Maasland Groefuitbating: 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 Groefuitbating
NACE 08.111, Other mining and quarrying
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€191,712
2024 · €6.3m-€6.5m
Equity
€13.8m
2024 · €14.0m-€191,712
Cash
€4,451
2024 · €7,583-€3,132
Balance sheet total
€18.7m
2024 · €21.7m-€3.0m
Largest movements
Assets
- Receivables within one year -€3.8m
down €3.8m (-21.9%), from €17.4m to €13.6m
of which Trade receivables: -€2.1m
- Tangible fixed assets +€591,693
up €591,693 (+14.0%), from €4.2m to €4.8m
of which Land and buildings: +€909,806
- Deferred charges and accrued income +€247,577
up €247,577 (+308%), from €80,489 to €328,066
Equity and liabilities
- Trade debts -€2.4m
down €2.4m (-84.0%), from €2.9m to €462,623
- Tax, wage and social debts -€278,653
down €278,653 (-97.5%), from €285,819 to €7,166
of which Taxes: -€274,216
Income statement
- Turnover -€7.2m
down €7.2m (-91.9%), from €7.9m to €640,411
- Goods and materials -€6.5m
down €6.5m (-100%), from €6.5m to €0
- Services and other goods -€2.0m
down €2.0m (-73.9%), from €2.7m to €703,742
- Other operating income -€172,764
down €172,764 (-55.9%), from €309,047 to €136,283
- Taxes -€147,425
down €147,425 (-99.9%), from €147,585 to €159
of which Taxes: -€147,883
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
€6.3m
Turnover
-€7.2m
Other operating income
-€172,764
Goods and materials
+€6.5m
Services and other goods
+€2.0m
Staff costs
+€20,629
Depreciation
-€762
Provisions
-€106,860
Other operating charges
+€83,025
Other operating items
-€9.5m
Financial income
-€112,767
Financial charges
-€62,909
Taxes
+€147,425
Deferred taxes and other
+€2.0m
Result 2025
-€191,712
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
+€1.0m
Investment
-€1.0m
Financing
€0
Cash 2024
€7,583
From operations (derived)
+€1.0m
Net result for the year
-€191,712
Depreciation
+€436,195
Receivables within one year
+€3.8m
Deferred charges and accrued income
-€247,577
Provisions
-€62,993
Trade debts
-€2.4m
Tax, wage and social debts
-€278,653
Other debts
+€25,595
Accrued charges and deferred income
-€33,694
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.0m
Cash 2025
€4,451
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,696,274 | €18,729,653 | -€3.0m | -13.7% |
| Fixed assets | 21/28 | €4,220,965 | €4,812,658 | +€591,693 | +14.0% |
| Tangible fixed assets | 22/27 | €4,220,965 | €4,812,658 | +€591,693 | +14.0% |
| Land and buildings | 22 | €2,823,701 | €3,733,506 | +€909,806 | +32.2% |
| Plant, machinery and equipment | 23 | €1,397,264 | €1,079,152 | -€318,113 | -22.8% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €17,475,309 | €13,916,995 | -€3.6m | -20.4% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €17,387,238 | €13,584,478 | -€3.8m | -21.9% |
| Trade receivables | 40 | €2,569,243 | €485,967 | -€2.1m | -81.1% |
| Other amounts receivable | 41 | €14,817,994 | €13,098,511 | -€1.7m | -11.6% |
| Cash at bank and in hand | 54/58 | €7,583 | €4,451 | -€3,132 | -41.3% |
| Deferred charges and accrued income | 490/1 | €80,489 | €328,066 | +€247,577 | +308% |
| Total equity and liabilities | 10/49 | €21,696,274 | €18,729,653 | -€3.0m | -13.7% |
| Equity | 10/15 | €13,951,905 | €13,760,193 | -€191,712 | -1.4% |
| Contributions | 10/11 | €4,090,042 | €4,090,042 | = | 0.0% |
| Capital | 10 | €4,090,042 | €4,090,042 | = | 0.0% |
| Issued capital | 100 | €4,090,042 | €4,090,042 | = | 0.0% |
| Reserves | 13 | €9,861,863 | €9,670,151 | -€191,712 | -1.9% |
| Non-distributable reserves | 130/1 | €409,004 | €409,004 | = | 0.0% |
| Legal reserve | 130 | €409,004 | €409,004 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,474,123 | €7,285,143 | -€188,980 | -2.5% |
