Malevez Stratimmo: 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.
Malevez Stratimmo
Largest movements
- Tangible fixed assets +€103,778
up €103,778 (+106%), from €97,722 to €201,500
of which Land and buildings: +€87,687
- Receivables within one year +€49,577
up €49,577 (+26.4%), from €188,035 to €237,612
of which Trade receivables: +€56,840
- Stocks and contracts -€27,510
down €27,510 (-50.2%), from €54,760 to €27,250
- Revaluation surpluses +€94,050
new in 2025: €94,050
- Tax, wage and social debts -€66,894
down €66,894 (-70.4%), from €95,047 to €28,154
- Debts after one year +€48,811
up €48,811 (+540%), from €9,036 to €57,847
of which Other amounts payable: +€52,836
- Trade debts +€38,171
up €38,171 (+58.4%), from €65,307 to €103,478
- Current portion of long-term debt +€10,772
up €10,772 (+25.6%), from €42,058 to €52,830
- Gross operating margin -€16,143
down €16,143 (-25.0%), from €64,608 to €48,465
- Taxes +€8,525
up €8,525 (+70.3%), from €12,121 to €20,646
- Financial income -€7,143
down €7,143 (-46.8%), from €15,275 to €8,132
- Other operating charges -€6,150
down €6,150 (-66.2%), from €9,295 to €3,145
- Depreciation -€2,396
down €2,396 (-16.6%), from €14,431 to €12,035
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 | €343,627 | €467,075 | +€123,448 | +35.9% |
| Fixed assets | 21/28 | €97,974 | €201,752 | +€103,778 | +106% |
| Tangible fixed assets | 22/27 | €97,722 | €201,500 | +€103,778 | +106% |
| Land and buildings | 22 | €83,856 | €171,543 | +€87,687 | +105% |
| Plant, machinery and equipment | 23 | €4,317 | €3,436 | -€881 | -20.4% |
| Furniture and vehicles | 24 | €4,618 | €11,167 | +€6,549 | +142% |
| Other tangible fixed assets | 26 | €4,931 | €4,051 | -€880 | -17.9% |
| Assets under construction and advance payments | 27 | - | €11,303 | +€11,303 | |
| Financial fixed assets | 28 | €252 | €252 | = | 0.0% |
| Current assets | 29/58 | €245,653 | €265,324 | +€19,671 | +8.0% |
| Stocks and contracts in progress | 3 | €54,760 | €27,250 | -€27,510 | -50.2% |
| Stocks | 30/36 | €54,760 | €27,250 | -€27,510 | -50.2% |
| Amounts receivable within one year | 40/41 | €188,035 | €237,612 | +€49,577 | +26.4% |
| Trade receivables | 40 | €61,075 | €117,915 | +€56,840 | +93.1% |
| Other amounts receivable | 41 | €126,960 | €119,696 | -€7,263 | -5.7% |
| Cash at bank and in hand | 54/58 | €1,201 | €428 | -€773 | -64.4% |
| Deferred charges and accrued income | 490/1 | €1,657 | €34 | -€1,623 | -97.9% |
| Total equity and liabilities | 10/49 | €343,627 | €467,075 | +€123,448 | +35.9% |
| Equity | 10/15 | €129,899 | €224,767 | +€94,868 | +73.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €94,050 | +€94,050 | |
| Reserves | 13 | €31,860 | €31,860 | = | 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% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,513 | €76,050 | +€2,537 | +3.5% |
| Investment grants | 15 | €5,926 | €4,207 | -€1,719 | -29.0% |
| Amounts payable | 17/49 | €213,728 | €242,308 | +€28,580 | +13.4% |
| Amounts payable after more than one year | 17 | €9,036 | €57,847 | +€48,811 | +540% |
| Financial debts | 170/4 | €9,036 | €5,010 | -€4,025 | -44.5% |
| Other amounts payable | 178/9 | - | €52,836 | +€52,836 | |
| Amounts payable within one year | 42/48 | €204,692 | €184,461 | -€20,231 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €42,058 | €52,830 | +€10,772 | +25.6% |
| Trade debts | 44 | €65,307 | €103,478 | +€38,171 | +58.4% |
| Suppliers | 440/4 | €65,307 | €103,478 | +€38,171 | +58.4% |
| Taxes, remuneration and social security | 45 | €95,047 | €28,154 | -€66,894 | -70.4% |
| Taxes | 450/3 | €95,047 | €28,154 | -€66,894 | -70.4% |
| Other amounts payable | 47/48 | €2,280 | - | -€2,280 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,431 | €12,035 | -€2,396 | -16.6% |
| Other operating charges | 640/8 | €9,295 | €3,145 | -€6,150 | -66.2% |
| Gross operating margin | 9900 | €64,608 | €48,465 | -€16,143 | -25.0% |
| Operating profit (loss) | 9901 | €40,882 | €33,285 | -€7,597 | -18.6% |
| Financial income | 75/76B | €15,275 | €8,132 | -€7,143 | -46.8% |
| Recurring financial income | 75 | €15,275 | €8,132 | -€7,143 | -46.8% |
| Financial charges | 65/66B | €17,137 | €18,233 | +€1,096 | +6.4% |
| Recurring financial charges | 65 | €10,916 | €18,233 | +€7,317 | +67.0% |
| Non-recurring financial charges | 66B | €6,221 | - | -€6,221 | |
| Profit (loss) for the period before taxes | 9903 | €39,020 | €23,183 | -€15,837 | -40.6% |
| Income taxes | 67/77 | €12,121 | €20,646 | +€8,525 | +70.3% |
| Profit (loss) for the period | 9904 | €26,899 | €2,537 | -€24,362 | -90.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,899 | €2,537 | -€24,362 | -90.6% |
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.