MALINTO: 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.
MALINTO
Largest movements
- Tangible fixed assets +€14,572
up €14,572 (+14.3%), from €101,686 to €116,258
of which Furniture and vehicles: +€31,641
- Receivables within one year +€7,036
up €7,036 (+56.4%), from €12,479 to €19,515
of which Trade receivables: +€9,082
- Financial fixed assets -€5,000
down €5,000 (-29.4%), from €17,000 to €12,000
- Other debts +€36,002
up €36,002 (+85.7%), from €41,997 to €77,999
- Debts after one year -€24,221
down €24,221 (-56.7%), from €42,721 to €18,501
- Tax, wage and social debts +€6,414
up €6,414 (+166.5%), from €3,853 to €10,267
of which Remuneration and social security: +€4,680
- Current portion of long-term debt -€2,346
down €2,346 (-8.8%), from €26,567 to €24,221
- Gross operating margin +€23,410
up €23,410 (+46.1%), from €50,750 to €74,160
- Depreciation +€10,692
up €10,692 (+167.7%), from €6,377 to €17,069
- Staff costs +€9,406
up €9,406 (+24.6%), from €38,186 to €47,592
- Other operating charges +€5,421
up €5,421 (+784.8%), from €691 to €6,112
- Financial charges -€1,723
down €1,723 (-37.4%), from €4,612 to €2,889
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 | €134,415 | €149,948 | +€15,533 | +11.6% |
| Fixed assets | 21/28 | €118,686 | €128,258 | +€9,572 | +8.1% |
| Tangible fixed assets | 22/27 | €101,686 | €116,258 | +€14,572 | +14.3% |
| Plant, machinery and equipment | 23 | €319 | - | -€319 | |
| Furniture and vehicles | 24 | €38,555 | €70,196 | +€31,641 | +82.1% |
| Leasing and similar rights | 25 | €62,813 | €46,063 | -€16,750 | -26.7% |
| Financial fixed assets | 28 | €17,000 | €12,000 | -€5,000 | -29.4% |
| Current assets | 29/58 | €15,729 | €21,689 | +€5,961 | +37.9% |
| Amounts receivable within one year | 40/41 | €12,479 | €19,515 | +€7,036 | +56.4% |
| Trade receivables | 40 | €10,432 | €19,515 | +€9,082 | +87.1% |
| Other amounts receivable | 41 | €2,046 | - | -€2,046 | |
| Cash at bank and in hand | 54/58 | €3,250 | €2,175 | -€1,075 | -33.1% |
| Total equity and liabilities | 10/49 | €134,415 | €149,948 | +€15,533 | +11.6% |
| Equity | 10/15 | €14,484 | €14,982 | +€498 | +3.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,484 | €10,982 | +€498 | +4.8% |
| Amounts payable | 17/49 | €119,931 | €134,966 | +€15,035 | +12.5% |
| Amounts payable after more than one year | 17 | €42,721 | €18,501 | -€24,221 | -56.7% |
| Financial debts | 170/4 | €42,721 | €18,501 | -€24,221 | -56.7% |
| Amounts payable within one year | 42/48 | €77,209 | €116,465 | +€39,256 | +50.8% |
| Current portion of amounts payable after more than one year | 42 | €26,567 | €24,221 | -€2,346 | -8.8% |
| Trade debts | 44 | €4,793 | €3,978 | -€814 | -17.0% |
| Suppliers | 440/4 | €4,793 | €3,978 | -€814 | -17.0% |
| Taxes, remuneration and social security | 45 | €3,853 | €10,267 | +€6,414 | +166.5% |
| Taxes | 450/3 | €91 | €1,824 | +€1,733 | +1910.1% |
| Remuneration and social security | 454/9 | €3,762 | €8,443 | +€4,680 | +124.4% |
| Other amounts payable | 47/48 | €41,997 | €77,999 | +€36,002 | +85.7% |
| Remuneration, social security and pensions | 62 | €38,186 | €47,592 | +€9,406 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,377 | €17,069 | +€10,692 | +167.7% |
| Other operating charges | 640/8 | €691 | €6,112 | +€5,421 | +784.8% |
| Gross operating margin | 9900 | €50,750 | €74,160 | +€23,410 | +46.1% |
| Operating profit (loss) | 9901 | €5,497 | €3,388 | -€2,109 | -38.4% |
| Financial charges | 65/66B | €4,612 | €2,889 | -€1,723 | -37.4% |
| Recurring financial charges | 65 | €4,612 | €2,889 | -€1,723 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | €885 | €498 | -€386 | -43.7% |
| Profit (loss) for the period | 9904 | €885 | €498 | -€386 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €885 | €498 | -€386 | -43.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.