FRANCOIS SAINT-MAXENCE: what changed
FRANCOIS SAINT-MAXENCE
Largest movements
- Cash +€111,460
up €111,460 (+48.4%), from €230,091 to €341,551
mainly Trade debts (+€71,891) and Debts after one year (+€38,566)
- Tangible fixed assets +€45,564
up €45,564 (+197%), from €23,130 to €68,694
of which Furniture and vehicles: +€41,680
- Receivables within one year -€21,167
down €21,167 (-9.7%), from €217,729 to €196,562
of which Other amounts receivable: -€64,529
- Stocks and contracts -€8,623
down €8,623 (-16.9%), from €51,018 to €42,394
- Trade debts +€71,891
up €71,891 (+39.6%), from €181,637 to €253,528
- Debts after one year +€38,566
new in 2025: €38,566
- Other debts -€20,000
down €20,000 (-24.9%), from €80,387 to €60,387
- Tax, wage and social debts +€15,951
up €15,951 (+79.4%), from €20,093 to €36,044
of which Remuneration and social security: +€17,223
- Reserves +€12,478
up €12,478 (+5.6%), from €221,790 to €234,267
of which Distributable reserves: +€12,478
- Gross operating margin +€25,988
up €25,988 (+5.9%), from €440,866 to €466,854
- Staff costs +€18,900
up €18,900 (+4.6%), from €411,281 to €430,181
- Depreciation +€11,957
up €11,957 (+128%), from €9,308 to €21,265
- Taxes -€5,116
down €5,116 (-54.1%), from €9,458 to €4,342
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €523,906 | €651,992 | +€128,085 | +24.4% |
| Fixed assets | 21/28 | €23,535 | €69,099 | +€45,564 | +194% |
| Tangible fixed assets | 22/27 | €23,130 | €68,694 | +€45,564 | +197% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €23,130 | €27,014 | +€3,884 | +16.8% |
| Furniture and vehicles | 24 | - | €41,680 | +€41,680 | |
| Financial fixed assets | 28 | €405 | €405 | = | 0.0% |
| Current assets | 29/58 | €500,371 | €582,893 | +€82,522 | +16.5% |
| Stocks and contracts in progress | 3 | €51,018 | €42,394 | -€8,623 | -16.9% |
| Stocks | 30/36 | €51,018 | €42,394 | -€8,623 | -16.9% |
| Amounts receivable within one year | 40/41 | €217,729 | €196,562 | -€21,167 | -9.7% |
| Trade receivables | 40 | €130,245 | €173,607 | +€43,362 | +33.3% |
| Other amounts receivable | 41 | €87,484 | €22,955 | -€64,529 | -73.8% |
| Cash at bank and in hand | 54/58 | €230,091 | €341,551 | +€111,460 | +48.4% |
| Deferred charges and accrued income | 490/1 | €1,534 | €2,386 | +€852 | +55.5% |
| Total equity and liabilities | 10/49 | €523,906 | €651,992 | +€128,085 | +24.4% |
| Equity | 10/15 | €241,790 | €254,267 | +€12,478 | +5.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €221,790 | €234,267 | +€12,478 | +5.6% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €221,790 | €234,267 | +€12,478 | +5.6% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €282,117 | €397,724 | +€115,608 | +41.0% |
| Amounts payable after more than one year | 17 | - | €38,566 | +€38,566 | |
| Financial debts | 170/4 | - | €38,566 | +€38,566 | |
| Amounts payable within one year | 42/48 | €282,117 | €359,159 | +€77,042 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | - | €9,200 | +€9,200 | |
| Trade debts | 44 | €181,637 | €253,528 | +€71,891 | +39.6% |
| Suppliers | 440/4 | €181,637 | €253,528 | +€71,891 | +39.6% |
| Taxes, remuneration and social security | 45 | €20,093 | €36,044 | +€15,951 | +79.4% |
| Taxes | 450/3 | €4,432 | €3,161 | -€1,271 | -28.7% |
| Remuneration and social security | 454/9 | €15,660 | €32,883 | +€17,223 | +110% |
| Other amounts payable | 47/48 | €80,387 | €60,387 | -€20,000 | -24.9% |
| Remuneration, social security and pensions | 62 | €411,281 | €430,181 | +€18,900 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,308 | €21,265 | +€11,957 | +128% |
| Other operating charges | 640/8 | €1,127 | €1,980 | +€854 | +75.8% |
| Gross operating margin | 9900 | €440,866 | €466,854 | +€25,988 | +5.9% |
| Operating profit (loss) | 9901 | €19,151 | €13,427 | -€5,723 | -29.9% |
| Financial income | 75/76B | €3,539 | €4,003 | +€464 | +13.1% |
| Recurring financial income | 75 | €3,539 | €4,003 | +€464 | +13.1% |
| Financial charges | 65/66B | €59 | €611 | +€552 | +943% |
| Recurring financial charges | 65 | €59 | €611 | +€552 | +943% |
| Profit (loss) for the period before taxes | 9903 | €22,631 | €16,820 | -€5,812 | -25.7% |
| Transfer from deferred taxes | 780 | €1,625 | €0 | -€1,625 | -100% |
| Income taxes | 67/77 | €9,458 | €4,342 | -€5,116 | -54.1% |
| Profit (loss) for the period | 9904 | €14,798 | €12,478 | -€2,321 | -15.7% |
| Transfer from tax-exempt reserves | 789 | €4,875 | €0 | -€4,875 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €19,673 | €12,478 | -€7,196 | -36.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.