MALIBRI: 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.
MALIBRI
Largest movements
- Cash -€19,256
down €19,256 (-44.3%), from €43,471 to €24,215
mainly Investment in fixed assets (net) (-€41,014) and Net result for the year (-€32,928)
- Tangible fixed assets +€12,343
up €12,343 (+8.1%), from €151,898 to €164,241
- Deferred charges and accrued income -€9,058
down €9,058 (-54.4%), from €16,638 to €7,579
- Stocks and contracts +€4,948
up €4,948 (+3.2%), from €155,632 to €160,580
- Trade debts +€54,004
up €54,004 (+23.2%), from €233,100 to €287,105
- Profit (loss) carried forward -€32,928
down €32,928 (-138%), from -€23,793 to -€56,721
- Short-term financial debts -€12,431
down €12,431 (-35.9%), from €34,668 to €22,237
- Debts after one year -€11,300
down €11,300 (-17.3%), from €65,252 to €53,953
- Tax, wage and social debts -€5,884
down €5,884 (-21.1%), from €27,897 to €22,013
of which Remuneration and social security: -€5,061
- Gross operating margin -€39,979
down €39,979 (-24.0%), from €166,237 to €126,258
- Staff costs -€36,236
down €36,236 (-23.3%), from €155,789 to €119,552
- Other operating charges -€12,748
down €12,748 (-97.2%), from €13,109 to €361
- Depreciation +€10,988
up €10,988 (+62.1%), from €17,683 to €28,671
- Financial charges +€7,356
up €7,356 (+202%), from €3,650 to €11,006
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 | €378,185 | €369,885 | -€8,300 | -2.2% |
| Fixed assets | 21/28 | €151,898 | €164,241 | +€12,343 | +8.1% |
| Tangible fixed assets | 22/27 | €151,898 | €164,241 | +€12,343 | +8.1% |
| Plant, machinery and equipment | 23 | €9,736 | €15,907 | +€6,171 | +63.4% |
| Furniture and vehicles | 24 | €463 | €869 | +€406 | +87.7% |
| Other tangible fixed assets | 26 | €141,698 | €147,464 | +€5,766 | +4.1% |
| Current assets | 29/58 | €226,288 | €205,644 | -€20,643 | -9.1% |
| Stocks and contracts in progress | 3 | €155,632 | €160,580 | +€4,948 | +3.2% |
| Stocks | 30/36 | €155,632 | €160,580 | +€4,948 | +3.2% |
| Amounts receivable within one year | 40/41 | €10,547 | €13,270 | +€2,723 | +25.8% |
| Trade receivables | 40 | €1,979 | €1,002 | -€978 | -49.4% |
| Other amounts receivable | 41 | €8,568 | €12,269 | +€3,701 | +43.2% |
| Cash at bank and in hand | 54/58 | €43,471 | €24,215 | -€19,256 | -44.3% |
| Deferred charges and accrued income | 490/1 | €16,638 | €7,579 | -€9,058 | -54.4% |
| Total equity and liabilities | 10/49 | €378,185 | €369,885 | -€8,300 | -2.2% |
| Equity | 10/15 | €6,207 | -€26,721 | -€32,928 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,793 | -€56,721 | -€32,928 | -138% |
| Amounts payable | 17/49 | €371,979 | €396,606 | +€24,627 | +6.6% |
| Amounts payable after more than one year | 17 | €65,252 | €53,953 | -€11,300 | -17.3% |
| Financial debts | 170/4 | €65,252 | €53,953 | -€11,300 | -17.3% |
| Amounts payable within one year | 42/48 | €306,726 | €342,653 | +€35,927 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €11,062 | €11,300 | +€238 | +2.1% |
| Financial debts | 43 | €34,668 | €22,237 | -€12,431 | -35.9% |
| Credit institutions | 430/8 | €34,668 | €22,237 | -€12,431 | -35.9% |
| Trade debts | 44 | €233,100 | €287,105 | +€54,004 | +23.2% |
| Suppliers | 440/4 | €233,100 | €287,105 | +€54,004 | +23.2% |
| Taxes, remuneration and social security | 45 | €27,897 | €22,013 | -€5,884 | -21.1% |
| Taxes | 450/3 | €2,044 | €1,222 | -€823 | -40.2% |
| Remuneration and social security | 454/9 | €25,852 | €20,791 | -€5,061 | -19.6% |
| Remuneration, social security and pensions | 62 | €155,789 | €119,552 | -€36,236 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,683 | €28,671 | +€10,988 | +62.1% |
| Other operating charges | 640/8 | €13,109 | €361 | -€12,748 | -97.2% |
| Gross operating margin | 9900 | €166,237 | €126,258 | -€39,979 | -24.0% |
| Operating profit (loss) | 9901 | -€20,344 | -€22,326 | -€1,982 | -9.7% |
| Financial income | 75/76B | €201 | €404 | +€203 | +101% |
| Recurring financial income | 75 | €201 | €404 | +€203 | +101% |
| Financial charges | 65/66B | €3,650 | €11,006 | +€7,356 | +202% |
| Recurring financial charges | 65 | €3,650 | €11,006 | +€7,356 | +202% |
| Profit (loss) for the period before taxes | 9903 | -€23,793 | -€32,928 | -€9,134 | -38.4% |
| Profit (loss) for the period | 9904 | -€23,793 | -€32,928 | -€9,134 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,793 | -€32,928 | -€9,134 | -38.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.