MAPRT: 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.
MAPRT
Largest movements
- Cash +€32,239
up €32,239 (+64.5%), from €50,011 to €82,250
mainly Net result for the year (+€54,059) and Tax, wage and social debts (+€2,700)
- Current investments +€24,000
up €24,000 (+600.0%), from €4,000 to €28,000
- Profit (loss) carried forward +€53,226
up €53,226 (+129.1%), from €41,216 to €94,442
- Tax, wage and social debts +€2,700
up €2,700 (+24.9%), from €10,836 to €13,536
- Gross operating margin +€11,593
up €11,593 (+20.7%), from €56,004 to €67,596
- Depreciation -€3,070
down €3,070 (-96.3%), from €3,187 to €117
- Taxes +€3,054
up €3,054 (+28.9%), from €10,578 to €13,632
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 | €54,254 | €110,411 | +€56,157 | +103.5% |
| Fixed assets | 21/28 | €243 | €126 | -€117 | -48.1% |
| Tangible fixed assets | 22/27 | €243 | €126 | -€117 | -48.1% |
| Furniture and vehicles | 24 | €243 | €126 | -€117 | -48.1% |
| Current assets | 29/58 | €54,011 | €110,285 | +€56,274 | +104.2% |
| Current investments | 50/53 | €4,000 | €28,000 | +€24,000 | +600.0% |
| Cash at bank and in hand | 54/58 | €50,011 | €82,250 | +€32,239 | +64.5% |
| Deferred charges and accrued income | 490/1 | - | €35 | +€35 | |
| Total equity and liabilities | 10/49 | €54,254 | €110,411 | +€56,157 | +103.5% |
| Equity | 10/15 | €42,816 | €96,042 | +€53,226 | +124.3% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,216 | €94,442 | +€53,226 | +129.1% |
| Amounts payable | 17/49 | €11,437 | €14,369 | +€2,931 | +25.6% |
| Amounts payable within one year | 42/48 | €11,437 | €14,369 | +€2,931 | +25.6% |
| Taxes, remuneration and social security | 45 | €10,836 | €13,536 | +€2,700 | +24.9% |
| Taxes | 450/3 | €10,836 | €13,536 | +€2,700 | +24.9% |
| Other amounts payable | 47/48 | €601 | €833 | +€232 | +38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,187 | €117 | -€3,070 | -96.3% |
| Other operating charges | 640/8 | €106 | €66 | -€40 | -37.7% |
| Gross operating margin | 9900 | €56,004 | €67,596 | +€11,593 | +20.7% |
| Operating profit (loss) | 9901 | €52,711 | €67,414 | +€14,703 | +27.9% |
| Financial income | 75/76B | - | €322 | +€322 | |
| Recurring financial income | 75 | - | €322 | +€322 | |
| Financial charges | 65/66B | €58 | €45 | -€13 | -21.8% |
| Recurring financial charges | 65 | €58 | €45 | -€13 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €52,654 | €67,691 | +€15,038 | +28.6% |
| Income taxes | 67/77 | €10,578 | €13,632 | +€3,054 | +28.9% |
| Profit (loss) for the period | 9904 | €42,075 | €54,059 | +€11,984 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,075 | €54,059 | +€11,984 | +28.5% |
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 4 October 2026 via checked.be.