LOONBEDRIJF MAES: what changed
What changed
LOONBEDRIJF MAES
NACE 28.300, Manufacture of machinery and equipment not elsewhere classified
filed annual accounts (NBB)
Net result for the year
€19,721
2024 · €36,341-€16,620
Equity
€369,973
2024 · €350,252+€19,721
Cash
€4,974
2024 · €36,874-€31,900
Balance sheet total
€578,439
2024 · €565,564+€12,876
Largest movements
Assets
- Tangible fixed assets +€49,335
up €49,335 (+10.1%), from €489,827 to €539,161
of which Furniture and vehicles: +€174,200
- Cash -€31,900
down €31,900 (-86.5%), from €36,874 to €4,974
mainly Investment in fixed assets (net) (-€263,246) and Debts after one year (-€53,322)
- Stocks and contracts -€20,280
down €20,280 (-100%), from €20,280 to €0
- Receivables within one year +€15,721
up €15,721 (+85.8%), from €18,313 to €34,034
of which Trade receivables: +€16,377
Equity and liabilities
- Other debts +€64,601
up €64,601 (+155%), from €41,744 to €106,346
- Debts after one year -€53,322
down €53,322 (-68.6%), from €77,702 to €24,380
- Current portion of long-term debt -€34,041
down €34,041 (-39.0%), from €87,363 to €53,322
- Reserves +€19,721
up €19,721 (+7.5%), from €261,975 to €281,696
of which Distributable reserves: +€19,721
- Trade debts +€14,560
up €14,560 (+2,082%), from €699 to €15,259
Income statement
- Depreciation +€67,631
up €67,631 (+46.2%), from €146,281 to €213,912
- Gross operating margin +€54,201
up €54,201 (+27.5%), from €196,948 to €251,150
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€36,341
Gross operating margin
+€54,201
Staff costs
-€966
Depreciation
-€67,631
Other operating charges
-€1,343
Financial income
+€380
Financial charges
+€1,046
Taxes
-€2,307
Result 2025
€19,721
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€318,709
Investment
-€263,246
Financing
-€87,363
Cash 2024
€36,874
From operations (derived)
+€318,709
Net result for the year
+€19,721
Depreciation
+€213,912
Stocks and contracts
+€20,280
Receivables within one year
-€15,721
Trade debts
+€14,560
Tax, wage and social debts
+€1,357
Other debts
+€64,601
Investment (derived)
-€263,246
Investment in fixed assets (net)
-€263,246
Financing
-€87,363
Debts after one year
-€53,322
Current portion of long-term debt
-€34,041
Cash 2025
€4,974
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €565,564 | €578,439 | +€12,876 | +2.3% |
| Fixed assets | 21/28 | €490,097 | €539,431 | +€49,335 | +10.1% |
| Tangible fixed assets | 22/27 | €489,827 | €539,161 | +€49,335 | +10.1% |
| Land and buildings | 22 | €12,405 | €8,270 | -€4,135 | -33.3% |
| Plant, machinery and equipment | 23 | €84,327 | €110,005 | +€25,677 | +30.4% |
| Furniture and vehicles | 24 | €245,487 | €419,687 | +€174,200 | +71.0% |
| Leasing and similar rights | 25 | €145,807 | €0 | -€145,807 | -100% |
| Other tangible fixed assets | 26 | €1,800 | €1,200 | -€600 | -33.3% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €75,467 | €39,008 | -€36,459 | -48.3% |
| Stocks and contracts in progress | 3 | €20,280 | €0 | -€20,280 | -100% |
| Contracts in progress | 37 | €20,280 | €0 | -€20,280 | -100% |
| Amounts receivable within one year | 40/41 | €18,313 | €34,034 | +€15,721 | +85.8% |
| Trade receivables | 40 | €636 | €17,013 | +€16,377 | +2,575% |
| Other amounts receivable | 41 | €17,677 | €17,022 | -€655 | -3.7% |
| Cash at bank and in hand | 54/58 | €36,874 | €4,974 | -€31,900 | -86.5% |
| Total equity and liabilities | 10/49 | €565,564 | €578,439 | +€12,876 | +2.3% |
| Equity | 10/15 | €350,252 | €369,973 | +€19,721 | +5.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €261,975 | €281,696 | +€19,721 | +7.5% |
| Non-distributable reserves | 130/1 | €2,343 | €2,343 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,343 | €2,343 | = | 0.0% |
| Distributable reserves | 133 | €259,633 | €279,354 | +€19,721 | +7.6% |
| Profit (loss) carried forward | 14 | €69,276 | €69,276 | = | 0.0% |
| Amounts payable | 17/49 | €215,312 | €208,467 | -€6,845 | -3.2% |
| Amounts payable after more than one year | 17 | €77,702 | €24,380 | -€53,322 | -68.6% |
| Financial debts | 170/4 | €77,702 | €24,380 | -€53,322 | -68.6% |
| Amounts payable within one year | 42/48 | €137,610 | €184,087 | +€46,477 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €87,363 | €53,322 | -€34,041 | -39.0% |
| Trade debts | 44 | €699 | €15,259 | +€14,560 | +2,082% |
| Suppliers | 440/4 | €699 | €15,259 | +€14,560 | +2,082% |
| Advances received on contracts in progress | 46 | €2,420 | €2,420 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,383 | €6,740 | +€1,357 | +25.2% |
| Taxes | 450/3 | €4,937 | €5,556 | +€620 | +12.6% |
| Remuneration and social security | 454/9 | €447 | €1,184 | +€737 | +165% |
| Other amounts payable | 47/48 | €41,744 | €106,346 | +€64,601 | +155% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €1,500 | €16,000 | +€14,500 | +967% |
| Remuneration, social security and pensions | 62 | €7,843 | €8,809 | +€966 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,281 | €213,912 | +€67,631 | +46.2% |
| Other operating charges | 640/8 | €563 | €1,906 | +€1,343 | +239% |
| Gross operating margin | 9900 | €196,948 | €251,150 | +€54,201 | +27.5% |
| Operating profit (loss) | 9901 | €42,262 | €26,523 | -€15,739 | -37.2% |
| Financial income | 75/76B | €535 | €915 | +€380 | +71.0% |
| Recurring financial income | 75 | €535 | €915 | +€380 | +71.0% |
| Financial charges | 65/66B | €2,644 | €1,598 | -€1,046 | -39.6% |
| Recurring financial charges | 65 | €2,644 | €1,598 | -€1,046 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €40,152 | €25,840 | -€14,312 | -35.6% |
| Income taxes | 67/77 | €3,812 | €6,119 | +€2,307 | +60.5% |
| Profit (loss) for the period | 9904 | €36,341 | €19,721 | -€16,620 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,341 | €19,721 | -€16,620 | -45.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.