MALQUI: 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.
MALQUI
Largest movements
- Tangible fixed assets -€21,112
down €21,112 (-6.6%), from €321,362 to €300,250
of which Furniture and vehicles: -€10,910
- Cash +€5,101
up €5,101 (+11.2%), from €45,359 to €50,460
mainly Depreciation (+€21,112) and Receivables within one year (+€3,354)
- Profit (loss) carried forward -€6,322
down €6,322 (-10.4%), from -€61,074 to -€67,396
- Debts after one year -€5,900
down €5,900 (-14.4%), from €40,908 to €35,008
- Other debts -€5,025
down €5,025 (-1.4%), from €354,152 to €349,126
- Gross operating margin +€2,661
up €2,661 (+16.3%), from €16,284 to €18,945
- Depreciation -€1,237
down €1,237 (-5.5%), from €22,349 to €21,112
- Other operating charges +€746
up €746 (+29.9%), from €2,496 to €3,242
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 | €370,324 | €350,960 | -€19,365 | -5.2% |
| Fixed assets | 21/28 | €321,362 | €300,250 | -€21,112 | -6.6% |
| Tangible fixed assets | 22/27 | €321,362 | €300,250 | -€21,112 | -6.6% |
| Land and buildings | 22 | €295,049 | €284,989 | -€10,060 | -3.4% |
| Furniture and vehicles | 24 | €25,257 | €14,348 | -€10,910 | -43.2% |
| Other tangible fixed assets | 26 | €1,056 | €913 | -€142 | -13.5% |
| Current assets | 29/58 | €48,962 | €50,710 | +€1,747 | +3.6% |
| Amounts receivable within one year | 40/41 | €3,603 | €249 | -€3,354 | -93.1% |
| Trade receivables | 40 | €3,237 | €185 | -€3,051 | -94.3% |
| Other amounts receivable | 41 | €366 | €64 | -€302 | -82.5% |
| Cash at bank and in hand | 54/58 | €45,359 | €50,460 | +€5,101 | +11.2% |
| Total equity and liabilities | 10/49 | €370,324 | €350,960 | -€19,365 | -5.2% |
| Equity | 10/15 | -€36,074 | -€42,396 | -€6,322 | -17.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,074 | -€67,396 | -€6,322 | -10.4% |
| Amounts payable | 17/49 | €406,398 | €393,355 | -€13,043 | -3.2% |
| Amounts payable after more than one year | 17 | €40,908 | €35,008 | -€5,900 | -14.4% |
| Financial debts | 170/4 | €40,908 | €35,008 | -€5,900 | -14.4% |
| Amounts payable within one year | 42/48 | €365,490 | €358,347 | -€7,143 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €5,820 | €5,900 | +€80 | +1.4% |
| Trade debts | 44 | €4,474 | €1,881 | -€2,593 | -58.0% |
| Suppliers | 440/4 | €4,474 | €1,881 | -€2,593 | -58.0% |
| Taxes, remuneration and social security | 45 | €1,045 | €1,440 | +€395 | +37.7% |
| Taxes | 450/3 | €1,045 | €1,440 | +€395 | +37.7% |
| Other amounts payable | 47/48 | €354,152 | €349,126 | -€5,025 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,349 | €21,112 | -€1,237 | -5.5% |
| Other operating charges | 640/8 | €2,496 | €3,242 | +€746 | +29.9% |
| Gross operating margin | 9900 | €16,284 | €18,945 | +€2,661 | +16.3% |
| Operating profit (loss) | 9901 | -€8,561 | -€5,409 | +€3,152 | +36.8% |
| Financial income | 75/76B | €125 | €300 | +€176 | +141% |
| Recurring financial income | 75 | €125 | €300 | +€176 | +141% |
| Financial charges | 65/66B | €889 | €828 | -€62 | -6.9% |
| Recurring financial charges | 65 | €889 | €828 | -€62 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,326 | -€5,936 | +€3,389 | +36.3% |
| Income taxes | 67/77 | €446 | €385 | -€60 | -13.5% |
| Profit (loss) for the period | 9904 | -€9,771 | -€6,322 | +€3,450 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,771 | -€6,322 | +€3,450 | +35.3% |
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 17 October 2026 via checked.be.