Maes Technics: 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 Technics
Largest movements
- Receivables within one year -€15,638
down €15,638 (-60.4%), from €25,911 to €10,272
of which Other amounts receivable: -€18,833
- Cash +€8,205
up €8,205 (+82.1%), from €10,000 to €18,205
mainly Net result for the year (+€18,618) and Receivables within one year (+€15,638)
- Tangible fixed assets -€1,917
down €1,917 (-11.5%), from €16,688 to €14,771
of which Furniture and vehicles: -€4,760
- Deferred charges and accrued income +€1,124
new in 2025: €1,124
- Trade debts -€21,609
down €21,609 (-95.5%), from €22,616 to €1,007
- Reserves +€18,618
up €18,618 (+126%), from €14,749 to €33,367
- Current portion of long-term debt -€6,361
down €6,361 (-91.5%), from €6,948 to €588
- Tax, wage and social debts +€1,713
up €1,713 (+33.0%), from €5,198 to €6,911
- Debts after one year -€588
down €588 (-100%), from €588 to €0
- Gross operating margin +€12,535
up €12,535 (+62.5%), from €20,065 to €32,600
- Depreciation +€5,996
new in 2025: €5,996
- Taxes +€1,475
up €1,475 (+28.4%), from €5,198 to €6,672
- Other operating charges +€1,007
up €1,007 (+853%), from €118 to €1,125
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 | €52,599 | €44,373 | -€8,226 | -15.6% |
| Fixed assets | 21/28 | €16,688 | €14,771 | -€1,917 | -11.5% |
| Tangible fixed assets | 22/27 | €16,688 | €14,771 | -€1,917 | -11.5% |
| Land and buildings | 22 | €2,409 | €1,606 | -€803 | -33.3% |
| Plant, machinery and equipment | 23 | - | €3,646 | +€3,646 | |
| Furniture and vehicles | 24 | €14,279 | €9,519 | -€4,760 | -33.3% |
| Current assets | 29/58 | €35,911 | €29,602 | -€6,309 | -17.6% |
| Amounts receivable within one year | 40/41 | €25,911 | €10,272 | -€15,638 | -60.4% |
| Trade receivables | 40 | - | €3,195 | +€3,195 | |
| Other amounts receivable | 41 | €25,911 | €7,078 | -€18,833 | -72.7% |
| Cash at bank and in hand | 54/58 | €10,000 | €18,205 | +€8,205 | +82.1% |
| Deferred charges and accrued income | 490/1 | - | €1,124 | +€1,124 | |
| Total equity and liabilities | 10/49 | €52,599 | €44,373 | -€8,226 | -15.6% |
| Equity | 10/15 | €17,249 | €35,867 | +€18,618 | +108% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,749 | €33,367 | +€18,618 | +126% |
| Distributable reserves | 133 | €14,749 | €33,367 | +€18,618 | +126% |
| Amounts payable | 17/49 | €35,349 | €8,506 | -€26,844 | -75.9% |
| Amounts payable after more than one year | 17 | €588 | €0 | -€588 | -100% |
| Financial debts | 170/4 | €588 | €0 | -€588 | -100% |
| Amounts payable within one year | 42/48 | €34,762 | €8,506 | -€26,256 | -75.5% |
| Current portion of amounts payable after more than one year | 42 | €6,948 | €588 | -€6,361 | -91.5% |
| Trade debts | 44 | €22,616 | €1,007 | -€21,609 | -95.5% |
| Suppliers | 440/4 | €22,616 | €1,007 | -€21,609 | -95.5% |
| Taxes, remuneration and social security | 45 | €5,198 | €6,911 | +€1,713 | +33.0% |
| Taxes | 450/3 | €5,198 | €6,911 | +€1,713 | +33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,996 | +€5,996 | |
| Other operating charges | 640/8 | €118 | €1,125 | +€1,007 | +853% |
| Gross operating margin | 9900 | €20,065 | €32,600 | +€12,535 | +62.5% |
| Operating profit (loss) | 9901 | €19,947 | €25,479 | +€5,532 | +27.7% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | - | €194 | +€194 | |
| Recurring financial charges | 65 | - | €194 | +€194 | |
| Profit (loss) for the period before taxes | 9903 | €19,947 | €25,290 | +€5,343 | +26.8% |
| Income taxes | 67/77 | €5,198 | €6,672 | +€1,475 | +28.4% |
| Profit (loss) for the period | 9904 | €14,749 | €18,618 | +€3,868 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,749 | €18,618 | +€3,868 | +26.2% |
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 13 October 2026 via checked.be.