Maison Besem: 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 Besem
Largest movements
- Receivables within one year +€87,762
up €87,762 (+5.5%), from €1.6m to €1.7m
of which Other amounts receivable: +€140,085
- Cash +€46,883
up €46,883 (+10.1%), from €464,836 to €511,719
mainly Depreciation (+€165,811) and Accrued charges and deferred income (+€82,979)
- Tangible fixed assets -€44,427
down €44,427 (-4.1%), from €1.1m to €1.0m
of which Furniture and vehicles: -€34,639
- Accrued charges and deferred income +€82,979
up €82,979 (+13.2%), from €627,372 to €710,351
- Trade debts +€58,665
up €58,665 (+40.9%), from €143,407 to €202,072
- Other debts -€47,174
down €47,174 (-51.3%), from €91,934 to €44,761
- Gross operating margin -€130,361
down €130,361 (-24.4%), from €534,222 to €403,861
- Taxes -€38,993
down €38,993 (-77.5%), from €50,284 to €11,291
- Staff costs -€28,552
down €28,552 (-11.0%), from €260,018 to €231,466
- Financial income +€23,157
up €23,157 (+85.6%), from €27,038 to €50,195
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 | €3,205,816 | €3,303,253 | +€97,437 | +3.0% |
| Fixed assets | 21/28 | €1,104,659 | €1,055,900 | -€48,760 | -4.4% |
| Intangible fixed assets | 21 | €27,912 | €23,912 | -€4,000 | -14.3% |
| Tangible fixed assets | 22/27 | €1,075,737 | €1,031,310 | -€44,427 | -4.1% |
| Land and buildings | 22 | €395,680 | €375,837 | -€19,843 | -5.0% |
| Plant, machinery and equipment | 23 | €3,823 | €1,903 | -€1,919 | -50.2% |
| Furniture and vehicles | 24 | €179,870 | €145,232 | -€34,639 | -19.3% |
| Other tangible fixed assets | 26 | €496,364 | €508,338 | +€11,974 | +2.4% |
| Financial fixed assets | 28 | €1,010 | €678 | -€333 | -32.9% |
| Current assets | 29/58 | €2,101,157 | €2,247,354 | +€146,197 | +7.0% |
| Stocks and contracts in progress | 3 | €28,471 | €45,172 | +€16,701 | +58.7% |
| Stocks | 30/36 | €28,471 | €45,172 | +€16,701 | +58.7% |
| Amounts receivable within one year | 40/41 | €1,587,589 | €1,675,351 | +€87,762 | +5.5% |
| Trade receivables | 40 | €540,127 | €487,804 | -€52,323 | -9.7% |
| Other amounts receivable | 41 | €1,047,463 | €1,187,548 | +€140,085 | +13.4% |
| Cash at bank and in hand | 54/58 | €464,836 | €511,719 | +€46,883 | +10.1% |
| Deferred charges and accrued income | 490/1 | €20,260 | €15,112 | -€5,148 | -25.4% |
| Total equity and liabilities | 10/49 | €3,205,816 | €3,303,253 | +€97,437 | +3.0% |
| Equity | 10/15 | €2,243,848 | €2,272,304 | +€28,456 | +1.3% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €1,425,644 | €1,425,644 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,798 | €24,798 | = | 0.0% |
| Distributable reserves | 133 | €1,397,346 | €1,397,346 | = | 0.0% |
| Profit (loss) carried forward | 14 | €783,204 | €811,660 | +€28,456 | +3.6% |
| Amounts payable | 17/49 | €961,968 | €1,030,949 | +€68,982 | +7.2% |
| Amounts payable after more than one year | 17 | €43,409 | €22,895 | -€20,514 | -47.3% |
| Financial debts | 170/4 | €43,409 | €22,895 | -€20,514 | -47.3% |
| Amounts payable within one year | 42/48 | €291,187 | €297,704 | +€6,516 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €19,852 | €20,514 | +€662 | +3.3% |
| Trade debts | 44 | €143,407 | €202,072 | +€58,665 | +40.9% |
| Suppliers | 440/4 | €143,407 | €202,072 | +€58,665 | +40.9% |
| Taxes, remuneration and social security | 45 | €35,994 | €30,357 | -€5,637 | -15.7% |
| Taxes | 450/3 | €3,250 | €9,493 | +€6,243 | +192% |
| Remuneration and social security | 454/9 | €32,744 | €20,864 | -€11,880 | -36.3% |
| Other amounts payable | 47/48 | €91,934 | €44,761 | -€47,174 | -51.3% |
| Accrued charges and deferred income | 492/3 | €627,372 | €710,351 | +€82,979 | +13.2% |
| Remuneration, social security and pensions | 62 | €260,018 | €231,466 | -€28,552 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €165,157 | €165,811 | +€654 | +0.4% |
| Other operating charges | 640/8 | €16,044 | €12,981 | -€3,063 | -19.1% |
| Gross operating margin | 9900 | €534,222 | €403,861 | -€130,361 | -24.4% |
| Operating profit (loss) | 9901 | €93,003 | -€6,396 | -€99,400 | |
| Financial income | 75/76B | €27,038 | €50,195 | +€23,157 | +85.6% |
| Recurring financial income | 75 | €27,038 | €50,195 | +€23,157 | +85.6% |
| Financial charges | 65/66B | €2,052 | €4,052 | +€2,000 | +97.5% |
| Recurring financial charges | 65 | €2,052 | €4,052 | +€2,000 | +97.5% |
| Profit (loss) for the period before taxes | 9903 | €117,990 | €39,746 | -€78,243 | -66.3% |
| Income taxes | 67/77 | €50,284 | €11,291 | -€38,993 | -77.5% |
| Profit (loss) for the period | 9904 | €67,706 | €28,456 | -€39,250 | -58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,706 | €28,456 | -€39,250 | -58.0% |
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 23 October 2026 via checked.be.