BOITE A MALISSE: 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.
BOITE A MALISSE
Largest movements
- Receivables within one year +€7,997
up €7,997 (+12.9%), from €62,082 to €70,079
of which Trade receivables: +€4,141
- Tangible fixed assets -€3,518
down €3,518 (-13.4%), from €26,268 to €22,751
of which Furniture and vehicles: -€5,461
- Cash -€3,398
down €3,398 (-21.7%), from €15,632 to €12,235
mainly Other debts (-€21,309) and Investment in fixed assets (net) (-€8,750)
- Profit (loss) carried forward +€39,786
up €39,786 (+100%), from €39,724 to €79,510
- Other debts -€21,309
down €21,309 (-98.2%), from €21,711 to €402
- Current portion of long-term debt -€7,189
down €7,189 (-57.7%), from €12,450 to €5,261
- Debts after one year -€5,261
no longer reported in 2025 (was €5,261)
- Tax, wage and social debts -€4,175
down €4,175 (-30.3%), from €13,771 to €9,596
- Gross operating margin +€24,671
up €24,671 (+59.9%), from €41,181 to €65,852
- Taxes +€5,873
up €5,873 (+117%), from €5,040 to €10,913
- Financial charges +€1,015
up €1,015 (+177%), from €575 to €1,590
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 | €104,791 | €105,938 | +€1,146 | +1.1% |
| Fixed assets | 21/28 | €26,518 | €23,001 | -€3,518 | -13.3% |
| Tangible fixed assets | 22/27 | €26,268 | €22,751 | -€3,518 | -13.4% |
| Land and buildings | 22 | €4,723 | €3,936 | -€787 | -16.7% |
| Plant, machinery and equipment | 23 | - | €2,730 | +€2,730 | |
| Furniture and vehicles | 24 | €21,545 | €16,085 | -€5,461 | -25.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €78,273 | €82,937 | +€4,664 | +6.0% |
| Amounts receivable within one year | 40/41 | €62,082 | €70,079 | +€7,997 | +12.9% |
| Trade receivables | 40 | €6,500 | €10,640 | +€4,141 | +63.7% |
| Other amounts receivable | 41 | €55,582 | €59,438 | +€3,856 | +6.9% |
| Cash at bank and in hand | 54/58 | €15,632 | €12,235 | -€3,398 | -21.7% |
| Deferred charges and accrued income | 490/1 | €558 | €624 | +€65 | +11.7% |
| Total equity and liabilities | 10/49 | €104,791 | €105,938 | +€1,146 | +1.1% |
| Equity | 10/15 | €44,724 | €84,510 | +€39,786 | +89.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €39,724 | €79,510 | +€39,786 | +100% |
| Amounts payable | 17/49 | €60,067 | €21,428 | -€38,639 | -64.3% |
| Amounts payable after more than one year | 17 | €5,261 | - | -€5,261 | |
| Financial debts | 170/4 | €5,261 | - | -€5,261 | |
| Amounts payable within one year | 42/48 | €54,806 | €21,428 | -€33,378 | -60.9% |
| Current portion of amounts payable after more than one year | 42 | €12,450 | €5,261 | -€7,189 | -57.7% |
| Trade debts | 44 | €6,874 | €6,169 | -€705 | -10.3% |
| Suppliers | 440/4 | €6,874 | €6,169 | -€705 | -10.3% |
| Taxes, remuneration and social security | 45 | €13,771 | €9,596 | -€4,175 | -30.3% |
| Taxes | 450/3 | €13,771 | €9,596 | -€4,175 | -30.3% |
| Other amounts payable | 47/48 | €21,711 | €402 | -€21,309 | -98.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,450 | €12,268 | -€182 | -1.5% |
| Other operating charges | 640/8 | €1,155 | €1,295 | +€140 | +12.1% |
| Gross operating margin | 9900 | €41,181 | €65,852 | +€24,671 | +59.9% |
| Operating profit (loss) | 9901 | €27,576 | €52,289 | +€24,714 | +89.6% |
| Financial charges | 65/66B | €575 | €1,590 | +€1,015 | +177% |
| Recurring financial charges | 65 | €575 | €1,590 | +€1,015 | +177% |
| Profit (loss) for the period before taxes | 9903 | €27,000 | €50,699 | +€23,698 | +87.8% |
| Income taxes | 67/77 | €5,040 | €10,913 | +€5,873 | +117% |
| Profit (loss) for the period | 9904 | €21,960 | €39,786 | +€17,825 | +81.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,960 | €39,786 | +€17,825 | +81.2% |
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 29 October 2026 via checked.be.