MaisonRouge: what changed
What changed
MaisonRouge
NACE 82.300, Organisation of conventions and trade shows
filed annual accounts (NBB)
Net result for the year
-€153,129
2024 · -€2,810-€150,319
Equity
€356,193
2024 · €509,322-€153,129
Cash
€99,468
2024 · €122,738-€23,270
Balance sheet total
€1.6m
2024 · €2.5m-€849,963
Largest movements
Assets
- Receivables within one year -€755,349
down €755,349 (-36.3%), from €2.1m to €1.3m
of which Other amounts receivable: -€405,169
- Tangible fixed assets -€62,621
down €62,621 (-40.7%), from €154,026 to €91,405
of which Furniture and vehicles: -€38,671
Equity and liabilities
- Trade debts -€673,874
down €673,874 (-61.0%), from €1.1m to €430,878
- Other debts +€302,845
up €302,845 (+80.8%), from €374,586 to €677,431
- Short-term financial debts -€250,000
no longer reported in 2025 (was €250,000)
- Profit (loss) carried forward -€153,129
down €153,129 (-37.7%), from €405,767 to €252,638
- Debts after one year -€40,197
down €40,197 (-34.1%), from €118,050 to €77,853
Income statement
- Gross operating margin -€352,367
down €352,367 (-47.1%), from €747,877 to €395,510
- Staff costs -€118,948
down €118,948 (-20.8%), from €573,123 to €454,175
- Write-downs -€55,224
down €55,224 (-97.9%), from €56,420 to €1,196
- Financial charges -€12,707
down €12,707 (-45.9%), from €27,705 to €14,998
- Taxes -€11,761
down €11,761 (-95.3%), from €12,347 to €586
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€2,810
Gross operating margin
-€352,367
Staff costs
+€118,948
Depreciation
-€1,554
Write-downs
+€55,224
Other operating charges
+€1,892
Other operating items
-€146
Financial income
+€3,216
Financial charges
+€12,707
Taxes
+€11,761
Result 2025
-€153,129
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€284,768
Investment
-€18,413
Financing
-€289,625
Cash 2024
€122,738
From operations (derived)
+€284,768
Net result for the year
-€153,129
Depreciation
+€72,798
Stocks and contracts
+€311
Receivables within one year
+€755,349
Deferred charges and accrued income
+€16,648
Trade debts
-€673,874
Tax, wage and social debts
-€36,180
Other debts
+€302,845
Investment (derived)
-€18,413
Investment in fixed assets (net)
-€18,413
Financing
-€289,625
Debts after one year
-€40,197
Current portion of long-term debt
+€572
Short-term financial debts
-€250,000
Cash 2025
€99,468
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,486,337 | €1,636,374 | -€849,963 | -34.2% |
| Fixed assets | 21/28 | €176,413 | €122,028 | -€54,385 | -30.8% |
| Intangible fixed assets | 21 | €17,099 | €24,860 | +€7,761 | +45.4% |
| Tangible fixed assets | 22/27 | €154,026 | €91,405 | -€62,621 | -40.7% |
| Plant, machinery and equipment | 23 | €7,176 | €752 | -€6,424 | -89.5% |
| Furniture and vehicles | 24 | €116,813 | €78,142 | -€38,671 | -33.1% |
| Other tangible fixed assets | 26 | €30,037 | €12,511 | -€17,526 | -58.3% |
| Financial fixed assets | 28 | €5,288 | €5,763 | +€475 | +9.0% |
| Current assets | 29/58 | €2,309,924 | €1,514,346 | -€795,578 | -34.4% |
| Stocks and contracts in progress | 3 | €54,736 | €54,425 | -€311 | -0.6% |
| Stocks | 30/36 | €54,736 | €54,425 | -€311 | -0.6% |
| Amounts receivable within one year | 40/41 | €2,080,638 | €1,325,289 | -€755,349 | -36.3% |
| Trade receivables | 40 | €755,905 | €405,725 | -€350,180 | -46.3% |
| Other amounts receivable | 41 | €1,324,733 | €919,564 | -€405,169 | -30.6% |
| Cash at bank and in hand | 54/58 | €122,738 | €99,468 | -€23,270 | -19.0% |
| Deferred charges and accrued income | 490/1 | €51,812 | €35,164 | -€16,648 | -32.1% |
| Total equity and liabilities | 10/49 | €2,486,337 | €1,636,374 | -€849,963 | -34.2% |
| Equity | 10/15 | €509,322 | €356,193 | -€153,129 | -30.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €97,355 | €97,355 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €53,400 | €53,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €405,767 | €252,638 | -€153,129 | -37.7% |
| Amounts payable | 17/49 | €1,977,015 | €1,280,181 | -€696,834 | -35.2% |
| Amounts payable after more than one year | 17 | €118,050 | €77,853 | -€40,197 | -34.1% |
| Financial debts | 170/4 | €118,050 | €77,853 | -€40,197 | -34.1% |
| Amounts payable within one year | 42/48 | €1,858,965 | €1,202,328 | -€656,637 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | €37,531 | €38,103 | +€572 | +1.5% |
| Financial debts | 43 | €250,000 | - | -€250,000 | |
| Credit institutions | 430/8 | €250,000 | - | -€250,000 | |
| Trade debts | 44 | €1,104,752 | €430,878 | -€673,874 | -61.0% |
| Suppliers | 440/4 | €1,104,752 | €430,878 | -€673,874 | -61.0% |
| Taxes, remuneration and social security | 45 | €92,096 | €55,916 | -€36,180 | -39.3% |
| Taxes | 450/3 | €15,557 | €25,807 | +€10,250 | +65.9% |
| Remuneration and social security | 454/9 | €76,539 | €30,109 | -€46,430 | -60.7% |
| Other amounts payable | 47/48 | €374,586 | €677,431 | +€302,845 | +80.8% |
| Non-recurring operating income | 76A | €216 | €39,618 | +€39,402 | +18,242% |
| Remuneration, social security and pensions | 62 | €573,123 | €454,175 | -€118,948 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,244 | €72,798 | +€1,554 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €56,420 | €1,196 | -€55,224 | -97.9% |
| Other operating charges | 640/8 | €15,020 | €13,128 | -€1,892 | -12.6% |
| Non-recurring operating charges | 66A | €1,658 | €1,804 | +€146 | +8.8% |
| Gross operating margin | 9900 | €747,877 | €395,510 | -€352,367 | -47.1% |
| Operating profit (loss) | 9901 | €30,412 | -€147,591 | -€178,003 | |
| Financial income | 75/76B | €6,830 | €10,046 | +€3,216 | +47.1% |
| Recurring financial income | 75 | €6,830 | €10,046 | +€3,216 | +47.1% |
| Financial charges | 65/66B | €27,705 | €14,998 | -€12,707 | -45.9% |
| Recurring financial charges | 65 | €27,705 | €14,998 | -€12,707 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €9,537 | -€152,543 | -€162,080 | |
| Income taxes | 67/77 | €12,347 | €586 | -€11,761 | -95.3% |
| Profit (loss) for the period | 9904 | -€2,810 | -€153,129 | -€150,319 | -5,349% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,810 | -€153,129 | -€150,319 | -5,349% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.