M.A.L.T. SERVICES: 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.T. SERVICES
Largest movements
- Receivables within one year +€60,025
up €60,025 (+51.0%), from €117,637 to €177,662
of which Trade receivables: +€61,525
- Current investments -€12,640
down €12,640 (-4.2%), from €302,458 to €289,818
- Profit (loss) carried forward +€17,695
up €17,695 (+14.3%), from €124,151 to €141,846
- Other debts +€16,050
up €16,050 (+6.5%), from €248,071 to €264,121
- Turnover -€65,000
no longer reported in 2025 (was €65,000)
- Purchases and services -€51,990
no longer reported in 2025 (was €51,990)
- Financial income +€9,410
up €9,410 (+37.2%), from €25,318 to €34,727
- Gross operating margin +€5,062
up €5,062 (+23.9%), from €21,181 to €26,243
- Taxes +€2,849
up €2,849 (+71.7%), from €3,972 to €6,821
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 | €684,882 | €726,652 | +€41,770 | +6.1% |
| Fixed assets | 21/28 | €144,897 | €143,075 | -€1,821 | -1.3% |
| Tangible fixed assets | 22/27 | €144,897 | €143,075 | -€1,821 | -1.3% |
| Land and buildings | 22 | €86,143 | €86,143 | = | 0.0% |
| Plant, machinery and equipment | 23 | €44,544 | €40,246 | -€4,298 | -9.6% |
| Furniture and vehicles | 24 | €14,210 | €16,686 | +€2,476 | +17.4% |
| Current assets | 29/58 | €539,985 | €583,577 | +€43,591 | +8.1% |
| Amounts receivable within one year | 40/41 | €117,637 | €177,662 | +€60,025 | +51.0% |
| Trade receivables | 40 | €116,137 | €177,662 | +€61,525 | +53.0% |
| Other amounts receivable | 41 | €1,500 | - | -€1,500 | |
| Current investments | 50/53 | €302,458 | €289,818 | -€12,640 | -4.2% |
| Cash at bank and in hand | 54/58 | €119,891 | €116,097 | -€3,794 | -3.2% |
| Total equity and liabilities | 10/49 | €684,882 | €726,652 | +€41,770 | +6.1% |
| Equity | 10/15 | €432,478 | €451,105 | +€18,627 | +4.3% |
| Contributions | 10/11 | €292,000 | €292,000 | = | 0.0% |
| Capital | 10 | €292,000 | €292,000 | = | 0.0% |
| Issued capital | 100 | €292,000 | €292,000 | = | 0.0% |
| Reserves | 13 | €16,328 | €17,259 | +€931 | +5.7% |
| Non-distributable reserves | 130/1 | €16,328 | €17,259 | +€931 | +5.7% |
| Legal reserve | 130 | €16,328 | €17,259 | +€931 | +5.7% |
| Profit (loss) carried forward | 14 | €124,151 | €141,846 | +€17,695 | +14.3% |
| Amounts payable | 17/49 | €252,404 | €275,547 | +€23,143 | +9.2% |
| Amounts payable within one year | 42/48 | €252,404 | €275,547 | +€23,143 | +9.2% |
| Trade debts | 44 | €771 | €1,404 | +€633 | +82.1% |
| Suppliers | 440/4 | €771 | €1,404 | +€633 | +82.1% |
| Taxes, remuneration and social security | 45 | €3,561 | €10,021 | +€6,460 | +181% |
| Taxes | 450/3 | €3,561 | €10,021 | +€6,460 | +181% |
| Other amounts payable | 47/48 | €248,071 | €264,121 | +€16,050 | +6.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €65,000 | - | -€65,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €51,990 | - | -€51,990 | |
| Remuneration, social security and pensions | 62 | €4,101 | €2,100 | -€2,001 | -48.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,715 | €26,147 | +€2,433 | +10.3% |
| Other operating charges | 640/8 | €5,704 | €6,821 | +€1,117 | +19.6% |
| Gross operating margin | 9900 | €21,181 | €26,243 | +€5,062 | +23.9% |
| Operating profit (loss) | 9901 | -€12,338 | -€8,825 | +€3,513 | +28.5% |
| Financial income | 75/76B | €25,318 | €34,727 | +€9,410 | +37.2% |
| Recurring financial income | 75 | €25,318 | €34,727 | +€9,410 | +37.2% |
| Financial charges | 65/66B | €610 | €454 | -€155 | -25.5% |
| Recurring financial charges | 65 | €610 | €454 | -€155 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €12,370 | €25,448 | +€13,078 | +106% |
| Income taxes | 67/77 | €3,972 | €6,821 | +€2,849 | +71.7% |
| Profit (loss) for the period | 9904 | €8,397 | €18,627 | +€10,230 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €8,397 | €18,627 | +€10,230 | +122% |
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 22 October 2026 via checked.be.