MAISIN ARCHITECTS: 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.
MAISIN ARCHITECTS
Largest movements
- Receivables within one year +€35,750
up €35,750 (+18.5%), from €193,275 to €229,025
of which Other amounts receivable: +€35,364
- Cash -€9,921
no longer reported in 2025 (was €9,921)
mainly Receivables within one year (-€35,750) and Net result for the year (-€9,089)
- Tangible fixed assets -€5,989
down €5,989 (-25.5%), from €23,471 to €17,482
of which Furniture and vehicles: -€6,751
- Deferred charges and accrued income -€3,992
down €3,992 (-49.9%), from €7,993 to €4,001
- Trade debts +€21,398
up €21,398 (+122%), from €17,479 to €38,878
- Profit (loss) carried forward -€9,089
down €9,089 (-15.9%), from €57,141 to €48,052
- Short-term financial debts +€3,879
new in 2025: €3,879
- Taxes +€10,574
up €10,574 (+277%), from €3,819 to €14,393
- Gross operating margin -€8,375
down €8,375 (-27.1%), from €30,905 to €22,530
- Depreciation +€5,841
up €5,841 (+167%), from €3,488 to €9,330
- Financial charges +€877
up €877 (+42.2%), from €2,077 to €2,955
- Other operating charges +€767
up €767 (+21.6%), from €3,544 to €4,311
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 | €236,445 | €252,293 | +€15,848 | +6.7% |
| Fixed assets | 21/28 | €25,256 | €19,267 | -€5,989 | -23.7% |
| Tangible fixed assets | 22/27 | €23,471 | €17,482 | -€5,989 | -25.5% |
| Furniture and vehicles | 24 | €12,934 | €6,182 | -€6,751 | -52.2% |
| Other tangible fixed assets | 26 | €10,537 | €11,299 | +€762 | +7.2% |
| Financial fixed assets | 28 | €1,785 | €1,785 | = | 0.0% |
| Current assets | 29/58 | €211,189 | €233,026 | +€21,838 | +10.3% |
| Amounts receivable within one year | 40/41 | €193,275 | €229,025 | +€35,750 | +18.5% |
| Trade receivables | 40 | €12,796 | €13,182 | +€386 | +3.0% |
| Other amounts receivable | 41 | €180,479 | €215,843 | +€35,364 | +19.6% |
| Cash at bank and in hand | 54/58 | €9,921 | - | -€9,921 | |
| Deferred charges and accrued income | 490/1 | €7,993 | €4,001 | -€3,992 | -49.9% |
| Total equity and liabilities | 10/49 | €236,445 | €252,293 | +€15,848 | +6.7% |
| Equity | 10/15 | €199,918 | €190,829 | -€9,089 | -4.5% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €105,592 | €105,592 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €101,874 | €101,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,141 | €48,052 | -€9,089 | -15.9% |
| Amounts payable | 17/49 | €36,527 | €61,464 | +€24,937 | +68.3% |
| Amounts payable within one year | 42/48 | €35,687 | €61,464 | +€25,777 | +72.2% |
| Current portion of amounts payable after more than one year | 42 | €96 | - | -€96 | |
| Financial debts | 43 | - | €3,879 | +€3,879 | |
| Credit institutions | 430/8 | - | €3,879 | +€3,879 | |
| Trade debts | 44 | €17,479 | €38,878 | +€21,398 | +122% |
| Suppliers | 440/4 | €17,479 | €38,878 | +€21,398 | +122% |
| Taxes, remuneration and social security | 45 | €18,112 | €18,707 | +€595 | +3.3% |
| Taxes | 450/3 | €18,112 | €18,707 | +€595 | +3.3% |
| Accrued charges and deferred income | 492/3 | €840 | - | -€840 | |
| Non-recurring operating income | 76A | - | €1,768 | +€1,768 | |
| Remuneration, social security and pensions | 62 | - | €727 | +€727 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,488 | €9,330 | +€5,841 | +167% |
| Other operating charges | 640/8 | €3,544 | €4,311 | +€767 | +21.6% |
| Gross operating margin | 9900 | €30,905 | €22,530 | -€8,375 | -27.1% |
| Operating profit (loss) | 9901 | €23,873 | €8,162 | -€15,711 | -65.8% |
| Financial income | 75/76B | - | €97 | +€97 | |
| Recurring financial income | 75 | - | €97 | +€97 | |
| Financial charges | 65/66B | €2,077 | €2,955 | +€877 | +42.2% |
| Recurring financial charges | 65 | €2,077 | €2,955 | +€877 | +42.2% |
| Profit (loss) for the period before taxes | 9903 | €21,795 | €5,305 | -€16,491 | -75.7% |
| Income taxes | 67/77 | €3,819 | €14,393 | +€10,574 | +277% |
| Profit (loss) for the period | 9904 | €17,976 | -€9,089 | -€27,065 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,976 | -€9,089 | -€27,065 |
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 20 October 2026 via checked.be.