MALIMA: 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.
MALIMA
Largest movements
- Cash -€33,593
down €33,593 (-99.3%), from €33,831 to €238
mainly Net result for the year (-€26,745) and Receivables within one year (-€13,432)
- Receivables within one year +€13,432
up €13,432 (+16.6%), from €80,725 to €94,158
of which Other amounts receivable: +€16,668
- Tangible fixed assets -€11,512
down €11,512 (-8.6%), from €134,309 to €122,796
of which Plant, machinery and equipment: -€8,489
- Profit (loss) carried forward -€26,745
new in 2025: -€26,745
- Current portion of long-term debt -€4,334
no longer reported in 2025 (was €4,334)
- Financial income -€70,147
down €70,147 (-93.3%), from €75,190 to €5,043
- Gross operating margin -€19,157
down €19,157 (-3,013%), from -€636 to -€19,792
- Financial charges -€681
down €681 (-58.5%), from €1,164 to €483
- Taxes -€530
no longer reported in 2025 (was €530)
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 | €250,365 | €219,192 | -€31,173 | -12.5% |
| Fixed assets | 21/28 | €134,309 | €122,796 | -€11,512 | -8.6% |
| Tangible fixed assets | 22/27 | €134,309 | €122,796 | -€11,512 | -8.6% |
| Plant, machinery and equipment | 23 | €93,410 | €84,921 | -€8,489 | -9.1% |
| Furniture and vehicles | 24 | €35,723 | €32,700 | -€3,023 | -8.5% |
| Other tangible fixed assets | 26 | €5,175 | €5,175 | = | 0.0% |
| Current assets | 29/58 | €116,056 | €96,395 | -€19,661 | -16.9% |
| Amounts receivable within one year | 40/41 | €80,725 | €94,158 | +€13,432 | +16.6% |
| Trade receivables | 40 | €5,554 | €2,318 | -€3,236 | -58.3% |
| Other amounts receivable | 41 | €75,172 | €91,840 | +€16,668 | +22.2% |
| Cash at bank and in hand | 54/58 | €33,831 | €238 | -€33,593 | -99.3% |
| Deferred charges and accrued income | 490/1 | €1,500 | €2,000 | +€500 | +33.3% |
| Total equity and liabilities | 10/49 | €250,365 | €219,192 | -€31,173 | -12.5% |
| Equity | 10/15 | €244,995 | €218,251 | -€26,745 | -10.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €224,995 | €224,995 | = | 0.0% |
| Distributable reserves | 133 | €224,995 | €224,995 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€26,745 | -€26,745 | |
| Amounts payable | 17/49 | €5,370 | €941 | -€4,428 | -82.5% |
| Amounts payable within one year | 42/48 | €5,370 | €530 | -€4,839 | -90.1% |
| Current portion of amounts payable after more than one year | 42 | €4,334 | - | -€4,334 | |
| Financial debts | 43 | €505 | - | -€505 | |
| Other loans | 439 | €505 | - | -€505 | |
| Taxes, remuneration and social security | 45 | €530 | €530 | = | 0.0% |
| Taxes | 450/3 | €530 | €530 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €411 | +€411 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,634 | €11,512 | -€122 | -1.0% |
| Other operating charges | 640/8 | €112 | - | -€112 | |
| Gross operating margin | 9900 | -€636 | -€19,792 | -€19,157 | -3,013% |
| Operating profit (loss) | 9901 | -€12,382 | -€31,305 | -€18,923 | -153% |
| Financial income | 75/76B | €75,190 | €5,043 | -€70,147 | -93.3% |
| Recurring financial income | 75 | €75,190 | €5,043 | -€70,147 | -93.3% |
| Financial charges | 65/66B | €1,164 | €483 | -€681 | -58.5% |
| Recurring financial charges | 65 | €1,164 | €483 | -€681 | -58.5% |
| Profit (loss) for the period before taxes | 9903 | €61,644 | -€26,745 | -€88,389 | |
| Income taxes | 67/77 | €530 | - | -€530 | |
| Profit (loss) for the period | 9904 | €61,115 | -€26,745 | -€87,859 | |
| Profit (loss) for the period to be appropriated | 9905 | €61,115 | -€26,745 | -€87,859 |
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.