MAURUS: 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.
MAURUS
Largest movements
- Receivables within one year +€63,869
up €63,869 (+18629.9%), from €343 to €64,212
of which Other amounts receivable: +€63,862
- Stocks and contracts -€29,453
down €29,453 (-5.0%), from €587,044 to €557,591
- Other debts +€43,645
up €43,645 (+26.1%), from €167,130 to €210,775
- Debts after one year +€15,000
new in 2025: €15,000
- Tax, wage and social debts -€14,736
down €14,736 (-98.8%), from €14,912 to €176
- Profit (loss) carried forward -€8,944
down €8,944 (-3.2%), from €283,131 to €274,187
- Taxes -€63,589
down €63,589, from €766 to -€62,823
- Gross operating margin -€61,518
down €61,518, from €2,956 to -€58,562
- Depreciation -€1,753
down €1,753 (-59.4%), from €2,952 to €1,199
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €601,773 | €634,696 | +€32,923 | +5.5% |
| Fixed assets | 21/28 | €13,979 | €12,780 | -€1,199 | -8.6% |
| Tangible fixed assets | 22/27 | €1,229 | €30 | -€1,199 | -97.6% |
| Furniture and vehicles | 24 | €1,229 | €30 | -€1,199 | -97.6% |
| Financial fixed assets | 28 | €12,750 | €12,750 | = | 0.0% |
| Current assets | 29/58 | €587,794 | €621,915 | +€34,122 | +5.8% |
| Stocks and contracts in progress | 3 | €587,044 | €557,591 | -€29,453 | -5.0% |
| Stocks | 30/36 | €587,044 | €557,591 | -€29,453 | -5.0% |
| Amounts receivable within one year | 40/41 | €343 | €64,212 | +€63,869 | +18629.9% |
| Trade receivables | 40 | - | €7 | +€7 | |
| Other amounts receivable | 41 | €343 | €64,205 | +€63,862 | +18628.0% |
| Deferred charges and accrued income | 490/1 | €407 | €113 | -€294 | -72.3% |
| Total equity and liabilities | 10/49 | €601,773 | €634,696 | +€32,923 | +5.5% |
| Equity | 10/15 | €404,931 | €395,987 | -€8,944 | -2.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Share premium | 1100/10 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €119,799 | €119,799 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €117,939 | €117,939 | = | 0.0% |
| Profit (loss) carried forward | 14 | €283,131 | €274,187 | -€8,944 | -3.2% |
| Amounts payable | 17/49 | €196,842 | €238,709 | +€41,866 | +21.3% |
| Amounts payable after more than one year | 17 | - | €15,000 | +€15,000 | |
| Financial debts | 170/4 | - | €15,000 | +€15,000 | |
| Amounts payable within one year | 42/48 | €196,842 | €223,709 | +€26,866 | +13.6% |
| Financial debts | 43 | €10,908 | €8,589 | -€2,319 | -21.3% |
| Credit institutions | 430/8 | €10,908 | €8,589 | -€2,319 | -21.3% |
| Trade debts | 44 | €3,892 | €4,168 | +€276 | +7.1% |
| Suppliers | 440/4 | €3,892 | €4,168 | +€276 | +7.1% |
| Taxes, remuneration and social security | 45 | €14,912 | €176 | -€14,736 | -98.8% |
| Taxes | 450/3 | €14,912 | €176 | -€14,736 | -98.8% |
| Other amounts payable | 47/48 | €167,130 | €210,775 | +€43,645 | +26.1% |
| Remuneration, social security and pensions | 62 | -€134 | - | +€134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,952 | €1,199 | -€1,753 | -59.4% |
| Other operating charges | 640/8 | €1,120 | €747 | -€373 | -33.3% |
| Non-recurring operating charges | 66A | - | €9,225 | +€9,225 | |
| Gross operating margin | 9900 | €2,956 | -€58,562 | -€61,518 | |
| Operating profit (loss) | 9901 | -€982 | -€69,734 | -€68,752 | -7004.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,474 | €2,033 | +€560 | +38.0% |
| Recurring financial charges | 65 | €1,474 | €2,033 | +€560 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,455 | -€71,767 | -€69,312 | -2823.1% |
| Income taxes | 67/77 | €766 | -€62,823 | -€63,589 | |
| Profit (loss) for the period | 9904 | -€3,221 | -€8,944 | -€5,723 | -177.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,221 | -€8,944 | -€5,723 | -177.7% |
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 29 September 2026 via checked.be.