MADMALI: 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.
MADMALI
Largest movements
- Cash -€3,050
down €3,050 (-4.1%), from €73,575 to €70,525
mainly Net result for the year (-€4,407) and Other debts (-€183)
- Profit (loss) carried forward -€4,407
down €4,407 (-34.4%), from €12,820 to €8,413
- Trade debts +€1,307
up €1,307 (+490%), from €266 to €1,573
- Financial charges -€2,767
down €2,767 (-55.3%), from €5,000 to €2,233
- Gross operating margin +€1,663
up €1,663 (+43.3%), from -€3,837 to -€2,174
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 | €73,808 | €70,525 | -€3,283 | -4.4% |
| Current assets | 29/58 | €73,808 | €70,525 | -€3,283 | -4.4% |
| Amounts receivable within one year | 40/41 | €233 | - | -€233 | |
| Other amounts receivable | 41 | €233 | - | -€233 | |
| Cash at bank and in hand | 54/58 | €73,575 | €70,525 | -€3,050 | -4.1% |
| Total equity and liabilities | 10/49 | €73,808 | €70,525 | -€3,283 | -4.4% |
| Equity | 10/15 | €56,820 | €52,413 | -€4,407 | -7.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,820 | €8,413 | -€4,407 | -34.4% |
| Amounts payable | 17/49 | €16,989 | €18,112 | +€1,124 | +6.6% |
| Amounts payable within one year | 42/48 | €16,989 | €18,112 | +€1,124 | +6.6% |
| Trade debts | 44 | €266 | €1,573 | +€1,307 | +490% |
| Suppliers | 440/4 | €266 | €1,573 | +€1,307 | +490% |
| Other amounts payable | 47/48 | €16,722 | €16,539 | -€183 | -1.1% |
| Gross operating margin | 9900 | -€3,837 | -€2,174 | +€1,663 | +43.3% |
| Operating profit (loss) | 9901 | -€3,837 | -€2,174 | +€1,663 | +43.3% |
| Financial charges | 65/66B | €5,000 | €2,233 | -€2,767 | -55.3% |
| Recurring financial charges | 65 | €5,000 | €2,233 | -€2,767 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,837 | -€4,407 | +€4,430 | +50.1% |
| Profit (loss) for the period | 9904 | -€8,837 | -€4,407 | +€4,430 | +50.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,837 | -€4,407 | +€4,430 | +50.1% |
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 25 October 2026 via checked.be.