MAENHOUT BOUWONDERNEMING: what changed
What changed
MAENHOUT BOUWONDERNEMING
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€70,307
2024 · €46,568+€23,739
Equity
€344,622
2024 · €307,315+€37,307
Cash
€275,602
2024 · €189,920+€85,682
Balance sheet total
€598,827
2024 · €544,998+€53,828
Largest movements
Assets
- Cash +€85,682
up €85,682 (+45.1%), from €189,920 to €275,602
mainly Net result for the year (+€70,307) and Receivables within one year (+€40,180)
- Receivables within one year -€40,180
down €40,180 (-48.6%), from €82,697 to €42,517
of which Trade receivables: -€29,766
- Tangible fixed assets +€12,007
up €12,007 (+4.5%), from €264,877 to €276,884
of which Furniture and vehicles: +€24,972
Equity and liabilities
- Reserves +€37,000
up €37,000 (+12.8%), from €288,410 to €325,410
of which Distributable reserves: +€37,000
- Trade debts -€19,262
down €19,262 (-88.7%), from €21,726 to €2,464
- Other debts +€18,170
up €18,170 (+656%), from €2,772 to €20,941
- Debts after one year +€10,945
up €10,945 (+5.8%), from €190,347 to €201,292
- Current portion of long-term debt +€6,460
up €6,460 (+32.2%), from €20,070 to €26,530
Income statement
- Staff costs -€16,899
down €16,899 (-100%), from €16,899 to €0
- Gross operating margin +€10,611
up €10,611 (+9.2%), from €115,237 to €125,847
- Depreciation +€2,802
up €2,802 (+10.9%), from €25,687 to €28,489
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€46,568
Gross operating margin
+€10,611
Staff costs
+€16,899
Depreciation
-€2,802
Other operating charges
+€42
Financial income
-€200
Financial charges
-€1,037
Taxes
+€226
Result 2025
€70,307
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€141,772
Investment
-€40,496
Financing
-€15,594
Cash 2024
€189,920
From operations (derived)
+€141,772
Net result for the year
+€70,307
Depreciation
+€28,489
Receivables within one year
+€40,180
Deferred charges and accrued income
+€3,680
Trade debts
-€19,262
Tax, wage and social debts
-€1,426
Other debts
+€18,170
Accrued charges and deferred income
+€1,634
Investment (derived)
-€40,496
Investment in fixed assets (net)
-€40,496
Financing
-€15,594
Debts after one year
+€10,945
Current portion of long-term debt
+€6,460
Contributions, distributions and other
-€33,000
Cash 2025
€275,602
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €544,998 | €598,827 | +€53,828 | +9.9% |
| Fixed assets | 21/28 | €264,877 | €276,884 | +€12,007 | +4.5% |
| Tangible fixed assets | 22/27 | €264,877 | €276,884 | +€12,007 | +4.5% |
| Land and buildings | 22 | €225,229 | €216,132 | -€9,098 | -4.0% |
| Plant, machinery and equipment | 23 | €12,968 | €9,101 | -€3,867 | -29.8% |
| Furniture and vehicles | 24 | €26,680 | €51,651 | +€24,972 | +93.6% |
| Current assets | 29/58 | €280,121 | €321,942 | +€41,821 | +14.9% |
| Amounts receivable within one year | 40/41 | €82,697 | €42,517 | -€40,180 | -48.6% |
| Trade receivables | 40 | €69,766 | €40,000 | -€29,766 | -42.7% |
| Other amounts receivable | 41 | €12,931 | €2,517 | -€10,414 | -80.5% |
| Cash at bank and in hand | 54/58 | €189,920 | €275,602 | +€85,682 | +45.1% |
| Deferred charges and accrued income | 490/1 | €7,504 | €3,823 | -€3,680 | -49.0% |
| Total equity and liabilities | 10/49 | €544,998 | €598,827 | +€53,828 | +9.9% |
| Equity | 10/15 | €307,315 | €344,622 | +€37,307 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €288,410 | €325,410 | +€37,000 | +12.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €269,660 | €306,660 | +€37,000 | +13.7% |
| Profit (loss) carried forward | 14 | €305 | €612 | +€307 | +101% |
| Amounts payable | 17/49 | €237,683 | €254,205 | +€16,521 | +7.0% |
| Amounts payable after more than one year | 17 | €190,347 | €201,292 | +€10,945 | +5.8% |
| Financial debts | 170/4 | €190,347 | €201,292 | +€10,945 | +5.8% |
| Amounts payable within one year | 42/48 | €46,510 | €50,452 | +€3,942 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €20,070 | €26,530 | +€6,460 | +32.2% |
| Trade debts | 44 | €21,726 | €2,464 | -€19,262 | -88.7% |
| Suppliers | 440/4 | €21,726 | €2,464 | -€19,262 | -88.7% |
| Taxes, remuneration and social security | 45 | €1,942 | €516 | -€1,426 | -73.4% |
| Taxes | 450/3 | €1,942 | €516 | -€1,426 | -73.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,772 | €20,941 | +€18,170 | +656% |
| Accrued charges and deferred income | 492/3 | €827 | €2,461 | +€1,634 | +198% |
| Non-recurring operating income | 76A | €0 | €7,025 | +€7,025 | |
| Remuneration, social security and pensions | 62 | €16,899 | €0 | -€16,899 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,687 | €28,489 | +€2,802 | +10.9% |
| Other operating charges | 640/8 | €1,558 | €1,516 | -€42 | -2.7% |
| Gross operating margin | 9900 | €115,237 | €125,847 | +€10,611 | +9.2% |
| Operating profit (loss) | 9901 | €71,093 | €95,843 | +€24,750 | +34.8% |
| Financial income | 75/76B | €210 | €10 | -€200 | -95.2% |
| Recurring financial income | 75 | €210 | €10 | -€200 | -95.2% |
| Financial charges | 65/66B | €6,505 | €7,542 | +€1,037 | +15.9% |
| Recurring financial charges | 65 | €6,505 | €7,542 | +€1,037 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €64,798 | €88,311 | +€23,513 | +36.3% |
| Income taxes | 67/77 | €18,230 | €18,004 | -€226 | -1.2% |
| Profit (loss) for the period | 9904 | €46,568 | €70,307 | +€23,739 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,568 | €70,307 | +€23,739 | +51.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.