MAISON DEMEZ: 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 DEMEZ
Largest movements
- Stocks and contracts -€16,493
down €16,493 (-25.2%), from €65,568 to €49,075
- Tangible fixed assets -€7,534
down €7,534 (-20.0%), from €37,750 to €30,217
of which Furniture and vehicles: -€10,188
- Cash +€2,373
up €2,373 (+54.1%), from €4,383 to €6,756
mainly Trade debts (+€23,866) and Depreciation (+€16,891)
- Deferred charges and accrued income -€1,874
no longer reported in 2025 (was €1,874)
- Receivables within one year +€1,492
up €1,492 (+7.4%), from €20,292 to €21,785
of which Trade receivables: +€1,406
- Profit (loss) carried forward -€35,378
down €35,378 (-73.3%), from -€48,292 to -€83,670
- Trade debts +€23,866
up €23,866 (+174%), from €13,686 to €37,553
- Reserves -€13,853
down €13,853 (-33.3%), from €41,567 to €27,715
of which Distributable reserves: -€13,853
- Other debts +€11,032
up €11,032 (+45.7%), from €24,146 to €35,178
- Debts after one year -€6,968
down €6,968 (-16.4%), from €42,532 to €35,565
- Gross operating margin +€7,358
up €7,358, from -€6,963 to €395
- Depreciation -€3,361
down €3,361 (-16.6%), from €20,252 to €16,891
- Financial charges -€817
down €817 (-20.1%), from €4,063 to €3,247
- Staff costs -€630
down €630 (-3.9%), from €16,229 to €15,599
- Financial income +€584
new in 2025: €584
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 | €133,891 | €111,422 | -€22,468 | -16.8% |
| Fixed assets | 21/28 | €41,774 | €33,807 | -€7,967 | -19.1% |
| Intangible fixed assets | 21 | €3,899 | €3,465 | -€433 | -11.1% |
| Tangible fixed assets | 22/27 | €37,750 | €30,217 | -€7,534 | -20.0% |
| Plant, machinery and equipment | 23 | €4,889 | €7,543 | +€2,655 | +54.3% |
| Furniture and vehicles | 24 | €32,862 | €22,673 | -€10,188 | -31.0% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €92,117 | €77,615 | -€14,502 | -15.7% |
| Stocks and contracts in progress | 3 | €65,568 | €49,075 | -€16,493 | -25.2% |
| Stocks | 30/36 | €65,568 | €49,075 | -€16,493 | -25.2% |
| Amounts receivable within one year | 40/41 | €20,292 | €21,785 | +€1,492 | +7.4% |
| Trade receivables | 40 | €20,209 | €21,615 | +€1,406 | +7.0% |
| Other amounts receivable | 41 | €84 | €170 | +€86 | +103% |
| Cash at bank and in hand | 54/58 | €4,383 | €6,756 | +€2,373 | +54.1% |
| Deferred charges and accrued income | 490/1 | €1,874 | - | -€1,874 | |
| Total equity and liabilities | 10/49 | €133,891 | €111,422 | -€22,468 | -16.8% |
| Equity | 10/15 | €11,875 | -€37,356 | -€49,231 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,567 | €27,715 | -€13,853 | -33.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,707 | €25,855 | -€13,853 | -34.9% |
| Profit (loss) carried forward | 14 | -€48,292 | -€83,670 | -€35,378 | -73.3% |
| Amounts payable | 17/49 | €122,016 | €148,778 | +€26,762 | +21.9% |
| Amounts payable after more than one year | 17 | €42,532 | €35,565 | -€6,968 | -16.4% |
| Financial debts | 170/4 | €42,532 | €35,565 | -€6,968 | -16.4% |
| Amounts payable within one year | 42/48 | €78,634 | €108,113 | +€29,480 | +37.5% |
| Current portion of amounts payable after more than one year | 42 | €10,265 | €6,968 | -€3,297 | -32.1% |
| Financial debts | 43 | €24,257 | €19,987 | -€4,270 | -17.6% |
| Credit institutions | 430/8 | €24,257 | €19,987 | -€4,270 | -17.6% |
| Trade debts | 44 | €13,686 | €37,553 | +€23,866 | +174% |
| Suppliers | 440/4 | €13,686 | €37,553 | +€23,866 | +174% |
| Taxes, remuneration and social security | 45 | €6,280 | €8,428 | +€2,149 | +34.2% |
| Taxes | 450/3 | €2,290 | €4,156 | +€1,866 | +81.5% |
| Remuneration and social security | 454/9 | €3,990 | €4,272 | +€283 | +7.1% |
| Other amounts payable | 47/48 | €24,146 | €35,178 | +€11,032 | +45.7% |
| Accrued charges and deferred income | 492/3 | €850 | €5,100 | +€4,250 | +500% |
| Non-recurring operating income | 76A | €582 | €60 | -€522 | -89.7% |
| Remuneration, social security and pensions | 62 | €16,229 | €15,599 | -€630 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,252 | €16,891 | -€3,361 | -16.6% |
| Other operating charges | 640/8 | €508 | €335 | -€173 | -34.0% |
| Gross operating margin | 9900 | -€6,963 | €395 | +€7,358 | |
| Operating profit (loss) | 9901 | -€43,952 | -€32,431 | +€11,521 | +26.2% |
| Financial income | 75/76B | - | €584 | +€584 | |
| Recurring financial income | 75 | - | €584 | +€584 | |
| Financial charges | 65/66B | €4,063 | €3,247 | -€817 | -20.1% |
| Recurring financial charges | 65 | €4,063 | €3,247 | -€817 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | -€48,015 | -€35,093 | +€12,922 | +26.9% |
| Income taxes | 67/77 | €277 | €285 | +€7 | +2.7% |
| Profit (loss) for the period | 9904 | -€48,292 | -€35,378 | +€12,914 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,292 | -€35,378 | +€12,914 | +26.7% |
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 18 October 2026 via checked.be.