MAPIBALO: what changed
Two financial 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.
MAPIBALO
Largest movements
- Tangible fixed assets -€23,116
down €23,116 (-4.7%), from €489,562 to €466,447
of which Land and buildings: -€22,179
- Profit (loss) carried forward -€42,258
down €42,258 (-139%), from -€30,297 to -€72,555
- Debts after one year +€12,190
up €12,190 (+3.6%), from €340,897 to €353,087
of which Other amounts payable: +€48,031
- Trade debts +€7,177
up €7,177 (+118%), from €6,093 to €13,271
- Taxes +€1,120
up €1,120 (+30,841%), from €4 to €1,123
- Financial charges +€855
up €855 (+12.7%), from €6,747 to €7,602
- Other operating charges -€585
down €585 (-10.1%), from €5,785 to €5,200
- Gross operating margin -€580
down €580 (-12.5%), from -€4,637 to -€5,218
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.
Derived cash bridge
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 | €490,257 | €467,144 | -€23,113 | -4.7% |
| Fixed assets | 21/28 | €489,562 | €466,447 | -€23,116 | -4.7% |
| Tangible fixed assets | 22/27 | €489,562 | €466,447 | -€23,116 | -4.7% |
| Land and buildings | 22 | €487,697 | €465,518 | -€22,179 | -4.5% |
| Furniture and vehicles | 24 | €1,865 | €929 | -€937 | -50.2% |
| Current assets | 29/58 | €694 | €697 | +€3 | +0.4% |
| Cash at bank and in hand | 54/58 | €694 | €697 | +€3 | +0.4% |
| Total equity and liabilities | 10/49 | €490,257 | €467,144 | -€23,113 | -4.7% |
| Equity | 10/15 | €107,203 | €64,945 | -€42,258 | -39.4% |
| Contributions | 10/11 | €137,500 | €137,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,297 | -€72,555 | -€42,258 | -139% |
| Amounts payable | 17/49 | €383,053 | €402,199 | +€19,146 | +5.0% |
| Amounts payable after more than one year | 17 | €340,897 | €353,087 | +€12,190 | +3.6% |
| Financial debts | 170/4 | €189,026 | €153,185 | -€35,841 | -19.0% |
| Other amounts payable | 178/9 | €151,871 | €199,902 | +€48,031 | +31.6% |
| Amounts payable within one year | 42/48 | €42,157 | €49,112 | +€6,955 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €34,910 | €35,841 | +€931 | +2.7% |
| Trade debts | 44 | €6,093 | €13,271 | +€7,177 | +118% |
| Suppliers | 440/4 | €6,093 | €13,271 | +€7,177 | +118% |
| Taxes, remuneration and social security | 45 | €1,154 | - | -€1,154 | |
| Taxes | 450/3 | €1,154 | - | -€1,154 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,116 | €23,116 | = | 0.0% |
| Other operating charges | 640/8 | €5,785 | €5,200 | -€585 | -10.1% |
| Gross operating margin | 9900 | -€4,637 | -€5,218 | -€580 | -12.5% |
| Operating profit (loss) | 9901 | -€33,538 | -€33,533 | +€5 | 0.0% |
| Financial charges | 65/66B | €6,747 | €7,602 | +€855 | +12.7% |
| Recurring financial charges | 65 | €6,747 | €7,602 | +€855 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | -€40,285 | -€41,135 | -€850 | -2.1% |
| Income taxes | 67/77 | €4 | €1,123 | +€1,120 | +30,841% |
| Profit (loss) for the period | 9904 | -€40,288 | -€42,258 | -€1,970 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,288 | -€42,258 | -€1,970 | -4.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.