MAQUINAY SOLUTIONS: what changed
What changed
MAQUINAY SOLUTIONS
NACE 46.831, Wholesale of construction materials, general range
filed annual accounts (NBB)
Net result for the year
-€127,000
2024 · €224,502-€351,502
Equity
€1.2m
2024 · €1.3m-€132,853
Cash
€54,139
2024 · €47,098+€7,041
Balance sheet total
€4.7m
2024 · €4.5m+€272,800
Largest movements
Assets
- Tangible fixed assets +€375,399
up €375,399 (+17.1%), from €2.2m to €2.6m
of which Land and buildings: +€557,926
- Receivables within one year -€117,409
down €117,409 (-9.5%), from €1.2m to €1.1m
of which Trade receivables: -€189,805
Equity and liabilities
- Trade debts +€369,990
up €369,990 (+147%), from €251,274 to €621,264
- Debts after one year +€232,566
up €232,566 (+12.9%), from €1.8m to €2.0m
- Short-term financial debts -€133,871
down €133,871 (-25.1%), from €533,878 to €400,008
- Profit (loss) carried forward -€120,757
down €120,757, from €938 to -€119,819
- Other debts -€92,900
down €92,900 (-66.7%), from €139,364 to €46,464
Income statement
- Financial income -€427,324
down €427,324 (-95.3%), from €448,368 to €21,043
of which Non-recurring financial income: -€430,914
- Taxes -€80,535
down €80,535 (-96.9%), from €83,139 to €2,604
- Depreciation +€65,264
up €65,264 (+70.7%), from €92,346 to €157,610
- Staff costs -€54,784
down €54,784 (-7.8%), from €704,284 to €649,500
- Gross operating margin +€42,127
up €42,127 (+5.5%), from €760,455 to €802,582
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
€224,502
Gross operating margin
+€42,127
Staff costs
+€54,784
Depreciation
-€65,264
Other operating charges
-€23,491
Other operating items
+€959
Financial income
-€427,324
Financial charges
-€13,827
Taxes
+€80,535
Result 2025
-€127,000
raises the resultlowers the resultnot broken down further in the accounts
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
+€406,169
Investment
-€532,749
Financing
+€133,621
Cash 2024
€47,098
From operations (derived)
+€406,169
Net result for the year
-€127,000
Depreciation
+€157,610
Stocks and contracts
+€10,669
Receivables within one year
+€117,409
Deferred charges and accrued income
-€18,700
Trade debts
+€369,990
Tax, wage and social debts
-€7,852
Other debts
-€92,900
Accrued charges and deferred income
-€3,058
Investment (derived)
-€532,749
Investment in fixed assets (net)
-€532,749
Financing
+€133,621
Debts after one year
+€232,566
Current portion of long-term debt
+€40,778
Short-term financial debts
-€133,871
Contributions, distributions and other
-€5,853
Cash 2025
€54,139
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,460,062 | €4,732,862 | +€272,800 | +6.1% |
| Fixed assets | 21/28 | €2,198,882 | €2,574,020 | +€375,139 | +17.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €2,198,622 | €2,574,020 | +€375,399 | +17.1% |
| Land and buildings | 22 | €1,468,686 | €2,026,611 | +€557,926 | +38.0% |
| Plant, machinery and equipment | 23 | €372,899 | €396,535 | +€23,636 | +6.3% |
| Furniture and vehicles | 24 | €98,530 | €102,743 | +€4,213 | +4.3% |
| Leasing and similar rights | 25 | €81,253 | €48,131 | -€33,122 | -40.8% |
| Other tangible fixed assets | 26 | €15,763 | €0 | -€15,763 | -100% |
| Assets under construction and advance payments | 27 | €161,491 | €0 | -€161,491 | -100% |
| Financial fixed assets | 28 | €260 | €0 | -€260 | -100% |
| Current assets | 29/58 | €2,261,180 | €2,158,842 | -€102,338 | -4.5% |
| Stocks and contracts in progress | 3 | €961,778 | €951,109 | -€10,669 | -1.1% |
