MeubleMalin: 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.
MeubleMalin
Largest movements
- Cash +€18,702
up €18,702 (+479%), from €3,905 to €22,608
mainly Net result for the year (+€33,004) and Receivables within one year (+€11,506)
- Receivables within one year -€11,506
no longer reported in 2025 (was €11,506)
of which Trade receivables: -€8,043
- Intangible fixed assets -€1,660
down €1,660 (-28.4%), from €5,853 to €4,193
- Stocks and contracts +€1,599
up €1,599 (+6.3%), from €25,391 to €26,990
- Tangible fixed assets +€1,447
up €1,447 (+13.6%), from €10,632 to €12,078
of which Plant, machinery and equipment: +€7,036
- Profit (loss) carried forward +€33,004
up €33,004, from -€6,435 to €26,569
- Other debts -€19,981
down €19,981 (-45.1%), from €44,322 to €24,341
- Trade debts -€6,955
down €6,955 (-65.9%), from €10,549 to €3,594
- Tax, wage and social debts +€2,515
new in 2025: €2,515
- Gross operating margin +€69,429
up €69,429, from -€23,603 to €45,826
- Taxes +€2,116
new in 2025: €2,116
- Depreciation +€1,872
up €1,872 (+34.2%), from €5,481 to €7,353
- Other operating charges -€1,206
down €1,206 (-59.4%), from €2,032 to €826
- Staff costs -€553
down €553 (-18.2%), from €3,031 to €2,478
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 | €63,437 | €72,019 | +€8,582 | +13.5% |
| Fixed assets | 21/28 | €22,635 | €22,421 | -€213 | -0.9% |
| Intangible fixed assets | 21 | €5,853 | €4,193 | -€1,660 | -28.4% |
| Tangible fixed assets | 22/27 | €10,632 | €12,078 | +€1,447 | +13.6% |
| Plant, machinery and equipment | 23 | - | €7,036 | +€7,036 | |
| Furniture and vehicles | 24 | €10,632 | €5,043 | -€5,589 | -52.6% |
| Financial fixed assets | 28 | €6,150 | €6,150 | = | 0.0% |
| Current assets | 29/58 | €40,802 | €49,598 | +€8,796 | +21.6% |
| Stocks and contracts in progress | 3 | €25,391 | €26,990 | +€1,599 | +6.3% |
| Stocks | 30/36 | €25,391 | €26,990 | +€1,599 | +6.3% |
| Amounts receivable within one year | 40/41 | €11,506 | - | -€11,506 | |
| Trade receivables | 40 | €8,043 | - | -€8,043 | |
| Other amounts receivable | 41 | €3,463 | - | -€3,463 | |
| Cash at bank and in hand | 54/58 | €3,905 | €22,608 | +€18,702 | +479% |
| Total equity and liabilities | 10/49 | €63,437 | €72,019 | +€8,582 | +13.5% |
| Equity | 10/15 | €8,565 | €41,569 | +€33,004 | +385% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,435 | €26,569 | +€33,004 | |
| Amounts payable | 17/49 | €54,871 | €30,450 | -€24,421 | -44.5% |
| Amounts payable within one year | 42/48 | €54,871 | €30,450 | -€24,421 | -44.5% |
| Trade debts | 44 | €10,549 | €3,594 | -€6,955 | -65.9% |
| Suppliers | 440/4 | €10,549 | €3,594 | -€6,955 | -65.9% |
| Taxes, remuneration and social security | 45 | - | €2,515 | +€2,515 | |
| Taxes | 450/3 | - | €2,515 | +€2,515 | |
| Other amounts payable | 47/48 | €44,322 | €24,341 | -€19,981 | -45.1% |
| Non-recurring operating income | 76A | €1,588 | - | -€1,588 | |
| Remuneration, social security and pensions | 62 | €3,031 | €2,478 | -€553 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,481 | €7,353 | +€1,872 | +34.2% |
| Other operating charges | 640/8 | €2,032 | €826 | -€1,206 | -59.4% |
| Gross operating margin | 9900 | -€23,603 | €45,826 | +€69,429 | |
| Operating profit (loss) | 9901 | -€34,148 | €35,169 | +€69,316 | |
| Financial income | 75/76B | €162 | €167 | +€4 | +2.7% |
| Recurring financial income | 75 | €162 | €167 | +€4 | +2.7% |
| Financial charges | 65/66B | €367 | €216 | -€151 | -41.2% |
| Recurring financial charges | 65 | €367 | €216 | -€151 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | -€34,352 | €35,120 | +€69,472 | |
| Income taxes | 67/77 | - | €2,116 | +€2,116 | |
| Profit (loss) for the period | 9904 | -€34,352 | €33,004 | +€67,356 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,352 | €33,004 | +€67,356 |
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 19 October 2026 via checked.be.