MALY TOURS: 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.
MALY TOURS
Largest movements
- Cash +€93,198
up €93,198 (+77.0%), from €121,013 to €214,211
mainly Net result for the year (+€72,949) and Depreciation (+€36,307)
- Tangible fixed assets -€36,307
down €36,307 (-44.3%), from €81,936 to €45,629
of which Land and buildings: -€29,796
- Receivables within one year -€21,236
down €21,236 (-25.6%), from €82,999 to €61,763
- Reserves +€72,949
up €72,949 (+38.3%), from €190,549 to €263,498
- Debts after one year -€30,645
down €30,645 (-47.6%), from €64,375 to €33,730
- Accrued charges and deferred income +€21,634
up €21,634 (+9,716%), from €223 to €21,857
- Trade debts -€11,364
down €11,364 (-95.0%), from €11,967 to €603
- Tax, wage and social debts -€10,283
down €10,283 (-25.0%), from €41,152 to €30,869
of which Taxes: -€11,992
- Gross operating margin +€73,084
up €73,084 (+40.7%), from €179,522 to €252,606
- Taxes +€23,552
up €23,552 (+649%), from €3,628 to €27,180
- Staff costs -€12,069
down €12,069 (-10.0%), from €120,401 to €108,332
- Financial income +€3,307
up €3,307 (+278%), from €1,188 to €4,495
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 | €361,345 | €400,254 | +€38,909 | +10.8% |
| Fixed assets | 21/28 | €81,936 | €45,629 | -€36,307 | -44.3% |
| Tangible fixed assets | 22/27 | €81,936 | €45,629 | -€36,307 | -44.3% |
| Land and buildings | 22 | €59,592 | €29,796 | -€29,796 | -50.0% |
| Furniture and vehicles | 24 | €951 | €739 | -€211 | -22.2% |
| Other tangible fixed assets | 26 | €21,394 | €15,094 | -€6,300 | -29.4% |
| Current assets | 29/58 | €279,409 | €354,625 | +€75,216 | +26.9% |
| Amounts receivable after more than one year | 29 | €70,350 | €73,164 | +€2,814 | +4.0% |
| Trade receivables | 290 | €70,350 | €73,164 | +€2,814 | +4.0% |
| Amounts receivable within one year | 40/41 | €82,999 | €61,763 | -€21,236 | -25.6% |
| Trade receivables | 40 | €82,999 | €61,763 | -€21,236 | -25.6% |
| Cash at bank and in hand | 54/58 | €121,013 | €214,211 | +€93,198 | +77.0% |
| Deferred charges and accrued income | 490/1 | €5,047 | €5,487 | +€440 | +8.7% |
| Total equity and liabilities | 10/49 | €361,345 | €400,254 | +€38,909 | +10.8% |
| Equity | 10/15 | €209,141 | €282,090 | +€72,949 | +34.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €190,549 | €263,498 | +€72,949 | +38.3% |
| Distributable reserves | 133 | €190,549 | €263,498 | +€72,949 | +38.3% |
| Amounts payable | 17/49 | €152,204 | €118,165 | -€34,039 | -22.4% |
| Amounts payable after more than one year | 17 | €64,375 | €33,730 | -€30,645 | -47.6% |
| Financial debts | 170/4 | €64,375 | €33,730 | -€30,645 | -47.6% |
| Amounts payable within one year | 42/48 | €87,607 | €62,578 | -€25,029 | -28.6% |
| Current portion of amounts payable after more than one year | 42 | €30,181 | €30,645 | +€464 | +1.5% |
| Trade debts | 44 | €11,967 | €603 | -€11,364 | -95.0% |
| Suppliers | 440/4 | €11,967 | €603 | -€11,364 | -95.0% |
| Taxes, remuneration and social security | 45 | €41,152 | €30,869 | -€10,283 | -25.0% |
| Taxes | 450/3 | €26,964 | €14,972 | -€11,992 | -44.5% |
| Remuneration and social security | 454/9 | €14,189 | €15,898 | +€1,709 | +12.0% |
| Other amounts payable | 47/48 | €4,307 | €461 | -€3,845 | -89.3% |
| Accrued charges and deferred income | 492/3 | €223 | €21,857 | +€21,634 | +9,716% |
| Remuneration, social security and pensions | 62 | €120,401 | €108,332 | -€12,069 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,776 | €36,307 | +€532 | +1.5% |
| Other operating charges | 640/8 | €9,639 | €9,806 | +€166 | +1.7% |
| Gross operating margin | 9900 | €179,522 | €252,606 | +€73,084 | +40.7% |
| Operating profit (loss) | 9901 | €13,706 | €98,162 | +€84,455 | +616% |
| Financial income | 75/76B | €1,188 | €4,495 | +€3,307 | +278% |
| Recurring financial income | 75 | €1,188 | €4,495 | +€3,307 | +278% |
| Financial charges | 65/66B | €3,375 | €2,528 | -€848 | -25.1% |
| Recurring financial charges | 65 | €3,375 | €2,528 | -€848 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €11,519 | €100,129 | +€88,610 | +769% |
| Income taxes | 67/77 | €3,628 | €27,180 | +€23,552 | +649% |
| Profit (loss) for the period | 9904 | €7,891 | €72,949 | +€65,058 | +825% |
| Profit (loss) for the period to be appropriated | 9905 | €7,891 | €72,949 | +€65,058 | +825% |
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 27 October 2026 via checked.be.