DE MAESSCHALCK P: 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.
DE MAESSCHALCK P
Largest movements
- Cash +€58,859
up €58,859 (+53.6%), from €109,750 to €168,609
mainly Net result for the year (+€61,715) and Tax, wage and social debts (+€11,634)
- Stocks and contracts +€12,998
new in 2025: €12,998
- Receivables within one year +€4,048
up €4,048 (+13.4%), from €30,240 to €34,289
- Deferred charges and accrued income -€3,000
down €3,000 (-100%), from €3,000 to €0
- Reserves +€60,882
up €60,882 (+53.8%), from €113,084 to €173,966
- Tax, wage and social debts +€11,634
up €11,634 (+99.9%), from €11,645 to €23,280
of which Taxes: +€8,934
- Financial charges -€1,429
down €1,429 (-74.5%), from €1,916 to €488
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 | €205,035 | €279,966 | +€74,932 | +36.5% |
| Fixed assets | 21/28 | €1,069 | €3,096 | +€2,027 | +190% |
| Tangible fixed assets | 22/27 | €1,069 | €3,096 | +€2,027 | +190% |
| Plant, machinery and equipment | 23 | - | €2,918 | +€2,918 | |
| Furniture and vehicles | 24 | €1,069 | €178 | -€891 | -83.3% |
| Current assets | 29/58 | €203,966 | €276,871 | +€72,905 | +35.7% |
| Stocks and contracts in progress | 3 | - | €12,998 | +€12,998 | |
| Stocks | 30/36 | - | €12,998 | +€12,998 | |
| Amounts receivable within one year | 40/41 | €30,240 | €34,289 | +€4,048 | +13.4% |
| Trade receivables | 40 | €30,240 | €34,289 | +€4,048 | +13.4% |
| Current investments | 50/53 | €60,975 | €60,975 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €109,750 | €168,609 | +€58,859 | +53.6% |
| Deferred charges and accrued income | 490/1 | €3,000 | €0 | -€3,000 | -100% |
| Total equity and liabilities | 10/49 | €205,035 | €279,966 | +€74,932 | +36.5% |
| Equity | 10/15 | €186,136 | €247,019 | +€60,882 | +32.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €113,084 | €173,966 | +€60,882 | +53.8% |
| Distributable reserves | 133 | €113,084 | €173,966 | +€60,882 | +53.8% |
| Profit (loss) carried forward | 14 | €70,552 | €70,552 | = | 0.0% |
| Amounts payable | 17/49 | €18,899 | €32,948 | +€14,049 | +74.3% |
| Amounts payable within one year | 42/48 | €18,899 | €32,948 | +€14,049 | +74.3% |
| Trade debts | 44 | €1,714 | €1,441 | -€273 | -15.9% |
| Suppliers | 440/4 | €1,714 | €1,441 | -€273 | -15.9% |
| Taxes, remuneration and social security | 45 | €11,645 | €23,280 | +€11,634 | +99.9% |
| Taxes | 450/3 | €8,945 | €17,880 | +€8,934 | +99.9% |
| Remuneration and social security | 454/9 | €2,700 | €5,400 | +€2,700 | +100% |
| Other amounts payable | 47/48 | €5,539 | €8,227 | +€2,688 | +48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €891 | €1,473 | +€582 | +65.3% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €86,693 | €85,857 | -€836 | -1.0% |
| Operating profit (loss) | 9901 | €85,274 | €83,840 | -€1,434 | -1.7% |
| Financial income | 75/76B | €610 | €1,402 | +€792 | +130% |
| Recurring financial income | 75 | €610 | €1,402 | +€792 | +130% |
| Financial charges | 65/66B | €1,916 | €488 | -€1,429 | -74.5% |
| Recurring financial charges | 65 | €1,916 | €488 | -€1,429 | -74.5% |
| Profit (loss) for the period before taxes | 9903 | €83,967 | €84,754 | +€787 | +0.9% |
| Income taxes | 67/77 | €22,840 | €23,039 | +€199 | +0.9% |
| Profit (loss) for the period | 9904 | €61,127 | €61,715 | +€588 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,127 | €61,715 | +€588 | +1.0% |
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 29 October 2026 via checked.be.