MAISON KINDT: 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 KINDT
Largest movements
- Cash -€170,086
down €170,086 (-70.4%), from €241,652 to €71,566
mainly Contributions, distributions and other (-€191,000) and Current investments (-€150,000)
- Current investments +€150,000
up €150,000, from €0 to €150,000
- Receivables within one year +€74,934
up €74,934 (+61.2%), from €122,504 to €197,438
of which Other amounts receivable: +€84,416
- Tangible fixed assets -€44,998
down €44,998 (-8.8%), from €512,720 to €467,723
of which Land and buildings: -€151,096
- Debts after one year +€182,043
up €182,043 (+58.2%), from €312,921 to €494,964
- Reserves -€147,496
down €147,496 (-34.7%), from €424,969 to €277,473
- Other debts -€50,000
down €50,000 (-100%), from €50,000 to €0
- Current portion of long-term debt +€18,238
up €18,238 (+47.7%), from €38,224 to €56,462
- Tax, wage and social debts +€11,328
up €11,328 (+132%), from €8,553 to €19,881
of which Taxes: +€10,715
- Gross operating margin -€13,573
down €13,573 (-7.4%), from €183,608 to €170,035
- Depreciation -€9,544
down €9,544 (-16.8%), from €56,704 to €47,160
- Staff costs +€3,242
up €3,242 (+5.8%), from €55,542 to €58,783
- Taxes -€3,157
down €3,157 (-20.6%), from €15,318 to €12,161
- Financial income -€1,950
down €1,950 (-20.1%), from €9,697 to €7,747
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 | €878,627 | €888,196 | +€9,570 | +1.1% |
| Fixed assets | 21/28 | €512,720 | €467,723 | -€44,998 | -8.8% |
| Tangible fixed assets | 22/27 | €512,720 | €467,723 | -€44,998 | -8.8% |
| Land and buildings | 22 | €431,870 | €280,774 | -€151,096 | -35.0% |
| Plant, machinery and equipment | 23 | €13,813 | €7,453 | -€6,359 | -46.0% |
| Furniture and vehicles | 24 | €67,038 | €49,113 | -€17,925 | -26.7% |
| Other tangible fixed assets | 26 | - | €130,383 | +€130,383 | |
| Current assets | 29/58 | €365,906 | €420,474 | +€54,567 | +14.9% |
| Amounts receivable within one year | 40/41 | €122,504 | €197,438 | +€74,934 | +61.2% |
| Trade receivables | 40 | €11,751 | €2,269 | -€9,482 | -80.7% |
| Other amounts receivable | 41 | €110,753 | €195,169 | +€84,416 | +76.2% |
| Current investments | 50/53 | €0 | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €241,652 | €71,566 | -€170,086 | -70.4% |
| Deferred charges and accrued income | 490/1 | €1,750 | €1,470 | -€280 | -16.0% |
| Total equity and liabilities | 10/49 | €878,627 | €888,196 | +€9,570 | +1.1% |
| Equity | 10/15 | €444,969 | €297,473 | -€147,496 | -33.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €424,969 | €277,473 | -€147,496 | -34.7% |
| Distributable reserves | 133 | €424,969 | €277,473 | -€147,496 | -34.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €433,658 | €590,723 | +€157,066 | +36.2% |
| Amounts payable after more than one year | 17 | €312,921 | €494,964 | +€182,043 | +58.2% |
| Financial debts | 170/4 | €312,921 | €494,964 | +€182,043 | +58.2% |
| Amounts payable within one year | 42/48 | €120,737 | €94,759 | -€25,978 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €38,224 | €56,462 | +€18,238 | +47.7% |
| Trade debts | 44 | €23,960 | €18,417 | -€5,543 | -23.1% |
| Suppliers | 440/4 | €23,960 | €18,417 | -€5,543 | -23.1% |
| Taxes, remuneration and social security | 45 | €8,553 | €19,881 | +€11,328 | +132% |
| Taxes | 450/3 | €2,367 | €13,082 | +€10,715 | +453% |
| Remuneration and social security | 454/9 | €6,186 | €6,799 | +€613 | +9.9% |
| Other amounts payable | 47/48 | €50,000 | €0 | -€50,000 | -100% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €55,542 | €58,783 | +€3,242 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,704 | €47,160 | -€9,544 | -16.8% |
| Other operating charges | 640/8 | €2,475 | €3,185 | +€710 | +28.7% |
| Gross operating margin | 9900 | €183,608 | €170,035 | -€13,573 | -7.4% |
| Operating profit (loss) | 9901 | €68,887 | €60,907 | -€7,980 | -11.6% |
| Financial income | 75/76B | €9,697 | €7,747 | -€1,950 | -20.1% |
| Recurring financial income | 75 | €9,697 | €7,747 | -€1,950 | -20.1% |
| Financial charges | 65/66B | €12,616 | €12,988 | +€372 | +3.0% |
| Recurring financial charges | 65 | €12,616 | €12,988 | +€372 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €65,967 | €55,665 | -€10,302 | -15.6% |
| Income taxes | 67/77 | €15,318 | €12,161 | -€3,157 | -20.6% |
| Profit (loss) for the period | 9904 | €50,649 | €43,504 | -€7,145 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,649 | €43,504 | -€7,145 | -14.1% |
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 20 October 2026 via checked.be.