MAUPERTUUS: 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.
MAUPERTUUS
Largest movements
- Cash +€67,039
up €67,039 (+61.7%), from €108,652 to €175,691
mainly Net result for the year (+€87,109) and Depreciation (+€24,248)
- Current investments +€50,000
up €50,000 (+8.3%), from €600,000 to €650,000
- Tangible fixed assets -€15,221
down €15,221 (-2.8%), from €547,680 to €532,459
- Reserves +€87,100
up €87,100 (+12.6%), from €690,124 to €777,224
of which Distributable reserves: +€87,100
- Tax, wage and social debts +€15,631
up €15,631 (+94.1%), from €16,602 to €32,233
- Depreciation -€2,867
down €2,867 (-10.6%), from €27,116 to €24,248
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 | €1,261,687 | €1,364,451 | +€102,763 | +8.1% |
| Fixed assets | 21/28 | €547,680 | €532,459 | -€15,221 | -2.8% |
| Tangible fixed assets | 22/27 | €547,680 | €532,459 | -€15,221 | -2.8% |
| Land and buildings | 22 | €547,680 | €532,459 | -€15,221 | -2.8% |
| Current assets | 29/58 | €714,008 | €831,992 | +€117,985 | +16.5% |
| Current investments | 50/53 | €600,000 | €650,000 | +€50,000 | +8.3% |
| Cash at bank and in hand | 54/58 | €108,652 | €175,691 | +€67,039 | +61.7% |
| Deferred charges and accrued income | 490/1 | €5,355 | €6,301 | +€946 | +17.7% |
| Total equity and liabilities | 10/49 | €1,261,687 | €1,364,451 | +€102,763 | +8.1% |
| Equity | 10/15 | €1,067,026 | €1,154,135 | +€87,109 | +8.2% |
| Contributions | 10/11 | €313,736 | €313,736 | = | 0.0% |
| Capital | 10 | €313,736 | €313,736 | = | 0.0% |
| Issued capital | 100 | €313,736 | €313,736 | = | 0.0% |
| Reserves | 13 | €690,124 | €777,224 | +€87,100 | +12.6% |
| Non-distributable reserves | 130/1 | €31,374 | €31,374 | = | 0.0% |
| Legal reserve | 130 | €31,374 | €31,374 | = | 0.0% |
| Distributable reserves | 133 | €658,750 | €745,850 | +€87,100 | +13.2% |
| Profit (loss) carried forward | 14 | €63,166 | €63,176 | +€9 | 0.0% |
| Amounts payable | 17/49 | €194,662 | €210,315 | +€15,654 | +8.0% |
| Amounts payable within one year | 42/48 | €186,145 | €201,707 | +€15,562 | +8.4% |
| Trade debts | 44 | €98 | - | -€98 | |
| Suppliers | 440/4 | €98 | - | -€98 | |
| Taxes, remuneration and social security | 45 | €16,602 | €32,233 | +€15,631 | +94.1% |
| Taxes | 450/3 | €16,602 | €32,233 | +€15,631 | +94.1% |
| Other amounts payable | 47/48 | €169,445 | €169,474 | +€29 | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,516 | €8,608 | +€92 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,116 | €24,248 | -€2,867 | -10.6% |
| Other operating charges | 640/8 | €15,522 | €15,995 | +€473 | +3.0% |
| Gross operating margin | 9900 | €155,421 | €155,249 | -€172 | -0.1% |
| Operating profit (loss) | 9901 | €112,783 | €115,005 | +€2,222 | +2.0% |
| Financial income | 75/76B | €18,774 | €19,625 | +€852 | +4.5% |
| Recurring financial income | 75 | €18,774 | €19,625 | +€852 | +4.5% |
| Financial charges | 65/66B | €6,828 | €6,871 | +€44 | +0.6% |
| Recurring financial charges | 65 | €6,828 | €6,871 | +€44 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €124,729 | €127,759 | +€3,031 | +2.4% |
| Income taxes | 67/77 | €39,682 | €40,650 | +€968 | +2.4% |
| Profit (loss) for the period | 9904 | €85,046 | €87,109 | +€2,063 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,046 | €87,109 | +€2,063 | +2.4% |
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 16 October 2026 via checked.be.