MALYA: 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.
MALYA
Largest movements
- Tangible fixed assets -€33,281
down €33,281 (-7.2%), from €461,252 to €427,971
of which Land and buildings: -€20,186
- Cash +€26,834
up €26,834 (+11.2%), from €239,925 to €266,759
mainly Net result for the year (+€79,952) and Depreciation (+€34,409)
- Receivables within one year +€26,794
up €26,794 (+168.6%), from €15,893 to €42,687
of which Trade receivables: +€26,801
- Reserves +€46,085
up €46,085 (+12.2%), from €378,660 to €424,745
- Debts after one year -€29,831
down €29,831 (-11.6%), from €256,890 to €227,059
- Tax, wage and social debts +€10,366
up €10,366 (+52.3%), from €19,836 to €30,202
of which Taxes: +€8,366
- Other debts -€10,091
down €10,091 (-72.6%), from €13,905 to €3,815
- Gross operating margin +€37,649
up €37,649 (+25.8%), from €145,861 to €183,510
- Turnover +€33,121
up €33,121 (+18.2%), from €181,975 to €215,097
- Other operating charges +€11,563
up €11,563 (+285.7%), from €4,047 to €15,610
- Taxes +€9,114
up €9,114 (+28.2%), from €32,263 to €41,378
- Purchases and services +€5,971
up €5,971 (+10.1%), from €59,198 to €65,169
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €717,284 | €738,591 | +€21,308 | +3.0% |
| Fixed assets | 21/28 | €461,252 | €427,971 | -€33,281 | -7.2% |
| Tangible fixed assets | 22/27 | €461,252 | €427,971 | -€33,281 | -7.2% |
| Land and buildings | 22 | €448,156 | €427,971 | -€20,186 | -4.5% |
| Furniture and vehicles | 24 | €13,095 | - | -€13,095 | |
| Current assets | 29/58 | €256,032 | €310,621 | +€54,589 | +21.3% |
| Amounts receivable within one year | 40/41 | €15,893 | €42,687 | +€26,794 | +168.6% |
| Trade receivables | 40 | €15,886 | €42,687 | +€26,801 | +168.7% |
| Other amounts receivable | 41 | €7 | - | -€7 | |
| Cash at bank and in hand | 54/58 | €239,925 | €266,759 | +€26,834 | +11.2% |
| Deferred charges and accrued income | 490/1 | €214 | €1,175 | +€961 | +448.4% |
| Total equity and liabilities | 10/49 | €717,284 | €738,591 | +€21,308 | +3.0% |
| Equity | 10/15 | €397,706 | €443,793 | +€46,087 | +11.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €378,660 | €424,745 | +€46,085 | +12.2% |
| Distributable reserves | 133 | €378,660 | €424,745 | +€46,085 | +12.2% |
| Profit (loss) carried forward | 14 | €446 | €448 | +€2 | +0.5% |
| Amounts payable | 17/49 | €319,578 | €294,798 | -€24,779 | -7.8% |
| Amounts payable after more than one year | 17 | €256,890 | €227,059 | -€29,831 | -11.6% |
| Financial debts | 170/4 | €256,890 | €227,059 | -€29,831 | -11.6% |
| Amounts payable within one year | 42/48 | €62,688 | €67,739 | +€5,051 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €28,514 | €32,256 | +€3,742 | +13.1% |
| Trade debts | 44 | €432 | €1,465 | +€1,033 | +239.2% |
| Suppliers | 440/4 | €432 | €1,465 | +€1,033 | +239.2% |
| Taxes, remuneration and social security | 45 | €19,836 | €30,202 | +€10,366 | +52.3% |
| Taxes | 450/3 | €19,836 | €28,202 | +€8,366 | +42.2% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €13,905 | €3,815 | -€10,091 | -72.6% |
| Turnover | 70 | €181,975 | €215,097 | +€33,121 | +18.2% |
| Non-recurring operating income | 76A | €23,084 | €33,582 | +€10,499 | +45.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €59,198 | €65,169 | +€5,971 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,395 | €34,409 | +€13 | 0.0% |
| Other operating charges | 640/8 | €4,047 | €15,610 | +€11,563 | +285.7% |
| Gross operating margin | 9900 | €145,861 | €183,510 | +€37,649 | +25.8% |
| Operating profit (loss) | 9901 | €107,419 | €133,492 | +€26,073 | +24.3% |
| Financial income | 75/76B | €2,015 | €132 | -€1,883 | -93.4% |
| Recurring financial income | 75 | €2,015 | €132 | -€1,883 | -93.4% |
| Financial charges | 65/66B | €13,780 | €12,294 | -€1,486 | -10.8% |
| Recurring financial charges | 65 | €13,780 | €12,294 | -€1,486 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €95,653 | €121,330 | +€25,676 | +26.8% |
| Income taxes | 67/77 | €32,263 | €41,378 | +€9,114 | +28.2% |
| Profit (loss) for the period | 9904 | €63,390 | €79,952 | +€16,562 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,390 | €79,952 | +€16,562 | +26.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.