MAISON BAELEN: 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 BAELEN
Largest movements
- Cash +€26,856
up €26,856 (+26.0%), from €103,167 to €130,022
mainly Stocks and contracts (+€16,450) and Net result for the year (+€11,439)
- Stocks and contracts -€16,450
down €16,450 (-14.2%), from €115,498 to €99,048
- Tangible fixed assets -€3,668
down €3,668 (-10.6%), from €34,613 to €30,945
of which Furniture and vehicles: -€7,963
- Receivables within one year -€3,288
down €3,288 (-16.4%), from €20,084 to €16,796
of which Other amounts receivable: -€2,775
- Profit (loss) carried forward +€11,439
up €11,439 (+13.7%), from €83,664 to €95,102
- Trade debts -€5,970
down €5,970 (-12.4%), from €48,089 to €42,119
- Gross operating margin +€25,015
up €25,015 (+160%), from €15,647 to €40,662
- Financial charges -€24,520
down €24,520 (-93.2%), from €26,309 to €1,788
of which Non-recurring financial charges: -€24,715
- Financial income -€19,717
no longer reported in 2024 (was €19,717)
of which Non-recurring financial income: -€19,706
- Taxes +€6,322
up €6,322 (+102%), from €6,202 to €12,524
- Other operating charges +€2,651
up €2,651 (+217%), from €1,222 to €3,873
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,111 | €280,482 | +€5,371 | +2.0% |
| Fixed assets | 21/28 | €36,362 | €32,694 | -€3,668 | -10.1% |
| Tangible fixed assets | 22/27 | €34,613 | €30,945 | -€3,668 | -10.6% |
| Land and buildings | 22 | - | €1,839 | +€1,839 | |
| Furniture and vehicles | 24 | €25,350 | €17,387 | -€7,963 | -31.4% |
| Other tangible fixed assets | 26 | €9,263 | €11,719 | +€2,456 | +26.5% |
| Financial fixed assets | 28 | €1,749 | €1,749 | = | 0.0% |
| Current assets | 29/58 | €238,749 | €247,788 | +€9,038 | +3.8% |
| Stocks and contracts in progress | 3 | €115,498 | €99,048 | -€16,450 | -14.2% |
| Stocks | 30/36 | €115,498 | €99,048 | -€16,450 | -14.2% |
| Amounts receivable within one year | 40/41 | €20,084 | €16,796 | -€3,288 | -16.4% |
| Trade receivables | 40 | €15,144 | €14,631 | -€513 | -3.4% |
| Other amounts receivable | 41 | €4,941 | €2,165 | -€2,775 | -56.2% |
| Cash at bank and in hand | 54/58 | €103,167 | €130,022 | +€26,856 | +26.0% |
| Deferred charges and accrued income | 490/1 | - | €1,921 | +€1,921 | |
| Total equity and liabilities | 10/49 | €275,111 | €280,482 | +€5,371 | +2.0% |
| Equity | 10/15 | €129,296 | €140,735 | +€11,439 | +8.8% |
| Contributions | 10/11 | €23,211 | €23,211 | = | 0.0% |
| Contributions outside capital | 11 | €23,211 | €23,211 | = | 0.0% |
| Other | 1109/19 | €23,211 | €23,211 | = | 0.0% |
| Reserves | 13 | €22,422 | €22,422 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,422 | €22,422 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,664 | €95,102 | +€11,439 | +13.7% |
| Amounts payable | 17/49 | €145,815 | €139,747 | -€6,068 | -4.2% |
| Amounts payable after more than one year | 17 | €87,793 | €87,794 | +€1 | 0.0% |
| Financial debts | 170/4 | €87,793 | €87,794 | +€1 | 0.0% |
| Amounts payable within one year | 42/48 | €58,021 | €51,953 | -€6,069 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €5,940 | €5,940 | = | 0.0% |
| Financial debts | 43 | €15 | €207 | +€191 | +1,245% |
| Credit institutions | 430/8 | €15 | €207 | +€191 | +1,245% |
| Trade debts | 44 | €48,089 | €42,119 | -€5,970 | -12.4% |
| Suppliers | 440/4 | €48,089 | €42,119 | -€5,970 | -12.4% |
| Advances received on contracts in progress | 46 | €958 | €958 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,019 | €2,730 | -€290 | -9.6% |
| Taxes | 450/3 | €552 | €262 | -€290 | -52.5% |
| Remuneration and social security | 454/9 | €2,467 | €2,467 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,457 | €11,038 | +€1,582 | +16.7% |
| Other operating charges | 640/8 | €1,222 | €3,873 | +€2,651 | +217% |
| Gross operating margin | 9900 | €15,647 | €40,662 | +€25,015 | +160% |
| Operating profit (loss) | 9901 | €4,968 | €25,751 | +€20,783 | +418% |
| Financial income | 75/76B | €19,717 | - | -€19,717 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Non-recurring financial income | 76B | €19,706 | - | -€19,706 | |
| Financial charges | 65/66B | €26,309 | €1,788 | -€24,520 | -93.2% |
| Recurring financial charges | 65 | €1,594 | €1,788 | +€195 | +12.2% |
| Non-recurring financial charges | 66B | €24,715 | - | -€24,715 | |
| Profit (loss) for the period before taxes | 9903 | -€1,624 | €23,962 | +€25,586 | |
| Income taxes | 67/77 | €6,202 | €12,524 | +€6,322 | +102% |
| Profit (loss) for the period | 9904 | -€7,826 | €11,439 | +€19,264 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,826 | €11,439 | +€19,264 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.