ML Thérapie: 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 Thérapie
Largest movements
- Tangible fixed assets +€125,479
up €125,479 (+2,736%), from €4,586 to €130,065
of which Land and buildings: +€112,584
- Cash +€30,834
up €30,834 (+1,661%), from €1,856 to €32,690
mainly Debts after one year (+€63,859) and Net result for the year (+€45,593)
- Deferred charges and accrued income +€7,913
up €7,913 (+2,876%), from €275 to €8,188
- Debts after one year +€63,859
new in 2025: €63,859
- Profit (loss) carried forward +€44,760
up €44,760 (+1,183%), from €3,784 to €48,545
- Other debts +€41,321
new in 2025: €41,321
- Tax, wage and social debts +€10,559
up €10,559 (+1,196%), from €883 to €11,443
- Current portion of long-term debt +€3,726
new in 2025: €3,726
- Gross operating margin +€58,833
up €58,833 (+1,241%), from €4,739 to €63,572
- Taxes +€10,559
up €10,559 (+1,196%), from €883 to €11,443
- Depreciation +€3,543
up €3,543 (+10,769%), from €33 to €3,576
- Financial charges +€2,033
up €2,033 (+22,593%), from €9 to €2,042
- Other operating charges +€903
up €903 (+2,860%), from €32 to €935
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 | €6,717 | €170,943 | +€164,225 | +2,445% |
| Fixed assets | 21/28 | €4,586 | €130,065 | +€125,479 | +2,736% |
| Tangible fixed assets | 22/27 | €4,586 | €130,065 | +€125,479 | +2,736% |
| Land and buildings | 22 | - | €112,584 | +€112,584 | |
| Plant, machinery and equipment | 23 | €4,586 | €15,728 | +€11,142 | +243% |
| Furniture and vehicles | 24 | - | €1,753 | +€1,753 | |
| Current assets | 29/58 | €2,131 | €40,878 | +€38,747 | +1,818% |
| Cash at bank and in hand | 54/58 | €1,856 | €32,690 | +€30,834 | +1,661% |
| Deferred charges and accrued income | 490/1 | €275 | €8,188 | +€7,913 | +2,876% |
| Total equity and liabilities | 10/49 | €6,717 | €170,943 | +€164,225 | +2,445% |
| Equity | 10/15 | €5,834 | €50,595 | +€44,760 | +767% |
| Contributions | 10/11 | €2,050 | €2,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,784 | €48,545 | +€44,760 | +1,183% |
| Amounts payable | 17/49 | €883 | €120,348 | +€119,465 | +13,528% |
| Amounts payable after more than one year | 17 | - | €63,859 | +€63,859 | |
| Financial debts | 170/4 | - | €63,859 | +€63,859 | |
| Amounts payable within one year | 42/48 | €883 | €56,489 | +€55,606 | +6,297% |
| Current portion of amounts payable after more than one year | 42 | - | €3,726 | +€3,726 | |
| Taxes, remuneration and social security | 45 | €883 | €11,443 | +€10,559 | +1,196% |
| Taxes | 450/3 | €883 | €11,443 | +€10,559 | +1,196% |
| Other amounts payable | 47/48 | - | €41,321 | +€41,321 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33 | €3,576 | +€3,543 | +10,769% |
| Other operating charges | 640/8 | €32 | €935 | +€903 | +2,860% |
| Gross operating margin | 9900 | €4,739 | €63,572 | +€58,833 | +1,241% |
| Operating profit (loss) | 9901 | €4,674 | €59,061 | +€54,387 | +1,164% |
| Financial income | 75/76B | €2 | €17 | +€15 | +760% |
| Recurring financial income | 75 | €2 | €17 | +€15 | +760% |
| Financial charges | 65/66B | €9 | €2,042 | +€2,033 | +22,593% |
| Recurring financial charges | 65 | €9 | €2,042 | +€2,033 | +22,593% |
| Profit (loss) for the period before taxes | 9903 | €4,667 | €57,036 | +€52,369 | +1,122% |
| Income taxes | 67/77 | €883 | €11,443 | +€10,559 | +1,196% |
| Profit (loss) for the period | 9904 | €3,784 | €45,593 | +€41,809 | +1,105% |
| Profit (loss) for the period to be appropriated | 9905 | €3,784 | €45,593 | +€41,809 | +1,105% |
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 28 October 2026 via checked.be.