Maulica: what changed
Maulica
Largest movements
- Cash +€54,891
up €54,891 (+67.0%), from €81,985 to €136,876
mainly Net result for the year (+€41,218) and Depreciation (+€18,148)
- Tangible fixed assets -€13,148
down €13,148 (-9.8%), from €134,534 to €121,386
- Receivables within one year -€10,359
down €10,359 (-53.2%), from €19,471 to €9,112
- Reserves +€41,218
up €41,218 (+463%), from €8,910 to €50,129
- Debts after one year -€30,000
down €30,000 (-10.0%), from €300,000 to €270,000
- Other debts -€24,143
down €24,143 (-86.8%), from €27,816 to €3,673
- Tax, wage and social debts +€15,331
up €15,331 (+215%), from €7,128 to €22,459
- Trade debts +€13,582
up €13,582 (+98.0%), from €13,853 to €27,435
- Gross operating margin +€49,540
up €49,540 (+193%), from €25,681 to €75,222
- Taxes +€12,143
up €12,143 (+363%), from €3,341 to €15,484
- Depreciation +€5,083
up €5,083 (+38.9%), from €13,066 to €18,148
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €375,990 | €403,374 | +€27,384 | +7.3% |
| Fixed assets | 21/28 | €134,534 | €121,386 | -€13,148 | -9.8% |
| Tangible fixed assets | 22/27 | €134,534 | €121,386 | -€13,148 | -9.8% |
| Furniture and vehicles | 24 | €134,534 | €121,386 | -€13,148 | -9.8% |
| Current assets | 29/58 | €241,456 | €281,988 | +€40,532 | +16.8% |
| Stocks and contracts in progress | 3 | €140,000 | €136,000 | -€4,000 | -2.9% |
| Stocks | 30/36 | €140,000 | €136,000 | -€4,000 | -2.9% |
| Amounts receivable within one year | 40/41 | €19,471 | €9,112 | -€10,359 | -53.2% |
| Trade receivables | 40 | €19,471 | €9,112 | -€10,359 | -53.2% |
| Cash at bank and in hand | 54/58 | €81,985 | €136,876 | +€54,891 | +67.0% |
| Total equity and liabilities | 10/49 | €375,990 | €403,374 | +€27,384 | +7.3% |
| Equity | 10/15 | €10,910 | €52,129 | +€41,218 | +378% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €8,910 | €50,129 | +€41,218 | +463% |
| Distributable reserves | 133 | €8,910 | €50,129 | +€41,218 | +463% |
| Amounts payable | 17/49 | €365,080 | €351,246 | -€13,834 | -3.8% |
| Amounts payable after more than one year | 17 | €300,000 | €270,000 | -€30,000 | -10.0% |
| Financial debts | 170/4 | €300,000 | €270,000 | -€30,000 | -10.0% |
| Amounts payable within one year | 42/48 | €51,627 | €60,265 | +€8,639 | +16.7% |
| Trade debts | 44 | €13,853 | €27,435 | +€13,582 | +98.0% |
| Suppliers | 440/4 | €13,853 | €27,435 | +€13,582 | +98.0% |
| Advances received on contracts in progress | 46 | €2,830 | €6,699 | +€3,869 | +137% |
| Taxes, remuneration and social security | 45 | €7,128 | €22,459 | +€15,331 | +215% |
| Taxes | 450/3 | €7,128 | €22,459 | +€15,331 | +215% |
| Other amounts payable | 47/48 | €27,816 | €3,673 | -€24,143 | -86.8% |
| Accrued charges and deferred income | 492/3 | €13,453 | €20,980 | +€7,527 | +55.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,066 | €18,148 | +€5,083 | +38.9% |
| Other operating charges | 640/8 | €487 | €497 | +€9 | +1.9% |
| Gross operating margin | 9900 | €25,681 | €75,222 | +€49,540 | +193% |
| Operating profit (loss) | 9901 | €12,128 | €56,577 | +€44,448 | +366% |
| Financial income | 75/76B | €172 | €191 | +€20 | +11.5% |
| Recurring financial income | 75 | €172 | €191 | +€20 | +11.5% |
| Financial charges | 65/66B | €48 | €66 | +€17 | +35.8% |
| Recurring financial charges | 65 | €48 | €66 | +€17 | +35.8% |
| Profit (loss) for the period before taxes | 9903 | €12,252 | €56,702 | +€44,451 | +363% |
| Income taxes | 67/77 | €3,341 | €15,484 | +€12,143 | +363% |
| Profit (loss) for the period | 9904 | €8,910 | €41,218 | +€32,308 | +363% |
| Profit (loss) for the period to be appropriated | 9905 | €8,910 | €41,218 | +€32,308 | +363% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.