MALYSSE: 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.
What changed
MALYSSE
NACE 96.101, Personal service activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€426,836
2024 · -€3.6m+€4.0m
Equity
-€7.1m
2024 · -€7.2m+€111,951
Cash
€35,892
2024 · €52,984-€17,091
Balance sheet total
€14.5m
2024 · €23.3m-€8.8m
Largest movements
Assets
- Financial fixed assets -€7.2m
down €7.2m (-70.0%), from €10.2m to €3.1m
of which Affiliated companies: -€7.0m
- Tangible fixed assets -€2.0m
down €2.0m (-20.6%), from €9.9m to €7.8m
of which Land and buildings: -€1.2m
- Receivables within one year +€442,196
up €442,196 (+15.1%), from €2.9m to €3.4m
of which Trade receivables: +€427,300
Equity and liabilities
- Debts after one year -€8.6m
down €8.6m (-41.6%), from €20.7m to €12.1m
of which Other amounts payable: -€8.2m
- Profit (loss) carried forward +€426,836
up €426,836 (+4.1%), from -€10.4m to -€10.0m
- Tax, wage and social debts -€406,523
down €406,523 (-24.2%), from €1.7m to €1.3m
of which Remuneration and social security: -€391,717
- Revaluation surpluses -€314,306
no longer reported in 2025 (was €314,306)
Income statement
- Turnover +€1.6m
up €1.6m (+5.8%), from €28.2m to €29.8m
- Other operating income +€1.6m
up €1.6m (+356.9%), from €444,151 to €2.0m
- Services and other goods -€1.2m
down €1.2m (-12.3%), from €9.8m to €8.6m
- Goods and materials +€1.2m
up €1.2m (+10.8%), from €10.8m to €11.9m
of which Purchases: +€1.2m
- Depreciation -€617,243
down €617,243 (-17.7%), from €3.5m to €2.9m
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.
Result 2024
-€3.6m
Turnover
+€1.6m
Other operating income
+€1.6m
Goods and materials
-€1.2m
Services and other goods
+€1.2m
Staff costs
+€332,532
Depreciation
+€617,243
Write-downs
+€7,802
Other operating charges
-€148,117
Other operating items
+€43,676
Financial income
+€134,345
Financial charges
-€249,995
Taxes
+€41
Deferred taxes and other
+€5
Result 2025
€426,836
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.
From operations
+€2.6m
Investment
+€6.3m
Financing
-€8.9m
Cash 2024
€52,984
From operations (derived)
+€2.6m
Net result for the year
+€426,836
Depreciation
+€2.9m
Smaller working-capital items
+€10,763
Receivables within one year
-€442,196
Deferred charges and accrued income
-€21,839
Trade debts
+€138,510
Tax, wage and social debts
-€406,523
Investment (derived)
+€6.3m
Investment in fixed assets (net)
+€6.3m
Financing
-€8.9m
Debts after one year
-€8.6m
Current portion of long-term debt
+€4,826
Contributions, distributions and other
-€314,886
Cash 2025
€35,892
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,263,645 | €14,508,768 | -€8.8m | -37.6% |
| Fixed assets | 21/28 | €20,153,905 | €10,949,642 | -€9.2m | -45.7% |
| Intangible fixed assets | 21 | €30,024 | €39,798 | +€9,774 | +32.6% |
| Tangible fixed assets | 22/27 | €9,881,519 | €7,841,594 | -€2.0m | -20.6% |
| Land and buildings | 22 | €1,227,271 | - | -€1.2m | |
| Plant, machinery and equipment | 23 | €2,690,351 | €2,158,659 | -€531,692 | -19.8% |
| Furniture and vehicles | 24 | €69,451 | €33,698 | -€35,753 | -51.5% |
| Leasing and similar rights | 25 | €2,573,390 | €2,182,577 | -€390,812 | -15.2% |
| Other tangible fixed assets | 26 | €3,321,057 | €3,214,310 | -€106,747 | -3.2% |
| Assets under construction and advance payments | 27 | - | €252,350 | +€252,350 | |
| Financial fixed assets | 28 | €10,242,362 | €3,068,250 | -€7.2m | -70.0% |
| Affiliated companies | 280/1 | €9,776,371 | €2,823,130 | -€7.0m | -71.1% |
| Amounts receivable | 281 | €9,776,371 | €2,823,130 | -€7.0m | -71.1% |
| Other financial fixed assets | 284/8 | €465,991 | €245,120 | -€220,871 | -47.4% |
| Amounts receivable and cash guarantees | 285/8 | €465,991 | €245,120 | -€220,871 | -47.4% |
| Current assets | 29/58 | €3,109,740 | €3,559,126 | +€449,386 | +14.5% |
| Stocks and contracts in progress | 3 | €112,495 | €114,938 | +€2,443 | +2.2% |
| Stocks | 30/36 | €112,495 | €114,938 | +€2,443 | +2.2% |
| Raw materials and consumables | 30/31 | €92,724 | €95,880 | +€3,156 | +3.4% |
| Goods purchased for resale | 34 | €19,771 | €19,058 | -€713 | -3.6% |
| Amounts receivable within one year | 40/41 | €2,923,064 | €3,365,260 | +€442,196 | +15.1% |
| Trade receivables | 40 | €2,788,369 | €3,215,668 | +€427,300 | +15.3% |
| Other amounts receivable | 41 | €134,695 | €149,591 | +€14,896 | +11.1% |
| Cash at bank and in hand | 54/58 | €52,984 | €35,892 | -€17,091 | -32.3% |
