MAESCHALCK: 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.
MAESCHALCK
Largest movements
- Tangible fixed assets -€152,571
down €152,571 (-77.6%), from €196,635 to €44,064
of which Land and buildings: -€130,863
- Cash +€151,373
up €151,373 (+46,129%), from €328 to €151,701
mainly Investment in fixed assets (net) (+€130,863) and Net result for the year (+€90,466)
- Receivables within one year -€18,065
down €18,065 (-61.5%), from €29,380 to €11,315
of which Other amounts receivable: -€24,803
- Debts after one year -€95,131
down €95,131 (-80.8%), from €117,695 to €22,564
- Reserves +€90,000
up €90,000 (+730%), from €12,337 to €102,337
- Current portion of long-term debt -€10,582
down €10,582 (-42.3%), from €25,017 to €14,435
- Tax, wage and social debts -€9,893
down €9,893 (-73.0%), from €13,557 to €3,665
of which Remuneration and social security: -€6,286
- Trade debts +€5,431
up €5,431 (+153%), from €3,560 to €8,991
- Turnover -€264,082
no longer reported in 2024 (was €264,082)
- Purchases and services -€182,593
no longer reported in 2024 (was €182,593)
- Gross operating margin +€64,043
up €64,043 (+70.8%), from €90,439 to €154,482
- Staff costs -€58,253
down €58,253 (-98.1%), from €59,379 to €1,126
- Taxes +€35,969
up €35,969 (+6,866%), from €524 to €36,493
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,257 | €210,420 | -€19,837 | -8.6% |
| Fixed assets | 21/28 | €197,049 | €44,478 | -€152,571 | -77.4% |
| Tangible fixed assets | 22/27 | €196,635 | €44,064 | -€152,571 | -77.6% |
| Land and buildings | 22 | €130,863 | €0 | -€130,863 | -100% |
| Plant, machinery and equipment | 23 | €1,566 | €731 | -€835 | -53.3% |
| Furniture and vehicles | 24 | €64,206 | €43,333 | -€20,873 | -32.5% |
| Financial fixed assets | 28 | €414 | €414 | = | 0.0% |
| Current assets | 29/58 | €33,208 | €165,942 | +€132,734 | +400% |
| Amounts receivable within one year | 40/41 | €29,380 | €11,315 | -€18,065 | -61.5% |
| Trade receivables | 40 | €2,537 | €9,275 | +€6,738 | +266% |
| Other amounts receivable | 41 | €26,843 | €2,040 | -€24,803 | -92.4% |
| Cash at bank and in hand | 54/58 | €328 | €151,701 | +€151,373 | +46,129% |
| Deferred charges and accrued income | 490/1 | €3,500 | €2,926 | -€574 | -16.4% |
| Total equity and liabilities | 10/49 | €230,257 | €210,420 | -€19,837 | -8.6% |
| Equity | 10/15 | €65,298 | €155,764 | +€90,466 | +139% |
| Contributions | 10/11 | €8,057 | €8,057 | +€0 | 0.0% |
| Reserves | 13 | €12,337 | €102,337 | +€90,000 | +730% |
| Distributable reserves | 133 | €12,337 | €102,337 | +€90,000 | +730% |
| Profit (loss) carried forward | 14 | €44,905 | €45,371 | +€466 | +1.0% |
| Amounts payable | 17/49 | €164,958 | €54,656 | -€110,303 | -66.9% |
| Amounts payable after more than one year | 17 | €117,695 | €22,564 | -€95,131 | -80.8% |
| Financial debts | 170/4 | €117,695 | €22,564 | -€95,131 | -80.8% |
| Amounts payable within one year | 42/48 | €47,135 | €32,091 | -€15,043 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | €25,017 | €14,435 | -€10,582 | -42.3% |
| Trade debts | 44 | €3,560 | €8,991 | +€5,431 | +153% |
| Suppliers | 440/4 | €3,560 | €8,991 | +€5,431 | +153% |
| Taxes, remuneration and social security | 45 | €13,557 | €3,665 | -€9,893 | -73.0% |
| Taxes | 450/3 | €6,126 | €2,518 | -€3,607 | -58.9% |
| Remuneration and social security | 454/9 | €7,432 | €1,146 | -€6,286 | -84.6% |
| Other amounts payable | 47/48 | €5,000 | €5,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €128 | €0 | -€128 | -100% |
| Turnover | 70 | €264,082 | - | -€264,082 | |
| Non-recurring operating income | 76A | - | €133,777 | +€133,777 | |
| Goods, raw materials, services and sundry goods | 60/61 | €182,593 | - | -€182,593 | |
| Remuneration, social security and pensions | 62 | €59,379 | €1,126 | -€58,253 | -98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,196 | €21,708 | +€512 | +2.4% |
| Other operating charges | 640/8 | €4,130 | €1,453 | -€2,677 | -64.8% |
| Gross operating margin | 9900 | €90,439 | €154,482 | +€64,043 | +70.8% |
| Operating profit (loss) | 9901 | €5,734 | €130,195 | +€124,461 | +2,171% |
| Financial income | 75/76B | €651 | €0 | -€651 | -100.0% |
| Recurring financial income | 75 | €651 | €0 | -€651 | -100.0% |
| Financial charges | 65/66B | €5,921 | €3,237 | -€2,685 | -45.3% |
| Recurring financial charges | 65 | €5,921 | €3,237 | -€2,685 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €464 | €126,959 | +€126,495 | +27,260% |
| Income taxes | 67/77 | €524 | €36,493 | +€35,969 | +6,866% |
| Profit (loss) for the period | 9904 | -€60 | €90,466 | +€90,525 | |
| Profit (loss) for the period to be appropriated | 9905 | -€60 | €90,466 | +€90,525 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.