MAL D'AMOUR: 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.
MAL D'AMOUR
Largest movements
- Tangible fixed assets -€15,153
down €15,153 (-18.2%), from €83,149 to €67,996
of which Land and buildings: -€7,993
- Other debts -€13,504
down €13,504 (-19.2%), from €70,224 to €56,719
- Profit (loss) carried forward +€6,128
up €6,128 (+4.8%), from -€128,082 to -€121,954
- Debts after one year -€5,894
down €5,894 (-56.9%), from €10,362 to €4,469
- Short-term financial debts -€1,774
down €1,774 (-9.0%), from €19,676 to €17,902
- Gross operating margin +€1,212
up €1,212 (+4.8%), from €25,267 to €26,479
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,149 | €67,996 | -€15,153 | -18.2% |
| Fixed assets | 21/28 | €83,149 | €67,996 | -€15,153 | -18.2% |
| Tangible fixed assets | 22/27 | €83,149 | €67,996 | -€15,153 | -18.2% |
| Land and buildings | 22 | €75,327 | €67,334 | -€7,993 | -10.6% |
| Plant, machinery and equipment | 23 | €7,823 | €663 | -€7,160 | -91.5% |
| Total equity and liabilities | 10/49 | €83,149 | €67,996 | -€15,153 | -18.2% |
| Equity | 10/15 | -€20,220 | -€14,092 | +€6,128 | +30.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €89,270 | €89,270 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,664 | €14,664 | = | 0.0% |
| Distributable reserves | 133 | €74,606 | €74,606 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€128,082 | -€121,954 | +€6,128 | +4.8% |
| Amounts payable | 17/49 | €103,370 | €82,088 | -€21,281 | -20.6% |
| Amounts payable after more than one year | 17 | €10,362 | €4,469 | -€5,894 | -56.9% |
| Financial debts | 170/4 | €10,362 | €4,469 | -€5,894 | -56.9% |
| Amounts payable within one year | 42/48 | €91,257 | €75,870 | -€15,387 | -16.9% |
| Financial debts | 43 | €19,676 | €17,902 | -€1,774 | -9.0% |
| Credit institutions | 430/8 | €19,676 | €17,902 | -€1,774 | -9.0% |
| Trade debts | 44 | €1,357 | €1,248 | -€109 | -8.0% |
| Suppliers | 440/4 | €1,357 | €1,248 | -€109 | -8.0% |
| Other amounts payable | 47/48 | €70,224 | €56,719 | -€13,504 | -19.2% |
| Accrued charges and deferred income | 492/3 | €1,750 | €1,750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,153 | €15,153 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,447 | €2,633 | +€186 | +7.6% |
| Gross operating margin | 9900 | €25,267 | €26,479 | +€1,212 | +4.8% |
| Operating profit (loss) | 9901 | €7,668 | €8,693 | +€1,025 | +13.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,773 | €2,565 | -€208 | -7.5% |
| Recurring financial charges | 65 | €2,773 | €2,565 | -€208 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €4,894 | €6,128 | +€1,234 | +25.2% |
| Profit (loss) for the period | 9904 | €4,894 | €6,128 | +€1,234 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,894 | €6,128 | +€1,234 | +25.2% |
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.