ML Projects & Development
Annual accounts 2025
micro format, filed on 13-04-2026, 109 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €65,000. Estimated: probably between €35,000 and €170,000.
Balance sheet
balance sheet total €57,493 on 31-12-2025in euro
in euro
Position in the sector
92.0%
Higher than 93% of 17,185 companies in 2025.
12.15
Higher than 93% of 16,482 companies in 2025.
21.0%
Higher than 86% of 16,861 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
57,493 | 49,803 | 23,765 | |
20 |
- | - | 333 | |
21/28 |
1,820 | 1,059 | 1,376 | |
22/27 |
1,820 | 579 | 896 | |
24 |
1,820 | 579 | 896 | |
28 |
- | 480 | 480 | |
29/58 |
55,674 | 48,744 | 22,056 | |
40/41 |
16,682 | 402 | 1,402 | |
40 |
16,682 | 341 | 243 | |
41 |
- | 61 | 1,158 | |
54/58 |
38,992 | 48,342 | 20,655 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
57,493 | 49,803 | 23,765 | |
10/15 |
52,912 | 40,821 | 18,420 | |
10/11 |
1,000 | 1,000 | 1,000 | |
13 |
51,000 | 39,000 | 17,000 | |
133 |
51,000 | 39,000 | 17,000 | |
14 |
912 | 821 | 420 | |
17/49 |
4,582 | 8,982 | 5,345 | |
42/48 |
4,582 | 8,982 | 5,345 | |
44 |
1,892 | 61 | - | |
440/4 |
1,892 | 61 | - | |
45 |
2,403 | 8,199 | 4,331 | |
450/3 |
2,403 | 8,199 | 4,331 | |
47/48 |
287 | 723 | 1,014 | |
| Income statement | ||||
9900 |
16,965 | 29,650 | 23,319 | |
630 |
410 | 649 | 1,052 | |
9901 |
16,554 | 29,001 | 22,267 | |
75/76B |
1 | - | - | |
75 |
1 | - | - | |
65/66B |
97 | 61 | 5 | |
65 |
97 | 61 | 5 | |
9903 |
16,458 | 28,940 | 22,262 | |
67/77 |
4,367 | 6,539 | 4,842 | |
9904 |
12,091 | 22,401 | 17,420 | |
9905 |
12,091 | 22,401 | 17,420 | |
| Appropriation of the result | ||||
9906 |
12,912 | 22,821 | 17,420 | |
14P |
821 | 420 | - | |
691/2 |
12,000 | 22,000 | 17,000 | |
6921 |
12,000 | 22,000 | 17,000 | |
| Document | ||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 13-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 16,965 | 29,650 | 23,319 | ||
| 12,501 | 23,050 | 18,473 | ||
| 1,651 | 333 | 2,428 | ||
| -9,350 | 27,687 | - | ||
| 51,092 | 39,762 | 16,712 | ||
| 92.0% | 82.0% | 77.5% | ||
| 12.15 | 5.43 | 4.13 | ||
| 0.09 | 0.22 | 0.29 | ||
| 22.9% | 54.9% | 94.6% | ||
| 21.0% | 45.0% | 73.3% | ||
| over 100 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,651 | - | €1,948 |
| Intangible fixed assets | - | €333 | - |
| Financial fixed assets | - | - | €480 |
| €410 | €649 | €1,052 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on ML Projects & Development
The operating result for 2025 is 43% lower than in 2024 and the lowest since 2023.
Debt's share of the balance-sheet total falls from 18.0% to 8.0%. Equity is higher and debt is lower.