MAURY: 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.
MAURY
Largest movements
- Cash +€2,773
up €2,773 (+24.0%), from €11,531 to €14,304
mainly Net result for the year (+€3,018) and Receivables within one year (+€906)
- Receivables within one year -€906
down €906 (-96.9%), from €935 to €29
of which Trade receivables: -€906
- Stocks and contracts -€842
down €842 (-17.7%), from €4,758 to €3,916
- Profit (loss) carried forward +€3,018
up €3,018 (+3.6%), from -€84,277 to -€81,259
- Other debts -€2,281
down €2,281 (-2.8%), from €82,168 to €79,887
- Trade debts +€347
up €347 (+52.0%), from €667 to €1,014
- Gross operating margin -€11,079
down €11,079 (-77.6%), from €14,270 to €3,191
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 | €17,503 | €18,703 | +€1,201 | +6.9% |
| Current assets | 29/58 | €17,503 | €18,703 | +€1,201 | +6.9% |
| Stocks and contracts in progress | 3 | €4,758 | €3,916 | -€842 | -17.7% |
| Stocks | 30/36 | €4,758 | €3,916 | -€842 | -17.7% |
| Amounts receivable within one year | 40/41 | €935 | €29 | -€906 | -96.9% |
| Trade receivables | 40 | €906 | - | -€906 | |
| Other amounts receivable | 41 | €29 | €29 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,531 | €14,304 | +€2,773 | +24.0% |
| Deferred charges and accrued income | 490/1 | €279 | €455 | +€176 | +63.0% |
| Total equity and liabilities | 10/49 | €17,503 | €18,703 | +€1,201 | +6.9% |
| Equity | 10/15 | -€65,677 | -€62,659 | +€3,018 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,277 | -€81,259 | +€3,018 | +3.6% |
| Amounts payable | 17/49 | €83,180 | €81,363 | -€1,817 | -2.2% |
| Amounts payable within one year | 42/48 | €83,180 | €81,363 | -€1,817 | -2.2% |
| Trade debts | 44 | €667 | €1,014 | +€347 | +52.0% |
| Suppliers | 440/4 | €667 | €1,014 | +€347 | +52.0% |
| Taxes, remuneration and social security | 45 | €345 | €462 | +€117 | +33.8% |
| Taxes | 450/3 | €345 | €462 | +€117 | +33.8% |
| Other amounts payable | 47/48 | €82,168 | €79,887 | -€2,281 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90 | - | -€90 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €14,270 | €3,191 | -€11,079 | -77.6% |
| Operating profit (loss) | 9901 | €13,793 | €2,792 | -€11,001 | -79.8% |
| Financial income | 75/76B | €367 | €439 | +€73 | +19.8% |
| Recurring financial income | 75 | €367 | €439 | +€73 | +19.8% |
| Financial charges | 65/66B | €221 | €213 | -€8 | -3.7% |
| Recurring financial charges | 65 | €221 | €213 | -€8 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €13,939 | €3,018 | -€10,921 | -78.3% |
| Profit (loss) for the period | 9904 | €13,939 | €3,018 | -€10,921 | -78.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,939 | €3,018 | -€10,921 | -78.3% |
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 30 September 2026 via checked.be.