| Deferred charges and accrued income | 490/1 | €21,197 | €43,036 | +€21,839 | +103.0% |
| Total equity and liabilities | 10/49 | €23,263,645 | €14,508,768 | -€8.8m | -37.6% |
| Equity | 10/15 | -€7,245,076 | -€7,133,125 | +€111,951 | +1.5% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Revaluation surpluses | 12 | €314,306 | - | -€314,306 | |
| Reserves | 13 | €1,853,104 | €1,853,104 | = | 0.0% |
| Non-distributable reserves | 130/1 | €314,452 | €314,452 | = | 0.0% |
| Legal reserve | 130 | €314,452 | €314,452 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,623 | €1,623 | = | 0.0% |
| Distributable reserves | 133 | €1,537,029 | €1,537,029 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,415,205 | -€9,988,369 | +€426,836 | +4.1% |
| Investment grants | 15 | €2,720 | €2,140 | -€579 | -21.3% |
| Provisions and deferred taxes | 16 | €119 | €106 | -€13 | -11.2% |
| Deferred taxes | 168 | €119 | €106 | -€13 | -11.2% |
| Amounts payable | 17/49 | €30,508,602 | €21,641,788 | -€8.9m | -29.1% |
| Amounts payable after more than one year | 17 | €20,723,823 | €12,106,976 | -€8.6m | -41.6% |
| Financial debts | 170/4 | €2,491,413 | €2,035,975 | -€455,437 | -18.3% |
| Leasing and similar obligations | 172 | €2,378,530 | €2,035,975 | -€342,554 | -14.4% |
| Other loans | 174 | €112,883 | - | -€112,883 | |
| Other amounts payable | 178/9 | €18,232,410 | €10,071,000 | -€8.2m | -44.8% |
| Amounts payable within one year | 42/48 | €9,784,779 | €9,521,593 | -€263,186 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €337,728 | €342,554 | +€4,826 | +1.4% |
| Trade debts | 44 | €7,767,889 | €7,906,400 | +€138,510 | +1.8% |
| Suppliers | 440/4 | €7,767,889 | €7,906,400 | +€138,510 | +1.8% |
| Taxes, remuneration and social security | 45 | €1,679,161 | €1,272,639 | -€406,523 | -24.2% |
| Taxes | 450/3 | €111,866 | €97,060 | -€14,806 | -13.2% |
| Remuneration and social security | 454/9 | €1,567,296 | €1,175,579 | -€391,717 | -25.0% |
| Accrued charges and deferred income | 492/3 | - | €13,219 | +€13,219 | |
| Operating income | 70/76A | €28,664,837 | €31,917,469 | +€3.3m | +11.3% |
| Turnover | 70 | €28,220,686 | €29,844,405 | +€1.6m | +5.8% |
| Other operating income | 74 | €444,151 | €2,029,464 | +€1.6m | +356.9% |
| Non-recurring operating income | 76A | - | €43,600 | +€43,600 | |
| Operating charges | 60/66A | €31,895,777 | €31,047,897 | -€847,880 | -2.7% |
| Goods for resale, raw materials and consumables | 60 | €10,783,815 | €11,948,126 | +€1.2m | +10.8% |
| Purchases | 600/8 | €10,735,401 | €11,950,568 | +€1.2m | +11.3% |
| Change in stocks: decrease (increase) | 609 | €48,415 | -€2,443 | -€50,857 | |
| Services and other goods | 61 | €9,761,644 | €8,558,988 | -€1.2m | -12.3% |
| Remuneration, social security and pensions | 62 | €7,521,398 | €7,188,866 | -€332,532 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,489,624 | €2,872,380 | -€617,243 | -17.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,077 | -€2,725 | -€7,802 | |
| Other operating charges | 640/8 | €334,144 | €482,261 | +€148,117 | +44.3% |
| Non-recurring operating charges | 66A | €76 | - | -€76 | |
| Operating profit (loss) | 9901 | -€3,230,940 | €869,572 | +€4.1m | |
| Financial income | 75/76B | €319,428 | €453,773 | +€134,345 | +42.1% |
| Recurring financial income | 75 | €319,428 | €453,773 | +€134,345 | +42.1% |
| Income from financial fixed assets | 750 | €318,718 | €451,641 | +€132,923 | +41.7% |
| Income from current assets | 751 | €98 | €0 | -€98 | -100.0% |
| Other financial income | 752/9 | €612 | €2,132 | +€1,520 | +248.6% |
| Financial charges | 65/66B | €645,897 | €895,893 | +€249,995 | +38.7% |
| Recurring financial charges | 65 | €645,897 | €895,893 | +€249,995 | +38.7% |
| Debt charges | 650 | €640,742 | €888,840 | +€248,098 | +38.7% |
| Other financial charges | 652/9 | €5,156 | €7,053 | +€1,897 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,557,409 | €427,452 | +€4.0m | |
| Transfer from deferred taxes | 780 | €9 | €13 | +€5 | +54.9% |
| Income taxes | 67/77 | €670 | €629 | -€41 | -6.1% |
| Taxes | 670/3 | €700 | €629 | -€71 | -10.1% |
| Tax adjustments and reversals of tax provisions | 77 | €30 | - | -€30 | |
| Profit (loss) for the period | 9904 | -€3,558,070 | €426,836 | +€4.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,558,070 | €426,836 | +€4.0m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.