Malis: 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.
Malis
Largest movements
- Cash -€20,409
down €20,409 (-79.2%), from €25,758 to €5,349
mainly Net result for the year (-€44,758) and Receivables within one year (-€5,920)
- Stocks and contracts -€6,757
down €6,757 (-8.2%), from €82,341 to €75,585
- Receivables within one year +€5,920
up €5,920 (+109.7%), from €5,395 to €11,315
of which Other amounts receivable: +€9,848
- Profit (loss) carried forward -€44,758
down €44,758 (-17.5%), from -€256,106 to -€300,864
- Other debts +€15,000
up €15,000 (+4.2%), from €359,601 to €374,601
- Tax, wage and social debts +€7,430
new in 2025: €7,430
- Gross operating margin -€17,090
down €17,090 (-64.3%), from -€26,598 to -€43,687
- Financial charges -€4,648
down €4,648 (-89.4%), from €5,197 to €550
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 | €113,494 | €92,248 | -€21,246 | -18.7% |
| Current assets | 29/58 | €113,494 | €92,248 | -€21,246 | -18.7% |
| Stocks and contracts in progress | 3 | €82,341 | €75,585 | -€6,757 | -8.2% |
| Stocks | 30/36 | €82,341 | €75,585 | -€6,757 | -8.2% |
| Amounts receivable within one year | 40/41 | €5,395 | €11,315 | +€5,920 | +109.7% |
| Trade receivables | 40 | €4,091 | €163 | -€3,928 | -96.0% |
| Other amounts receivable | 41 | €1,304 | €11,152 | +€9,848 | +755.3% |
| Cash at bank and in hand | 54/58 | €25,758 | €5,349 | -€20,409 | -79.2% |
| Total equity and liabilities | 10/49 | €113,494 | €92,248 | -€21,246 | -18.7% |
| Equity | 10/15 | -€246,106 | -€290,864 | -€44,758 | -18.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€256,106 | -€300,864 | -€44,758 | -17.5% |
| Amounts payable | 17/49 | €359,601 | €383,113 | +€23,512 | +6.5% |
| Amounts payable within one year | 42/48 | €359,601 | €383,113 | +€23,512 | +6.5% |
| Trade debts | 44 | - | €1,081 | +€1,081 | |
| Suppliers | 440/4 | - | €1,081 | +€1,081 | |
| Taxes, remuneration and social security | 45 | - | €7,430 | +€7,430 | |
| Taxes | 450/3 | - | €7,430 | +€7,430 | |
| Other amounts payable | 47/48 | €359,601 | €374,601 | +€15,000 | +4.2% |
| Other operating charges | 640/8 | €512 | €523 | +€10 | +2.0% |
| Gross operating margin | 9900 | -€26,598 | -€43,687 | -€17,090 | -64.3% |
| Operating profit (loss) | 9901 | -€27,110 | -€44,210 | -€17,100 | -63.1% |
| Financial income | 75/76B | €0 | €1 | +€1 | +14500.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +14500.0% |
| Financial charges | 65/66B | €5,197 | €550 | -€4,648 | -89.4% |
| Recurring financial charges | 65 | €5,197 | €550 | -€4,648 | -89.4% |
| Profit (loss) for the period before taxes | 9903 | -€32,307 | -€44,758 | -€12,451 | -38.5% |
| Income taxes | 67/77 | €125 | - | -€125 | |
| Profit (loss) for the period | 9904 | -€32,432 | -€44,758 | -€12,326 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,432 | -€44,758 | -€12,326 | -38.0% |
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.