MALYCON: 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.
MALYCON
Largest movements
- Tangible fixed assets +€72,792
up €72,792 (+10.1%), from €722,917 to €795,709
of which Land and buildings: +€86,002
- Receivables within one year -€48,161
down €48,161 (-14.0%), from €343,196 to €295,035
of which Other amounts receivable: -€43,688
- Other debts +€53,709
up €53,709 (+6.3%), from €856,141 to €909,850
- Reserves -€16,187
down €16,187 (-12.2%), from €132,926 to €116,739
of which Distributable reserves: -€11,383
- Gross operating margin +€23,207
up €23,207 (+32.0%), from €72,546 to €95,753
- Depreciation +€16,582
up €16,582 (+76.1%), from €21,787 to €38,369
- Staff costs +€12,445
up €12,445 (+19.3%), from €64,480 to €76,926
- Financial charges +€1,246
up €1,246 (+155.3%), from €803 to €2,049
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.
Cash bridge derived
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 | €1,078,390 | €1,110,093 | +€31,703 | +2.9% |
| Fixed assets | 21/28 | €722,917 | €795,709 | +€72,792 | +10.1% |
| Tangible fixed assets | 22/27 | €722,917 | €795,709 | +€72,792 | +10.1% |
| Land and buildings | 22 | €659,982 | €745,983 | +€86,002 | +13.0% |
| Furniture and vehicles | 24 | €62,936 | €49,726 | -€13,210 | -21.0% |
| Current assets | 29/58 | €355,473 | €314,384 | -€41,089 | -11.6% |
| Amounts receivable within one year | 40/41 | €343,196 | €295,035 | -€48,161 | -14.0% |
| Trade receivables | 40 | €11,041 | €6,567 | -€4,473 | -40.5% |
| Other amounts receivable | 41 | €332,156 | €288,468 | -€43,688 | -13.2% |
| Cash at bank and in hand | 54/58 | €9,207 | €15,664 | +€6,457 | +70.1% |
| Deferred charges and accrued income | 490/1 | €3,069 | €3,685 | +€615 | +20.0% |
| Total equity and liabilities | 10/49 | €1,078,390 | €1,110,093 | +€31,703 | +2.9% |
| Equity | 10/15 | €139,126 | €116,457 | -€22,669 | -16.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €132,926 | €116,739 | -€16,187 | -12.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €119,683 | €114,879 | -€4,805 | -4.0% |
| Distributable reserves | 133 | €11,383 | €0 | -€11,383 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€6,482 | -€6,482 | |
| Provisions and deferred taxes | 16 | €27,104 | €25,502 | -€1,602 | -5.9% |
| Deferred taxes | 168 | €27,104 | €25,502 | -€1,602 | -5.9% |
| Amounts payable | 17/49 | €912,160 | €968,134 | +€55,973 | +6.1% |
| Amounts payable after more than one year | 17 | €36,080 | €27,198 | -€8,882 | -24.6% |
| Financial debts | 170/4 | €36,080 | €27,198 | -€8,882 | -24.6% |
| Amounts payable within one year | 42/48 | €876,080 | €940,935 | +€64,855 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €8,531 | €8,882 | +€351 | +4.1% |
| Trade debts | 44 | €11,256 | €17,784 | +€6,528 | +58.0% |
| Suppliers | 440/4 | €11,256 | €17,784 | +€6,528 | +58.0% |
| Taxes, remuneration and social security | 45 | €152 | €4,420 | +€4,268 | +2811.6% |
| Taxes | 450/3 | €152 | €4,420 | +€4,268 | +2811.6% |
| Other amounts payable | 47/48 | €856,141 | €909,850 | +€53,709 | +6.3% |
| Remuneration, social security and pensions | 62 | €64,480 | €76,926 | +€12,445 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,787 | €38,369 | +€16,582 | +76.1% |
| Other operating charges | 640/8 | €3,070 | €2,532 | -€538 | -17.5% |
| Non-recurring operating charges | 66A | €1,470 | €0 | -€1,470 | -100.0% |
| Gross operating margin | 9900 | €72,546 | €95,753 | +€23,207 | +32.0% |
| Operating profit (loss) | 9901 | -€18,261 | -€22,074 | -€3,812 | -20.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €803 | €2,049 | +€1,246 | +155.3% |
| Recurring financial charges | 65 | €803 | €2,049 | +€1,246 | +155.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,064 | -€24,123 | -€5,059 | -26.5% |
| Transfer from deferred taxes | 780 | €1,602 | €1,602 | = | 0.0% |
| Income taxes | 67/77 | €152 | €148 | -€4 | -2.7% |
| Profit (loss) for the period | 9904 | -€17,614 | -€22,669 | -€5,055 | -28.7% |
| Transfer from tax-exempt reserves | 789 | €4,805 | €4,805 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,810 | -€17,864 | -€5,055 | -39.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.