MAPLE CO'X: 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.
MAPLE CO'X
Largest movements
- Tangible fixed assets -€24,115
down €24,115 (-21.1%), from €114,044 to €89,929
of which Land and buildings: -€18,678
- Cash -€3,245
down €3,245 (-36.6%), from €8,860 to €5,615
mainly Debts after one year (-€21,947) and Net result for the year (-€13,614)
- Debts after one year -€21,947
down €21,947 (-28.6%), from €76,830 to €54,884
- Profit (loss) carried forward -€13,614
down €13,614 (-56.9%), from -€23,926 to -€37,540
- Trade debts +€11,067
up €11,067 (+524.8%), from €2,109 to €13,175
- Tax, wage and social debts -€2,778
down €2,778 (-82.3%), from €3,377 to €599
- Other debts -€1,927
down €1,927 (-4.5%), from €43,104 to €41,177
- Gross operating margin -€31,366
down €31,366 (-66.5%), from €47,174 to €15,809
- Depreciation +€5,168
up €5,168 (+26.1%), from €19,839 to €25,007
- Other operating charges -€2,261
down €2,261 (-47.3%), from €4,781 to €2,520
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 | €141,781 | €112,182 | -€29,599 | -20.9% |
| Fixed assets | 21/28 | €114,449 | €90,334 | -€24,115 | -21.1% |
| Tangible fixed assets | 22/27 | €114,044 | €89,929 | -€24,115 | -21.1% |
| Land and buildings | 22 | €94,181 | €75,503 | -€18,678 | -19.8% |
| Plant, machinery and equipment | 23 | €17,756 | €13,785 | -€3,972 | -22.4% |
| Furniture and vehicles | 24 | €2,107 | €641 | -€1,465 | -69.6% |
| Financial fixed assets | 28 | €405 | €405 | = | 0.0% |
| Current assets | 29/58 | €27,332 | €21,848 | -€5,484 | -20.1% |
| Amounts receivable within one year | 40/41 | €15,396 | €14,120 | -€1,277 | -8.3% |
| Trade receivables | 40 | €15,396 | €14,120 | -€1,277 | -8.3% |
| Cash at bank and in hand | 54/58 | €8,860 | €5,615 | -€3,245 | -36.6% |
| Deferred charges and accrued income | 490/1 | €3,076 | €2,113 | -€962 | -31.3% |
| Total equity and liabilities | 10/49 | €141,781 | €112,182 | -€29,599 | -20.9% |
| Equity | 10/15 | -€5,986 | -€19,600 | -€13,614 | -227.4% |
| Contributions | 10/11 | €16,080 | €16,080 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,926 | -€37,540 | -€13,614 | -56.9% |
| Amounts payable | 17/49 | €147,767 | €131,782 | -€15,985 | -10.8% |
| Amounts payable after more than one year | 17 | €76,830 | €54,884 | -€21,947 | -28.6% |
| Financial debts | 170/4 | €76,830 | €54,884 | -€21,947 | -28.6% |
| Amounts payable within one year | 42/48 | €70,937 | €76,899 | +€5,961 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €21,512 | €21,947 | +€434 | +2.0% |
| Trade debts | 44 | €2,109 | €13,175 | +€11,067 | +524.8% |
| Suppliers | 440/4 | €2,109 | €13,175 | +€11,067 | +524.8% |
| Advances received on contracts in progress | 46 | €835 | - | -€835 | |
| Taxes, remuneration and social security | 45 | €3,377 | €599 | -€2,778 | -82.3% |
| Taxes | 450/3 | €3,377 | €599 | -€2,778 | -82.3% |
| Other amounts payable | 47/48 | €43,104 | €41,177 | -€1,927 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,839 | €25,007 | +€5,168 | +26.1% |
| Other operating charges | 640/8 | €4,781 | €2,520 | -€2,261 | -47.3% |
| Gross operating margin | 9900 | €47,174 | €15,809 | -€31,366 | -66.5% |
| Operating profit (loss) | 9901 | €22,555 | -€11,718 | -€34,273 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €2,272 | €1,896 | -€376 | -16.6% |
| Recurring financial charges | 65 | €2,272 | €1,896 | -€376 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €20,283 | -€13,614 | -€33,897 | |
| Profit (loss) for the period | 9904 | €20,283 | -€13,614 | -€33,897 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,283 | -€13,614 | -€33,897 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.