CABINET E.MAILLEU: 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.
CABINET E.MAILLEU
Largest movements
- Tangible fixed assets -€35,729
down €35,729 (-10.7%), from €333,677 to €297,948
of which Land and buildings: -€29,010
- Receivables within one year +€11,105
up €11,105 (+194%), from €5,714 to €16,819
of which Trade receivables: +€10,521
- Debts after one year -€39,553
down €39,553 (-37.3%), from €106,136 to €66,583
- Reserves +€30,000
up €30,000 (+19.6%), from €153,000 to €183,000
of which Distributable reserves: +€30,000
- Other debts -€18,530
down €18,530 (-97.5%), from €19,000 to €470
- Gross operating margin +€13,791
up €13,791 (+15.0%), from €91,907 to €105,699
- Depreciation +€8,296
up €8,296 (+23.0%), from €36,098 to €44,394
- Financial income -€3,777
no longer reported in 2025 (was €3,777)
- Financial charges +€1,059
up €1,059 (+11.6%), from €9,146 to €10,205
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 | €389,327 | €361,346 | -€27,981 | -7.2% |
| Fixed assets | 21/28 | €333,677 | €297,948 | -€35,729 | -10.7% |
| Tangible fixed assets | 22/27 | €333,677 | €297,948 | -€35,729 | -10.7% |
| Land and buildings | 22 | €290,609 | €261,598 | -€29,010 | -10.0% |
| Plant, machinery and equipment | 23 | €6,792 | €14,017 | +€7,225 | +106% |
| Furniture and vehicles | 24 | €36,277 | €22,333 | -€13,944 | -38.4% |
| Current assets | 29/58 | €55,650 | €63,398 | +€7,748 | +13.9% |
| Amounts receivable within one year | 40/41 | €5,714 | €16,819 | +€11,105 | +194% |
| Trade receivables | 40 | - | €10,521 | +€10,521 | |
| Other amounts receivable | 41 | €5,714 | €6,298 | +€584 | +10.2% |
| Cash at bank and in hand | 54/58 | €46,030 | €43,488 | -€2,542 | -5.5% |
| Deferred charges and accrued income | 490/1 | €3,907 | €3,091 | -€816 | -20.9% |
| Total equity and liabilities | 10/49 | €389,327 | €361,346 | -€27,981 | -7.2% |
| Equity | 10/15 | €215,583 | €247,800 | +€32,216 | +14.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €153,000 | €183,000 | +€30,000 | +19.6% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €180,000 | +€30,000 | +20.0% |
| Profit (loss) carried forward | 14 | €32,583 | €34,800 | +€2,216 | +6.8% |
| Amounts payable | 17/49 | €173,744 | €113,546 | -€60,198 | -34.6% |
| Amounts payable after more than one year | 17 | €106,136 | €66,583 | -€39,553 | -37.3% |
| Financial debts | 170/4 | €106,136 | €66,583 | -€39,553 | -37.3% |
| Amounts payable within one year | 42/48 | €67,607 | €46,963 | -€20,645 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €38,425 | €39,553 | +€1,128 | +2.9% |
| Trade debts | 44 | €888 | €939 | +€52 | +5.8% |
| Suppliers | 440/4 | €888 | €939 | +€52 | +5.8% |
| Taxes, remuneration and social security | 45 | €9,294 | €6,000 | -€3,294 | -35.4% |
| Taxes | 450/3 | €9,294 | €6,000 | -€3,294 | -35.4% |
| Other amounts payable | 47/48 | €19,000 | €470 | -€18,530 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,098 | €44,394 | +€8,296 | +23.0% |
| Other operating charges | 640/8 | €4,761 | €5,196 | +€434 | +9.1% |
| Gross operating margin | 9900 | €91,907 | €105,699 | +€13,791 | +15.0% |
| Operating profit (loss) | 9901 | €51,048 | €56,109 | +€5,061 | +9.9% |
| Financial income | 75/76B | €3,777 | - | -€3,777 | |
| Recurring financial income | 75 | €3,777 | - | -€3,777 | |
| Financial charges | 65/66B | €9,146 | €10,205 | +€1,059 | +11.6% |
| Recurring financial charges | 65 | €9,146 | €10,205 | +€1,059 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €45,679 | €45,904 | +€225 | +0.5% |
| Income taxes | 67/77 | €12,786 | €13,688 | +€902 | +7.1% |
| Profit (loss) for the period | 9904 | €32,893 | €32,216 | -€676 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,893 | €32,216 | -€676 | -2.1% |
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 21 October 2026 via checked.be.