THE MAPLE: what changed
THE MAPLE
Largest movements
- Cash -€2,277
down €2,277 (-22.1%), from €10,314 to €8,038
mainly Other debts (-€11,005) and Stocks and contracts (-€1,029)
- Tangible fixed assets -€1,602
down €1,602 (-33.6%), from €4,767 to €3,165
of which Plant, machinery and equipment: -€858
- Stocks and contracts +€1,029
up €1,029 (+11.1%), from €9,249 to €10,278
- Other debts -€11,005
down €11,005 (-71.6%), from €15,366 to €4,361
- Profit (loss) carried forward +€5,875
up €5,875 (+34.9%), from -€16,844 to -€10,969
- Trade debts +€1,355
up €1,355 (+56.1%), from €2,416 to €3,771
- Tax, wage and social debts +€1,105
up €1,105 (+35.9%), from €3,081 to €4,187
- Depreciation -€2,085
down €2,085 (-56.5%), from €3,687 to €1,602
- Financial income +€1,910
up €1,910 (+10,717%), from €18 to €1,928
- Gross operating margin -€1,605
down €1,605 (-15.9%), from €10,106 to €8,502
- Financial charges +€326
up €326 (+104%), from €315 to €641
- Other operating charges -€291
down €291 (-11.2%), from €2,602 to €2,311
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,697 | €22,027 | -€2,670 | -10.8% |
| Fixed assets | 21/28 | €4,917 | €3,315 | -€1,602 | -32.6% |
| Tangible fixed assets | 22/27 | €4,767 | €3,165 | -€1,602 | -33.6% |
| Land and buildings | 22 | €18 | - | -€18 | |
| Plant, machinery and equipment | 23 | €4,022 | €3,165 | -€858 | -21.3% |
| Furniture and vehicles | 24 | €727 | - | -€727 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €19,780 | €18,713 | -€1,068 | -5.4% |
| Stocks and contracts in progress | 3 | €9,249 | €10,278 | +€1,029 | +11.1% |
| Stocks | 30/36 | €9,249 | €10,278 | +€1,029 | +11.1% |
| Amounts receivable within one year | 40/41 | €148 | €362 | +€214 | +144% |
| Other amounts receivable | 41 | €148 | €362 | +€214 | +144% |
| Current investments | 50/53 | €69 | - | -€69 | |
| Cash at bank and in hand | 54/58 | €10,314 | €8,038 | -€2,277 | -22.1% |
| Deferred charges and accrued income | 490/1 | - | €35 | +€35 | |
| Total equity and liabilities | 10/49 | €24,697 | €22,027 | -€2,670 | -10.8% |
| Equity | 10/15 | €3,834 | €9,709 | +€5,875 | +153% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,086 | €2,086 | = | 0.0% |
| Tax-exempt reserves | 132 | €227 | €227 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,844 | -€10,969 | +€5,875 | +34.9% |
| Amounts payable | 17/49 | €20,864 | €12,318 | -€8,545 | -41.0% |
| Amounts payable within one year | 42/48 | €20,864 | €12,318 | -€8,545 | -41.0% |
| Trade debts | 44 | €2,416 | €3,771 | +€1,355 | +56.1% |
| Suppliers | 440/4 | €2,416 | €3,771 | +€1,355 | +56.1% |
| Taxes, remuneration and social security | 45 | €3,081 | €4,187 | +€1,105 | +35.9% |
| Taxes | 450/3 | €3,081 | €4,187 | +€1,105 | +35.9% |
| Other amounts payable | 47/48 | €15,366 | €4,361 | -€11,005 | -71.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,687 | €1,602 | -€2,085 | -56.5% |
| Other operating charges | 640/8 | €2,602 | €2,311 | -€291 | -11.2% |
| Gross operating margin | 9900 | €10,106 | €8,502 | -€1,605 | -15.9% |
| Operating profit (loss) | 9901 | €3,817 | €4,588 | +€771 | +20.2% |
| Financial income | 75/76B | €18 | €1,928 | +€1,910 | +10,717% |
| Recurring financial income | 75 | €18 | €1,928 | +€1,910 | +10,717% |
| Financial charges | 65/66B | €315 | €641 | +€326 | +104% |
| Recurring financial charges | 65 | €315 | €641 | +€326 | +104% |
| Profit (loss) for the period before taxes | 9903 | €3,520 | €5,875 | +€2,355 | +66.9% |
| Profit (loss) for the period | 9904 | €3,520 | €5,875 | +€2,355 | +66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,520 | €5,875 | +€2,355 | +66.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.