MALTING POT: 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.
MALTING POT
Largest movements
- Tangible fixed assets -€3,865
down €3,865 (-66.7%), from €5,797 to €1,932
- Stocks and contracts +€797
up €797 (+11.3%), from €7,036 to €7,834
- Profit (loss) carried forward -€4,266
down €4,266 (-12.9%), from €33,026 to €28,759
- Tax, wage and social debts +€1,904
up €1,904 (+54.8%), from €3,474 to €5,378
of which Remuneration and social security: +€2,400
- Debts after one year -€1,179
no longer reported in 2025 (was €1,179)
- Trade debts +€1,169
up €1,169 (+16.2%), from €7,201 to €8,371
- Current portion of long-term debt -€1,144
down €1,144 (-49.3%), from €2,323 to €1,179
- Gross operating margin -€2,941
down €2,941 (-75.8%), from €3,881 to €940
- Other operating charges +€139
up €139 (+40.2%), from €345 to €483
- Financial charges -€91
down €91 (-9.4%), from €965 to €874
- Depreciation -€65
down €65 (-1.6%), from €3,929 to €3,865
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 | €75,405 | €71,196 | -€4,210 | -5.6% |
| Fixed assets | 21/28 | €7,972 | €4,123 | -€3,849 | -48.3% |
| Tangible fixed assets | 22/27 | €5,797 | €1,932 | -€3,865 | -66.7% |
| Furniture and vehicles | 24 | €5,797 | €1,932 | -€3,865 | -66.7% |
| Financial fixed assets | 28 | €2,175 | €2,191 | +€16 | +0.7% |
| Current assets | 29/58 | €67,433 | €67,072 | -€361 | -0.5% |
| Stocks and contracts in progress | 3 | €7,036 | €7,834 | +€797 | +11.3% |
| Stocks | 30/36 | €7,036 | €7,834 | +€797 | +11.3% |
| Amounts receivable within one year | 40/41 | €2,043 | €1,442 | -€601 | -29.4% |
| Trade receivables | 40 | €2,043 | €1,442 | -€601 | -29.4% |
| Cash at bank and in hand | 54/58 | €58,052 | €57,620 | -€431 | -0.7% |
| Deferred charges and accrued income | 490/1 | €303 | €177 | -€126 | -41.5% |
| Total equity and liabilities | 10/49 | €75,405 | €71,196 | -€4,210 | -5.6% |
| Equity | 10/15 | €53,431 | €49,164 | -€4,266 | -8.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,026 | €28,759 | -€4,266 | -12.9% |
| Amounts payable | 17/49 | €21,975 | €22,031 | +€57 | +0.3% |
| Amounts payable after more than one year | 17 | €1,179 | - | -€1,179 | |
| Financial debts | 170/4 | €1,179 | - | -€1,179 | |
| Amounts payable within one year | 42/48 | €20,796 | €22,031 | +€1,235 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €2,323 | €1,179 | -€1,144 | -49.3% |
| Trade debts | 44 | €7,201 | €8,371 | +€1,169 | +16.2% |
| Suppliers | 440/4 | €7,201 | €8,371 | +€1,169 | +16.2% |
| Taxes, remuneration and social security | 45 | €3,474 | €5,378 | +€1,904 | +54.8% |
| Taxes | 450/3 | €3,474 | €2,978 | -€496 | -14.3% |
| Remuneration and social security | 454/9 | - | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €7,798 | €7,104 | -€694 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,929 | €3,865 | -€65 | -1.6% |
| Other operating charges | 640/8 | €345 | €483 | +€139 | +40.2% |
| Gross operating margin | 9900 | €3,881 | €940 | -€2,941 | -75.8% |
| Operating profit (loss) | 9901 | -€393 | -€3,408 | -€3,015 | -768% |
| Financial income | 75/76B | €15 | €19 | +€3 | +22.8% |
| Recurring financial income | 75 | €15 | €19 | +€3 | +22.8% |
| Financial charges | 65/66B | €965 | €874 | -€91 | -9.4% |
| Recurring financial charges | 65 | €965 | €874 | -€91 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,343 | -€4,263 | -€2,921 | -218% |
| Income taxes | 67/77 | €2 | €3 | +€1 | +22.9% |
| Profit (loss) for the period | 9904 | -€1,345 | -€4,266 | -€2,921 | -217% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,345 | -€4,266 | -€2,921 | -217% |
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 18 October 2026 via checked.be.