MALBRANCKE: 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.
MALBRANCKE
Largest movements
- Receivables within one year +€55,461
up €55,461 (+580131.6%), from €10 to €55,470
- Cash +€36,118
up €36,118 (+62.7%), from €57,616 to €93,734
mainly Net result for the year (+€80,583) and Tax, wage and social debts (+€12,796)
- Reserves +€79,724
up €79,724 (+215.6%), from €36,978 to €116,702
- Tax, wage and social debts +€12,796
up €12,796 (+83.2%), from €15,375 to €28,171
- Gross operating margin +€54,419
up €54,419 (+106.4%), from €51,133 to €105,552
- Taxes +€12,081
up €12,081 (+115.6%), from €10,453 to €22,534
- Depreciation -€2,055
no longer reported in 2024 (was €2,055)
- Financial charges +€1,685
up €1,685 (+67382.8%), from €3 to €1,687
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,625 | €149,204 | +€91,579 | +158.9% |
| Current assets | 29/58 | €57,625 | €149,204 | +€91,579 | +158.9% |
| Amounts receivable within one year | 40/41 | €10 | €55,470 | +€55,461 | +580131.6% |
| Trade receivables | 40 | €10 | €55,470 | +€55,461 | +580131.6% |
| Cash at bank and in hand | 54/58 | €57,616 | €93,734 | +€36,118 | +62.7% |
| Total equity and liabilities | 10/49 | €57,625 | €149,204 | +€91,579 | +158.9% |
| Equity | 10/15 | €39,978 | €119,702 | +€79,724 | +199.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €36,978 | €116,702 | +€79,724 | +215.6% |
| Distributable reserves | 133 | €36,978 | €116,702 | +€79,724 | +215.6% |
| Amounts payable | 17/49 | €17,647 | €29,502 | +€11,855 | +67.2% |
| Amounts payable within one year | 42/48 | €17,647 | €29,502 | +€11,855 | +67.2% |
| Trade debts | 44 | €1,682 | €730 | -€951 | -56.6% |
| Suppliers | 440/4 | €1,682 | €730 | -€951 | -56.6% |
| Taxes, remuneration and social security | 45 | €15,375 | €28,171 | +€12,796 | +83.2% |
| Taxes | 450/3 | €15,375 | €28,171 | +€12,796 | +83.2% |
| Other amounts payable | 47/48 | €591 | €601 | +€11 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,055 | - | -€2,055 | |
| Other operating charges | 640/8 | €801 | €748 | -€53 | -6.6% |
| Gross operating margin | 9900 | €51,133 | €105,552 | +€54,419 | +106.4% |
| Operating profit (loss) | 9901 | €48,277 | €104,804 | +€56,527 | +117.1% |
| Financial charges | 65/66B | €3 | €1,687 | +€1,685 | +67382.8% |
| Recurring financial charges | 65 | €3 | €1,687 | +€1,685 | +67382.8% |
| Profit (loss) for the period before taxes | 9903 | €48,275 | €103,117 | +€54,842 | +113.6% |
| Income taxes | 67/77 | €10,453 | €22,534 | +€12,081 | +115.6% |
| Profit (loss) for the period | 9904 | €37,822 | €80,583 | +€42,761 | +113.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,822 | €80,583 | +€42,761 | +113.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.