GLACE MAURICETTE: 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.
GLACE MAURICETTE
Largest movements
- Tangible fixed assets +€343,193
up €343,193 (+379%), from €90,600 to €433,793
of which Land and buildings: +€355,404
- Receivables within one year +€23,014
up €23,014 (+57.0%), from €40,362 to €63,376
of which Other amounts receivable: +€16,403
- Cash -€6,820
down €6,820 (-17.3%), from €39,420 to €32,600
mainly Investment in fixed assets (net) (-€373,708) and Receivables within one year (-€23,014)
- Debts after one year +€300,000
new in 2025: €300,000
- Other debts +€41,345
up €41,345 (+92.9%), from €44,505 to €85,850
- Tax, wage and social debts +€18,267
up €18,267 (+54.6%), from €33,450 to €51,717
of which Remuneration and social security: +€24,546
- Trade debts -€8,412
down €8,412 (-81.7%), from €10,291 to €1,879
- Profit (loss) carried forward +€6,387
up €6,387 (+9.6%), from €66,736 to €73,123
- Gross operating margin -€8,158
down €8,158 (-7.2%), from €112,647 to €104,489
- Depreciation +€7,095
up €7,095 (+28.1%), from €25,220 to €32,315
- Financial charges +€5,675
up €5,675 (+315%), from €1,803 to €7,478
- Staff costs +€2,247
up €2,247 (+4.5%), from €49,440 to €51,687
- Taxes -€1,969
down €1,969 (-25.8%), from €7,628 to €5,659
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 | €184,982 | €542,569 | +€357,587 | +193% |
| Fixed assets | 21/28 | €105,200 | €446,593 | +€341,393 | +325% |
| Intangible fixed assets | 21 | €12,000 | €10,000 | -€2,000 | -16.7% |
| Tangible fixed assets | 22/27 | €90,600 | €433,793 | +€343,193 | +379% |
| Land and buildings | 22 | - | €355,404 | +€355,404 | |
| Plant, machinery and equipment | 23 | €71,970 | €58,405 | -€13,565 | -18.8% |
| Furniture and vehicles | 24 | €2,924 | €6,659 | +€3,735 | +128% |
| Other tangible fixed assets | 26 | €15,706 | €13,325 | -€2,381 | -15.2% |
| Financial fixed assets | 28 | €2,600 | €2,800 | +€200 | +7.7% |
| Current assets | 29/58 | €79,782 | €95,976 | +€16,194 | +20.3% |
| Amounts receivable within one year | 40/41 | €40,362 | €63,376 | +€23,014 | +57.0% |
| Trade receivables | 40 | €40,159 | €46,770 | +€6,611 | +16.5% |
| Other amounts receivable | 41 | €203 | €16,606 | +€16,403 | +8,080% |
| Cash at bank and in hand | 54/58 | €39,420 | €32,600 | -€6,820 | -17.3% |
| Total equity and liabilities | 10/49 | €184,982 | €542,569 | +€357,587 | +193% |
| Equity | 10/15 | €96,736 | €103,123 | +€6,387 | +6.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,736 | €73,123 | +€6,387 | +9.6% |
| Amounts payable | 17/49 | €88,246 | €439,446 | +€351,200 | +398% |
| Amounts payable after more than one year | 17 | - | €300,000 | +€300,000 | |
| Financial debts | 170/4 | - | €300,000 | +€300,000 | |
| Amounts payable within one year | 42/48 | €88,246 | €139,446 | +€51,200 | +58.0% |
| Trade debts | 44 | €10,291 | €1,879 | -€8,412 | -81.7% |
| Suppliers | 440/4 | €10,291 | €1,879 | -€8,412 | -81.7% |
| Taxes, remuneration and social security | 45 | €33,450 | €51,717 | +€18,267 | +54.6% |
| Taxes | 450/3 | €23,948 | €17,669 | -€6,279 | -26.2% |
| Remuneration and social security | 454/9 | €9,502 | €34,048 | +€24,546 | +258% |
| Other amounts payable | 47/48 | €44,505 | €85,850 | +€41,345 | +92.9% |
| Remuneration, social security and pensions | 62 | €49,440 | €51,687 | +€2,247 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,220 | €32,315 | +€7,095 | +28.1% |
| Other operating charges | 640/8 | €2,855 | €1,000 | -€1,855 | -65.0% |
| Gross operating margin | 9900 | €112,647 | €104,489 | -€8,158 | -7.2% |
| Operating profit (loss) | 9901 | €35,132 | €19,487 | -€15,645 | -44.5% |
| Financial income | 75/76B | €54 | €37 | -€17 | -31.5% |
| Recurring financial income | 75 | €54 | €37 | -€17 | -31.5% |
| Financial charges | 65/66B | €1,803 | €7,478 | +€5,675 | +315% |
| Recurring financial charges | 65 | €1,803 | €7,478 | +€5,675 | +315% |
| Profit (loss) for the period before taxes | 9903 | €33,383 | €12,046 | -€21,337 | -63.9% |
| Income taxes | 67/77 | €7,628 | €5,659 | -€1,969 | -25.8% |
| Profit (loss) for the period | 9904 | €25,755 | €6,387 | -€19,368 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,755 | €6,387 | -€19,368 | -75.2% |
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 27 October 2026 via checked.be.