MAHIEU INDUSTRIE: what changed
What changed
MAHIEU INDUSTRIE
NACE 81.300, Landscape service activities
filed annual accounts (NBB)
Net result for the year
€91,051
2024 · €97,331-€6,280
Equity
€492,972
2024 · €401,921+€91,051
Cash
€132,941
2024 · €131,506+€1,435
Balance sheet total
€540,852
2024 · €569,214-€28,362
Largest movements
Assets
- Receivables within one year -€32,142
down €32,142 (-17.3%), from €185,266 to €153,125
of which Trade receivables: -€35,567
Equity and liabilities
- Other debts -€103,796
down €103,796 (-71.2%), from €145,814 to €42,018
- Profit (loss) carried forward +€91,051
up €91,051 (+26.2%), from €346,921 to €437,972
- Tax, wage and social debts -€8,396
down €8,396 (-65.4%), from €12,834 to €4,438
- Trade debts -€7,222
down €7,222 (-83.5%), from €8,645 to €1,423
Income statement
- Gross operating margin -€18,745
down €18,745 (-34.0%), from €55,167 to €36,422
- Taxes -€14,697
down €14,697 (-85.2%), from €17,246 to €2,550
- Financial charges +€4,745
up €4,745 (+2,870%), from €165 to €4,910
of which Non-recurring financial charges: +€4,765
- Other operating charges -€4,175
down €4,175 (-93.2%), from €4,480 to €305
- Staff costs +€1,547
new in 2025: €1,547
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€97,331
Gross operating margin
-€18,745
Staff costs
-€1,547
Depreciation
+€199
Other operating charges
+€4,175
Financial income
-€315
Financial charges
-€4,745
Taxes
+€14,697
Result 2025
€91,051
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1,435
Investment
€0
Financing
€0
Cash 2024
€131,506
From operations (derived)
+€1,435
Net result for the year
+€91,051
Depreciation
+€599
Stocks and contracts
-€2,750
Receivables within one year
+€32,142
Deferred charges and accrued income
-€193
Trade debts
-€7,222
Tax, wage and social debts
-€8,396
Other debts
-€103,796
Cash 2025
€132,941
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €569,214 | €540,852 | -€28,362 | -5.0% |
| Fixed assets | 21/28 | €245,691 | €245,092 | -€599 | -0.2% |
| Tangible fixed assets | 22/27 | €753 | €154 | -€599 | -79.5% |
| Plant, machinery and equipment | 23 | €753 | €154 | -€599 | -79.5% |
| Financial fixed assets | 28 | €244,938 | €244,938 | = | 0.0% |
| Current assets | 29/58 | €323,523 | €295,759 | -€27,763 | -8.6% |
| Stocks and contracts in progress | 3 | €6,750 | €9,500 | +€2,750 | +40.7% |
| Stocks | 30/36 | €6,750 | €9,500 | +€2,750 | +40.7% |
| Amounts receivable within one year | 40/41 | €185,266 | €153,125 | -€32,142 | -17.3% |
| Trade receivables | 40 | €101,899 | €66,332 | -€35,567 | -34.9% |
| Other amounts receivable | 41 | €83,368 | €86,793 | +€3,425 | +4.1% |
| Cash at bank and in hand | 54/58 | €131,506 | €132,941 | +€1,435 | +1.1% |
| Deferred charges and accrued income | 490/1 | - | €193 | +€193 | |
| Total equity and liabilities | 10/49 | €569,214 | €540,852 | -€28,362 | -5.0% |
| Equity | 10/15 | €401,921 | €492,972 | +€91,051 | +22.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €346,921 | €437,972 | +€91,051 | +26.2% |
| Amounts payable | 17/49 | €167,293 | €47,880 | -€119,413 | -71.4% |
| Amounts payable within one year | 42/48 | €167,293 | €47,880 | -€119,413 | -71.4% |
| Trade debts | 44 | €8,645 | €1,423 | -€7,222 | -83.5% |
| Suppliers | 440/4 | €8,645 | €1,423 | -€7,222 | -83.5% |
| Taxes, remuneration and social security | 45 | €12,834 | €4,438 | -€8,396 | -65.4% |
| Taxes | 450/3 | €12,834 | €4,438 | -€8,396 | -65.4% |
| Other amounts payable | 47/48 | €145,814 | €42,018 | -€103,796 | -71.2% |
| Non-recurring operating income | 76A | €45,000 | €10,855 | -€34,145 | -75.9% |
| Remuneration, social security and pensions | 62 | - | €1,547 | +€1,547 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €798 | €599 | -€199 | -24.9% |
| Other operating charges | 640/8 | €4,480 | €305 | -€4,175 | -93.2% |
| Gross operating margin | 9900 | €55,167 | €36,422 | -€18,745 | -34.0% |
| Operating profit (loss) | 9901 | €49,888 | €33,971 | -€15,917 | -31.9% |
| Financial income | 75/76B | €64,855 | €64,540 | -€315 | -0.5% |
| Recurring financial income | 75 | €64,855 | €64,540 | -€315 | -0.5% |
| Financial charges | 65/66B | €165 | €4,910 | +€4,745 | +2,870% |
| Recurring financial charges | 65 | €165 | €145 | -€20 | -12.1% |
| Non-recurring financial charges | 66B | - | €4,765 | +€4,765 | |
| Profit (loss) for the period before taxes | 9903 | €114,578 | €93,601 | -€20,977 | -18.3% |
| Income taxes | 67/77 | €17,246 | €2,550 | -€14,697 | -85.2% |
| Profit (loss) for the period | 9904 | €97,331 | €91,051 | -€6,280 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €97,331 | €91,051 | -€6,280 | -6.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.