Maes Professional Services: 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.
Maes Professional Services
Largest movements
- Tangible fixed assets +€39,248
up €39,248 (+537%), from €7,314 to €46,562
- Cash +€14,545
up €14,545 (+38.1%), from €38,141 to €52,685
mainly Debts after one year (+€39,660) and Depreciation (+€12,487)
- Deferred charges and accrued income +€2,903
up €2,903 (+234%), from €1,242 to €4,145
- Receivables within one year +€1,730
up €1,730 (+3.5%), from €49,112 to €50,842
of which Trade receivables: +€1,750
- Debts after one year +€39,660
up €39,660 (+94.3%), from €42,053 to €81,713
of which Financial debts: +€36,199
- Current portion of long-term debt +€9,157
up €9,157 (+1,233%), from €743 to €9,900
- Profit (loss) carried forward +€6,866
up €6,866, from -€1,866 to €5,000
- Reserves +€3,237
up €3,237 (+191%), from €1,698 to €4,935
- Gross operating margin +€15,737
up €15,737 (+25.8%), from €61,113 to €76,850
- Staff costs +€10,177
up €10,177 (+30.3%), from €33,542 to €43,718
- Depreciation +€5,174
up €5,174 (+70.7%), from €7,314 to €12,487
- Financial charges +€1,106
up €1,106 (+238%), from €464 to €1,570
- Other operating charges +€925
up €925 (+58.2%), from €1,589 to €2,514
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 | €95,808 | €154,234 | +€58,426 | +61.0% |
| Fixed assets | 21/28 | €7,314 | €46,562 | +€39,248 | +537% |
| Tangible fixed assets | 22/27 | €7,314 | €46,562 | +€39,248 | +537% |
| Furniture and vehicles | 24 | €7,314 | €46,562 | +€39,248 | +537% |
| Current assets | 29/58 | €88,494 | €107,672 | +€19,178 | +21.7% |
| Amounts receivable within one year | 40/41 | €49,112 | €50,842 | +€1,730 | +3.5% |
| Trade receivables | 40 | €49,092 | €50,842 | +€1,750 | +3.6% |
| Other amounts receivable | 41 | €20 | - | -€20 | |
| Cash at bank and in hand | 54/58 | €38,141 | €52,685 | +€14,545 | +38.1% |
| Deferred charges and accrued income | 490/1 | €1,242 | €4,145 | +€2,903 | +234% |
| Total equity and liabilities | 10/49 | €95,808 | €154,234 | +€58,426 | +61.0% |
| Equity | 10/15 | €31,067 | €41,170 | +€10,103 | +32.5% |
| Contributions | 10/11 | €31,235 | €31,235 | = | 0.0% |
| Reserves | 13 | €1,698 | €4,935 | +€3,237 | +191% |
| Distributable reserves | 133 | €1,698 | €4,935 | +€3,237 | +191% |
| Profit (loss) carried forward | 14 | -€1,866 | €5,000 | +€6,866 | |
| Amounts payable | 17/49 | €64,741 | €113,065 | +€48,323 | +74.6% |
| Amounts payable after more than one year | 17 | €42,053 | €81,713 | +€39,660 | +94.3% |
| Financial debts | 170/4 | - | €36,199 | +€36,199 | |
| Other amounts payable | 178/9 | €42,053 | €45,514 | +€3,461 | +8.2% |
| Amounts payable within one year | 42/48 | €19,703 | €29,462 | +€9,759 | +49.5% |
| Current portion of amounts payable after more than one year | 42 | €743 | €9,900 | +€9,157 | +1,233% |
| Trade debts | 44 | €1,861 | €1,775 | -€86 | -4.6% |
| Suppliers | 440/4 | €1,861 | €1,775 | -€86 | -4.6% |
| Taxes, remuneration and social security | 45 | €17,100 | €17,788 | +€688 | +4.0% |
| Taxes | 450/3 | €12,738 | €8,136 | -€4,602 | -36.1% |
| Remuneration and social security | 454/9 | €4,362 | €9,651 | +€5,289 | +121% |
| Accrued charges and deferred income | 492/3 | €2,985 | €1,890 | -€1,095 | -36.7% |
| Remuneration, social security and pensions | 62 | €33,542 | €43,718 | +€10,177 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,314 | €12,487 | +€5,174 | +70.7% |
| Other operating charges | 640/8 | €1,589 | €2,514 | +€925 | +58.2% |
| Gross operating margin | 9900 | €61,113 | €76,850 | +€15,737 | +25.8% |
| Operating profit (loss) | 9901 | €18,668 | €18,131 | -€538 | -2.9% |
| Financial income | 75/76B | €12 | €11 | -€1 | -5.4% |
| Recurring financial income | 75 | €12 | €11 | -€1 | -5.4% |
| Financial charges | 65/66B | €464 | €1,570 | +€1,106 | +238% |
| Recurring financial charges | 65 | €464 | €1,570 | +€1,106 | +238% |
| Profit (loss) for the period before taxes | 9903 | €18,216 | €16,572 | -€1,645 | -9.0% |
| Income taxes | 67/77 | €6,898 | €6,469 | -€429 | -6.2% |
| Profit (loss) for the period | 9904 | €11,318 | €10,103 | -€1,215 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,318 | €10,103 | -€1,215 | -10.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.