MAISONS DUVAL: 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.
MAISONS DUVAL
Largest movements
- Receivables within one year +€19,738
up €19,738 (+47.0%), from €42,020 to €61,757
of which Trade receivables: +€26,862
- Tangible fixed assets -€10,024
down €10,024 (-5.3%), from €187,560 to €177,536
of which Plant, machinery and equipment: -€50,156
- Cash +€9,636
up €9,636 (+158%), from €6,111 to €15,747
mainly Depreciation (+€64,518) and Net result for the year (+€14,636)
- Deferred charges and accrued income -€4,702
down €4,702 (-57.3%), from €8,210 to €3,508
- Reserves +€21,600
up €21,600 (+1,080%), from €2,000 to €23,600
of which Tax-exempt reserves: +€21,600
- Provisions +€7,200
up €7,200 (+90.3%), from €7,972 to €15,172
of which Deferred taxes: +€7,200
- Profit (loss) carried forward -€6,964
down €6,964 (-4.7%), from €147,799 to €140,835
- Trade debts -€6,598
down €6,598 (-53.4%), from €12,346 to €5,747
- Tax, wage and social debts -€2,677
down €2,677 (-91.8%), from €2,915 to €238
- Gross operating margin +€29,593
up €29,593 (+25.3%), from €116,819 to €146,412
- Staff costs -€21,775
down €21,775 (-27.5%), from €79,219 to €57,444
- Other operating charges -€6,728
down €6,728 (-80.2%), from €8,388 to €1,660
- Financial income -€2,793
down €2,793 (-94.5%), from €2,955 to €162
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.
Derived cash bridge
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 | €247,552 | €261,571 | +€14,020 | +5.7% |
| Fixed assets | 21/28 | €188,190 | €178,166 | -€10,024 | -5.3% |
| Tangible fixed assets | 22/27 | €187,560 | €177,536 | -€10,024 | -5.3% |
| Land and buildings | 22 | €13,076 | - | -€13,076 | |
| Plant, machinery and equipment | 23 | €154,734 | €104,578 | -€50,156 | -32.4% |
| Furniture and vehicles | 24 | €19,750 | €72,958 | +€53,208 | +269% |
| Financial fixed assets | 28 | €630 | €630 | = | 0.0% |
| Current assets | 29/58 | €59,362 | €83,405 | +€24,043 | +40.5% |
| Stocks and contracts in progress | 3 | €3,021 | €2,393 | -€628 | -20.8% |
| Stocks | 30/36 | €3,021 | €2,393 | -€628 | -20.8% |
| Amounts receivable within one year | 40/41 | €42,020 | €61,757 | +€19,738 | +47.0% |
| Trade receivables | 40 | €26,747 | €53,609 | +€26,862 | +100% |
| Other amounts receivable | 41 | €15,273 | €8,149 | -€7,124 | -46.6% |
| Cash at bank and in hand | 54/58 | €6,111 | €15,747 | +€9,636 | +158% |
| Deferred charges and accrued income | 490/1 | €8,210 | €3,508 | -€4,702 | -57.3% |
| Total equity and liabilities | 10/49 | €247,552 | €261,571 | +€14,020 | +5.7% |
| Equity | 10/15 | €224,320 | €238,955 | +€14,636 | +6.5% |
| Contributions | 10/11 | €74,521 | €74,521 | = | 0.0% |
| Reserves | 13 | €2,000 | €23,600 | +€21,600 | +1,080% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €21,600 | +€21,600 | |
| Profit (loss) carried forward | 14 | €147,799 | €140,835 | -€6,964 | -4.7% |
| Provisions and deferred taxes | 16 | €7,972 | €15,172 | +€7,200 | +90.3% |
| Provisions for liabilities and charges | 160/5 | €7,972 | €7,972 | = | 0.0% |
| Environmental obligations | 163 | €7,972 | €7,972 | = | 0.0% |
| Deferred taxes | 168 | - | €7,200 | +€7,200 | |
| Amounts payable | 17/49 | €15,260 | €7,444 | -€7,816 | -51.2% |
| Amounts payable within one year | 42/48 | €15,260 | €5,985 | -€9,275 | -60.8% |
| Trade debts | 44 | €12,346 | €5,747 | -€6,598 | -53.4% |
| Suppliers | 440/4 | €12,346 | €5,747 | -€6,598 | -53.4% |
| Taxes, remuneration and social security | 45 | €2,915 | €238 | -€2,677 | -91.8% |
| Remuneration and social security | 454/9 | €2,915 | €238 | -€2,677 | -91.8% |
| Accrued charges and deferred income | 492/3 | - | €1,459 | +€1,459 | |
| Non-recurring operating income | 76A | €1,299 | - | -€1,299 | |
| Remuneration, social security and pensions | 62 | €79,219 | €57,444 | -€21,775 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,841 | €64,518 | -€1,323 | -2.0% |
| Other operating charges | 640/8 | €8,388 | €1,660 | -€6,728 | -80.2% |
| Non-recurring operating charges | 66A | €99 | - | -€99 | |
| Gross operating margin | 9900 | €116,819 | €146,412 | +€29,593 | +25.3% |
| Operating profit (loss) | 9901 | -€36,728 | €22,789 | +€59,517 | |
| Financial income | 75/76B | €2,955 | €162 | -€2,793 | -94.5% |
| Recurring financial income | 75 | €2,955 | €162 | -€2,793 | -94.5% |
| Financial charges | 65/66B | €1,512 | €1,116 | -€397 | -26.2% |
| Recurring financial charges | 65 | €1,512 | €1,116 | -€397 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | -€35,285 | €21,836 | +€57,121 | |
| Transfer from deferred taxes | 780 | - | €800 | +€800 | |
| Transfer to deferred taxes | 680 | - | €8,000 | +€8,000 | |
| Income taxes | 67/77 | -€585 | - | +€585 | |
| Profit (loss) for the period | 9904 | -€34,701 | €14,636 | +€49,336 | |
| Transfer from tax-exempt reserves | 789 | - | €2,400 | +€2,400 | |
| Transfer to tax-exempt reserves | 689 | - | €24,000 | +€24,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,701 | -€6,964 | +€27,736 | +79.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.