E-MALT: 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.
E-MALT
Largest movements
- Cash +€29,085
up €29,085 (+54.3%), from €53,558 to €82,643
mainly Accrued charges and deferred income (+€21,356) and Receivables within one year (+€9,153)
- Receivables within one year -€9,153
down €9,153 (-43.3%), from €21,132 to €11,979
of which Trade receivables: -€9,153
- Accrued charges and deferred income +€21,356
up €21,356 (+8332.1%), from €256 to €21,612
- Trade debts -€7,312
down €7,312 (-58.2%), from €12,556 to €5,245
- Profit (loss) carried forward +€3,092
up €3,092, from -€681 to €2,410
- Tax, wage and social debts +€2,633
up €2,633 (+442.6%), from €595 to €3,227
- Turnover -€56,648
no longer reported in 2025 (was €56,648)
- Purchases and services -€33,975
no longer reported in 2025 (was €33,975)
- Gross operating margin -€15,934
down €15,934 (-70.3%), from €22,673 to €6,739
- Taxes +€1,788
up €1,788, from -€582 to €1,206
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 | €74,726 | €94,622 | +€19,896 | +26.6% |
| Current assets | 29/58 | €74,726 | €94,622 | +€19,896 | +26.6% |
| Amounts receivable within one year | 40/41 | €21,132 | €11,979 | -€9,153 | -43.3% |
| Trade receivables | 40 | €21,132 | €11,979 | -€9,153 | -43.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €53,558 | €82,643 | +€29,085 | +54.3% |
| Deferred charges and accrued income | 490/1 | €37 | €0 | -€37 | -100.0% |
| Total equity and liabilities | 10/49 | €74,726 | €94,622 | +€19,896 | +26.6% |
| Equity | 10/15 | €61,319 | €64,537 | +€3,219 | +5.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | - | €127 | +€127 | |
| Non-distributable reserves | 130/1 | - | €127 | +€127 | |
| Legal reserve | 130 | - | €127 | +€127 | |
| Profit (loss) carried forward | 14 | -€681 | €2,410 | +€3,092 | |
| Amounts payable | 17/49 | €13,407 | €30,085 | +€16,677 | +124.4% |
| Amounts payable within one year | 42/48 | €13,151 | €8,472 | -€4,679 | -35.6% |
| Trade debts | 44 | €12,556 | €5,245 | -€7,312 | -58.2% |
| Suppliers | 440/4 | €12,556 | €5,245 | -€7,312 | -58.2% |
| Taxes, remuneration and social security | 45 | €595 | €3,227 | +€2,633 | +442.6% |
| Taxes | 450/3 | €595 | €3,227 | +€2,633 | +442.6% |
| Accrued charges and deferred income | 492/3 | €256 | €21,612 | +€21,356 | +8332.1% |
| Turnover | 70 | €56,648 | - | -€56,648 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €33,975 | - | -€33,975 | |
| Other operating charges | 640/8 | €614 | €518 | -€96 | -15.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €22,673 | €6,739 | -€15,934 | -70.3% |
| Operating profit (loss) | 9901 | €22,059 | €6,221 | -€15,838 | -71.8% |
| Financial income | 75/76B | €85 | €0 | -€85 | -100.0% |
| Recurring financial income | 75 | €85 | €0 | -€85 | -100.0% |
| Financial charges | 65/66B | €1,815 | €1,797 | -€19 | -1.0% |
| Recurring financial charges | 65 | €1,815 | €1,797 | -€19 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €20,328 | €4,424 | -€15,904 | -78.2% |
| Income taxes | 67/77 | -€582 | €1,206 | +€1,788 | |
| Profit (loss) for the period | 9904 | €20,911 | €3,219 | -€17,692 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,911 | €3,219 | -€17,692 | -84.6% |
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 30 September 2026 via checked.be.