MAQBOOL BROTHERS: 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.
MAQBOOL BROTHERS
Largest movements
- Stocks and contracts +€11,557
up €11,557 (+31.5%), from €36,710 to €48,267
- Tangible fixed assets -€1,246
down €1,246 (-49.2%), from €2,534 to €1,287
- Cash -€732
down €732 (-97.0%), from €754 to €22
mainly Stocks and contracts (-€11,557) and Trade debts (-€4,039)
- Other debts +€7,940
new in 2025: €7,940
- Profit (loss) carried forward +€4,441
up €4,441 (+9.2%), from -€48,447 to -€44,006
- Trade debts -€4,039
down €4,039 (-40.2%), from €10,052 to €6,013
- Tax, wage and social debts +€751
up €751 (+4.1%), from €18,517 to €19,268
- Debts after one year +€566
up €566 (+1.4%), from €39,079 to €39,645
- Gross operating margin +€6,713
up €6,713 (+280%), from €2,399 to €9,113
- Staff costs +€3,216
new in 2025: €3,216
- Other operating charges -€366
down €366 (-34.3%), from €1,067 to €701
- Financial charges +€157
up €157 (+12.0%), from €1,304 to €1,461
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 | €43,224 | €52,895 | +€9,671 | +22.4% |
| Fixed assets | 21/28 | €5,434 | €4,187 | -€1,246 | -22.9% |
| Tangible fixed assets | 22/27 | €2,534 | €1,287 | -€1,246 | -49.2% |
| Furniture and vehicles | 24 | €2,534 | €1,287 | -€1,246 | -49.2% |
| Financial fixed assets | 28 | €2,900 | €2,900 | = | 0.0% |
| Current assets | 29/58 | €37,791 | €48,708 | +€10,917 | +28.9% |
| Stocks and contracts in progress | 3 | €36,710 | €48,267 | +€11,557 | +31.5% |
| Stocks | 30/36 | €36,710 | €48,267 | +€11,557 | +31.5% |
| Cash at bank and in hand | 54/58 | €754 | €22 | -€732 | -97.0% |
| Deferred charges and accrued income | 490/1 | €326 | €418 | +€92 | +28.3% |
| Total equity and liabilities | 10/49 | €43,224 | €52,895 | +€9,671 | +22.4% |
| Equity | 10/15 | -€29,847 | -€25,406 | +€4,441 | +14.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,447 | -€44,006 | +€4,441 | +9.2% |
| Amounts payable | 17/49 | €73,071 | €78,301 | +€5,230 | +7.2% |
| Amounts payable after more than one year | 17 | €39,079 | €39,645 | +€566 | +1.4% |
| Other amounts payable | 178/9 | €39,079 | €39,645 | +€566 | +1.4% |
| Amounts payable within one year | 42/48 | €33,993 | €38,656 | +€4,664 | +13.7% |
| Financial debts | 43 | €5,424 | €5,436 | +€12 | +0.2% |
| Credit institutions | 430/8 | €5,424 | €5,436 | +€12 | +0.2% |
| Trade debts | 44 | €10,052 | €6,013 | -€4,039 | -40.2% |
| Suppliers | 440/4 | €10,052 | €6,013 | -€4,039 | -40.2% |
| Taxes, remuneration and social security | 45 | €18,517 | €19,268 | +€751 | +4.1% |
| Taxes | 450/3 | €18,517 | €19,268 | +€751 | +4.1% |
| Other amounts payable | 47/48 | - | €7,940 | +€7,940 | |
| Remuneration, social security and pensions | 62 | - | €3,216 | +€3,216 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,246 | €1,246 | = | 0.0% |
| Other operating charges | 640/8 | €1,067 | €701 | -€366 | -34.3% |
| Gross operating margin | 9900 | €2,399 | €9,113 | +€6,713 | +280% |
| Operating profit (loss) | 9901 | €86 | €3,950 | +€3,864 | +4,494% |
| Financial charges | 65/66B | €1,304 | €1,461 | +€157 | +12.0% |
| Recurring financial charges | 65 | €1,304 | €1,461 | +€157 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,218 | €2,489 | +€3,707 | |
| Income taxes | 67/77 | €132 | €108 | -€24 | -18.2% |
| Profit (loss) for the period | 9904 | -€1,350 | €2,381 | +€3,731 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,350 | €2,381 | +€3,731 |
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 16 October 2026 via checked.be.