MAISON MARTIN: 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 MARTIN
Largest movements
- Tangible fixed assets -€10,908
down €10,908 (-6.1%), from €179,454 to €168,546
of which Land and buildings: -€6,281
- Stocks and contracts -€8,838
down €8,838 (-2.4%), from €374,748 to €365,910
- Trade debts -€16,273
down €16,273 (-22.7%), from €71,635 to €55,362
- Profit (loss) carried forward -€11,506
down €11,506 (-6.3%), from €183,824 to €172,318
- Other debts +€9,522
up €9,522 (+402%), from €2,369 to €11,891
- Gross operating margin -€56,038
down €56,038 (-84.4%), from €66,394 to €10,356
- Write-downs -€13,094
no longer reported in 2024 (was €13,094)
- Financial charges +€2,272
up €2,272 (+120%), from €1,887 to €4,159
- Financial income -€1,353
no longer reported in 2024 (was €1,353)
- Taxes +€894
up €894 (+28.8%), from €3,106 to €4,000
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €761,109 | €739,987 | -€21,121 | -2.8% |
| Fixed assets | 21/28 | €185,029 | €174,121 | -€10,908 | -5.9% |
| Tangible fixed assets | 22/27 | €179,454 | €168,546 | -€10,908 | -6.1% |
| Land and buildings | 22 | €150,767 | €144,486 | -€6,281 | -4.2% |
| Plant, machinery and equipment | 23 | €25,425 | €20,030 | -€5,395 | -21.2% |
| Furniture and vehicles | 24 | €1,678 | €2,814 | +€1,136 | +67.7% |
| Leasing and similar rights | 25 | €1,531 | €1,216 | -€316 | -20.6% |
| Other tangible fixed assets | 26 | €52 | €0 | -€52 | -100.0% |
| Financial fixed assets | 28 | €5,575 | €5,575 | = | 0.0% |
| Current assets | 29/58 | €576,080 | €565,866 | -€10,214 | -1.8% |
| Stocks and contracts in progress | 3 | €374,748 | €365,910 | -€8,838 | -2.4% |
| Stocks | 30/36 | €374,748 | €365,910 | -€8,838 | -2.4% |
| Amounts receivable within one year | 40/41 | €154,765 | €156,092 | +€1,328 | +0.9% |
| Trade receivables | 40 | €145,957 | €143,469 | -€2,488 | -1.7% |
| Other amounts receivable | 41 | €8,808 | €12,623 | +€3,815 | +43.3% |
| Cash at bank and in hand | 54/58 | €46,568 | €43,864 | -€2,704 | -5.8% |
| Total equity and liabilities | 10/49 | €761,109 | €739,987 | -€21,121 | -2.8% |
| Equity | 10/15 | €674,164 | €662,658 | -€11,506 | -1.7% |
| Contributions | 10/11 | €174,600 | €174,600 | = | 0.0% |
| Reserves | 13 | €315,740 | €315,740 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,490 | €3,490 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,490 | €3,490 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €256,000 | €256,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €183,824 | €172,318 | -€11,506 | -6.3% |
| Amounts payable | 17/49 | €86,944 | €77,329 | -€9,615 | -11.1% |
| Amounts payable within one year | 42/48 | €86,944 | €77,329 | -€9,615 | -11.1% |
| Trade debts | 44 | €71,635 | €55,362 | -€16,273 | -22.7% |
| Suppliers | 440/4 | €71,635 | €55,362 | -€16,273 | -22.7% |
| Taxes, remuneration and social security | 45 | €12,940 | €10,076 | -€2,864 | -22.1% |
| Taxes | 450/3 | €12,940 | €10,076 | -€2,864 | -22.1% |
| Other amounts payable | 47/48 | €2,369 | €11,891 | +€9,522 | +402% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,730 | €12,943 | +€213 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,094 | - | -€13,094 | |
| Other operating charges | 640/8 | €917 | €761 | -€157 | -17.1% |
| Non-recurring operating charges | 66A | €305 | - | -€305 | |
| Gross operating margin | 9900 | €66,394 | €10,356 | -€56,038 | -84.4% |
| Operating profit (loss) | 9901 | €39,346 | -€3,347 | -€42,694 | |
| Financial income | 75/76B | €1,353 | - | -€1,353 | |
| Recurring financial income | 75 | €1,353 | - | -€1,353 | |
| Financial charges | 65/66B | €1,887 | €4,159 | +€2,272 | +120% |
| Recurring financial charges | 65 | €1,887 | €4,159 | +€2,272 | +120% |
| Profit (loss) for the period before taxes | 9903 | €38,812 | -€7,506 | -€46,318 | |
| Income taxes | 67/77 | €3,106 | €4,000 | +€894 | +28.8% |
| Profit (loss) for the period | 9904 | €35,706 | -€11,506 | -€47,213 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,706 | -€11,506 | -€47,213 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.