MAPLE-TREE RENTAL & MAINTENANCE: 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-TREE RENTAL & MAINTENANCE
Largest movements
- Tangible fixed assets +€3.0m
new in 2025: €3.0m
- Receivables within one year -€150,000
down €150,000 (-100%), from €150,000 to €0
- Cash +€54,408
up €54,408 (+3,320%), from €1,639 to €56,047
mainly Debts after one year (+€3.0m) and Depreciation (+€407,370)
- Debts after one year +€3.0m
up €3.0m (+2,026%), from €150,000 to €3.2m
of which Financial debts: +€2.1m
- Profit (loss) carried forward -€372,111
down €372,111 (-4,450%), from -€8,361 to -€380,473
- Current portion of long-term debt +€133,401
new in 2025: €133,401
- Accrued charges and deferred income +€59,638
new in 2025: €59,638
- Depreciation +€407,370
new in 2025: €407,370
- Gross operating margin +€160,572
up €160,572, from -€3,333 to €157,240
- Financial charges +€121,375
up €121,375 (+155,013%), from €78 to €121,453
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.
Derived cash bridge
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 | €151,639 | €3,011,653 | +€2.9m | +1,886% |
| Fixed assets | 21/28 | - | €2,952,630 | +€3.0m | |
| Tangible fixed assets | 22/27 | - | €2,952,630 | +€3.0m | |
| Land and buildings | 22 | - | €2,952,630 | +€3.0m | |
| Current assets | 29/58 | €151,639 | €59,022 | -€92,616 | -61.1% |
| Amounts receivable within one year | 40/41 | €150,000 | €0 | -€150,000 | -100% |
| Trade receivables | 40 | €150,000 | €0 | -€150,000 | -100% |
| Cash at bank and in hand | 54/58 | €1,639 | €56,047 | +€54,408 | +3,320% |
| Deferred charges and accrued income | 490/1 | - | €2,975 | +€2,975 | |
| Total equity and liabilities | 10/49 | €151,639 | €3,011,653 | +€2.9m | +1,886% |
| Equity | 10/15 | €1,639 | -€370,473 | -€372,111 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,361 | -€380,473 | -€372,111 | -4,450% |
| Amounts payable | 17/49 | €150,000 | €3,382,125 | +€3.2m | +2,155% |
| Amounts payable after more than one year | 17 | €150,000 | €3,189,086 | +€3.0m | +2,026% |
| Financial debts | 170/4 | - | €2,139,086 | +€2.1m | |
| Other amounts payable | 178/9 | €150,000 | €1,050,000 | +€900,000 | +600% |
| Amounts payable within one year | 42/48 | - | €133,401 | +€133,401 | |
| Current portion of amounts payable after more than one year | 42 | - | €133,401 | +€133,401 | |
| Accrued charges and deferred income | 492/3 | - | €59,638 | +€59,638 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €407,370 | +€407,370 | |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€3,333 | €157,240 | +€160,572 | |
| Operating profit (loss) | 9901 | -€3,846 | -€250,658 | -€246,812 | -6,418% |
| Financial charges | 65/66B | €78 | €121,453 | +€121,375 | +155,013% |
| Recurring financial charges | 65 | €78 | €121,453 | +€121,375 | +155,013% |
| Profit (loss) for the period before taxes | 9903 | -€3,924 | -€372,111 | -€368,187 | -9,383% |
| Profit (loss) for the period | 9904 | -€3,924 | -€372,111 | -€368,187 | -9,383% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,924 | -€372,111 | -€368,187 | -9,383% |
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 26 October 2026 via checked.be.