MAPLE COTTAGE: 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.
MAPLE COTTAGE
Largest movements
- Cash -€2,228
down €2,228 (-11.6%), from €19,246 to €17,018
mainly Other debts (-€37,655) and Investment in fixed assets (net) (-€16,412)
- Other debts -€37,655
down €37,655 (-34.2%), from €110,186 to €72,531
- Profit (loss) carried forward +€23,219
up €23,219 (+95.9%), from €24,217 to €47,436
- Debts after one year +€10,440
up €10,440 (+18.1%), from €57,835 to €68,275
- Tax, wage and social debts +€4,664
up €4,664 (+64.2%), from €7,263 to €11,927
- Gross operating margin +€6,809
up €6,809 (+15.4%), from €44,127 to €50,936
- Depreciation -€2,261
down €2,261 (-12.6%), from €17,888 to €15,627
- Taxes +€1,733
up €1,733 (+38.3%), from €4,528 to €6,261
- Financial charges +€796
up €796 (+26.5%), from €2,998 to €3,794
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 | €211,225 | €210,198 | -€1,027 | -0.5% |
| Fixed assets | 21/28 | €191,357 | €192,142 | +€785 | +0.4% |
| Tangible fixed assets | 22/27 | €191,357 | €192,142 | +€785 | +0.4% |
| Land and buildings | 22 | €125,533 | €132,949 | +€7,417 | +5.9% |
| Furniture and vehicles | 24 | €20,732 | €15,230 | -€5,502 | -26.5% |
| Other tangible fixed assets | 26 | €45,093 | €43,963 | -€1,130 | -2.5% |
| Current assets | 29/58 | €19,868 | €18,056 | -€1,812 | -9.1% |
| Amounts receivable within one year | 40/41 | €622 | €977 | +€355 | +57.0% |
| Trade receivables | 40 | €622 | €977 | +€355 | +57.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €19,246 | €17,018 | -€2,228 | -11.6% |
| Deferred charges and accrued income | 490/1 | - | €61 | +€61 | |
| Total equity and liabilities | 10/49 | €211,225 | €210,198 | -€1,027 | -0.5% |
| Equity | 10/15 | €25,217 | €48,436 | +€23,219 | +92.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,217 | €47,436 | +€23,219 | +95.9% |
| Amounts payable | 17/49 | €186,009 | €161,762 | -€24,246 | -13.0% |
| Amounts payable after more than one year | 17 | €57,835 | €68,275 | +€10,440 | +18.1% |
| Financial debts | 170/4 | €57,835 | €68,275 | +€10,440 | +18.1% |
| Amounts payable within one year | 42/48 | €128,174 | €93,487 | -€34,686 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €5,980 | €6,248 | +€268 | +4.5% |
| Trade debts | 44 | €4,744 | €2,782 | -€1,962 | -41.4% |
| Suppliers | 440/4 | €4,744 | €2,782 | -€1,962 | -41.4% |
| Taxes, remuneration and social security | 45 | €7,263 | €11,927 | +€4,664 | +64.2% |
| Taxes | 450/3 | €7,263 | €11,927 | +€4,664 | +64.2% |
| Other amounts payable | 47/48 | €110,186 | €72,531 | -€37,655 | -34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,888 | €15,627 | -€2,261 | -12.6% |
| Other operating charges | 640/8 | €2,311 | €2,035 | -€277 | -12.0% |
| Gross operating margin | 9900 | €44,127 | €50,936 | +€6,809 | +15.4% |
| Operating profit (loss) | 9901 | €23,928 | €33,274 | +€9,347 | +39.1% |
| Financial charges | 65/66B | €2,998 | €3,794 | +€796 | +26.5% |
| Recurring financial charges | 65 | €2,998 | €3,794 | +€796 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €20,930 | €29,480 | +€8,551 | +40.9% |
| Income taxes | 67/77 | €4,528 | €6,261 | +€1,733 | +38.3% |
| Profit (loss) for the period | 9904 | €16,402 | €23,219 | +€6,818 | +41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,402 | €23,219 | +€6,818 | +41.6% |
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.