MALGRANDA CONSULT: 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.
MALGRANDA CONSULT
Largest movements
- Tangible fixed assets -€7,689
down €7,689 (-31.8%), from €24,161 to €16,472
of which Furniture and vehicles: -€6,851
- Receivables within one year +€6,875
up €6,875 (+60.2%), from €11,425 to €18,300
of which Other amounts receivable: +€9,151
- Cash -€4,859
down €4,859 (-59.0%), from €8,230 to €3,371
mainly Contributions, distributions and other (-€28,623) and Receivables within one year (-€6,875)
- Deferred charges and accrued income +€455
new in 2025: €455
- Reserves -€27,798
down €27,798 (-99.0%), from €28,073 to €275
- Contributions +€18,450
up €18,450 (+18450.0%), from €100 to €18,550
- Tax, wage and social debts +€8,895
up €8,895 (+125.5%), from €7,089 to €15,984
- Other debts -€6,870
down €6,870 (-100.0%), from €6,870 to €0
- Short-term financial debts +€2,489
new in 2025: €2,489
- Gross operating margin -€7,759
down €7,759 (-17.3%), from €44,977 to €37,218
- Taxes +€4,333
up €4,333 (+85.2%), from €5,085 to €9,418
- Depreciation -€1,966
down €1,966 (-21.0%), from €9,358 to €7,391
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 | €43,815 | €38,598 | -€5,217 | -11.9% |
| Fixed assets | 21/28 | €24,161 | €16,472 | -€7,689 | -31.8% |
| Tangible fixed assets | 22/27 | €24,161 | €16,472 | -€7,689 | -31.8% |
| Plant, machinery and equipment | 23 | €1,487 | €649 | -€838 | -56.4% |
| Furniture and vehicles | 24 | €22,674 | €15,823 | -€6,851 | -30.2% |
| Current assets | 29/58 | €19,655 | €22,126 | +€2,472 | +12.6% |
| Amounts receivable within one year | 40/41 | €11,425 | €18,300 | +€6,875 | +60.2% |
| Trade receivables | 40 | €11,416 | €9,141 | -€2,276 | -19.9% |
| Other amounts receivable | 41 | €9 | €9,160 | +€9,151 | +107028.7% |
| Cash at bank and in hand | 54/58 | €8,230 | €3,371 | -€4,859 | -59.0% |
| Deferred charges and accrued income | 490/1 | - | €455 | +€455 | |
| Total equity and liabilities | 10/49 | €43,815 | €38,598 | -€5,217 | -11.9% |
| Equity | 10/15 | €28,173 | €18,825 | -€9,348 | -33.2% |
| Contributions | 10/11 | €100 | €18,550 | +€18,450 | +18450.0% |
| Reserves | 13 | €28,073 | €275 | -€27,798 | -99.0% |
| Distributable reserves | 133 | €28,073 | €275 | -€27,798 | -99.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €15,642 | €19,773 | +€4,131 | +26.4% |
| Amounts payable within one year | 42/48 | €15,642 | €19,773 | +€4,131 | +26.4% |
| Financial debts | 43 | - | €2,489 | +€2,489 | |
| Credit institutions | 430/8 | - | €2,489 | +€2,489 | |
| Trade debts | 44 | €1,683 | €1,301 | -€382 | -22.7% |
| Suppliers | 440/4 | €1,683 | €1,301 | -€382 | -22.7% |
| Taxes, remuneration and social security | 45 | €7,089 | €15,984 | +€8,895 | +125.5% |
| Taxes | 450/3 | €7,089 | €15,984 | +€8,895 | +125.5% |
| Other amounts payable | 47/48 | €6,870 | €0 | -€6,870 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,358 | €7,391 | -€1,966 | -21.0% |
| Other operating charges | 640/8 | €944 | €1,020 | +€76 | +8.1% |
| Gross operating margin | 9900 | €44,977 | €37,218 | -€7,759 | -17.3% |
| Operating profit (loss) | 9901 | €34,675 | €28,807 | -€5,868 | -16.9% |
| Financial income | 75/76B | - | €97 | +€97 | |
| Recurring financial income | 75 | - | €97 | +€97 | |
| Financial charges | 65/66B | €106 | €211 | +€105 | +98.4% |
| Recurring financial charges | 65 | €106 | €211 | +€105 | +98.4% |
| Profit (loss) for the period before taxes | 9903 | €34,568 | €28,693 | -€5,876 | -17.0% |
| Income taxes | 67/77 | €5,085 | €9,418 | +€4,333 | +85.2% |
| Profit (loss) for the period | 9904 | €29,484 | €19,275 | -€10,209 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,484 | €19,275 | -€10,209 | -34.6% |
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.