Malta Balance Sheet Template
A free Malta balance sheet template aligned to GAPSME, with a live check that total assets equal equity plus liabilities.
- Accounting standard
- GAPSME
- Financial year
- Company-chosen accounting reference period; the calendar year (1 Jan–31 Dec) is common
- Currency
- EUR (€)
- Filed with
- Malta Business Registry (MBR)
| 2026 | 2025 | |
|---|---|---|
| Fixed assets | €365,000 | €365,000 |
| Tangible assets (property, plant and equipment) | €320,000 | €320,000 |
| Intangible assets | €45,000 | €45,000 |
| Current assets | €225,000 | €225,000 |
| Inventories (stock) | €60,000 | €60,000 |
| Trade and other receivables (debtors) | €90,000 | €90,000 |
| Cash at bank and in hand | €75,000 | €75,000 |
| Total assets | €590,000 | €590,000 |
| Creditors: amounts falling due within one year | €88,000 | €88,000 |
| Trade and other payables (creditors) | €70,000 | €70,000 |
| Current tax payable | €18,000 | €18,000 |
| Creditors: amounts falling due after more than one year | €120,000 | €120,000 |
| Bank loans | €120,000 | €120,000 |
| Capital and reserves | €382,000 | €382,000 |
| Called-up share capital | €50,000 | €50,000 |
| Profit and loss account (retained earnings) | €332,000 | €332,000 |
| Total equity and liabilities | €590,000 | €590,000 |
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How to Fill In a Malta Balance Sheet Template
A balance sheet, formally the statement of financial position, shows what a business owns, owes and is worth at a single point in time. It’s prepared alongside the income statement and cash flow statement as one of the three primary statements Maltese companies file each year.
This template follows the GAPSME vertical layout used by most Maltese companies, with fixed and current assets listed above creditors and capital and reserves, and a live check confirming the sheet balances.
What is a balance sheet?
A balance sheet is a financial statement that lists a company’s assets, liabilities and equity as at a specific date, usually the last day of the financial year. Total assets must always equal total equity plus liabilities — the fundamental accounting equation that gives the statement its name.
What to include
- Tangible assets (property, plant and equipment) — physical fixed assets used in the business, such as buildings, equipment and vehicles.
- Intangible assets — non-physical fixed assets such as goodwill, licences or capitalised development costs.
- Inventories (stock) — goods held for sale or use in production at the year end.
- Trade and other receivables (debtors) — amounts owed to the business by customers and others.
- Cash at bank and in hand — cash and bank balances held at the year end.
- Trade and other payables (creditors) — amounts the business owes to suppliers and others, due within one year.
- Current tax payable — tax owed for the period that has not yet been paid.
- Bank loans — borrowings due after more than one year, shown separately from short-term creditors.
- Called-up share capital — the nominal value of shares issued by the company.
- Profit and loss account (retained earnings) — accumulated profits kept in the business rather than distributed.
Step-by-step guide
- List fixed assets first — tangible assets such as property and equipment, then intangible assets such as goodwill or licences.
- Add current assets — inventories, trade and other receivables, and cash at bank and in hand — to reach total assets.
- List creditors falling due within one year, including trade and other payables and current tax payable.
- List creditors falling due after more than one year, such as bank loans.
- Enter capital and reserves — called-up share capital and the profit and loss account (retained earnings).
- Sum creditors and capital and reserves to reach total equity and liabilities.
- Check that total assets equals total equity and liabilities using the live balance check.
- Investigate and correct any difference before finalising the statement — a mismatch usually means a figure has been entered in the wrong section.
Malta-specific rules
The balance sheet is a mandatory primary statement in every set of Maltese annual accounts, prepared under GAPSME by most companies or under EU-adopted IFRS for public-interest entities and large companies. It is denominated in euro and delivered, together with the income statement, cash flow statement and notes, to the Malta Business Registry within 10 months and 42 days of the financial year-end.
GAPSME permits a simplified balance sheet format with fewer mandatory line items than full IFRS, which is one of the main reasons it is the default choice for small and medium-sized Maltese companies.