MAENHOUT TANIA: 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.
MAENHOUT TANIA
Largest movements
- Current investments +€69,209
up €69,209 (+15.0%), from €460,390 to €529,600
- Cash +€38,037
up €38,037 (+18.3%), from €208,148 to €246,185
mainly Net result for the year (+€93,333) and Depreciation (+€14,825)
- Receivables within one year +€18,212
up €18,212 (+42.2%), from €43,199 to €61,410
of which Other amounts receivable: +€17,608
- Tangible fixed assets -€14,825
down €14,825 (-24.0%), from €61,682 to €46,857
of which Furniture and vehicles: -€11,224
- Reserves +€93,333
up €93,333 (+19.6%), from €476,412 to €569,745
of which Distributable reserves: +€93,333
- Trade debts +€14,438
up €14,438 (+255%), from €5,658 to €20,096
- Short-term financial debts +€13,503
up €13,503 (+96.4%), from €14,001 to €27,504
- Gross operating margin -€15,135
down €15,135 (-7.5%), from €202,352 to €187,217
- Other operating charges +€5,088
up €5,088 (+922%), from €552 to €5,640
- Taxes -€3,595
down €3,595 (-7.3%), from €48,991 to €45,397
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €777,731 | €888,714 | +€110,983 | +14.3% |
| Fixed assets | 21/28 | €61,682 | €46,857 | -€14,825 | -24.0% |
| Tangible fixed assets | 22/27 | €61,682 | €46,857 | -€14,825 | -24.0% |
| Plant, machinery and equipment | 23 | €15,463 | €12,886 | -€2,577 | -16.7% |
| Furniture and vehicles | 24 | €44,740 | €33,517 | -€11,224 | -25.1% |
| Other tangible fixed assets | 26 | €1,478 | €453 | -€1,025 | -69.3% |
| Current assets | 29/58 | €716,049 | €841,857 | +€125,808 | +17.6% |
| Amounts receivable within one year | 40/41 | €43,199 | €61,410 | +€18,212 | +42.2% |
| Trade receivables | 40 | €11,030 | €11,634 | +€604 | +5.5% |
| Other amounts receivable | 41 | €32,169 | €49,777 | +€17,608 | +54.7% |
| Current investments | 50/53 | €460,390 | €529,600 | +€69,209 | +15.0% |
| Cash at bank and in hand | 54/58 | €208,148 | €246,185 | +€38,037 | +18.3% |
| Deferred charges and accrued income | 490/1 | €4,312 | €4,662 | +€350 | +8.1% |
| Total equity and liabilities | 10/49 | €777,731 | €888,714 | +€110,983 | +14.3% |
| Equity | 10/15 | €718,874 | €812,206 | +€93,333 | +13.0% |
| Contributions | 10/11 | €12,397 | €12,397 | = | 0.0% |
| Reserves | 13 | €476,412 | €569,745 | +€93,333 | +19.6% |
| Non-distributable reserves | 130/1 | €15,522 | €15,522 | = | 0.0% |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Other | 1319 | €15,522 | €15,522 | = | 0.0% |
| Distributable reserves | 133 | €460,890 | €554,223 | +€93,333 | +20.3% |
| Profit (loss) carried forward | 14 | €230,064 | €230,064 | = | 0.0% |
| Amounts payable | 17/49 | €58,858 | €76,508 | +€17,650 | +30.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €58,858 | €76,508 | +€17,650 | +30.0% |
| Current portion of amounts payable after more than one year | 42 | €8,072 | €0 | -€8,072 | -100% |
| Financial debts | 43 | €14,001 | €27,504 | +€13,503 | +96.4% |
| Credit institutions | 430/8 | €14,001 | €27,504 | +€13,503 | +96.4% |
| Trade debts | 44 | €5,658 | €20,096 | +€14,438 | +255% |
| Suppliers | 440/4 | €5,658 | €20,096 | +€14,438 | +255% |
| Taxes, remuneration and social security | 45 | €31,127 | €28,908 | -€2,220 | -7.1% |
| Taxes | 450/3 | €19,809 | €10,518 | -€9,291 | -46.9% |
| Remuneration and social security | 454/9 | €11,318 | €18,390 | +€7,072 | +62.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €26,459 | €26,409 | -€50 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,926 | €14,825 | -€101 | -0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,199 | +€1,199 | |
| Other operating charges | 640/8 | €552 | €5,640 | +€5,088 | +922% |
| Gross operating margin | 9900 | €202,352 | €187,217 | -€15,135 | -7.5% |
| Operating profit (loss) | 9901 | €160,414 | €139,144 | -€21,270 | -13.3% |
| Financial income | 75/76B | €609 | €1,952 | +€1,343 | +220% |
| Recurring financial income | 75 | €609 | €1,952 | +€1,343 | +220% |
| Financial charges | 65/66B | €2,400 | €2,367 | -€33 | -1.4% |
| Recurring financial charges | 65 | €2,400 | €2,367 | -€33 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €158,624 | €138,729 | -€19,894 | -12.5% |
| Income taxes | 67/77 | €48,991 | €45,397 | -€3,595 | -7.3% |
| Profit (loss) for the period | 9904 | €109,632 | €93,333 | -€16,299 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €109,632 | €93,333 | -€16,299 | -14.9% |
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 13 October 2026 via checked.be.