MALLANTS: 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.
MALLANTS
Largest movements
- Financial fixed assets -€213,391
down €213,391 (-13.0%), from €1.6m to €1.4m
- Cash +€188,859
up €188,859 (+369.8%), from €51,076 to €239,935
mainly Investment in fixed assets (net) (+€213,391) and Other debts (+€188,513)
- Current investments +€100,000
up €100,000 (+50.0%), from €200,000 to €300,000
- Other debts +€188,513
up €188,513, from €0 to €188,513
- Reserves -€92,797
down €92,797 (-5.9%), from €1.6m to €1.5m
of which Distributable reserves: -€92,797
- Tax, wage and social debts -€22,115
down €22,115 (-48.3%), from €45,770 to €23,655
- Financial income +€104,641
up €104,641 (+1162.4%), from €9,002 to €113,643
- Taxes +€9,481
up €9,481 (+691.4%), from €1,371 to €10,852
- Gross operating margin -€1,064
down €1,064 (-13.1%), from €8,145 to €7,081
- Financial charges -€744
down €744 (-76.1%), from €978 to €234
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 | €1,893,946 | €1,967,682 | +€73,736 | +3.9% |
| Fixed assets | 21/28 | €1,637,584 | €1,424,193 | -€213,391 | -13.0% |
| Financial fixed assets | 28 | €1,637,584 | €1,424,193 | -€213,391 | -13.0% |
| Current assets | 29/58 | €256,362 | €543,489 | +€287,127 | +112.0% |
| Amounts receivable within one year | 40/41 | €4,583 | €3,458 | -€1,125 | -24.5% |
| Trade receivables | 40 | €522 | €522 | = | 0.0% |
| Other amounts receivable | 41 | €4,061 | €2,936 | -€1,125 | -27.7% |
| Current investments | 50/53 | €200,000 | €300,000 | +€100,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €51,076 | €239,935 | +€188,859 | +369.8% |
| Deferred charges and accrued income | 490/1 | €703 | €95 | -€607 | -86.4% |
| Total equity and liabilities | 10/49 | €1,893,946 | €1,967,682 | +€73,736 | +3.9% |
| Equity | 10/15 | €1,847,965 | €1,755,169 | -€92,797 | -5.0% |
| Contributions | 10/11 | €285,078 | €285,078 | = | 0.0% |
| Capital | 10 | €285,078 | €285,078 | = | 0.0% |
| Issued capital | 100 | €285,078 | €285,078 | = | 0.0% |
| Reserves | 13 | €1,562,888 | €1,470,091 | -€92,797 | -5.9% |
| Non-distributable reserves | 130/1 | €28,508 | €28,508 | = | 0.0% |
| Legal reserve | 130 | €28,508 | €28,508 | = | 0.0% |
| Distributable reserves | 133 | €1,534,380 | €1,441,583 | -€92,797 | -6.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €45,981 | €212,513 | +€166,532 | +362.2% |
| Amounts payable within one year | 42/48 | €45,770 | €212,168 | +€166,398 | +363.6% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €45,770 | €23,655 | -€22,115 | -48.3% |
| Taxes | 450/3 | €45,770 | €23,655 | -€22,115 | -48.3% |
| Other amounts payable | 47/48 | €0 | €188,513 | +€188,513 | |
| Accrued charges and deferred income | 492/3 | €211 | €345 | +€134 | +63.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €8,145 | €7,081 | -€1,064 | -13.1% |
| Operating profit (loss) | 9901 | €7,060 | €5,963 | -€1,097 | -15.5% |
| Financial income | 75/76B | €9,002 | €113,643 | +€104,641 | +1162.4% |
| Recurring financial income | 75 | €9,002 | €113,643 | +€104,641 | +1162.4% |
| Financial charges | 65/66B | €978 | €234 | -€744 | -76.1% |
| Recurring financial charges | 65 | €978 | €234 | -€744 | -76.1% |
| Profit (loss) for the period before taxes | 9903 | €15,084 | €119,372 | +€104,287 | +691.4% |
| Income taxes | 67/77 | €1,371 | €10,852 | +€9,481 | +691.4% |
| Profit (loss) for the period | 9904 | €13,713 | €108,520 | +€94,807 | +691.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,713 | €108,520 | +€94,807 | +691.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.