Mali Vastgoed: 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.
Mali Vastgoed
Largest movements
- Tangible fixed assets -€5,137
down €5,137 (-2.6%), from €197,295 to €192,158
of which Land and buildings: -€4,921
- Receivables within one year -€3,500
no longer reported in 2025 (was €3,500)
- Debts after one year -€7,059
down €7,059 (-6.0%), from €118,312 to €111,253
- Profit (loss) carried forward -€4,345
down €4,345 (-13.3%), from -€32,570 to -€36,914
- Other debts +€3,500
up €3,500 (+35.0%), from €10,000 to €13,500
- Gross operating margin -€436
down €436 (-4.7%), from €9,219 to €8,784
- Financial charges +€361
up €361 (+5.9%), from €6,137 to €6,498
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 | €203,003 | €196,072 | -€6,930 | -3.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €197,295 | €192,158 | -€5,137 | -2.6% |
| Tangible fixed assets | 22/27 | €197,295 | €192,158 | -€5,137 | -2.6% |
| Land and buildings | 22 | €196,538 | €191,617 | -€4,921 | -2.5% |
| Plant, machinery and equipment | 23 | €757 | €541 | -€216 | -28.5% |
| Current assets | 29/58 | €5,708 | €3,914 | -€1,794 | -31.4% |
| Amounts receivable within one year | 40/41 | €3,500 | - | -€3,500 | |
| Other amounts receivable | 41 | €3,500 | - | -€3,500 | |
| Cash at bank and in hand | 54/58 | €2,208 | €3,914 | +€1,706 | +77.3% |
| Total equity and liabilities | 10/49 | €203,003 | €196,072 | -€6,930 | -3.4% |
| Equity | 10/15 | €67,430 | €63,086 | -€4,345 | -6.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,570 | -€36,914 | -€4,345 | -13.3% |
| Amounts payable | 17/49 | €135,572 | €132,987 | -€2,586 | -1.9% |
| Amounts payable after more than one year | 17 | €118,312 | €111,253 | -€7,059 | -6.0% |
| Financial debts | 170/4 | €118,312 | €111,253 | -€7,059 | -6.0% |
| Amounts payable within one year | 42/48 | €17,260 | €21,733 | +€4,473 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €7,260 | €7,631 | +€371 | +5.1% |
| Trade debts | 44 | - | €602 | +€602 | |
| Suppliers | 440/4 | - | €602 | +€602 | |
| Other amounts payable | 47/48 | €10,000 | €13,500 | +€3,500 | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,137 | €5,137 | = | 0.0% |
| Other operating charges | 640/8 | €1,451 | €1,493 | +€42 | +2.9% |
| Gross operating margin | 9900 | €9,219 | €8,784 | -€436 | -4.7% |
| Operating profit (loss) | 9901 | €2,631 | €2,153 | -€478 | -18.2% |
| Financial charges | 65/66B | €6,137 | €6,498 | +€361 | +5.9% |
| Recurring financial charges | 65 | €6,137 | €6,498 | +€361 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,505 | -€4,345 | -€839 | -23.9% |
| Profit (loss) for the period | 9904 | -€3,505 | -€4,345 | -€839 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,505 | -€4,345 | -€839 | -23.9% |
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 28 October 2026 via checked.be.