Maasland Eieren: 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.
What changed
Maasland Eieren
NACE 46.331, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€842,062
2024 · €483,839+€358,223
Equity
€3.1m
2024 · €2.4m+€685,624
Cash
€1.5m
2024 · €1.0m+€474,372
Balance sheet total
€5.0m
2024 · €4.2m+€875,771
Largest movements
Assets
- Cash +€474,372
up €474,372 (+45.4%), from €1.0m to €1.5m
mainly Net result for the year (+€842,062) and Trade debts (+€483,290)
- Receivables within one year +€243,855
up €243,855 (+14.6%), from €1.7m to €1.9m
of which Trade receivables: +€334,656
- Stocks and contracts +€113,929
up €113,929 (+47.9%), from €237,869 to €351,798
- Tangible fixed assets +€54,994
up €54,994 (+5.2%), from €1.1m to €1.1m
of which Furniture and vehicles: +€94,512
Equity and liabilities
- Reserves +€685,624
up €685,624 (+29.0%), from €2.4m to €3.0m
of which Tax-exempt reserves: +€421,000
- Trade debts +€483,290
up €483,290 (+53.6%), from €901,895 to €1.4m
- Accrued charges and deferred income -€178,613
down €178,613 (-98.2%), from €181,865 to €3,252
- Debts after one year -€103,492
down €103,492 (-19.4%), from €534,008 to €430,517
Income statement
- Gross operating margin +€503,908
up €503,908 (+34.9%), from €1.4m to €1.9m
- Taxes +€141,604
up €141,604 (+79.2%), from €178,864 to €320,468
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.
Result 2024
€483,839
Gross operating margin
+€503,908
Staff costs
-€4,307
Depreciation
-€5,950
Write-downs
+€13,301
Other operating charges
-€1,048
Other operating items
+€8
Financial income
+€536
Financial charges
-€6,621
Taxes
-€141,604
Result 2025
€842,062
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.1m
Investment
-€314,340
Financing
-€291,471
Cash 2024
€1.0m
From operations (derived)
+€1.1m
Net result for the year
+€842,062
Depreciation
+€259,346
Stocks and contracts
-€113,929
Receivables within one year
-€243,855
Deferred charges and accrued income
+€11,379
Trade debts
+€483,290
Tax, wage and social debts
+€18,495
Other debts
+€2,008
Accrued charges and deferred income
-€178,613
Investment (derived)
-€314,340
Investment in fixed assets (net)
-€314,340
Financing
-€291,471
Debts after one year
-€103,492
Current portion of long-term debt
-€31,541
Contributions, distributions and other
-€156,439
Cash 2025
€1.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,167,933 | €5,043,704 | +€875,771 | +21.0% |
| Fixed assets | 21/28 | €1,056,974 | €1,111,968 | +€54,994 | +5.2% |
| Tangible fixed assets | 22/27 | €1,056,029 | €1,111,023 | +€54,994 | +5.2% |
| Land and buildings | 22 | €585,698 | €552,828 | -€32,870 | -5.6% |
| Plant, machinery and equipment | 23 | €178,187 | €171,540 | -€6,647 | -3.7% |
| Furniture and vehicles | 24 | €292,144 | €386,655 | +€94,512 | +32.4% |
| Financial fixed assets | 28 | €945 | €945 | = | 0.0% |
| Current assets | 29/58 | €3,110,959 | €3,931,736 | +€820,777 | +26.4% |
| Amounts receivable after more than one year | 29 | €152,128 | €152,128 | = | 0.0% |
| Other amounts receivable | 291 | €152,128 | €152,128 | = | 0.0% |
| Stocks and contracts in progress | 3 | €237,869 | €351,798 | +€113,929 | +47.9% |
| Stocks | 30/36 | €237,869 | €351,798 | +€113,929 | +47.9% |
| Amounts receivable within one year | 40/41 | €1,664,751 | €1,908,605 | +€243,855 | +14.6% |
| Trade receivables | 40 | €1,511,041 | €1,845,696 | +€334,656 | +22.1% |
| Other amounts receivable | 41 | €153,710 | €62,909 | -€90,801 | -59.1% |
| Cash at bank and in hand | 54/58 | €1,044,322 | €1,518,694 | +€474,372 | +45.4% |
| Deferred charges and accrued income | 490/1 | €11,890 | €511 | -€11,379 | -95.7% |
| Total equity and liabilities | 10/49 | €4,167,933 | €5,043,704 | +€875,771 | +21.0% |
| Equity | 10/15 | €2,379,134 | €3,064,758 | +€685,624 | +28.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,360,534 | €3,046,158 | +€685,624 | +29.0% |
| Tax-exempt reserves | 132 | €315,750 | €736,750 | +€421,000 | +133% |
| Distributable reserves | 133 | €2,044,784 | €2,309,408 | +€264,624 | +12.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,788,800 | €1,978,947 | +€190,147 | +10.6% |
| Amounts payable after more than one year | 17 | €534,008 | €430,517 | -€103,492 | -19.4% |
| Financial debts | 170/4 | €534,008 | €430,517 | -€103,492 | -19.4% |
| Amounts payable within one year | 42/48 | €1,072,926 | €1,545,178 | +€472,252 | +44.0% |
| Current portion of amounts payable after more than one year | 42 | €135,033 | €103,492 | -€31,541 | -23.4% |
| Trade debts | 44 | €901,895 | €1,385,185 | +€483,290 | +53.6% |
| Suppliers | 440/4 | €901,895 | €1,385,185 | +€483,290 | +53.6% |
| Taxes, remuneration and social security | 45 | €34,670 | €53,165 | +€18,495 | +53.3% |
| Taxes | 450/3 | €34 | €18,006 | +€17,972 | +52,628% |
| Remuneration and social security | 454/9 | €34,636 | €35,159 | +€523 | +1.5% |
| Other amounts payable | 47/48 | €1,328 | €3,336 | +€2,008 | +151% |
| Accrued charges and deferred income | 492/3 | €181,865 | €3,252 | -€178,613 | -98.2% |
| Non-recurring operating income | 76A | €0 | €13,836 | +€13,836 | |
| Remuneration, social security and pensions | 62 | €452,734 | €457,040 | +€4,307 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €253,395 | €259,346 | +€5,950 | +2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,650 | -€6,650 | -€13,301 | |
| Other operating charges | 640/8 | €65,288 | €66,336 | +€1,048 | +1.6% |
| Non-recurring operating charges | 66A | €8 | €0 | -€8 | -100% |
| Gross operating margin | 9900 | €1,444,963 | €1,948,871 | +€503,908 | +34.9% |
| Operating profit (loss) | 9901 | €666,888 | €1,172,800 | +€505,912 | +75.9% |
| Financial income | 75/76B | €11,458 | €11,994 | +€536 | +4.7% |
| Recurring financial income | 75 | €11,458 | €11,994 | +€536 | +4.7% |
| Financial charges | 65/66B | €15,642 | €22,263 | +€6,621 | +42.3% |
| Recurring financial charges | 65 | €15,642 | €22,263 | +€6,621 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €662,704 | €1,162,531 | +€499,827 | +75.4% |
| Income taxes | 67/77 | €178,864 | €320,468 | +€141,604 | +79.2% |
| Profit (loss) for the period | 9904 | €483,839 | €842,062 | +€358,223 | +74.0% |
| Transfer to tax-exempt reserves | 689 | €315,750 | €421,000 | +€105,250 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €168,089 | €421,062 | +€252,973 | +150% |
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 26 October 2026 via checked.be.