MALAGILULE: 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.
MALAGILULE
Largest movements
- Tangible fixed assets +€13,743
up €13,743 (+105.1%), from €13,078 to €26,821
of which Furniture and vehicles: +€18,564
- Cash +€13,726
up €13,726 (+66.7%), from €20,581 to €34,307
mainly Net result for the year (+€23,996) and Other debts (+€14,167)
- Stocks and contracts +€865
up €865 (+20.7%), from €4,187 to €5,052
- Other debts +€14,167
up €14,167 (+1700.7%), from €833 to €15,000
- Profit (loss) carried forward +€9,497
up €9,497 (+47.0%), from €20,215 to €29,712
- Debts after one year +€5,809
up €5,809, from €0 to €5,809
- Current portion of long-term debt -€3,940
down €3,940 (-49.9%), from €7,888 to €3,948
- Trade debts +€3,651
up €3,651 (+175.9%), from €2,075 to €5,725
- Depreciation -€5,694
down €5,694 (-42.3%), from €13,471 to €7,777
- Gross operating margin -€5,488
down €5,488 (-4.0%), from €138,437 to €132,949
- Staff costs +€4,243
up €4,243 (+4.9%), from €86,978 to €91,221
- Taxes -€2,379
down €2,379 (-25.7%), from €9,244 to €6,865
- Other operating charges -€2,368
down €2,368 (-62.7%), from €3,775 to €1,407
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 | €47,869 | €76,665 | +€28,796 | +60.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €13,078 | €26,821 | +€13,743 | +105.1% |
| Tangible fixed assets | 22/27 | €13,078 | €26,821 | +€13,743 | +105.1% |
| Land and buildings | 22 | €3,141 | €2,417 | -€724 | -23.1% |
| Plant, machinery and equipment | 23 | €6,077 | €3,998 | -€2,079 | -34.2% |
| Furniture and vehicles | 24 | €1,842 | €20,406 | +€18,564 | +1007.7% |
| Leasing and similar rights | 25 | €2,017 | €0 | -€2,017 | -100.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €34,791 | €49,844 | +€15,052 | +43.3% |
| Stocks and contracts in progress | 3 | €4,187 | €5,052 | +€865 | +20.7% |
| Stocks | 30/36 | €4,187 | €5,052 | +€865 | +20.7% |
| Amounts receivable within one year | 40/41 | €9,905 | €10,467 | +€562 | +5.7% |
| Trade receivables | 40 | €8,077 | €2,375 | -€5,702 | -70.6% |
| Other amounts receivable | 41 | €1,828 | €8,092 | +€6,264 | +342.7% |
| Cash at bank and in hand | 54/58 | €20,581 | €34,307 | +€13,726 | +66.7% |
| Deferred charges and accrued income | 490/1 | €119 | €18 | -€101 | -85.1% |
| Total equity and liabilities | 10/49 | €47,869 | €76,665 | +€28,796 | +60.2% |
| Equity | 10/15 | €23,522 | €32,518 | +€8,996 | +38.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €3,306 | €2,805 | -€501 | -15.2% |
| Tax-exempt reserves | 132 | €3,306 | €2,805 | -€501 | -15.2% |
| Profit (loss) carried forward | 14 | €20,215 | €29,712 | +€9,497 | +47.0% |
| Provisions and deferred taxes | 16 | €826 | €659 | -€167 | -20.2% |
| Deferred taxes | 168 | €826 | €659 | -€167 | -20.2% |
| Amounts payable | 17/49 | €23,521 | €43,488 | +€19,967 | +84.9% |
| Amounts payable after more than one year | 17 | €0 | €5,809 | +€5,809 | |
| Financial debts | 170/4 | €0 | €5,809 | +€5,809 | |
| Amounts payable within one year | 42/48 | €23,521 | €37,679 | +€14,158 | +60.2% |
| Current portion of amounts payable after more than one year | 42 | €7,888 | €3,948 | -€3,940 | -49.9% |
| Trade debts | 44 | €2,075 | €5,725 | +€3,651 | +175.9% |
| Suppliers | 440/4 | €2,075 | €5,725 | +€3,651 | +175.9% |
| Taxes, remuneration and social security | 45 | €12,725 | €13,005 | +€280 | +2.2% |
| Taxes | 450/3 | €3,572 | €3,133 | -€439 | -12.3% |
| Remuneration and social security | 454/9 | €9,153 | €9,873 | +€720 | +7.9% |
| Other amounts payable | 47/48 | €833 | €15,000 | +€14,167 | +1700.7% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Turnover | 70 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €13,396 | +€13,396 | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €86,978 | €91,221 | +€4,243 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,471 | €7,777 | -€5,694 | -42.3% |
| Other operating charges | 640/8 | €3,775 | €1,407 | -€2,368 | -62.7% |
| Gross operating margin | 9900 | €138,437 | €132,949 | -€5,488 | -4.0% |
| Operating profit (loss) | 9901 | €34,212 | €32,544 | -€1,668 | -4.9% |
| Financial income | 75/76B | €307 | €311 | +€3 | +1.1% |
| Recurring financial income | 75 | €307 | €311 | +€3 | +1.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,918 | €2,161 | +€243 | +12.7% |
| Recurring financial charges | 65 | €1,918 | €2,161 | +€243 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €32,602 | €30,694 | -€1,908 | -5.9% |
| Transfer from deferred taxes | 780 | - | €167 | +€167 | |
| Transfer to deferred taxes | 680 | €826 | €0 | -€826 | -100.0% |
| Income taxes | 67/77 | €9,244 | €6,865 | -€2,379 | -25.7% |
| Profit (loss) for the period | 9904 | €22,531 | €23,996 | +€1,465 | +6.5% |
| Transfer from tax-exempt reserves | 789 | - | €501 | +€501 | |
| Transfer to tax-exempt reserves | 689 | €3,306 | €0 | -€3,306 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,225 | €24,497 | +€5,271 | +27.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.