MALAK HOME: 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.
MALAK HOME
Largest movements
- Receivables within one year +€20,522
up €20,522 (+118%), from €17,400 to €37,922
of which Trade receivables: +€29,266
- Deferred charges and accrued income -€16,260
down €16,260 (-95.5%), from €17,021 to €761
- Stocks and contracts -€10,989
down €10,989 (-15.4%), from €71,523 to €60,534
- Cash +€3,788
up €3,788 (+20.4%), from €18,548 to €22,336
mainly Net result for the year (+€25,532) and Deferred charges and accrued income (+€16,260)
- Profit (loss) carried forward +€25,532
up €25,532, from -€7,632 to €17,900
- Accrued charges and deferred income -€24,502
no longer reported in 2025 (was €24,502)
- Trade debts -€3,902
down €3,902 (-7.3%), from €53,275 to €49,373
- Purchases and services -€170,157
down €170,157 (-41.3%), from €411,951 to €241,794
- Turnover -€131,382
down €131,382 (-31.8%), from €413,333 to €281,951
- Gross operating margin +€38,775
up €38,775 (+2,806%), from €1,382 to €40,157
- Taxes +€4,912
new in 2025: €4,912
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 | €134,892 | €131,953 | -€2,939 | -2.2% |
| Fixed assets | 21/28 | €10,400 | €10,400 | = | 0.0% |
| Financial fixed assets | 28 | €10,400 | €10,400 | = | 0.0% |
| Current assets | 29/58 | €124,492 | €121,553 | -€2,939 | -2.4% |
| Stocks and contracts in progress | 3 | €71,523 | €60,534 | -€10,989 | -15.4% |
| Stocks | 30/36 | €71,523 | €60,534 | -€10,989 | -15.4% |
| Amounts receivable within one year | 40/41 | €17,400 | €37,922 | +€20,522 | +118% |
| Trade receivables | 40 | €1,926 | €31,192 | +€29,266 | +1,520% |
| Other amounts receivable | 41 | €15,474 | €6,730 | -€8,744 | -56.5% |
| Cash at bank and in hand | 54/58 | €18,548 | €22,336 | +€3,788 | +20.4% |
| Deferred charges and accrued income | 490/1 | €17,021 | €761 | -€16,260 | -95.5% |
| Total equity and liabilities | 10/49 | €134,892 | €131,953 | -€2,939 | -2.2% |
| Equity | 10/15 | €22,368 | €47,900 | +€25,532 | +114% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,632 | €17,900 | +€25,532 | |
| Amounts payable | 17/49 | €112,524 | €84,053 | -€28,471 | -25.3% |
| Amounts payable within one year | 42/48 | €88,022 | €84,053 | -€3,969 | -4.5% |
| Trade debts | 44 | €53,275 | €49,373 | -€3,902 | -7.3% |
| Suppliers | 440/4 | €53,275 | €49,373 | -€3,902 | -7.3% |
| Taxes, remuneration and social security | 45 | €34,747 | €34,680 | -€67 | -0.2% |
| Taxes | 450/3 | €20,866 | €26,333 | +€5,467 | +26.2% |
| Remuneration and social security | 454/9 | €13,881 | €8,347 | -€5,534 | -39.9% |
| Accrued charges and deferred income | 492/3 | €24,502 | - | -€24,502 | |
| Turnover | 70 | €413,333 | €281,951 | -€131,382 | -31.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €411,951 | €241,794 | -€170,157 | -41.3% |
| Remuneration, social security and pensions | 62 | €6,971 | €6,523 | -€448 | -6.4% |
| Other operating charges | 640/8 | €191 | €1,996 | +€1,805 | +945% |
| Gross operating margin | 9900 | €1,382 | €40,157 | +€38,775 | +2,806% |
| Operating profit (loss) | 9901 | -€5,780 | €31,638 | +€37,418 | |
| Financial income | 75/76B | €66 | - | -€66 | |
| Recurring financial income | 75 | €66 | - | -€66 | |
| Financial charges | 65/66B | €1,918 | €1,194 | -€724 | -37.7% |
| Recurring financial charges | 65 | €1,918 | €1,194 | -€724 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,632 | €30,444 | +€38,076 | |
| Income taxes | 67/77 | - | €4,912 | +€4,912 | |
| Profit (loss) for the period | 9904 | -€7,632 | €25,532 | +€33,164 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,632 | €25,532 | +€33,164 |
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 25 October 2026 via checked.be.