ADELE MALMEDIER: 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.
ADELE MALMEDIER
Largest movements
- Cash -€29,508
down €29,508 (-41.1%), from €71,848 to €42,341
mainly Net result for the year (-€15,047) and Investment in fixed assets (net) (-€11,967)
- Receivables within one year +€10,002
up €10,002 (+169%), from €5,913 to €15,915
- Tangible fixed assets +€9,896
new in 2025: €9,896
- Deferred charges and accrued income -€4,599
down €4,599 (-35.1%), from €13,104 to €8,505
- Profit (loss) carried forward -€15,047
down €15,047 (-21.1%), from €71,174 to €56,127
- Tax, wage and social debts +€1,146
up €1,146 (+7.2%), from €15,926 to €17,072
of which Taxes: +€1,146
- Gross operating margin -€72,278
down €72,278, from €60,890 to -€11,387
- Turnover -€70,192
down €70,192 (-44.4%), from €158,062 to €87,870
- Taxes -€12,365
down €12,365 (-96.9%), from €12,761 to €396
- Purchases and services +€5,163
up €5,163 (+4.9%), from €105,669 to €110,832
- Depreciation +€2,071
new in 2025: €2,071
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 | €90,866 | €76,656 | -€14,210 | -15.6% |
| Fixed assets | 21/28 | - | €9,896 | +€9,896 | |
| Tangible fixed assets | 22/27 | - | €9,896 | +€9,896 | |
| Furniture and vehicles | 24 | - | €9,896 | +€9,896 | |
| Current assets | 29/58 | €90,866 | €66,761 | -€24,105 | -26.5% |
| Amounts receivable within one year | 40/41 | €5,913 | €15,915 | +€10,002 | +169% |
| Other amounts receivable | 41 | €5,913 | €15,915 | +€10,002 | +169% |
| Cash at bank and in hand | 54/58 | €71,848 | €42,341 | -€29,508 | -41.1% |
| Deferred charges and accrued income | 490/1 | €13,104 | €8,505 | -€4,599 | -35.1% |
| Total equity and liabilities | 10/49 | €90,866 | €76,656 | -€14,210 | -15.6% |
| Equity | 10/15 | €73,174 | €58,127 | -€15,047 | -20.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,174 | €56,127 | -€15,047 | -21.1% |
| Amounts payable | 17/49 | €17,692 | €18,529 | +€838 | +4.7% |
| Amounts payable within one year | 42/48 | €17,692 | €18,529 | +€838 | +4.7% |
| Trade debts | 44 | €1,765 | €1,457 | -€308 | -17.5% |
| Suppliers | 440/4 | €1,765 | €1,457 | -€308 | -17.5% |
| Taxes, remuneration and social security | 45 | €15,926 | €17,072 | +€1,146 | +7.2% |
| Taxes | 450/3 | €15,926 | €17,072 | +€1,146 | +7.2% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Turnover | 70 | €158,062 | €87,870 | -€70,192 | -44.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €105,669 | €110,832 | +€5,163 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,071 | +€2,071 | |
| Other operating charges | 640/8 | €98 | €618 | +€520 | +532% |
| Non-recurring operating charges | 66A | - | €16 | +€16 | |
| Gross operating margin | 9900 | €60,890 | -€11,387 | -€72,278 | |
| Operating profit (loss) | 9901 | €60,793 | -€14,092 | -€74,885 | |
| Financial income | 75/76B | €4 | €1 | -€3 | -69.8% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -69.8% |
| Financial charges | 65/66B | €831 | €560 | -€270 | -32.6% |
| Recurring financial charges | 65 | €831 | €560 | -€270 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €59,965 | -€14,651 | -€74,617 | |
| Income taxes | 67/77 | €12,761 | €396 | -€12,365 | -96.9% |
| Profit (loss) for the period | 9904 | €47,204 | -€15,047 | -€62,251 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,204 | -€15,047 | -€62,251 |
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.