Maeijens: 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.
Maeijens
Largest movements
- Receivables within one year -€116,255
down €116,255 (-29.8%), from €389,521 to €273,266
of which Trade receivables: -€87,911
- Tangible fixed assets -€38,525
down €38,525 (-3.0%), from €1.3m to €1.2m
- Other debts -€276,207
down €276,207 (-30.1%), from €917,160 to €640,953
- Reserves +€136,118
up €136,118 (+23.6%), from €576,589 to €712,707
- Tax, wage and social debts +€63,306
up €63,306 (+557.0%), from €11,365 to €74,671
of which Taxes: +€63,571
- Accrued charges and deferred income -€44,030
down €44,030 (-60.1%), from €73,226 to €29,196
- Gross operating margin +€166,301
up €166,301 (+121.3%), from €137,102 to €303,403
- Taxes +€49,647
up €49,647 (+426.8%), from €11,632 to €61,280
- Financial charges +€8,179
up €8,179 (+14.3%), from €57,030 to €65,208
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 | €2,853,308 | €2,723,534 | -€129,774 | -4.5% |
| Fixed assets | 21/28 | €2,458,439 | €2,419,914 | -€38,525 | -1.6% |
| Tangible fixed assets | 22/27 | €1,277,884 | €1,239,359 | -€38,525 | -3.0% |
| Land and buildings | 22 | €1,277,884 | €1,239,359 | -€38,525 | -3.0% |
| Financial fixed assets | 28 | €1,180,554 | €1,180,554 | = | 0.0% |
| Current assets | 29/58 | €394,869 | €303,621 | -€91,249 | -23.1% |
| Amounts receivable within one year | 40/41 | €389,521 | €273,266 | -€116,255 | -29.8% |
| Trade receivables | 40 | €361,138 | €273,228 | -€87,911 | -24.3% |
| Other amounts receivable | 41 | €28,383 | €38 | -€28,345 | -99.9% |
| Cash at bank and in hand | 54/58 | €5,095 | €30,165 | +€25,071 | +492.1% |
| Deferred charges and accrued income | 490/1 | €254 | €189 | -€64 | -25.3% |
| Total equity and liabilities | 10/49 | €2,853,308 | €2,723,534 | -€129,774 | -4.5% |
| Equity | 10/15 | €826,589 | €962,707 | +€136,118 | +16.5% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €576,589 | €712,707 | +€136,118 | +23.6% |
| Distributable reserves | 133 | €576,589 | €712,707 | +€136,118 | +23.6% |
| Amounts payable | 17/49 | €2,026,719 | €1,760,828 | -€265,891 | -13.1% |
| Amounts payable after more than one year | 17 | €986,054 | €971,650 | -€14,404 | -1.5% |
| Financial debts | 170/4 | €986,054 | €971,650 | -€14,404 | -1.5% |
| Amounts payable within one year | 42/48 | €967,439 | €759,982 | -€207,458 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €37,782 | €41,611 | +€3,829 | +10.1% |
| Trade debts | 44 | €1,132 | €2,747 | +€1,615 | +142.6% |
| Suppliers | 440/4 | €1,132 | €2,747 | +€1,615 | +142.6% |
| Taxes, remuneration and social security | 45 | €11,365 | €74,671 | +€63,306 | +557.0% |
| Taxes | 450/3 | €11,100 | €74,671 | +€63,571 | +572.7% |
| Remuneration and social security | 454/9 | €266 | - | -€266 | |
| Other amounts payable | 47/48 | €917,160 | €640,953 | -€276,207 | -30.1% |
| Accrued charges and deferred income | 492/3 | €73,226 | €29,196 | -€44,030 | -60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,164 | €38,525 | +€2,361 | +6.5% |
| Other operating charges | 640/8 | €1,883 | €2,273 | +€390 | +20.7% |
| Gross operating margin | 9900 | €137,102 | €303,403 | +€166,301 | +121.3% |
| Operating profit (loss) | 9901 | €99,055 | €262,606 | +€163,551 | +165.1% |
| Financial charges | 65/66B | €57,030 | €65,208 | +€8,179 | +14.3% |
| Recurring financial charges | 65 | €57,030 | €65,208 | +€8,179 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €42,026 | €197,397 | +€155,372 | +369.7% |
| Income taxes | 67/77 | €11,632 | €61,280 | +€49,647 | +426.8% |
| Profit (loss) for the period | 9904 | €30,393 | €136,118 | +€105,725 | +347.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,393 | €136,118 | +€105,725 | +347.9% |
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 11 October 2026 via checked.be.