MAISON CESSION: 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 CESSION
Largest movements
- Receivables within one year -€58,062
down €58,062 (-78.1%), from €74,366 to €16,305
of which Trade receivables: -€48,636
- Cash +€24,384
up €24,384 (+96.2%), from €25,337 to €49,721
mainly Receivables within one year (+€58,062) and Short-term financial debts (+€36,984)
- Tangible fixed assets -€17,654
down €17,654 (-55.0%), from €32,074 to €14,420
of which Furniture and vehicles: -€15,203
- Stocks and contracts +€9,016
up €9,016 (+1.5%), from €614,627 to €623,643
- Profit (loss) carried forward -€48,762
down €48,762 (-91.6%), from -€53,240 to -€102,001
- Trade debts -€41,286
down €41,286 (-51.5%), from €80,194 to €38,908
- Short-term financial debts +€36,984
up €36,984 (+85.8%), from €43,120 to €80,104
- Tax, wage and social debts +€15,673
up €15,673 (+137.0%), from €11,441 to €27,115
of which Taxes: +€12,212
- Gross operating margin +€25,765
up €25,765 (+243.1%), from €10,600 to €36,366
- Depreciation -€15,881
down €15,881 (-75.5%), from €21,031 to €5,150
- Financial charges -€10,964
down €10,964 (-65.5%), from €16,751 to €5,787
- Staff costs -€3,245
down €3,245 (-4.4%), from €73,330 to €70,085
- Other operating charges +€2,959
up €2,959 (+259.0%), from €1,142 to €4,101
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.
Cash bridge derived
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 | €782,596 | €735,150 | -€47,446 | -6.1% |
| Fixed assets | 21/28 | €32,193 | €14,539 | -€17,654 | -54.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €32,074 | €14,420 | -€17,654 | -55.0% |
| Furniture and vehicles | 24 | €17,026 | €1,822 | -€15,203 | -89.3% |
| Other tangible fixed assets | 26 | €15,048 | €12,597 | -€2,451 | -16.3% |
| Financial fixed assets | 28 | €119 | €119 | = | 0.0% |
| Current assets | 29/58 | €750,403 | €720,611 | -€29,792 | -4.0% |
| Stocks and contracts in progress | 3 | €614,627 | €623,643 | +€9,016 | +1.5% |
| Stocks | 30/36 | €614,627 | €623,643 | +€9,016 | +1.5% |
| Amounts receivable within one year | 40/41 | €74,366 | €16,305 | -€58,062 | -78.1% |
| Trade receivables | 40 | €50,302 | €1,666 | -€48,636 | -96.7% |
| Other amounts receivable | 41 | €24,064 | €14,638 | -€9,426 | -39.2% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €25,337 | €49,721 | +€24,384 | +96.2% |
| Deferred charges and accrued income | 490/1 | €36,072 | €30,942 | -€5,130 | -14.2% |
| Total equity and liabilities | 10/49 | €782,596 | €735,150 | -€47,446 | -6.1% |
| Equity | 10/15 | €456,810 | €408,048 | -€48,762 | -10.7% |
| Contributions | 10/11 | €420,000 | €420,000 | = | 0.0% |
| Capital | 10 | €420,000 | €420,000 | = | 0.0% |
| Issued capital | 100 | €420,000 | €420,000 | = | 0.0% |
| Reserves | 13 | €90,049 | €90,049 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,100 | €14,100 | = | 0.0% |
| Legal reserve | 130 | €14,100 | €14,100 | = | 0.0% |
| Distributable reserves | 133 | €75,949 | €75,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,240 | -€102,001 | -€48,762 | -91.6% |
| Amounts payable | 17/49 | €325,786 | €327,102 | +€1,316 | +0.4% |
| Amounts payable within one year | 42/48 | €317,186 | €325,961 | +€8,775 | +2.8% |
| Financial debts | 43 | €43,120 | €80,104 | +€36,984 | +85.8% |
| Credit institutions | 430/8 | €43,120 | €80,104 | +€36,984 | +85.8% |
| Trade debts | 44 | €80,194 | €38,908 | -€41,286 | -51.5% |
| Suppliers | 440/4 | €80,194 | €38,908 | -€41,286 | -51.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €11,441 | €27,115 | +€15,673 | +137.0% |
| Taxes | 450/3 | €1,916 | €14,128 | +€12,212 | +637.5% |
| Remuneration and social security | 454/9 | €9,526 | €12,987 | +€3,461 | +36.3% |
| Other amounts payable | 47/48 | €182,430 | €179,834 | -€2,596 | -1.4% |
| Accrued charges and deferred income | 492/3 | €8,600 | €1,141 | -€7,460 | -86.7% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €73,330 | €70,085 | -€3,245 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,031 | €5,150 | -€15,881 | -75.5% |
| Other operating charges | 640/8 | €1,142 | €4,101 | +€2,959 | +259.0% |
| Gross operating margin | 9900 | €10,600 | €36,366 | +€25,765 | +243.1% |
| Operating profit (loss) | 9901 | -€84,903 | -€42,970 | +€41,933 | +49.4% |
| Financial income | 75/76B | €557 | €357 | -€200 | -35.9% |
| Recurring financial income | 75 | €557 | €357 | -€200 | -35.9% |
| Financial charges | 65/66B | €16,751 | €5,787 | -€10,964 | -65.5% |
| Recurring financial charges | 65 | €16,751 | €5,787 | -€10,964 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | -€101,097 | -€48,400 | +€52,697 | +52.1% |
| Income taxes | 67/77 | €386 | €362 | -€24 | -6.3% |
| Profit (loss) for the period | 9904 | -€101,483 | -€48,762 | +€52,722 | +52.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€101,483 | -€48,762 | +€52,722 | +52.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.