MauCa: 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.
MauCa
Largest movements
- Cash +€223,748
up €223,748 (+395.8%), from €56,530 to €280,279
mainly Other debts (+€347,011) and Net result for the year (+€248,964)
- Receivables within one year +€23,364
up €23,364 (+28.9%), from €80,915 to €104,279
of which Other amounts receivable: +€15,119
- Other debts +€347,011
up €347,011 (+11611.4%), from €2,989 to €350,000
- Profit (loss) carried forward -€101,036
down €101,036 (-92.6%), from €109,128 to €8,091
- Gross operating margin +€186,063
up €186,063 (+129.1%), from €144,167 to €330,230
- Taxes +€47,206
up €47,206 (+151.7%), from €31,118 to €78,324
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 | €140,272 | €386,582 | +€246,310 | +175.6% |
| Fixed assets | 21/28 | €2,335 | €1,576 | -€759 | -32.5% |
| Tangible fixed assets | 22/27 | €2,335 | €1,576 | -€759 | -32.5% |
| Plant, machinery and equipment | 23 | €2,335 | €1,576 | -€759 | -32.5% |
| Current assets | 29/58 | €137,937 | €385,006 | +€247,069 | +179.1% |
| Amounts receivable within one year | 40/41 | €80,915 | €104,279 | +€23,364 | +28.9% |
| Trade receivables | 40 | €78,782 | €87,027 | +€8,245 | +10.5% |
| Other amounts receivable | 41 | €2,132 | €17,251 | +€15,119 | +709.1% |
| Cash at bank and in hand | 54/58 | €56,530 | €280,279 | +€223,748 | +395.8% |
| Deferred charges and accrued income | 490/1 | €492 | €449 | -€43 | -8.8% |
| Total equity and liabilities | 10/49 | €140,272 | €386,582 | +€246,310 | +175.6% |
| Equity | 10/15 | €117,628 | €16,591 | -€101,036 | -85.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,128 | €8,091 | -€101,036 | -92.6% |
| Amounts payable | 17/49 | €22,645 | €369,991 | +€347,346 | +1533.9% |
| Amounts payable within one year | 42/48 | €22,297 | €369,991 | +€347,695 | +1559.4% |
| Trade debts | 44 | €1,508 | €2,187 | +€679 | +45.0% |
| Suppliers | 440/4 | €1,508 | €2,187 | +€679 | +45.0% |
| Taxes, remuneration and social security | 45 | €17,800 | €17,804 | +€4 | 0.0% |
| Taxes | 450/3 | €17,800 | €17,804 | +€4 | 0.0% |
| Other amounts payable | 47/48 | €2,989 | €350,000 | +€347,011 | +11611.4% |
| Accrued charges and deferred income | 492/3 | €348 | €0 | -€348 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €759 | €759 | = | 0.0% |
| Other operating charges | 640/8 | €226 | €128 | -€98 | -43.4% |
| Gross operating margin | 9900 | €144,167 | €330,230 | +€186,063 | +129.1% |
| Operating profit (loss) | 9901 | €143,182 | €329,343 | +€186,161 | +130.0% |
| Financial income | 75/76B | - | €434 | +€434 | |
| Recurring financial income | 75 | - | €434 | +€434 | |
| Financial charges | 65/66B | €3,036 | €2,489 | -€546 | -18.0% |
| Recurring financial charges | 65 | €3,036 | €2,489 | -€546 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €140,146 | €327,287 | +€187,141 | +133.5% |
| Income taxes | 67/77 | €31,118 | €78,324 | +€47,206 | +151.7% |
| Profit (loss) for the period | 9904 | €109,028 | €248,964 | +€139,935 | +128.3% |
| Profit (loss) for the period to be appropriated | 9905 | €109,028 | €248,964 | +€139,935 | +128.3% |
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 9 October 2026 via checked.be.