IMMO MALEIZEN: 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.
IMMO MALEIZEN
Largest movements
- Cash +€3,443
up €3,443 (+20.7%), from €16,661 to €20,104
mainly Depreciation (+€7,674) and Trade debts (+€919)
- Tangible fixed assets -€1,816
down €1,816 (-3.2%), from €56,527 to €54,711
of which Land and buildings: -€5,598
- Trade debts +€919
up €919 (+54.4%), from €1,690 to €2,609
- Other debts +€840
up €840 (+19.0%), from €4,418 to €5,258
- Gross operating margin +€5,538
up €5,538 (+107%), from €5,157 to €10,695
- Depreciation +€891
up €891 (+13.1%), from €6,783 to €7,674
- Financial income -€157
down €157 (-68.6%), from €228 to €72
- Taxes -€137
down €137, from €69 to -€69
- Other operating charges +€112
up €112 (+3.5%), from €3,178 to €3,290
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 | €75,111 | €76,704 | +€1,594 | +2.1% |
| Fixed assets | 21/28 | €56,527 | €54,711 | -€1,816 | -3.2% |
| Tangible fixed assets | 22/27 | €56,527 | €54,711 | -€1,816 | -3.2% |
| Land and buildings | 22 | €46,435 | €40,837 | -€5,598 | -12.1% |
| Plant, machinery and equipment | 23 | €10,092 | €13,874 | +€3,782 | +37.5% |
| Current assets | 29/58 | €18,583 | €21,993 | +€3,410 | +18.3% |
| Amounts receivable within one year | 40/41 | €35 | €22 | -€13 | -38.0% |
| Other amounts receivable | 41 | €35 | €22 | -€13 | -38.0% |
| Cash at bank and in hand | 54/58 | €16,661 | €20,104 | +€3,443 | +20.7% |
| Deferred charges and accrued income | 490/1 | €1,888 | €1,867 | -€21 | -1.1% |
| Total equity and liabilities | 10/49 | €75,111 | €76,704 | +€1,594 | +2.1% |
| Equity | 10/15 | €68,897 | €68,737 | -€160 | -0.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €30,861 | €30,861 | = | 0.0% |
| Distributable reserves | 133 | €30,861 | €30,861 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,964 | -€24,124 | -€160 | -0.7% |
| Amounts payable | 17/49 | €6,213 | €7,967 | +€1,754 | +28.2% |
| Amounts payable within one year | 42/48 | €6,109 | €7,867 | +€1,758 | +28.8% |
| Trade debts | 44 | €1,690 | €2,609 | +€919 | +54.4% |
| Suppliers | 440/4 | €1,690 | €2,609 | +€919 | +54.4% |
| Other amounts payable | 47/48 | €4,418 | €5,258 | +€840 | +19.0% |
| Accrued charges and deferred income | 492/3 | €105 | €100 | -€5 | -4.4% |
| Non-recurring operating income | 76A | €0 | €0 | -€0 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,783 | €7,674 | +€891 | +13.1% |
| Other operating charges | 640/8 | €3,178 | €3,290 | +€112 | +3.5% |
| Gross operating margin | 9900 | €5,157 | €10,695 | +€5,538 | +107% |
| Operating profit (loss) | 9901 | -€4,804 | -€269 | +€4,534 | +94.4% |
| Financial income | 75/76B | €228 | €72 | -€157 | -68.6% |
| Recurring financial income | 75 | €228 | €72 | -€157 | -68.6% |
| Financial charges | 65/66B | €31 | €31 | = | 0.0% |
| Recurring financial charges | 65 | €31 | €31 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,606 | -€229 | +€4,378 | +95.0% |
| Income taxes | 67/77 | €69 | -€69 | -€137 | |
| Profit (loss) for the period | 9904 | -€4,675 | -€160 | +€4,515 | +96.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,675 | -€160 | +€4,515 | +96.6% |
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 27 October 2026 via checked.be.