ML Belgium: 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.
ML Belgium
Largest movements
- Cash -€4,782
down €4,782 (-69.2%), from €6,909 to €2,127
mainly Net result for the year (-€8,790)
- Deferred charges and accrued income -€594
down €594 (-100%), from €594 to €0
- Profit (loss) carried forward -€8,790
down €8,790 (-0.5%), from -€1.7m to -€1.7m
- Trade debts +€1,909
up €1,909 (+5.6%), from €33,939 to €35,848
- Other debts +€1,466
up €1,466 (+3.8%), from €38,195 to €39,661
- Other operating charges -€4,325
down €4,325 (-86.3%), from €5,015 to €689
- Gross operating margin +€1,385
up €1,385 (+14.6%), from -€9,485 to -€8,100
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,046 | €12,670 | -€5,377 | -29.8% |
| Fixed assets | 21/28 | €1,447 | €1,447 | = | 0.0% |
| Financial fixed assets | 28 | €1,447 | €1,447 | = | 0.0% |
| Current assets | 29/58 | €16,599 | €11,223 | -€5,377 | -32.4% |
| Amounts receivable within one year | 40/41 | €9,096 | €9,096 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €9,096 | €9,096 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,909 | €2,127 | -€4,782 | -69.2% |
| Deferred charges and accrued income | 490/1 | €594 | €0 | -€594 | -100% |
| Total equity and liabilities | 10/49 | €18,046 | €12,670 | -€5,377 | -29.8% |
| Equity | 10/15 | -€1,402,298 | -€1,411,087 | -€8,790 | -0.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €678 | €678 | = | 0.0% |
| Non-distributable reserves | 130/1 | €678 | €678 | = | 0.0% |
| Legal reserve | 130 | €678 | €678 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,652,976 | -€1,661,766 | -€8,790 | -0.5% |
| Amounts payable | 17/49 | €1,420,344 | €1,423,757 | +€3,413 | +0.2% |
| Amounts payable after more than one year | 17 | €1,347,140 | €1,347,140 | = | 0.0% |
| Financial debts | 170/4 | €1,347,140 | €1,347,140 | = | 0.0% |
| Amounts payable within one year | 42/48 | €72,134 | €75,509 | +€3,375 | +4.7% |
| Trade debts | 44 | €33,939 | €35,848 | +€1,909 | +5.6% |
| Suppliers | 440/4 | €33,939 | €35,848 | +€1,909 | +5.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €38,195 | €39,661 | +€1,466 | +3.8% |
| Accrued charges and deferred income | 492/3 | €1,070 | €1,108 | +€38 | +3.6% |
| Non-recurring operating income | 76A | €663 | €0 | -€663 | -100% |
| Other operating charges | 640/8 | €5,015 | €689 | -€4,325 | -86.3% |
| Non-recurring operating charges | 66A | €8,466 | €0 | -€8,466 | -100% |
| Gross operating margin | 9900 | -€9,485 | -€8,100 | +€1,385 | +14.6% |
| Operating profit (loss) | 9901 | -€22,966 | -€8,790 | +€14,176 | +61.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3 | €0 | -€3 | -95.0% |
| Recurring financial charges | 65 | €3 | €0 | -€3 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,969 | -€8,790 | +€14,179 | +61.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€22,969 | -€8,790 | +€14,179 | +61.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,969 | -€8,790 | +€14,179 | +61.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.