MAES MOBILITY: 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.
What changed
MAES MOBILITY
NACE 18.120, Other printing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.4m
2024 · €2,471+€2.4m
Equity
€15.2m
2024 · €3,160+€15.2m
Cash
€442,811
2024 · €3,587+€439,224
Balance sheet total
€295.4m
2024 · €6,235+€295.4m
Largest movements
Assets
- Receivables within one year +€294.8m
up €294.8m (+11132610.6%), from €2,648 to €294.8m
of which Other amounts receivable: +€284.2m
Equity and liabilities
- Other debts +€274.6m
new in 2025: €274.6m
- Profit (loss) carried forward +€12.5m
up €12.5m (+505762.8%), from €2,471 to €12.5m
- Trade debts +€4.7m
new in 2025: €4.7m
Income statement
- Turnover +€89.0m
up €89.0m (+2327615.6%), from €3,825 to €89.0m
- Goods and materials +€84.9m
new in 2025: €84.9m
of which Purchases: +€84.9m
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
€2,471
Turnover
+€89.0m
Other operating income
+€100,876
Goods and materials
-€84.9m
Services and other goods
-€823,917
Staff costs
-€356,013
Depreciation
-€12,586
Other operating charges
+€835
Other operating items
+€120
Financial income
+€271,077
Financial charges
-€19,726
Taxes
-€821,055
Result 2025
€2.4m
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
-€12.7m
Investment
-€185,864
Financing
+€13.4m
Cash 2024
€3,587
From operations (derived)
-€12.7m
Net result for the year
+€2.4m
Depreciation
+€12,586
Smaller working-capital items
+€221,669
Receivables within one year
-€294.8m
Trade debts
+€4.7m
Other debts
+€274.6m
Investment (derived)
-€185,864
Investment in fixed assets (net)
-€185,864
Financing
+€13.4m
Debts after one year
+€636,293
Contributions, distributions and other
+€12.7m
Cash 2025
€442,811
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,235 | €295,419,507 | +€295.4m | +4738127.9% |
| Fixed assets | 21/28 | - | €173,279 | +€173,279 | |
| Intangible fixed assets | 21 | - | €57,641 | +€57,641 | |
| Tangible fixed assets | 22/27 | - | €115,638 | +€115,638 | |
| Furniture and vehicles | 24 | - | €115,638 | +€115,638 | |
| Current assets | 29/58 | €6,235 | €295,246,228 | +€295.2m | +4735348.7% |
| Stocks and contracts in progress | 3 | - | €20,372 | +€20,372 | |
| Stocks | 30/36 | - | €20,372 | +€20,372 | |
| Goods purchased for resale | 34 | - | €20,372 | +€20,372 | |
| Amounts receivable within one year | 40/41 | €2,648 | €294,783,045 | +€294.8m | +11132610.6% |
| Trade receivables | 40 | €393 | €10,531,393 | +€10.5m | +2680530.6% |
| Other amounts receivable | 41 | €2,255 | €284,251,651 | +€284.2m | +12605127.0% |
| Cash at bank and in hand | 54/58 | €3,587 | €442,811 | +€439,224 | +12245.2% |
| Total equity and liabilities | 10/49 | €6,235 | €295,419,507 | +€295.4m | +4738127.9% |
| Equity | 10/15 | €3,160 | €15,182,860 | +€15.2m | +480298.8% |
| Contributions | 10/11 | €1 | €154,609 | +€154,608 | +15460832.0% |
| Capital | 10 | - | €154,609 | +€154,609 | |
| Issued capital | 100 | - | €154,609 | +€154,609 | |
| Reserves | 13 | €688 | €2,525,902 | +€2.5m | +367047.6% |
| Non-distributable reserves | 130/1 | €688 | €25,871 | +€25,183 | +3660.4% |
| Reserves not available under the articles | 1311 | - | €25,871 | +€25,871 | |
| Other | 1319 | €688 | - | -€688 | |
| Tax-exempt reserves | 132 | - | €170,056 | +€170,056 | |
| Distributable reserves | 133 | - | €2,329,975 | +€2.3m | |
| Profit (loss) carried forward | 14 | €2,471 | €12,502,349 | +€12.5m | +505762.8% |
| Amounts payable | 17/49 | €3,074 | €280,236,646 | +€280.2m | +9115243.3% |
| Amounts payable after more than one year | 17 | - | €636,293 | +€636,293 | |
| Other amounts payable | 178/9 | - | €636,293 | +€636,293 | |
| Amounts payable within one year | 42/48 | €1,324 | €279,594,411 | +€279.6m | +21124322.8% |
| Trade debts | 44 | - | €4,729,587 | +€4.7m | |
| Suppliers | 440/4 | - | €4,729,587 | +€4.7m | |
| Taxes, remuneration and social security | 45 | €1,324 | €239,174 | +€237,850 | +17970.5% |
| Taxes | 450/3 | €1,324 | €138,780 | +€137,456 | +10385.4% |
| Remuneration and social security | 454/9 | - | €100,394 | +€100,394 | |
| Other amounts payable | 47/48 | - | €274,625,650 | +€274.6m | |
| Accrued charges and deferred income | 492/3 | €1,751 | €5,942 | +€4,191 | +239.4% |
| Operating income | 70/76A | €3,825 | €89,136,119 | +€89.1m | +2330256.0% |
| Turnover | 70 | €3,825 | €89,035,123 | +€89.0m | +2327615.6% |
| Other operating income | 74 | - | €100,876 | +€100,876 | |
| Non-recurring operating income | 76A | - | €120 | +€120 | |
| Operating charges | 60/66A | €1,119 | €86,117,461 | +€86.1m | +7698995.4% |
| Goods for resale, raw materials and consumables | 60 | - | €84,924,662 | +€84.9m | |
| Purchases | 600/8 | - | €84,945,034 | +€84.9m | |
| Change in stocks: decrease (increase) | 609 | - | -€20,372 | -€20,372 | |
| Services and other goods | 61 | €163 | €824,081 | +€823,917 | +504851.3% |
| Remuneration, social security and pensions | 62 | - | €356,013 | +€356,013 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €12,586 | +€12,586 | |
| Other operating charges | 640/8 | €955 | €120 | -€835 | -87.4% |
| Operating profit (loss) | 9901 | €2,706 | €3,018,657 | +€3.0m | +111435.3% |
| Financial income | 75/76B | - | €271,077 | +€271,077 | |
| Recurring financial income | 75 | - | €271,077 | +€271,077 | |
| Income from current assets | 751 | - | €175,753 | +€175,753 | |
| Other financial income | 752/9 | - | €95,324 | +€95,324 | |
| Financial charges | 65/66B | €51 | €19,777 | +€19,726 | +38407.0% |
| Recurring financial charges | 65 | €51 | €19,777 | +€19,726 | +38407.0% |
| Other financial charges | 652/9 | €51 | €19,777 | +€19,726 | +38407.0% |
| Profit (loss) for the period before taxes | 9903 | €2,655 | €3,269,957 | +€3.3m | +123057.6% |
| Income taxes | 67/77 | €184 | €821,239 | +€821,055 | +447173.6% |
| Taxes | 670/3 | €184 | €821,239 | +€821,055 | +447173.6% |
| Profit (loss) for the period | 9904 | €2,471 | €2,448,718 | +€2.4m | +98978.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,471 | €2,448,718 | +€2.4m | +98978.6% |
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 7 October 2026 via checked.be.