MAISON MERINOS: 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 MERINOS
Largest movements
- Stocks and contracts -€5,024
down €5,024 (-16.3%), from €30,732 to €25,708
- Tangible fixed assets -€3,844
down €3,844 (-54.0%), from €7,117 to €3,273
of which Furniture and vehicles: -€2,561
- Receivables within one year +€2,074
up €2,074 (+125%), from €1,655 to €3,729
of which Other amounts receivable: +€1,345
- Deferred charges and accrued income +€1,254
up €1,254 (+835%), from €150 to €1,404
- Tax, wage and social debts -€5,870
down €5,870 (-32.2%), from €18,254 to €12,384
of which Taxes: -€5,458
- Profit (loss) carried forward +€5,067
up €5,067 (+28.9%), from €17,553 to €22,620
- Trade debts -€3,935
down €3,935 (-43.0%), from €9,160 to €5,225
- Gross operating margin -€22,956
down €22,956 (-59.8%), from €38,415 to €15,459
- Taxes -€8,774
down €8,774 (-87.8%), from €9,993 to €1,219
- Other operating charges +€2,788
up €2,788 (+143%), from €1,954 to €4,742
- Depreciation -€1,885
down €1,885 (-39.3%), from €4,800 to €2,916
- Financial charges +€725
up €725 (+191%), from €380 to €1,105
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 | €85,427 | €80,689 | -€4,738 | -5.5% |
| Fixed assets | 21/28 | €15,667 | €11,823 | -€3,844 | -24.5% |
| Tangible fixed assets | 22/27 | €7,117 | €3,273 | -€3,844 | -54.0% |
| Plant, machinery and equipment | 23 | €2,721 | €1,439 | -€1,282 | -47.1% |
| Furniture and vehicles | 24 | €4,396 | €1,834 | -€2,561 | -58.3% |
| Financial fixed assets | 28 | €8,550 | €8,550 | = | 0.0% |
| Current assets | 29/58 | €69,761 | €68,866 | -€895 | -1.3% |
| Stocks and contracts in progress | 3 | €30,732 | €25,708 | -€5,024 | -16.3% |
| Stocks | 30/36 | €30,732 | €25,708 | -€5,024 | -16.3% |
| Amounts receivable within one year | 40/41 | €1,655 | €3,729 | +€2,074 | +125% |
| Trade receivables | 40 | €1,655 | €2,384 | +€729 | +44.1% |
| Other amounts receivable | 41 | - | €1,345 | +€1,345 | |
| Cash at bank and in hand | 54/58 | €37,224 | €38,025 | +€801 | +2.2% |
| Deferred charges and accrued income | 490/1 | €150 | €1,404 | +€1,254 | +835% |
| Total equity and liabilities | 10/49 | €85,427 | €80,689 | -€4,738 | -5.5% |
| Equity | 10/15 | €58,013 | €63,080 | +€5,067 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,860 | €21,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,553 | €22,620 | +€5,067 | +28.9% |
| Amounts payable | 17/49 | €27,414 | €17,609 | -€9,806 | -35.8% |
| Amounts payable within one year | 42/48 | €27,414 | €17,609 | -€9,806 | -35.8% |
| Trade debts | 44 | €9,160 | €5,225 | -€3,935 | -43.0% |
| Suppliers | 440/4 | €9,160 | €5,225 | -€3,935 | -43.0% |
| Taxes, remuneration and social security | 45 | €18,254 | €12,384 | -€5,870 | -32.2% |
| Taxes | 450/3 | €17,842 | €12,384 | -€5,458 | -30.6% |
| Remuneration and social security | 454/9 | €412 | - | -€412 | |
| Remuneration, social security and pensions | 62 | €632 | €410 | -€221 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,800 | €2,916 | -€1,885 | -39.3% |
| Other operating charges | 640/8 | €1,954 | €4,742 | +€2,788 | +143% |
| Gross operating margin | 9900 | €38,415 | €15,459 | -€22,956 | -59.8% |
| Operating profit (loss) | 9901 | €31,028 | €7,391 | -€23,637 | -76.2% |
| Financial charges | 65/66B | €380 | €1,105 | +€725 | +191% |
| Recurring financial charges | 65 | €380 | €1,105 | +€725 | +191% |
| Profit (loss) for the period before taxes | 9903 | €30,648 | €6,286 | -€24,363 | -79.5% |
| Income taxes | 67/77 | €9,993 | €1,219 | -€8,774 | -87.8% |
| Profit (loss) for the period | 9904 | €20,655 | €5,067 | -€15,588 | -75.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,655 | €5,067 | -€15,588 | -75.5% |
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 1 November 2026 via checked.be.