Van Mali: what changed
Two fiscal 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.
Van Mali
Largest movements
- Cash -€6,585
down €6,585 (-20.1%), from €32,708 to €26,122
mainly Net result for the year (-€12,965) and Stocks and contracts (-€381)
- Receivables within one year -€6,322
down €6,322 (-87.8%), from €7,197 to €876
- Profit (loss) carried forward -€12,965
down €12,965 (-31.3%), from €41,359 to €28,394
- Gross operating margin -€16,432
down €16,432, from €9,791 to -€6,641
- Other operating charges +€2,162
up €2,162 (+133.8%), from €1,615 to €3,778
- Taxes +€901
up €901 (+75.5%), from €1,194 to €2,094
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.
Cash bridge derived
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 | €46,879 | €33,893 | -€12,986 | -27.7% |
| Fixed assets | 21/28 | €6,355 | €5,895 | -€460 | -7.2% |
| Tangible fixed assets | 22/27 | €1,090 | €630 | -€460 | -42.2% |
| Plant, machinery and equipment | 23 | €1,090 | €630 | -€460 | -42.2% |
| Financial fixed assets | 28 | €5,265 | €5,265 | = | 0.0% |
| Current assets | 29/58 | €40,524 | €27,998 | -€12,526 | -30.9% |
| Stocks and contracts in progress | 3 | €619 | €1,000 | +€381 | +61.5% |
| Stocks | 30/36 | €619 | €1,000 | +€381 | +61.5% |
| Amounts receivable within one year | 40/41 | €7,197 | €876 | -€6,322 | -87.8% |
| Other amounts receivable | 41 | €7,197 | €876 | -€6,322 | -87.8% |
| Cash at bank and in hand | 54/58 | €32,708 | €26,122 | -€6,585 | -20.1% |
| Total equity and liabilities | 10/49 | €46,879 | €33,893 | -€12,986 | -27.7% |
| Equity | 10/15 | €41,360 | €28,395 | -€12,965 | -31.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,359 | €28,394 | -€12,965 | -31.3% |
| Amounts payable | 17/49 | €5,519 | €5,498 | -€22 | -0.4% |
| Amounts payable within one year | 42/48 | €4,889 | €4,868 | -€22 | -0.4% |
| Trade debts | 44 | €2,555 | €2,782 | +€227 | +8.9% |
| Suppliers | 440/4 | €2,555 | €2,782 | +€227 | +8.9% |
| Taxes, remuneration and social security | 45 | €2,334 | €2,086 | -€248 | -10.6% |
| Taxes | 450/3 | €2,334 | €2,086 | -€248 | -10.6% |
| Accrued charges and deferred income | 492/3 | €630 | €630 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €460 | €460 | = | 0.0% |
| Other operating charges | 640/8 | €1,615 | €3,778 | +€2,162 | +133.8% |
| Gross operating margin | 9900 | €9,791 | -€6,641 | -€16,432 | |
| Operating profit (loss) | 9901 | €7,716 | -€10,878 | -€18,594 | |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €30 | - | -€30 | |
| Recurring financial charges | 65 | €30 | - | -€30 | |
| Profit (loss) for the period before taxes | 9903 | €7,686 | -€10,870 | -€18,556 | |
| Income taxes | 67/77 | €1,194 | €2,094 | +€901 | +75.5% |
| Profit (loss) for the period | 9904 | €6,492 | -€12,965 | -€19,457 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,492 | -€12,965 | -€19,457 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.