MADY'S HOUSE: what changed
What changed
MADY'S HOUSE
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€7,332
2024 · -€10,066+€2,734
Equity
-€55,485
2024 · -€48,154-€7,332
Cash
€13
2024 · €13+€0
Balance sheet total
€589,321
2024 · €589,520-€199
Largest movements
Assets
- Tangible fixed assets -€28,774
down €28,774 (-5.1%), from €566,908 to €538,134
- Receivables within one year +€28,576
up €28,576 (+126%), from €22,599 to €51,174
of which Trade receivables: +€46,789
Equity and liabilities
- Profit (loss) carried forward -€7,332
down €7,332 (-11.7%), from -€62,414 to -€69,745
Income statement
- Gross operating margin +€33,586
up €33,586 (+1,098%), from €3,059 to €36,646
- Depreciation +€30,268
new in 2025: €30,268
- Financial charges +€546
up €546 (+4.5%), from €12,020 to €12,566
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€10,066
Gross operating margin
+€33,586
Depreciation
-€30,268
Other operating charges
-€37
Financial income
-€2
Financial charges
-€546
Taxes
+€0
Result 2025
-€7,332
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€579
Investment
-€1,493
Financing
+€2,073
Cash 2024
€13
From operations (derived)
-€579
Net result for the year
-€7,332
Depreciation
+€30,268
Receivables within one year
-€28,576
Trade debts
+€3,597
Tax, wage and social debts
+€4,415
Other debts
-€2,951
Investment (derived)
-€1,493
Investment in fixed assets (net)
-€1,493
Financing
+€2,073
Debts after one year
+€1,391
Current portion of long-term debt
+€670
Short-term financial debts
+€11
Cash 2025
€13
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €589,520 | €589,321 | -€199 | 0.0% |
| Fixed assets | 21/28 | €566,908 | €538,134 | -€28,774 | -5.1% |
| Tangible fixed assets | 22/27 | €566,908 | €538,134 | -€28,774 | -5.1% |
| Land and buildings | 22 | €566,908 | €538,134 | -€28,774 | -5.1% |
| Current assets | 29/58 | €22,612 | €51,187 | +€28,576 | +126% |
| Amounts receivable within one year | 40/41 | €22,599 | €51,174 | +€28,576 | +126% |
| Trade receivables | 40 | €4,385 | €51,174 | +€46,789 | +1,067% |
| Other amounts receivable | 41 | €18,214 | - | -€18,214 | |
| Cash at bank and in hand | 54/58 | €13 | €13 | +€0 | +0.9% |
| Total equity and liabilities | 10/49 | €589,520 | €589,321 | -€199 | 0.0% |
| Equity | 10/15 | -€48,154 | -€55,485 | -€7,332 | -15.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,414 | -€69,745 | -€7,332 | -11.7% |
| Amounts payable | 17/49 | €637,673 | €644,806 | +€7,133 | +1.1% |
| Amounts payable after more than one year | 17 | €545,631 | €547,022 | +€1,391 | +0.3% |
| Financial debts | 170/4 | €465,631 | €427,539 | -€38,092 | -8.2% |
| Other amounts payable | 178/9 | €80,000 | €119,484 | +€39,484 | +49.4% |
| Amounts payable within one year | 42/48 | €92,042 | €97,784 | +€5,742 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €40,568 | €41,238 | +€670 | +1.7% |
| Financial debts | 43 | €48,523 | €48,534 | +€11 | 0.0% |
| Credit institutions | 430/8 | €48,523 | €48,534 | +€11 | 0.0% |
| Trade debts | 44 | - | €3,597 | +€3,597 | |
| Suppliers | 440/4 | - | €3,597 | +€3,597 | |
| Taxes, remuneration and social security | 45 | - | €4,415 | +€4,415 | |
| Taxes | 450/3 | - | €4,415 | +€4,415 | |
| Other amounts payable | 47/48 | €2,951 | - | -€2,951 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €30,268 | +€30,268 | |
| Other operating charges | 640/8 | €1,106 | €1,144 | +€37 | +3.4% |
| Gross operating margin | 9900 | €3,059 | €36,646 | +€33,586 | +1,098% |
| Operating profit (loss) | 9901 | €1,953 | €5,234 | +€3,281 | +168% |
| Financial income | 75/76B | €2 | €0 | -€2 | -89.8% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -89.8% |
| Financial charges | 65/66B | €12,020 | €12,566 | +€546 | +4.5% |
| Recurring financial charges | 65 | €12,020 | €12,566 | +€546 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,065 | -€7,332 | +€2,733 | +27.2% |
| Income taxes | 67/77 | €1 | €0 | -€0 | -90.0% |
| Profit (loss) for the period | 9904 | -€10,066 | -€7,332 | +€2,734 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,066 | -€7,332 | +€2,734 | +27.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.