| Distributable reserves | 133 | €1,978,737 | €1,976,005 | -€2,732 | -0.1% |
| Investment grants | 15 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €2,224,253 | €2,161,260 | -€62,993 | -2.8% |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Deferred taxes | 168 | €2,224,253 | €2,161,260 | -€62,993 | -2.8% |
| Amounts payable | 17/49 | €5,520,116 | €2,808,200 | -€2.7m | -49.1% |
| Amounts payable after more than one year | 17 | €2,303,250 | €2,303,250 | = | 0.0% |
| Financial debts | 170/4 | €2,303,250 | €2,303,250 | = | 0.0% |
| Credit institutions | 173 | €2,303,250 | €2,303,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,173,606 | €495,384 | -€2.7m | -84.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,887,788 | €462,623 | -€2.4m | -84.0% |
| Suppliers | 440/4 | €2,887,788 | €462,623 | -€2.4m | -84.0% |
| Taxes, remuneration and social security | 45 | €285,819 | €7,166 | -€278,653 | -97.5% |
| Taxes | 450/3 | €281,382 | €7,166 | -€274,216 | -97.5% |
| Remuneration and social security | 454/9 | €4,436 | €0 | -€4,436 | -100% |
| Other amounts payable | 47/48 | - | €25,595 | +€25,595 | |
| Accrued charges and deferred income | 492/3 | €43,260 | €9,566 | -€33,694 | -77.9% |
| Operating income | 70/76A | €18,418,493 | €776,693 | -€17.6m | -95.8% |
| Turnover | 70 | €7,890,136 | €640,411 | -€7.2m | -91.9% |
| Other operating income | 74 | €309,047 | €136,283 | -€172,764 | -55.9% |
| Non-recurring operating income | 76A | €10,219,311 | €0 | -€10.2m | -100% |
| Operating charges | 60/66A | €10,417,280 | €1,205,890 | -€9.2m | -88.4% |
| Goods for resale, raw materials and consumables | 60 | €6,494,061 | €0 | -€6.5m | -100% |
| Purchases | 600/8 | €6,494,061 | €0 | -€6.5m | -100% |
| Services and other goods | 61 | €2,697,544 | €703,742 | -€2.0m | -73.9% |
| Remuneration, social security and pensions | 62 | €63,928 | €43,299 | -€20,629 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €435,433 | €436,195 | +€762 | +0.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€106,860 | €0 | +€106,860 | |
| Other operating charges | 640/8 | €105,679 | €22,653 | -€83,025 | -78.6% |
| Non-recurring operating charges | 66A | €727,495 | €0 | -€727,495 | -100% |
| Operating profit (loss) | 9901 | €8,001,213 | -€429,196 | -€8.4m | |
| Financial income | 75/76B | €381,623 | €268,856 | -€112,767 | -29.5% |
| Recurring financial income | 75 | €381,623 | €268,856 | -€112,767 | -29.5% |
| Income from financial fixed assets | 750 | €194,242 | €267,186 | +€72,944 | +37.6% |
| Income from current assets | 751 | €9 | €662 | +€653 | +7,287% |
| Other financial income | 752/9 | €187,371 | €1,008 | -€186,363 | -99.5% |
| Financial charges | 65/66B | €31,296 | €94,206 | +€62,909 | +201% |
| Recurring financial charges | 65 | €31,296 | €94,206 | +€62,909 | +201% |
| Debt charges | 650 | €24,430 | €87,534 | +€63,104 | +258% |
| Other financial charges | 652/9 | €6,866 | €6,671 | -€195 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €8,351,540 | -€254,546 | -€8.6m | |
| Transfer from deferred taxes | 780 | €67,706 | €62,993 | -€4,713 | -7.0% |
| Transfer to deferred taxes | 680 | €1,979,936 | €0 | -€2.0m | -100% |
| Income taxes | 67/77 | €147,585 | €159 | -€147,425 | -99.9% |
| Taxes | 670/3 | €148,042 | €159 | -€147,883 | -99.9% |
| Tax adjustments and reversals of tax provisions | 77 | €458 | €0 | -€458 | -100% |
| Profit (loss) for the period | 9904 | €6,291,726 | -€191,712 | -€6.5m | |
| Transfer from tax-exempt reserves | 789 | €203,119 | €188,980 | -€14,139 | -7.0% |
| Transfer to tax-exempt reserves | 689 | €5,939,807 | €0 | -€5.9m | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €555,037 | -€2,732 | -€557,769 |
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.