MAISON E. ANDRE: 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 E. ANDRE
Largest movements
- Stocks and contracts -€7,266
down €7,266 (-5.0%), from €145,341 to €138,075
- Tangible fixed assets -€2,443
down €2,443 (-13.6%), from €17,987 to €15,544
of which Plant, machinery and equipment: -€1,552
- Profit (loss) carried forward -€18,682
down €18,682 (-6.0%), from -€309,583 to -€328,265
- Debts after one year +€7,630
up €7,630 (+1.9%), from €398,939 to €406,569
- Gross operating margin -€11,881
down €11,881, from €3,130 to -€8,751
- Other operating charges +€1,161
up €1,161 (+61.1%), from €1,900 to €3,062
- Financial charges -€200
down €200 (-4.3%), from €4,626 to €4,426
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 | €167,740 | €156,887 | -€10,853 | -6.5% |
| Fixed assets | 21/28 | €20,798 | €18,355 | -€2,443 | -11.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | 0.0% |
| Tangible fixed assets | 22/27 | €17,987 | €15,544 | -€2,443 | -13.6% |
| Land and buildings | 22 | €7,123 | €6,232 | -€891 | -12.5% |
| Plant, machinery and equipment | 23 | €10,864 | €9,312 | -€1,552 | -14.3% |
| Financial fixed assets | 28 | €2,811 | €2,811 | = | 0.0% |
| Current assets | 29/58 | €146,942 | €138,532 | -€8,410 | -5.7% |
| Stocks and contracts in progress | 3 | €145,341 | €138,075 | -€7,266 | -5.0% |
| Stocks | 30/36 | €145,341 | €138,075 | -€7,266 | -5.0% |
| Amounts receivable within one year | 40/41 | €1,381 | €9 | -€1,372 | -99.3% |
| Trade receivables | 40 | €1,372 | - | -€1,372 | |
| Other amounts receivable | 41 | €9 | €9 | = | 0.0% |
| Current investments | 50/53 | €73 | €73 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €147 | €375 | +€228 | +154.9% |
| Total equity and liabilities | 10/49 | €167,740 | €156,887 | -€10,853 | -6.5% |
| Equity | 10/15 | -€245,626 | -€264,308 | -€18,682 | -7.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €1,983 | €1,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,983 | €1,983 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,983 | €1,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€309,583 | -€328,265 | -€18,682 | -6.0% |
| Amounts payable | 17/49 | €413,366 | €421,195 | +€7,829 | +1.9% |
| Amounts payable after more than one year | 17 | €398,939 | €406,569 | +€7,630 | +1.9% |
| Other amounts payable | 178/9 | €398,939 | €406,569 | +€7,630 | +1.9% |
| Amounts payable within one year | 42/48 | €14,427 | €14,626 | +€199 | +1.4% |
| Financial debts | 43 | €4,162 | €3,350 | -€812 | -19.5% |
| Credit institutions | 430/8 | €4,162 | €3,350 | -€812 | -19.5% |
| Trade debts | 44 | €8,721 | €9,181 | +€460 | +5.3% |
| Suppliers | 440/4 | €8,721 | €9,181 | +€460 | +5.3% |
| Taxes, remuneration and social security | 45 | €1,348 | €1,899 | +€551 | +40.9% |
| Taxes | 450/3 | €1,348 | €1,899 | +€551 | +40.9% |
| Other amounts payable | 47/48 | €197 | €197 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,443 | €2,443 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,900 | €3,062 | +€1,161 | +61.1% |
| Gross operating margin | 9900 | €3,130 | -€8,751 | -€11,881 | |
| Operating profit (loss) | 9901 | -€1,214 | -€14,256 | -€13,042 | -1074.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €4,626 | €4,426 | -€200 | -4.3% |
| Recurring financial charges | 65 | €4,626 | €4,426 | -€200 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,839 | -€18,682 | -€12,842 | -219.9% |
| Profit (loss) for the period | 9904 | -€5,839 | -€18,682 | -€12,842 | -219.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,839 | -€18,682 | -€12,842 | -219.9% |
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 3 October 2026 via checked.be.