MAUPIN & CO: 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.
MAUPIN & CO
Largest movements
- Tangible fixed assets +€6,776
up €6,776 (+67.5%), from €10,036 to €16,813
- Receivables within one year +€5,201
up €5,201 (+37.6%), from €13,822 to €19,023
of which Trade receivables: +€6,611
- Cash +€1,246
up €1,246 (+13.9%), from €8,964 to €10,211
mainly Other debts (+€11,234) and Depreciation (+€5,813)
- Deferred charges and accrued income +€1,063
up €1,063 (+148%), from €720 to €1,783
- Stocks and contracts +€672
up €672 (+18.3%), from €3,676 to €4,348
- Other debts +€11,234
up €11,234 (+37.1%), from €30,275 to €41,509
- Profit (loss) carried forward +€3,002
up €3,002 (+19.0%), from -€15,814 to -€12,812
- Trade debts +€944
up €944 (+58.6%), from €1,611 to €2,554
- Staff costs -€2,286
down €2,286 (-19.9%), from €11,468 to €9,182
- Depreciation +€1,349
up €1,349 (+30.2%), from €4,464 to €5,813
- Gross operating margin +€758
up €758 (+4.0%), from €18,926 to €19,683
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 | €37,274 | €52,232 | +€14,958 | +40.1% |
| Fixed assets | 21/28 | €10,091 | €16,868 | +€6,776 | +67.1% |
| Tangible fixed assets | 22/27 | €10,036 | €16,813 | +€6,776 | +67.5% |
| Furniture and vehicles | 24 | €10,036 | €16,813 | +€6,776 | +67.5% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €27,182 | €35,364 | +€8,182 | +30.1% |
| Stocks and contracts in progress | 3 | €3,676 | €4,348 | +€672 | +18.3% |
| Stocks | 30/36 | €3,676 | €4,348 | +€672 | +18.3% |
| Amounts receivable within one year | 40/41 | €13,822 | €19,023 | +€5,201 | +37.6% |
| Trade receivables | 40 | €11,086 | €17,697 | +€6,611 | +59.6% |
| Other amounts receivable | 41 | €2,737 | €1,326 | -€1,410 | -51.5% |
| Cash at bank and in hand | 54/58 | €8,964 | €10,211 | +€1,246 | +13.9% |
| Deferred charges and accrued income | 490/1 | €720 | €1,783 | +€1,063 | +148% |
| Total equity and liabilities | 10/49 | €37,274 | €52,232 | +€14,958 | +40.1% |
| Equity | 10/15 | €4,637 | €7,640 | +€3,002 | +64.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,901 | €1,901 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,901 | €1,901 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,901 | €1,901 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,814 | -€12,812 | +€3,002 | +19.0% |
| Amounts payable | 17/49 | €32,637 | €44,593 | +€11,956 | +36.6% |
| Amounts payable within one year | 42/48 | €32,637 | €44,593 | +€11,956 | +36.6% |
| Trade debts | 44 | €1,611 | €2,554 | +€944 | +58.6% |
| Suppliers | 440/4 | €1,611 | €2,554 | +€944 | +58.6% |
| Taxes, remuneration and social security | 45 | €751 | €529 | -€221 | -29.5% |
| Taxes | 450/3 | €61 | - | -€61 | |
| Remuneration and social security | 454/9 | €689 | €529 | -€160 | -23.2% |
| Other amounts payable | 47/48 | €30,275 | €41,509 | +€11,234 | +37.1% |
| Remuneration, social security and pensions | 62 | €11,468 | €9,182 | -€2,286 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,464 | €5,813 | +€1,349 | +30.2% |
| Other operating charges | 640/8 | €1,601 | €1,542 | -€60 | -3.7% |
| Gross operating margin | 9900 | €18,926 | €19,683 | +€758 | +4.0% |
| Operating profit (loss) | 9901 | €1,392 | €3,147 | +€1,754 | +126% |
| Financial income | 75/76B | €2 | €76 | +€74 | +4,852% |
| Recurring financial income | 75 | €2 | €76 | +€74 | +4,852% |
| Financial charges | 65/66B | €355 | €220 | -€135 | -38.0% |
| Recurring financial charges | 65 | €355 | €220 | -€135 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €1,039 | €3,002 | +€1,964 | +189% |
| Profit (loss) for the period | 9904 | €1,039 | €3,002 | +€1,964 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €1,039 | €3,002 | +€1,964 | +189% |
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 19 October 2026 via checked.be.