MALEJA: 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.
MALEJA
Largest movements
- Stocks and contracts -€244,387
down €244,387 (-23.3%), from €1.0m to €803,748
- Receivables within one year +€28,750
up €28,750 (+2.8%), from €1.0m to €1.0m
of which Trade receivables: +€25,915
- Other debts -€213,854
down €213,854 (-22.6%), from €948,185 to €734,331
- Tax, wage and social debts -€21,955
down €21,955 (-29.9%), from €73,511 to €51,556
- Trade debts +€21,833
up €21,833 (+45.3%), from €48,193 to €70,026
- Gross operating margin -€540,154
down €540,154 (-99.3%), from €543,754 to €3,600
- Taxes -€51,342
down €51,342 (-99.8%), from €51,449 to €107
- Financial charges -€17,051
down €17,051 (-99.5%), from €17,144 to €93
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.
Derived cash bridge
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 | €2,183,259 | €1,955,087 | -€228,172 | -10.5% |
| Fixed assets | 21/28 | €49,783 | €42,419 | -€7,364 | -14.8% |
| Tangible fixed assets | 22/27 | €49,783 | €42,419 | -€7,364 | -14.8% |
| Plant, machinery and equipment | 23 | - | €7,491 | +€7,491 | |
| Furniture and vehicles | 24 | €49,783 | €34,928 | -€14,855 | -29.8% |
| Current assets | 29/58 | €2,133,476 | €1,912,668 | -€220,808 | -10.3% |
| Stocks and contracts in progress | 3 | €1,048,136 | €803,748 | -€244,387 | -23.3% |
| Contracts in progress | 37 | €1,048,136 | €803,748 | -€244,387 | -23.3% |
| Amounts receivable within one year | 40/41 | €1,010,655 | €1,039,405 | +€28,750 | +2.8% |
| Trade receivables | 40 | €1,010,646 | €1,036,561 | +€25,915 | +2.6% |
| Other amounts receivable | 41 | €9 | €2,844 | +€2,835 | +30,683% |
| Cash at bank and in hand | 54/58 | €74,685 | €69,514 | -€5,171 | -6.9% |
| Total equity and liabilities | 10/49 | €2,183,259 | €1,955,087 | -€228,172 | -10.5% |
| Equity | 10/15 | €141,886 | €127,691 | -€14,195 | -10.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,886 | €117,691 | -€14,195 | -10.8% |
| Amounts payable | 17/49 | €2,041,373 | €1,827,396 | -€213,977 | -10.5% |
| Amounts payable after more than one year | 17 | €971,484 | €971,484 | = | 0.0% |
| Financial debts | 170/4 | €971,484 | €971,484 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,069,889 | €855,912 | -€213,977 | -20.0% |
| Trade debts | 44 | €48,193 | €70,026 | +€21,833 | +45.3% |
| Suppliers | 440/4 | €48,193 | €70,026 | +€21,833 | +45.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €73,511 | €51,556 | -€21,955 | -29.9% |
| Taxes | 450/3 | €73,511 | €51,556 | -€21,955 | -29.9% |
| Other amounts payable | 47/48 | €948,185 | €734,331 | -€213,854 | -22.6% |
| Remuneration, social security and pensions | 62 | €180 | €99 | -€80 | -44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,872 | €16,010 | +€1,138 | +7.7% |
| Other operating charges | 640/8 | €1,188 | €1,486 | +€298 | +25.0% |
| Gross operating margin | 9900 | €543,754 | €3,600 | -€540,154 | -99.3% |
| Operating profit (loss) | 9901 | €527,515 | -€13,995 | -€541,510 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €17,144 | €93 | -€17,051 | -99.5% |
| Recurring financial charges | 65 | €17,144 | €93 | -€17,051 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €510,371 | -€14,088 | -€524,459 | |
| Income taxes | 67/77 | €51,449 | €107 | -€51,342 | -99.8% |
| Profit (loss) for the period | 9904 | €458,922 | -€14,195 | -€473,117 | |
| Profit (loss) for the period to be appropriated | 9905 | €458,922 | -€14,195 | -€473,117 |
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 26 October 2026 via checked.be.