MAISON BELGE: 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 BELGE
Largest movements
- Tangible fixed assets -€49,377
down €49,377 (-35.2%), from €140,231 to €90,855
- Cash -€44,831
down €44,831 (-29.2%), from €153,396 to €108,565
mainly Net result for the year (-€72,834) and Trade debts (-€16,688)
- Deferred charges and accrued income -€4,243
down €4,243 (-22.6%), from €18,809 to €14,566
- Profit (loss) carried forward -€72,834
down €72,834 (-22.6%), from -€321,724 to -€394,558
- Trade debts -€16,688
down €16,688 (-28.4%), from €58,814 to €42,126
- Debts after one year -€12,607
down €12,607 (-75.1%), from €16,792 to €4,186
- Other debts -€3,562
down €3,562 (-35.3%), from €10,078 to €6,516
- Gross operating margin -€93,965
down €93,965 (-37.0%), from €253,926 to €159,961
- Staff costs -€19,748
down €19,748 (-10.6%), from €185,811 to €166,063
- Financial income -€4,072
down €4,072 (-93.3%), from €4,363 to €292
- Other operating charges -€2,945
down €2,945 (-29.2%), from €10,072 to €7,127
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 | €347,200 | €245,468 | -€101,732 | -29.3% |
| Fixed assets | 21/28 | €140,331 | €90,955 | -€49,377 | -35.2% |
| Tangible fixed assets | 22/27 | €140,231 | €90,855 | -€49,377 | -35.2% |
| Land and buildings | 22 | €66,920 | €42,359 | -€24,562 | -36.7% |
| Plant, machinery and equipment | 23 | €28,475 | €22,427 | -€6,048 | -21.2% |
| Furniture and vehicles | 24 | €44,836 | €26,069 | -€18,767 | -41.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €206,868 | €154,513 | -€52,355 | -25.3% |
| Stocks and contracts in progress | 3 | €31,266 | €27,804 | -€3,462 | -11.1% |
| Stocks | 30/36 | €31,266 | €27,804 | -€3,462 | -11.1% |
| Amounts receivable within one year | 40/41 | €3,397 | €3,579 | +€181 | +5.3% |
| Trade receivables | 40 | €2,897 | €2,884 | -€13 | -0.4% |
| Other amounts receivable | 41 | €500 | €694 | +€194 | +38.9% |
| Cash at bank and in hand | 54/58 | €153,396 | €108,565 | -€44,831 | -29.2% |
| Deferred charges and accrued income | 490/1 | €18,809 | €14,566 | -€4,243 | -22.6% |
| Total equity and liabilities | 10/49 | €347,200 | €245,468 | -€101,732 | -29.3% |
| Equity | 10/15 | €228,276 | €155,442 | -€72,834 | -31.9% |
| Contributions | 10/11 | €550,000 | €550,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€321,724 | -€394,558 | -€72,834 | -22.6% |
| Amounts payable | 17/49 | €118,924 | €90,026 | -€28,898 | -24.3% |
| Amounts payable after more than one year | 17 | €16,792 | €4,186 | -€12,607 | -75.1% |
| Financial debts | 170/4 | €16,792 | €4,186 | -€12,607 | -75.1% |
| Amounts payable within one year | 42/48 | €102,074 | €85,477 | -€16,597 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €12,344 | €12,607 | +€262 | +2.1% |
| Trade debts | 44 | €58,814 | €42,126 | -€16,688 | -28.4% |
| Suppliers | 440/4 | €58,814 | €42,126 | -€16,688 | -28.4% |
| Taxes, remuneration and social security | 45 | €20,837 | €24,228 | +€3,391 | +16.3% |
| Taxes | 450/3 | €4,807 | €7,623 | +€2,816 | +58.6% |
| Remuneration and social security | 454/9 | €16,030 | €16,605 | +€575 | +3.6% |
| Other amounts payable | 47/48 | €10,078 | €6,516 | -€3,562 | -35.3% |
| Accrued charges and deferred income | 492/3 | €58 | €364 | +€306 | +528% |
| Remuneration, social security and pensions | 62 | €185,811 | €166,063 | -€19,748 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,847 | €49,377 | +€530 | +1.1% |
| Other operating charges | 640/8 | €10,072 | €7,127 | -€2,945 | -29.2% |
| Gross operating margin | 9900 | €253,926 | €159,961 | -€93,965 | -37.0% |
| Operating profit (loss) | 9901 | €9,196 | -€62,605 | -€71,802 | |
| Financial income | 75/76B | €4,363 | €292 | -€4,072 | -93.3% |
| Recurring financial income | 75 | €4,363 | €292 | -€4,072 | -93.3% |
| Financial charges | 65/66B | €11,405 | €10,155 | -€1,250 | -11.0% |
| Recurring financial charges | 65 | €11,405 | €10,155 | -€1,250 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €2,155 | -€72,468 | -€74,623 | |
| Income taxes | 67/77 | €418 | €366 | -€52 | -12.5% |
| Profit (loss) for the period | 9904 | €1,737 | -€72,834 | -€74,571 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,737 | -€72,834 | -€74,571 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.