M.L. TECHNOLOGIES: 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.
M.L. TECHNOLOGIES
Largest movements
- Tangible fixed assets -€42,609
down €42,609 (-21.8%), from €195,115 to €152,507
of which Plant, machinery and equipment: -€30,578
- Cash +€36,351
up €36,351 (+6693.9%), from €543 to €36,894
mainly Depreciation (+€70,214) and Receivables within one year (+€32,444)
- Receivables within one year -€32,444
down €32,444 (-48.4%), from €67,040 to €34,596
of which Other amounts receivable: -€52,440
- Current portion of long-term debt -€35,000
no longer reported in 2025 (was €35,000)
- Tax, wage and social debts -€19,480
down €19,480 (-41.4%), from €47,059 to €27,578
of which Taxes: -€19,151
- Other debts +€15,816
up €15,816 (+463.1%), from €3,415 to €19,231
- Reserves -€13,000
down €13,000 (-11.7%), from €111,265 to €98,265
- Trade debts +€12,391
up €12,391 (+129.5%), from €9,568 to €21,958
- Gross operating margin -€58,881
down €58,881 (-37.5%), from €157,195 to €98,314
- Taxes -€17,621
down €17,621 (-95.0%), from €18,556 to €935
- Financial charges -€3,996
down €3,996 (-69.4%), from €5,762 to €1,766
- Staff costs -€3,844
down €3,844 (-9.4%), from €40,923 to €37,079
- Depreciation +€3,295
up €3,295 (+4.9%), from €66,919 to €70,214
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €266,698 | €227,565 | -€39,133 | -14.7% |
| Fixed assets | 21/28 | €195,670 | €153,061 | -€42,609 | -21.8% |
| Tangible fixed assets | 22/27 | €195,115 | €152,507 | -€42,609 | -21.8% |
| Plant, machinery and equipment | 23 | €176,984 | €146,406 | -€30,578 | -17.3% |
| Furniture and vehicles | 24 | €18,132 | €6,101 | -€12,031 | -66.4% |
| Financial fixed assets | 28 | €554 | €554 | = | 0.0% |
| Current assets | 29/58 | €71,028 | €74,504 | +€3,476 | +4.9% |
| Amounts receivable within one year | 40/41 | €67,040 | €34,596 | -€32,444 | -48.4% |
| Trade receivables | 40 | €14,600 | €34,596 | +€19,996 | +137.0% |
| Other amounts receivable | 41 | €52,440 | - | -€52,440 | |
| Cash at bank and in hand | 54/58 | €543 | €36,894 | +€36,351 | +6693.9% |
| Deferred charges and accrued income | 490/1 | €3,445 | €3,014 | -€431 | -12.5% |
| Total equity and liabilities | 10/49 | €266,698 | €227,565 | -€39,133 | -14.7% |
| Equity | 10/15 | €171,271 | €158,358 | -€12,914 | -7.5% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €111,265 | €98,265 | -€13,000 | -11.7% |
| Distributable reserves | 133 | €111,265 | €98,265 | -€13,000 | -11.7% |
| Profit (loss) carried forward | 14 | €6 | €93 | +€86 | +1395.3% |
| Amounts payable | 17/49 | €95,426 | €69,207 | -€26,219 | -27.5% |
| Amounts payable within one year | 42/48 | €95,426 | €69,207 | -€26,219 | -27.5% |
| Current portion of amounts payable after more than one year | 42 | €35,000 | - | -€35,000 | |
| Financial debts | 43 | €385 | €439 | +€54 | +14.1% |
| Credit institutions | 430/8 | €385 | €439 | +€54 | +14.1% |
| Trade debts | 44 | €9,568 | €21,958 | +€12,391 | +129.5% |
| Suppliers | 440/4 | €9,568 | €21,958 | +€12,391 | +129.5% |
| Taxes, remuneration and social security | 45 | €47,059 | €27,578 | -€19,480 | -41.4% |
| Taxes | 450/3 | €43,691 | €24,540 | -€19,151 | -43.8% |
| Remuneration and social security | 454/9 | €3,367 | €3,038 | -€329 | -9.8% |
| Other amounts payable | 47/48 | €3,415 | €19,231 | +€15,816 | +463.1% |
| Remuneration, social security and pensions | 62 | €40,923 | €37,079 | -€3,844 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,919 | €70,214 | +€3,295 | +4.9% |
| Other operating charges | 640/8 | €2,460 | €1,234 | -€1,225 | -49.8% |
| Gross operating margin | 9900 | €157,195 | €98,314 | -€58,881 | -37.5% |
| Operating profit (loss) | 9901 | €46,894 | -€10,213 | -€57,107 | |
| Financial income | 75/76B | €1,989 | €0 | -€1,989 | -100.0% |
| Recurring financial income | 75 | €1,989 | €0 | -€1,989 | -100.0% |
| Financial charges | 65/66B | €5,762 | €1,766 | -€3,996 | -69.4% |
| Recurring financial charges | 65 | €5,762 | €1,766 | -€3,996 | -69.4% |
| Profit (loss) for the period before taxes | 9903 | €43,121 | -€11,978 | -€55,099 | |
| Income taxes | 67/77 | €18,556 | €935 | -€17,621 | -95.0% |
| Profit (loss) for the period | 9904 | €24,565 | -€12,914 | -€37,478 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,565 | -€12,914 | -€37,478 |
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 4 October 2026 via checked.be.