MALL: 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.
MALL
Largest movements
- Tangible fixed assets -€59,756
down €59,756 (-5.7%), from €1.0m to €980,966
of which Plant, machinery and equipment: -€35,819
- Cash +€49,528
up €49,528 (+82.6%), from €59,947 to €109,475
mainly Depreciation (+€71,412) and Net result for the year (+€67,180)
- Profit (loss) carried forward +€67,180
up €67,180 (+139%), from €48,186 to €115,365
- Debts after one year -€48,915
down €48,915 (-11.6%), from €421,724 to €372,809
- Other debts -€41,184
down €41,184 (-53.0%), from €77,657 to €36,474
- Other operating charges +€7,354
up €7,354 (+48.4%), from €15,206 to €22,560
- Financial charges -€5,981
down €5,981 (-49.4%), from €12,098 to €6,117
- Gross operating margin -€5,519
down €5,519 (-3.2%), from €172,526 to €167,007
- Write-downs -€4,440
no longer reported in 2025 (was €4,440)
- Depreciation -€2,243
down €2,243 (-3.0%), from €73,655 to €71,412
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 | €1,185,304 | €1,166,473 | -€18,831 | -1.6% |
| Fixed assets | 21/28 | €1,040,722 | €980,966 | -€59,756 | -5.7% |
| Tangible fixed assets | 22/27 | €1,040,722 | €980,966 | -€59,756 | -5.7% |
| Land and buildings | 22 | €391,264 | €373,709 | -€17,555 | -4.5% |
| Plant, machinery and equipment | 23 | €638,733 | €602,914 | -€35,819 | -5.6% |
| Furniture and vehicles | 24 | €10,726 | €4,344 | -€6,382 | -59.5% |
| Current assets | 29/58 | €144,582 | €185,507 | +€40,925 | +28.3% |
| Amounts receivable within one year | 40/41 | €79,720 | €71,057 | -€8,662 | -10.9% |
| Trade receivables | 40 | €79,720 | €71,057 | -€8,662 | -10.9% |
| Cash at bank and in hand | 54/58 | €59,947 | €109,475 | +€49,528 | +82.6% |
| Deferred charges and accrued income | 490/1 | €4,915 | €4,975 | +€59 | +1.2% |
| Total equity and liabilities | 10/49 | €1,185,304 | €1,166,473 | -€18,831 | -1.6% |
| Equity | 10/15 | €624,435 | €691,614 | +€67,180 | +10.8% |
| Contributions | 10/11 | €571,630 | €571,630 | = | 0.0% |
| Reserves | 13 | €4,619 | €4,619 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €4,619 | €4,619 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,186 | €115,365 | +€67,180 | +139% |
| Amounts payable | 17/49 | €560,869 | €474,859 | -€86,010 | -15.3% |
| Amounts payable after more than one year | 17 | €421,724 | €372,809 | -€48,915 | -11.6% |
| Financial debts | 170/4 | €421,724 | €372,809 | -€48,915 | -11.6% |
| Amounts payable within one year | 42/48 | €137,336 | €99,466 | -€37,870 | -27.6% |
| Current portion of amounts payable after more than one year | 42 | €52,170 | €48,915 | -€3,255 | -6.2% |
| Trade debts | 44 | €5,287 | €7,254 | +€1,968 | +37.2% |
| Suppliers | 440/4 | €5,287 | €7,254 | +€1,968 | +37.2% |
| Taxes, remuneration and social security | 45 | €2,222 | €6,823 | +€4,601 | +207% |
| Taxes | 450/3 | €2,222 | €6,823 | +€4,601 | +207% |
| Other amounts payable | 47/48 | €77,657 | €36,474 | -€41,184 | -53.0% |
| Accrued charges and deferred income | 492/3 | €1,810 | €2,585 | +€775 | +42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,655 | €71,412 | -€2,243 | -3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,440 | - | -€4,440 | |
| Other operating charges | 640/8 | €15,206 | €22,560 | +€7,354 | +48.4% |
| Gross operating margin | 9900 | €172,526 | €167,007 | -€5,519 | -3.2% |
| Operating profit (loss) | 9901 | €79,225 | €73,035 | -€6,190 | -7.8% |
| Financial income | 75/76B | €124 | €687 | +€563 | +454% |
| Recurring financial income | 75 | €124 | €687 | +€563 | +454% |
| Financial charges | 65/66B | €12,098 | €6,117 | -€5,981 | -49.4% |
| Recurring financial charges | 65 | €12,098 | €6,117 | -€5,981 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | €67,251 | €67,605 | +€354 | +0.5% |
| Income taxes | 67/77 | €299 | €425 | +€126 | +42.1% |
| Profit (loss) for the period | 9904 | €66,951 | €67,180 | +€228 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,951 | €67,180 | +€228 | +0.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.