JUST MAINTENANCE ENGINEERING: 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.
JUST MAINTENANCE ENGINEERING
Largest movements
- Tangible fixed assets -€55,116
down €55,116 (-9.5%), from €580,277 to €525,160
of which Land and buildings: -€37,250
- Cash +€26,266
up €26,266 (+368%), from €7,142 to €33,408
mainly Depreciation (+€55,116) and Other debts (+€21,535)
- Receivables within one year -€16,639
down €16,639 (-91.4%), from €18,200 to €1,561
of which Trade receivables: -€18,200
- Debts after one year -€62,717
down €62,717 (-21.1%), from €297,684 to €234,966
- Other debts +€21,535
up €21,535 (+181%), from €11,900 to €33,435
- Profit (loss) carried forward +€10,187
up €10,187 (+6.3%), from €161,125 to €171,312
- Trade debts -€9,525
down €9,525 (-20.4%), from €46,682 to €37,157
- Tax, wage and social debts -€7,233
down €7,233 (-43.6%), from €16,592 to €9,359
- Gross operating margin -€19,674
down €19,674 (-17.6%), from €111,555 to €91,881
- Other operating charges +€2,231
up €2,231 (+67.6%), from €3,302 to €5,534
- Financial charges -€1,867
down €1,867 (-16.5%), from €11,287 to €9,420
- Taxes -€1,545
down €1,545 (-11.7%), from €13,174 to €11,629
- Depreciation +€1,365
up €1,365 (+2.5%), from €53,751 to €55,116
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 | €607,044 | €561,137 | -€45,906 | -7.6% |
| Fixed assets | 21/28 | €580,277 | €525,160 | -€55,116 | -9.5% |
| Tangible fixed assets | 22/27 | €580,277 | €525,160 | -€55,116 | -9.5% |
| Land and buildings | 22 | €541,587 | €504,337 | -€37,250 | -6.9% |
| Furniture and vehicles | 24 | €27,609 | €11,289 | -€16,320 | -59.1% |
| Other tangible fixed assets | 26 | €11,081 | €9,534 | -€1,546 | -14.0% |
| Current assets | 29/58 | €26,767 | €35,977 | +€9,210 | +34.4% |
| Amounts receivable within one year | 40/41 | €18,200 | €1,561 | -€16,639 | -91.4% |
| Trade receivables | 40 | €18,200 | - | -€18,200 | |
| Other amounts receivable | 41 | - | €1,561 | +€1,561 | |
| Cash at bank and in hand | 54/58 | €7,142 | €33,408 | +€26,266 | +368% |
| Deferred charges and accrued income | 490/1 | €1,425 | €1,007 | -€417 | -29.3% |
| Total equity and liabilities | 10/49 | €607,044 | €561,137 | -€45,906 | -7.6% |
| Equity | 10/15 | €181,585 | €191,772 | +€10,187 | +5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,125 | €171,312 | +€10,187 | +6.3% |
| Amounts payable | 17/49 | €425,459 | €369,365 | -€56,094 | -13.2% |
| Amounts payable after more than one year | 17 | €297,684 | €234,966 | -€62,717 | -21.1% |
| Financial debts | 170/4 | €297,684 | €234,966 | -€62,717 | -21.1% |
| Amounts payable within one year | 42/48 | €127,775 | €134,399 | +€6,624 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €52,601 | €54,448 | +€1,847 | +3.5% |
| Trade debts | 44 | €46,682 | €37,157 | -€9,525 | -20.4% |
| Suppliers | 440/4 | €46,682 | €37,157 | -€9,525 | -20.4% |
| Taxes, remuneration and social security | 45 | €16,592 | €9,359 | -€7,233 | -43.6% |
| Taxes | 450/3 | €16,592 | €9,359 | -€7,233 | -43.6% |
| Other amounts payable | 47/48 | €11,900 | €33,435 | +€21,535 | +181% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,751 | €55,116 | +€1,365 | +2.5% |
| Other operating charges | 640/8 | €3,302 | €5,534 | +€2,231 | +67.6% |
| Non-recurring operating charges | 66A | €12,047 | - | -€12,047 | |
| Gross operating margin | 9900 | €111,555 | €91,881 | -€19,674 | -17.6% |
| Operating profit (loss) | 9901 | €42,456 | €31,231 | -€11,224 | -26.4% |
| Financial income | 75/76B | €9 | €5 | -€5 | -50.3% |
| Recurring financial income | 75 | €9 | €5 | -€5 | -50.3% |
| Financial charges | 65/66B | €11,287 | €9,420 | -€1,867 | -16.5% |
| Recurring financial charges | 65 | €11,287 | €9,420 | -€1,867 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €31,178 | €21,816 | -€9,362 | -30.0% |
| Income taxes | 67/77 | €13,174 | €11,629 | -€1,545 | -11.7% |
| Profit (loss) for the period | 9904 | €18,004 | €10,187 | -€7,817 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,004 | €10,187 | -€7,817 | -43.4% |
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 14 October 2026 via checked.be.