MALICO: 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.
MALICO
Largest movements
- Cash +€133,140
up €133,140 (+2054.3%), from €6,481 to €139,621
mainly Net result for the year (+€190,837) and Tax, wage and social debts (+€18,338)
- Receivables within one year +€76,036
up €76,036 (+43.2%), from €175,948 to €251,984
of which Trade receivables: +€76,149
- Profit (loss) carried forward +€190,837
up €190,837 (+140.5%), from €135,822 to €326,660
- Tax, wage and social debts +€18,338
up €18,338 (+47.5%), from €38,607 to €56,946
- Gross operating margin +€70,145
up €70,145 (+39.4%), from €177,929 to €248,074
- Taxes +€18,338
up €18,338 (+47.5%), from €38,607 to €56,946
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 | €182,430 | €391,606 | +€209,176 | +114.7% |
| Current assets | 29/58 | €182,430 | €391,606 | +€209,176 | +114.7% |
| Amounts receivable within one year | 40/41 | €175,948 | €251,984 | +€76,036 | +43.2% |
| Trade receivables | 40 | €175,800 | €251,949 | +€76,149 | +43.3% |
| Other amounts receivable | 41 | €148 | €35 | -€113 | -76.2% |
| Cash at bank and in hand | 54/58 | €6,481 | €139,621 | +€133,140 | +2054.3% |
| Total equity and liabilities | 10/49 | €182,430 | €391,606 | +€209,176 | +114.7% |
| Equity | 10/15 | €143,822 | €334,660 | +€190,837 | +132.7% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,822 | €326,660 | +€190,837 | +140.5% |
| Amounts payable | 17/49 | €38,607 | €56,946 | +€18,338 | +47.5% |
| Amounts payable within one year | 42/48 | €38,607 | €56,946 | +€18,338 | +47.5% |
| Taxes, remuneration and social security | 45 | €38,607 | €56,946 | +€18,338 | +47.5% |
| Taxes | 450/3 | €38,607 | €56,946 | +€18,338 | +47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Gross operating margin | 9900 | €177,929 | €248,074 | +€70,145 | +39.4% |
| Operating profit (loss) | 9901 | €177,929 | €247,948 | +€70,019 | +39.4% |
| Financial charges | 65/66B | €150 | €165 | +€15 | +10.0% |
| Recurring financial charges | 65 | €150 | €165 | +€15 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €177,779 | €247,783 | +€70,004 | +39.4% |
| Income taxes | 67/77 | €38,607 | €56,946 | +€18,338 | +47.5% |
| Profit (loss) for the period | 9904 | €139,172 | €190,837 | +€51,665 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €139,172 | €190,837 | +€51,665 | +37.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.