MAE CONSULT: what changed
Two fiscal 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.
MAE CONSULT
Largest movements
- Tangible fixed assets -€13,007
down €13,007 (-54.9%), from €23,675 to €10,668
of which Furniture and vehicles: -€13,928
- Receivables within one year +€9,410
up €9,410 (+33.1%), from €28,392 to €37,802
of which Other amounts receivable: +€8,277
- Cash +€9,038
up €9,038 (+58.5%), from €15,437 to €24,474
mainly Net result for the year (+€15,141) and Depreciation (+€14,997)
- Profit (loss) carried forward +€15,141
up €15,141 (+35.4%), from €42,781 to €57,922
- Current portion of long-term debt -€7,150
down €7,150 (-57.8%), from €12,381 to €5,231
- Debts after one year -€5,231
no longer reported in 2025 (was €5,231)
- Tax, wage and social debts +€3,846
up €3,846 (+91.7%), from €4,196 to €8,042
- Other debts -€1,133
no longer reported in 2025 (was €1,133)
- Gross operating margin +€14,586
up €14,586 (+54.7%), from €26,675 to €41,262
- Taxes +€3,846
up €3,846 (+91.7%), from €4,196 to €8,042
- Other operating charges +€1,084
up €1,084 (+68.3%), from €1,587 to €2,671
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,321 | €73,695 | +€5,374 | +7.9% |
| Fixed assets | 21/28 | €23,725 | €10,718 | -€13,007 | -54.8% |
| Tangible fixed assets | 22/27 | €23,675 | €10,668 | -€13,007 | -54.9% |
| Plant, machinery and equipment | 23 | €869 | €1,995 | +€1,126 | +129.5% |
| Furniture and vehicles | 24 | €19,211 | €5,283 | -€13,928 | -72.5% |
| Other tangible fixed assets | 26 | €3,594 | €3,390 | -€205 | -5.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €44,597 | €62,977 | +€18,381 | +41.2% |
| Amounts receivable within one year | 40/41 | €28,392 | €37,802 | +€9,410 | +33.1% |
| Trade receivables | 40 | €17,156 | €18,289 | +€1,133 | +6.6% |
| Other amounts receivable | 41 | €11,236 | €19,513 | +€8,277 | +73.7% |
| Cash at bank and in hand | 54/58 | €15,437 | €24,474 | +€9,038 | +58.5% |
| Deferred charges and accrued income | 490/1 | €768 | €700 | -€67 | -8.7% |
| Total equity and liabilities | 10/49 | €68,321 | €73,695 | +€5,374 | +7.9% |
| Equity | 10/15 | €45,281 | €60,422 | +€15,141 | +33.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,781 | €57,922 | +€15,141 | +35.4% |
| Amounts payable | 17/49 | €23,040 | €13,273 | -€9,767 | -42.4% |
| Amounts payable after more than one year | 17 | €5,231 | - | -€5,231 | |
| Financial debts | 170/4 | €5,231 | - | -€5,231 | |
| Amounts payable within one year | 42/48 | €17,810 | €13,273 | -€4,537 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €12,381 | €5,231 | -€7,150 | -57.8% |
| Trade debts | 44 | €99 | - | -€99 | |
| Suppliers | 440/4 | €99 | - | -€99 | |
| Taxes, remuneration and social security | 45 | €4,196 | €8,042 | +€3,846 | +91.7% |
| Taxes | 450/3 | €4,196 | €8,042 | +€3,846 | +91.7% |
| Other amounts payable | 47/48 | €1,133 | - | -€1,133 | |
| Non-recurring operating income | 76A | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,771 | €14,997 | +€226 | +1.5% |
| Other operating charges | 640/8 | €1,587 | €2,671 | +€1,084 | +68.3% |
| Gross operating margin | 9900 | €26,675 | €41,262 | +€14,586 | +54.7% |
| Operating profit (loss) | 9901 | €10,317 | €23,594 | +€13,276 | +128.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | +29.2% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +29.2% |
| Financial charges | 65/66B | €416 | €411 | -€6 | -1.4% |
| Recurring financial charges | 65 | €416 | €411 | -€6 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €9,901 | €23,183 | +€13,282 | +134.2% |
| Income taxes | 67/77 | €4,196 | €8,042 | +€3,846 | +91.7% |
| Profit (loss) for the period | 9904 | €5,705 | €15,141 | +€9,436 | +165.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,705 | €15,141 | +€9,436 | +165.4% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.