MAALISIMMO: 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.
MAALISIMMO
Largest movements
- Cash +€53,509
up €53,509 (+57.4%), from €93,160 to €146,669
mainly Depreciation (+€78,472) and Short-term financial debts (+€50,000)
- Tangible fixed assets -€45,279
down €45,279 (-5.4%), from €831,968 to €786,689
of which Land and buildings: -€45,818
- Debts after one year -€73,118
down €73,118 (-15.2%), from €482,574 to €409,456
- Short-term financial debts +€50,000
up €50,000 (+98.0%), from €51,000 to €101,000
- Reserves +€21,014
up €21,014 (+14.5%), from €144,746 to €165,759
- Accrued charges and deferred income +€9,842
up €9,842 (+4,699%), from €209 to €10,051
- Financial charges +€7,458
up €7,458 (+47.1%), from €15,833 to €23,292
- Depreciation -€1,966
down €1,966 (-2.4%), from €80,438 to €78,472
- Taxes -€1,654
down €1,654 (-16.9%), from €9,773 to €8,119
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 | €927,656 | €937,540 | +€9,884 | +1.1% |
| Fixed assets | 21/28 | €831,968 | €786,689 | -€45,279 | -5.4% |
| Tangible fixed assets | 22/27 | €831,968 | €786,689 | -€45,279 | -5.4% |
| Land and buildings | 22 | €831,804 | €785,986 | -€45,818 | -5.5% |
| Furniture and vehicles | 24 | - | €702 | +€702 | |
| Leasing and similar rights | 25 | €164 | - | -€164 | |
| Current assets | 29/58 | €95,688 | €150,852 | +€55,164 | +57.6% |
| Amounts receivable within one year | 40/41 | €727 | €3,109 | +€2,381 | +327% |
| Other amounts receivable | 41 | €727 | €3,109 | +€2,381 | +327% |
| Cash at bank and in hand | 54/58 | €93,160 | €146,669 | +€53,509 | +57.4% |
| Deferred charges and accrued income | 490/1 | €1,800 | €1,074 | -€726 | -40.3% |
| Total equity and liabilities | 10/49 | €927,656 | €937,540 | +€9,884 | +1.1% |
| Equity | 10/15 | €163,346 | €184,359 | +€21,014 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €144,746 | €165,759 | +€21,014 | +14.5% |
| Distributable reserves | 133 | €144,746 | €165,759 | +€21,014 | +14.5% |
| Amounts payable | 17/49 | €764,310 | €753,181 | -€11,129 | -1.5% |
| Amounts payable after more than one year | 17 | €482,574 | €409,456 | -€73,118 | -15.2% |
| Financial debts | 170/4 | €482,574 | €409,456 | -€73,118 | -15.2% |
| Amounts payable within one year | 42/48 | €281,527 | €333,673 | +€52,146 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €72,312 | €73,118 | +€806 | +1.1% |
| Financial debts | 43 | €51,000 | €101,000 | +€50,000 | +98.0% |
| Credit institutions | 430/8 | €51,000 | €101,000 | +€50,000 | +98.0% |
| Trade debts | 44 | €3,084 | €2,795 | -€289 | -9.4% |
| Suppliers | 440/4 | €3,084 | €2,795 | -€289 | -9.4% |
| Taxes, remuneration and social security | 45 | €18,595 | €19,152 | +€557 | +3.0% |
| Taxes | 450/3 | €18,595 | €19,152 | +€557 | +3.0% |
| Other amounts payable | 47/48 | €136,535 | €137,608 | +€1,073 | +0.8% |
| Accrued charges and deferred income | 492/3 | €209 | €10,051 | +€9,842 | +4,699% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,438 | €78,472 | -€1,966 | -2.4% |
| Other operating charges | 640/8 | €4,296 | €4,452 | +€156 | +3.6% |
| Gross operating margin | 9900 | €136,062 | €136,181 | +€119 | +0.1% |
| Operating profit (loss) | 9901 | €51,329 | €53,257 | +€1,929 | +3.8% |
| Financial income | 75/76B | €25 | - | -€25 | |
| Recurring financial income | 75 | €25 | - | -€25 | |
| Financial charges | 65/66B | €15,833 | €23,292 | +€7,458 | +47.1% |
| Recurring financial charges | 65 | €15,833 | €23,292 | +€7,458 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €35,520 | €29,966 | -€5,554 | -15.6% |
| Income taxes | 67/77 | €9,773 | €8,119 | -€1,654 | -16.9% |
| Profit (loss) for the period | 9904 | €25,747 | €21,847 | -€3,900 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,747 | €21,847 | -€3,900 | -15.1% |
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 14 October 2026 via checked.be.