MASPOSA: 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.
MASPOSA
Largest movements
- Tangible fixed assets -€11,446
down €11,446 (-16.2%), from €70,638 to €59,192
of which Plant, machinery and equipment: -€8,438
- Cash -€10,224
down €10,224 (-72.2%), from €14,160 to €3,935
mainly Debts after one year (-€9,467) and Tax, wage and social debts (-€4,797)
- Receivables within one year +€2,062
up €2,062 (+103%), from €2,008 to €4,070
of which Other amounts receivable: +€1,292
- Intangible fixed assets +€1,133
up €1,133 (+84.7%), from €1,337 to €2,470
- Debts after one year -€9,467
down €9,467 (-24.3%), from €38,920 to €29,453
- Tax, wage and social debts -€4,797
down €4,797 (-29.4%), from €16,329 to €11,532
of which Taxes: -€3,187
- Profit (loss) carried forward -€4,736
down €4,736 (-44.3%), from €10,694 to €5,958
- Accrued charges and deferred income -€2,484
down €2,484 (-99.8%), from €2,490 to €6
- Other debts +€2,152
up €2,152 (+10,093%), from €21 to €2,173
- Staff costs -€7,210
down €7,210 (-13.3%), from €54,130 to €46,920
- Depreciation +€6,294
up €6,294 (+74.3%), from €8,473 to €14,767
- Gross operating margin +€1,514
up €1,514 (+2.6%), from €58,658 to €60,172
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,579 | €71,297 | -€18,282 | -20.4% |
| Fixed assets | 21/28 | €72,125 | €61,812 | -€10,313 | -14.3% |
| Intangible fixed assets | 21 | €1,337 | €2,470 | +€1,133 | +84.7% |
| Tangible fixed assets | 22/27 | €70,638 | €59,192 | -€11,446 | -16.2% |
| Plant, machinery and equipment | 23 | €33,285 | €24,848 | -€8,438 | -25.3% |
| Furniture and vehicles | 24 | €1,171 | €1,415 | +€244 | +20.8% |
| Other tangible fixed assets | 26 | €36,181 | €32,930 | -€3,252 | -9.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €17,454 | €9,485 | -€7,969 | -45.7% |
| Amounts receivable within one year | 40/41 | €2,008 | €4,070 | +€2,062 | +103% |
| Trade receivables | 40 | €1,177 | €1,947 | +€770 | +65.5% |
| Other amounts receivable | 41 | €831 | €2,123 | +€1,292 | +155% |
| Cash at bank and in hand | 54/58 | €14,160 | €3,935 | -€10,224 | -72.2% |
| Deferred charges and accrued income | 490/1 | €1,287 | €1,480 | +€193 | +15.0% |
| Total equity and liabilities | 10/49 | €89,579 | €71,297 | -€18,282 | -20.4% |
| Equity | 10/15 | €14,194 | €9,458 | -€4,736 | -33.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,694 | €5,958 | -€4,736 | -44.3% |
| Amounts payable | 17/49 | €75,385 | €61,839 | -€13,546 | -18.0% |
| Amounts payable after more than one year | 17 | €38,920 | €29,453 | -€9,467 | -24.3% |
| Financial debts | 170/4 | €38,920 | €29,453 | -€9,467 | -24.3% |
| Amounts payable within one year | 42/48 | €33,975 | €32,380 | -€1,595 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €9,029 | €9,467 | +€438 | +4.9% |
| Trade debts | 44 | €7,685 | €8,219 | +€535 | +7.0% |
| Suppliers | 440/4 | €7,685 | €8,219 | +€535 | +7.0% |
| Advances received on contracts in progress | 46 | €911 | €989 | +€78 | +8.6% |
| Taxes, remuneration and social security | 45 | €16,329 | €11,532 | -€4,797 | -29.4% |
| Taxes | 450/3 | €3,836 | €649 | -€3,187 | -83.1% |
| Remuneration and social security | 454/9 | €12,493 | €10,883 | -€1,610 | -12.9% |
| Other amounts payable | 47/48 | €21 | €2,173 | +€2,152 | +10,093% |
| Accrued charges and deferred income | 492/3 | €2,490 | €6 | -€2,484 | -99.8% |
| Remuneration, social security and pensions | 62 | €54,130 | €46,920 | -€7,210 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,473 | €14,767 | +€6,294 | +74.3% |
| Other operating charges | 640/8 | €795 | €774 | -€21 | -2.6% |
| Gross operating margin | 9900 | €58,658 | €60,172 | +€1,514 | +2.6% |
| Operating profit (loss) | 9901 | -€4,740 | -€2,289 | +€2,451 | +51.7% |
| Financial income | 75/76B | €36 | €132 | +€96 | +263% |
| Recurring financial income | 75 | €36 | €132 | +€96 | +263% |
| Financial charges | 65/66B | €2,830 | €2,578 | -€252 | -8.9% |
| Recurring financial charges | 65 | €2,830 | €2,578 | -€252 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,534 | -€4,736 | +€2,798 | +37.1% |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€7,534 | -€4,736 | +€2,798 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,534 | -€4,736 | +€2,798 | +37.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.