Malias: 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.
Malias
Largest movements
- Cash +€26,097
up €26,097 (+91.4%), from €28,546 to €54,643
mainly Net result for the year (+€24,320) and Depreciation (+€10,767)
- Tangible fixed assets -€10,767
down €10,767 (-23.7%), from €45,519 to €34,752
- Receivables within one year +€1,817
up €1,817 (+20.3%), from €8,963 to €10,780
- Reserves +€24,320
up €24,320 (+98.8%), from €24,627 to €48,947
- Debts after one year -€9,489
down €9,489 (-29.4%), from €32,301 to €22,812
- Other debts +€1,529
up €1,529 (+118.8%), from €1,287 to €2,816
- Tax, wage and social debts +€1,037
up €1,037 (+9.1%), from €11,366 to €12,403
- Depreciation +€2,452
up €2,452 (+29.5%), from €8,315 to €10,767
- Gross operating margin +€2,032
up €2,032 (+4.9%), from €41,780 to €43,812
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 | €83,327 | €100,487 | +€17,160 | +20.6% |
| Fixed assets | 21/28 | €45,519 | €34,752 | -€10,767 | -23.7% |
| Tangible fixed assets | 22/27 | €45,519 | €34,752 | -€10,767 | -23.7% |
| Furniture and vehicles | 24 | €45,519 | €34,752 | -€10,767 | -23.7% |
| Current assets | 29/58 | €37,808 | €65,734 | +€27,927 | +73.9% |
| Amounts receivable within one year | 40/41 | €8,963 | €10,780 | +€1,817 | +20.3% |
| Trade receivables | 40 | €8,963 | €10,780 | +€1,817 | +20.3% |
| Cash at bank and in hand | 54/58 | €28,546 | €54,643 | +€26,097 | +91.4% |
| Deferred charges and accrued income | 490/1 | €299 | €312 | +€13 | +4.3% |
| Total equity and liabilities | 10/49 | €83,327 | €100,487 | +€17,160 | +20.6% |
| Equity | 10/15 | €26,627 | €50,947 | +€24,320 | +91.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €24,627 | €48,947 | +€24,320 | +98.8% |
| Distributable reserves | 133 | €24,627 | €48,947 | +€24,320 | +98.8% |
| Amounts payable | 17/49 | €56,700 | €49,540 | -€7,160 | -12.6% |
| Amounts payable after more than one year | 17 | €32,301 | €22,812 | -€9,489 | -29.4% |
| Financial debts | 170/4 | €32,301 | €22,812 | -€9,489 | -29.4% |
| Amounts payable within one year | 42/48 | €22,739 | €25,228 | +€2,489 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €9,111 | €9,489 | +€378 | +4.1% |
| Trade debts | 44 | €974 | €520 | -€454 | -46.6% |
| Suppliers | 440/4 | €974 | €520 | -€454 | -46.6% |
| Taxes, remuneration and social security | 45 | €11,366 | €12,403 | +€1,037 | +9.1% |
| Taxes | 450/3 | €11,366 | €12,403 | +€1,037 | +9.1% |
| Other amounts payable | 47/48 | €1,287 | €2,816 | +€1,529 | +118.8% |
| Accrued charges and deferred income | 492/3 | €1,660 | €1,500 | -€160 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,315 | €10,767 | +€2,452 | +29.5% |
| Other operating charges | 640/8 | €437 | €181 | -€256 | -58.6% |
| Gross operating margin | 9900 | €41,780 | €43,812 | +€2,032 | +4.9% |
| Operating profit (loss) | 9901 | €33,028 | €32,864 | -€164 | -0.5% |
| Financial charges | 65/66B | €1,495 | €1,696 | +€202 | +13.5% |
| Recurring financial charges | 65 | €1,495 | €1,696 | +€202 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €31,533 | €31,168 | -€365 | -1.2% |
| Income taxes | 67/77 | €6,906 | €6,848 | -€58 | -0.8% |
| Profit (loss) for the period | 9904 | €24,627 | €24,320 | -€307 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,627 | €24,320 | -€307 | -1.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.