MFL Consulting: 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.
MFL Consulting
Largest movements
- Cash +€19,572
up €19,572 (+43.4%), from €45,078 to €64,650
mainly Net result for the year (+€63,949) and Depreciation (+€5,478)
- Stocks and contracts +€9,991
up €9,991 (+2568.4%), from €389 to €10,380
of which Contracts in progress: +€10,000
- Tangible fixed assets -€2,831
down €2,831 (-18.2%), from €15,556 to €12,725
of which Plant, machinery and equipment: -€2,398
- Reserves +€33,900
up €33,900 (+19.9%), from €170,060 to €203,960
- Tax, wage and social debts -€6,259
down €6,259 (-20.0%), from €31,336 to €25,077
of which Taxes: -€6,907
- Financial income +€3,297
up €3,297 (+422.3%), from €781 to €4,077
- Gross operating margin +€1,097
up €1,097 (+1.0%), from €106,509 to €107,606
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 | €206,227 | €234,337 | +€28,111 | +13.6% |
| Fixed assets | 21/28 | €15,556 | €12,725 | -€2,831 | -18.2% |
| Tangible fixed assets | 22/27 | €15,556 | €12,725 | -€2,831 | -18.2% |
| Plant, machinery and equipment | 23 | €10,360 | €7,963 | -€2,398 | -23.1% |
| Furniture and vehicles | 24 | €5,196 | €4,763 | -€433 | -8.3% |
| Current assets | 29/58 | €190,671 | €221,612 | +€30,942 | +16.2% |
| Stocks and contracts in progress | 3 | €389 | €10,380 | +€9,991 | +2568.4% |
| Stocks | 30/36 | €389 | €380 | -€9 | -2.3% |
| Contracts in progress | 37 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €15,290 | €16,672 | +€1,381 | +9.0% |
| Trade receivables | 40 | €15,290 | €16,672 | +€1,381 | +9.0% |
| Current investments | 50/53 | €123,922 | €123,687 | -€235 | -0.2% |
| Cash at bank and in hand | 54/58 | €45,078 | €64,650 | +€19,572 | +43.4% |
| Deferred charges and accrued income | 490/1 | €5,991 | €6,223 | +€232 | +3.9% |
| Total equity and liabilities | 10/49 | €206,227 | €234,337 | +€28,111 | +13.6% |
| Equity | 10/15 | €171,104 | €205,053 | +€33,949 | +19.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €170,060 | €203,960 | +€33,900 | +19.9% |
| Distributable reserves | 133 | €170,060 | €203,960 | +€33,900 | +19.9% |
| Profit (loss) carried forward | 14 | €44 | €93 | +€49 | +110.5% |
| Amounts payable | 17/49 | €35,122 | €29,284 | -€5,838 | -16.6% |
| Amounts payable within one year | 42/48 | €35,122 | €29,284 | -€5,838 | -16.6% |
| Trade debts | 44 | €3,155 | €1,918 | -€1,238 | -39.2% |
| Suppliers | 440/4 | €3,155 | €1,918 | -€1,238 | -39.2% |
| Taxes, remuneration and social security | 45 | €31,336 | €25,077 | -€6,259 | -20.0% |
| Taxes | 450/3 | €27,077 | €20,170 | -€6,907 | -25.5% |
| Remuneration and social security | 454/9 | €4,259 | €4,907 | +€648 | +15.2% |
| Other amounts payable | 47/48 | €631 | €2,290 | +€1,659 | +262.8% |
| Remuneration, social security and pensions | 62 | €23,359 | €24,398 | +€1,039 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,768 | €5,478 | +€710 | +14.9% |
| Other operating charges | 640/8 | €64 | €465 | +€402 | +629.5% |
| Gross operating margin | 9900 | €106,509 | €107,606 | +€1,097 | +1.0% |
| Operating profit (loss) | 9901 | €78,319 | €77,265 | -€1,054 | -1.3% |
| Financial income | 75/76B | €781 | €4,077 | +€3,297 | +422.3% |
| Recurring financial income | 75 | €781 | €4,077 | +€3,297 | +422.3% |
| Financial charges | 65/66B | €964 | €451 | -€513 | -53.3% |
| Recurring financial charges | 65 | €964 | €451 | -€513 | -53.3% |
| Profit (loss) for the period before taxes | 9903 | €78,135 | €80,892 | +€2,756 | +3.5% |
| Income taxes | 67/77 | €16,637 | €16,943 | +€305 | +1.8% |
| Profit (loss) for the period | 9904 | €61,498 | €63,949 | +€2,451 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,498 | €63,949 | +€2,451 | +4.0% |
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 10 October 2026 via checked.be.