MaPos: 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.
MaPos
Largest movements
- Cash -€17,361
down €17,361 (-24.9%), from €69,775 to €52,415
mainly Net result for the year (-€16,964) and Other debts (-€1,967)
- Tangible fixed assets -€1,285
down €1,285 (-14.5%), from €8,881 to €7,596
of which Plant, machinery and equipment: -€993
- Profit (loss) carried forward -€16,964
down €16,964 (-52.4%), from €32,376 to €15,412
- Other debts -€1,967
down €1,967 (-23.6%), from €8,351 to €6,384
- Tax, wage and social debts -€794
down €794 (-68.1%), from €1,166 to €372
- Gross operating margin +€2,142
up €2,142 (+13.5%), from -€15,902 to -€13,760
- Financial charges -€189
down €189 (-25.0%), from €756 to €567
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 | €79,058 | €60,218 | -€18,840 | -23.8% |
| Fixed assets | 21/28 | €8,881 | €7,596 | -€1,285 | -14.5% |
| Tangible fixed assets | 22/27 | €8,881 | €7,596 | -€1,285 | -14.5% |
| Plant, machinery and equipment | 23 | €8,565 | €7,571 | -€993 | -11.6% |
| Furniture and vehicles | 24 | €317 | €25 | -€292 | -92.2% |
| Current assets | 29/58 | €70,177 | €52,622 | -€17,555 | -25.0% |
| Amounts receivable within one year | 40/41 | €401 | €207 | -€195 | -48.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €401 | €207 | -€195 | -48.5% |
| Cash at bank and in hand | 54/58 | €69,775 | €52,415 | -€17,361 | -24.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €79,058 | €60,218 | -€18,840 | -23.8% |
| Equity | 10/15 | €68,776 | €51,812 | -€16,964 | -24.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €35,400 | €35,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,000 | €18,000 | = | 0.0% |
| Distributable reserves | 133 | €17,300 | €17,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,376 | €15,412 | -€16,964 | -52.4% |
| Amounts payable | 17/49 | €10,282 | €8,406 | -€1,876 | -18.2% |
| Amounts payable within one year | 42/48 | €9,577 | €7,188 | -€2,389 | -24.9% |
| Trade debts | 44 | €61 | €433 | +€372 | +615.0% |
| Suppliers | 440/4 | €61 | €433 | +€372 | +615.0% |
| Taxes, remuneration and social security | 45 | €1,166 | €372 | -€794 | -68.1% |
| Taxes | 450/3 | €1,166 | €372 | -€794 | -68.1% |
| Other amounts payable | 47/48 | €8,351 | €6,384 | -€1,967 | -23.6% |
| Accrued charges and deferred income | 492/3 | €705 | €1,218 | +€513 | +72.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,329 | €1,285 | -€44 | -3.3% |
| Other operating charges | 640/8 | €1,135 | €1,162 | +€27 | +2.4% |
| Gross operating margin | 9900 | -€15,902 | -€13,760 | +€2,142 | +13.5% |
| Operating profit (loss) | 9901 | -€18,366 | -€16,208 | +€2,158 | +11.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €756 | €567 | -€189 | -25.0% |
| Recurring financial charges | 65 | €756 | €567 | -€189 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,122 | -€16,775 | +€2,347 | +12.3% |
| Income taxes | 67/77 | €182 | €189 | +€7 | +3.8% |
| Profit (loss) for the period | 9904 | -€19,304 | -€16,964 | +€2,340 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,304 | -€16,964 | +€2,340 | +12.1% |
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 7 October 2026 via checked.be.