Malawi: 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.
Malawi
Largest movements
- Receivables within one year -€59,531
down €59,531 (-70.3%), from €84,670 to €25,140
of which Other amounts receivable: -€35,092
- Cash +€8,311
up €8,311 (+20.7%), from €40,191 to €48,502
mainly Receivables within one year (+€59,531) and Net result for the year (+€52,708)
- Tangible fixed assets -€1,698
down €1,698 (-32.2%), from €5,265 to €3,568
- Trade debts -€53,404
down €53,404 (-93.7%), from €57,024 to €3,620
- Other debts +€6,945
up €6,945 (+11.8%), from €58,811 to €65,756
- Tax, wage and social debts -€6,383
down €6,383 (-49.1%), from €12,998 to €6,615
- Gross operating margin +€27,062
up €27,062 (+60.7%), from €44,580 to €71,642
- Taxes +€5,564
up €5,564 (+57.1%), from €9,749 to €15,313
- Financial income -€1,490
down €1,490 (-94.3%), from €1,579 to €90
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 | €131,333 | €78,491 | -€52,843 | -40.2% |
| Fixed assets | 21/28 | €5,265 | €3,568 | -€1,698 | -32.2% |
| Tangible fixed assets | 22/27 | €5,265 | €3,568 | -€1,698 | -32.2% |
| Furniture and vehicles | 24 | €5,265 | €3,568 | -€1,698 | -32.2% |
| Current assets | 29/58 | €126,068 | €74,923 | -€51,145 | -40.6% |
| Amounts receivable within one year | 40/41 | €84,670 | €25,140 | -€59,531 | -70.3% |
| Trade receivables | 40 | €42,588 | €18,150 | -€24,438 | -57.4% |
| Other amounts receivable | 41 | €42,082 | €6,990 | -€35,092 | -83.4% |
| Cash at bank and in hand | 54/58 | €40,191 | €48,502 | +€8,311 | +20.7% |
| Deferred charges and accrued income | 490/1 | €1,207 | €1,281 | +€74 | +6.2% |
| Total equity and liabilities | 10/49 | €131,333 | €78,491 | -€52,843 | -40.2% |
| Equity | 10/15 | €2,500 | €2,500 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €128,833 | €75,991 | -€52,843 | -41.0% |
| Amounts payable within one year | 42/48 | €128,833 | €75,991 | -€52,843 | -41.0% |
| Trade debts | 44 | €57,024 | €3,620 | -€53,404 | -93.7% |
| Suppliers | 440/4 | €57,024 | €3,620 | -€53,404 | -93.7% |
| Taxes, remuneration and social security | 45 | €12,998 | €6,615 | -€6,383 | -49.1% |
| Taxes | 450/3 | €12,998 | €6,615 | -€6,383 | -49.1% |
| Other amounts payable | 47/48 | €58,811 | €65,756 | +€6,945 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,026 | €1,698 | +€671 | +65.4% |
| Other operating charges | 640/8 | €1,034 | €985 | -€49 | -4.8% |
| Gross operating margin | 9900 | €44,580 | €71,642 | +€27,062 | +60.7% |
| Operating profit (loss) | 9901 | €42,520 | €68,960 | +€26,440 | +62.2% |
| Financial income | 75/76B | €1,579 | €90 | -€1,490 | -94.3% |
| Recurring financial income | 75 | €1,579 | €90 | -€1,490 | -94.3% |
| Financial charges | 65/66B | €1,501 | €1,028 | -€473 | -31.5% |
| Recurring financial charges | 65 | €1,501 | €1,028 | -€473 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €42,598 | €68,021 | +€25,423 | +59.7% |
| Income taxes | 67/77 | €9,749 | €15,313 | +€5,564 | +57.1% |
| Profit (loss) for the period | 9904 | €32,849 | €52,708 | +€19,860 | +60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,849 | €52,708 | +€19,860 | +60.5% |
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 12 October 2026 via checked.be.