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ML-Dent: 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.

What changed

ML-Dent

BE 0751.793.154
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€36,467
2024 · €16,786+€19,681
Equity
€93,368
2024 · €56,901+€36,467
Cash
€15,307
2024 · €10,571+€4,737
Balance sheet total
€190,723
2024 · €133,489+€57,234

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€55,794

    up €55,794 (+156.4%), from €35,671 to €91,464

    of which Furniture and vehicles: +€62,778

  • Receivables within one year -€8,284

    down €8,284 (-9.8%), from €84,794 to €76,510

    of which Other amounts receivable: -€23,284

  • Deferred charges and accrued income +€4,988

    up €4,988 (+203.3%), from €2,454 to €7,442

  • Cash +€4,737

    up €4,737 (+44.8%), from €10,571 to €15,307

    mainly Net result for the year (+€36,467) and Accrued charges and deferred income (+€20,015)

Equity and liabilities
  • Profit (loss) carried forward +€36,467

    up €36,467 (+67.0%), from €54,401 to €90,868

  • Accrued charges and deferred income +€20,015

    up €20,015 (+408.4%), from €4,900 to €24,915

  • Debts after one year -€12,969

    down €12,969 (-26.0%), from €49,956 to €36,987

  • Tax, wage and social debts +€9,369

    up €9,369 (+373.5%), from €2,508 to €11,878

  • Trade debts +€4,168

    up €4,168 (+64.6%), from €6,452 to €10,620

Income statement
  • Gross operating margin +€24,500

    up €24,500 (+55.0%), from €44,513 to €69,012

  • Taxes +€9,369

    up €9,369 (+170.1%), from €5,508 to €14,878

  • Depreciation -€7,724

    down €7,724 (-39.7%), from €19,459 to €11,736

  • Other operating charges +€3,127

    up €3,127 (+1297.1%), from €241 to €3,368

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €16,786
Gross operating margin +€24,500
Depreciation +€7,724
Other operating charges -€3,127
Financial charges -€47
Taxes -€9,369
Result 2025 €36,467

Cash bridge derived

cash 2024 to 2025

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.

From operations +€85,051
Investment -€67,529
Financing -€12,785
Cash 2024 €10,571
Net result for the year +€36,467
Depreciation +€11,736
Receivables within one year +€8,284
Deferred charges and accrued income -€4,988
Trade debts +€4,168
Tax, wage and social debts +€9,369
Accrued charges and deferred income +€20,015
Investment in fixed assets (net) -€67,529
Debts after one year -€12,969
Current portion of long-term debt +€184
Cash 2025 €15,307
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €133,489 €190,723 +€57,234 +42.9%
Fixed assets 21/28 €35,671 €91,464 +€55,794 +156.4%
Tangible fixed assets 22/27 €35,671 €91,464 +€55,794 +156.4%
Plant, machinery and equipment 23 €17,423 €10,439 -€6,984 -40.1%
Furniture and vehicles 24 €18,248 €81,026 +€62,778 +344.0%
Current assets 29/58 €97,818 €99,259 +€1,440 +1.5%
Amounts receivable within one year 40/41 €84,794 €76,510 -€8,284 -9.8%
Trade receivables 40 - €15,000 +€15,000
Other amounts receivable 41 €84,794 €61,510 -€23,284 -27.5%
Cash at bank and in hand 54/58 €10,571 €15,307 +€4,737 +44.8%
Deferred charges and accrued income 490/1 €2,454 €7,442 +€4,988 +203.3%
Total equity and liabilities 10/49 €133,489 €190,723 +€57,234 +42.9%
Equity 10/15 €56,901 €93,368 +€36,467 +64.1%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 €54,401 €90,868 +€36,467 +67.0%
Amounts payable 17/49 €76,588 €97,355 +€20,767 +27.1%
Amounts payable after more than one year 17 €49,956 €36,987 -€12,969 -26.0%
Financial debts 170/4 €49,956 €36,987 -€12,969 -26.0%
Amounts payable within one year 42/48 €21,731 €35,453 +€13,722 +63.1%
Current portion of amounts payable after more than one year 42 €12,771 €12,955 +€184 +1.4%
Trade debts 44 €6,452 €10,620 +€4,168 +64.6%
Suppliers 440/4 €6,452 €10,620 +€4,168 +64.6%
Taxes, remuneration and social security 45 €2,508 €11,878 +€9,369 +373.5%
Taxes 450/3 €2,508 €11,878 +€9,369 +373.5%
Accrued charges and deferred income 492/3 €4,900 €24,915 +€20,015 +408.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €19,459 €11,736 -€7,724 -39.7%
Other operating charges 640/8 €241 €3,368 +€3,127 +1297.1%
Gross operating margin 9900 €44,513 €69,012 +€24,500 +55.0%
Operating profit (loss) 9901 €24,812 €53,909 +€29,097 +117.3%
Financial charges 65/66B €2,518 €2,564 +€47 +1.9%
Recurring financial charges 65 €2,518 €2,564 +€47 +1.9%
Profit (loss) for the period before taxes 9903 €22,295 €51,344 +€29,050 +130.3%
Income taxes 67/77 €5,508 €14,878 +€9,369 +170.1%
Profit (loss) for the period 9904 €16,786 €36,467 +€19,681 +117.2%
Profit (loss) for the period to be appropriated 9905 €16,786 €36,467 +€19,681 +117.2%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.