MALGRAVE PROMOTION: 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.
MALGRAVE PROMOTION
Largest movements
- Stocks and contracts -€169,712
down €169,712 (-81.0%), from €209,534 to €39,822
- Receivables within one year +€50,487
up €50,487 (+3,146%), from €1,605 to €52,092
of which Other amounts receivable: +€49,048
- Cash +€50,050
new in 2025: €50,050
mainly Stocks and contracts (+€169,712) and Net result for the year (+€35,666)
- Other debts -€114,660
down €114,660 (-57.5%), from €199,260 to €84,600
- Profit (loss) carried forward +€35,666
up €35,666 (+969%), from €3,682 to €39,348
- Tax, wage and social debts +€9,682
up €9,682 (+1,052%), from €920 to €10,602
- Gross operating margin +€35,844
up €35,844 (+331%), from €10,817 to €46,661
- Taxes +€8,762
up €8,762 (+952%), from €920 to €9,682
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 | €211,139 | €141,964 | -€69,175 | -32.8% |
| Current assets | 29/58 | €211,139 | €141,964 | -€69,175 | -32.8% |
| Stocks and contracts in progress | 3 | €209,534 | €39,822 | -€169,712 | -81.0% |
| Stocks | 30/36 | €209,534 | €39,822 | -€169,712 | -81.0% |
| Amounts receivable within one year | 40/41 | €1,605 | €52,092 | +€50,487 | +3,146% |
| Trade receivables | 40 | €90 | €1,529 | +€1,439 | +1,595% |
| Other amounts receivable | 41 | €1,515 | €50,562 | +€49,048 | +3,238% |
| Cash at bank and in hand | 54/58 | - | €50,050 | +€50,050 | |
| Total equity and liabilities | 10/49 | €211,139 | €141,964 | -€69,175 | -32.8% |
| Equity | 10/15 | €9,832 | €45,498 | +€35,666 | +363% |
| Contributions | 10/11 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,682 | €39,348 | +€35,666 | +969% |
| Amounts payable | 17/49 | €201,307 | €96,466 | -€104,841 | -52.1% |
| Amounts payable within one year | 42/48 | €201,307 | €96,466 | -€104,841 | -52.1% |
| Financial debts | 43 | €22 | - | -€22 | |
| Credit institutions | 430/8 | €22 | - | -€22 | |
| Trade debts | 44 | €1,105 | €1,264 | +€159 | +14.4% |
| Suppliers | 440/4 | €1,105 | €1,264 | +€159 | +14.4% |
| Taxes, remuneration and social security | 45 | €920 | €10,602 | +€9,682 | +1,052% |
| Taxes | 450/3 | €920 | €10,602 | +€9,682 | +1,052% |
| Other amounts payable | 47/48 | €199,260 | €84,600 | -€114,660 | -57.5% |
| Other operating charges | 640/8 | €161 | - | -€161 | |
| Gross operating margin | 9900 | €10,817 | €46,661 | +€35,844 | +331% |
| Operating profit (loss) | 9901 | €10,656 | €46,661 | +€36,005 | +338% |
| Financial charges | 65/66B | €1,315 | €1,313 | -€2 | -0.1% |
| Recurring financial charges | 65 | €1,315 | €1,313 | -€2 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €9,341 | €45,348 | +€36,007 | +385% |
| Income taxes | 67/77 | €920 | €9,682 | +€8,762 | +952% |
| Profit (loss) for the period | 9904 | €8,421 | €35,666 | +€27,245 | +324% |
| Profit (loss) for the period to be appropriated | 9905 | €8,421 | €35,666 | +€27,245 | +324% |
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 21 October 2026 via checked.be.