MALT SOLUTIONS: 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.
MALT SOLUTIONS
Largest movements
- Receivables within one year +€13,111
up €13,111 (+71.3%), from €18,379 to €31,490
of which Trade receivables: +€10,065
- Cash -€4,163
down €4,163 (-23.4%), from €17,770 to €13,608
mainly Receivables within one year (-€13,111) and Current portion of long-term debt (-€4,500)
- Reserves +€15,053
up €15,053 (+106.4%), from €14,145 to €29,198
- Current portion of long-term debt -€4,500
down €4,500 (-37.5%), from €12,000 to €7,500
- Tax, wage and social debts +€3,120
new in 2024: €3,120
- Accrued charges and deferred income -€2,500
down €2,500 (-55.6%), from €4,500 to €2,000
- Trade debts -€2,368
down €2,368 (-78.8%), from €3,006 to €638
- Gross operating margin +€1,683
up €1,683 (+7.8%), from €21,516 to €23,199
- Other operating charges +€373
up €373 (+150.5%), from €248 to €621
- Financial charges +€249
up €249 (+56.4%), from €442 to €691
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,651 | €47,456 | +€8,806 | +22.8% |
| Fixed assets | 21/28 | €1,628 | €1,249 | -€379 | -23.3% |
| Tangible fixed assets | 22/27 | €1,628 | €1,249 | -€379 | -23.3% |
| Plant, machinery and equipment | 23 | €1,628 | €1,249 | -€379 | -23.3% |
| Current assets | 29/58 | €37,023 | €46,207 | +€9,185 | +24.8% |
| Amounts receivable within one year | 40/41 | €18,379 | €31,490 | +€13,111 | +71.3% |
| Trade receivables | 40 | - | €10,065 | +€10,065 | |
| Other amounts receivable | 41 | €18,379 | €21,424 | +€3,046 | +16.6% |
| Cash at bank and in hand | 54/58 | €17,770 | €13,608 | -€4,163 | -23.4% |
| Deferred charges and accrued income | 490/1 | €874 | €1,110 | +€236 | +27.0% |
| Total equity and liabilities | 10/49 | €38,651 | €47,456 | +€8,806 | +22.8% |
| Equity | 10/15 | €19,145 | €34,198 | +€15,053 | +78.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,145 | €29,198 | +€15,053 | +106.4% |
| Distributable reserves | 133 | €14,145 | €29,198 | +€15,053 | +106.4% |
| Amounts payable | 17/49 | €19,506 | €13,258 | -€6,248 | -32.0% |
| Amounts payable within one year | 42/48 | €15,006 | €11,258 | -€3,748 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €7,500 | -€4,500 | -37.5% |
| Trade debts | 44 | €3,006 | €638 | -€2,368 | -78.8% |
| Suppliers | 440/4 | €3,006 | €638 | -€2,368 | -78.8% |
| Taxes, remuneration and social security | 45 | - | €3,120 | +€3,120 | |
| Taxes | 450/3 | - | €3,120 | +€3,120 | |
| Accrued charges and deferred income | 492/3 | €4,500 | €2,000 | -€2,500 | -55.6% |
| Non-recurring operating income | 76A | €1,687 | €0 | -€1,687 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €267 | €379 | +€112 | +42.0% |
| Other operating charges | 640/8 | €248 | €621 | +€373 | +150.5% |
| Gross operating margin | 9900 | €21,516 | €23,199 | +€1,683 | +7.8% |
| Operating profit (loss) | 9901 | €21,001 | €22,199 | +€1,198 | +5.7% |
| Financial income | 75/76B | €1 | €2 | +€1 | +178.0% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +178.0% |
| Financial charges | 65/66B | €442 | €691 | +€249 | +56.4% |
| Recurring financial charges | 65 | €442 | €691 | +€249 | +56.4% |
| Profit (loss) for the period before taxes | 9903 | €20,560 | €21,509 | +€949 | +4.6% |
| Income taxes | 67/77 | €6,415 | €6,456 | +€41 | +0.6% |
| Profit (loss) for the period | 9904 | €14,145 | €15,053 | +€908 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,145 | €15,053 | +€908 | +6.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.