MAILLEN CONSTRUCTIONS: what changed
Two fiscal 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.
MAILLEN CONSTRUCTIONS
Largest movements
- Cash -€57,444
down €57,444 (-60.1%), from €95,517 to €38,073
mainly Net result for the year (-€41,193) and Receivables within one year (-€24,005)
- Receivables within one year +€24,005
up €24,005 (+45.6%), from €52,687 to €76,692
of which Trade receivables: +€30,593
- Stocks and contracts +€18,450
up €18,450 (+8.5%), from €217,894 to €236,344
- Tangible fixed assets -€13,945
down €13,945 (-42.9%), from €32,481 to €18,536
of which Furniture and vehicles: -€13,897
- Profit (loss) carried forward -€41,193
down €41,193 (-39.9%), from -€103,171 to -€144,364
- Short-term financial debts +€24,600
up €24,600 (+12.6%), from €194,997 to €219,597
- Trade debts -€9,688
down €9,688 (-30.2%), from €32,083 to €22,395
- Current portion of long-term debt -€8,055
no longer reported in 2024 (was €8,055)
- Accrued charges and deferred income +€4,645
new in 2024: €4,645
- Gross operating margin +€39,755
up €39,755 (+79.0%), from -€50,308 to -€10,553
- Other operating charges -€18,412
down €18,412 (-87.1%), from €21,149 to €2,737
- Write-downs +€8,388
no longer reported in 2024 (was -€8,388)
- Financial charges +€3,277
up €3,277 (+32.5%), from €10,097 to €13,373
- Depreciation -€771
down €771 (-4.9%), from €15,573 to €14,803
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.
Cash bridge derived
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 | €405,250 | €376,006 | -€29,243 | -7.2% |
| Fixed assets | 21/28 | €35,814 | €21,011 | -€14,803 | -41.3% |
| Intangible fixed assets | 21 | €3,333 | €2,475 | -€857 | -25.7% |
| Tangible fixed assets | 22/27 | €32,481 | €18,536 | -€13,945 | -42.9% |
| Furniture and vehicles | 24 | €32,433 | €18,536 | -€13,897 | -42.8% |
| Other tangible fixed assets | 26 | €48 | - | -€48 | |
| Current assets | 29/58 | €369,436 | €354,995 | -€14,441 | -3.9% |
| Stocks and contracts in progress | 3 | €217,894 | €236,344 | +€18,450 | +8.5% |
| Stocks | 30/36 | €217,894 | €236,344 | +€18,450 | +8.5% |
| Amounts receivable within one year | 40/41 | €52,687 | €76,692 | +€24,005 | +45.6% |
| Trade receivables | 40 | €14,196 | €44,789 | +€30,593 | +215.5% |
| Other amounts receivable | 41 | €38,491 | €31,903 | -€6,588 | -17.1% |
| Cash at bank and in hand | 54/58 | €95,517 | €38,073 | -€57,444 | -60.1% |
| Deferred charges and accrued income | 490/1 | €3,338 | €3,886 | +€548 | +16.4% |
| Total equity and liabilities | 10/49 | €405,250 | €376,006 | -€29,243 | -7.2% |
| Equity | 10/15 | €128,289 | €87,096 | -€41,193 | -32.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €212,860 | €212,860 | = | 0.0% |
| Distributable reserves | 133 | €212,860 | €212,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,171 | -€144,364 | -€41,193 | -39.9% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Environmental obligations | 163 | - | €10,000 | +€10,000 | |
| Other liabilities and charges | 164/5 | €10,000 | - | -€10,000 | |
| Amounts payable | 17/49 | €266,961 | €278,910 | +€11,949 | +4.5% |
| Amounts payable after more than one year | 17 | €10,873 | €10,873 | = | 0.0% |
| Financial debts | 170/4 | €10,873 | €10,873 | = | 0.0% |
| Amounts payable within one year | 42/48 | €256,088 | €263,393 | +€7,304 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €8,055 | - | -€8,055 | |
| Financial debts | 43 | €194,997 | €219,597 | +€24,600 | +12.6% |
| Credit institutions | 430/8 | €194,997 | €219,597 | +€24,600 | +12.6% |
| Trade debts | 44 | €32,083 | €22,395 | -€9,688 | -30.2% |
| Suppliers | 440/4 | €32,083 | €22,395 | -€9,688 | -30.2% |
| Taxes, remuneration and social security | 45 | €12,399 | €11,543 | -€856 | -6.9% |
| Taxes | 450/3 | €12,399 | €11,543 | -€856 | -6.9% |
| Other amounts payable | 47/48 | €8,554 | €9,858 | +€1,304 | +15.2% |
| Accrued charges and deferred income | 492/3 | - | €4,645 | +€4,645 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,573 | €14,803 | -€771 | -4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,388 | - | +€8,388 | |
| Other operating charges | 640/8 | €21,149 | €2,737 | -€18,412 | -87.1% |
| Gross operating margin | 9900 | -€50,308 | -€10,553 | +€39,755 | +79.0% |
| Operating profit (loss) | 9901 | -€78,643 | -€28,092 | +€50,551 | +64.3% |
| Financial income | 75/76B | €153 | €80 | -€73 | -47.9% |
| Recurring financial income | 75 | €153 | €80 | -€73 | -47.9% |
| Financial charges | 65/66B | €10,097 | €13,373 | +€3,277 | +32.5% |
| Recurring financial charges | 65 | €10,097 | €13,373 | +€3,277 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | -€88,586 | -€41,386 | +€47,201 | +53.3% |
| Income taxes | 67/77 | €204 | -€193 | -€397 | |
| Profit (loss) for the period | 9904 | -€88,791 | -€41,193 | +€47,598 | +53.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€88,791 | -€41,193 | +€47,598 | +53.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.