Mallo: 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.
Mallo
Largest movements
- Cash +€58,592
up €58,592 (+226.7%), from €25,845 to €84,437
mainly Current investments (+€50,000) and Net result for the year (+€14,689)
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Tangible fixed assets +€3,486
new in 2025: €3,486
- Receivables within one year +€3,423
up €3,423 (+75.8%), from €4,518 to €7,941
of which Trade receivables: +€5,346
- Reserves +€13,023
up €13,023 (+17.6%), from €73,869 to €86,893
- Tax, wage and social debts +€2,058
up €2,058 (+483.9%), from €425 to €2,484
- Gross operating margin +€7,225
up €7,225 (+43.2%), from €16,718 to €23,944
- Taxes +€2,437
up €2,437 (+48.0%), from €5,076 to €7,513
- Depreciation +€1,262
new in 2025: €1,262
- Financial income +€1,174
up €1,174, from €0 to €1,174
- Other operating charges +€543
up €543 (+64.5%), from €842 to €1,385
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 | €80,364 | €95,864 | +€15,500 | +19.3% |
| Fixed assets | 21/28 | - | €3,486 | +€3,486 | |
| Tangible fixed assets | 22/27 | - | €3,486 | +€3,486 | |
| Furniture and vehicles | 24 | - | €3,486 | +€3,486 | |
| Current assets | 29/58 | €80,364 | €92,378 | +€12,014 | +14.9% |
| Amounts receivable within one year | 40/41 | €4,518 | €7,941 | +€3,423 | +75.8% |
| Trade receivables | 40 | €2,594 | €7,941 | +€5,346 | +206.1% |
| Other amounts receivable | 41 | €1,924 | €0 | -€1,924 | -100.0% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €25,845 | €84,437 | +€58,592 | +226.7% |
| Total equity and liabilities | 10/49 | €80,364 | €95,864 | +€15,500 | +19.3% |
| Equity | 10/15 | €74,269 | €87,293 | +€13,023 | +17.5% |
| Contributions | 10/11 | €400 | €400 | = | 0.0% |
| Reserves | 13 | €73,869 | €86,893 | +€13,023 | +17.6% |
| Distributable reserves | 133 | €73,869 | €86,893 | +€13,023 | +17.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €6,094 | €8,571 | +€2,477 | +40.6% |
| Amounts payable within one year | 42/48 | €6,094 | €8,571 | +€2,477 | +40.6% |
| Trade debts | 44 | €353 | €148 | -€205 | -58.0% |
| Suppliers | 440/4 | €353 | €148 | -€205 | -58.0% |
| Taxes, remuneration and social security | 45 | €425 | €2,484 | +€2,058 | +483.9% |
| Taxes | 450/3 | €425 | €2,484 | +€2,058 | +483.9% |
| Other amounts payable | 47/48 | €5,316 | €5,939 | +€623 | +11.7% |
| Non-recurring operating income | 76A | €9,000 | €0 | -€9,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,262 | +€1,262 | |
| Other operating charges | 640/8 | €842 | €1,385 | +€543 | +64.5% |
| Gross operating margin | 9900 | €16,718 | €23,944 | +€7,225 | +43.2% |
| Operating profit (loss) | 9901 | €15,877 | €21,297 | +€5,421 | +34.1% |
| Financial income | 75/76B | €0 | €1,174 | +€1,174 | |
| Recurring financial income | 75 | €0 | €1,174 | +€1,174 | |
| Financial charges | 65/66B | €442 | €269 | -€173 | -39.1% |
| Recurring financial charges | 65 | €442 | €269 | -€173 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €15,434 | €22,202 | +€6,768 | +43.9% |
| Income taxes | 67/77 | €5,076 | €7,513 | +€2,437 | +48.0% |
| Profit (loss) for the period | 9904 | €10,358 | €14,689 | +€4,331 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,358 | €14,689 | +€4,331 | +41.8% |
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 11 October 2026 via checked.be.