Maison Vincent: 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 Vincent
Largest movements
- Intangible fixed assets -€10,000
down €10,000 (-19.7%), from €50,822 to €40,822
- Cash -€5,097
down €5,097 (-19.6%), from €26,024 to €20,928
mainly Contributions, distributions and other (-€20,000) and Other debts (-€5,746)
- Tangible fixed assets -€4,162
down €4,162 (-15.4%), from €27,106 to €22,944
of which Other tangible fixed assets: -€4,518
- Profit (loss) carried forward -€14,638
down €14,638 (-35.3%), from €41,470 to €26,833
- Other debts -€5,746
down €5,746 (-20.3%), from €28,287 to €22,542
- Debts after one year -€5,230
down €5,230 (-85.5%), from €6,115 to €885
- Trade debts +€3,005
up €3,005 (+230.6%), from €1,303 to €4,308
- Tax, wage and social debts +€2,905
up €2,905 (+10.8%), from €26,945 to €29,850
of which Remuneration and social security: +€1,626
- Gross operating margin -€14,243
down €14,243 (-17.7%), from €80,327 to €66,084
- Staff costs +€5,724
up €5,724 (+23.1%), from €24,753 to €30,477
- Taxes -€4,628
down €4,628 (-62.9%), from €7,354 to €2,726
- Depreciation -€1,819
down €1,819 (-8.8%), from €20,781 to €18,962
- Other operating charges +€1,598
up €1,598 (+207.6%), from €770 to €2,368
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 | €114,222 | €94,647 | -€19,575 | -17.1% |
| Fixed assets | 21/28 | €77,928 | €63,766 | -€14,162 | -18.2% |
| Intangible fixed assets | 21 | €50,822 | €40,822 | -€10,000 | -19.7% |
| Tangible fixed assets | 22/27 | €27,106 | €22,944 | -€4,162 | -15.4% |
| Plant, machinery and equipment | 23 | €16,763 | €16,466 | -€297 | -1.8% |
| Furniture and vehicles | 24 | €935 | €1,588 | +€653 | +69.8% |
| Other tangible fixed assets | 26 | €9,408 | €4,890 | -€4,518 | -48.0% |
| Current assets | 29/58 | €36,294 | €30,881 | -€5,414 | -14.9% |
| Stocks and contracts in progress | 3 | €8,800 | €7,658 | -€1,142 | -13.0% |
| Stocks | 30/36 | €8,800 | €7,658 | -€1,142 | -13.0% |
| Amounts receivable within one year | 40/41 | €764 | €1,839 | +€1,076 | +140.8% |
| Trade receivables | 40 | €494 | €220 | -€274 | -55.4% |
| Other amounts receivable | 41 | €270 | €1,619 | +€1,349 | +500.3% |
| Cash at bank and in hand | 54/58 | €26,024 | €20,928 | -€5,097 | -19.6% |
| Deferred charges and accrued income | 490/1 | €707 | €456 | -€251 | -35.5% |
| Total equity and liabilities | 10/49 | €114,222 | €94,647 | -€19,575 | -17.1% |
| Equity | 10/15 | €46,470 | €31,833 | -€14,638 | -31.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,470 | €26,833 | -€14,638 | -35.3% |
| Amounts payable | 17/49 | €67,752 | €62,814 | -€4,938 | -7.3% |
| Amounts payable after more than one year | 17 | €6,115 | €885 | -€5,230 | -85.5% |
| Financial debts | 170/4 | €6,115 | €885 | -€5,230 | -85.5% |
| Amounts payable within one year | 42/48 | €61,637 | €61,930 | +€292 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €5,102 | €5,230 | +€128 | +2.5% |
| Trade debts | 44 | €1,303 | €4,308 | +€3,005 | +230.6% |
| Suppliers | 440/4 | €1,303 | €4,308 | +€3,005 | +230.6% |
| Taxes, remuneration and social security | 45 | €26,945 | €29,850 | +€2,905 | +10.8% |
| Taxes | 450/3 | €23,011 | €24,290 | +€1,279 | +5.6% |
| Remuneration and social security | 454/9 | €3,935 | €5,561 | +€1,626 | +41.3% |
| Other amounts payable | 47/48 | €28,287 | €22,542 | -€5,746 | -20.3% |
| Remuneration, social security and pensions | 62 | €24,753 | €30,477 | +€5,724 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,781 | €18,962 | -€1,819 | -8.8% |
| Other operating charges | 640/8 | €770 | €2,368 | +€1,598 | +207.6% |
| Non-recurring operating charges | 66A | - | €2,157 | +€2,157 | |
| Gross operating margin | 9900 | €80,327 | €66,084 | -€14,243 | -17.7% |
| Operating profit (loss) | 9901 | €34,024 | €12,122 | -€21,902 | -64.4% |
| Financial charges | 65/66B | €4,447 | €4,034 | -€413 | -9.3% |
| Recurring financial charges | 65 | €4,447 | €4,034 | -€413 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €29,576 | €8,088 | -€21,488 | -72.7% |
| Income taxes | 67/77 | €7,354 | €2,726 | -€4,628 | -62.9% |
| Profit (loss) for the period | 9904 | €22,223 | €5,362 | -€16,860 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,223 | €5,362 | -€16,860 | -75.9% |
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.