MAISON - NETTE: 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 - NETTE
Largest movements
- Stocks and contracts +€40,062
up €40,062 (+101.2%), from €39,583 to €79,645
- Receivables within one year -€9,931
down €9,931 (-32.4%), from €30,636 to €20,704
of which Trade receivables: -€10,960
- Cash +€7,697
up €7,697 (+9.7%), from €79,018 to €86,716
mainly Advances received (+€25,849) and Receivables within one year (+€9,931)
- Tangible fixed assets -€3,610
down €3,610 (-46.7%), from €7,730 to €4,120
of which Other tangible fixed assets: -€2,773
- Advances received +€25,849
up €25,849 (+60.8%), from €42,547 to €68,396
- Trade debts +€7,609
up €7,609 (+53.9%), from €14,111 to €21,719
- Gross operating margin -€16,249
down €16,249 (-20.6%), from €78,872 to €62,623
- Taxes -€4,637
down €4,637 (-73.3%), from €6,327 to €1,689
- Staff costs +€3,471
up €3,471 (+6.9%), from €50,044 to €53,515
- Other operating charges -€1,029
down €1,029 (-30.7%), from €3,351 to €2,322
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 | €167,365 | €201,702 | +€34,337 | +20.5% |
| Fixed assets | 21/28 | €9,471 | €6,829 | -€2,642 | -27.9% |
| Tangible fixed assets | 22/27 | €7,730 | €4,120 | -€3,610 | -46.7% |
| Plant, machinery and equipment | 23 | €4,958 | €3,394 | -€1,564 | -31.5% |
| Furniture and vehicles | 24 | - | €726 | +€726 | |
| Other tangible fixed assets | 26 | €2,773 | €0 | -€2,773 | -100.0% |
| Financial fixed assets | 28 | €1,741 | €2,709 | +€968 | +55.6% |
| Current assets | 29/58 | €157,894 | €194,874 | +€36,980 | +23.4% |
| Stocks and contracts in progress | 3 | €39,583 | €79,645 | +€40,062 | +101.2% |
| Stocks | 30/36 | €39,583 | €79,645 | +€40,062 | +101.2% |
| Amounts receivable within one year | 40/41 | €30,636 | €20,704 | -€9,931 | -32.4% |
| Trade receivables | 40 | €25,950 | €14,990 | -€10,960 | -42.2% |
| Other amounts receivable | 41 | €4,686 | €5,714 | +€1,028 | +21.9% |
| Cash at bank and in hand | 54/58 | €79,018 | €86,716 | +€7,697 | +9.7% |
| Deferred charges and accrued income | 490/1 | €8,657 | €7,809 | -€848 | -9.8% |
| Total equity and liabilities | 10/49 | €167,365 | €201,702 | +€34,337 | +20.5% |
| Equity | 10/15 | €102,770 | €103,068 | +€297 | +0.3% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €16,000 | €16,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,915 | €14,915 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,915 | €7,915 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,085 | €1,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,770 | €17,068 | +€297 | +1.8% |
| Provisions and deferred taxes | 16 | €2,500 | €2,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,500 | €2,500 | = | 0.0% |
| Other liabilities and charges | 164/5 | €2,500 | €2,500 | = | 0.0% |
| Amounts payable | 17/49 | €62,095 | €96,135 | +€34,040 | +54.8% |
| Amounts payable within one year | 42/48 | €58,065 | €92,024 | +€33,959 | +58.5% |
| Trade debts | 44 | €14,111 | €21,719 | +€7,609 | +53.9% |
| Suppliers | 440/4 | €14,111 | €21,719 | +€7,609 | +53.9% |
| Advances received on contracts in progress | 46 | €42,547 | €68,396 | +€25,849 | +60.8% |
| Taxes, remuneration and social security | 45 | €1,408 | €1,909 | +€502 | +35.6% |
| Taxes | 450/3 | €805 | €1,909 | +€1,104 | +137.2% |
| Remuneration and social security | 454/9 | €603 | €0 | -€603 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €4,030 | €4,111 | +€81 | +2.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €50,044 | €53,515 | +€3,471 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,202 | €4,650 | +€447 | +10.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €3,351 | €2,322 | -€1,029 | -30.7% |
| Non-recurring operating charges | 66A | €958 | €0 | -€958 | -100.0% |
| Gross operating margin | 9900 | €78,872 | €62,623 | -€16,249 | -20.6% |
| Operating profit (loss) | 9901 | €20,316 | €2,136 | -€18,180 | -89.5% |
| Financial income | 75/76B | €95 | €86 | -€9 | -9.7% |
| Recurring financial income | 75 | €95 | €86 | -€9 | -9.7% |
| Financial charges | 65/66B | €313 | €235 | -€78 | -24.8% |
| Recurring financial charges | 65 | €313 | €235 | -€78 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €20,098 | €1,987 | -€18,111 | -90.1% |
| Income taxes | 67/77 | €6,327 | €1,689 | -€4,637 | -73.3% |
| Profit (loss) for the period | 9904 | €13,771 | €297 | -€13,474 | -97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,771 | €297 | -€13,474 | -97.8% |
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 5 October 2026 via checked.be.