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Malomar: 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.

What changed

Malomar

BE 0735.884.362
NACE 70.100, Activities of head offices
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€13,164
2023 · -€10,562-€2,602
Equity
-€82,880
2023 · -€69,716-€13,164
Cash
€8,812
2023 · €6,142+€2,670
Balance sheet total
€1.9m
2023 · €1.6m+€327,017

Largest movements

2023 to 2024
Assets
  • Financial fixed assets +€309,000

    up €309,000 (+20.0%), from €1.5m to €1.9m

Equity and liabilities
  • Debts after one year +€605,000

    up €605,000 (+43.9%), from €1.4m to €2.0m

  • Short-term financial debts -€265,000

    down €265,000 (-100.0%), from €265,000 to €0

Income statement
  • Gross operating margin -€13,475

    down €13,475 (-122.1%), from -€11,034 to -€24,509

  • Financial charges -€8,189

    down €8,189 (-75.1%), from €10,905 to €2,716

  • Financial income +€2,645

    up €2,645 (+20.2%), from €13,067 to €15,712

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€10,562
Gross operating margin -€13,475
Other operating charges -€16
Financial income +€2,645
Financial charges +€8,189
Taxes +€55
Result 2024 -€13,164

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€28,330
Investment -€309,000
Financing +€340,000
Cash 2023 €6,142
Net result for the year -€13,164
Depreciation +€496
Smaller working-capital items +€52
Deferred charges and accrued income -€15,714
Investment in fixed assets (net) -€309,000
Debts after one year +€605,000
Short-term financial debts -€265,000
Cash 2024 €8,812
Every line side by side 37 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,592,886 €1,919,902 +€327,017 +20.5%
Fixed assets 21/28 €1,543,790 €1,852,294 +€308,504 +20.0%
Tangible fixed assets 22/27 €753 €257 -€496 -65.8%
Furniture and vehicles 24 €753 €257 -€496 -65.8%
Financial fixed assets 28 €1,543,037 €1,852,037 +€309,000 +20.0%
Current assets 29/58 €49,096 €67,608 +€18,512 +37.7%
Amounts receivable within one year 40/41 €562 €691 +€129 +22.9%
Other amounts receivable 41 €562 €691 +€129 +22.9%
Cash at bank and in hand 54/58 €6,142 €8,812 +€2,670 +43.5%
Deferred charges and accrued income 490/1 €42,391 €58,105 +€15,714 +37.1%
Total equity and liabilities 10/49 €1,592,886 €1,919,902 +€327,017 +20.5%
Equity 10/15 -€69,716 -€82,880 -€13,164 -18.9%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 -€74,716 -€87,880 -€13,164 -17.6%
Amounts payable 17/49 €1,662,602 €2,002,782 +€340,180 +20.5%
Amounts payable after more than one year 17 €1,379,411 €1,984,411 +€605,000 +43.9%
Financial debts 170/4 €1,379,411 €1,984,411 +€605,000 +43.9%
Amounts payable within one year 42/48 €283,191 €18,371 -€264,820 -93.5%
Financial debts 43 €265,000 €0 -€265,000 -100.0%
Credit institutions 430/8 €265,000 €0 -€265,000 -100.0%
Trade debts 44 €1,921 €2,674 +€753 +39.2%
Suppliers 440/4 €1,921 €2,674 +€753 +39.2%
Taxes, remuneration and social security 45 €225 €141 -€83 -37.1%
Taxes 450/3 €225 €141 -€83 -37.1%
Other amounts payable 47/48 €16,045 €15,556 -€489 -3.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €496 €496 = 0.0%
Other operating charges 640/8 €1,069 €1,086 +€16 +1.5%
Gross operating margin 9900 -€11,034 -€24,509 -€13,475 -122.1%
Operating profit (loss) 9901 -€12,599 -€26,090 -€13,492 -107.1%
Financial income 75/76B €13,067 €15,712 +€2,645 +20.2%
Recurring financial income 75 €13,067 €15,712 +€2,645 +20.2%
Financial charges 65/66B €10,905 €2,716 -€8,189 -75.1%
Recurring financial charges 65 €10,905 €2,716 -€8,189 -75.1%
Profit (loss) for the period before taxes 9903 -€10,436 -€13,093 -€2,657 -25.5%
Income taxes 67/77 €126 €70 -€55 -44.0%
Profit (loss) for the period 9904 -€10,562 -€13,164 -€2,602 -24.6%
Profit (loss) for the period to be appropriated 9905 -€10,562 -€13,164 -€2,602 -24.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.