MAISON ARTHUR: 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.
MAISON ARTHUR
Largest movements
- Tangible fixed assets -€26,649
down €26,649 (-3.0%), from €898,716 to €872,067
of which Land and buildings: -€18,134
- Profit (loss) carried forward -€47,880
down €47,880 (-44.3%), from -€108,058 to -€155,937
- Other debts +€43,886
up €43,886 (+8.8%), from €501,062 to €544,948
- Debts after one year -€25,201
down €25,201 (-5.8%), from €432,447 to €407,247
- Other operating charges -€7,501
down €7,501 (-72.7%), from €10,316 to €2,815
- Gross operating margin -€7,363
down €7,363 (-35.2%), from €20,905 to €13,542
- Depreciation +€2,423
up €2,423 (+6.2%), from €38,965 to €41,388
- Financial income +€954
new in 2025: €954
- Financial charges +€666
up €666 (+3.8%), from €17,506 to €18,172
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 | €913,150 | €888,225 | -€24,925 | -2.7% |
| Fixed assets | 21/28 | €898,716 | €872,067 | -€26,649 | -3.0% |
| Tangible fixed assets | 22/27 | €898,716 | €872,067 | -€26,649 | -3.0% |
| Land and buildings | 22 | €877,997 | €859,863 | -€18,134 | -2.1% |
| Plant, machinery and equipment | 23 | €8,913 | €5,651 | -€3,262 | -36.6% |
| Furniture and vehicles | 24 | €11,806 | €6,553 | -€5,253 | -44.5% |
| Current assets | 29/58 | €14,434 | €16,158 | +€1,724 | +11.9% |
| Amounts receivable within one year | 40/41 | €8,469 | €11,205 | +€2,736 | +32.3% |
| Trade receivables | 40 | €6,423 | €9,681 | +€3,257 | +50.7% |
| Other amounts receivable | 41 | €2,046 | €1,524 | -€521 | -25.5% |
| Cash at bank and in hand | 54/58 | €4,307 | €3,634 | -€673 | -15.6% |
| Deferred charges and accrued income | 490/1 | €1,658 | €1,319 | -€339 | -20.4% |
| Total equity and liabilities | 10/49 | €913,150 | €888,225 | -€24,925 | -2.7% |
| Equity | 10/15 | -€88,058 | -€135,937 | -€47,880 | -54.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,058 | -€155,937 | -€47,880 | -44.3% |
| Amounts payable | 17/49 | €1,001,207 | €1,024,162 | +€22,955 | +2.3% |
| Amounts payable after more than one year | 17 | €432,447 | €407,247 | -€25,201 | -5.8% |
| Financial debts | 170/4 | €432,447 | €407,247 | -€25,201 | -5.8% |
| Amounts payable within one year | 42/48 | €568,760 | €616,915 | +€48,155 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €24,754 | €25,201 | +€447 | +1.8% |
| Trade debts | 44 | €27,269 | €35,270 | +€8,001 | +29.3% |
| Suppliers | 440/4 | €27,269 | €35,270 | +€8,001 | +29.3% |
| Advances received on contracts in progress | 46 | €9,314 | €10,512 | +€1,199 | +12.9% |
| Taxes, remuneration and social security | 45 | €6,361 | €984 | -€5,377 | -84.5% |
| Taxes | 450/3 | €6,361 | €984 | -€5,377 | -84.5% |
| Other amounts payable | 47/48 | €501,062 | €544,948 | +€43,886 | +8.8% |
| Non-recurring operating income | 76A | €2,465 | - | -€2,465 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,965 | €41,388 | +€2,423 | +6.2% |
| Other operating charges | 640/8 | €10,316 | €2,815 | -€7,501 | -72.7% |
| Gross operating margin | 9900 | €20,905 | €13,542 | -€7,363 | -35.2% |
| Operating profit (loss) | 9901 | -€28,375 | -€30,661 | -€2,286 | -8.1% |
| Financial income | 75/76B | - | €954 | +€954 | |
| Recurring financial income | 75 | - | €954 | +€954 | |
| Financial charges | 65/66B | €17,506 | €18,172 | +€666 | +3.8% |
| Recurring financial charges | 65 | €17,506 | €18,172 | +€666 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | -€45,882 | -€47,880 | -€1,998 | -4.4% |
| Profit (loss) for the period | 9904 | -€45,882 | -€47,880 | -€1,998 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,882 | -€47,880 | -€1,998 | -4.4% |
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 17 October 2026 via checked.be.