MALILY: 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.
MALILY
Largest movements
- Intangible fixed assets -€15,000
down €15,000 (-12.5%), from €120,137 to €105,137
- Cash -€12,600
down €12,600 (-57.3%), from €21,980 to €9,381
mainly Net result for the year (-€72,407) and Other debts (-€26,783)
- Tangible fixed assets -€5,204
down €5,204 (-29.0%), from €17,931 to €12,726
of which Plant, machinery and equipment: -€3,250
- Profit (loss) carried forward -€72,407
down €72,407 (-41.3%), from -€175,253 to -€247,660
- Trade debts +€59,915
up €59,915 (+84.5%), from €70,938 to €130,853
- Other debts -€26,783
down €26,783 (-81.4%), from €32,889 to €6,106
- Debts after one year +€6,250
up €6,250 (+6.2%), from €100,000 to €106,250
- Current portion of long-term debt -€6,107
no longer reported in 2025 (was €6,107)
- Gross operating margin -€65,774
down €65,774 (-30.6%), from €215,115 to €149,341
- Staff costs -€46,770
down €46,770 (-21.3%), from €219,075 to €172,305
- Financial charges +€10,009
up €10,009 (+130.2%), from €7,685 to €17,694
- Depreciation +€5,459
up €5,459 (+37.0%), from €14,745 to €20,204
- Taxes +€2,688
up €2,688, from -€29 to €2,658
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 | €177,558 | €144,339 | -€33,220 | -18.7% |
| Fixed assets | 21/28 | €138,468 | €118,263 | -€20,204 | -14.6% |
| Intangible fixed assets | 21 | €120,137 | €105,137 | -€15,000 | -12.5% |
| Tangible fixed assets | 22/27 | €17,931 | €12,726 | -€5,204 | -29.0% |
| Plant, machinery and equipment | 23 | €10,439 | €7,189 | -€3,250 | -31.1% |
| Furniture and vehicles | 24 | €7,491 | €5,537 | -€1,954 | -26.1% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €39,091 | €26,075 | -€13,015 | -33.3% |
| Stocks and contracts in progress | 3 | €4,181 | €4,181 | = | 0.0% |
| Stocks | 30/36 | €4,181 | €4,181 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,084 | €12,514 | +€430 | +3.6% |
| Trade receivables | 40 | - | €430 | +€430 | |
| Other amounts receivable | 41 | €12,084 | €12,084 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,980 | €9,381 | -€12,600 | -57.3% |
| Deferred charges and accrued income | 490/1 | €845 | - | -€845 | |
| Total equity and liabilities | 10/49 | €177,558 | €144,339 | -€33,220 | -18.7% |
| Equity | 10/15 | -€170,253 | -€242,660 | -€72,407 | -42.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€175,253 | -€247,660 | -€72,407 | -41.3% |
| Amounts payable | 17/49 | €347,811 | €386,999 | +€39,187 | +11.3% |
| Amounts payable after more than one year | 17 | €100,000 | €106,250 | +€6,250 | +6.2% |
| Financial debts | 170/4 | €100,000 | €106,250 | +€6,250 | +6.2% |
| Amounts payable within one year | 42/48 | €244,637 | €275,233 | +€30,596 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €6,107 | - | -€6,107 | |
| Trade debts | 44 | €70,938 | €130,853 | +€59,915 | +84.5% |
| Suppliers | 440/4 | €70,938 | €130,853 | +€59,915 | +84.5% |
| Taxes, remuneration and social security | 45 | €134,702 | €138,274 | +€3,571 | +2.7% |
| Taxes | 450/3 | €69,588 | €98,488 | +€28,900 | +41.5% |
| Remuneration and social security | 454/9 | €65,115 | €39,786 | -€25,329 | -38.9% |
| Other amounts payable | 47/48 | €32,889 | €6,106 | -€26,783 | -81.4% |
| Accrued charges and deferred income | 492/3 | €3,174 | €5,515 | +€2,341 | +73.7% |
| Remuneration, social security and pensions | 62 | €219,075 | €172,305 | -€46,770 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,745 | €20,204 | +€5,459 | +37.0% |
| Other operating charges | 640/8 | €7,930 | €8,933 | +€1,003 | +12.6% |
| Gross operating margin | 9900 | €215,115 | €149,341 | -€65,774 | -30.6% |
| Operating profit (loss) | 9901 | -€26,635 | -€52,101 | -€25,466 | -95.6% |
| Financial income | 75/76B | €32 | €47 | +€15 | +46.4% |
| Recurring financial income | 75 | €32 | €47 | +€15 | +46.4% |
| Financial charges | 65/66B | €7,685 | €17,694 | +€10,009 | +130.2% |
| Recurring financial charges | 65 | €7,685 | €17,694 | +€10,009 | +130.2% |
| Profit (loss) for the period before taxes | 9903 | -€34,288 | -€69,749 | -€35,460 | -103.4% |
| Income taxes | 67/77 | -€29 | €2,658 | +€2,688 | |
| Profit (loss) for the period | 9904 | -€34,259 | -€72,407 | -€38,148 | -111.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,259 | -€72,407 | -€38,148 | -111.4% |
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 11 October 2026 via checked.be.