MAVERICK: 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.
MAVERICK
Largest movements
- Tangible fixed assets -€7,627
down €7,627 (-12.0%), from €63,812 to €56,185
of which Land and buildings: -€19,127
- Cash +€5,400
up €5,400 (+182.2%), from €2,964 to €8,364
mainly Other debts (+€56,162) and Depreciation (+€23,469)
- Other debts +€56,162
up €56,162 (+134.2%), from €41,855 to €98,017
- Debts after one year -€29,126
down €29,126 (-25.8%), from €112,852 to €83,727
- Profit (loss) carried forward -€28,397
down €28,397 (-25.9%), from -€109,618 to -€138,016
- Trade debts -€2,845
down €2,845 (-71.1%), from €4,001 to €1,156
- Current portion of long-term debt +€1,317
up €1,317 (+4.7%), from €27,809 to €29,126
- Gross operating margin -€16,958
down €16,958 (-87.5%), from €19,373 to €2,415
- Depreciation +€12,149
up €12,149 (+107.3%), from €11,320 to €23,469
- Financial charges -€1,671
down €1,671 (-19.9%), from €8,397 to €6,726
- Other operating charges -€1,410
down €1,410 (-69.6%), from €2,028 to €617
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,894 | €109,303 | -€1,591 | -1.4% |
| Fixed assets | 21/28 | €106,125 | €98,498 | -€7,627 | -7.2% |
| Tangible fixed assets | 22/27 | €63,812 | €56,185 | -€7,627 | -12.0% |
| Land and buildings | 22 | €47,075 | €27,949 | -€19,127 | -40.6% |
| Plant, machinery and equipment | 23 | €14,877 | €13,666 | -€1,211 | -8.1% |
| Furniture and vehicles | 24 | €1,860 | €14,570 | +€12,711 | +683.4% |
| Financial fixed assets | 28 | €42,313 | €42,313 | = | 0.0% |
| Current assets | 29/58 | €4,769 | €10,805 | +€6,036 | +126.6% |
| Amounts receivable within one year | 40/41 | €1,805 | €2,329 | +€524 | +29.0% |
| Trade receivables | 40 | €1,416 | €2,329 | +€914 | +64.5% |
| Other amounts receivable | 41 | €390 | €0 | -€390 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,964 | €8,364 | +€5,400 | +182.2% |
| Deferred charges and accrued income | 490/1 | - | €112 | +€112 | |
| Total equity and liabilities | 10/49 | €110,894 | €109,303 | -€1,591 | -1.4% |
| Equity | 10/15 | -€75,623 | -€104,020 | -€28,397 | -37.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €15,403 | €15,403 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €13,544 | €13,544 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,618 | -€138,016 | -€28,397 | -25.9% |
| Amounts payable | 17/49 | €186,517 | €213,323 | +€26,806 | +14.4% |
| Amounts payable after more than one year | 17 | €112,852 | €83,727 | -€29,126 | -25.8% |
| Financial debts | 170/4 | €112,852 | €83,727 | -€29,126 | -25.8% |
| Amounts payable within one year | 42/48 | €73,665 | €129,209 | +€55,545 | +75.4% |
| Current portion of amounts payable after more than one year | 42 | €27,809 | €29,126 | +€1,317 | +4.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,001 | €1,156 | -€2,845 | -71.1% |
| Suppliers | 440/4 | €4,001 | €1,156 | -€2,845 | -71.1% |
| Taxes, remuneration and social security | 45 | €0 | €910 | +€910 | |
| Taxes | 450/3 | €0 | €910 | +€910 | |
| Other amounts payable | 47/48 | €41,855 | €98,017 | +€56,162 | +134.2% |
| Accrued charges and deferred income | 492/3 | - | €387 | +€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,320 | €23,469 | +€12,149 | +107.3% |
| Other operating charges | 640/8 | €2,028 | €617 | -€1,410 | -69.6% |
| Gross operating margin | 9900 | €19,373 | €2,415 | -€16,958 | -87.5% |
| Operating profit (loss) | 9901 | €6,025 | -€21,671 | -€27,696 | |
| Financial charges | 65/66B | €8,397 | €6,726 | -€1,671 | -19.9% |
| Recurring financial charges | 65 | €8,397 | €6,726 | -€1,671 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,372 | -€28,397 | -€26,025 | -1097.1% |
| Profit (loss) for the period | 9904 | -€2,372 | -€28,397 | -€26,025 | -1097.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,372 | -€28,397 | -€26,025 | -1097.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.