MADELE Woonprojecten: 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.
MADELE Woonprojecten
Largest movements
- Stocks and contracts +€431,276
up €431,276 (+246%), from €175,574 to €606,850
- Cash -€6,150
down €6,150 (-100%), from €6,150 to €0
mainly Stocks and contracts (-€431,276) and Trade debts (-€986)
- Short-term financial debts +€238,000
new in 2025: €238,000
- Other debts +€142,663
up €142,663 (+82.0%), from €173,875 to €316,538
- Reserves +€36,002
up €36,002 (+48,592%), from €74 to €36,076
- Tax, wage and social debts +€6,230
up €6,230, from €0 to €6,230
- Gross operating margin +€55,304
up €55,304, from -€2,773 to €52,531
- Taxes +€6,230
up €6,230, from €0 to €6,230
- Financial charges +€5,162
up €5,162 (+8,935%), from €58 to €5,220
- Other operating charges +€1,474
up €1,474 (+381%), from €387 to €1,862
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 | €181,724 | €606,850 | +€425,126 | +234% |
| Current assets | 29/58 | €181,724 | €606,850 | +€425,126 | +234% |
| Stocks and contracts in progress | 3 | €175,574 | €606,850 | +€431,276 | +246% |
| Stocks | 30/36 | €175,574 | €606,850 | +€431,276 | +246% |
| Cash at bank and in hand | 54/58 | €6,150 | €0 | -€6,150 | -100% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €181,724 | €606,850 | +€425,126 | +234% |
| Equity | 10/15 | €6,856 | €46,076 | +€39,220 | +572% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €74 | €36,076 | +€36,002 | +48,592% |
| Distributable reserves | 133 | €74 | €36,076 | +€36,002 | +48,592% |
| Profit (loss) carried forward | 14 | -€3,218 | €0 | +€3,218 | |
| Amounts payable | 17/49 | €174,868 | €560,774 | +€385,907 | +221% |
| Amounts payable within one year | 42/48 | €174,868 | €560,774 | +€385,907 | +221% |
| Financial debts | 43 | - | €238,000 | +€238,000 | |
| Credit institutions | 430/8 | - | €238,000 | +€238,000 | |
| Trade debts | 44 | €992 | €6 | -€986 | -99.4% |
| Suppliers | 440/4 | €992 | €6 | -€986 | -99.4% |
| Taxes, remuneration and social security | 45 | €0 | €6,230 | +€6,230 | |
| Taxes | 450/3 | €0 | €6,230 | +€6,230 | |
| Other amounts payable | 47/48 | €173,875 | €316,538 | +€142,663 | +82.0% |
| Other operating charges | 640/8 | €387 | €1,862 | +€1,474 | +381% |
| Gross operating margin | 9900 | -€2,773 | €52,531 | +€55,304 | |
| Operating profit (loss) | 9901 | -€3,160 | €50,669 | +€53,830 | |
| Financial charges | 65/66B | €58 | €5,220 | +€5,162 | +8,935% |
| Recurring financial charges | 65 | €58 | €5,220 | +€5,162 | +8,935% |
| Profit (loss) for the period before taxes | 9903 | -€3,218 | €45,450 | +€48,668 | |
| Income taxes | 67/77 | €0 | €6,230 | +€6,230 | |
| Profit (loss) for the period | 9904 | -€3,218 | €39,220 | +€42,438 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,218 | €39,220 | +€42,438 |
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 15 October 2026 via checked.be.