MALONO: 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.
MALONO
Largest movements
- Tangible fixed assets -€9,959
down €9,959 (-59.5%), from €16,737 to €6,778
- Cash -€9,678
down €9,678 (-58.4%), from €16,564 to €6,886
mainly Net result for the year (-€15,941) and Other debts (-€11,000)
- Receivables within one year -€3,439
down €3,439 (-63.0%), from €5,460 to €2,021
- Deferred charges and accrued income -€1,520
no longer reported in 2025 (was €1,520)
- Profit (loss) carried forward -€15,941
down €15,941, from €9,284 to -€6,656
- Other debts -€11,000
down €11,000 (-79.9%), from €13,763 to €2,763
- Tax, wage and social debts +€5,494
up €5,494 (+56.8%), from €9,668 to €15,162
of which Taxes: +€4,631
- Trade debts -€3,050
down €3,050 (-38.5%), from €7,911 to €4,862
- Turnover -€197,814
no longer reported in 2025 (was €197,814)
- Purchases and services -€108,701
no longer reported in 2025 (was €108,701)
- Taxes +€19,689
up €19,689 (+313.7%), from €6,276 to €25,965
- Other operating charges +€13,940
up €13,940 (+174.7%), from €7,979 to €21,919
- Gross operating margin +€13,828
up €13,828 (+15.0%), from €91,985 to €105,813
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 | €42,481 | €17,985 | -€24,496 | -57.7% |
| Fixed assets | 21/28 | €18,937 | €9,078 | -€9,859 | -52.1% |
| Tangible fixed assets | 22/27 | €16,737 | €6,778 | -€9,959 | -59.5% |
| Plant, machinery and equipment | 23 | €4,244 | €2,870 | -€1,373 | -32.4% |
| Furniture and vehicles | 24 | €4,586 | - | -€4,586 | |
| Leasing and similar rights | 25 | €7,907 | €3,908 | -€4,000 | -50.6% |
| Financial fixed assets | 28 | €2,200 | €2,300 | +€100 | +4.5% |
| Current assets | 29/58 | €23,544 | €8,907 | -€14,637 | -62.2% |
| Amounts receivable within one year | 40/41 | €5,460 | €2,021 | -€3,439 | -63.0% |
| Other amounts receivable | 41 | €5,460 | €2,021 | -€3,439 | -63.0% |
| Cash at bank and in hand | 54/58 | €16,564 | €6,886 | -€9,678 | -58.4% |
| Deferred charges and accrued income | 490/1 | €1,520 | - | -€1,520 | |
| Total equity and liabilities | 10/49 | €42,481 | €17,985 | -€24,496 | -57.7% |
| Equity | 10/15 | €11,139 | -€4,801 | -€15,941 | |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,284 | -€6,656 | -€15,941 | |
| Amounts payable | 17/49 | €31,342 | €22,786 | -€8,556 | -27.3% |
| Amounts payable within one year | 42/48 | €31,342 | €22,786 | -€8,556 | -27.3% |
| Trade debts | 44 | €7,911 | €4,862 | -€3,050 | -38.5% |
| Suppliers | 440/4 | €7,911 | €4,862 | -€3,050 | -38.5% |
| Taxes, remuneration and social security | 45 | €9,668 | €15,162 | +€5,494 | +56.8% |
| Taxes | 450/3 | €3,876 | €8,507 | +€4,631 | +119.5% |
| Remuneration and social security | 454/9 | €5,791 | €6,655 | +€863 | +14.9% |
| Other amounts payable | 47/48 | €13,763 | €2,763 | -€11,000 | -79.9% |
| Turnover | 70 | €197,814 | - | -€197,814 | |
| Goods, raw materials, services and sundry goods | 60/61 | €108,701 | - | -€108,701 | |
| Remuneration, social security and pensions | 62 | €52,571 | €63,288 | +€10,717 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,351 | €9,959 | -€392 | -3.8% |
| Other operating charges | 640/8 | €7,979 | €21,919 | +€13,940 | +174.7% |
| Non-recurring operating charges | 66A | €4,537 | - | -€4,537 | |
| Gross operating margin | 9900 | €91,985 | €105,813 | +€13,828 | +15.0% |
| Operating profit (loss) | 9901 | €16,547 | €10,646 | -€5,900 | -35.7% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €2,970 | €628 | -€2,342 | -78.8% |
| Recurring financial charges | 65 | €2,970 | €628 | -€2,342 | -78.8% |
| Profit (loss) for the period before taxes | 9903 | €13,577 | €10,024 | -€3,553 | -26.2% |
| Income taxes | 67/77 | €6,276 | €25,965 | +€19,689 | +313.7% |
| Profit (loss) for the period | 9904 | €7,301 | -€15,941 | -€23,241 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,301 | -€15,941 | -€23,241 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.