769 | +€2,537 | +48.5% |
| Financial charges | 65/66B | €34 | €40 | +€7 | +19.7% |
| Recurring financial charges | 65 | €34 | €40 | +€7 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €5,198 | €7,728 | +€2,530 | +48.7% |
| Income taxes | 67/77 | €1,184 | €1,807 | +€623 | +52.6% |
| Profit (loss) for the period | 9904 | €4,014 | €5,921 | +€1,907 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,014 | €5,921 | +€1,907 | +47.5% |
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 29 September 2026 via checked.be.