Maestro Technican: 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.
Maestro Technican
Largest movements
- Cash +€20,572
up €20,572 (+11358.8%), from €181 to €20,753
mainly Net result for the year (+€26,139) and Tax, wage and social debts (+€8,667)
- Receivables within one year +€6,235
up €6,235 (+8.7%), from €71,691 to €77,926
of which Other amounts receivable: +€19,255
- Deferred charges and accrued income +€3,831
up €3,831 (+247.8%), from €1,546 to €5,377
- Tangible fixed assets -€3,516
down €3,516 (-27.3%), from €12,892 to €9,376
- Reserves +€26,139
up €26,139 (+48.3%), from €54,068 to €80,207
- Trade debts -€17,773
down €17,773 (-99.0%), from €17,953 to €180
- Tax, wage and social debts +€8,667
up €8,667 (+93.5%), from €9,274 to €17,941
of which Taxes: +€4,794
- Debts after one year +€7,039
new in 2025: €7,039
- Current portion of long-term debt +€3,065
new in 2025: €3,065
- Gross operating margin +€21,630
up €21,630 (+84.5%), from €25,610 to €47,239
- Staff costs +€7,196
new in 2025: €7,196
- Depreciation +€4,526
up €4,526 (+924.2%), from €490 to €5,016
- Taxes +€3,739
up €3,739 (+58.0%), from €6,442 to €10,180
- Financial income +€2,187
up €2,187 (+180.2%), from €1,214 to €3,401
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,311 | €113,433 | +€27,122 | +31.4% |
| Fixed assets | 21/28 | €12,892 | €9,376 | -€3,516 | -27.3% |
| Tangible fixed assets | 22/27 | €12,892 | €9,376 | -€3,516 | -27.3% |
| Furniture and vehicles | 24 | €12,892 | €9,376 | -€3,516 | -27.3% |
| Current assets | 29/58 | €73,418 | €104,057 | +€30,638 | +41.7% |
| Amounts receivable within one year | 40/41 | €71,691 | €77,926 | +€6,235 | +8.7% |
| Trade receivables | 40 | €26,899 | €13,880 | -€13,019 | -48.4% |
| Other amounts receivable | 41 | €44,792 | €64,047 | +€19,255 | +43.0% |
| Cash at bank and in hand | 54/58 | €181 | €20,753 | +€20,572 | +11358.8% |
| Deferred charges and accrued income | 490/1 | €1,546 | €5,377 | +€3,831 | +247.8% |
| Total equity and liabilities | 10/49 | €86,311 | €113,433 | +€27,122 | +31.4% |
| Equity | 10/15 | €59,068 | €85,207 | +€26,139 | +44.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €54,068 | €80,207 | +€26,139 | +48.3% |
| Distributable reserves | 133 | €54,068 | €80,207 | +€26,139 | +48.3% |
| Amounts payable | 17/49 | €27,243 | €28,226 | +€983 | +3.6% |
| Amounts payable after more than one year | 17 | - | €7,039 | +€7,039 | |
| Financial debts | 170/4 | - | €7,039 | +€7,039 | |
| Amounts payable within one year | 42/48 | €27,227 | €21,187 | -€6,041 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | - | €3,065 | +€3,065 | |
| Trade debts | 44 | €17,953 | €180 | -€17,773 | -99.0% |
| Suppliers | 440/4 | €17,953 | €180 | -€17,773 | -99.0% |
| Taxes, remuneration and social security | 45 | €9,274 | €17,941 | +€8,667 | +93.5% |
| Taxes | 450/3 | €9,274 | €14,068 | +€4,794 | +51.7% |
| Remuneration and social security | 454/9 | - | €3,873 | +€3,873 | |
| Accrued charges and deferred income | 492/3 | €15 | - | -€15 | |
| Remuneration, social security and pensions | 62 | - | €7,196 | +€7,196 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €490 | €5,016 | +€4,526 | +924.2% |
| Other operating charges | 640/8 | €1,378 | €1,200 | -€178 | -12.9% |
| Non-recurring operating charges | 66A | €2,463 | - | -€2,463 | |
| Gross operating margin | 9900 | €25,610 | €47,239 | +€21,630 | +84.5% |
| Operating profit (loss) | 9901 | €21,279 | €33,828 | +€12,548 | +59.0% |
| Financial income | 75/76B | €1,214 | €3,401 | +€2,187 | +180.2% |
| Recurring financial income | 75 | €1,214 | €3,401 | +€2,187 | +180.2% |
| Financial charges | 65/66B | €221 | €910 | +€689 | +312.2% |
| Recurring financial charges | 65 | €221 | €910 | +€689 | +312.2% |
| Profit (loss) for the period before taxes | 9903 | €22,273 | €36,319 | +€14,047 | +63.1% |
| Income taxes | 67/77 | €6,442 | €10,180 | +€3,739 | +58.0% |
| Profit (loss) for the period | 9904 | €15,831 | €26,139 | +€10,308 | +65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,831 | €26,139 | +€10,308 | +65.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.