Mapinc: what changed
Two financial 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.
Mapinc
Largest movements
- Receivables within one year -€38,141
down €38,141 (-41.0%), from €92,967 to €54,826
of which Trade receivables: -€50,525
- Cash -€27,297
down €27,297 (-10.1%), from €270,344 to €243,048
mainly Other debts (-€51,326) and Tax, wage and social debts (-€27,421)
- Other debts -€51,326
down €51,326 (-59.7%), from €85,987 to €34,661
- Tax, wage and social debts -€27,421
down €27,421 (-99.9%), from €27,446 to €25
- Profit (loss) carried forward +€12,950
up €12,950 (+8.3%), from €155,238 to €168,188
- Accrued charges and deferred income -€6,664
down €6,664 (-59.3%), from €11,237 to €4,574
- Trade debts +€3,883
up €3,883, from €0 to €3,883
- Gross operating margin -€57,189
down €57,189 (-61.3%), from €93,225 to €36,036
- Taxes -€11,441
down €11,441 (-73.9%), from €15,480 to €4,039
- Financial charges -€3,017
down €3,017 (-38.5%), from €7,829 to €4,813
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.
Derived cash bridge
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 | €387,196 | €318,618 | -€68,578 | -17.7% |
| Fixed assets | 21/28 | €23,885 | €20,745 | -€3,140 | -13.1% |
| Tangible fixed assets | 22/27 | €23,635 | €20,495 | -€3,140 | -13.3% |
| Furniture and vehicles | 24 | €23,635 | €20,495 | -€3,140 | -13.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €363,311 | €297,873 | -€65,438 | -18.0% |
| Amounts receivable within one year | 40/41 | €92,967 | €54,826 | -€38,141 | -41.0% |
| Trade receivables | 40 | €92,967 | €42,442 | -€50,525 | -54.3% |
| Other amounts receivable | 41 | €0 | €12,384 | +€12,384 | |
| Cash at bank and in hand | 54/58 | €270,344 | €243,048 | -€27,297 | -10.1% |
| Total equity and liabilities | 10/49 | €387,196 | €318,618 | -€68,578 | -17.7% |
| Equity | 10/15 | €262,526 | €275,476 | +€12,950 | +4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,688 | €88,688 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €86,828 | €86,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,238 | €168,188 | +€12,950 | +8.3% |
| Amounts payable | 17/49 | €124,670 | €43,143 | -€81,528 | -65.4% |
| Amounts payable within one year | 42/48 | €113,433 | €38,569 | -€74,864 | -66.0% |
| Trade debts | 44 | €0 | €3,883 | +€3,883 | |
| Suppliers | 440/4 | €0 | €3,883 | +€3,883 | |
| Taxes, remuneration and social security | 45 | €27,446 | €25 | -€27,421 | -99.9% |
| Taxes | 450/3 | €27,446 | €25 | -€27,421 | -99.9% |
| Other amounts payable | 47/48 | €85,987 | €34,661 | -€51,326 | -59.7% |
| Accrued charges and deferred income | 492/3 | €11,237 | €4,574 | -€6,664 | -59.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,720 | €13,584 | +€865 | +6.8% |
| Other operating charges | 640/8 | €1,413 | €650 | -€763 | -54.0% |
| Gross operating margin | 9900 | €93,225 | €36,036 | -€57,189 | -61.3% |
| Operating profit (loss) | 9901 | €79,093 | €21,802 | -€57,291 | -72.4% |
| Financial charges | 65/66B | €7,829 | €4,813 | -€3,017 | -38.5% |
| Recurring financial charges | 65 | €7,829 | €4,813 | -€3,017 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €71,263 | €16,989 | -€54,274 | -76.2% |
| Income taxes | 67/77 | €15,480 | €4,039 | -€11,441 | -73.9% |
| Profit (loss) for the period | 9904 | €55,783 | €12,950 | -€42,833 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,783 | €12,950 | -€42,833 | -76.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.