Malahima: 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.
Malahima
Largest movements
- Cash -€11,863
down €11,863 (-100%), from €11,863 to €0
mainly Net result for the year (-€23,036) and Other debts (-€486)
- Tangible fixed assets -€1,566
down €1,566 (-33.5%), from €4,676 to €3,110
- Receivables within one year +€271
up €271 (+6.4%), from €4,253 to €4,524
of which Other amounts receivable: +€3,740
- Profit (loss) carried forward -€23,036
down €23,036, from €11,696 to -€11,340
- Short-term financial debts +€4,075
new in 2025: €4,075
- Trade debts +€3,348
new in 2025: €3,348
- Tax, wage and social debts +€2,781
up €2,781 (+71.4%), from €3,894 to €6,675
of which Remuneration and social security: +€3,268
- Other debts -€486
down €486 (-26.1%), from €1,862 to €1,376
- Gross operating margin -€36,071
down €36,071, from €15,092 to -€20,979
- Taxes -€3,098
down €3,098 (-100%), from €3,098 to €0
- Depreciation +€1,304
up €1,304 (+496%), from €263 to €1,566
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 | €20,952 | €7,634 | -€13,318 | -63.6% |
| Fixed assets | 21/28 | €4,676 | €3,110 | -€1,566 | -33.5% |
| Tangible fixed assets | 22/27 | €4,676 | €3,110 | -€1,566 | -33.5% |
| Plant, machinery and equipment | 23 | €4,676 | €3,110 | -€1,566 | -33.5% |
| Current assets | 29/58 | €16,276 | €4,524 | -€11,752 | -72.2% |
| Amounts receivable within one year | 40/41 | €4,253 | €4,524 | +€271 | +6.4% |
| Trade receivables | 40 | €4,253 | €784 | -€3,469 | -81.6% |
| Other amounts receivable | 41 | - | €3,740 | +€3,740 | |
| Cash at bank and in hand | 54/58 | €11,863 | €0 | -€11,863 | -100% |
| Deferred charges and accrued income | 490/1 | €160 | €0 | -€160 | -100% |
| Total equity and liabilities | 10/49 | €20,952 | €7,634 | -€13,318 | -63.6% |
| Equity | 10/15 | €15,196 | -€7,840 | -€23,036 | |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,696 | -€11,340 | -€23,036 | |
| Amounts payable | 17/49 | €5,756 | €15,474 | +€9,718 | +169% |
| Amounts payable within one year | 42/48 | €5,756 | €15,474 | +€9,718 | +169% |
| Financial debts | 43 | - | €4,075 | +€4,075 | |
| Credit institutions | 430/8 | - | €4,075 | +€4,075 | |
| Trade debts | 44 | - | €3,348 | +€3,348 | |
| Suppliers | 440/4 | - | €3,348 | +€3,348 | |
| Taxes, remuneration and social security | 45 | €3,894 | €6,675 | +€2,781 | +71.4% |
| Taxes | 450/3 | €3,894 | €3,407 | -€487 | -12.5% |
| Remuneration and social security | 454/9 | - | €3,268 | +€3,268 | |
| Other amounts payable | 47/48 | €1,862 | €1,376 | -€486 | -26.1% |
| Remuneration, social security and pensions | 62 | - | €138 | +€138 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €263 | €1,566 | +€1,304 | +496% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €15,092 | -€20,979 | -€36,071 | |
| Operating profit (loss) | 9901 | €14,829 | -€22,803 | -€37,633 | |
| Financial income | 75/76B | €1 | €4 | +€3 | +239% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +239% |
| Financial charges | 65/66B | €37 | €236 | +€199 | +536% |
| Recurring financial charges | 65 | €37 | €236 | +€199 | +536% |
| Profit (loss) for the period before taxes | 9903 | €14,793 | -€23,036 | -€37,829 | |
| Income taxes | 67/77 | €3,098 | €0 | -€3,098 | -100% |
| Profit (loss) for the period | 9904 | €11,696 | -€23,036 | -€34,732 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,696 | -€23,036 | -€34,732 |
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 29 October 2026 via checked.be.