MAPBIT: 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.
MAPBIT
Largest movements
- Receivables within one year -€86,138
down €86,138 (-60.5%), from €142,270 to €56,131
of which Trade receivables: -€94,852
- Cash -€22,230
down €22,230 (-87.2%), from €25,506 to €3,276
mainly Other debts (-€129,561) and Tax, wage and social debts (-€2,483)
- Tangible fixed assets -€5,528
down €5,528 (-23.2%), from €23,816 to €18,287
of which Other tangible fixed assets: -€5,361
- Deferred charges and accrued income -€3,684
down €3,684 (-95.6%), from €3,852 to €169
- Other debts -€129,561
down €129,561 (-83.8%), from €154,589 to €25,028
- Profit (loss) carried forward +€14,706
up €14,706 (+13.9%), from -€106,163 to -€91,457
- Tax, wage and social debts -€2,483
down €2,483 (-57.3%), from €4,329 to €1,847
- Gross operating margin -€62,772
down €62,772 (-74.5%), from €84,235 to €21,463
- Financial income -€4,402
down €4,402 (-86.4%), from €5,092 to €691
- Financial charges -€1,333
down €1,333 (-61.6%), from €2,165 to €832
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 | €195,444 | €77,863 | -€117,581 | -60.2% |
| Fixed assets | 21/28 | €23,816 | €18,287 | -€5,528 | -23.2% |
| Tangible fixed assets | 22/27 | €23,816 | €18,287 | -€5,528 | -23.2% |
| Furniture and vehicles | 24 | €971 | €803 | -€168 | -17.3% |
| Other tangible fixed assets | 26 | €22,845 | €17,484 | -€5,361 | -23.5% |
| Current assets | 29/58 | €171,628 | €59,576 | -€112,052 | -65.3% |
| Amounts receivable within one year | 40/41 | €142,270 | €56,131 | -€86,138 | -60.5% |
| Trade receivables | 40 | €134,791 | €39,938 | -€94,852 | -70.4% |
| Other amounts receivable | 41 | €7,479 | €16,193 | +€8,714 | +116.5% |
| Cash at bank and in hand | 54/58 | €25,506 | €3,276 | -€22,230 | -87.2% |
| Deferred charges and accrued income | 490/1 | €3,852 | €169 | -€3,684 | -95.6% |
| Total equity and liabilities | 10/49 | €195,444 | €77,863 | -€117,581 | -60.2% |
| Equity | 10/15 | €24,891 | €39,597 | +€14,706 | +59.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €124,054 | €124,054 | = | 0.0% |
| Distributable reserves | 133 | €124,054 | €124,054 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,163 | -€91,457 | +€14,706 | +13.9% |
| Amounts payable | 17/49 | €170,553 | €38,266 | -€132,287 | -77.6% |
| Amounts payable within one year | 42/48 | €170,553 | €38,266 | -€132,287 | -77.6% |
| Trade debts | 44 | €11,635 | €11,392 | -€243 | -2.1% |
| Suppliers | 440/4 | €11,635 | €11,392 | -€243 | -2.1% |
| Taxes, remuneration and social security | 45 | €4,329 | €1,847 | -€2,483 | -57.3% |
| Taxes | 450/3 | €4,329 | €1,847 | -€2,483 | -57.3% |
| Other amounts payable | 47/48 | €154,589 | €25,028 | -€129,561 | -83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,581 | €5,528 | -€53 | -0.9% |
| Other operating charges | 640/8 | €764 | €740 | -€24 | -3.1% |
| Non-recurring operating charges | 66A | €192 | - | -€192 | |
| Gross operating margin | 9900 | €84,235 | €21,463 | -€62,772 | -74.5% |
| Operating profit (loss) | 9901 | €77,697 | €15,195 | -€62,503 | -80.4% |
| Financial income | 75/76B | €5,092 | €691 | -€4,402 | -86.4% |
| Recurring financial income | 75 | €5,092 | €691 | -€4,402 | -86.4% |
| Financial charges | 65/66B | €2,165 | €832 | -€1,333 | -61.6% |
| Recurring financial charges | 65 | €2,165 | €832 | -€1,333 | -61.6% |
| Profit (loss) for the period before taxes | 9903 | €80,625 | €15,054 | -€65,572 | -81.3% |
| Income taxes | 67/77 | €380 | €347 | -€33 | -8.6% |
| Profit (loss) for the period | 9904 | €80,245 | €14,706 | -€65,539 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €80,245 | €14,706 | -€65,539 | -81.7% |
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 8 October 2026 via checked.be.