SRL MAES NICOLAS: 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.
SRL MAES NICOLAS
Largest movements
- Cash -€14,069
down €14,069 (-42.4%), from €33,194 to €19,125
mainly Net result for the year (-€7,839) and Investment in fixed assets (net) (-€5,000)
- Tangible fixed assets +€4,875
new in 2025: €4,875
- Receivables within one year +€2,353
up €2,353 (+44.2%), from €5,320 to €7,672
- Profit (loss) carried forward -€7,839
down €7,839 (-59.6%), from €13,155 to €5,316
- Trade debts +€2,549
up €2,549 (+51.4%), from €4,960 to €7,509
- Tax, wage and social debts -€1,437
down €1,437 (-48.4%), from €2,966 to €1,529
- Gross operating margin -€13,356
down €13,356, from €6,159 to -€7,197
- Taxes -€1,136
no longer reported in 2025 (was €1,136)
- Financial charges -€432
down €432 (-69.5%), from €621 to €190
- Depreciation +€125
new in 2025: €125
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 | €51,503 | €44,777 | -€6,726 | -13.1% |
| Fixed assets | 21/28 | - | €4,875 | +€4,875 | |
| Tangible fixed assets | 22/27 | - | €4,875 | +€4,875 | |
| Other tangible fixed assets | 26 | - | €4,875 | +€4,875 | |
| Current assets | 29/58 | €51,503 | €39,902 | -€11,601 | -22.5% |
| Stocks and contracts in progress | 3 | €12,990 | €13,105 | +€115 | +0.9% |
| Stocks | 30/36 | €12,990 | €13,105 | +€115 | +0.9% |
| Amounts receivable within one year | 40/41 | €5,320 | €7,672 | +€2,353 | +44.2% |
| Trade receivables | 40 | €5,320 | €7,672 | +€2,353 | +44.2% |
| Cash at bank and in hand | 54/58 | €33,194 | €19,125 | -€14,069 | -42.4% |
| Total equity and liabilities | 10/49 | €51,503 | €44,777 | -€6,726 | -13.1% |
| Equity | 10/15 | €43,155 | €35,316 | -€7,839 | -18.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,155 | €5,316 | -€7,839 | -59.6% |
| Amounts payable | 17/49 | €8,348 | €9,461 | +€1,112 | +13.3% |
| Amounts payable within one year | 42/48 | €8,348 | €9,461 | +€1,112 | +13.3% |
| Trade debts | 44 | €4,960 | €7,509 | +€2,549 | +51.4% |
| Suppliers | 440/4 | €4,960 | €7,509 | +€2,549 | +51.4% |
| Taxes, remuneration and social security | 45 | €2,966 | €1,529 | -€1,437 | -48.4% |
| Taxes | 450/3 | €2,966 | €1,529 | -€1,437 | -48.4% |
| Other amounts payable | 47/48 | €422 | €422 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €125 | +€125 | |
| Other operating charges | 640/8 | €329 | €329 | = | 0.0% |
| Gross operating margin | 9900 | €6,159 | -€7,197 | -€13,356 | |
| Operating profit (loss) | 9901 | €5,831 | -€7,650 | -€13,481 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +3,333% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +3,333% |
| Financial charges | 65/66B | €621 | €190 | -€432 | -69.5% |
| Recurring financial charges | 65 | €621 | €190 | -€432 | -69.5% |
| Profit (loss) for the period before taxes | 9903 | €5,209 | -€7,839 | -€13,048 | |
| Income taxes | 67/77 | €1,136 | - | -€1,136 | |
| Profit (loss) for the period | 9904 | €4,074 | -€7,839 | -€11,913 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,074 | -€7,839 | -€11,913 |
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 31 October 2026 via checked.be.