ALGEMENE BOUWONDERNEMING GEBR. MAES: 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.
ALGEMENE BOUWONDERNEMING GEBR. MAES
Largest movements
- Cash +€11,275
up €11,275 (+11.4%), from €99,210 to €110,484
mainly Receivables within one year (+€5,617) and Trade debts (+€4,880)
- Receivables within one year -€5,617
down €5,617 (-42.2%), from €13,316 to €7,699
of which Other amounts receivable: -€6,448
- Deferred charges and accrued income -€2,791
down €2,791 (-19.9%), from €14,037 to €11,245
- Tangible fixed assets +€2,449
up €2,449 (+247%), from €993 to €3,442
of which Furniture and vehicles: +€3,293
- Financial fixed assets +€1,500
new in 2025: €1,500
- Trade debts +€4,880
up €4,880 (+411%), from €1,187 to €6,066
- Reserves +€4,603
up €4,603 (+4.0%), from €114,001 to €118,605
- Tax, wage and social debts -€2,181
down €2,181 (-60.5%), from €3,608 to €1,426
- Gross operating margin +€13,637
up €13,637 (+426%), from €3,198 to €16,834
- Other operating charges +€2,434
up €2,434 (+262%), from €930 to €3,364
- Taxes +€1,947
up €1,947 (+943%), from €206 to €2,154
- Depreciation +€493
up €493 (+55.3%), from €891 to €1,384
- Financial charges -€215
down €215 (-10.5%), from €2,051 to €1,836
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 | €127,555 | €134,370 | +€6,815 | +5.3% |
| Fixed assets | 21/28 | €993 | €4,942 | +€3,949 | +398% |
| Tangible fixed assets | 22/27 | €993 | €3,442 | +€2,449 | +247% |
| Plant, machinery and equipment | 23 | €993 | €148 | -€844 | -85.1% |
| Furniture and vehicles | 24 | - | €3,293 | +€3,293 | |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €126,562 | €129,428 | +€2,866 | +2.3% |
| Amounts receivable within one year | 40/41 | €13,316 | €7,699 | -€5,617 | -42.2% |
| Trade receivables | 40 | €3,949 | €4,779 | +€831 | +21.0% |
| Other amounts receivable | 41 | €9,367 | €2,920 | -€6,448 | -68.8% |
| Cash at bank and in hand | 54/58 | €99,210 | €110,484 | +€11,275 | +11.4% |
| Deferred charges and accrued income | 490/1 | €14,037 | €11,245 | -€2,791 | -19.9% |
| Total equity and liabilities | 10/49 | €127,555 | €134,370 | +€6,815 | +5.3% |
| Equity | 10/15 | €120,201 | €124,805 | +€4,603 | +3.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €114,001 | €118,605 | +€4,603 | +4.0% |
| Distributable reserves | 133 | €114,001 | €118,605 | +€4,603 | +4.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,353 | €9,565 | +€2,211 | +30.1% |
| Amounts payable within one year | 42/48 | €6,353 | €8,565 | +€2,211 | +34.8% |
| Trade debts | 44 | €1,187 | €6,066 | +€4,880 | +411% |
| Suppliers | 440/4 | €1,187 | €6,066 | +€4,880 | +411% |
| Taxes, remuneration and social security | 45 | €3,608 | €1,426 | -€2,181 | -60.5% |
| Taxes | 450/3 | €3,608 | €1,426 | -€2,181 | -60.5% |
| Other amounts payable | 47/48 | €1,559 | €1,072 | -€487 | -31.2% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €891 | €1,384 | +€493 | +55.3% |
| Other operating charges | 640/8 | €930 | €3,364 | +€2,434 | +262% |
| Non-recurring operating charges | 66A | €0 | €3,493 | +€3,493 | |
| Gross operating margin | 9900 | €3,198 | €16,834 | +€13,637 | +426% |
| Operating profit (loss) | 9901 | €1,376 | €8,593 | +€7,217 | +524% |
| Financial income | 75/76B | €143 | €0 | -€143 | -100% |
| Recurring financial income | 75 | €143 | €0 | -€143 | -100% |
| Financial charges | 65/66B | €2,051 | €1,836 | -€215 | -10.5% |
| Recurring financial charges | 65 | €2,051 | €1,836 | -€215 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | -€531 | €6,757 | +€7,288 | |
| Income taxes | 67/77 | €206 | €2,154 | +€1,947 | +943% |
| Profit (loss) for the period | 9904 | -€738 | €4,603 | +€5,341 | |
| Profit (loss) for the period to be appropriated | 9905 | -€738 | €4,603 | +€5,341 |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.