Maple-Tree Invest: what changed
Maple-Tree Invest
Largest movements
- Cash -€235,290
down €235,290 (-87.6%), from €268,639 to €33,349
mainly Net result for the year (-€136,807) and Receivables after one year (-€120,000)
- Receivables after one year +€120,000
up €120,000 (+5.2%), from €2.3m to €2.4m
- Stocks and contracts -€49,726
down €49,726 (-86.5%), from €57,491 to €7,765
- Profit (loss) carried forward -€136,807
down €136,807 (-133%), from -€103,163 to -€239,971
- Other debts -€43,388
no longer reported in 2025 (was €43,388)
- Financial income -€49,712
down €49,712 (-75.8%), from €65,560 to €15,848
- Financial charges -€45,546
down €45,546 (-37.5%), from €121,547 to €76,001
- Other operating charges +€41,814
up €41,814 (+95.6%), from €43,718 to €85,533
- Gross operating margin +€12,337
up €12,337, from -€3,459 to €8,878
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,666,634 | €2,486,872 | -€179,763 | -6.7% |
| Fixed assets | 21/28 | €1,275 | €1,275 | = | 0.0% |
| Financial fixed assets | 28 | €1,275 | €1,275 | = | 0.0% |
| Current assets | 29/58 | €2,665,359 | €2,485,597 | -€179,763 | -6.7% |
| Amounts receivable after more than one year | 29 | €2,322,000 | €2,442,000 | +€120,000 | +5.2% |
| Other amounts receivable | 291 | €2,322,000 | €2,442,000 | +€120,000 | +5.2% |
| Stocks and contracts in progress | 3 | €57,491 | €7,765 | -€49,726 | -86.5% |
| Stocks | 30/36 | €57,491 | €7,765 | -€49,726 | -86.5% |
| Amounts receivable within one year | 40/41 | €2,829 | €1,901 | -€928 | -32.8% |
| Other amounts receivable | 41 | €2,829 | €1,901 | -€928 | -32.8% |
| Cash at bank and in hand | 54/58 | €268,639 | €33,349 | -€235,290 | -87.6% |
| Deferred charges and accrued income | 490/1 | €14,400 | €581 | -€13,820 | -96.0% |
| Total equity and liabilities | 10/49 | €2,666,634 | €2,486,872 | -€179,763 | -6.7% |
| Equity | 10/15 | €1,228,446 | €1,091,639 | -€136,807 | -11.1% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Reserves | 13 | €1,111,609 | €1,111,609 | = | 0.0% |
| Distributable reserves | 133 | €1,111,609 | €1,111,609 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,163 | -€239,971 | -€136,807 | -133% |
| Amounts payable | 17/49 | €1,438,188 | €1,395,233 | -€42,955 | -3.0% |
| Amounts payable after more than one year | 17 | €1,320,000 | €1,320,000 | = | 0.0% |
| Financial debts | 170/4 | €1,100,000 | €1,100,000 | = | 0.0% |
| Other amounts payable | 178/9 | €220,000 | €220,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €43,388 | €433 | -€42,955 | -99.0% |
| Trade debts | 44 | - | €433 | +€433 | |
| Suppliers | 440/4 | - | €433 | +€433 | |
| Other amounts payable | 47/48 | €43,388 | - | -€43,388 | |
| Accrued charges and deferred income | 492/3 | €74,800 | €74,800 | = | 0.0% |
| Other operating charges | 640/8 | €43,718 | €85,533 | +€41,814 | +95.6% |
| Gross operating margin | 9900 | -€3,459 | €8,878 | +€12,337 | |
| Operating profit (loss) | 9901 | -€47,177 | -€76,655 | -€29,477 | -62.5% |
| Financial income | 75/76B | €65,560 | €15,848 | -€49,712 | -75.8% |
| Recurring financial income | 75 | €65,560 | €15,848 | -€49,712 | -75.8% |
| Financial charges | 65/66B | €121,547 | €76,001 | -€45,546 | -37.5% |
| Recurring financial charges | 65 | €121,547 | €76,001 | -€45,546 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | -€103,163 | -€136,807 | -€33,644 | -32.6% |
| Income taxes | 67/77 | -€0 | - | +€0 | |
| Profit (loss) for the period | 9904 | -€103,163 | -€136,807 | -€33,644 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€103,163 | -€136,807 | -€33,644 | -32.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.