| Stocks | 30/36 | €961,778 | €951,109 | -€10,669 | -1.1% |
| Amounts receivable within one year | 40/41 | €1,241,071 | €1,123,662 | -€117,409 | -9.5% |
| Trade receivables | 40 | €1,149,210 | €959,406 | -€189,805 | -16.5% |
| Other amounts receivable | 41 | €91,861 | €164,256 | +€72,396 | +78.8% |
| Cash at bank and in hand | 54/58 | €47,098 | €54,139 | +€7,041 | +14.9% |
| Deferred charges and accrued income | 490/1 | €11,233 | €29,932 | +€18,700 | +166% |
| Total equity and liabilities | 10/49 | €4,460,062 | €4,732,862 | +€272,800 | +6.1% |
| Equity | 10/15 | €1,305,534 | €1,172,681 | -€132,853 | -10.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,267,500 | €1,267,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €0 | -€2,500 | -100% |
| Reserves not available under the articles | 1311 | €2,500 | €0 | -€2,500 | -100% |
| Distributable reserves | 133 | €1,265,000 | €1,267,500 | +€2,500 | +0.2% |
| Profit (loss) carried forward | 14 | €938 | -€119,819 | -€120,757 | |
| Investment grants | 15 | €12,096 | €0 | -€12,096 | -100% |
| Amounts payable | 17/49 | €3,154,528 | €3,560,181 | +€405,653 | +12.9% |
| Amounts payable after more than one year | 17 | €1,800,843 | €2,033,409 | +€232,566 | +12.9% |
| Financial debts | 170/4 | €1,800,843 | €2,033,409 | +€232,566 | +12.9% |
| Amounts payable within one year | 42/48 | €1,346,852 | €1,522,997 | +€176,145 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €240,801 | €281,579 | +€40,778 | +16.9% |
| Financial debts | 43 | €533,878 | €400,008 | -€133,871 | -25.1% |
| Credit institutions | 430/8 | €533,878 | €400,008 | -€133,871 | -25.1% |
| Trade debts | 44 | €251,274 | €621,264 | +€369,990 | +147% |
| Suppliers | 440/4 | €251,274 | €621,264 | +€369,990 | +147% |
| Taxes, remuneration and social security | 45 | €181,534 | €173,682 | -€7,852 | -4.3% |
| Taxes | 450/3 | €74,810 | €74,641 | -€169 | -0.2% |
| Remuneration and social security | 454/9 | €106,725 | €99,041 | -€7,683 | -7.2% |
| Other amounts payable | 47/48 | €139,364 | €46,464 | -€92,900 | -66.7% |
| Accrued charges and deferred income | 492/3 | €6,833 | €3,776 | -€3,058 | -44.7% |
| Non-recurring operating income | 76A | €4,443 | €0 | -€4,443 | -100% |
| Remuneration, social security and pensions | 62 | €704,284 | €649,500 | -€54,784 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,346 | €157,610 | +€65,264 | +70.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €18,177 | €41,668 | +€23,491 | +129% |
| Non-recurring operating charges | 66A | €959 | €0 | -€959 | -100% |
| Gross operating margin | 9900 | €760,455 | €802,582 | +€42,127 | +5.5% |
| Operating profit (loss) | 9901 | -€55,311 | -€46,197 | +€9,114 | +16.5% |
| Financial income | 75/76B | €448,368 | €21,043 | -€427,324 | -95.3% |
| Recurring financial income | 75 | €14,695 | €18,284 | +€3,590 | +24.4% |
| Non-recurring financial income | 76B | €433,673 | €2,759 | -€430,914 | -99.4% |
| Financial charges | 65/66B | €85,416 | €99,243 | +€13,827 | +16.2% |
| Recurring financial charges | 65 | €85,416 | €99,243 | +€13,827 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €307,641 | -€124,396 | -€432,037 | |
| Income taxes | 67/77 | €83,139 | €2,604 | -€80,535 | -96.9% |
| Profit (loss) for the period | 9904 | €224,502 | -€127,000 | -€351,502 | |
| Profit (loss) for the period to be appropriated | 9905 | €224,502 | -€127,000 | -€351,502 |
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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 3 November 2026 via checked.be.