MALAVIOLLE: 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.
MALAVIOLLE
Largest movements
- Cash -€265,676
down €265,676 (-53.8%), from €493,813 to €228,136
mainly Contributions, distributions and other (-€462,410) and Receivables after one year (-€50,000)
- Receivables within one year -€114,594
down €114,594 (-94.1%), from €121,772 to €7,178
- Receivables after one year +€50,000
new in 2026: €50,000
- Tangible fixed assets -€19,267
down €19,267 (-5.8%), from €330,074 to €310,807
of which Land and buildings: -€25,510
- Current investments +€15,929
up €15,929 (+8.8%), from €180,314 to €196,243
- Reserves -€312,060
down €312,060 (-36.8%), from €848,290 to €536,230
- Debts after one year -€26,988
down €26,988 (-10.1%), from €267,215 to €240,228
of which Financial debts: -€26,988
- Gross operating margin -€19,646
down €19,646 (-7.4%), from €265,776 to €246,130
- Taxes -€8,797
down €8,797 (-12.2%), from €71,828 to €63,031
- Financial income -€8,263
down €8,263 (-60.0%), from €13,767 to €5,504
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,158,479 | €817,793 | -€340,686 | -29.4% |
| Fixed assets | 21/28 | €330,074 | €310,807 | -€19,267 | -5.8% |
| Tangible fixed assets | 22/27 | €330,074 | €310,807 | -€19,267 | -5.8% |
| Land and buildings | 22 | €295,427 | €269,917 | -€25,510 | -8.6% |
| Plant, machinery and equipment | 23 | - | €5,149 | +€5,149 | |
| Furniture and vehicles | 24 | €2,949 | €2,591 | -€358 | -12.1% |
| Other tangible fixed assets | 26 | €31,698 | €33,149 | +€1,451 | +4.6% |
| Current assets | 29/58 | €828,405 | €506,987 | -€321,418 | -38.8% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 291 | - | €50,000 | +€50,000 | |
| Amounts receivable within one year | 40/41 | €121,772 | €7,178 | -€114,594 | -94.1% |
| Other amounts receivable | 41 | €121,772 | €7,178 | -€114,594 | -94.1% |
| Current investments | 50/53 | €180,314 | €196,243 | +€15,929 | +8.8% |
| Cash at bank and in hand | 54/58 | €493,813 | €228,136 | -€265,676 | -53.8% |
| Deferred charges and accrued income | 490/1 | €32,506 | €25,429 | -€7,077 | -21.8% |
| Total equity and liabilities | 10/49 | €1,158,479 | €817,793 | -€340,686 | -29.4% |
| Equity | 10/15 | €848,312 | €536,256 | -€312,057 | -36.8% |
| Reserves | 13 | €848,290 | €536,230 | -€312,060 | -36.8% |
| Distributable reserves | 133 | €848,290 | €536,230 | -€312,060 | -36.8% |
| Profit (loss) carried forward | 14 | €22 | €26 | +€3 | +15.4% |
| Amounts payable | 17/49 | €310,166 | €281,538 | -€28,629 | -9.2% |
| Amounts payable after more than one year | 17 | €267,215 | €240,228 | -€26,988 | -10.1% |
| Financial debts | 170/4 | €264,322 | €237,335 | -€26,988 | -10.2% |
| Other amounts payable | 178/9 | €2,893 | €2,893 | = | 0.0% |
| Amounts payable within one year | 42/48 | €42,536 | €41,294 | -€1,242 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €26,852 | €26,988 | +€136 | +0.5% |
| Trade debts | 44 | €5,650 | €3,904 | -€1,746 | -30.9% |
| Suppliers | 440/4 | €5,650 | €3,904 | -€1,746 | -30.9% |
| Other amounts payable | 47/48 | €10,035 | €10,402 | +€368 | +3.7% |
| Accrued charges and deferred income | 492/3 | €415 | €16 | -€399 | -96.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,754 | €32,709 | -€44 | -0.1% |
| Other operating charges | 640/8 | €2,831 | €3,565 | +€734 | +25.9% |
| Gross operating margin | 9900 | €265,776 | €246,130 | -€19,646 | -7.4% |
| Operating profit (loss) | 9901 | €230,191 | €209,856 | -€20,335 | -8.8% |
| Financial income | 75/76B | €13,767 | €5,504 | -€8,263 | -60.0% |
| Recurring financial income | 75 | €13,767 | €5,504 | -€8,263 | -60.0% |
| Financial charges | 65/66B | €2,117 | €1,975 | -€142 | -6.7% |
| Recurring financial charges | 65 | €2,117 | €1,975 | -€142 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €241,841 | €213,384 | -€28,457 | -11.8% |
| Income taxes | 67/77 | €71,828 | €63,031 | -€8,797 | -12.2% |
| Profit (loss) for the period | 9904 | €170,013 | €150,353 | -€19,659 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €170,013 | €150,353 | -€19,659 | -11.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.