MAISON MARCEL: 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 MARCEL
Largest movements
- Tangible fixed assets -€6,829
down €6,829 (-31.0%), from €22,012 to €15,183
of which Plant, machinery and equipment: -€6,096
- Cash +€5,757
up €5,757 (+31.1%), from €18,526 to €24,283
mainly Other debts (+€9,947) and Depreciation (+€7,971)
- Deferred charges and accrued income +€1,755
up €1,755 (+210.2%), from €835 to €2,590
- Receivables within one year +€954
up €954 (+56.8%), from €1,679 to €2,633
- Other debts +€9,947
up €9,947 (+20.0%), from €49,840 to €59,786
- Current portion of long-term debt -€6,202
down €6,202 (-100.0%), from €6,202 to €0
- Tax, wage and social debts -€4,676
down €4,676 (-70.7%), from €6,618 to €1,942
of which Taxes: -€6,176
- Trade debts +€2,350
up €2,350 (+17.6%), from €13,381 to €15,730
- Gross operating margin +€3,011
up €3,011 (+45.9%), from €6,566 to €9,577
- Taxes +€213
up €213, from -€213 to €0
- Depreciation +€182
up €182 (+2.3%), from €7,789 to €7,971
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 | €52,051 | €53,689 | +€1,637 | +3.1% |
| Fixed assets | 21/28 | €22,012 | €15,183 | -€6,829 | -31.0% |
| Tangible fixed assets | 22/27 | €22,012 | €15,183 | -€6,829 | -31.0% |
| Land and buildings | 22 | €2,514 | €2,127 | -€387 | -15.4% |
| Plant, machinery and equipment | 23 | €19,151 | €13,056 | -€6,096 | -31.8% |
| Furniture and vehicles | 24 | €347 | €0 | -€347 | -100.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €30,040 | €38,506 | +€8,466 | +28.2% |
| Stocks and contracts in progress | 3 | €9,000 | €9,000 | = | 0.0% |
| Stocks | 30/36 | €9,000 | €9,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,679 | €2,633 | +€954 | +56.8% |
| Trade receivables | 40 | €1,679 | €2,633 | +€954 | +56.8% |
| Cash at bank and in hand | 54/58 | €18,526 | €24,283 | +€5,757 | +31.1% |
| Deferred charges and accrued income | 490/1 | €835 | €2,590 | +€1,755 | +210.2% |
| Total equity and liabilities | 10/49 | €52,051 | €53,689 | +€1,637 | +3.1% |
| Equity | 10/15 | -€24,389 | -€24,170 | +€219 | +0.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,389 | -€29,170 | +€219 | +0.7% |
| Amounts payable | 17/49 | €76,440 | €77,858 | +€1,418 | +1.9% |
| Amounts payable after more than one year | 17 | €400 | €400 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €400 | €400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €76,040 | €77,458 | +€1,418 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €6,202 | €0 | -€6,202 | -100.0% |
| Trade debts | 44 | €13,381 | €15,730 | +€2,350 | +17.6% |
| Suppliers | 440/4 | €13,381 | €15,730 | +€2,350 | +17.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,618 | €1,942 | -€4,676 | -70.7% |
| Taxes | 450/3 | €6,618 | €442 | -€6,176 | -93.3% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €49,840 | €59,786 | +€9,947 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,789 | €7,971 | +€182 | +2.3% |
| Other operating charges | 640/8 | €898 | €864 | -€34 | -3.8% |
| Gross operating margin | 9900 | €6,566 | €9,577 | +€3,011 | +45.9% |
| Operating profit (loss) | 9901 | -€2,121 | €741 | +€2,862 | |
| Financial income | 75/76B | €13 | €7 | -€6 | -45.8% |
| Recurring financial income | 75 | €13 | €7 | -€6 | -45.8% |
| Financial charges | 65/66B | €608 | €530 | -€79 | -12.9% |
| Recurring financial charges | 65 | €608 | €530 | -€79 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,716 | €219 | +€2,935 | |
| Income taxes | 67/77 | -€213 | €0 | +€213 | |
| Profit (loss) for the period | 9904 | -€2,503 | €219 | +€2,722 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,503 | €219 | +€2,722 |
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 2 October 2026 via checked.be.