ML FULL SERVICES: 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.
ML FULL SERVICES
Largest movements
- Tangible fixed assets -€17,649
down €17,649 (-22.9%), from €76,927 to €59,278
- Receivables within one year -€8,839
down €8,839 (-96.3%), from €9,180 to €342
of which Trade receivables: -€9,072
- Cash +€4,883
up €4,883 (+113.8%), from €4,290 to €9,173
mainly Depreciation (+€17,649) and Receivables within one year (+€8,839)
- Debts after one year -€12,032
down €12,032 (-26.1%), from €46,028 to €33,996
- Profit (loss) carried forward -€6,843
down €6,843 (-30.8%), from €22,186 to €15,343
- Tax, wage and social debts -€2,765
down €2,765 (-28.5%), from €9,698 to €6,933
- Turnover +€49,484
new in 2024: €49,484
- Purchases and services -€32,661
down €32,661 (-48.1%), from €67,868 to €35,208
- Gross operating margin -€32,503
down €32,503 (-69.5%), from €46,779 to €14,277
- Taxes -€6,933
no longer reported in 2024 (was €6,933)
- Depreciation +€4,114
up €4,114 (+30.4%), from €13,535 to €17,649
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.
Cash bridge derived
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 | €90,398 | €69,027 | -€21,371 | -23.6% |
| Fixed assets | 21/28 | €76,927 | €59,278 | -€17,649 | -22.9% |
| Tangible fixed assets | 22/27 | €76,927 | €59,278 | -€17,649 | -22.9% |
| Furniture and vehicles | 24 | €76,927 | €59,278 | -€17,649 | -22.9% |
| Current assets | 29/58 | €13,471 | €9,749 | -€3,722 | -27.6% |
| Amounts receivable within one year | 40/41 | €9,180 | €342 | -€8,839 | -96.3% |
| Trade receivables | 40 | €9,180 | €109 | -€9,072 | -98.8% |
| Other amounts receivable | 41 | - | €233 | +€233 | |
| Cash at bank and in hand | 54/58 | €4,290 | €9,173 | +€4,883 | +113.8% |
| Deferred charges and accrued income | 490/1 | - | €234 | +€234 | |
| Total equity and liabilities | 10/49 | €90,398 | €69,027 | -€21,371 | -23.6% |
| Equity | 10/15 | €22,186 | €15,343 | -€6,843 | -30.8% |
| Profit (loss) carried forward | 14 | €22,186 | €15,343 | -€6,843 | -30.8% |
| Amounts payable | 17/49 | €68,212 | €53,684 | -€14,528 | -21.3% |
| Amounts payable after more than one year | 17 | €46,028 | €33,996 | -€12,032 | -26.1% |
| Financial debts | 170/4 | €46,028 | €33,996 | -€12,032 | -26.1% |
| Amounts payable within one year | 42/48 | €22,184 | €19,688 | -€2,495 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €11,442 | €12,032 | +€591 | +5.2% |
| Trade debts | 44 | €1,044 | €541 | -€503 | -48.2% |
| Suppliers | 440/4 | €1,044 | €541 | -€503 | -48.2% |
| Taxes, remuneration and social security | 45 | €9,698 | €6,933 | -€2,765 | -28.5% |
| Taxes | 450/3 | €9,698 | €6,933 | -€2,765 | -28.5% |
| Other amounts payable | 47/48 | - | €182 | +€182 | |
| Turnover | 70 | - | €49,484 | +€49,484 | |
| Goods, raw materials, services and sundry goods | 60/61 | €67,868 | €35,208 | -€32,661 | -48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,535 | €17,649 | +€4,114 | +30.4% |
| Other operating charges | 640/8 | €2,563 | €673 | -€1,890 | -73.7% |
| Gross operating margin | 9900 | €46,779 | €14,277 | -€32,503 | -69.5% |
| Operating profit (loss) | 9901 | €30,681 | -€4,046 | -€34,727 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,562 | €2,798 | +€1,236 | +79.1% |
| Recurring financial charges | 65 | €1,562 | €2,798 | +€1,236 | +79.1% |
| Profit (loss) for the period before taxes | 9903 | €29,119 | -€6,843 | -€35,963 | |
| Income taxes | 67/77 | €6,933 | - | -€6,933 | |
| Profit (loss) for the period | 9904 | €22,186 | -€6,843 | -€29,030 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,186 | -€6,843 | -€29,030 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.