MASSON DANNY: 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.
MASSON DANNY
Largest movements
- Cash -€17,404
down €17,404 (-51.0%), from €34,135 to €16,731
mainly Investment in fixed assets (net) (-€23,807) and Receivables within one year (-€11,784)
- Tangible fixed assets +€12,267
up €12,267 (+35.3%), from €34,800 to €47,067
of which Furniture and vehicles: +€20,644
- Receivables within one year +€11,784
up €11,784 (+70.3%), from €16,759 to €28,543
of which Trade receivables: +€6,439
- Deferred charges and accrued income +€10,881
up €10,881 (+1,755%), from €620 to €11,501
- Profit (loss) carried forward +€17,240
up €17,240 (+27.2%), from €63,431 to €80,671
- Current portion of long-term debt +€5,163
up €5,163 (+90.2%), from €5,726 to €10,889
- Trade debts -€2,883
down €2,883 (-72.5%), from €3,974 to €1,092
- Debts after one year -€2,107
down €2,107 (-19.1%), from €11,022 to €8,915
- Turnover -€127,524
no longer reported in 2025 (was €127,524)
- Purchases and services -€92,554
no longer reported in 2025 (was €92,554)
- Gross operating margin +€3,627
up €3,627 (+9.4%), from €38,414 to €42,040
- Depreciation -€1,807
down €1,807 (-13.2%), from €13,647 to €11,840
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 | €86,838 | €104,066 | +€17,228 | +19.8% |
| Fixed assets | 21/28 | €35,323 | €47,291 | +€11,967 | +33.9% |
| Intangible fixed assets | 21 | €524 | €224 | -€300 | -57.3% |
| Tangible fixed assets | 22/27 | €34,800 | €47,067 | +€12,267 | +35.3% |
| Land and buildings | 22 | €8,341 | €6,028 | -€2,314 | -27.7% |
| Plant, machinery and equipment | 23 | €16,572 | €10,509 | -€6,063 | -36.6% |
| Furniture and vehicles | 24 | €9,886 | €30,530 | +€20,644 | +209% |
| Current assets | 29/58 | €51,514 | €56,775 | +€5,261 | +10.2% |
| Amounts receivable within one year | 40/41 | €16,759 | €28,543 | +€11,784 | +70.3% |
| Trade receivables | 40 | €13,960 | €20,399 | +€6,439 | +46.1% |
| Other amounts receivable | 41 | €2,800 | €8,145 | +€5,345 | +191% |
| Cash at bank and in hand | 54/58 | €34,135 | €16,731 | -€17,404 | -51.0% |
| Deferred charges and accrued income | 490/1 | €620 | €11,501 | +€10,881 | +1,755% |
| Total equity and liabilities | 10/49 | €86,838 | €104,066 | +€17,228 | +19.8% |
| Equity | 10/15 | €65,931 | €83,171 | +€17,240 | +26.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,431 | €80,671 | +€17,240 | +27.2% |
| Amounts payable | 17/49 | €20,907 | €20,895 | -€12 | -0.1% |
| Amounts payable after more than one year | 17 | €11,022 | €8,915 | -€2,107 | -19.1% |
| Financial debts | 170/4 | €11,022 | €8,915 | -€2,107 | -19.1% |
| Amounts payable within one year | 42/48 | €9,885 | €11,980 | +€2,095 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €5,726 | €10,889 | +€5,163 | +90.2% |
| Trade debts | 44 | €3,974 | €1,092 | -€2,883 | -72.5% |
| Suppliers | 440/4 | €3,974 | €1,092 | -€2,883 | -72.5% |
| Taxes, remuneration and social security | 45 | €167 | €0 | -€167 | -100% |
| Taxes | 450/3 | €167 | €0 | -€167 | -100% |
| Other amounts payable | 47/48 | €18 | €0 | -€18 | -100% |
| Turnover | 70 | €127,524 | - | -€127,524 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €92,554 | - | -€92,554 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,647 | €11,840 | -€1,807 | -13.2% |
| Other operating charges | 640/8 | €1,085 | €1,804 | +€719 | +66.3% |
| Non-recurring operating charges | 66A | - | €4,114 | +€4,114 | |
| Gross operating margin | 9900 | €38,414 | €42,040 | +€3,627 | +9.4% |
| Operating profit (loss) | 9901 | €23,681 | €24,282 | +€601 | +2.5% |
| Financial income | 75/76B | €1 | €146 | +€145 | +18,568% |
| Recurring financial income | 75 | €1 | €146 | +€145 | +18,568% |
| Financial charges | 65/66B | €2,826 | €2,548 | -€279 | -9.9% |
| Recurring financial charges | 65 | €2,826 | €2,548 | -€279 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €20,856 | €21,880 | +€1,024 | +4.9% |
| Income taxes | 67/77 | €4,597 | €4,640 | +€43 | +0.9% |
| Profit (loss) for the period | 9904 | €16,259 | €17,240 | +€981 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,259 | €17,240 | +€981 | +6.0% |
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 25 October 2026 via checked.be.