MADDELIN: 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
MADDELIN
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€83,230
2024 · -€72,665-€10,565
Equity
-€40,703
2024 · €42,527-€83,230
Cash
€13,125
2024 · €3,576+€9,549
Balance sheet total
€1.2m
2024 · €1.4m-€160,236
Largest movements
Assets
- Stocks and contracts -€106,282
down €106,282 (-10.6%), from €1.0m to €901,078
- Tangible fixed assets -€62,343
down €62,343 (-18.7%), from €333,744 to €271,401
Equity and liabilities
- Debts after one year -€86,616
down €86,616 (-9.2%), from €942,569 to €855,954
of which Other amounts payable: -€60,949
- Profit (loss) carried forward -€83,230
down €83,230 (-46.7%), from -€178,372 to -€261,601
Income statement
- Gross operating margin -€72,085
down €72,085 (-47.7%), from €151,044 to €78,959
- Financial income +€32,243
up €32,243 (+529.0%), from €6,095 to €38,337
- Financial charges -€27,765
down €27,765 (-45.9%), from €60,542 to €32,777
- Staff costs -€5,095
down €5,095 (-6.8%), from €75,009 to €69,914
- Depreciation +€2,653
up €2,653 (+2.9%), from €91,618 to €94,272
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
-€72,665
Gross operating margin
-€72,085
Staff costs
+€5,095
Depreciation
-€2,653
Write-downs
-€465
Other operating charges
-€408
Financial income
+€32,243
Financial charges
+€27,765
Taxes
-€56
Result 2025
-€83,230
Cash bridge derived
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
+€125,151
Investment
-€31,928
Financing
-€83,674
Cash 2024
€3,576
From operations (derived)
+€125,151
Net result for the year
-€83,230
Depreciation
+€94,272
Stocks and contracts
+€106,282
Receivables within one year
-€1,574
Deferred charges and accrued income
+€2,734
Trade debts
-€5,348
Tax, wage and social debts
+€1,618
Other debts
+€10,397
Investment (derived)
-€31,928
Investment in fixed assets (net)
-€31,928
Financing
-€83,674
Debts after one year
-€86,616
Current portion of long-term debt
+€2,942
Cash 2025
€13,125
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,387,739 | €1,227,503 | -€160,236 | -11.5% |
| Fixed assets | 21/28 | €333,744 | €271,401 | -€62,343 | -18.7% |
| Tangible fixed assets | 22/27 | €333,744 | €271,401 | -€62,343 | -18.7% |
| Land and buildings | 22 | €4,485 | €4,485 | = | 0.0% |
| Plant, machinery and equipment | 23 | €75,297 | €51,704 | -€23,593 | -31.3% |
| Furniture and vehicles | 24 | €68,338 | €69,415 | +€1,077 | +1.6% |
| Leasing and similar rights | 25 | €136,845 | €111,463 | -€25,382 | -18.5% |
| Other tangible fixed assets | 26 | €48,778 | €34,333 | -€14,445 | -29.6% |
| Current assets | 29/58 | €1,053,995 | €956,102 | -€97,893 | -9.3% |
| Stocks and contracts in progress | 3 | €1,007,361 | €901,078 | -€106,282 | -10.6% |
| Stocks | 30/36 | €1,007,361 | €901,078 | -€106,282 | -10.6% |
| Amounts receivable within one year | 40/41 | €32,989 | €34,564 | +€1,574 | +4.8% |
| Trade receivables | 40 | €31,556 | €33,980 | +€2,424 | +7.7% |
| Other amounts receivable | 41 | €1,433 | €583 | -€850 | -59.3% |
| Cash at bank and in hand | 54/58 | €3,576 | €13,125 | +€9,549 | +267.0% |
| Deferred charges and accrued income | 490/1 | €10,069 | €7,335 | -€2,734 | -27.2% |
| Total equity and liabilities | 10/49 | €1,387,739 | €1,227,503 | -€160,236 | -11.5% |
| Equity | 10/15 | €42,527 | -€40,703 | -€83,230 | |
| Contributions | 10/11 | €212,000 | €212,000 | = | 0.0% |
| Capital | 10 | €212,000 | €212,000 | = | 0.0% |
| Issued capital | 100 | €212,000 | €212,000 | = | 0.0% |
| Reserves | 13 | €8,898 | €8,898 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,292 | €2,292 | = | 0.0% |
| Legal reserve | 130 | €2,292 | €2,292 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,606 | €6,606 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,372 | -€261,601 | -€83,230 | -46.7% |
| Amounts payable | 17/49 | €1,345,212 | €1,268,206 | -€77,007 | -5.7% |
| Amounts payable after more than one year | 17 | €942,569 | €855,954 | -€86,616 | -9.2% |
| Financial debts | 170/4 | €88,956 | €63,289 | -€25,667 | -28.9% |
| Other amounts payable | 178/9 | €853,614 | €792,665 | -€60,949 | -7.1% |
| Amounts payable within one year | 42/48 | €402,643 | €412,252 | +€9,609 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €22,724 | €25,667 | +€2,942 | +12.9% |
| Financial debts | 43 | €250,000 | €250,000 | = | 0.0% |
| Credit institutions | 430/8 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | €86,683 | €81,334 | -€5,348 | -6.2% |
| Suppliers | 440/4 | €86,683 | €81,334 | -€5,348 | -6.2% |
| Taxes, remuneration and social security | 45 | €34,317 | €35,935 | +€1,618 | +4.7% |
| Taxes | 450/3 | €19,413 | €19,363 | -€50 | -0.3% |
| Remuneration and social security | 454/9 | €14,904 | €16,572 | +€1,668 | +11.2% |
| Other amounts payable | 47/48 | €8,919 | €19,317 | +€10,397 | +116.6% |
| Remuneration, social security and pensions | 62 | €75,009 | €69,914 | -€5,095 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,618 | €94,272 | +€2,653 | +2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €465 | +€465 | |
| Other operating charges | 640/8 | €2,342 | €2,750 | +€408 | +17.4% |
| Gross operating margin | 9900 | €151,044 | €78,959 | -€72,085 | -47.7% |
| Operating profit (loss) | 9901 | -€17,925 | -€88,441 | -€70,516 | -393.4% |
| Financial income | 75/76B | €6,095 | €38,337 | +€32,243 | +529.0% |
| Recurring financial income | 75 | €6,095 | €38,337 | +€32,243 | +529.0% |
| Financial charges | 65/66B | €60,542 | €32,777 | -€27,765 | -45.9% |
| Recurring financial charges | 65 | €60,542 | €32,777 | -€27,765 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | -€72,372 | -€82,881 | -€10,509 | -14.5% |
| Income taxes | 67/77 | €293 | €349 | +€56 | +19.1% |
| Profit (loss) for the period | 9904 | -€72,665 | -€83,230 | -€10,565 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,665 | -€83,230 | -€10,565 | -14.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.