MAISON DEMARTIN: what changed
MAISON DEMARTIN
Largest movements
- Tangible fixed assets -€13,774
down €13,774 (-13.7%), from €100,482 to €86,708
of which Plant, machinery and equipment: -€8,903
- Cash +€12,831
up €12,831 (+31.2%), from €41,116 to €53,947
mainly Depreciation (+€19,109) and Net result for the year (+€18,705)
- Stocks and contracts +€6,463
up €6,463 (+50.8%), from €12,729 to €19,191
- Receivables within one year +€2,840
up €2,840 (+58.0%), from €4,900 to €7,740
of which Trade receivables: +€3,572
- Deferred charges and accrued income +€1,824
new in 2025: €1,824
- Profit (loss) carried forward +€18,705
up €18,705, from -€2,452 to €16,253
- Trade debts -€10,302
down €10,302 (-50.6%), from €20,360 to €10,059
- Debts after one year -€9,002
down €9,002 (-11.9%), from €75,683 to €66,681
- Tax, wage and social debts +€8,899
up €8,899 (+333%), from €2,673 to €11,572
of which Taxes: +€6,486
- Gross operating margin +€50,993
up €50,993 (+945%), from €5,398 to €56,391
- Depreciation +€12,304
up €12,304 (+181%), from €6,805 to €19,109
- Staff costs +€8,344
new in 2025: €8,344
- Taxes +€3,880
new in 2025: €3,880
- Financial charges +€3,674
up €3,674 (+347%), from €1,057 to €4,731
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,287 | €171,121 | +€8,834 | +5.4% |
| Formation expenses | 20 | €849 | - | -€849 | |
| Fixed assets | 21/28 | €102,694 | €88,419 | -€14,275 | -13.9% |
| Intangible fixed assets | 21 | €2,211 | €1,711 | -€500 | -22.6% |
| Tangible fixed assets | 22/27 | €100,482 | €86,708 | -€13,774 | -13.7% |
| Plant, machinery and equipment | 23 | €54,654 | €45,751 | -€8,903 | -16.3% |
| Furniture and vehicles | 24 | - | €692 | +€692 | |
| Leasing and similar rights | 25 | €5,988 | €3,970 | -€2,018 | -33.7% |
| Other tangible fixed assets | 26 | €39,840 | €36,295 | -€3,545 | -8.9% |
| Current assets | 29/58 | €58,745 | €82,702 | +€23,957 | +40.8% |
| Stocks and contracts in progress | 3 | €12,729 | €19,191 | +€6,463 | +50.8% |
| Stocks | 30/36 | €12,729 | €19,191 | +€6,463 | +50.8% |
| Amounts receivable within one year | 40/41 | €4,900 | €7,740 | +€2,840 | +58.0% |
| Trade receivables | 40 | €4,153 | €7,725 | +€3,572 | +86.0% |
| Other amounts receivable | 41 | €747 | €15 | -€732 | -98.0% |
| Cash at bank and in hand | 54/58 | €41,116 | €53,947 | +€12,831 | +31.2% |
| Deferred charges and accrued income | 490/1 | - | €1,824 | +€1,824 | |
| Total equity and liabilities | 10/49 | €162,287 | €171,121 | +€8,834 | +5.4% |
| Equity | 10/15 | €2,548 | €21,253 | +€18,705 | +734% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,452 | €16,253 | +€18,705 | |
| Amounts payable | 17/49 | €159,739 | €149,868 | -€9,871 | -6.2% |
| Amounts payable after more than one year | 17 | €75,683 | €66,681 | -€9,002 | -11.9% |
| Financial debts | 170/4 | €75,683 | €66,681 | -€9,002 | -11.9% |
| Amounts payable within one year | 42/48 | €84,056 | €83,187 | -€869 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €11,120 | €10,334 | -€786 | -7.1% |
| Trade debts | 44 | €20,360 | €10,059 | -€10,302 | -50.6% |
| Suppliers | 440/4 | €20,360 | €10,059 | -€10,302 | -50.6% |
| Taxes, remuneration and social security | 45 | €2,673 | €11,572 | +€8,899 | +333% |
| Taxes | 450/3 | €8 | €6,494 | +€6,486 | +84,014% |
| Remuneration and social security | 454/9 | €2,666 | €5,079 | +€2,413 | +90.5% |
| Other amounts payable | 47/48 | €49,902 | €51,222 | +€1,321 | +2.6% |
| Remuneration, social security and pensions | 62 | - | €8,344 | +€8,344 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,805 | €19,109 | +€12,304 | +181% |
| Other operating charges | 640/8 | €535 | €1,923 | +€1,388 | +259% |
| Gross operating margin | 9900 | €5,398 | €56,391 | +€50,993 | +945% |
| Operating profit (loss) | 9901 | -€1,942 | €27,016 | +€28,958 | |
| Financial income | 75/76B | €547 | €300 | -€247 | -45.2% |
| Recurring financial income | 75 | €547 | €300 | -€247 | -45.2% |
| Financial charges | 65/66B | €1,057 | €4,731 | +€3,674 | +347% |
| Recurring financial charges | 65 | €1,057 | €4,731 | +€3,674 | +347% |
| Profit (loss) for the period before taxes | 9903 | -€2,452 | €22,585 | +€25,037 | |
| Income taxes | 67/77 | - | €3,880 | +€3,880 | |
| Profit (loss) for the period | 9904 | -€2,452 | €18,705 | +€21,157 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,452 | €18,705 | +€21,157 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.