MaPau Com: 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.
MaPau Com
Largest movements
- Tangible fixed assets -€6,565
down €6,565 (-80.0%), from €8,210 to €1,646
of which Furniture and vehicles: -€6,150
- Receivables within one year -€1,195
down €1,195 (-6.7%), from €17,885 to €16,690
of which Trade receivables: -€3,027
- Other debts -€12,832
down €12,832 (-28.8%), from €44,550 to €31,718
- Trade debts +€10,590
up €10,590 (+1809.9%), from €585 to €11,175
- Current portion of long-term debt -€5,589
down €5,589 (-100.0%), from €5,589 to €0
- Gross operating margin -€8,047
down €8,047 (-12.6%), from €63,939 to €55,893
- Taxes -€1,521
down €1,521 (-11.8%), from €12,936 to €11,415
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 | €62,524 | €54,337 | -€8,187 | -13.1% |
| Fixed assets | 21/28 | €8,210 | €1,646 | -€6,565 | -80.0% |
| Tangible fixed assets | 22/27 | €8,210 | €1,646 | -€6,565 | -80.0% |
| Furniture and vehicles | 24 | €6,150 | €0 | -€6,150 | -100.0% |
| Other tangible fixed assets | 26 | €2,061 | €1,646 | -€415 | -20.1% |
| Current assets | 29/58 | €54,314 | €52,691 | -€1,623 | -3.0% |
| Amounts receivable within one year | 40/41 | €17,885 | €16,690 | -€1,195 | -6.7% |
| Trade receivables | 40 | €16,069 | €13,042 | -€3,027 | -18.8% |
| Other amounts receivable | 41 | €1,817 | €3,649 | +€1,832 | +100.9% |
| Cash at bank and in hand | 54/58 | €35,139 | €34,638 | -€501 | -1.4% |
| Deferred charges and accrued income | 490/1 | €1,289 | €1,363 | +€74 | +5.7% |
| Total equity and liabilities | 10/49 | €62,524 | €54,337 | -€8,187 | -13.1% |
| Equity | 10/15 | €2,500 | €2,500 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €60,024 | €51,837 | -€8,187 | -13.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €59,679 | €51,837 | -€7,843 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €5,589 | €0 | -€5,589 | -100.0% |
| Trade debts | 44 | €585 | €11,175 | +€10,590 | +1809.9% |
| Suppliers | 440/4 | €585 | €11,175 | +€10,590 | +1809.9% |
| Taxes, remuneration and social security | 45 | €8,956 | €8,944 | -€12 | -0.1% |
| Taxes | 450/3 | €8,956 | €8,944 | -€12 | -0.1% |
| Other amounts payable | 47/48 | €44,550 | €31,718 | -€12,832 | -28.8% |
| Accrued charges and deferred income | 492/3 | €345 | €0 | -€345 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,849 | €6,565 | -€284 | -4.1% |
| Other operating charges | 640/8 | €775 | €694 | -€81 | -10.5% |
| Gross operating margin | 9900 | €63,939 | €55,893 | -€8,047 | -12.6% |
| Operating profit (loss) | 9901 | €56,315 | €48,634 | -€7,682 | -13.6% |
| Financial income | 75/76B | €0 | €47 | +€47 | +93940.0% |
| Recurring financial income | 75 | €0 | €47 | +€47 | +93940.0% |
| Financial charges | 65/66B | €193 | €107 | -€86 | -44.7% |
| Recurring financial charges | 65 | €193 | €107 | -€86 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | €56,122 | €48,574 | -€7,548 | -13.4% |
| Income taxes | 67/77 | €12,936 | €11,415 | -€1,521 | -11.8% |
| Profit (loss) for the period | 9904 | €43,186 | €37,159 | -€6,027 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,186 | €37,159 | -€6,027 | -14.0% |
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 3 October 2026 via checked.be.