MAISONS BAIJOT: what changed
What changed
MAISONS BAIJOT
NACE 43.310, Plastering work
filed annual accounts (NBB)
Net result for the year
€14.9m
2024 · €14.0m+€916,396
Equity
€60.0m
2024 · €45.1m+€14.9m
Cash
€5.7m
2024 · €2.5m+€3.2m
Balance sheet total
€84.6m
2024 · €67.4m+€17.2m
Largest movements
Assets
- Receivables within one year +€10.9m
up €10.9m (+44.6%), from €24.4m to €35.3m
of which Other amounts receivable: +€11.2m
- Cash +€3.2m
up €3.2m (+129%), from €2.5m to €5.7m
mainly Net result for the year (+€14.9m) and Trade debts (+€1.5m)
- Stocks and contracts +€3.1m
up €3.1m (+7.7%), from €40.3m to €43.4m
of which Stocks: +€3.3m
Equity and liabilities
- Reserves +€14.9m
up €14.9m (+33.0%), from €45.1m to €60.0m
of which Distributable reserves: +€14.9m
- Trade debts +€1.5m
up €1.5m (+15.5%), from €10.0m to €11.5m
Income statement
- Services and other goods -€2.4m
down €2.4m (-45.2%), from €5.3m to €2.9m
- Goods and materials -€1.4m
down €1.4m (-3.2%), from €45.2m to €43.8m
of which Purchases: -€1.3m
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
€14.0m
Turnover
+€200,298
Other operating income
-€209,685
Goods and materials
+€1.4m
Services and other goods
+€2.4m
Staff costs
+€240,770
Depreciation
-€1,066
Write-downs
+€13,382
Provisions
+€82,120
Other operating charges
-€280,717
Other operating items
-€2.9m
Financial income
+€394,265
Financial charges
-€899
Taxes
-€470,978
Result 2025
€14.9m
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
+€3.2m
Investment
-€1,699
Financing
€0
Cash 2024
€2.5m
From operations (derived)
+€3.2m
Net result for the year
+€14.9m
Depreciation
+€14,139
Stocks and contracts
-€3.1m
Receivables within one year
-€10.9m
Smaller working-capital items
-€59,391
Provisions
+€246,982
Trade debts
+€1.5m
Tax, wage and social debts
+€324,362
Other debts
+€234,507
Accrued charges and deferred income
+€55,761
Investment (derived)
-€1,699
Investment in fixed assets (net)
-€1,699
Cash 2025
€5.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,385,475 | €84,630,865 | +€17.2m | +25.6% |
| Fixed assets | 21/28 | €128,712 | €116,272 | -€12,440 | -9.7% |
| Tangible fixed assets | 22/27 | €52,543 | €38,404 | -€14,139 | -26.9% |
| Plant, machinery and equipment | 23 | €47,654 | €34,920 | -€12,735 | -26.7% |
| Furniture and vehicles | 24 | €4,888 | €3,484 | -€1,404 | -28.7% |
| Financial fixed assets | 28 | €76,169 | €77,868 | +€1,699 | +2.2% |
| Other financial fixed assets | 284/8 | €76,169 | €77,868 | +€1,699 | +2.2% |
| Shares | 284 | €124 | €124 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €76,045 | €77,744 | +€1,699 | +2.2% |
| Current assets | 29/58 | €67,256,763 | €84,514,593 | +€17.3m | +25.7% |
| Stocks and contracts in progress | 3 | €40,336,280 | €43,448,537 | +€3.1m | +7.7% |
| Stocks | 30/36 | €40,165,019 | €43,448,537 | +€3.3m | +8.2% |
| Raw materials and consumables | 30/31 | €442,342 | €184,358 | -€257,984 | -58.3% |
| Property held for sale | 35 | €39,722,677 | €43,264,179 | +€3.5m | +8.9% |
| Contracts in progress | 37 | €171,261 | - | -€171,261 | |
| Amounts receivable within one year | 40/41 | €24,422,675 | €35,325,464 | +€10.9m | +44.6% |
| Trade receivables | 40 | €2,572,908 | €2,272,444 | -€300,464 | -11.7% |
| Other amounts receivable | 41 | €21,849,767 | €33,053,020 | +€11.2m | +51.3% |
| Cash at bank and in hand | 54/58 | €2,495,008 | €5,707,660 | +€3.2m | +129% |
| Deferred charges and accrued income | 490/1 | €2,800 | €32,932 | +€30,132 | +1,076% |
| Total equity and liabilities | 10/49 | €67,385,475 | €84,630,865 | +€17.2m | +25.6% |
| Equity | 10/15 | €45,137,560 | €60,004,475 | +€14.9m | +32.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,118,960 | €59,985,875 | +€14.9m | +33.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €1,052,132 | €1,052,132 | = | 0.0% |
