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MALBAN: 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.

What changed

MALBAN

BE 0597.791.994
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€846
2024 · -€3,166+€2,320
Equity
€4,379
2024 · €5,225-€846
Cash
€5,061
2024 · €5,930-€869
Balance sheet total
€5,125
2024 · €5,971-€846

Largest movements

2024 to 2025
Assets
  • Cash -€869

    down €869 (-14.7%), from €5,930 to €5,061

    mainly Net result for the year (-€846) and Receivables within one year (-€23)

Equity and liabilities
  • Profit (loss) carried forward -€846

    down €846 (-6.3%), from -€13,375 to -€14,221

Income statement
  • Gross operating margin +€2,320

    up €2,320 (+74.3%), from -€3,121 to -€801

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€3,166
Gross operating margin +€2,320
Financial charges +€0
Result 2025 -€846

Cash bridge derived

cash 2024 to 2025

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.

From operations -€869
Investment €0
Financing €0
Cash 2024 €5,930
Net result for the year -€846
Receivables within one year -€23
Cash 2025 €5,061
Every line side by side 21 lines
Line Code 2024 2025 Change %
Total assets 20/58 €5,971 €5,125 -€846 -14.2%
Current assets 29/58 €5,971 €5,125 -€846 -14.2%
Amounts receivable within one year 40/41 €41 €64 +€23 +57.6%
Other amounts receivable 41 €41 €64 +€23 +57.6%
Cash at bank and in hand 54/58 €5,930 €5,061 -€869 -14.7%
Total equity and liabilities 10/49 €5,971 €5,125 -€846 -14.2%
Equity 10/15 €5,225 €4,379 -€846 -16.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€13,375 -€14,221 -€846 -6.3%
Amounts payable 17/49 €746 €746 = 0.0%
Amounts payable within one year 42/48 €266 €266 = 0.0%
Trade debts 44 €266 €266 = 0.0%
Suppliers 440/4 €266 €266 = 0.0%
Accrued charges and deferred income 492/3 €480 €480 = 0.0%
Gross operating margin 9900 -€3,121 -€801 +€2,320 +74.3%
Operating profit (loss) 9901 -€3,121 -€801 +€2,320 +74.3%
Financial charges 65/66B €45 €45 -€0 0.0%
Recurring financial charges 65 €45 €45 -€0 0.0%
Profit (loss) for the period before taxes 9903 -€3,166 -€846 +€2,320 +73.3%
Profit (loss) for the period 9904 -€3,166 -€846 +€2,320 +73.3%
Profit (loss) for the period to be appropriated 9905 -€3,166 -€846 +€2,320 +73.3%

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 28 September 2026 via checked.be.