LES MALES: 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.
LES MALES
Largest movements
- Cash -€1,417
down €1,417 (-61.1%), from €2,317 to €900
mainly Net result for the year (-€1,749) and Other debts (-€727)
- Stocks and contracts -€551
down €551 (-45.8%), from €1,203 to €653
- Tangible fixed assets -€66
down €66 (-69.2%), from €96 to €30
of which Plant, machinery and equipment: -€96
- Profit (loss) carried forward -€1,749
down €1,749 (-1.8%), from -€96,270 to -€98,019
- Other debts -€727
down €727 (-2.0%), from €36,025 to €35,298
- Tax, wage and social debts +€441
up €441 (+90.3%), from €489 to €930
- Gross operating margin -€1,549
down €1,549, from €769 to -€780
- Financial charges +€108
up €108 (+27.4%), from €395 to €503
- Other operating charges +€12
up €12 (+3.0%), from €388 to €400
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 | €3,616 | €1,582 | -€2,034 | -56.2% |
| Fixed assets | 21/28 | €96 | €30 | -€66 | -69.2% |
| Tangible fixed assets | 22/27 | €96 | €30 | -€66 | -69.2% |
| Plant, machinery and equipment | 23 | €96 | - | -€96 | |
| Furniture and vehicles | 24 | - | €30 | +€30 | |
| Current assets | 29/58 | €3,520 | €1,553 | -€1,967 | -55.9% |
| Stocks and contracts in progress | 3 | €1,203 | €653 | -€551 | -45.8% |
| Stocks | 30/36 | €1,203 | €653 | -€551 | -45.8% |
| Cash at bank and in hand | 54/58 | €2,317 | €900 | -€1,417 | -61.1% |
| Total equity and liabilities | 10/49 | €3,616 | €1,582 | -€2,034 | -56.2% |
| Equity | 10/15 | -€33,297 | -€35,045 | -€1,748 | -5.3% |
| Contributions | 10/11 | €61,973 | €61,973 | +€0 | 0.0% |
| Capital | 10 | €61,973 | - | -€61,973 | |
| Issued capital | 100 | €61,973 | - | -€61,973 | |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | - | -€1,000 | |
| Legal reserve | 130 | €1,000 | - | -€1,000 | |
| Distributable reserves | 133 | - | €1,000 | +€1,000 | |
| Profit (loss) carried forward | 14 | -€96,270 | -€98,019 | -€1,749 | -1.8% |
| Amounts payable | 17/49 | €36,913 | €36,628 | -€285 | -0.8% |
| Amounts payable within one year | 42/48 | €36,913 | €36,628 | -€285 | -0.8% |
| Trade debts | 44 | €399 | €399 | +€0 | +0.1% |
| Suppliers | 440/4 | €399 | €399 | +€0 | +0.1% |
| Taxes, remuneration and social security | 45 | €489 | €930 | +€441 | +90.3% |
| Taxes | 450/3 | €489 | €930 | +€441 | +90.3% |
| Other amounts payable | 47/48 | €36,025 | €35,298 | -€727 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65 | €66 | +€1 | +1.5% |
| Other operating charges | 640/8 | €388 | €400 | +€12 | +3.0% |
| Gross operating margin | 9900 | €769 | -€780 | -€1,549 | |
| Operating profit (loss) | 9901 | €316 | -€1,246 | -€1,562 | |
| Financial charges | 65/66B | €395 | €503 | +€108 | +27.4% |
| Recurring financial charges | 65 | €395 | €503 | +€108 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | -€79 | -€1,749 | -€1,670 | -2,114% |
| Profit (loss) for the period | 9904 | -€79 | -€1,749 | -€1,670 | -2,114% |
| Profit (loss) for the period to be appropriated | 9905 | -€79 | -€1,749 | -€1,670 | -2,114% |
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 13 October 2026 via checked.be.