Verhuringen De Malsche: 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.
Verhuringen De Malsche
Largest movements
- Cash -€104,446
down €104,446 (-95.1%), from €109,849 to €5,403
mainly Other debts (-€249,674) and Accrued charges and deferred income (-€11,351)
- Tangible fixed assets -€33,135
down €33,135 (-3.0%), from €1.1m to €1.1m
- Other debts -€249,674
down €249,674 (-86.9%), from €287,390 to €37,716
- Profit (loss) carried forward +€122,768
up €122,768 (+51.9%), from €236,747 to €359,514
- Tax, wage and social debts +€20,102
new in 2025: €20,102
- Gross operating margin +€41,067
up €41,067 (+28.6%), from €143,431 to €184,497
- Taxes +€11,139
up €11,139 (+36.1%), from €30,861 to €42,000
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 | €1,427,206 | €1,291,449 | -€135,757 | -9.5% |
| Fixed assets | 21/28 | €1,305,157 | €1,272,022 | -€33,135 | -2.5% |
| Tangible fixed assets | 22/27 | €1,106,843 | €1,073,708 | -€33,135 | -3.0% |
| Land and buildings | 22 | €1,106,843 | €1,073,708 | -€33,135 | -3.0% |
| Financial fixed assets | 28 | €198,315 | €198,315 | = | 0.0% |
| Current assets | 29/58 | €122,049 | €19,426 | -€102,622 | -84.1% |
| Amounts receivable within one year | 40/41 | €12,200 | €12,200 | = | 0.0% |
| Other amounts receivable | 41 | €12,200 | €12,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €109,849 | €5,403 | -€104,446 | -95.1% |
| Deferred charges and accrued income | 490/1 | - | €1,824 | +€1,824 | |
| Total equity and liabilities | 10/49 | €1,427,206 | €1,291,449 | -€135,757 | -9.5% |
| Equity | 10/15 | €999,330 | €1,108,896 | +€109,566 | +11.0% |
| Contributions | 10/11 | €189,678 | €189,678 | = | 0.0% |
| Contributions outside capital | 11 | €189,678 | €189,678 | = | 0.0% |
| Other | 1109/19 | €189,678 | €189,678 | = | 0.0% |
| Reserves | 13 | €572,905 | €559,704 | -€13,201 | -2.3% |
| Non-distributable reserves | 130/1 | €6,796 | €6,796 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,796 | €6,796 | = | 0.0% |
| Tax-exempt reserves | 132 | €552,772 | €539,570 | -€13,201 | -2.4% |
| Distributable reserves | 133 | €13,338 | €13,338 | = | 0.0% |
| Profit (loss) carried forward | 14 | €236,747 | €359,514 | +€122,768 | +51.9% |
| Provisions and deferred taxes | 16 | €125,008 | €120,608 | -€4,400 | -3.5% |
| Deferred taxes | 168 | €125,008 | €120,608 | -€4,400 | -3.5% |
| Amounts payable | 17/49 | €302,868 | €61,945 | -€240,923 | -79.5% |
| Amounts payable within one year | 42/48 | €289,390 | €59,818 | -€229,572 | -79.3% |
| Trade debts | 44 | €2,000 | €2,000 | = | 0.0% |
| Suppliers | 440/4 | €2,000 | €2,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €20,102 | +€20,102 | |
| Taxes | 450/3 | - | €20,102 | +€20,102 | |
| Other amounts payable | 47/48 | €287,390 | €37,716 | -€249,674 | -86.9% |
| Accrued charges and deferred income | 492/3 | €13,478 | €2,127 | -€11,351 | -84.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,125 | €32,401 | +€276 | +0.9% |
| Other operating charges | 640/8 | €5,443 | €4,858 | -€585 | -10.7% |
| Gross operating margin | 9900 | €143,431 | €184,497 | +€41,067 | +28.6% |
| Operating profit (loss) | 9901 | €105,862 | €147,238 | +€41,375 | +39.1% |
| Financial charges | 65/66B | €201 | €72 | -€129 | -64.1% |
| Recurring financial charges | 65 | €201 | €72 | -€129 | -64.1% |
| Profit (loss) for the period before taxes | 9903 | €105,661 | €147,166 | +€41,505 | +39.3% |
| Transfer from deferred taxes | 780 | €4,400 | €4,400 | = | 0.0% |
| Income taxes | 67/77 | €30,861 | €42,000 | +€11,139 | +36.1% |
| Profit (loss) for the period | 9904 | €79,201 | €109,566 | +€30,366 | +38.3% |
| Transfer from tax-exempt reserves | 789 | €13,201 | €13,201 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €92,402 | €122,768 | +€30,366 | +32.9% |
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 23 October 2026 via checked.be.