MAISON JOSEPH: 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 JOSEPH
Largest movements
- Receivables within one year +€12,734
up €12,734 (+224%), from €5,674 to €18,408
of which Trade receivables: +€11,890
- Stocks and contracts +€9,360
up €9,360 (+53.3%), from €17,560 to €26,921
- Deferred charges and accrued income +€8,698
new in 2025: €8,698
- Cash -€5,972
down €5,972 (-41.6%), from €14,344 to €8,372
mainly Investment in fixed assets (net) (-€27,517) and Receivables within one year (-€12,734)
- Trade debts +€14,391
up €14,391 (+25.7%), from €55,989 to €70,380
- Current portion of long-term debt +€8,659
up €8,659 (+40.7%), from €21,265 to €29,924
- Tax, wage and social debts +€7,442
up €7,442 (+28.3%), from €26,292 to €33,734
of which Taxes: +€5,284
- Profit (loss) carried forward -€6,418
down €6,418 (-73.2%), from -€8,764 to -€15,181
- Debts after one year +€3,036
up €3,036 (+3.9%), from €76,901 to €79,937
- Gross operating margin -€73,546
down €73,546 (-25.9%), from €284,102 to €210,556
- Staff costs -€67,118
down €67,118 (-26.4%), from €253,921 to €186,803
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 | €214,388 | €241,475 | +€27,087 | +12.6% |
| Fixed assets | 21/28 | €176,810 | €179,077 | +€2,267 | +1.3% |
| Tangible fixed assets | 22/27 | €176,158 | €178,425 | +€2,267 | +1.3% |
| Plant, machinery and equipment | 23 | €92,235 | €93,967 | +€1,732 | +1.9% |
| Furniture and vehicles | 24 | €490 | €283 | -€206 | -42.1% |
| Other tangible fixed assets | 26 | €83,434 | €84,175 | +€741 | +0.9% |
| Financial fixed assets | 28 | €652 | €652 | = | 0.0% |
| Current assets | 29/58 | €37,578 | €62,398 | +€24,820 | +66.0% |
| Stocks and contracts in progress | 3 | €17,560 | €26,921 | +€9,360 | +53.3% |
| Stocks | 30/36 | €17,560 | €26,921 | +€9,360 | +53.3% |
| Amounts receivable within one year | 40/41 | €5,674 | €18,408 | +€12,734 | +224% |
| Trade receivables | 40 | €3,411 | €15,302 | +€11,890 | +349% |
| Other amounts receivable | 41 | €2,263 | €3,106 | +€843 | +37.3% |
| Cash at bank and in hand | 54/58 | €14,344 | €8,372 | -€5,972 | -41.6% |
| Deferred charges and accrued income | 490/1 | - | €8,698 | +€8,698 | |
| Total equity and liabilities | 10/49 | €214,388 | €241,475 | +€27,087 | +12.6% |
| Equity | 10/15 | €1,236 | -€5,181 | -€6,418 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,764 | -€15,181 | -€6,418 | -73.2% |
| Amounts payable | 17/49 | €213,152 | €246,656 | +€33,504 | +15.7% |
| Amounts payable after more than one year | 17 | €76,901 | €79,937 | +€3,036 | +3.9% |
| Financial debts | 170/4 | €76,901 | €79,937 | +€3,036 | +3.9% |
| Amounts payable within one year | 42/48 | €136,251 | €166,719 | +€30,468 | +22.4% |
| Current portion of amounts payable after more than one year | 42 | €21,265 | €29,924 | +€8,659 | +40.7% |
| Trade debts | 44 | €55,989 | €70,380 | +€14,391 | +25.7% |
| Suppliers | 440/4 | €55,989 | €70,380 | +€14,391 | +25.7% |
| Taxes, remuneration and social security | 45 | €26,292 | €33,734 | +€7,442 | +28.3% |
| Taxes | 450/3 | €7,522 | €12,806 | +€5,284 | +70.3% |
| Remuneration and social security | 454/9 | €18,770 | €20,928 | +€2,158 | +11.5% |
| Other amounts payable | 47/48 | €32,705 | €32,680 | -€24 | -0.1% |
| Remuneration, social security and pensions | 62 | €253,921 | €186,803 | -€67,118 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,917 | €25,250 | +€1,333 | +5.6% |
| Other operating charges | 640/8 | €1,110 | €1,383 | +€273 | +24.6% |
| Gross operating margin | 9900 | €284,102 | €210,556 | -€73,546 | -25.9% |
| Operating profit (loss) | 9901 | €5,154 | -€2,881 | -€8,034 | |
| Financial income | 75/76B | €150 | €197 | +€47 | +31.5% |
| Recurring financial income | 75 | €150 | €197 | +€47 | +31.5% |
| Financial charges | 65/66B | €2,618 | €3,575 | +€957 | +36.6% |
| Recurring financial charges | 65 | €2,618 | €3,575 | +€957 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | €2,686 | -€6,258 | -€8,944 | |
| Income taxes | 67/77 | - | €159 | +€159 | |
| Profit (loss) for the period | 9904 | €2,686 | -€6,418 | -€9,104 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,686 | -€6,418 | -€9,104 |
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 31 October 2026 via checked.be.