B-MAINT: 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.
B-MAINT
Largest movements
- Cash +€95,322
up €95,322 (+202.3%), from €47,121 to €142,443
mainly Net result for the year (+€145,473) and Tax, wage and social debts (+€9,163)
- Deferred charges and accrued income +€39,082
up €39,082 (+1218.3%), from €3,208 to €42,290
- Current investments +€20,000
new in 2025: €20,000
- Receivables within one year -€2,681
down €2,681 (-11.1%), from €24,204 to €21,523
of which Trade receivables: -€2,677
- Profit (loss) carried forward +€145,473
up €145,473 (+187.2%), from €77,708 to €223,180
- Tax, wage and social debts +€9,163
up €9,163 (+71.8%), from €12,758 to €21,921
of which Taxes: +€9,163
- Other debts -€2,858
down €2,858 (-21.8%), from €13,098 to €10,240
- Gross operating margin +€101,529
up €101,529 (+106.8%), from €95,104 to €196,634
- Taxes +€20,869
up €20,869 (+92.7%), from €22,500 to €43,369
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 | €108,451 | €258,031 | +€149,581 | +137.9% |
| Fixed assets | 21/28 | €33,918 | €31,775 | -€2,143 | -6.3% |
| Tangible fixed assets | 22/27 | €33,856 | €31,714 | -€2,143 | -6.3% |
| Plant, machinery and equipment | 23 | €16,091 | €14,198 | -€1,892 | -11.8% |
| Furniture and vehicles | 24 | €895 | €76 | -€819 | -91.6% |
| Other tangible fixed assets | 26 | €16,871 | €17,440 | +€569 | +3.4% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €74,533 | €226,256 | +€151,723 | +203.6% |
| Amounts receivable within one year | 40/41 | €24,204 | €21,523 | -€2,681 | -11.1% |
| Trade receivables | 40 | €24,200 | €21,523 | -€2,677 | -11.1% |
| Other amounts receivable | 41 | €4 | €0 | -€4 | -100.0% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €47,121 | €142,443 | +€95,322 | +202.3% |
| Deferred charges and accrued income | 490/1 | €3,208 | €42,290 | +€39,082 | +1218.3% |
| Total equity and liabilities | 10/49 | €108,451 | €258,031 | +€149,581 | +137.9% |
| Equity | 10/15 | €80,208 | €225,680 | +€145,473 | +181.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,708 | €223,180 | +€145,473 | +187.2% |
| Amounts payable | 17/49 | €28,243 | €32,351 | +€4,108 | +14.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €27,909 | €32,162 | +€4,253 | +15.2% |
| Trade debts | 44 | €2,052 | €0 | -€2,052 | -100.0% |
| Suppliers | 440/4 | €2,052 | €0 | -€2,052 | -100.0% |
| Taxes, remuneration and social security | 45 | €12,758 | €21,921 | +€9,163 | +71.8% |
| Taxes | 450/3 | €12,758 | €21,921 | +€9,163 | +71.8% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €13,098 | €10,240 | -€2,858 | -21.8% |
| Accrued charges and deferred income | 492/3 | €334 | €190 | -€145 | -43.3% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,268 | €4,538 | +€270 | +6.3% |
| Other operating charges | 640/8 | €64 | €195 | +€132 | +206.1% |
| Gross operating margin | 9900 | €95,104 | €196,634 | +€101,529 | +106.8% |
| Operating profit (loss) | 9901 | €90,773 | €191,901 | +€101,128 | +111.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,898 | €3,060 | +€161 | +5.6% |
| Recurring financial charges | 65 | €2,898 | €3,060 | +€161 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €87,874 | €188,841 | +€100,967 | +114.9% |
| Income taxes | 67/77 | €22,500 | €43,369 | +€20,869 | +92.7% |
| Profit (loss) for the period | 9904 | €65,374 | €145,473 | +€80,098 | +122.5% |
| Profit (loss) for the period to be appropriated | 9905 | €65,374 | €145,473 | +€80,098 | +122.5% |
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 5 October 2026 via checked.be.