Malisa: 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.
Malisa
Largest movements
- Receivables within one year -€457,569
down €457,569 (-24.8%), from €1.8m to €1.4m
of which Other amounts receivable: -€460,252
- Cash +€56,027
up €56,027 (+65.3%), from €85,853 to €141,879
mainly Receivables within one year (+€457,569) and Net result for the year (+€24,454)
- Short-term financial debts -€400,000
down €400,000 (-44.4%), from €900,000 to €500,000
- Financial income -€31,016
down €31,016 (-28.8%), from €107,737 to €76,721
- Financial charges -€18,612
down €18,612 (-30.1%), from €61,751 to €43,139
- Taxes -€5,064
down €5,064 (-38.0%), from €13,342 to €8,278
- Staff costs +€2,637
up €2,637 (+2.8%), from €94,167 to €96,804
- Gross operating margin +€2,561
up €2,561 (+2.7%), from €94,360 to €96,921
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 | €3,533,866 | €3,132,324 | -€401,542 | -11.4% |
| Fixed assets | 21/28 | €1,306,399 | €1,306,399 | = | 0.0% |
| Financial fixed assets | 28 | €1,306,399 | €1,306,399 | = | 0.0% |
| Current assets | 29/58 | €2,227,467 | €1,825,925 | -€401,542 | -18.0% |
| Amounts receivable within one year | 40/41 | €1,842,074 | €1,384,506 | -€457,569 | -24.8% |
| Trade receivables | 40 | €19,505 | €22,188 | +€2,683 | +13.8% |
| Other amounts receivable | 41 | €1,822,569 | €1,362,317 | -€460,252 | -25.3% |
| Current investments | 50/53 | €299,540 | €299,540 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €85,853 | €141,879 | +€56,027 | +65.3% |
| Total equity and liabilities | 10/49 | €3,533,866 | €3,132,324 | -€401,542 | -11.4% |
| Equity | 10/15 | €2,475,626 | €2,500,080 | +€24,454 | +1.0% |
| Contributions | 10/11 | €550,000 | €550,000 | = | 0.0% |
| Reserves | 13 | €1,925,626 | €1,950,080 | +€24,454 | +1.3% |
| Distributable reserves | 133 | €1,925,626 | €1,950,080 | +€24,454 | +1.3% |
| Amounts payable | 17/49 | €1,058,239 | €632,244 | -€425,996 | -40.3% |
| Amounts payable after more than one year | 17 | €78,925 | €62,012 | -€16,912 | -21.4% |
| Other amounts payable | 178/9 | €78,925 | €62,012 | -€16,912 | -21.4% |
| Amounts payable within one year | 42/48 | €966,215 | €568,472 | -€397,743 | -41.2% |
| Financial debts | 43 | €900,000 | €500,000 | -€400,000 | -44.4% |
| Credit institutions | 430/8 | €900,000 | €500,000 | -€400,000 | -44.4% |
| Trade debts | 44 | €4,579 | €4,779 | +€200 | +4.4% |
| Suppliers | 440/4 | €4,579 | €4,779 | +€200 | +4.4% |
| Taxes, remuneration and social security | 45 | €20,503 | €20,960 | +€457 | +2.2% |
| Taxes | 450/3 | €4,557 | €4,662 | +€105 | +2.3% |
| Remuneration and social security | 454/9 | €15,947 | €16,298 | +€352 | +2.2% |
| Other amounts payable | 47/48 | €41,133 | €42,733 | +€1,600 | +3.9% |
| Accrued charges and deferred income | 492/3 | €13,100 | €1,759 | -€11,340 | -86.6% |
| Remuneration, social security and pensions | 62 | €94,167 | €96,804 | +€2,637 | +2.8% |
| Other operating charges | 640/8 | €1,010 | €968 | -€43 | -4.2% |
| Gross operating margin | 9900 | €94,360 | €96,921 | +€2,561 | +2.7% |
| Operating profit (loss) | 9901 | -€817 | -€851 | -€34 | -4.1% |
| Financial income | 75/76B | €107,737 | €76,721 | -€31,016 | -28.8% |
| Recurring financial income | 75 | €107,737 | €76,721 | -€31,016 | -28.8% |
| Financial charges | 65/66B | €61,751 | €43,139 | -€18,612 | -30.1% |
| Recurring financial charges | 65 | €61,751 | €43,139 | -€18,612 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €45,169 | €32,731 | -€12,438 | -27.5% |
| Income taxes | 67/77 | €13,342 | €8,278 | -€5,064 | -38.0% |
| Profit (loss) for the period | 9904 | €31,827 | €24,454 | -€7,374 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,827 | €24,454 | -€7,374 | -23.2% |
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 19 October 2026 via checked.be.