MAPI: 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.
MAPI
Largest movements
- Receivables within one year -€4,979
down €4,979 (-4.1%), from €121,363 to €116,384
of which Other amounts receivable: -€3,475
- Tangible fixed assets -€3,215
down €3,215 (-62.8%), from €5,116 to €1,901
- Trade debts -€7,807
down €7,807 (-33.6%), from €23,202 to €15,395
- Tax, wage and social debts -€1,643
down €1,643 (-47.9%), from €3,427 to €1,784
- Gross operating margin -€35,633
down €35,633, from €33,035 to -€2,598
- Staff costs -€34,800
no longer reported in 2024 (was €34,800)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €139,269 | €131,129 | -€8,140 | -5.8% |
| Fixed assets | 21/28 | €5,116 | €1,901 | -€3,215 | -62.8% |
| Tangible fixed assets | 22/27 | €5,116 | €1,901 | -€3,215 | -62.8% |
| Furniture and vehicles | 24 | €5,116 | €1,901 | -€3,215 | -62.8% |
| Current assets | 29/58 | €134,153 | €129,228 | -€4,925 | -3.7% |
| Stocks and contracts in progress | 3 | €6,187 | €6,187 | = | 0.0% |
| Stocks | 30/36 | €6,187 | €6,187 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €121,363 | €116,384 | -€4,979 | -4.1% |
| Trade receivables | 40 | €1,504 | - | -€1,504 | |
| Other amounts receivable | 41 | €119,859 | €116,384 | -€3,475 | -2.9% |
| Cash at bank and in hand | 54/58 | €6,603 | €6,657 | +€54 | +0.8% |
| Total equity and liabilities | 10/49 | €139,269 | €131,129 | -€8,140 | -5.8% |
| Equity | 10/15 | €112,640 | €113,950 | +€1,309 | +1.2% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,740 | €112,050 | +€1,309 | +1.2% |
| Amounts payable | 17/49 | €26,629 | €17,179 | -€9,450 | -35.5% |
| Amounts payable within one year | 42/48 | €26,629 | €17,179 | -€9,450 | -35.5% |
| Trade debts | 44 | €23,202 | €15,395 | -€7,807 | -33.6% |
| Suppliers | 440/4 | €23,202 | €15,395 | -€7,807 | -33.6% |
| Taxes, remuneration and social security | 45 | €3,427 | €1,784 | -€1,643 | -47.9% |
| Remuneration and social security | 454/9 | €3,427 | €1,784 | -€1,643 | -47.9% |
| Remuneration, social security and pensions | 62 | €34,800 | - | -€34,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,901 | €1,901 | = | 0.0% |
| Other operating charges | 640/8 | €209 | €333 | +€124 | +59.3% |
| Gross operating margin | 9900 | €33,035 | -€2,598 | -€35,633 | |
| Operating profit (loss) | 9901 | -€3,875 | -€4,832 | -€957 | -24.7% |
| Financial income | 75/76B | €6,336 | €6,558 | +€222 | +3.5% |
| Recurring financial income | 75 | €6,336 | €6,558 | +€222 | +3.5% |
| Financial charges | 65/66B | €183 | €417 | +€234 | +127.8% |
| Recurring financial charges | 65 | €183 | €417 | +€234 | +127.8% |
| Profit (loss) for the period before taxes | 9903 | €2,278 | €1,309 | -€969 | -42.5% |
| Profit (loss) for the period | 9904 | €2,278 | €1,309 | -€969 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,278 | €1,309 | -€969 | -42.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.