MAES - TASSIN: 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 - TASSIN
Largest movements
- Receivables within one year +€14,898
up €14,898 (+19.2%), from €77,619 to €92,516
of which Other amounts receivable: +€12,902
- Other debts +€16,978
new in 2025: €16,978
- Reserves -€1,280
down €1,280 (-3.1%), from €41,190 to €39,910
of which Distributable reserves: -€1,280
- Gross operating margin -€4,322
down €4,322, from €2,800 to -€1,522
- Taxes -€820
no longer reported in 2025 (was €820)
- Financial income -€786
down €786 (-67.1%), from €1,172 to €386
- Financial charges -€87
down €87 (-37.9%), from €231 to €143
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 | €105,520 | €121,289 | +€15,769 | +14.9% |
| Current assets | 29/58 | €105,520 | €121,289 | +€15,769 | +14.9% |
| Amounts receivable after more than one year | 29 | €25,735 | €25,735 | = | 0.0% |
| Other amounts receivable | 291 | €25,735 | €25,735 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €77,619 | €92,516 | +€14,898 | +19.2% |
| Trade receivables | 40 | €76,015 | €78,010 | +€1,995 | +2.6% |
| Other amounts receivable | 41 | €1,604 | €14,506 | +€12,902 | +804% |
| Cash at bank and in hand | 54/58 | €2,166 | €3,038 | +€871 | +40.2% |
| Total equity and liabilities | 10/49 | €105,520 | €121,289 | +€15,769 | +14.9% |
| Equity | 10/15 | €103,190 | €101,910 | -€1,280 | -1.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €41,190 | €39,910 | -€1,280 | -3.1% |
| Tax-exempt reserves | 132 | €14,610 | €14,610 | = | 0.0% |
| Distributable reserves | 133 | €26,580 | €25,300 | -€1,280 | -4.8% |
| Amounts payable | 17/49 | €2,330 | €19,378 | +€17,048 | +732% |
| Amounts payable within one year | 42/48 | €2,330 | €19,378 | +€17,048 | +732% |
| Financial debts | 43 | €23 | €23 | = | 0.0% |
| Credit institutions | 430/8 | €23 | €23 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,307 | €2,378 | +€70 | +3.1% |
| Taxes | 450/3 | €2,307 | €2,378 | +€70 | +3.1% |
| Other amounts payable | 47/48 | - | €16,978 | +€16,978 | |
| Gross operating margin | 9900 | €2,800 | -€1,522 | -€4,322 | |
| Operating profit (loss) | 9901 | €2,800 | -€1,522 | -€4,322 | |
| Financial income | 75/76B | €1,172 | €386 | -€786 | -67.1% |
| Recurring financial income | 75 | €1,172 | €386 | -€786 | -67.1% |
| Financial charges | 65/66B | €231 | €143 | -€87 | -37.9% |
| Recurring financial charges | 65 | €231 | €143 | -€87 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €3,741 | -€1,280 | -€5,021 | |
| Income taxes | 67/77 | €820 | - | -€820 | |
| Profit (loss) for the period | 9904 | €2,922 | -€1,280 | -€4,201 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,922 | -€1,280 | -€4,201 |
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 22 October 2026 via checked.be.