MAISIN DECOR: 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 DECOR
Largest movements
- Receivables within one year +€18,971
up €18,971 (+76.8%), from €24,701 to €43,672
of which Trade receivables: +€14,317
- Cash -€12,256
down €12,256 (-30.4%), from €40,257 to €28,001
mainly Other debts (-€32,500) and Debts after one year (-€20,252)
- Reserves +€43,532
up €43,532 (+77.8%), from €55,922 to €99,454
- Other debts -€32,500
no longer reported in 2025 (was €32,500)
- Debts after one year -€20,252
no longer reported in 2025 (was €20,252)
- Tax, wage and social debts +€17,776
up €17,776 (+76.7%), from €23,172 to €40,949
- Financial charges -€4,809
down €4,809 (-66.2%), from €7,269 to €2,460
of which Non-recurring financial charges: -€5,043
- Gross operating margin +€4,762
up €4,762 (+7.5%), from €63,305 to €68,067
- Taxes +€3,030
up €3,030 (+16.2%), from €18,702 to €21,731
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.
Cash bridge derived
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 | €197,593 | €204,396 | +€6,802 | +3.4% |
| Fixed assets | 21/28 | €127,513 | €128,036 | +€524 | +0.4% |
| Tangible fixed assets | 22/27 | €1,421 | €1,944 | +€524 | +36.9% |
| Plant, machinery and equipment | 23 | €1,421 | €379 | -€1,042 | -73.3% |
| Furniture and vehicles | 24 | - | €1,565 | +€1,565 | |
| Financial fixed assets | 28 | €126,092 | €126,092 | = | 0.0% |
| Current assets | 29/58 | €70,081 | €76,359 | +€6,279 | +9.0% |
| Amounts receivable within one year | 40/41 | €24,701 | €43,672 | +€18,971 | +76.8% |
| Trade receivables | 40 | €24,573 | €38,889 | +€14,317 | +58.3% |
| Other amounts receivable | 41 | €129 | €4,783 | +€4,654 | +3618.9% |
| Cash at bank and in hand | 54/58 | €40,257 | €28,001 | -€12,256 | -30.4% |
| Deferred charges and accrued income | 490/1 | €5,122 | €4,686 | -€436 | -8.5% |
| Total equity and liabilities | 10/49 | €197,593 | €204,396 | +€6,802 | +3.4% |
| Equity | 10/15 | €87,707 | €131,239 | +€43,532 | +49.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €55,922 | €99,454 | +€43,532 | +77.8% |
| Distributable reserves | 133 | €55,922 | €99,454 | +€43,532 | +77.8% |
| Profit (loss) carried forward | 14 | €11,785 | €11,785 | = | 0.0% |
| Amounts payable | 17/49 | €109,886 | €73,157 | -€36,729 | -33.4% |
| Amounts payable after more than one year | 17 | €20,252 | - | -€20,252 | |
| Financial debts | 170/4 | €20,252 | - | -€20,252 | |
| Amounts payable within one year | 42/48 | €89,634 | €73,157 | -€16,477 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €20,511 | €20,511 | = | 0.0% |
| Trade debts | 44 | €13,451 | €11,697 | -€1,754 | -13.0% |
| Suppliers | 440/4 | €13,451 | €11,697 | -€1,754 | -13.0% |
| Taxes, remuneration and social security | 45 | €23,172 | €40,949 | +€17,776 | +76.7% |
| Taxes | 450/3 | €23,172 | €40,949 | +€17,776 | +76.7% |
| Other amounts payable | 47/48 | €32,500 | - | -€32,500 | |
| Non-recurring operating income | 76A | €13,188 | - | -€13,188 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,484 | €1,507 | +€24 | +1.6% |
| Other operating charges | 640/8 | €230 | €159 | -€70 | -30.6% |
| Gross operating margin | 9900 | €63,305 | €68,067 | +€4,762 | +7.5% |
| Operating profit (loss) | 9901 | €61,592 | €66,401 | +€4,809 | +7.8% |
| Financial income | 75/76B | €1,548 | €1,322 | -€226 | -14.6% |
| Recurring financial income | 75 | €0 | €272 | +€272 | +1361900.0% |
| Non-recurring financial income | 76B | €1,548 | €1,050 | -€498 | -32.2% |
| Financial charges | 65/66B | €7,269 | €2,460 | -€4,809 | -66.2% |
| Recurring financial charges | 65 | €877 | €1,111 | +€234 | +26.7% |
| Non-recurring financial charges | 66B | €6,392 | €1,349 | -€5,043 | -78.9% |
| Profit (loss) for the period before taxes | 9903 | €55,871 | €65,263 | +€9,392 | +16.8% |
| Income taxes | 67/77 | €18,702 | €21,731 | +€3,030 | +16.2% |
| Profit (loss) for the period | 9904 | €37,170 | €43,532 | +€6,362 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,170 | €43,532 | +€6,362 | +17.1% |
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 12 October 2026 via checked.be.