MALOTAUX SRL: 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.
MALOTAUX SRL
Largest movements
- Stocks and contracts +€135,764
up €135,764 (+79.7%), from €170,338 to €306,102
- Deferred charges and accrued income -€121,996
down €121,996 (-97.1%), from €125,589 to €3,593
- Tangible fixed assets +€17,786
up €17,786 (+21.1%), from €84,109 to €101,895
of which Furniture and vehicles: +€33,104
- Cash -€12,855
down €12,855 (-11.1%), from €115,988 to €103,133
mainly Stocks and contracts (-€135,764) and Trade debts (-€83,335)
- Receivables within one year +€10,878
up €10,878 (+21.4%), from €50,918 to €61,797
of which Other amounts receivable: +€23,815
- Trade debts -€83,335
down €83,335 (-71.4%), from €116,654 to €33,318
- Debts after one year +€74,128
new in 2025: €74,128
- Profit (loss) carried forward +€61,595
up €61,595 (+62.2%), from €99,016 to €160,611
- Current portion of long-term debt -€15,361
down €15,361 (-39.8%), from €38,637 to €23,277
- Staff costs +€27,209
new in 2025: €27,209
- Depreciation +€14,680
up €14,680 (+104%), from €14,062 to €28,742
- Taxes -€11,546
down €11,546 (-45.3%), from €25,515 to €13,968
- Financial charges +€3,560
up €3,560 (+246%), from €1,448 to €5,008
- Gross operating margin -€3,205
down €3,205 (-2.3%), from €141,207 to €138,003
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.
Derived cash bridge
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 | €546,942 | €576,520 | +€29,578 | +5.4% |
| Fixed assets | 21/28 | €84,109 | €101,895 | +€17,786 | +21.1% |
| Tangible fixed assets | 22/27 | €84,109 | €101,895 | +€17,786 | +21.1% |
| Plant, machinery and equipment | 23 | €69,918 | €56,395 | -€13,523 | -19.3% |
| Furniture and vehicles | 24 | €9,852 | €42,957 | +€33,104 | +336% |
| Other tangible fixed assets | 26 | €4,338 | €2,543 | -€1,795 | -41.4% |
| Current assets | 29/58 | €462,833 | €474,625 | +€11,792 | +2.5% |
| Stocks and contracts in progress | 3 | €170,338 | €306,102 | +€135,764 | +79.7% |
| Stocks | 30/36 | €170,338 | €306,102 | +€135,764 | +79.7% |
| Amounts receivable within one year | 40/41 | €50,918 | €61,797 | +€10,878 | +21.4% |
| Trade receivables | 40 | €45,391 | €32,454 | -€12,937 | -28.5% |
| Other amounts receivable | 41 | €5,527 | €29,342 | +€23,815 | +431% |
| Cash at bank and in hand | 54/58 | €115,988 | €103,133 | -€12,855 | -11.1% |
| Deferred charges and accrued income | 490/1 | €125,589 | €3,593 | -€121,996 | -97.1% |
| Total equity and liabilities | 10/49 | €546,942 | €576,520 | +€29,578 | +5.4% |
| Equity | 10/15 | €102,016 | €163,611 | +€61,595 | +60.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,016 | €160,611 | +€61,595 | +62.2% |
| Amounts payable | 17/49 | €444,926 | €412,908 | -€32,017 | -7.2% |
| Amounts payable after more than one year | 17 | - | €74,128 | +€74,128 | |
| Financial debts | 170/4 | - | €74,128 | +€74,128 | |
| Amounts payable within one year | 42/48 | €444,926 | €338,780 | -€106,146 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €38,637 | €23,277 | -€15,361 | -39.8% |
| Trade debts | 44 | €116,654 | €33,318 | -€83,335 | -71.4% |
| Suppliers | 440/4 | €116,654 | €33,318 | -€83,335 | -71.4% |
| Taxes, remuneration and social security | 45 | €22,041 | €19,927 | -€2,114 | -9.6% |
| Taxes | 450/3 | €22,041 | €8,413 | -€13,628 | -61.8% |
| Remuneration and social security | 454/9 | - | €11,514 | +€11,514 | |
| Other amounts payable | 47/48 | €267,594 | €262,258 | -€5,336 | -2.0% |
| Remuneration, social security and pensions | 62 | - | €27,209 | +€27,209 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,062 | €28,742 | +€14,680 | +104% |
| Other operating charges | 640/8 | €1,169 | €1,484 | +€315 | +27.0% |
| Gross operating margin | 9900 | €141,207 | €138,003 | -€3,205 | -2.3% |
| Operating profit (loss) | 9901 | €125,977 | €80,567 | -€45,410 | -36.0% |
| Financial income | 75/76B | €2 | €4 | +€2 | +123% |
| Recurring financial income | 75 | €2 | €4 | +€2 | +123% |
| Financial charges | 65/66B | €1,448 | €5,008 | +€3,560 | +246% |
| Recurring financial charges | 65 | €1,448 | €5,008 | +€3,560 | +246% |
| Profit (loss) for the period before taxes | 9903 | €124,531 | €75,563 | -€48,967 | -39.3% |
| Income taxes | 67/77 | €25,515 | €13,968 | -€11,546 | -45.3% |
| Profit (loss) for the period | 9904 | €99,016 | €61,595 | -€37,421 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €99,016 | €61,595 | -€37,421 | -37.8% |
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 24 October 2026 via checked.be.