MARIPOSA: 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.
MARIPOSA
Largest movements
- Receivables within one year -€273,344
down €273,344 (-34.4%), from €793,800 to €520,456
of which Other amounts receivable: -€266,762
- Tangible fixed assets -€67,933
down €67,933 (-6.1%), from €1.1m to €1.1m
of which Land and buildings: -€40,479
- Cash -€41,222
down €41,222 (-92.3%), from €44,670 to €3,448
mainly Current portion of long-term debt (-€356,517) and Trade debts (-€88,518)
- Deferred charges and accrued income +€31,094
up €31,094 (+3,239%), from €960 to €32,054
- Current portion of long-term debt -€356,517
down €356,517 (-66.1%), from €538,957 to €182,440
- Accrued charges and deferred income +€164,381
new in 2025: €164,381
- Trade debts -€88,518
down €88,518 (-36.9%), from €239,730 to €151,212
- Other debts +€76,767
up €76,767 (+9,031%), from €850 to €77,617
- Debts after one year -€75,221
down €75,221 (-80.7%), from €93,211 to €17,990
- Staff costs +€149,025
up €149,025 (+5.0%), from €3.0m to €3.1m
- Gross operating margin +€84,136
up €84,136 (+2.6%), from €3.2m to €3.3m
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 | €1,965,480 | €1,614,710 | -€350,770 | -17.8% |
| Fixed assets | 21/28 | €1,122,605 | €1,054,672 | -€67,933 | -6.1% |
| Tangible fixed assets | 22/27 | €1,119,419 | €1,051,486 | -€67,933 | -6.1% |
| Land and buildings | 22 | €1,084,642 | €1,044,163 | -€40,479 | -3.7% |
| Plant, machinery and equipment | 23 | €6,998 | €2,329 | -€4,669 | -66.7% |
| Leasing and similar rights | 25 | €27,779 | €4,994 | -€22,785 | -82.0% |
| Financial fixed assets | 28 | €3,186 | €3,186 | = | 0.0% |
| Current assets | 29/58 | €842,875 | €560,038 | -€282,837 | -33.6% |
| Stocks and contracts in progress | 3 | €3,445 | €4,080 | +€635 | +18.4% |
| Stocks | 30/36 | €3,445 | €4,080 | +€635 | +18.4% |
| Amounts receivable within one year | 40/41 | €793,800 | €520,456 | -€273,344 | -34.4% |
| Trade receivables | 40 | €503,346 | €496,764 | -€6,582 | -1.3% |
| Other amounts receivable | 41 | €290,454 | €23,692 | -€266,762 | -91.8% |
| Cash at bank and in hand | 54/58 | €44,670 | €3,448 | -€41,222 | -92.3% |
| Deferred charges and accrued income | 490/1 | €960 | €32,054 | +€31,094 | +3,239% |
| Total equity and liabilities | 10/49 | €1,965,480 | €1,614,710 | -€350,770 | -17.8% |
| Equity | 10/15 | €387,980 | €393,453 | +€5,473 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €368,302 | €373,302 | +€5,000 | +1.4% |
| Distributable reserves | 133 | €368,302 | €373,302 | +€5,000 | +1.4% |
| Profit (loss) carried forward | 14 | €1,078 | €1,551 | +€473 | +43.9% |
| Amounts payable | 17/49 | €1,577,500 | €1,221,257 | -€356,243 | -22.6% |
| Amounts payable after more than one year | 17 | €93,211 | €17,990 | -€75,221 | -80.7% |
| Financial debts | 170/4 | €93,211 | €17,990 | -€75,221 | -80.7% |
| Amounts payable within one year | 42/48 | €1,484,289 | €1,038,886 | -€445,403 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €538,957 | €182,440 | -€356,517 | -66.1% |
| Financial debts | 43 | €50,696 | €7,100 | -€43,596 | -86.0% |
| Credit institutions | 430/8 | €50,696 | €7,100 | -€43,596 | -86.0% |
| Trade debts | 44 | €239,730 | €151,212 | -€88,518 | -36.9% |
| Suppliers | 440/4 | €239,730 | €151,212 | -€88,518 | -36.9% |
| Taxes, remuneration and social security | 45 | €654,056 | €620,517 | -€33,539 | -5.1% |
| Taxes | 450/3 | €105,240 | €121,225 | +€15,985 | +15.2% |
| Remuneration and social security | 454/9 | €548,816 | €499,292 | -€49,524 | -9.0% |
| Other amounts payable | 47/48 | €850 | €77,617 | +€76,767 | +9,031% |
| Accrued charges and deferred income | 492/3 | - | €164,381 | +€164,381 | |
| Remuneration, social security and pensions | 62 | €2,959,218 | €3,108,243 | +€149,025 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,022 | €130,853 | +€1,831 | +1.4% |
| Other operating charges | 640/8 | €28,966 | €45,420 | +€16,454 | +56.8% |
| Non-recurring operating charges | 66A | €287,978 | - | -€287,978 | |
| Gross operating margin | 9900 | €3,249,747 | €3,333,883 | +€84,136 | +2.6% |
| Operating profit (loss) | 9901 | -€155,437 | €49,367 | +€204,804 | |
| Financial income | 75/76B | €8 | €33 | +€25 | +313% |
| Recurring financial income | 75 | €8 | €33 | +€25 | +313% |
| Financial charges | 65/66B | €36,056 | €22,868 | -€13,188 | -36.6% |
| Recurring financial charges | 65 | €36,056 | €22,868 | -€13,188 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | -€191,485 | €26,532 | +€218,017 | |
| Income taxes | 67/77 | €22,919 | €21,059 | -€1,860 | -8.1% |
| Profit (loss) for the period | 9904 | -€214,404 | €5,473 | +€219,877 | |
| Profit (loss) for the period to be appropriated | 9905 | -€214,404 | €5,473 | +€219,877 |
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 23 October 2026 via checked.be.