ML2: 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.
ML2
Largest movements
- Cash +€22,472
new in 2023: €22,472
mainly Trade debts (+€16,296) and Net result for the year (+€2,718)
- Receivables within one year -€1,686
down €1,686 (-6.4%), from €26,148 to €24,462
- Trade debts +€16,296
up €16,296 (+63.8%), from €25,559 to €41,855
- Profit (loss) carried forward +€2,337
up €2,337 (+613.5%), from €381 to €2,718
- Tax, wage and social debts +€2,266
up €2,266 (+2380.3%), from €95 to €2,361
of which Remuneration and social security: +€2,036
- Turnover +€75,157
new in 2023: €75,157
- Purchases and services +€46,471
new in 2023: €46,471
- Gross operating margin +€28,210
up €28,210 (+5921.8%), from €476 to €28,686
- Staff costs +€23,986
new in 2023: €23,986
- Financial charges +€1,906
up €1,906 (+635373.3%), from €0 to €1,906
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,285 | €46,934 | +€20,649 | +78.6% |
| Current assets | 29/58 | €26,285 | €46,934 | +€20,649 | +78.6% |
| Amounts receivable within one year | 40/41 | €26,148 | €24,462 | -€1,686 | -6.4% |
| Other amounts receivable | 41 | €26,148 | €24,462 | -€1,686 | -6.4% |
| Current investments | 50/53 | €137 | - | -€137 | |
| Cash at bank and in hand | 54/58 | - | €22,472 | +€22,472 | |
| Total equity and liabilities | 10/49 | €26,285 | €46,934 | +€20,649 | +78.6% |
| Equity | 10/15 | €631 | €2,718 | +€2,087 | +330.8% |
| Contributions | 10/11 | €250 | - | -€250 | |
| Capital | 10 | €250 | - | -€250 | |
| Issued capital | 100 | €250 | - | -€250 | |
| Profit (loss) carried forward | 14 | €381 | €2,718 | +€2,337 | +613.5% |
| Amounts payable | 17/49 | €25,654 | €44,216 | +€18,562 | +72.4% |
| Amounts payable within one year | 42/48 | €25,654 | €44,216 | +€18,562 | +72.4% |
| Trade debts | 44 | €25,559 | €41,855 | +€16,296 | +63.8% |
| Suppliers | 440/4 | €25,559 | €41,855 | +€16,296 | +63.8% |
| Taxes, remuneration and social security | 45 | €95 | €2,361 | +€2,266 | +2380.3% |
| Taxes | 450/3 | €95 | €326 | +€231 | +242.3% |
| Remuneration and social security | 454/9 | - | €2,036 | +€2,036 | |
| Turnover | 70 | - | €75,157 | +€75,157 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €46,471 | +€46,471 | |
| Remuneration, social security and pensions | 62 | - | €23,986 | +€23,986 | |
| Gross operating margin | 9900 | €476 | €28,686 | +€28,210 | +5921.8% |
| Operating profit (loss) | 9901 | €476 | €4,700 | +€4,224 | +886.6% |
| Financial charges | 65/66B | €0 | €1,906 | +€1,906 | +635373.3% |
| Recurring financial charges | 65 | €0 | €1,906 | +€1,906 | +635373.3% |
| Profit (loss) for the period before taxes | 9903 | €476 | €2,794 | +€2,318 | +486.8% |
| Income taxes | 67/77 | €95 | €76 | -€19 | -20.1% |
| Profit (loss) for the period | 9904 | €381 | €2,718 | +€2,337 | +613.5% |
| Profit (loss) for the period to be appropriated | 9905 | €381 | €2,718 | +€2,337 | +613.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.