Maelbosch: 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.
Maelbosch
Largest movements
- Stocks and contracts -€69,176
down €69,176 (-100.0%), from €69,176 to €0
- Reserves -€72,395
down €72,395 (-10.8%), from €673,318 to €600,923
- Gross operating margin -€68,760
down €68,760 (-3372.4%), from -€2,039 to -€70,799
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.
Cash bridge derived
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 | €789,709 | €716,739 | -€72,970 | -9.2% |
| Fixed assets | 21/28 | €591,472 | €591,472 | = | 0.0% |
| Financial fixed assets | 28 | €591,472 | €591,472 | = | 0.0% |
| Current assets | 29/58 | €198,237 | €125,267 | -€72,970 | -36.8% |
| Stocks and contracts in progress | 3 | €69,176 | €0 | -€69,176 | -100.0% |
| Contracts in progress | 37 | €69,176 | €0 | -€69,176 | -100.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €129,061 | €125,267 | -€3,794 | -2.9% |
| Total equity and liabilities | 10/49 | €789,709 | €716,739 | -€72,970 | -9.2% |
| Equity | 10/15 | €788,673 | €716,278 | -€72,395 | -9.2% |
| Contributions | 10/11 | €115,355 | €115,355 | = | 0.0% |
| Reserves | 13 | €673,318 | €600,923 | -€72,395 | -10.8% |
| Distributable reserves | 133 | €673,318 | €600,923 | -€72,395 | -10.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,036 | €461 | -€575 | -55.5% |
| Amounts payable within one year | 42/48 | €1,036 | €461 | -€575 | -55.5% |
| Trade debts | 44 | €1,035 | €461 | -€574 | -55.4% |
| Suppliers | 440/4 | €1,035 | €461 | -€574 | -55.4% |
| Other amounts payable | 47/48 | €1 | €0 | -€1 | -100.0% |
| Other operating charges | 640/8 | €1,557 | €1,543 | -€15 | -0.9% |
| Gross operating margin | 9900 | -€2,039 | -€70,799 | -€68,760 | -3372.4% |
| Operating profit (loss) | 9901 | -€3,596 | -€72,342 | -€68,746 | -1911.7% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €64 | €54 | -€10 | -15.7% |
| Recurring financial charges | 65 | €64 | €54 | -€10 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,660 | -€72,395 | -€68,735 | -1877.9% |
| Profit (loss) for the period | 9904 | -€3,660 | -€72,395 | -€68,735 | -1877.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,660 | -€72,395 | -€68,735 | -1877.9% |
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 12 October 2026 via checked.be.