MAISONROUGE: 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.
MAISONROUGE
Largest movements
- Receivables within one year -€4,020
down €4,020 (-23.6%), from €17,055 to €13,035
- Cash -€2,392
down €2,392 (-92.9%), from €2,573 to €182
mainly Other debts (-€10,977) and Tax, wage and social debts (-€6,080)
- Intangible fixed assets -€500
down €500 (-38.1%), from €1,311 to €811
- Other debts -€10,977
down €10,977 (-11.0%), from €99,846 to €88,868
- Trade debts +€6,657
up €6,657 (+140.8%), from €4,728 to €11,385
- Tax, wage and social debts -€6,080
down €6,080 (-85.4%), from €7,118 to €1,038
- Profit (loss) carried forward +€3,489
up €3,489 (+3.5%), from -€98,708 to -€95,218
- Gross operating margin -€4,224
down €4,224 (-44.4%), from €9,521 to €5,297
- Financial charges +€542
up €542 (+143.5%), from €378 to €921
- Depreciation +€311
up €311 (+165.2%), from €189 to €500
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 | €20,939 | €14,028 | -€6,911 | -33.0% |
| Fixed assets | 21/28 | €1,311 | €811 | -€500 | -38.1% |
| Intangible fixed assets | 21 | €1,311 | €811 | -€500 | -38.1% |
| Current assets | 29/58 | €19,628 | €13,217 | -€6,411 | -32.7% |
| Amounts receivable within one year | 40/41 | €17,055 | €13,035 | -€4,020 | -23.6% |
| Trade receivables | 40 | €17,055 | €13,035 | -€4,020 | -23.6% |
| Cash at bank and in hand | 54/58 | €2,573 | €182 | -€2,392 | -92.9% |
| Total equity and liabilities | 10/49 | €20,939 | €14,028 | -€6,911 | -33.0% |
| Equity | 10/15 | -€90,751 | -€87,262 | +€3,489 | +3.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,759 | €1,759 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,759 | €1,759 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,759 | €1,759 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,708 | -€95,218 | +€3,489 | +3.5% |
| Amounts payable | 17/49 | €111,691 | €101,290 | -€10,401 | -9.3% |
| Amounts payable within one year | 42/48 | €111,691 | €101,290 | -€10,401 | -9.3% |
| Trade debts | 44 | €4,728 | €11,385 | +€6,657 | +140.8% |
| Suppliers | 440/4 | €4,728 | €11,385 | +€6,657 | +140.8% |
| Taxes, remuneration and social security | 45 | €7,118 | €1,038 | -€6,080 | -85.4% |
| Taxes | 450/3 | €7,118 | €1,038 | -€6,080 | -85.4% |
| Other amounts payable | 47/48 | €99,846 | €88,868 | -€10,977 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189 | €500 | +€311 | +165.2% |
| Other operating charges | 640/8 | €394 | €387 | -€7 | -1.8% |
| Gross operating margin | 9900 | €9,521 | €5,297 | -€4,224 | -44.4% |
| Operating profit (loss) | 9901 | €8,939 | €4,410 | -€4,529 | -50.7% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €378 | €921 | +€542 | +143.5% |
| Recurring financial charges | 65 | €378 | €921 | +€542 | +143.5% |
| Profit (loss) for the period before taxes | 9903 | €8,563 | €3,489 | -€5,074 | -59.3% |
| Profit (loss) for the period | 9904 | €8,563 | €3,489 | -€5,074 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,563 | €3,489 | -€5,074 | -59.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.