MaeyerHove: 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.
MaeyerHove
Largest movements
- Cash +€8,918
up €8,918 (+29.1%), from €30,671 to €39,589
mainly Other debts (+€48,625) and Net result for the year (+€41,673)
- Tangible fixed assets -€4,437
down €4,437 (-40.7%), from €10,912 to €6,476
of which Furniture and vehicles: -€3,944
- Receivables within one year -€764
down €764 (-3.9%), from €19,708 to €18,944
of which Other amounts receivable: -€2,333
- Other debts +€48,625
up €48,625, from €0 to €48,625
- Profit (loss) carried forward -€45,827
down €45,827 (-98.9%), from €46,317 to €490
- Tax, wage and social debts +€1,412
up €1,412 (+12.3%), from €11,482 to €12,894
- Gross operating margin +€5,389
up €5,389 (+9.8%), from €54,938 to €60,327
- Taxes +€1,410
up €1,410 (+12.7%), from €11,107 to €12,518
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 | €61,291 | €65,009 | +€3,717 | +6.1% |
| Fixed assets | 21/28 | €10,912 | €6,476 | -€4,437 | -40.7% |
| Tangible fixed assets | 22/27 | €10,912 | €6,476 | -€4,437 | -40.7% |
| Plant, machinery and equipment | 23 | €1,188 | €695 | -€493 | -41.5% |
| Furniture and vehicles | 24 | €9,724 | €5,781 | -€3,944 | -40.6% |
| Current assets | 29/58 | €50,379 | €58,533 | +€8,154 | +16.2% |
| Amounts receivable within one year | 40/41 | €19,708 | €18,944 | -€764 | -3.9% |
| Trade receivables | 40 | €15,371 | €16,940 | +€1,569 | +10.2% |
| Other amounts receivable | 41 | €4,337 | €2,004 | -€2,333 | -53.8% |
| Cash at bank and in hand | 54/58 | €30,671 | €39,589 | +€8,918 | +29.1% |
| Total equity and liabilities | 10/49 | €61,291 | €65,009 | +€3,717 | +6.1% |
| Equity | 10/15 | €49,317 | €3,490 | -€45,827 | -92.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,317 | €490 | -€45,827 | -98.9% |
| Amounts payable | 17/49 | €11,975 | €61,519 | +€49,544 | +414% |
| Amounts payable within one year | 42/48 | €11,955 | €61,519 | +€49,564 | +415% |
| Trade debts | 44 | €473 | €0 | -€473 | -100% |
| Suppliers | 440/4 | €473 | €0 | -€473 | -100% |
| Taxes, remuneration and social security | 45 | €11,482 | €12,894 | +€1,412 | +12.3% |
| Taxes | 450/3 | €11,482 | €12,894 | +€1,412 | +12.3% |
| Other amounts payable | 47/48 | €0 | €48,625 | +€48,625 | |
| Accrued charges and deferred income | 492/3 | €20 | - | -€20 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,437 | €4,437 | = | 0.0% |
| Other operating charges | 640/8 | €934 | €820 | -€114 | -12.2% |
| Gross operating margin | 9900 | €54,938 | €60,327 | +€5,389 | +9.8% |
| Operating profit (loss) | 9901 | €49,568 | €55,071 | +€5,503 | +11.1% |
| Financial income | 75/76B | €520 | €0 | -€520 | -99.9% |
| Recurring financial income | 75 | €520 | €0 | -€520 | -99.9% |
| Financial charges | 65/66B | €1,027 | €881 | -€146 | -14.2% |
| Recurring financial charges | 65 | €1,027 | €881 | -€146 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €49,061 | €54,191 | +€5,130 | +10.5% |
| Income taxes | 67/77 | €11,107 | €12,518 | +€1,410 | +12.7% |
| Profit (loss) for the period | 9904 | €37,954 | €41,673 | +€3,719 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,954 | €41,673 | +€3,719 | +9.8% |
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 1 November 2026 via checked.be.