Chris Maene Collection: 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.
What changed
Chris Maene Collection
NACE 47.690, Retail sale of other cultural and recreation goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,815
2024 · €5,870+€945
Equity
€126,037
2024 · €119,222+€6,815
Cash
€24,064
2024 · €18,521+€5,543
Balance sheet total
€2.9m
2024 · €3.0m-€44,953
Largest movements
Assets
- Tangible fixed assets -€56,081
down €56,081 (-3.8%), from €1.5m to €1.4m
of which Land and buildings: -€55,589
Equity and liabilities
- Debts after one year -€54,649
down €54,649 (-2.1%), from €2.6m to €2.6m
of which Financial debts: -€79,649
Income statement
- Gross operating margin +€2,037
up €2,037 (+1.3%), from €160,780 to €162,817
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.
Result 2024
€5,870
Gross operating margin
+€2,037
Depreciation
+€0
Other operating charges
-€285
Financial charges
-€492
Taxes
-€315
Result 2025
€6,815
raises the resultlowers the result
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.
From operations
+€59,039
Investment
€0
Financing
-€53,496
Cash 2024
€18,521
From operations (derived)
+€59,039
Net result for the year
+€6,815
Depreciation
+€58,625
Stocks and contracts
-€15,680
Receivables within one year
+€7,408
Deferred charges and accrued income
+€143
Trade debts
-€3,944
Tax, wage and social debts
+€2,919
Other debts
-€350
Accrued charges and deferred income
+€3,103
Financing
-€53,496
Debts after one year
-€54,649
Current portion of long-term debt
+€1,153
Cash 2025
€24,064
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,954,453 | €2,909,500 | -€44,953 | -1.5% |
| Fixed assets | 21/28 | €1,479,005 | €1,420,380 | -€58,625 | -4.0% |
| Intangible fixed assets | 21 | €4,323 | €1,779 | -€2,544 | -58.8% |
| Tangible fixed assets | 22/27 | €1,474,682 | €1,418,601 | -€56,081 | -3.8% |
| Land and buildings | 22 | €1,472,846 | €1,417,257 | -€55,589 | -3.8% |
| Plant, machinery and equipment | 23 | €1,836 | €1,345 | -€492 | -26.8% |
| Current assets | 29/58 | €1,475,448 | €1,489,120 | +€13,672 | +0.9% |
| Stocks and contracts in progress | 3 | €1,430,828 | €1,446,508 | +€15,680 | +1.1% |
| Stocks | 30/36 | €1,430,828 | €1,446,508 | +€15,680 | +1.1% |
| Amounts receivable within one year | 40/41 | €25,191 | €17,782 | -€7,408 | -29.4% |
| Trade receivables | 40 | €387 | €11,011 | +€10,624 | +2,745% |
| Other amounts receivable | 41 | €24,804 | €6,772 | -€18,032 | -72.7% |
| Cash at bank and in hand | 54/58 | €18,521 | €24,064 | +€5,543 | +29.9% |
| Deferred charges and accrued income | 490/1 | €907 | €765 | -€143 | -15.7% |
| Total equity and liabilities | 10/49 | €2,954,453 | €2,909,500 | -€44,953 | -1.5% |
| Equity | 10/15 | €119,222 | €126,037 | +€6,815 | +5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,622 | €107,437 | +€6,815 | +6.8% |
| Distributable reserves | 133 | €100,622 | €107,437 | +€6,815 | +6.8% |
| Amounts payable | 17/49 | €2,835,231 | €2,783,463 | -€51,768 | -1.8% |
| Amounts payable after more than one year | 17 | €2,645,998 | €2,591,349 | -€54,649 | -2.1% |
| Financial debts | 170/4 | €721,898 | €642,249 | -€79,649 | -11.0% |
| Other amounts payable | 178/9 | €1,924,100 | €1,949,100 | +€25,000 | +1.3% |
| Amounts payable within one year | 42/48 | €114,157 | €113,935 | -€222 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €78,496 | €79,649 | +€1,153 | +1.5% |
| Trade debts | 44 | €4,995 | €1,051 | -€3,944 | -79.0% |
| Suppliers | 440/4 | €4,995 | €1,051 | -€3,944 | -79.0% |
| Taxes, remuneration and social security | 45 | €295 | €3,214 | +€2,919 | +989% |
| Taxes | 450/3 | €295 | €3,214 | +€2,919 | +989% |
| Other amounts payable | 47/48 | €30,371 | €30,021 | -€350 | -1.2% |
| Accrued charges and deferred income | 492/3 | €75,076 | €78,179 | +€3,103 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,625 | €58,625 | -€0 | 0.0% |
| Other operating charges | 640/8 | €5,129 | €5,414 | +€285 | +5.6% |
| Gross operating margin | 9900 | €160,780 | €162,817 | +€2,037 | +1.3% |
| Operating profit (loss) | 9901 | €97,026 | €98,778 | +€1,752 | +1.8% |
| Financial charges | 65/66B | €89,199 | €89,691 | +€492 | +0.6% |
| Recurring financial charges | 65 | €89,199 | €89,691 | +€492 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €7,827 | €9,087 | +€1,260 | +16.1% |
| Income taxes | 67/77 | €1,957 | €2,272 | +€315 | +16.1% |
| Profit (loss) for the period | 9904 | €5,870 | €6,815 | +€945 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,870 | €6,815 | +€945 | +16.1% |
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 28 October 2026 via checked.be.