M.A.L. ELECTRONICS: 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.
M.A.L. ELECTRONICS
Largest movements
- Receivables within one year -€6,827
down €6,827 (-7.3%), from €93,600 to €86,773
of which Trade receivables: -€4,564
- Other debts -€6,008
down €6,008 (-19.1%), from €31,484 to €25,476
- Profit (loss) carried forward -€1,787
down €1,787 (-12.5%), from €14,296 to €12,509
- Trade debts +€1,195
up €1,195 (+2.9%), from €40,704 to €41,899
- Purchases and services -€7,755
down €7,755 (-58.3%), from €13,306 to €5,551
- Turnover -€6,397
down €6,397 (-58.8%), from €10,874 to €4,477
- Gross operating margin +€1,358
up €1,358 (+55.8%), from -€2,432 to -€1,074
- Depreciation -€659
no longer reported in 2025 (was €659)
- Taxes -€282
no longer reported in 2025 (was €282)
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 | €105,074 | €98,474 | -€6,600 | -6.3% |
| Current assets | 29/58 | €105,074 | €98,474 | -€6,600 | -6.3% |
| Amounts receivable within one year | 40/41 | €93,600 | €86,773 | -€6,827 | -7.3% |
| Trade receivables | 40 | €91,196 | €86,632 | -€4,564 | -5.0% |
| Other amounts receivable | 41 | €2,404 | €141 | -€2,263 | -94.1% |
| Cash at bank and in hand | 54/58 | €11,474 | €11,701 | +€226 | +2.0% |
| Total equity and liabilities | 10/49 | €105,074 | €98,474 | -€6,600 | -6.3% |
| Equity | 10/15 | €32,886 | €31,099 | -€1,787 | -5.4% |
| Contributions | 10/11 | €16,730 | €16,730 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,296 | €12,509 | -€1,787 | -12.5% |
| Amounts payable | 17/49 | €72,188 | €67,375 | -€4,814 | -6.7% |
| Amounts payable within one year | 42/48 | €72,188 | €67,375 | -€4,814 | -6.7% |
| Trade debts | 44 | €40,704 | €41,899 | +€1,195 | +2.9% |
| Suppliers | 440/4 | €40,704 | €41,899 | +€1,195 | +2.9% |
| Other amounts payable | 47/48 | €31,484 | €25,476 | -€6,008 | -19.1% |
| Turnover | 70 | €10,874 | €4,477 | -€6,397 | -58.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,306 | €5,551 | -€7,755 | -58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €659 | - | -€659 | |
| Other operating charges | 640/8 | €270 | €459 | +€189 | +70.1% |
| Gross operating margin | 9900 | -€2,432 | -€1,074 | +€1,358 | +55.8% |
| Operating profit (loss) | 9901 | -€3,360 | -€1,534 | +€1,827 | +54.4% |
| Financial charges | 65/66B | €292 | €253 | -€39 | -13.3% |
| Recurring financial charges | 65 | €292 | €253 | -€39 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,652 | -€1,787 | +€1,865 | +51.1% |
| Income taxes | 67/77 | €282 | - | -€282 | |
| Profit (loss) for the period | 9904 | -€3,934 | -€1,787 | +€2,148 | +54.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,934 | -€1,787 | +€2,148 | +54.6% |
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 9 October 2026 via checked.be.