Mall & Partners: 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 & Partners
Largest movements
- Receivables within one year -€21,277
down €21,277 (-97.9%), from €21,731 to €455
of which Trade receivables: -€21,518
- Cash +€6,351
up €6,351 (+98.8%), from €6,432 to €12,783
mainly Receivables within one year (+€21,277) and Net result for the year (+€3,110)
- Deferred charges and accrued income +€1,436
new in 2025: €1,436
- Tangible fixed assets -€684
down €684 (-36.8%), from €1,860 to €1,176
- Other debts -€11,861
down €11,861 (-37.4%), from €31,741 to €19,880
- Trade debts -€5,549
down €5,549 (-68.0%), from €8,164 to €2,615
of which Bills of exchange payable: -€3,224
- Profit (loss) carried forward +€3,110
up €3,110 (+8.4%), from -€37,133 to -€34,023
- Depreciation +€492
up €492 (+256%), from €192 to €684
- Other operating charges +€388
up €388 (+72.3%), from €537 to €925
- Gross operating margin +€246
up €246 (+2.2%), from €11,224 to €11,471
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 | €30,023 | €15,849 | -€14,174 | -47.2% |
| Fixed assets | 21/28 | €1,860 | €1,176 | -€684 | -36.8% |
| Tangible fixed assets | 22/27 | €1,860 | €1,176 | -€684 | -36.8% |
| Furniture and vehicles | 24 | €1,860 | €1,176 | -€684 | -36.8% |
| Current assets | 29/58 | €28,163 | €14,673 | -€13,490 | -47.9% |
| Amounts receivable within one year | 40/41 | €21,731 | €455 | -€21,277 | -97.9% |
| Trade receivables | 40 | €21,518 | - | -€21,518 | |
| Other amounts receivable | 41 | €213 | €455 | +€241 | +113% |
| Cash at bank and in hand | 54/58 | €6,432 | €12,783 | +€6,351 | +98.8% |
| Deferred charges and accrued income | 490/1 | - | €1,436 | +€1,436 | |
| Total equity and liabilities | 10/49 | €30,023 | €15,849 | -€14,174 | -47.2% |
| Equity | 10/15 | -€16,673 | -€13,563 | +€3,110 | +18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€37,133 | -€34,023 | +€3,110 | +8.4% |
| Amounts payable | 17/49 | €46,696 | €29,412 | -€17,284 | -37.0% |
| Amounts payable within one year | 42/48 | €46,405 | €29,110 | -€17,295 | -37.3% |
| Trade debts | 44 | €8,164 | €2,615 | -€5,549 | -68.0% |
| Suppliers | 440/4 | €4,940 | €2,615 | -€2,324 | -47.1% |
| Bills of exchange payable | 441 | €3,224 | - | -€3,224 | |
| Taxes, remuneration and social security | 45 | €6,500 | €6,615 | +€115 | +1.8% |
| Taxes | 450/3 | €6,500 | €6,615 | +€115 | +1.8% |
| Other amounts payable | 47/48 | €31,741 | €19,880 | -€11,861 | -37.4% |
| Accrued charges and deferred income | 492/3 | €291 | €302 | +€12 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €192 | €684 | +€492 | +256% |
| Other operating charges | 640/8 | €537 | €925 | +€388 | +72.3% |
| Gross operating margin | 9900 | €11,224 | €11,471 | +€246 | +2.2% |
| Operating profit (loss) | 9901 | €10,495 | €9,861 | -€634 | -6.0% |
| Financial income | 75/76B | €14 | €0 | -€13 | -97.5% |
| Recurring financial income | 75 | €14 | €0 | -€13 | -97.5% |
| Financial charges | 65/66B | €248 | €260 | +€12 | +4.9% |
| Recurring financial charges | 65 | €248 | €260 | +€12 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €10,261 | €9,602 | -€659 | -6.4% |
| Income taxes | 67/77 | €6,500 | €6,492 | -€8 | -0.1% |
| Profit (loss) for the period | 9904 | €3,761 | €3,110 | -€651 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,761 | €3,110 | -€651 | -17.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.