MALCOLM OSCAR: 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.
MALCOLM OSCAR
Largest movements
- Cash +€19,642
up €19,642 (+215.8%), from €9,100 to €28,742
mainly Net result for the year (+€19,847) and Tax, wage and social debts (+€6,963)
- Receivables within one year +€8,043
up €8,043 (+1657.8%), from €485 to €8,528
of which Trade receivables: +€8,043
- Profit (loss) carried forward +€19,847
up €19,847 (+9.6%), from -€206,252 to -€186,405
- Tax, wage and social debts +€6,963
up €6,963 (+192.0%), from €3,627 to €10,590
of which Taxes: +€6,860
- Other debts +€2,132
up €2,132 (+1.1%), from €193,134 to €195,266
- Trade debts -€1,257
down €1,257 (-67.0%), from €1,877 to €620
- Gross operating margin +€18,544
up €18,544 (+1300.3%), from €1,426 to €19,971
- Other operating charges -€980
no longer reported in 2025 (was €980)
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 | €9,586 | €37,271 | +€27,685 | +288.8% |
| Current assets | 29/58 | €9,586 | €37,271 | +€27,685 | +288.8% |
| Amounts receivable within one year | 40/41 | €485 | €8,528 | +€8,043 | +1657.8% |
| Trade receivables | 40 | - | €8,043 | +€8,043 | |
| Other amounts receivable | 41 | €485 | €485 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,100 | €28,742 | +€19,642 | +215.8% |
| Total equity and liabilities | 10/49 | €9,586 | €37,271 | +€27,685 | +288.8% |
| Equity | 10/15 | -€189,052 | -€169,205 | +€19,847 | +10.5% |
| Contributions | 10/11 | €17,200 | €17,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€206,252 | -€186,405 | +€19,847 | +9.6% |
| Amounts payable | 17/49 | €198,638 | €206,476 | +€7,838 | +3.9% |
| Amounts payable within one year | 42/48 | €198,638 | €206,476 | +€7,838 | +3.9% |
| Trade debts | 44 | €1,877 | €620 | -€1,257 | -67.0% |
| Suppliers | 440/4 | €1,877 | €620 | -€1,257 | -67.0% |
| Taxes, remuneration and social security | 45 | €3,627 | €10,590 | +€6,963 | +192.0% |
| Taxes | 450/3 | €1,919 | €8,779 | +€6,860 | +357.4% |
| Remuneration and social security | 454/9 | €1,708 | €1,811 | +€104 | +6.1% |
| Other amounts payable | 47/48 | €193,134 | €195,266 | +€2,132 | +1.1% |
| Non-recurring operating income | 76A | €11 | €2 | -€9 | -85.3% |
| Other operating charges | 640/8 | €980 | - | -€980 | |
| Non-recurring operating charges | 66A | €2 | - | -€2 | |
| Gross operating margin | 9900 | €1,426 | €19,971 | +€18,544 | +1300.3% |
| Operating profit (loss) | 9901 | €444 | €19,971 | +€19,527 | +4397.4% |
| Financial income | 75/76B | €2 | €26 | +€24 | +1211.4% |
| Recurring financial income | 75 | €2 | €26 | +€24 | +1211.4% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €311 | €19,847 | +€19,536 | +6280.4% |
| Profit (loss) for the period | 9904 | €311 | €19,847 | +€19,536 | +6280.4% |
| Profit (loss) for the period to be appropriated | 9905 | €311 | €19,847 | +€19,536 | +6280.4% |
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 10 October 2026 via checked.be.