Maison Dorée: what changed
Two fiscal 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 Dorée
Largest movements
- Stocks and contracts +€162,550
up €162,550 (+22.1%), from €735,403 to €897,953
- Cash -€117,682
down €117,682 (-82.5%), from €142,716 to €25,034
mainly Stocks and contracts (-€162,550) and Net result for the year (-€108,791)
- Tangible fixed assets -€73,970
down €73,970 (-19.1%), from €387,792 to €313,822
of which Plant, machinery and equipment: -€44,051
- Other debts +€239,068
up €239,068 (+34.1%), from €701,713 to €940,781
- Profit (loss) carried forward -€108,791
down €108,791 (-38.0%), from €286,387 to €177,596
- Trade debts -€49,064
down €49,064 (-44.6%), from €109,920 to €60,856
- Tax, wage and social debts -€33,436
down €33,436 (-32.2%), from €103,783 to €70,347
of which Remuneration and social security: -€17,892
- Debts after one year -€24,917
down €24,917 (-41.1%), from €60,599 to €35,681
- Gross operating margin -€178,689
down €178,689 (-27.0%), from €661,273 to €482,585
- Staff costs -€45,703
down €45,703 (-8.5%), from €535,860 to €490,157
- Depreciation -€11,647
down €11,647 (-10.9%), from €106,578 to €94,932
- Financial income +€7,093
up €7,093 (+275.9%), from €2,570 to €9,663
of which Non-recurring financial income: +€7,612
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 | €1,482,787 | €1,462,255 | -€20,533 | -1.4% |
| Fixed assets | 21/28 | €388,760 | €314,358 | -€74,402 | -19.1% |
| Intangible fixed assets | 21 | €553 | €121 | -€432 | -78.2% |
| Tangible fixed assets | 22/27 | €387,792 | €313,822 | -€73,970 | -19.1% |
| Plant, machinery and equipment | 23 | €228,280 | €184,229 | -€44,051 | -19.3% |
| Furniture and vehicles | 24 | €159,512 | €129,593 | -€29,919 | -18.8% |
| Financial fixed assets | 28 | €415 | €415 | = | 0.0% |
| Current assets | 29/58 | €1,094,027 | €1,147,896 | +€53,869 | +4.9% |
| Stocks and contracts in progress | 3 | €735,403 | €897,953 | +€162,550 | +22.1% |
| Stocks | 30/36 | €735,403 | €897,953 | +€162,550 | +22.1% |
| Amounts receivable within one year | 40/41 | €148,631 | €143,088 | -€5,543 | -3.7% |
| Trade receivables | 40 | €139,381 | €143,088 | +€3,707 | +2.7% |
| Other amounts receivable | 41 | €9,250 | - | -€9,250 | |
| Cash at bank and in hand | 54/58 | €142,716 | €25,034 | -€117,682 | -82.5% |
| Deferred charges and accrued income | 490/1 | €67,277 | €81,821 | +€14,544 | +21.6% |
| Total equity and liabilities | 10/49 | €1,482,787 | €1,462,255 | -€20,533 | -1.4% |
| Equity | 10/15 | €387,212 | €278,421 | -€108,791 | -28.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €38,852 | €38,852 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €32,655 | €32,655 | = | 0.0% |
| Profit (loss) carried forward | 14 | €286,387 | €177,596 | -€108,791 | -38.0% |
| Amounts payable | 17/49 | €1,095,575 | €1,183,833 | +€88,258 | +8.1% |
| Amounts payable after more than one year | 17 | €60,599 | €35,681 | -€24,917 | -41.1% |
| Financial debts | 170/4 | €60,599 | €35,681 | -€24,917 | -41.1% |
| Amounts payable within one year | 42/48 | €1,020,167 | €1,148,152 | +€127,985 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €79,867 | €76,167 | -€3,700 | -4.6% |
| Trade debts | 44 | €109,920 | €60,856 | -€49,064 | -44.6% |
| Suppliers | 440/4 | €109,920 | €60,856 | -€49,064 | -44.6% |
| Advances received on contracts in progress | 46 | €24,884 | - | -€24,884 | |
| Taxes, remuneration and social security | 45 | €103,783 | €70,347 | -€33,436 | -32.2% |
| Taxes | 450/3 | €45,088 | €29,544 | -€15,544 | -34.5% |
| Remuneration and social security | 454/9 | €58,695 | €40,804 | -€17,892 | -30.5% |
| Other amounts payable | 47/48 | €701,713 | €940,781 | +€239,068 | +34.1% |
| Accrued charges and deferred income | 492/3 | €14,809 | - | -€14,809 | |
| Non-recurring operating income | 76A | €11,643 | - | -€11,643 | |
| Remuneration, social security and pensions | 62 | €535,860 | €490,157 | -€45,703 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,578 | €94,932 | -€11,647 | -10.9% |
| Other operating charges | 640/8 | €3,498 | €3,984 | +€486 | +13.9% |
| Gross operating margin | 9900 | €661,273 | €482,585 | -€178,689 | -27.0% |
| Operating profit (loss) | 9901 | €15,337 | -€106,487 | -€121,824 | |
| Financial income | 75/76B | €2,570 | €9,663 | +€7,093 | +275.9% |
| Recurring financial income | 75 | €2,570 | €2,051 | -€519 | -20.2% |
| Non-recurring financial income | 76B | - | €7,612 | +€7,612 | |
| Financial charges | 65/66B | €8,135 | €11,273 | +€3,139 | +38.6% |
| Recurring financial charges | 65 | €8,135 | €11,273 | +€3,139 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | €9,773 | -€108,097 | -€117,870 | |
| Income taxes | 67/77 | €5,500 | €693 | -€4,807 | -87.4% |
| Profit (loss) for the period | 9904 | €4,273 | -€108,791 | -€113,064 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,273 | -€108,791 | -€113,064 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.