MALIKZADA: 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.
MALIKZADA
Largest movements
- Stocks and contracts +€14,530
up €14,530 (+33.0%), from €43,965 to €58,495
- Receivables within one year +€6,076
up €6,076 (+166%), from €3,657 to €9,734
- Cash +€4,009
up €4,009 (+501%), from €800 to €4,809
mainly Tax, wage and social debts (+€12,618) and Trade debts (+€11,962)
- Tangible fixed assets +€2,083
new in 2025: €2,083
of which Furniture and vehicles: +€1,184
- Tax, wage and social debts +€12,618
up €12,618 (+51.0%), from €24,731 to €37,349
of which Remuneration and social security: +€8,026
- Trade debts +€11,962
up €11,962 (+89.5%), from €13,367 to €25,329
- Profit (loss) carried forward +€1,719
up €1,719, from -€774 to €945
- Other operating charges -€10,492
down €10,492 (-97.3%), from €10,783 to €291
- Gross operating margin -€2,026
down €2,026 (-14.6%), from €13,878 to €11,851
- Staff costs +€1,616
up €1,616 (+21.7%), from €7,441 to €9,057
- Depreciation +€214
up €214 (+53.5%), from €400 to €614
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 | €49,054 | €75,353 | +€26,299 | +53.6% |
| Fixed assets | 21/28 | €632 | €2,316 | +€1,683 | +266% |
| Intangible fixed assets | 21 | €632 | €232 | -€400 | -63.3% |
| Tangible fixed assets | 22/27 | - | €2,083 | +€2,083 | |
| Plant, machinery and equipment | 23 | - | €900 | +€900 | |
| Furniture and vehicles | 24 | - | €1,184 | +€1,184 | |
| Current assets | 29/58 | €48,422 | €73,037 | +€24,615 | +50.8% |
| Stocks and contracts in progress | 3 | €43,965 | €58,495 | +€14,530 | +33.0% |
| Stocks | 30/36 | €43,965 | €58,495 | +€14,530 | +33.0% |
| Amounts receivable within one year | 40/41 | €3,657 | €9,734 | +€6,076 | +166% |
| Other amounts receivable | 41 | €3,657 | €9,734 | +€6,076 | +166% |
| Cash at bank and in hand | 54/58 | €800 | €4,809 | +€4,009 | +501% |
| Total equity and liabilities | 10/49 | €49,054 | €75,353 | +€26,299 | +53.6% |
| Equity | 10/15 | €6,226 | €7,945 | +€1,719 | +27.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Capital | 10 | €7,000 | €7,000 | = | 0.0% |
| Issued capital | 100 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€774 | €945 | +€1,719 | |
| Amounts payable | 17/49 | €42,828 | €67,408 | +€24,580 | +57.4% |
| Amounts payable within one year | 42/48 | €42,828 | €67,408 | +€24,580 | +57.4% |
| Trade debts | 44 | €13,367 | €25,329 | +€11,962 | +89.5% |
| Suppliers | 440/4 | €13,367 | €25,329 | +€11,962 | +89.5% |
| Advances received on contracts in progress | 46 | €1,500 | €1,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €24,731 | €37,349 | +€12,618 | +51.0% |
| Taxes | 450/3 | €4,876 | €9,468 | +€4,591 | +94.2% |
| Remuneration and social security | 454/9 | €19,855 | €27,881 | +€8,026 | +40.4% |
| Other amounts payable | 47/48 | €3,230 | €3,230 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €7,441 | €9,057 | +€1,616 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €614 | +€214 | +53.5% |
| Other operating charges | 640/8 | €10,783 | €291 | -€10,492 | -97.3% |
| Gross operating margin | 9900 | €13,878 | €11,851 | -€2,026 | -14.6% |
| Operating profit (loss) | 9901 | -€4,746 | €1,889 | +€6,636 | |
| Financial charges | 65/66B | €153 | €170 | +€17 | +11.0% |
| Recurring financial charges | 65 | €153 | €170 | +€17 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,900 | €1,719 | +€6,619 | |
| Profit (loss) for the period | 9904 | -€4,900 | €1,719 | +€6,619 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,900 | €1,719 | +€6,619 |
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 26 October 2026 via checked.be.