| Distributable reserves | 133 | €44,066,828 | €58,933,743 | +€14.9m | +33.7% |
| Provisions and deferred taxes | 16 | €4,017,946 | €4,264,928 | +€246,982 | +6.1% |
| Provisions for liabilities and charges | 160/5 | €4,017,946 | €4,264,928 | +€246,982 | +6.1% |
| Other liabilities and charges | 164/5 | €4,017,946 | €4,264,928 | +€246,982 | +6.1% |
| Amounts payable | 17/49 | €18,229,969 | €20,361,462 | +€2.1m | +11.7% |
| Amounts payable within one year | 42/48 | €18,229,098 | €20,304,831 | +€2.1m | +11.4% |
| Trade debts | 44 | €9,980,502 | €11,526,625 | +€1.5m | +15.5% |
| Suppliers | 440/4 | €9,980,502 | €11,526,625 | +€1.5m | +15.5% |
| Advances received on contracts in progress | 46 | €1,720,703 | €1,691,443 | -€29,260 | -1.7% |
| Taxes, remuneration and social security | 45 | €6,214,396 | €6,538,758 | +€324,362 | +5.2% |
| Taxes | 450/3 | €6,171,767 | €6,531,353 | +€359,586 | +5.8% |
| Remuneration and social security | 454/9 | €42,629 | €7,405 | -€35,224 | -82.6% |
| Other amounts payable | 47/48 | €313,498 | €548,004 | +€234,507 | +74.8% |
| Accrued charges and deferred income | 492/3 | €871 | €56,631 | +€55,761 | +6,404% |
| Operating income | 70/76A | €69,382,266 | €66,371,155 | -€3.0m | -4.3% |
| Turnover | 70 | €62,295,915 | €62,496,214 | +€200,298 | +0.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €6,365,017 | €3,370,241 | -€3.0m | -47.1% |
| Other operating income | 74 | €714,385 | €504,700 | -€209,685 | -29.4% |
| Non-recurring operating income | 76A | €6,948 | - | -€6,948 | |
| Operating charges | 60/66A | €51,628,597 | €47,623,478 | -€4.0m | -7.8% |
| Goods for resale, raw materials and consumables | 60 | €45,199,891 | €43,752,280 | -€1.4m | -3.2% |
| Purchases | 600/8 | €44,777,863 | €43,494,296 | -€1.3m | -2.9% |
| Change in stocks: decrease (increase) | 609 | €422,029 | €257,984 | -€164,045 | -38.9% |
| Services and other goods | 61 | €5,295,211 | €2,903,780 | -€2.4m | -45.2% |
| Remuneration, social security and pensions | 62 | €596,247 | €355,477 | -€240,770 | -40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,073 | €14,139 | +€1,066 | +8.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€21,716 | -€35,098 | -€13,382 | -61.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €329,102 | €246,982 | -€82,120 | -25.0% |
| Other operating charges | 640/8 | €105,200 | €385,917 | +€280,717 | +267% |
| Non-recurring operating charges | 66A | €111,590 | - | -€111,590 | |
| Operating profit (loss) | 9901 | €17,753,669 | €18,747,677 | +€994,008 | +5.6% |
| Financial income | 75/76B | €1,018,672 | €1,412,937 | +€394,265 | +38.7% |
| Recurring financial income | 75 | €1,018,672 | €1,412,937 | +€394,265 | +38.7% |
| Income from current assets | 751 | €576,718 | €1,017,919 | +€441,201 | +76.5% |
| Other financial income | 752/9 | €441,954 | €395,018 | -€46,936 | -10.6% |
| Financial charges | 65/66B | €15,496 | €16,394 | +€899 | +5.8% |
| Recurring financial charges | 65 | €15,496 | €16,394 | +€899 | +5.8% |
| Debt charges | 650 | €5,683 | €4,488 | -€1,196 | -21.0% |
| Other financial charges | 652/9 | €9,812 | €11,907 | +€2,095 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | €18,756,845 | €20,144,219 | +€1.4m | +7.4% |
| Income taxes | 67/77 | €4,806,326 | €5,277,304 | +€470,978 | +9.8% |
| Taxes | 670/3 | €4,818,384 | €5,277,304 | +€458,921 | +9.5% |
| Tax adjustments and reversals of tax provisions | 77 | €12,057 | - | -€12,057 | |
| Profit (loss) for the period | 9904 | €13,950,519 | €14,866,915 | +€916,396 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,950,519 | €14,866,915 | +€916,396 | +6.6% |
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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 5 November 2026 via checked.be.