ML Service: 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 Service
Largest movements
- Tangible fixed assets -€20,086
down €20,086 (-8.0%), from €250,056 to €229,971
of which Furniture and vehicles: -€10,347
- Receivables within one year +€17,904
up €17,904 (+185%), from €9,682 to €27,586
- Stocks and contracts -€4,454
no longer reported in 2025 (was €4,454)
- Debts after one year -€31,153
down €31,153 (-18.5%), from €168,197 to €137,043
- Reserves +€20,000
up €20,000 (+26.7%), from €75,000 to €95,000
- Trade debts -€4,752
down €4,752 (-73.8%), from €6,439 to €1,688
- Tax, wage and social debts +€4,047
up €4,047 (+13.4%), from €30,176 to €34,223
of which Taxes: +€3,582
- Profit (loss) carried forward +€3,823
up €3,823 (+107%), from €3,584 to €7,407
- Gross operating margin +€28,103
up €28,103 (+27.7%), from €101,313 to €129,416
- Taxes +€8,298
up €8,298 (+223%), from €3,716 to €12,014
- Staff costs +€2,514
up €2,514 (+4.0%), from €62,550 to €65,064
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 | €359,934 | €352,754 | -€7,181 | -2.0% |
| Fixed assets | 21/28 | €339,987 | €319,902 | -€20,086 | -5.9% |
| Tangible fixed assets | 22/27 | €250,056 | €229,971 | -€20,086 | -8.0% |
| Land and buildings | 22 | €180,962 | €174,079 | -€6,883 | -3.8% |
| Plant, machinery and equipment | 23 | €39,430 | €36,574 | -€2,856 | -7.2% |
| Furniture and vehicles | 24 | €29,665 | €19,318 | -€10,347 | -34.9% |
| Financial fixed assets | 28 | €89,931 | €89,931 | = | 0.0% |
| Current assets | 29/58 | €19,947 | €32,852 | +€12,905 | +64.7% |
| Stocks and contracts in progress | 3 | €4,454 | - | -€4,454 | |
| Contracts in progress | 37 | €4,454 | - | -€4,454 | |
| Amounts receivable within one year | 40/41 | €9,682 | €27,586 | +€17,904 | +185% |
| Trade receivables | 40 | €9,682 | €27,586 | +€17,904 | +185% |
| Cash at bank and in hand | 54/58 | €5,242 | €4,693 | -€549 | -10.5% |
| Deferred charges and accrued income | 490/1 | €569 | €573 | +€4 | +0.7% |
| Total equity and liabilities | 10/49 | €359,934 | €352,754 | -€7,181 | -2.0% |
| Equity | 10/15 | €95,661 | €119,483 | +€23,823 | +24.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €10,877 | €10,877 | = | 0.0% |
| Reserves | 13 | €75,000 | €95,000 | +€20,000 | +26.7% |
| Distributable reserves | 133 | €75,000 | €95,000 | +€20,000 | +26.7% |
| Profit (loss) carried forward | 14 | €3,584 | €7,407 | +€3,823 | +107% |
| Amounts payable | 17/49 | €264,274 | €233,270 | -€31,004 | -11.7% |
| Amounts payable after more than one year | 17 | €168,197 | €137,043 | -€31,153 | -18.5% |
| Financial debts | 170/4 | €168,197 | €137,043 | -€31,153 | -18.5% |
| Amounts payable within one year | 42/48 | €96,077 | €96,227 | +€150 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €31,905 | €31,153 | -€752 | -2.4% |
| Trade debts | 44 | €6,439 | €1,688 | -€4,752 | -73.8% |
| Suppliers | 440/4 | €6,439 | €1,688 | -€4,752 | -73.8% |
| Advances received on contracts in progress | 46 | €18,755 | €18,755 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €30,176 | €34,223 | +€4,047 | +13.4% |
| Taxes | 450/3 | €17,021 | €20,603 | +€3,582 | +21.0% |
| Remuneration and social security | 454/9 | €13,154 | €13,619 | +€465 | +3.5% |
| Other amounts payable | 47/48 | €8,802 | €10,408 | +€1,606 | +18.2% |
| Remuneration, social security and pensions | 62 | €62,550 | €65,064 | +€2,514 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,566 | €20,086 | +€520 | +2.7% |
| Other operating charges | 640/8 | €3,077 | €3,428 | +€351 | +11.4% |
| Gross operating margin | 9900 | €101,313 | €129,416 | +€28,103 | +27.7% |
| Operating profit (loss) | 9901 | €16,120 | €40,839 | +€24,719 | +153% |
| Financial charges | 65/66B | €5,794 | €5,001 | -€793 | -13.7% |
| Recurring financial charges | 65 | €5,794 | €5,001 | -€793 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €10,326 | €35,837 | +€25,511 | +247% |
| Income taxes | 67/77 | €3,716 | €12,014 | +€8,298 | +223% |
| Profit (loss) for the period | 9904 | €6,610 | €23,823 | +€17,213 | +260% |
| Profit (loss) for the period to be appropriated | 9905 | €6,610 | €23,823 | +€17,213 | +260% |
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 14 October 2026 via checked.be.