Mandala Realty: 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.
Mandala Realty
Largest movements
- Financial fixed assets +€536,541
up €536,541 (+118%), from €453,642 to €990,183
- Receivables within one year -€352,548
down €352,548 (-100%), from €352,548 to €0
- Revaluation surpluses +€536,541
new in 2025: €536,541
- Other debts -€474,438
down €474,438 (-88.9%), from €533,397 to €58,960
- Reserves +€375,855
up €375,855, from €0 to €375,855
- Profit (loss) carried forward -€253,061
down €253,061 (-100%), from €253,061 to €0
- Financial income +€123,750
up €123,750 (+10,064%), from €1,230 to €124,979
- Gross operating margin +€725
up €725 (+44.3%), from -€1,636 to -€912
- Financial charges -€230
down €230 (-20.9%), from €1,104 to €874
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 | €806,247 | €990,337 | +€184,090 | +22.8% |
| Fixed assets | 21/28 | €453,642 | €990,183 | +€536,541 | +118% |
| Financial fixed assets | 28 | €453,642 | €990,183 | +€536,541 | +118% |
| Current assets | 29/58 | €352,605 | €154 | -€352,451 | -100.0% |
| Amounts receivable within one year | 40/41 | €352,548 | €0 | -€352,548 | -100% |
| Other amounts receivable | 41 | €352,548 | €0 | -€352,548 | -100% |
| Cash at bank and in hand | 54/58 | €56 | €154 | +€97 | +172% |
| Total equity and liabilities | 10/49 | €806,247 | €990,337 | +€184,090 | +22.8% |
| Equity | 10/15 | €271,661 | €930,996 | +€659,335 | +243% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €536,541 | +€536,541 | |
| Reserves | 13 | €0 | €375,855 | +€375,855 | |
| Distributable reserves | 133 | €0 | €375,855 | +€375,855 | |
| Profit (loss) carried forward | 14 | €253,061 | €0 | -€253,061 | -100% |
| Amounts payable | 17/49 | €534,586 | €59,341 | -€475,245 | -88.9% |
| Amounts payable within one year | 42/48 | €534,586 | €59,341 | -€475,245 | -88.9% |
| Trade debts | 44 | €1,188 | €381 | -€807 | -67.9% |
| Suppliers | 440/4 | €1,188 | €381 | -€807 | -67.9% |
| Other amounts payable | 47/48 | €533,397 | €58,960 | -€474,438 | -88.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,636 | -€912 | +€725 | +44.3% |
| Operating profit (loss) | 9901 | -€2,024 | -€1,312 | +€712 | +35.2% |
| Financial income | 75/76B | €1,230 | €124,979 | +€123,750 | +10,064% |
| Recurring financial income | 75 | €1,230 | €124,979 | +€123,750 | +10,064% |
| Financial charges | 65/66B | €1,104 | €874 | -€230 | -20.9% |
| Recurring financial charges | 65 | €1,104 | €874 | -€230 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,898 | €122,794 | +€124,692 | |
| Profit (loss) for the period | 9904 | -€1,898 | €122,794 | +€124,692 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,898 | €122,794 | +€124,692 |
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 27 October 2026 via checked.be.