M.L.A.A. Group: 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.
M.L.A.A. Group
Largest movements
- Tangible fixed assets +€26,844
new in 2025: €26,844
- Stocks and contracts +€4,324
up €4,324 (+72.1%), from €6,000 to €10,324
- Cash -€2,027
down €2,027 (-78.2%), from €2,591 to €564
mainly Investment in fixed assets (net) (-€29,384) and Net result for the year (-€7,261)
- Receivables within one year -€531
down €531 (-8.7%), from €6,107 to €5,576
of which Other amounts receivable: -€495
- Debts after one year +€27,029
new in 2025: €27,029
- Tax, wage and social debts +€7,438
up €7,438 (+80.2%), from €9,272 to €16,710
of which Taxes: +€5,318
- Profit (loss) carried forward -€7,261
down €7,261, from €3,146 to -€4,115
- Current portion of long-term debt +€3,428
new in 2025: €3,428
- Other debts -€2,830
down €2,830 (-99.8%), from €2,835 to €5
- Turnover -€87,546
no longer reported in 2025 (was €87,546)
- Purchases and services -€76,363
no longer reported in 2025 (was €76,363)
- Staff costs +€20,853
up €20,853 (+485%), from €4,303 to €25,156
- Gross operating margin +€15,682
up €15,682 (+140%), from €11,218 to €26,900
- Financial charges +€2,449
up €2,449 (+1,246%), from €197 to €2,646
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 | €22,948 | €51,658 | +€28,710 | +125% |
| Fixed assets | 21/28 | €8,250 | €35,194 | +€26,944 | +327% |
| Tangible fixed assets | 22/27 | - | €26,844 | +€26,844 | |
| Furniture and vehicles | 24 | - | €26,844 | +€26,844 | |
| Financial fixed assets | 28 | €8,250 | €8,350 | +€100 | +1.2% |
| Current assets | 29/58 | €14,698 | €16,464 | +€1,766 | +12.0% |
| Stocks and contracts in progress | 3 | €6,000 | €10,324 | +€4,324 | +72.1% |
| Stocks | 30/36 | €6,000 | €10,324 | +€4,324 | +72.1% |
| Amounts receivable within one year | 40/41 | €6,107 | €5,576 | -€531 | -8.7% |
| Trade receivables | 40 | €2,120 | €2,083 | -€36 | -1.7% |
| Other amounts receivable | 41 | €3,988 | €3,493 | -€495 | -12.4% |
| Cash at bank and in hand | 54/58 | €2,591 | €564 | -€2,027 | -78.2% |
| Total equity and liabilities | 10/49 | €22,948 | €51,658 | +€28,710 | +125% |
| Equity | 10/15 | €8,146 | €885 | -€7,261 | -89.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,146 | -€4,115 | -€7,261 | |
| Amounts payable | 17/49 | €14,802 | €50,773 | +€35,971 | +243% |
| Amounts payable after more than one year | 17 | - | €27,029 | +€27,029 | |
| Financial debts | 170/4 | - | €27,029 | +€27,029 | |
| Amounts payable within one year | 42/48 | €14,690 | €23,745 | +€9,054 | +61.6% |
| Current portion of amounts payable after more than one year | 42 | - | €3,428 | +€3,428 | |
| Trade debts | 44 | €2,583 | €3,602 | +€1,019 | +39.5% |
| Suppliers | 440/4 | €2,583 | €3,602 | +€1,019 | +39.5% |
| Taxes, remuneration and social security | 45 | €9,272 | €16,710 | +€7,438 | +80.2% |
| Taxes | 450/3 | €6,581 | €11,899 | +€5,318 | +80.8% |
| Remuneration and social security | 454/9 | €2,691 | €4,810 | +€2,120 | +78.8% |
| Other amounts payable | 47/48 | €2,835 | €5 | -€2,830 | -99.8% |
| Accrued charges and deferred income | 492/3 | €112 | - | -€112 | |
| Turnover | 70 | €87,546 | - | -€87,546 | |
| Goods, raw materials, services and sundry goods | 60/61 | €76,363 | - | -€76,363 | |
| Remuneration, social security and pensions | 62 | €4,303 | €25,156 | +€20,853 | +485% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,440 | +€2,440 | |
| Other operating charges | 640/8 | €2,993 | €4,151 | +€1,158 | +38.7% |
| Gross operating margin | 9900 | €11,218 | €26,900 | +€15,682 | +140% |
| Operating profit (loss) | 9901 | €3,922 | -€4,847 | -€8,770 | |
| Financial income | 75/76B | €235 | €232 | -€3 | -1.3% |
| Recurring financial income | 75 | €235 | €232 | -€3 | -1.3% |
| Financial charges | 65/66B | €197 | €2,646 | +€2,449 | +1,246% |
| Recurring financial charges | 65 | €197 | €2,646 | +€2,449 | +1,246% |
| Profit (loss) for the period before taxes | 9903 | €3,961 | -€7,261 | -€11,222 | |
| Income taxes | 67/77 | €814 | - | -€814 | |
| Profit (loss) for the period | 9904 | €3,146 | -€7,261 | -€10,408 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,146 | -€7,261 | -€10,408 |
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 18 October 2026 via checked.be.