M.P.L.: 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.P.L.
Largest movements
- Cash -€10,406
down €10,406 (-35.2%), from €29,594 to €19,189
mainly Net result for the year (-€14,668) and Tax, wage and social debts (-€1,410)
- Receivables within one year -€4,884
down €4,884 (-39.8%), from €12,272 to €7,389
of which Other amounts receivable: -€4,884
- Stocks and contracts -€1,870
down €1,870 (-100%), from €1,870 to €0
- Deferred charges and accrued income +€961
up €961 (+72.7%), from €1,322 to €2,283
- Profit (loss) carried forward -€14,668
down €14,668, from €11,452 to -€3,216
- Tax, wage and social debts -€1,410
down €1,410 (-31.9%), from €4,417 to €3,008
of which Taxes: -€1,470
- Gross operating margin -€18,621
down €18,621 (-92.7%), from €20,082 to €1,461
- Other operating charges -€1,240
down €1,240 (-34.5%), from €3,594 to €2,355
- Staff costs +€927
up €927 (+7.8%), from €11,861 to €12,788
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 | €47,838 | €31,357 | -€16,481 | -34.5% |
| Fixed assets | 21/28 | €2,779 | €2,496 | -€283 | -10.2% |
| Tangible fixed assets | 22/27 | €1,279 | €996 | -€283 | -22.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,279 | €996 | -€283 | -22.1% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €45,059 | €28,861 | -€16,198 | -35.9% |
| Stocks and contracts in progress | 3 | €1,870 | €0 | -€1,870 | -100% |
| Stocks | 30/36 | €1,870 | €0 | -€1,870 | -100% |
| Amounts receivable within one year | 40/41 | €12,272 | €7,389 | -€4,884 | -39.8% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €12,272 | €7,389 | -€4,884 | -39.8% |
| Cash at bank and in hand | 54/58 | €29,594 | €19,189 | -€10,406 | -35.2% |
| Deferred charges and accrued income | 490/1 | €1,322 | €2,283 | +€961 | +72.7% |
| Total equity and liabilities | 10/49 | €47,838 | €31,357 | -€16,481 | -34.5% |
| Equity | 10/15 | €31,903 | €17,235 | -€14,668 | -46.0% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,452 | -€3,216 | -€14,668 | |
| Amounts payable | 17/49 | €15,935 | €14,122 | -€1,813 | -11.4% |
| Amounts payable within one year | 42/48 | €15,935 | €14,122 | -€1,813 | -11.4% |
| Trade debts | 44 | €11,517 | €11,114 | -€403 | -3.5% |
| Suppliers | 440/4 | €11,517 | €11,114 | -€403 | -3.5% |
| Taxes, remuneration and social security | 45 | €4,417 | €3,008 | -€1,410 | -31.9% |
| Taxes | 450/3 | €2,147 | €677 | -€1,470 | -68.5% |
| Remuneration and social security | 454/9 | €2,271 | €2,331 | +€61 | +2.7% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €11,861 | €12,788 | +€927 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136 | €283 | +€147 | +109% |
| Other operating charges | 640/8 | €3,594 | €2,355 | -€1,240 | -34.5% |
| Gross operating margin | 9900 | €20,082 | €1,461 | -€18,621 | -92.7% |
| Operating profit (loss) | 9901 | €4,492 | -€13,964 | -€18,456 | |
| Financial income | 75/76B | €0 | €4 | +€4 | +37,100% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +37,100% |
| Financial charges | 65/66B | €428 | €567 | +€139 | +32.5% |
| Recurring financial charges | 65 | €428 | €567 | +€139 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | €4,064 | -€14,527 | -€18,591 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €3,925 | -€14,668 | -€18,593 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,925 | -€14,668 | -€18,593 |
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 20 October 2026 via checked.be.