Malix: 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.
Malix
Largest movements
- Cash +€54,521
up €54,521 (+2330.0%), from €2,340 to €56,861
mainly Net result for the year (+€65,957) and Debts after one year (+€40,482)
- Tangible fixed assets +€28,760
up €28,760 (+33.7%), from €85,284 to €114,044
of which Land and buildings: +€17,058
- Receivables within one year +€23,768
up €23,768 (+519.9%), from €4,572 to €28,340
of which Trade receivables: +€24,632
- Financial fixed assets +€22,722
new in 2025: €22,722
- Profit (loss) carried forward +€65,957
up €65,957, from -€41,320 to €24,637
- Debts after one year +€40,482
up €40,482 (+33.4%), from €121,193 to €161,676
- Tax, wage and social debts +€14,424
up €14,424 (+25058.5%), from €58 to €14,481
- Trade debts +€10,552
up €10,552 (+1079.5%), from €978 to €11,530
- Gross operating margin +€90,668
up €90,668, from -€11,033 to €79,635
- Depreciation +€3,642
up €3,642 (+45.5%), from €8,009 to €11,651
- Financial charges +€833
up €833 (+357.8%), from €233 to €1,066
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 | €95,614 | €226,584 | +€130,970 | +137.0% |
| Fixed assets | 21/28 | €85,284 | €136,766 | +€51,482 | +60.4% |
| Tangible fixed assets | 22/27 | €85,284 | €114,044 | +€28,760 | +33.7% |
| Land and buildings | 22 | €82,478 | €99,536 | +€17,058 | +20.7% |
| Plant, machinery and equipment | 23 | €973 | €3,665 | +€2,692 | +276.8% |
| Furniture and vehicles | 24 | €1,833 | €10,843 | +€9,010 | +491.6% |
| Financial fixed assets | 28 | - | €22,722 | +€22,722 | |
| Current assets | 29/58 | €10,330 | €89,818 | +€79,488 | +769.5% |
| Stocks and contracts in progress | 3 | €3,418 | €4,617 | +€1,199 | +35.1% |
| Stocks | 30/36 | €3,418 | €4,617 | +€1,199 | +35.1% |
| Amounts receivable within one year | 40/41 | €4,572 | €28,340 | +€23,768 | +519.9% |
| Trade receivables | 40 | €2,699 | €27,331 | +€24,632 | +912.8% |
| Other amounts receivable | 41 | €1,873 | €1,009 | -€864 | -46.1% |
| Cash at bank and in hand | 54/58 | €2,340 | €56,861 | +€54,521 | +2330.0% |
| Total equity and liabilities | 10/49 | €95,614 | €226,584 | +€130,970 | +137.0% |
| Equity | 10/15 | -€27,060 | €38,897 | +€65,957 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,320 | €24,637 | +€65,957 | |
| Amounts payable | 17/49 | €122,674 | €187,687 | +€65,013 | +53.0% |
| Amounts payable after more than one year | 17 | €121,193 | €161,676 | +€40,482 | +33.4% |
| Other amounts payable | 178/9 | €121,193 | €161,676 | +€40,482 | +33.4% |
| Amounts payable within one year | 42/48 | €1,480 | €26,011 | +€24,531 | +1657.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €978 | €11,530 | +€10,552 | +1079.5% |
| Suppliers | 440/4 | €978 | €11,530 | +€10,552 | +1079.5% |
| Advances received on contracts in progress | 46 | €445 | €0 | -€445 | -100.0% |
| Taxes, remuneration and social security | 45 | €58 | €14,481 | +€14,424 | +25058.5% |
| Taxes | 450/3 | €58 | €14,481 | +€14,424 | +25058.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,009 | €11,651 | +€3,642 | +45.5% |
| Other operating charges | 640/8 | €615 | €868 | +€253 | +41.1% |
| Gross operating margin | 9900 | -€11,033 | €79,635 | +€90,668 | |
| Operating profit (loss) | 9901 | -€19,658 | €67,115 | +€86,773 | |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €233 | €1,066 | +€833 | +357.8% |
| Recurring financial charges | 65 | €233 | €1,066 | +€833 | +357.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,891 | €66,063 | +€85,954 | |
| Income taxes | 67/77 | €58 | €106 | +€48 | +83.9% |
| Profit (loss) for the period | 9904 | -€19,948 | €65,957 | +€85,906 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,948 | €65,957 | +€85,906 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.