Mapo Management: what changed
What changed
Mapo Management
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€3,812
2024 · €18,159-€14,347
Equity
€2.5m
2024 · €2.5m+€3,812
Cash
€6,248
2024 · €6,220+€28
Balance sheet total
€6.1m
2024 · €6.1m+€33,436
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€337,425
up €337,425 (+117%), from €288,669 to €626,094
- Debts after one year -€290,805
down €290,805 (-10.3%), from €2.8m to €2.5m
Income statement
- Staff costs +€29,460
up €29,460 (+43.9%), from €67,110 to €96,570
- Gross operating margin +€7,731
up €7,731 (+7.7%), from €100,616 to €108,347
- Taxes -€5,297
down €5,297 (-48.3%), from €10,977 to €5,680
- Financial charges -€3,021
down €3,021 (-74.5%), from €4,057 to €1,036
- Financial income -€1,118
down €1,118 (-100%), from €1,118 to €0
of which Financial income: -€1,118
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.
Result 2024
€18,159
Gross operating margin
+€7,731
Staff costs
-€29,460
Other operating charges
+€183
Financial income
-€1,118
Financial charges
+€3,021
Taxes
+€5,297
Result 2025
€3,812
raises the resultlowers the result
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.
From operations
+€330,936
Investment
-€20,000
Financing
-€310,907
Cash 2024
€6,220
From operations (derived)
+€330,936
Net result for the year
+€3,812
Receivables within one year
-€13,310
Smaller working-capital items
-€15
Trade debts
+€4,406
Tax, wage and social debts
-€1,382
Other debts
+€337,425
Investment (derived)
-€20,000
Investment in fixed assets (net)
-€20,000
Financing
-€310,907
Debts after one year
-€290,805
Current portion of long-term debt
-€20,102
Cash 2025
€6,248
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,061,486 | €6,094,922 | +€33,436 | +0.6% |
| Fixed assets | 21/28 | €6,049,012 | €6,069,012 | +€20,000 | +0.3% |
| Financial fixed assets | 28 | €6,049,012 | €6,069,012 | +€20,000 | +0.3% |
| Current assets | 29/58 | €12,474 | €25,910 | +€13,436 | +108% |
| Amounts receivable within one year | 40/41 | €1,210 | €14,520 | +€13,310 | +1,100% |
| Trade receivables | 40 | €1,210 | €0 | -€1,210 | -100% |
| Other amounts receivable | 41 | - | €14,520 | +€14,520 | |
| Cash at bank and in hand | 54/58 | €6,220 | €6,248 | +€28 | +0.5% |
| Deferred charges and accrued income | 490/1 | €5,044 | €5,142 | +€98 | +1.9% |
| Total equity and liabilities | 10/49 | €6,061,486 | €6,094,922 | +€33,436 | +0.6% |
| Equity | 10/15 | €2,457,234 | €2,461,047 | +€3,812 | +0.2% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €2,332,234 | €2,336,047 | +€3,812 | +0.2% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €2,319,734 | €2,323,547 | +€3,812 | +0.2% |
| Amounts payable | 17/49 | €3,604,252 | €3,633,876 | +€29,624 | +0.8% |
| Amounts payable after more than one year | 17 | €2,818,631 | €2,527,826 | -€290,805 | -10.3% |
| Financial debts | 170/4 | €2,818,631 | €2,527,826 | -€290,805 | -10.3% |
| Amounts payable within one year | 42/48 | €354,061 | €674,407 | +€320,346 | +90.5% |
| Current portion of amounts payable after more than one year | 42 | €20,102 | €0 | -€20,102 | -100% |
| Trade debts | 44 | €18,967 | €23,372 | +€4,406 | +23.2% |
| Suppliers | 440/4 | €18,967 | €23,372 | +€4,406 | +23.2% |
| Taxes, remuneration and social security | 45 | €26,323 | €24,941 | -€1,382 | -5.3% |
| Taxes | 450/3 | €13,493 | €9,697 | -€3,796 | -28.1% |
| Remuneration and social security | 454/9 | €12,830 | €15,244 | +€2,414 | +18.8% |
| Other amounts payable | 47/48 | €288,669 | €626,094 | +€337,425 | +117% |
| Accrued charges and deferred income | 492/3 | €431,559 | €431,642 | +€83 | 0.0% |
| Remuneration, social security and pensions | 62 | €67,110 | €96,570 | +€29,460 | +43.9% |
| Other operating charges | 640/8 | €1,431 | €1,248 | -€183 | -12.8% |
| Gross operating margin | 9900 | €100,616 | €108,347 | +€7,731 | +7.7% |
| Operating profit (loss) | 9901 | €32,075 | €10,528 | -€21,546 | -67.2% |
| Financial income | 75/76B | €1,118 | €0 | -€1,118 | -100% |
| Recurring financial income | 75 | €1,118 | €0 | -€1,118 | -100% |
| Non-recurring financial income | 76B | €1,118 | €0 | -€1,118 | -100% |
| Financial charges | 65/66B | €4,057 | €1,036 | -€3,021 | -74.5% |
| Recurring financial charges | 65 | €4,057 | €1,036 | -€3,021 | -74.5% |
| Profit (loss) for the period before taxes | 9903 | €29,135 | €9,492 | -€19,643 | -67.4% |
| Income taxes | 67/77 | €10,977 | €5,680 | -€5,297 | -48.3% |
| Profit (loss) for the period | 9904 | €18,159 | €3,812 | -€14,347 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,159 | €3,812 | -€14,347 | -79.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.