MALABAR HILL: what changed
MALABAR HILL
Largest movements
- Cash -€25,262
down €25,262 (-92.9%), from €27,189 to €1,928
mainly Net result for the year (-€17,909) and Receivables within one year (-€13,675)
- Receivables within one year +€13,675
up €13,675 (+70.4%), from €19,432 to €33,107
of which Other amounts receivable: +€22,175
- Reserves -€17,909
down €17,909 (-77.2%), from €23,186 to €5,277
- Trade debts +€7,540
up €7,540 (+343%), from €2,199 to €9,739
- Tax, wage and social debts -€1,217
down €1,217 (-45.3%), from €2,687 to €1,470
- Gross operating margin -€24,313
down €24,313, from €5,819 to -€18,494
- Financial charges -€7,514
down €7,514 (-99.3%), from €7,567 to €53
- Taxes -€1,470
down €1,470 (-100%), from €1,470 to €0
- Financial income +€1,149
up €1,149 (+6,747%), from €17 to €1,166
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,621 | €35,035 | -€11,586 | -24.9% |
| Current assets | 29/58 | €46,621 | €35,035 | -€11,586 | -24.9% |
| Amounts receivable within one year | 40/41 | €19,432 | €33,107 | +€13,675 | +70.4% |
| Trade receivables | 40 | €13,915 | €5,416 | -€8,499 | -61.1% |
| Other amounts receivable | 41 | €5,517 | €27,692 | +€22,175 | +402% |
| Cash at bank and in hand | 54/58 | €27,189 | €1,928 | -€25,262 | -92.9% |
| Total equity and liabilities | 10/49 | €46,621 | €35,035 | -€11,586 | -24.9% |
| Equity | 10/15 | €41,736 | €23,827 | -€17,909 | -42.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €23,186 | €5,277 | -€17,909 | -77.2% |
| Distributable reserves | 133 | €23,186 | €5,277 | -€17,909 | -77.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €4,886 | €11,209 | +€6,323 | +129% |
| Amounts payable within one year | 42/48 | €4,886 | €11,209 | +€6,323 | +129% |
| Trade debts | 44 | €2,199 | €9,739 | +€7,540 | +343% |
| Suppliers | 440/4 | €2,199 | €9,739 | +€7,540 | +343% |
| Taxes, remuneration and social security | 45 | €2,687 | €1,470 | -€1,217 | -45.3% |
| Taxes | 450/3 | €2,687 | €1,470 | -€1,217 | -45.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €5,819 | -€18,494 | -€24,313 | |
| Operating profit (loss) | 9901 | €5,306 | -€19,022 | -€24,328 | |
| Financial income | 75/76B | €17 | €1,166 | +€1,149 | +6,747% |
| Recurring financial income | 75 | €17 | €1,166 | +€1,149 | +6,747% |
| Financial charges | 65/66B | €7,567 | €53 | -€7,514 | -99.3% |
| Recurring financial charges | 65 | €7,567 | €53 | -€7,514 | -99.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,244 | -€17,909 | -€15,665 | -698% |
| Income taxes | 67/77 | €1,470 | €0 | -€1,470 | -100% |
| Profit (loss) for the period | 9904 | -€3,714 | -€17,909 | -€14,195 | -382% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,714 | -€17,909 | -€14,195 | -382% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.