MALVAUX CONSULTING: 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.
MALVAUX CONSULTING
Largest movements
- Receivables within one year -€118,048
down €118,048 (-47.6%), from €248,017 to €129,969
of which Trade receivables: -€73,704
- Cash +€59,510
up €59,510 (+1,105%), from €5,384 to €64,894
mainly Receivables within one year (+€118,048) and Trade debts (+€45,346)
- Tangible fixed assets +€31,922
up €31,922 (+316%), from €10,110 to €42,031
of which Furniture and vehicles: +€36,149
- Trade debts +€45,346
up €45,346 (+49.6%), from €91,395 to €136,741
- Profit (loss) carried forward -€32,194
down €32,194 (-20.5%), from €157,411 to €125,217
- Short-term financial debts -€25,000
no longer reported in 2024 (was €25,000)
- Tax, wage and social debts -€23,158
down €23,158 (-75.9%), from €30,518 to €7,360
of which Taxes: -€23,158
- Advances received +€8,325
new in 2024: €8,325
- Gross operating margin -€42,533
down €42,533, from €25,190 to -€17,343
- Financial income -€7,719
down €7,719 (-86.7%), from €8,903 to €1,183
- Other operating charges -€4,784
down €4,784 (-83.5%), from €5,729 to €944
- Taxes -€3,240
down €3,240 (-57.3%), from €5,657 to €2,417
- Financial charges -€1,362
down €1,362 (-41.7%), from €3,262 to €1,900
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.
Derived cash bridge
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 | €321,053 | €294,371 | -€26,681 | -8.3% |
| Fixed assets | 21/28 | €10,110 | €42,031 | +€31,922 | +316% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €10,110 | €42,031 | +€31,922 | +316% |
| Plant, machinery and equipment | 23 | €6,247 | €2,019 | -€4,228 | -67.7% |
| Furniture and vehicles | 24 | €3,863 | €40,012 | +€36,149 | +936% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €310,943 | €252,340 | -€58,603 | -18.8% |
| Stocks and contracts in progress | 3 | €54,900 | €54,900 | = | 0.0% |
| Stocks | 30/36 | €54,900 | €54,900 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €248,017 | €129,969 | -€118,048 | -47.6% |
| Trade receivables | 40 | €122,324 | €48,619 | -€73,704 | -60.3% |
| Other amounts receivable | 41 | €125,694 | €81,350 | -€44,344 | -35.3% |
| Cash at bank and in hand | 54/58 | €5,384 | €64,894 | +€59,510 | +1,105% |
| Deferred charges and accrued income | 490/1 | €2,642 | €2,577 | -€65 | -2.5% |
| Total equity and liabilities | 10/49 | €321,053 | €294,371 | -€26,681 | -8.3% |
| Equity | 10/15 | €174,139 | €141,945 | -€32,194 | -18.5% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €10,523 | €10,523 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,663 | €8,663 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,411 | €125,217 | -€32,194 | -20.5% |
| Amounts payable | 17/49 | €146,913 | €152,426 | +€5,512 | +3.8% |
| Amounts payable within one year | 42/48 | €146,913 | €152,426 | +€5,512 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €25,000 | - | -€25,000 | |
| Credit institutions | 430/8 | €25,000 | - | -€25,000 | |
| Trade debts | 44 | €91,395 | €136,741 | +€45,346 | +49.6% |
| Suppliers | 440/4 | €91,395 | €136,741 | +€45,346 | +49.6% |
| Advances received on contracts in progress | 46 | - | €8,325 | +€8,325 | |
| Taxes, remuneration and social security | 45 | €30,518 | €7,360 | -€23,158 | -75.9% |
| Taxes | 450/3 | €30,518 | €7,360 | -€23,158 | -75.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,783 | €10,773 | -€9 | -0.1% |
| Other operating charges | 640/8 | €5,729 | €944 | -€4,784 | -83.5% |
| Gross operating margin | 9900 | €25,190 | -€17,343 | -€42,533 | |
| Operating profit (loss) | 9901 | €8,679 | -€29,060 | -€37,740 | |
| Financial income | 75/76B | €8,903 | €1,183 | -€7,719 | -86.7% |
| Recurring financial income | 75 | €8,903 | €1,183 | -€7,719 | -86.7% |
| Financial charges | 65/66B | €3,262 | €1,900 | -€1,362 | -41.7% |
| Recurring financial charges | 65 | €3,262 | €1,900 | -€1,362 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €14,320 | -€29,777 | -€44,097 | |
| Income taxes | 67/77 | €5,657 | €2,417 | -€3,240 | -57.3% |
| Profit (loss) for the period | 9904 | €8,663 | -€32,194 | -€40,857 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,663 | -€32,194 | -€40,857 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.