MALOS: 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.
MALOS
Largest movements
- Cash +€11,511
up €11,511 (+217.9%), from €5,282 to €16,793
mainly Other debts (+€23,843) and Tax, wage and social debts (+€6,172)
- Intangible fixed assets -€3,500
down €3,500 (-20.0%), from €17,500 to €14,000
- Tangible fixed assets +€1,263
up €1,263 (+27.4%), from €4,607 to €5,870
of which Plant, machinery and equipment: +€2,812
- Other debts +€23,843
up €23,843 (+63.2%), from €37,728 to €61,570
- Profit (loss) carried forward -€13,533
down €13,533 (-86.8%), from -€15,594 to -€29,128
- Trade debts -€6,874
down €6,874 (-63.0%), from €10,919 to €4,045
- Tax, wage and social debts +€6,172
up €6,172 (+294.5%), from €2,095 to €8,267
of which Remuneration and social security: +€4,434
- Turnover +€53,654
up €53,654 (+55.9%), from €95,946 to €149,599
- Purchases and services +€31,255
up €31,255 (+34.9%), from €89,505 to €120,760
- Staff costs +€24,009
up €24,009 (+695.9%), from €3,450 to €27,459
- Gross operating margin +€22,399
up €22,399 (+327.5%), from €6,840 to €29,240
- Other operating charges -€3,346
down €3,346 (-28.1%), from €11,916 to €8,570
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 | €35,149 | €44,755 | +€9,606 | +27.3% |
| Fixed assets | 21/28 | €25,307 | €23,070 | -€2,237 | -8.8% |
| Intangible fixed assets | 21 | €17,500 | €14,000 | -€3,500 | -20.0% |
| Tangible fixed assets | 22/27 | €4,607 | €5,870 | +€1,263 | +27.4% |
| Plant, machinery and equipment | 23 | €668 | €3,480 | +€2,812 | +420.6% |
| Furniture and vehicles | 24 | €3,939 | €2,390 | -€1,549 | -39.3% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €9,842 | €21,685 | +€11,844 | +120.3% |
| Stocks and contracts in progress | 3 | €2,372 | €2,657 | +€286 | +12.0% |
| Stocks | 30/36 | €2,372 | €2,657 | +€286 | +12.0% |
| Amounts receivable within one year | 40/41 | €2,188 | €2,235 | +€47 | +2.2% |
| Other amounts receivable | 41 | €2,188 | €2,235 | +€47 | +2.2% |
| Cash at bank and in hand | 54/58 | €5,282 | €16,793 | +€11,511 | +217.9% |
| Total equity and liabilities | 10/49 | €35,149 | €44,755 | +€9,606 | +27.3% |
| Equity | 10/15 | -€15,593 | -€29,127 | -€13,533 | -86.8% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Capital | 10 | €1 | €1 | = | 0.0% |
| Issued capital | 100 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,594 | -€29,128 | -€13,533 | -86.8% |
| Amounts payable | 17/49 | €50,742 | €73,882 | +€23,140 | +45.6% |
| Amounts payable within one year | 42/48 | €50,742 | €73,882 | +€23,140 | +45.6% |
| Trade debts | 44 | €10,919 | €4,045 | -€6,874 | -63.0% |
| Suppliers | 440/4 | €10,919 | €4,045 | -€6,874 | -63.0% |
| Taxes, remuneration and social security | 45 | €2,095 | €8,267 | +€6,172 | +294.5% |
| Taxes | 450/3 | €1,154 | €2,892 | +€1,738 | +150.6% |
| Remuneration and social security | 454/9 | €942 | €5,375 | +€4,434 | +470.9% |
| Other amounts payable | 47/48 | €37,728 | €61,570 | +€23,843 | +63.2% |
| Turnover | 70 | €95,946 | €149,599 | +€53,654 | +55.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €89,505 | €120,760 | +€31,255 | +34.9% |
| Remuneration, social security and pensions | 62 | €3,450 | €27,459 | +€24,009 | +695.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,089 | €5,747 | -€341 | -5.6% |
| Other operating charges | 640/8 | €11,916 | €8,570 | -€3,346 | -28.1% |
| Gross operating margin | 9900 | €6,840 | €29,240 | +€22,399 | +327.5% |
| Operating profit (loss) | 9901 | -€14,614 | -€12,537 | +€2,077 | +14.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,519 | €997 | -€522 | -34.4% |
| Recurring financial charges | 65 | €1,519 | €997 | -€522 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,133 | -€13,533 | +€2,599 | +16.1% |
| Profit (loss) for the period | 9904 | -€16,133 | -€13,533 | +€2,599 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,133 | -€13,533 | +€2,599 | +16.1% |
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 10 October 2026 via checked.be.