DS MALIVI: 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.
DS MALIVI
Largest movements
- Receivables within one year -€42,598
down €42,598 (-67.1%), from €63,524 to €20,927
of which Other amounts receivable: -€34,493
- Financial fixed assets +€40,000
new in 2025: €40,000
- Tangible fixed assets -€10,409
down €10,409 (-6.0%), from €172,765 to €162,355
of which Land and buildings: -€5,337
- Cash +€5,184
up €5,184 (+69.2%), from €7,491 to €12,675
mainly Receivables within one year (+€42,598) and Net result for the year (+€16,719)
- Debts after one year -€22,644
down €22,644 (-15.2%), from €148,521 to €125,877
- Reserves +€16,719
up €16,719 (+24.7%), from €67,808 to €84,527
- Gross operating margin +€2,600
up €2,600 (+6.8%), from €38,258 to €40,858
- Taxes +€1,818
up €1,818 (+30.7%), from €5,912 to €7,729
- Financial income -€1,099
down €1,099 (-56.7%), from €1,940 to €840
- Other operating charges -€555
down €555 (-17.6%), from €3,144 to €2,590
- Financial charges +€451
up €451 (+11.9%), from €3,800 to €4,251
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 | €244,672 | €236,871 | -€7,801 | -3.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €172,765 | €202,355 | +€29,591 | +17.1% |
| Tangible fixed assets | 22/27 | €172,765 | €162,355 | -€10,409 | -6.0% |
| Land and buildings | 22 | €153,614 | €148,277 | -€5,337 | -3.5% |
| Plant, machinery and equipment | 23 | €285 | €177 | -€107 | -37.7% |
| Furniture and vehicles | 24 | €8,132 | €4,479 | -€3,653 | -44.9% |
| Other tangible fixed assets | 26 | €10,734 | €9,423 | -€1,312 | -12.2% |
| Financial fixed assets | 28 | - | €40,000 | +€40,000 | |
| Current assets | 29/58 | €71,908 | €34,516 | -€37,392 | -52.0% |
| Amounts receivable within one year | 40/41 | €63,524 | €20,927 | -€42,598 | -67.1% |
| Trade receivables | 40 | €22,100 | €13,995 | -€8,105 | -36.7% |
| Other amounts receivable | 41 | €41,424 | €6,932 | -€34,493 | -83.3% |
| Cash at bank and in hand | 54/58 | €7,491 | €12,675 | +€5,184 | +69.2% |
| Deferred charges and accrued income | 490/1 | €892 | €914 | +€22 | +2.5% |
| Total equity and liabilities | 10/49 | €244,672 | €236,871 | -€7,801 | -3.2% |
| Equity | 10/15 | €70,308 | €87,027 | +€16,719 | +23.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €67,808 | €84,527 | +€16,719 | +24.7% |
| Distributable reserves | 133 | €67,808 | €84,527 | +€16,719 | +24.7% |
| Amounts payable | 17/49 | €174,365 | €149,845 | -€24,520 | -14.1% |
| Amounts payable after more than one year | 17 | €148,521 | €125,877 | -€22,644 | -15.2% |
| Financial debts | 170/4 | €148,521 | €125,877 | -€22,644 | -15.2% |
| Amounts payable within one year | 42/48 | €25,802 | €23,926 | -€1,876 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €12,472 | €12,644 | +€172 | +1.4% |
| Trade debts | 44 | €731 | €986 | +€255 | +34.9% |
| Suppliers | 440/4 | €731 | €986 | +€255 | +34.9% |
| Taxes, remuneration and social security | 45 | €12,466 | €10,247 | -€2,220 | -17.8% |
| Taxes | 450/3 | €12,466 | €10,247 | -€2,220 | -17.8% |
| Other amounts payable | 47/48 | €133 | €49 | -€83 | -62.8% |
| Accrued charges and deferred income | 492/3 | €42 | €42 | = | 0.0% |
| Non-recurring operating income | 76A | €3,591 | - | -€3,591 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,212 | €10,409 | +€198 | +1.9% |
| Other operating charges | 640/8 | €3,144 | €2,590 | -€555 | -17.6% |
| Gross operating margin | 9900 | €38,258 | €40,858 | +€2,600 | +6.8% |
| Operating profit (loss) | 9901 | €24,902 | €27,859 | +€2,958 | +11.9% |
| Financial income | 75/76B | €1,940 | €840 | -€1,099 | -56.7% |
| Recurring financial income | 75 | €1,940 | €840 | -€1,099 | -56.7% |
| Financial charges | 65/66B | €3,800 | €4,251 | +€451 | +11.9% |
| Recurring financial charges | 65 | €3,800 | €4,251 | +€451 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €23,041 | €24,449 | +€1,407 | +6.1% |
| Income taxes | 67/77 | €5,912 | €7,729 | +€1,818 | +30.7% |
| Profit (loss) for the period | 9904 | €17,130 | €16,719 | -€410 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,130 | €16,719 | -€410 | -2.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.