VANMALTHI: 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.
VANMALTHI
Largest movements
- Tangible fixed assets -€3,465
down €3,465 (-2.2%), from €155,398 to €151,933
- Profit (loss) carried forward -€3,903
down €3,903 (-5.2%), from -€75,571 to -€79,474
- Gross operating margin +€5,878
up €5,878, from -€1,887 to €3,991
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 | €208,298 | €204,395 | -€3,903 | -1.9% |
| Fixed assets | 21/28 | €155,398 | €151,933 | -€3,465 | -2.2% |
| Tangible fixed assets | 22/27 | €155,398 | €151,933 | -€3,465 | -2.2% |
| Land and buildings | 22 | €155,398 | €151,933 | -€3,465 | -2.2% |
| Current assets | 29/58 | €52,900 | €52,462 | -€438 | -0.8% |
| Amounts receivable within one year | 40/41 | €45,800 | €45,800 | = | 0.0% |
| Other amounts receivable | 41 | €45,800 | €45,800 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,100 | €6,662 | -€438 | -6.2% |
| Total equity and liabilities | 10/49 | €208,298 | €204,395 | -€3,903 | -1.9% |
| Equity | 10/15 | €204,429 | €200,526 | -€3,903 | -1.9% |
| Contributions | 10/11 | €280,000 | €280,000 | = | 0.0% |
| Capital | 10 | €280,000 | €280,000 | = | 0.0% |
| Issued capital | 100 | €280,000 | €280,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,571 | -€79,474 | -€3,903 | -5.2% |
| Amounts payable | 17/49 | €3,870 | €3,870 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,870 | €3,870 | = | 0.0% |
| Other amounts payable | 47/48 | €3,870 | €3,870 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,570 | €7,570 | = | 0.0% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | -€1,887 | €3,991 | +€5,878 | |
| Operating profit (loss) | 9901 | -€9,597 | -€3,722 | +€5,875 | +61.2% |
| Financial charges | 65/66B | €153 | €181 | +€27 | +17.8% |
| Recurring financial charges | 65 | €153 | €181 | +€27 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,750 | -€3,903 | +€5,848 | +60.0% |
| Profit (loss) for the period | 9904 | -€9,750 | -€3,903 | +€5,848 | +60.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,750 | -€3,903 | +€5,848 | +60.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.