MALIMMO: 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.
MALIMMO
Largest movements
- Cash +€143,634
up €143,634 (+190.1%), from €75,555 to €219,188
mainly Net result for the year (+€122,869) and Depreciation (+€109,297)
- Tangible fixed assets -€67,280
down €67,280 (-3.2%), from €2.1m to €2.0m
of which Land and buildings: -€82,310
- Reserves +€122,700
up €122,700 (+15.6%), from €787,181 to €909,881
of which Distributable reserves: +€136,000
- Debts after one year -€42,962
down €42,962 (-22.2%), from €193,425 to €150,463
of which Financial debts: -€43,412
- Gross operating margin -€277,486
down €277,486 (-45.3%), from €612,053 to €334,567
- Depreciation -€25,920
down €25,920 (-19.2%), from €135,216 to €109,297
- Taxes +€13,589
up €13,589 (+41.3%), from €32,917 to €46,506
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,196,172 | €2,271,636 | +€75,464 | +3.4% |
| Fixed assets | 21/28 | €2,117,843 | €2,048,563 | -€69,280 | -3.3% |
| Intangible fixed assets | 21 | €10,000 | €8,000 | -€2,000 | -20.0% |
| Tangible fixed assets | 22/27 | €2,105,834 | €2,038,555 | -€67,280 | -3.2% |
| Land and buildings | 22 | €2,013,108 | €1,930,799 | -€82,310 | -4.1% |
| Plant, machinery and equipment | 23 | €92,726 | €107,756 | +€15,030 | +16.2% |
| Financial fixed assets | 28 | €2,009 | €2,009 | = | 0.0% |
| Current assets | 29/58 | €78,329 | €223,072 | +€144,743 | +184.8% |
| Cash at bank and in hand | 54/58 | €75,555 | €219,188 | +€143,634 | +190.1% |
| Deferred charges and accrued income | 490/1 | €2,775 | €3,884 | +€1,110 | +40.0% |
| Total equity and liabilities | 10/49 | €2,196,172 | €2,271,636 | +€75,464 | +3.4% |
| Equity | 10/15 | €1,417,264 | €1,540,132 | +€122,869 | +8.7% |
| Contributions | 10/11 | €630,000 | €630,000 | = | 0.0% |
| Capital | 10 | €630,000 | €630,000 | = | 0.0% |
| Issued capital | 100 | €630,000 | €630,000 | = | 0.0% |
| Reserves | 13 | €787,181 | €909,881 | +€122,700 | +15.6% |
| Non-distributable reserves | 130/1 | €63,000 | €63,000 | = | 0.0% |
| Legal reserve | 130 | €63,000 | €63,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €360,181 | €346,881 | -€13,300 | -3.7% |
| Distributable reserves | 133 | €364,000 | €500,000 | +€136,000 | +37.4% |
| Profit (loss) carried forward | 14 | €83 | €251 | +€168 | +202.4% |
| Provisions and deferred taxes | 16 | €125,542 | €120,939 | -€4,602 | -3.7% |
| Deferred taxes | 168 | €125,542 | €120,939 | -€4,602 | -3.7% |
| Amounts payable | 17/49 | €653,366 | €610,564 | -€42,803 | -6.6% |
| Amounts payable after more than one year | 17 | €193,425 | €150,463 | -€42,962 | -22.2% |
| Financial debts | 170/4 | €166,255 | €122,843 | -€43,412 | -26.1% |
| Other amounts payable | 178/9 | €27,170 | €27,620 | +€450 | +1.7% |
| Amounts payable within one year | 42/48 | €459,941 | €460,101 | +€160 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €41,458 | €43,101 | +€1,643 | +4.0% |
| Trade debts | 44 | €5,540 | €10,596 | +€5,056 | +91.3% |
| Suppliers | 440/4 | €5,540 | €10,596 | +€5,056 | +91.3% |
| Taxes, remuneration and social security | 45 | €12,917 | €6,506 | -€6,411 | -49.6% |
| Taxes | 450/3 | €12,917 | €6,506 | -€6,411 | -49.6% |
| Other amounts payable | 47/48 | €400,027 | €399,898 | -€129 | 0.0% |
| Non-recurring operating income | 76A | €273,672 | - | -€273,672 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,216 | €109,297 | -€25,920 | -19.2% |
| Other operating charges | 640/8 | €53,270 | €50,451 | -€2,819 | -5.3% |
| Gross operating margin | 9900 | €612,053 | €334,567 | -€277,486 | -45.3% |
| Operating profit (loss) | 9901 | €423,567 | €174,820 | -€248,747 | -58.7% |
| Financial income | 75/76B | €5,704 | €0 | -€5,704 | -100.0% |
| Recurring financial income | 75 | €5,704 | €0 | -€5,704 | -100.0% |
| Financial charges | 65/66B | €13,620 | €10,047 | -€3,572 | -26.2% |
| Recurring financial charges | 65 | €13,620 | €10,047 | -€3,572 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €415,651 | €164,773 | -€250,878 | -60.4% |
| Transfer from deferred taxes | 780 | €4,105 | €4,602 | +€497 | +12.1% |
| Transfer to deferred taxes | 680 | €68,418 | - | -€68,418 | |
| Income taxes | 67/77 | €32,917 | €46,506 | +€13,589 | +41.3% |
| Profit (loss) for the period | 9904 | €318,421 | €122,869 | -€195,552 | -61.4% |
| Transfer from tax-exempt reserves | 789 | €19,457 | €13,300 | -€6,158 | -31.6% |
| Transfer to tax-exempt reserves | 689 | €205,254 | - | -€205,254 | |
| Profit (loss) for the period to be appropriated | 9905 | €132,625 | €136,168 | +€3,544 | +2.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.