La Maroquinerie: what changed
La Maroquinerie
Largest movements
- Cash +€6,548
up €6,548 (+217%), from €3,012 to €9,560
mainly Depreciation (+€9,916) and Trade debts (+€5,080)
- Stocks and contracts +€5,571
up €5,571 (+27.9%), from €19,933 to €25,504
- Tangible fixed assets -€4,370
down €4,370 (-24.5%), from €17,807 to €13,437
of which Land and buildings: -€7,174
- Receivables within one year -€1,230
down €1,230 (-19.9%), from €6,179 to €4,949
of which Trade receivables: -€1,230
- Deferred charges and accrued income +€992
new in 2025: €992
- Trade debts +€5,080
up €5,080 (+87.6%), from €5,800 to €10,880
- Debts after one year -€5,016
down €5,016 (-23.8%), from €21,110 to €16,093
- Tax, wage and social debts +€3,748
up €3,748 (+152%), from €2,460 to €6,208
of which Taxes: +€4,068
- Other debts +€2,600
up €2,600 (+144%), from €1,800 to €4,400
- Profit (loss) carried forward +€2,528
up €2,528 (+5.0%), from -€50,826 to -€48,298
- Gross operating margin -€9,162
down €9,162 (-33.8%), from €27,090 to €17,927
- Depreciation -€1,337
down €1,337 (-11.9%), from €11,253 to €9,916
- Staff costs -€1,175
no longer reported in 2025 (was €1,175)
- Other operating charges -€325
down €325 (-6.7%), from €4,840 to €4,514
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 | €47,081 | €54,893 | +€7,811 | +16.6% |
| Fixed assets | 21/28 | €17,957 | €13,887 | -€4,070 | -22.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €17,807 | €13,437 | -€4,370 | -24.5% |
| Land and buildings | 22 | €14,348 | €7,174 | -€7,174 | -50.0% |
| Plant, machinery and equipment | 23 | €940 | €220 | -€719 | -76.6% |
| Furniture and vehicles | 24 | €2,519 | €6,043 | +€3,523 | +140% |
| Financial fixed assets | 28 | €150 | €450 | +€300 | +200% |
| Current assets | 29/58 | €29,124 | €41,006 | +€11,881 | +40.8% |
| Stocks and contracts in progress | 3 | €19,933 | €25,504 | +€5,571 | +27.9% |
| Stocks | 30/36 | €19,933 | €25,504 | +€5,571 | +27.9% |
| Amounts receivable within one year | 40/41 | €6,179 | €4,949 | -€1,230 | -19.9% |
| Trade receivables | 40 | €6,179 | €4,949 | -€1,230 | -19.9% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €3,012 | €9,560 | +€6,548 | +217% |
| Deferred charges and accrued income | 490/1 | - | €992 | +€992 | |
| Total equity and liabilities | 10/49 | €47,081 | €54,893 | +€7,811 | +16.6% |
| Equity | 10/15 | €2,590 | €3,757 | +€1,166 | +45.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,826 | -€48,298 | +€2,528 | +5.0% |
| Investment grants | 15 | €3,416 | €2,054 | -€1,361 | -39.9% |
| Amounts payable | 17/49 | €44,491 | €51,136 | +€6,645 | +14.9% |
| Amounts payable after more than one year | 17 | €21,110 | €16,093 | -€5,016 | -23.8% |
| Financial debts | 170/4 | €21,110 | €16,093 | -€5,016 | -23.8% |
| Amounts payable within one year | 42/48 | €23,382 | €35,043 | +€11,661 | +49.9% |
| Current portion of amounts payable after more than one year | 42 | €13,322 | €13,555 | +€233 | +1.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,800 | €10,880 | +€5,080 | +87.6% |
| Suppliers | 440/4 | €5,800 | €10,880 | +€5,080 | +87.6% |
| Taxes, remuneration and social security | 45 | €2,460 | €6,208 | +€3,748 | +152% |
| Taxes | 450/3 | €2,140 | €6,208 | +€4,068 | +190% |
| Remuneration and social security | 454/9 | €320 | €0 | -€320 | -100% |
| Other amounts payable | 47/48 | €1,800 | €4,400 | +€2,600 | +144% |
| Remuneration, social security and pensions | 62 | €1,175 | - | -€1,175 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,253 | €9,916 | -€1,337 | -11.9% |
| Other operating charges | 640/8 | €4,840 | €4,514 | -€325 | -6.7% |
| Gross operating margin | 9900 | €27,090 | €17,927 | -€9,162 | -33.8% |
| Operating profit (loss) | 9901 | €9,822 | €3,497 | -€6,325 | -64.4% |
| Financial income | 75/76B | €1,362 | €1,372 | +€9 | +0.7% |
| Recurring financial income | 75 | €1,362 | €1,372 | +€9 | +0.7% |
| Financial charges | 65/66B | €2,057 | €2,061 | +€3 | +0.2% |
| Recurring financial charges | 65 | €2,057 | €2,061 | +€3 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €9,127 | €2,808 | -€6,318 | -69.2% |
| Income taxes | 67/77 | €273 | €280 | +€7 | +2.7% |
| Profit (loss) for the period | 9904 | €8,854 | €2,528 | -€6,326 | -71.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,854 | €2,528 | -€6,326 | -71.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.