MAVERIS: 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.
MAVERIS
Largest movements
- Cash -€23,104
down €23,104 (-36.4%), from €63,530 to €40,425
mainly Other debts (-€10,500) and Tax, wage and social debts (-€8,850)
- Receivables within one year -€1,827
down €1,827 (-13.2%), from €13,803 to €11,976
of which Trade receivables: -€1,410
- Other debts -€10,500
down €10,500 (-100.0%), from €10,500 to €0
- Tax, wage and social debts -€8,850
down €8,850 (-56.9%), from €15,553 to €6,704
of which Taxes: -€9,850
- Reserves -€5,032
down €5,032 (-11.1%), from €45,530 to €40,498
- Gross operating margin -€42,093
down €42,093, from €38,074 to -€4,018
- Taxes -€7,846
down €7,846 (-97.9%), from €8,013 to €167
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 | €77,884 | €52,909 | -€24,975 | -32.1% |
| Current assets | 29/58 | €77,884 | €52,909 | -€24,975 | -32.1% |
| Amounts receivable within one year | 40/41 | €13,803 | €11,976 | -€1,827 | -13.2% |
| Trade receivables | 40 | €9,075 | €7,665 | -€1,410 | -15.5% |
| Other amounts receivable | 41 | €4,728 | €4,311 | -€417 | -8.8% |
| Cash at bank and in hand | 54/58 | €63,530 | €40,425 | -€23,104 | -36.4% |
| Deferred charges and accrued income | 490/1 | €551 | €507 | -€44 | -8.0% |
| Total equity and liabilities | 10/49 | €77,884 | €52,909 | -€24,975 | -32.1% |
| Equity | 10/15 | €50,530 | €45,498 | -€5,032 | -10.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,530 | €40,498 | -€5,032 | -11.1% |
| Distributable reserves | 133 | €45,530 | €40,498 | -€5,032 | -11.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,354 | €7,411 | -€19,943 | -72.9% |
| Amounts payable within one year | 42/48 | €27,354 | €7,411 | -€19,943 | -72.9% |
| Trade debts | 44 | €1,301 | €707 | -€594 | -45.6% |
| Suppliers | 440/4 | €1,301 | €707 | -€594 | -45.6% |
| Taxes, remuneration and social security | 45 | €15,553 | €6,704 | -€8,850 | -56.9% |
| Taxes | 450/3 | €15,553 | €5,704 | -€9,850 | -63.3% |
| Remuneration and social security | 454/9 | €0 | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €10,500 | €0 | -€10,500 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €634 | €536 | -€98 | -15.5% |
| Gross operating margin | 9900 | €38,074 | -€4,018 | -€42,093 | |
| Operating profit (loss) | 9901 | €37,440 | -€4,555 | -€41,995 | |
| Financial income | 75/76B | €319 | €275 | -€44 | -13.8% |
| Recurring financial income | 75 | €319 | €275 | -€44 | -13.8% |
| Financial charges | 65/66B | €718 | €585 | -€133 | -18.5% |
| Recurring financial charges | 65 | €718 | €585 | -€133 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €37,041 | -€4,865 | -€41,906 | |
| Income taxes | 67/77 | €8,013 | €167 | -€7,846 | -97.9% |
| Profit (loss) for the period | 9904 | €29,028 | -€5,032 | -€34,060 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,028 | -€5,032 | -€34,060 |
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 4 October 2026 via checked.be.