ML SALES & SERVICES: 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 SALES & SERVICES
Largest movements
- Tangible fixed assets -€61,743
down €61,743 (-59.6%), from €103,581 to €41,837
of which Land and buildings: -€55,346
- Cash +€8,868
up €8,868 (+236%), from €3,753 to €12,621
mainly Investment in fixed assets (net) (+€47,446) and Net result for the year (+€24,180)
- Receivables within one year +€7,449
up €7,449 (+29.5%), from €25,254 to €32,703
of which Other amounts receivable: +€8,054
- Debts after one year -€48,585
down €48,585 (-61.6%), from €78,900 to €30,315
- Reserves +€24,180
up €24,180 (+67.5%), from €35,830 to €60,010
- Current portion of long-term debt -€10,689
down €10,689 (-60.3%), from €17,733 to €7,044
- Tax, wage and social debts -€5,280
down €5,280 (-33.4%), from €15,808 to €10,528
of which Remuneration and social security: -€2,831
- Short-term financial debts -€5,085
down €5,085 (-100%), from €5,085 to €0
- Gross operating margin +€25,579
up €25,579 (+140%), from €18,308 to €43,887
- Depreciation -€1,311
down €1,311 (-8.1%), from €16,174 to €14,862
- Financial charges -€1,162
down €1,162 (-24.2%), from €4,796 to €3,634
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 | €164,080 | €119,365 | -€44,715 | -27.3% |
| Fixed assets | 21/28 | €106,986 | €44,677 | -€62,309 | -58.2% |
| Intangible fixed assets | 21 | €2,206 | €1,640 | -€565 | -25.6% |
| Tangible fixed assets | 22/27 | €103,581 | €41,837 | -€61,743 | -59.6% |
| Land and buildings | 22 | €55,346 | €0 | -€55,346 | -100% |
| Plant, machinery and equipment | 23 | €1,799 | €1,213 | -€586 | -32.6% |
| Furniture and vehicles | 24 | €1,620 | €6,696 | +€5,076 | +313% |
| Leasing and similar rights | 25 | €41,280 | €30,086 | -€11,194 | -27.1% |
| Other tangible fixed assets | 26 | €3,536 | €3,843 | +€307 | +8.7% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €57,093 | €74,687 | +€17,594 | +30.8% |
| Stocks and contracts in progress | 3 | €26,927 | €28,177 | +€1,249 | +4.6% |
| Stocks | 30/36 | €26,927 | €28,177 | +€1,249 | +4.6% |
| Amounts receivable within one year | 40/41 | €25,254 | €32,703 | +€7,449 | +29.5% |
| Trade receivables | 40 | €12,926 | €12,320 | -€605 | -4.7% |
| Other amounts receivable | 41 | €12,328 | €20,382 | +€8,054 | +65.3% |
| Cash at bank and in hand | 54/58 | €3,753 | €12,621 | +€8,868 | +236% |
| Deferred charges and accrued income | 490/1 | €1,159 | €1,187 | +€28 | +2.4% |
| Total equity and liabilities | 10/49 | €164,080 | €119,365 | -€44,715 | -27.3% |
| Equity | 10/15 | €42,030 | €66,210 | +€24,180 | +57.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,830 | €60,010 | +€24,180 | +67.5% |
| Distributable reserves | 133 | €35,830 | €60,010 | +€24,180 | +67.5% |
| Amounts payable | 17/49 | €122,050 | €53,155 | -€68,895 | -56.4% |
| Amounts payable after more than one year | 17 | €78,900 | €30,315 | -€48,585 | -61.6% |
| Financial debts | 170/4 | €78,900 | €30,315 | -€48,585 | -61.6% |
| Amounts payable within one year | 42/48 | €42,743 | €22,840 | -€19,902 | -46.6% |
| Current portion of amounts payable after more than one year | 42 | €17,733 | €7,044 | -€10,689 | -60.3% |
| Financial debts | 43 | €5,085 | €0 | -€5,085 | -100% |
| Credit institutions | 430/8 | €5,085 | €0 | -€5,085 | -100% |
| Trade debts | 44 | €3,893 | €5,269 | +€1,375 | +35.3% |
| Suppliers | 440/4 | €3,893 | €5,269 | +€1,375 | +35.3% |
| Advances received on contracts in progress | 46 | €224 | €0 | -€224 | -100% |
| Taxes, remuneration and social security | 45 | €15,808 | €10,528 | -€5,280 | -33.4% |
| Taxes | 450/3 | €7,344 | €4,896 | -€2,449 | -33.3% |
| Remuneration and social security | 454/9 | €8,463 | €5,632 | -€2,831 | -33.5% |
| Accrued charges and deferred income | 492/3 | €407 | €0 | -€407 | -100% |
| Non-recurring operating income | 76A | - | €33,753 | +€33,753 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,174 | €14,862 | -€1,311 | -8.1% |
| Other operating charges | 640/8 | €1,507 | €1,442 | -€64 | -4.3% |
| Gross operating margin | 9900 | €18,308 | €43,887 | +€25,579 | +140% |
| Operating profit (loss) | 9901 | €627 | €27,582 | +€26,955 | +4,296% |
| Financial income | 75/76B | €647 | €983 | +€336 | +52.0% |
| Recurring financial income | 75 | €647 | €983 | +€336 | +52.0% |
| Financial charges | 65/66B | €4,796 | €3,634 | -€1,162 | -24.2% |
| Recurring financial charges | 65 | €4,796 | €3,634 | -€1,162 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,521 | €24,932 | +€28,453 | |
| Income taxes | 67/77 | €856 | €752 | -€105 | -12.2% |
| Profit (loss) for the period | 9904 | -€4,378 | €24,180 | +€28,558 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,378 | €24,180 | +€28,558 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.