Maison Thonnon: 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 Thonnon
Largest movements
- Tangible fixed assets -€28,340
down €28,340 (-17.0%), from €166,374 to €138,034
of which Furniture and vehicles: -€26,261
- Cash -€8,272
down €8,272 (-16.3%), from €50,623 to €42,351
mainly Debts after one year (-€36,496) and Trade debts (-€13,572)
- Receivables within one year -€6,007
down €6,007 (-26.4%), from €22,773 to €16,766
of which Trade receivables: -€11,740
- Debts after one year -€36,496
down €36,496 (-38.5%), from €94,870 to €58,374
of which Financial debts: -€36,496
- Other debts +€18,084
up €18,084 (+443%), from €4,087 to €22,171
- Trade debts -€13,572
down €13,572 (-61.1%), from €22,213 to €8,641
- Tax, wage and social debts -€9,048
down €9,048 (-41.4%), from €21,853 to €12,805
of which Taxes: -€4,820
- Profit (loss) carried forward -€3,895
down €3,895 (-11.0%), from €35,355 to €31,460
- Gross operating margin -€47,914
down €47,914 (-19.9%), from €241,011 to €193,097
- Staff costs -€15,000
down €15,000 (-9.4%), from €159,579 to €144,580
- Taxes -€6,948
down €6,948 (-71.5%), from €9,721 to €2,773
- Depreciation +€6,907
up €6,907 (+22.4%), from €30,815 to €37,722
- Other operating charges -€5,882
down €5,882 (-51.3%), from €11,463 to €5,580
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €265,200 | €221,161 | -€44,039 | -16.6% |
| Fixed assets | 21/28 | €166,483 | €138,143 | -€28,340 | -17.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €166,374 | €138,034 | -€28,340 | -17.0% |
| Land and buildings | 22 | €8,577 | €6,915 | -€1,663 | -19.4% |
| Plant, machinery and equipment | 23 | €8,110 | €6,988 | -€1,122 | -13.8% |
| Furniture and vehicles | 24 | €116,689 | €90,428 | -€26,261 | -22.5% |
| Other tangible fixed assets | 26 | €32,997 | €33,704 | +€707 | +2.1% |
| Financial fixed assets | 28 | €109 | €109 | = | 0.0% |
| Current assets | 29/58 | €98,717 | €83,018 | -€15,699 | -15.9% |
| Stocks and contracts in progress | 3 | €21,908 | €22,528 | +€620 | +2.8% |
| Stocks | 30/36 | €21,908 | €22,528 | +€620 | +2.8% |
| Amounts receivable within one year | 40/41 | €22,773 | €16,766 | -€6,007 | -26.4% |
| Trade receivables | 40 | €22,629 | €10,889 | -€11,740 | -51.9% |
| Other amounts receivable | 41 | €144 | €5,877 | +€5,733 | +3,980% |
| Cash at bank and in hand | 54/58 | €50,623 | €42,351 | -€8,272 | -16.3% |
| Deferred charges and accrued income | 490/1 | €3,414 | €1,374 | -€2,040 | -59.8% |
| Total equity and liabilities | 10/49 | €265,200 | €221,161 | -€44,039 | -16.6% |
| Equity | 10/15 | €84,949 | €81,054 | -€3,895 | -4.6% |
| Contributions | 10/11 | €45,094 | €45,094 | = | 0.0% |
| Reserves | 13 | €4,500 | €4,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,500 | €4,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,355 | €31,460 | -€3,895 | -11.0% |
| Amounts payable | 17/49 | €180,251 | €140,108 | -€40,144 | -22.3% |
| Amounts payable after more than one year | 17 | €94,870 | €58,374 | -€36,496 | -38.5% |
| Financial debts | 170/4 | €93,724 | €57,228 | -€36,496 | -38.9% |
| Other amounts payable | 178/9 | €1,146 | €1,146 | = | 0.0% |
| Amounts payable within one year | 42/48 | €85,381 | €81,734 | -€3,648 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €37,229 | €38,117 | +€888 | +2.4% |
| Trade debts | 44 | €22,213 | €8,641 | -€13,572 | -61.1% |
| Suppliers | 440/4 | €22,213 | €8,641 | -€13,572 | -61.1% |
| Taxes, remuneration and social security | 45 | €21,853 | €12,805 | -€9,048 | -41.4% |
| Taxes | 450/3 | €9,861 | €5,040 | -€4,820 | -48.9% |
| Remuneration and social security | 454/9 | €11,992 | €7,765 | -€4,227 | -35.3% |
| Other amounts payable | 47/48 | €4,087 | €22,171 | +€18,084 | +443% |
| Remuneration, social security and pensions | 62 | €159,579 | €144,580 | -€15,000 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,815 | €37,722 | +€6,907 | +22.4% |
| Other operating charges | 640/8 | €11,463 | €5,580 | -€5,882 | -51.3% |
| Gross operating margin | 9900 | €241,011 | €193,097 | -€47,914 | -19.9% |
| Operating profit (loss) | 9901 | €39,154 | €5,215 | -€33,939 | -86.7% |
| Financial income | 75/76B | €1 | €2 | +€1 | +125% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +125% |
| Financial charges | 65/66B | €4,656 | €6,339 | +€1,683 | +36.2% |
| Recurring financial charges | 65 | €4,656 | €6,339 | +€1,683 | +36.2% |
| Profit (loss) for the period before taxes | 9903 | €34,499 | -€1,122 | -€35,621 | |
| Income taxes | 67/77 | €9,721 | €2,773 | -€6,948 | -71.5% |
| Profit (loss) for the period | 9904 | €24,778 | -€3,895 | -€28,673 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,778 | -€3,895 | -€28,673 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.