DE MAIN DE MAÎTRE: 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.
DE MAIN DE MAÎTRE
Largest movements
- Cash +€83,254
up €83,254 (+47.0%), from €176,999 to €260,253
mainly Net result for the year (+€50,049) and Receivables within one year (+€21,942)
- Receivables within one year -€21,942
down €21,942 (-93.3%), from €23,515 to €1,573
of which Trade receivables: -€22,949
- Profit (loss) carried forward +€50,049
up €50,049 (+6453.5%), from €776 to €50,825
- Tax, wage and social debts +€13,101
up €13,101 (+6592.1%), from €199 to €13,300
- Trade debts -€3,471
down €3,471 (-93.7%), from €3,704 to €233
- Gross operating margin -€104,052
down €104,052 (-61.1%), from €170,237 to €66,185
- Taxes -€35,927
down €35,927 (-72.3%), from €49,677 to €13,751
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.
Cash bridge derived
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 | €203,908 | €264,403 | +€60,495 | +29.7% |
| Fixed assets | 21/28 | €3,393 | €2,447 | -€947 | -27.9% |
| Tangible fixed assets | 22/27 | €3,208 | €2,312 | -€897 | -28.0% |
| Plant, machinery and equipment | 23 | €1,016 | €762 | -€254 | -25.0% |
| Furniture and vehicles | 24 | €2,193 | €1,550 | -€643 | -29.3% |
| Financial fixed assets | 28 | €185 | €135 | -€50 | -27.0% |
| Current assets | 29/58 | €200,514 | €261,956 | +€61,442 | +30.6% |
| Amounts receivable within one year | 40/41 | €23,515 | €1,573 | -€21,942 | -93.3% |
| Trade receivables | 40 | €22,949 | - | -€22,949 | |
| Other amounts receivable | 41 | €566 | €1,573 | +€1,007 | +177.9% |
| Cash at bank and in hand | 54/58 | €176,999 | €260,253 | +€83,254 | +47.0% |
| Deferred charges and accrued income | 490/1 | - | €130 | +€130 | |
| Total equity and liabilities | 10/49 | €203,908 | €264,403 | +€60,495 | +29.7% |
| Equity | 10/15 | €196,776 | €246,825 | +€50,049 | +25.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €193,000 | €193,000 | = | 0.0% |
| Distributable reserves | 133 | €193,000 | €193,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €776 | €50,825 | +€50,049 | +6453.5% |
| Amounts payable | 17/49 | €7,132 | €17,578 | +€10,446 | +146.5% |
| Amounts payable within one year | 42/48 | €7,132 | €17,578 | +€10,446 | +146.5% |
| Trade debts | 44 | €3,704 | €233 | -€3,471 | -93.7% |
| Suppliers | 440/4 | €3,704 | €233 | -€3,471 | -93.7% |
| Taxes, remuneration and social security | 45 | €199 | €13,300 | +€13,101 | +6592.1% |
| Taxes | 450/3 | €199 | €13,300 | +€13,101 | +6592.1% |
| Other amounts payable | 47/48 | €3,230 | €4,045 | +€815 | +25.2% |
| Remuneration, social security and pensions | 62 | €2,048 | €2,088 | +€40 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €897 | €897 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €170,237 | €66,185 | -€104,052 | -61.1% |
| Operating profit (loss) | 9901 | €166,904 | €62,800 | -€104,104 | -62.4% |
| Financial income | 75/76B | €1,122 | €1,503 | +€381 | +34.0% |
| Recurring financial income | 75 | €1,122 | €1,503 | +€381 | +34.0% |
| Financial charges | 65/66B | €77 | €503 | +€426 | +550.6% |
| Recurring financial charges | 65 | €77 | €503 | +€426 | +550.6% |
| Profit (loss) for the period before taxes | 9903 | €167,949 | €63,800 | -€104,149 | -62.0% |
| Income taxes | 67/77 | €49,677 | €13,751 | -€35,927 | -72.3% |
| Profit (loss) for the period | 9904 | €118,271 | €50,049 | -€68,222 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €118,271 | €50,049 | -€68,222 | -57.7% |
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 11 October 2026 via checked.be.