MAISON DU DRAGON: 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 DU DRAGON
Largest movements
- Tangible fixed assets -€207,911
down €207,911 (-10.4%), from €2.0m to €1.8m
of which Land and buildings: -€207,911
- Profit (loss) carried forward -€530,057
down €530,057 (-45.0%), from -€1.2m to -€1.7m
- Trade debts +€367,629
up €367,629 (+540%), from €68,111 to €435,740
- Accrued charges and deferred income -€135,846
down €135,846 (-61.6%), from €220,471 to €84,625
- Other debts +€111,647
up €111,647 (+11.7%), from €957,635 to €1.1m
- Debts after one year -€74,623
down €74,623 (-3.5%), from €2.1m to €2.1m
of which Financial debts: -€245,248
- Gross operating margin -€176,687
down €176,687 (-80.4%), from €219,864 to €43,177
- Financial charges +€32,751
up €32,751 (+42.2%), from €77,596 to €110,346
- Other operating charges -€27,390
down €27,390 (-18.1%), from €151,479 to €124,089
- Financial income -€5,499
down €5,499 (-97.3%), from €5,650 to €150
- Staff costs +€2,838
up €2,838 (+2.2%), from €128,125 to €130,963
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 | €2,895,853 | €2,669,896 | -€225,957 | -7.8% |
| Fixed assets | 21/28 | €1,995,456 | €1,787,546 | -€207,911 | -10.4% |
| Tangible fixed assets | 22/27 | €1,992,505 | €1,784,594 | -€207,911 | -10.4% |
| Land and buildings | 22 | €1,992,505 | €1,784,594 | -€207,911 | -10.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €2,951 | €2,951 | = | 0.0% |
| Current assets | 29/58 | €900,397 | €882,351 | -€18,046 | -2.0% |
| Amounts receivable after more than one year | 29 | €849,520 | €849,520 | = | 0.0% |
| Other amounts receivable | 291 | €849,520 | €849,520 | = | 0.0% |
| Stocks and contracts in progress | 3 | €8,040 | €7,398 | -€643 | -8.0% |
| Stocks | 30/36 | €8,040 | €7,398 | -€643 | -8.0% |
| Amounts receivable within one year | 40/41 | €11,650 | €19,586 | +€7,936 | +68.1% |
| Trade receivables | 40 | €3,807 | €6,719 | +€2,912 | +76.5% |
| Other amounts receivable | 41 | €7,843 | €12,867 | +€5,024 | +64.1% |
| Cash at bank and in hand | 54/58 | €30,806 | €5,847 | -€24,959 | -81.0% |
| Deferred charges and accrued income | 490/1 | €381 | - | -€381 | |
| Total equity and liabilities | 10/49 | €2,895,853 | €2,669,896 | -€225,957 | -7.8% |
| Equity | 10/15 | -€769,105 | -€1,299,162 | -€530,057 | -68.9% |
| Contributions | 10/11 | €371,840 | €371,840 | = | 0.0% |
| Reserves | 13 | €37,184 | €37,184 | = | 0.0% |
| Non-distributable reserves | 130/1 | €37,184 | €37,184 | = | 0.0% |
| Reserves not available under the articles | 1311 | €37,184 | €37,184 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,178,130 | -€1,708,186 | -€530,057 | -45.0% |
| Amounts payable | 17/49 | €3,664,958 | €3,969,058 | +€304,100 | +8.3% |
| Amounts payable after more than one year | 17 | €2,136,490 | €2,061,867 | -€74,623 | -3.5% |
| Financial debts | 170/4 | €886,490 | €641,242 | -€245,248 | -27.7% |
| Other amounts payable | 178/9 | €1,250,000 | €1,420,625 | +€170,625 | +13.6% |
| Amounts payable within one year | 42/48 | €1,307,998 | €1,822,566 | +€514,569 | +39.3% |
| Current portion of amounts payable after more than one year | 42 | €253,756 | €289,457 | +€35,702 | +14.1% |
| Financial debts | 43 | €12,271 | €11,658 | -€613 | -5.0% |
| Credit institutions | 430/8 | €12,271 | €11,658 | -€613 | -5.0% |
| Trade debts | 44 | €68,111 | €435,740 | +€367,629 | +540% |
| Suppliers | 440/4 | €68,111 | €435,740 | +€367,629 | +540% |
| Taxes, remuneration and social security | 45 | €16,225 | €16,429 | +€204 | +1.3% |
| Taxes | 450/3 | €16,225 | €16,429 | +€204 | +1.3% |
| Other amounts payable | 47/48 | €957,635 | €1,069,282 | +€111,647 | +11.7% |
| Accrued charges and deferred income | 492/3 | €220,471 | €84,625 | -€135,846 | -61.6% |
| Non-recurring operating income | 76A | €166,171 | - | -€166,171 | |
| Remuneration, social security and pensions | 62 | €128,125 | €130,963 | +€2,838 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207,911 | €207,911 | = | 0.0% |
| Other operating charges | 640/8 | €151,479 | €124,089 | -€27,390 | -18.1% |
| Gross operating margin | 9900 | €219,864 | €43,177 | -€176,687 | -80.4% |
| Operating profit (loss) | 9901 | -€267,651 | -€419,786 | -€152,135 | -56.8% |
| Financial income | 75/76B | €5,650 | €150 | -€5,499 | -97.3% |
| Recurring financial income | 75 | €5,650 | €150 | -€5,499 | -97.3% |
| Financial charges | 65/66B | €77,596 | €110,346 | +€32,751 | +42.2% |
| Recurring financial charges | 65 | €77,596 | €110,346 | +€32,751 | +42.2% |
| Profit (loss) for the period before taxes | 9903 | -€339,597 | -€529,982 | -€190,385 | -56.1% |
| Income taxes | 67/77 | €174 | €75 | -€100 | -57.1% |
| Profit (loss) for the period | 9904 | -€339,771 | -€530,057 | -€190,285 | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€339,771 | -€530,057 | -€190,285 | -56.0% |
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 29 October 2026 via checked.be.