"MaloPico": 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.
"MaloPico"
Largest movements
- Tangible fixed assets -€21,360
down €21,360 (-10.0%), from €212,851 to €191,490
- Cash -€2,696
down €2,696 (-92.0%), from €2,929 to €234
mainly Other debts (-€11,774) and Debts after one year (-€9,421)
- Other debts -€11,774
down €11,774 (-8.3%), from €141,585 to €129,811
- Debts after one year -€9,421
down €9,421 (-6.2%), from €153,143 to €143,721
- Gross operating margin +€646
up €646 (+2.9%), from €22,573 to €23,219
- Depreciation +€343
up €343 (+1.6%), from €21,017 to €21,360
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 | €215,921 | €191,906 | -€24,014 | -11.1% |
| Fixed assets | 21/28 | €212,851 | €191,490 | -€21,360 | -10.0% |
| Tangible fixed assets | 22/27 | €212,851 | €191,490 | -€21,360 | -10.0% |
| Land and buildings | 22 | €212,851 | €191,490 | -€21,360 | -10.0% |
| Current assets | 29/58 | €3,070 | €416 | -€2,654 | -86.4% |
| Cash at bank and in hand | 54/58 | €2,929 | €234 | -€2,696 | -92.0% |
| Deferred charges and accrued income | 490/1 | €141 | €183 | +€42 | +29.5% |
| Total equity and liabilities | 10/49 | €215,921 | €191,906 | -€24,014 | -11.1% |
| Equity | 10/15 | -€89,193 | -€91,309 | -€2,116 | -2.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,693 | -€93,809 | -€2,116 | -2.3% |
| Amounts payable | 17/49 | €305,113 | €283,215 | -€21,898 | -7.2% |
| Amounts payable after more than one year | 17 | €153,143 | €143,721 | -€9,421 | -6.2% |
| Financial debts | 170/4 | €153,143 | €143,721 | -€9,421 | -6.2% |
| Amounts payable within one year | 42/48 | €151,971 | €139,494 | -€12,477 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €9,307 | €9,421 | +€114 | +1.2% |
| Trade debts | 44 | €1,078 | €262 | -€817 | -75.7% |
| Suppliers | 440/4 | €1,078 | €262 | -€817 | -75.7% |
| Other amounts payable | 47/48 | €141,585 | €129,811 | -€11,774 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,017 | €21,360 | +€343 | +1.6% |
| Other operating charges | 640/8 | €1,655 | €1,807 | +€152 | +9.2% |
| Gross operating margin | 9900 | €22,573 | €23,219 | +€646 | +2.9% |
| Operating profit (loss) | 9901 | -€99 | €51 | +€151 | |
| Financial charges | 65/66B | €2,212 | €2,167 | -€45 | -2.0% |
| Recurring financial charges | 65 | €2,212 | €2,167 | -€45 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,311 | -€2,116 | +€196 | +8.5% |
| Profit (loss) for the period | 9904 | -€2,311 | -€2,116 | +€196 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,311 | -€2,116 | +€196 | +8.5% |
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 2 October 2026 via checked.be.