LRM MAASEIK: 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.
LRM MAASEIK
Largest movements
- Tangible fixed assets +€57,161
up €57,161 (+162%), from €35,322 to €92,483
of which Furniture and vehicles: +€60,828
- Cash -€18,244
down €18,244 (-35.2%), from €51,874 to €33,629
mainly Investment in fixed assets (net) (-€83,781) and Net result for the year (-€18,628)
- Receivables within one year +€5,505
up €5,505 (+14.1%), from €38,940 to €44,446
of which Trade receivables: +€6,290
- Trade debts +€78,501
up €78,501 (+1,084%), from €7,240 to €85,741
- Profit (loss) carried forward -€18,628
new in 2025: -€18,628
- Debts after one year -€14,687
down €14,687 (-45.3%), from €32,428 to €17,742
- Current portion of long-term debt -€2,687
down €2,687 (-15.5%), from €17,373 to €14,687
- Tax, wage and social debts +€1,922
up €1,922 (+21.8%), from €8,808 to €10,730
of which Taxes: +€1,415
- Gross operating margin -€37,449
down €37,449 (-38.3%), from €97,774 to €60,325
- Depreciation +€15,892
up €15,892 (+144%), from €11,062 to €26,955
- Taxes -€11,753
down €11,753 (-98.7%), from €11,907 to €154
- Financial charges -€4,819
down €4,819 (-64.3%), from €7,490 to €2,672
of which Non-recurring financial charges: -€4,500
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 | €128,048 | €171,753 | +€43,705 | +34.1% |
| Fixed assets | 21/28 | €35,657 | €92,483 | +€56,826 | +159% |
| Intangible fixed assets | 21 | €335 | - | -€335 | |
| Tangible fixed assets | 22/27 | €35,322 | €92,483 | +€57,161 | +162% |
| Land and buildings | 22 | €17,411 | €16,116 | -€1,295 | -7.4% |
| Plant, machinery and equipment | 23 | €15,254 | €12,882 | -€2,372 | -15.6% |
| Furniture and vehicles | 24 | €2,657 | €63,485 | +€60,828 | +2,289% |
| Current assets | 29/58 | €92,391 | €79,270 | -€13,120 | -14.2% |
| Amounts receivable within one year | 40/41 | €38,940 | €44,446 | +€5,505 | +14.1% |
| Trade receivables | 40 | €38,156 | €44,446 | +€6,290 | +16.5% |
| Other amounts receivable | 41 | €785 | - | -€785 | |
| Cash at bank and in hand | 54/58 | €51,874 | €33,629 | -€18,244 | -35.2% |
| Deferred charges and accrued income | 490/1 | €1,577 | €1,195 | -€381 | -24.2% |
| Total equity and liabilities | 10/49 | €128,048 | €171,753 | +€43,705 | +34.1% |
| Equity | 10/15 | €54,063 | €35,435 | -€18,628 | -34.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €47,863 | €47,863 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €46,003 | €46,003 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€18,628 | -€18,628 | |
| Amounts payable | 17/49 | €73,985 | €136,318 | +€62,333 | +84.3% |
| Amounts payable after more than one year | 17 | €32,428 | €17,742 | -€14,687 | -45.3% |
| Financial debts | 170/4 | €32,428 | €17,742 | -€14,687 | -45.3% |
| Amounts payable within one year | 42/48 | €41,557 | €118,576 | +€77,020 | +185% |
| Current portion of amounts payable after more than one year | 42 | €17,373 | €14,687 | -€2,687 | -15.5% |
| Trade debts | 44 | €7,240 | €85,741 | +€78,501 | +1,084% |
| Suppliers | 440/4 | €7,240 | €85,741 | +€78,501 | +1,084% |
| Taxes, remuneration and social security | 45 | €8,808 | €10,730 | +€1,922 | +21.8% |
| Taxes | 450/3 | €4,431 | €5,846 | +€1,415 | +31.9% |
| Remuneration and social security | 454/9 | €4,377 | €4,884 | +€507 | +11.6% |
| Other amounts payable | 47/48 | €8,135 | €7,419 | -€716 | -8.8% |
| Remuneration, social security and pensions | 62 | €47,952 | €47,650 | -€301 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,062 | €26,955 | +€15,892 | +144% |
| Other operating charges | 640/8 | €1,413 | €1,537 | +€124 | +8.8% |
| Gross operating margin | 9900 | €97,774 | €60,325 | -€37,449 | -38.3% |
| Operating profit (loss) | 9901 | €37,347 | -€15,817 | -€53,164 | |
| Financial income | 75/76B | €398 | €15 | -€383 | -96.3% |
| Recurring financial income | 75 | €398 | €15 | -€383 | -96.3% |
| Financial charges | 65/66B | €7,490 | €2,672 | -€4,819 | -64.3% |
| Recurring financial charges | 65 | €2,990 | €2,672 | -€319 | -10.7% |
| Non-recurring financial charges | 66B | €4,500 | - | -€4,500 | |
| Profit (loss) for the period before taxes | 9903 | €30,255 | -€18,474 | -€48,728 | |
| Income taxes | 67/77 | €11,907 | €154 | -€11,753 | -98.7% |
| Profit (loss) for the period | 9904 | €18,348 | -€18,628 | -€36,975 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,348 | -€18,628 | -€36,975 |
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 25 October 2026 via checked.be.