Maris Management Group: 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.
Maris Management Group
Largest movements
- Receivables within one year -€50,146
down €50,146 (-45.2%), from €111,041 to €60,895
of which Trade receivables: -€50,995
- Tangible fixed assets +€27,645
up €27,645 (+341%), from €8,118 to €35,763
of which Furniture and vehicles: +€16,073
- Cash -€1,721
down €1,721 (-74.0%), from €2,326 to €605
mainly Net result for the year (-€36,972) and Investment in fixed assets (net) (-€30,634)
- Profit (loss) carried forward -€36,972
down €36,972, from €34,656 to -€2,316
- Other debts +€16,292
up €16,292 (+40.7%), from €40,014 to €56,306
- Accrued charges and deferred income -€15,088
down €15,088 (-58.2%), from €25,913 to €10,825
- Trade debts +€10,219
up €10,219 (+337%), from €3,037 to €13,256
- Advances received +€3,205
new in 2025: €3,205
- Gross operating margin -€100,076
down €100,076, from €71,603 to -€28,474
- Taxes +€2,630
new in 2025: €2,630
- Depreciation +€1,427
up €1,427 (+91.3%), from €1,562 to €2,989
- Other operating charges +€756
up €756 (+73.9%), from €1,022 to €1,778
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 | €123,185 | €98,963 | -€24,222 | -19.7% |
| Fixed assets | 21/28 | €9,818 | €37,463 | +€27,645 | +282% |
| Tangible fixed assets | 22/27 | €8,118 | €35,763 | +€27,645 | +341% |
| Land and buildings | 22 | €5,894 | €5,120 | -€774 | -13.1% |
| Plant, machinery and equipment | 23 | €2,225 | €14,570 | +€12,346 | +555% |
| Furniture and vehicles | 24 | €0 | €16,073 | +€16,073 | |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €113,366 | €61,500 | -€51,867 | -45.8% |
| Amounts receivable within one year | 40/41 | €111,041 | €60,895 | -€50,146 | -45.2% |
| Trade receivables | 40 | €107,041 | €56,046 | -€50,995 | -47.6% |
| Other amounts receivable | 41 | €4,000 | €4,849 | +€849 | +21.2% |
| Cash at bank and in hand | 54/58 | €2,326 | €605 | -€1,721 | -74.0% |
| Total equity and liabilities | 10/49 | €123,185 | €98,963 | -€24,222 | -19.7% |
| Equity | 10/15 | €39,656 | €2,684 | -€36,972 | -93.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,656 | -€2,316 | -€36,972 | |
| Amounts payable | 17/49 | €83,529 | €96,279 | +€12,750 | +15.3% |
| Amounts payable within one year | 42/48 | €57,617 | €85,454 | +€27,837 | +48.3% |
| Trade debts | 44 | €3,037 | €13,256 | +€10,219 | +337% |
| Suppliers | 440/4 | €3,037 | €13,256 | +€10,219 | +337% |
| Advances received on contracts in progress | 46 | - | €3,205 | +€3,205 | |
| Taxes, remuneration and social security | 45 | €14,566 | €12,688 | -€1,878 | -12.9% |
| Taxes | 450/3 | €14,566 | €12,688 | -€1,878 | -12.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €40,014 | €56,306 | +€16,292 | +40.7% |
| Accrued charges and deferred income | 492/3 | €25,913 | €10,825 | -€15,088 | -58.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €114 | +€114 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,562 | €2,989 | +€1,427 | +91.3% |
| Other operating charges | 640/8 | €1,022 | €1,778 | +€756 | +73.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €71,603 | -€28,474 | -€100,076 | |
| Operating profit (loss) | 9901 | €69,018 | -€33,355 | -€102,373 | |
| Financial income | 75/76B | €598 | €144 | -€454 | -75.9% |
| Recurring financial income | 75 | €598 | €144 | -€454 | -75.9% |
| Financial charges | 65/66B | €984 | €1,132 | +€148 | +15.0% |
| Recurring financial charges | 65 | €984 | €1,132 | +€148 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €68,632 | -€34,342 | -€102,975 | |
| Income taxes | 67/77 | - | €2,630 | +€2,630 | |
| Profit (loss) for the period | 9904 | €68,632 | -€36,972 | -€105,604 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,632 | -€36,972 | -€105,604 |
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.