MA BOX BIJOUX: 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.
MA BOX BIJOUX
Largest movements
- Tangible fixed assets +€83,613
up €83,613 (+14,638%), from €571 to €84,184
- Receivables within one year +€83,108
up €83,108 (+951%), from €8,739 to €91,847
of which Trade receivables: +€54,897
- Current investments -€50,000
down €50,000 (-10.1%), from €495,000 to €445,000
- Cash -€23,458
down €23,458 (-9.1%), from €258,514 to €235,057
mainly Contributions, distributions and other (-€200,000) and Investment in fixed assets (net) (-€85,787)
- Other debts +€164,454
up €164,454 (+582%), from €28,236 to €192,690
- Profit (loss) carried forward -€97,342
down €97,342 (-100%), from €97,342 to €0
- Trade debts +€85,202
up €85,202 (+3,778%), from €2,255 to €87,457
- Reserves -€46,447
down €46,447 (-7.8%), from €596,346 to €549,899
- Tax, wage and social debts -€12,594
down €12,594 (-17.8%), from €70,646 to €58,052
- Gross operating margin -€74,994
down €74,994 (-43.9%), from €170,718 to €95,724
- Taxes -€9,871
down €9,871 (-27.1%), from €36,381 to €26,510
- Financial charges +€6,855
up €6,855 (+33.2%), from €20,663 to €27,518
- Financial income +€4,984
up €4,984 (+40.2%), from €12,394 to €17,378
- Depreciation +€2,071
up €2,071 (+2,007%), from €103 to €2,174
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 | €797,825 | €895,972 | +€98,147 | +12.3% |
| Fixed assets | 21/28 | €571 | €84,184 | +€83,613 | +14,638% |
| Tangible fixed assets | 22/27 | €571 | €84,184 | +€83,613 | +14,638% |
| Furniture and vehicles | 24 | €571 | €84,184 | +€83,613 | +14,638% |
| Current assets | 29/58 | €797,254 | €811,788 | +€14,534 | +1.8% |
| Stocks and contracts in progress | 3 | €35,000 | €37,000 | +€2,000 | +5.7% |
| Stocks | 30/36 | €35,000 | €37,000 | +€2,000 | +5.7% |
| Amounts receivable within one year | 40/41 | €8,739 | €91,847 | +€83,108 | +951% |
| Trade receivables | 40 | €8,733 | €63,630 | +€54,897 | +629% |
| Other amounts receivable | 41 | €6 | €28,217 | +€28,210 | +439,414% |
| Current investments | 50/53 | €495,000 | €445,000 | -€50,000 | -10.1% |
| Cash at bank and in hand | 54/58 | €258,514 | €235,057 | -€23,458 | -9.1% |
| Deferred charges and accrued income | 490/1 | - | €2,884 | +€2,884 | |
| Total equity and liabilities | 10/49 | €797,825 | €895,972 | +€98,147 | +12.3% |
| Equity | 10/15 | €696,687 | €552,899 | -€143,789 | -20.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €596,346 | €549,899 | -€46,447 | -7.8% |
| Distributable reserves | 133 | €596,346 | €549,899 | -€46,447 | -7.8% |
| Profit (loss) carried forward | 14 | €97,342 | €0 | -€97,342 | -100% |
| Amounts payable | 17/49 | €101,138 | €343,074 | +€241,936 | +239% |
| Amounts payable within one year | 42/48 | €101,138 | €338,199 | +€237,062 | +234% |
| Trade debts | 44 | €2,255 | €87,457 | +€85,202 | +3,778% |
| Suppliers | 440/4 | €2,255 | €87,457 | +€85,202 | +3,778% |
| Taxes, remuneration and social security | 45 | €70,646 | €58,052 | -€12,594 | -17.8% |
| Taxes | 450/3 | €70,646 | €58,052 | -€12,594 | -17.8% |
| Other amounts payable | 47/48 | €28,236 | €192,690 | +€164,454 | +582% |
| Accrued charges and deferred income | 492/3 | - | €4,874 | +€4,874 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103 | €2,174 | +€2,071 | +2,007% |
| Other operating charges | 640/8 | €387 | €690 | +€302 | +78.0% |
| Gross operating margin | 9900 | €170,718 | €95,724 | -€74,994 | -43.9% |
| Operating profit (loss) | 9901 | €170,227 | €92,861 | -€77,366 | -45.4% |
| Financial income | 75/76B | €12,394 | €17,378 | +€4,984 | +40.2% |
| Recurring financial income | 75 | €12,394 | €17,378 | +€4,984 | +40.2% |
| Financial charges | 65/66B | €20,663 | €27,518 | +€6,855 | +33.2% |
| Recurring financial charges | 65 | €20,663 | €27,518 | +€6,855 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €161,958 | €82,721 | -€79,237 | -48.9% |
| Income taxes | 67/77 | €36,381 | €26,510 | -€9,871 | -27.1% |
| Profit (loss) for the period | 9904 | €125,578 | €56,211 | -€69,366 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €125,578 | €56,211 | -€69,366 | -55.2% |
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 22 October 2026 via checked.be.