MALKA IMMO: 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.
MALKA IMMO
Largest movements
- Receivables within one year +€117,278
up €117,278 (+59.1%), from €198,344 to €315,622
of which Other amounts receivable: +€123,341
- Tangible fixed assets -€46,392
down €46,392 (-5.4%), from €861,799 to €815,407
- Profit (loss) carried forward +€90,044
up €90,044 (+12.8%), from €700,973 to €791,016
- Debts after one year -€29,696
down €29,696 (-11.3%), from €263,659 to €233,964
No income-statement line moved by more than 1% of the activity.
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,074,466 | €1,135,187 | +€60,721 | +5.7% |
| Fixed assets | 21/28 | €861,799 | €815,407 | -€46,392 | -5.4% |
| Tangible fixed assets | 22/27 | €861,799 | €815,407 | -€46,392 | -5.4% |
| Land and buildings | 22 | €861,799 | €815,407 | -€46,392 | -5.4% |
| Current assets | 29/58 | €212,667 | €319,780 | +€107,112 | +50.4% |
| Amounts receivable within one year | 40/41 | €198,344 | €315,622 | +€117,278 | +59.1% |
| Trade receivables | 40 | €40,207 | €34,144 | -€6,063 | -15.1% |
| Other amounts receivable | 41 | €158,137 | €281,478 | +€123,341 | +78.0% |
| Cash at bank and in hand | 54/58 | €14,324 | €4,158 | -€10,165 | -71.0% |
| Total equity and liabilities | 10/49 | €1,074,466 | €1,135,187 | +€60,721 | +5.7% |
| Equity | 10/15 | €769,173 | €859,216 | +€90,044 | +11.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €700,973 | €791,016 | +€90,044 | +12.8% |
| Amounts payable | 17/49 | €305,294 | €275,970 | -€29,323 | -9.6% |
| Amounts payable after more than one year | 17 | €263,659 | €233,964 | -€29,696 | -11.3% |
| Other amounts payable | 178/9 | €263,659 | €233,964 | -€29,696 | -11.3% |
| Amounts payable within one year | 42/48 | €41,634 | €42,007 | +€373 | +0.9% |
| Trade debts | 44 | €343 | €416 | +€72 | +21.1% |
| Suppliers | 440/4 | €343 | €416 | +€72 | +21.1% |
| Taxes, remuneration and social security | 45 | €40,791 | €41,091 | +€300 | +0.7% |
| Taxes | 450/3 | €40,791 | €41,091 | +€300 | +0.7% |
| Other amounts payable | 47/48 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,392 | €46,392 | +€0 | 0.0% |
| Other operating charges | 640/8 | €24,207 | €24,965 | +€758 | +3.1% |
| Gross operating margin | 9900 | €196,065 | €194,347 | -€1,717 | -0.9% |
| Operating profit (loss) | 9901 | €125,466 | €122,990 | -€2,476 | -2.0% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,382 | €170 | -€1,212 | -87.7% |
| Recurring financial charges | 65 | €1,382 | €170 | -€1,212 | -87.7% |
| Profit (loss) for the period before taxes | 9903 | €124,084 | €122,822 | -€1,262 | -1.0% |
| Income taxes | 67/77 | €33,813 | €32,778 | -€1,035 | -3.1% |
| Profit (loss) for the period | 9904 | €90,271 | €90,044 | -€227 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €90,271 | €90,044 | -€227 | -0.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.