MAISON BRIGANDS: 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 BRIGANDS
Largest movements
- Stocks and contracts +€114,659
up €114,659 (+71.1%), from €161,184 to €275,843
- Intangible fixed assets +€34,477
new in 2026: €34,477
- Cash +€24,723
up €24,723 (+166%), from €14,894 to €39,617
mainly Debts after one year (+€64,432) and Trade debts (+€53,992)
- Receivables within one year -€7,185
down €7,185 (-26.8%), from €26,797 to €19,613
of which Trade receivables: -€7,185
- Tangible fixed assets -€5,059
down €5,059 (-42.1%), from €12,012 to €6,952
of which Furniture and vehicles: -€3,500
- Debts after one year +€64,432
up €64,432 (+983%), from €6,552 to €70,983
- Trade debts +€53,992
up €53,992 (+73.1%), from €73,855 to €127,847
- Tax, wage and social debts +€21,346
up €21,346 (+175%), from €12,184 to €33,531
of which Remuneration and social security: +€11,493
- Current portion of long-term debt +€14,984
up €14,984 (+126%), from €11,893 to €26,877
- Other debts -€9,051
down €9,051 (-24.6%), from €36,822 to €27,772
- Staff costs +€44,842
up €44,842 (+240%), from €18,688 to €63,530
- Gross operating margin +€42,349
up €42,349 (+70.5%), from €60,051 to €102,400
- Taxes +€5,461
up €5,461 (+463%), from €1,180 to €6,641
- Financial charges +€4,222
up €4,222 (+281%), from €1,502 to €5,724
- Depreciation +€4,135
up €4,135 (+64.1%), from €6,447 to €10,583
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,420 | €380,315 | +€157,896 | +71.0% |
| Fixed assets | 21/28 | €12,012 | €41,629 | +€29,617 | +247% |
| Intangible fixed assets | 21 | - | €34,477 | +€34,477 | |
| Tangible fixed assets | 22/27 | €12,012 | €6,952 | -€5,059 | -42.1% |
| Furniture and vehicles | 24 | €10,452 | €6,952 | -€3,500 | -33.5% |
| Other tangible fixed assets | 26 | €1,560 | €0 | -€1,560 | -100% |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €210,408 | €338,686 | +€128,278 | +61.0% |
| Stocks and contracts in progress | 3 | €161,184 | €275,843 | +€114,659 | +71.1% |
| Stocks | 30/36 | €161,184 | €275,843 | +€114,659 | +71.1% |
| Amounts receivable within one year | 40/41 | €26,797 | €19,613 | -€7,185 | -26.8% |
| Trade receivables | 40 | €26,136 | €18,952 | -€7,185 | -27.5% |
| Other amounts receivable | 41 | €661 | €661 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,894 | €39,617 | +€24,723 | +166% |
| Deferred charges and accrued income | 490/1 | €7,532 | €3,613 | -€3,919 | -52.0% |
| Total equity and liabilities | 10/49 | €222,420 | €380,315 | +€157,896 | +71.0% |
| Equity | 10/15 | €81,013 | €93,305 | +€12,293 | +15.2% |
| Contributions | 10/11 | €10,731 | €10,731 | = | 0.0% |
| Reserves | 13 | €29,553 | €35,553 | +€6,000 | +20.3% |
| Non-distributable reserves | 130/1 | €2,313 | €2,313 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,313 | €2,313 | = | 0.0% |
| Distributable reserves | 133 | €27,240 | €33,240 | +€6,000 | +22.0% |
| Profit (loss) carried forward | 14 | €40,729 | €47,022 | +€6,293 | +15.4% |
| Amounts payable | 17/49 | €141,407 | €287,010 | +€145,603 | +103% |
| Amounts payable after more than one year | 17 | €6,552 | €70,983 | +€64,432 | +983% |
| Financial debts | 170/4 | €6,552 | €70,983 | +€64,432 | +983% |
| Amounts payable within one year | 42/48 | €134,755 | €216,026 | +€81,272 | +60.3% |
| Current portion of amounts payable after more than one year | 42 | €11,893 | €26,877 | +€14,984 | +126% |
| Trade debts | 44 | €73,855 | €127,847 | +€53,992 | +73.1% |
| Suppliers | 440/4 | €73,855 | €127,847 | +€53,992 | +73.1% |
| Taxes, remuneration and social security | 45 | €12,184 | €33,531 | +€21,346 | +175% |
| Taxes | 450/3 | €9,592 | €19,445 | +€9,853 | +103% |
| Remuneration and social security | 454/9 | €2,592 | €14,085 | +€11,493 | +443% |
| Other amounts payable | 47/48 | €36,822 | €27,772 | -€9,051 | -24.6% |
| Accrued charges and deferred income | 492/3 | €100 | €0 | -€100 | -100% |
| Non-recurring operating income | 76A | €3,306 | €0 | -€3,306 | -100% |
| Remuneration, social security and pensions | 62 | €18,688 | €63,530 | +€44,842 | +240% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,447 | €10,583 | +€4,135 | +64.1% |
| Other operating charges | 640/8 | €7,652 | €5,133 | -€2,520 | -32.9% |
| Gross operating margin | 9900 | €60,051 | €102,400 | +€42,349 | +70.5% |
| Operating profit (loss) | 9901 | €27,264 | €23,155 | -€4,109 | -15.1% |
| Financial income | 75/76B | €1,226 | €1,503 | +€277 | +22.6% |
| Recurring financial income | 75 | €1,226 | €1,503 | +€277 | +22.6% |
| Financial charges | 65/66B | €1,502 | €5,724 | +€4,222 | +281% |
| Recurring financial charges | 65 | €1,502 | €5,724 | +€4,222 | +281% |
| Profit (loss) for the period before taxes | 9903 | €26,988 | €18,934 | -€8,054 | -29.8% |
| Income taxes | 67/77 | €1,180 | €6,641 | +€5,461 | +463% |
| Profit (loss) for the period | 9904 | €25,808 | €12,293 | -€13,516 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,808 | €12,293 | -€13,516 | -52.4% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.