MLA ACCOUNTANCY: what changed
MLA ACCOUNTANCY
Largest movements
- Receivables within one year +€269,113
up €269,113 (+160%), from €167,977 to €437,090
of which Other amounts receivable: +€239,932
- Current investments -€154,200
no longer reported in 2025 (was €154,200)
- Cash -€90,373
down €90,373 (-60.7%), from €148,795 to €58,422
mainly Receivables within one year (-€269,113) and Investment in fixed assets (net) (-€126,081)
- Tangible fixed assets +€67,678
up €67,678 (+33.5%), from €202,020 to €269,699
of which Furniture and vehicles: +€67,003
- Stocks and contracts +€19,241
new in 2025: €19,241
- Profit (loss) carried forward +€142,039
up €142,039 (+88.6%), from €160,394 to €302,433
- Trade debts +€72,804
up €72,804 (+72.9%), from €99,874 to €172,678
- Debts after one year -€71,072
no longer reported in 2025 (was €71,072)
- Current portion of long-term debt -€32,550
no longer reported in 2025 (was €32,550)
- Tax, wage and social debts +€17,561
up €17,561 (+9.8%), from €179,023 to €196,584
of which Remuneration and social security: +€77,275
- Financial charges -€75,230
down €75,230 (-94.2%), from €79,864 to €4,634
- Staff costs +€63,294
up €63,294 (+9.4%), from €671,315 to €734,609
- Gross operating margin -€23,112
down €23,112 (-2.2%), from €1.0m to €1.0m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €702,203 | €826,161 | +€123,958 | +17.7% |
| Fixed assets | 21/28 | €202,419 | €270,098 | +€67,678 | +33.4% |
| Tangible fixed assets | 22/27 | €202,020 | €269,699 | +€67,678 | +33.5% |
| Furniture and vehicles | 24 | €82,031 | €149,034 | +€67,003 | +81.7% |
| Other tangible fixed assets | 26 | €119,990 | €120,665 | +€675 | +0.6% |
| Financial fixed assets | 28 | €399 | €399 | = | 0.0% |
| Current assets | 29/58 | €499,783 | €556,063 | +€56,280 | +11.3% |
| Stocks and contracts in progress | 3 | - | €19,241 | +€19,241 | |
| Contracts in progress | 37 | - | €19,241 | +€19,241 | |
| Amounts receivable within one year | 40/41 | €167,977 | €437,090 | +€269,113 | +160% |
| Trade receivables | 40 | €153,800 | €182,981 | +€29,181 | +19.0% |
| Other amounts receivable | 41 | €14,177 | €254,109 | +€239,932 | +1,692% |
| Current investments | 50/53 | €154,200 | - | -€154,200 | |
| Cash at bank and in hand | 54/58 | €148,795 | €58,422 | -€90,373 | -60.7% |
| Deferred charges and accrued income | 490/1 | €28,811 | €41,310 | +€12,499 | +43.4% |
| Total equity and liabilities | 10/49 | €702,203 | €826,161 | +€123,958 | +17.7% |
| Equity | 10/15 | €313,652 | €455,691 | +€142,039 | +45.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €153,257 | €153,257 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €151,397 | €151,397 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,394 | €302,433 | +€142,039 | +88.6% |
| Amounts payable | 17/49 | €388,550 | €370,470 | -€18,081 | -4.7% |
| Amounts payable after more than one year | 17 | €71,072 | - | -€71,072 | |
| Financial debts | 170/4 | €71,072 | - | -€71,072 | |
| Amounts payable within one year | 42/48 | €316,534 | €369,263 | +€52,728 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €32,550 | - | -€32,550 | |
| Financial debts | 43 | €5,087 | - | -€5,087 | |
| Credit institutions | 430/8 | €5,087 | - | -€5,087 | |
| Trade debts | 44 | €99,874 | €172,678 | +€72,804 | +72.9% |
| Suppliers | 440/4 | €99,874 | €172,678 | +€72,804 | +72.9% |
| Taxes, remuneration and social security | 45 | €179,023 | €196,584 | +€17,561 | +9.8% |
| Taxes | 450/3 | €101,096 | €41,382 | -€59,714 | -59.1% |
| Remuneration and social security | 454/9 | €77,928 | €155,203 | +€77,275 | +99.2% |
| Accrued charges and deferred income | 492/3 | €944 | €1,207 | +€263 | +27.8% |
| Remuneration, social security and pensions | 62 | €671,315 | €734,609 | +€63,294 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,463 | €58,403 | +€939 | +1.6% |
| Other operating charges | 640/8 | €11,071 | €18,501 | +€7,429 | +67.1% |
| Non-recurring operating charges | 66A | - | €6,130 | +€6,130 | |
| Gross operating margin | 9900 | €1,045,312 | €1,022,200 | -€23,112 | -2.2% |
| Operating profit (loss) | 9901 | €305,462 | €204,557 | -€100,905 | -33.0% |
| Financial income | 75/76B | €3,391 | €5,854 | +€2,463 | +72.6% |
| Recurring financial income | 75 | €3,391 | €5,854 | +€2,463 | +72.6% |
| Financial charges | 65/66B | €79,864 | €4,634 | -€75,230 | -94.2% |
| Recurring financial charges | 65 | €79,864 | €4,634 | -€75,230 | -94.2% |
| Profit (loss) for the period before taxes | 9903 | €228,989 | €205,776 | -€23,212 | -10.1% |
| Income taxes | 67/77 | €68,594 | €63,737 | -€4,857 | -7.1% |
| Profit (loss) for the period | 9904 | €160,394 | €142,039 | -€18,356 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €160,394 | €142,039 | -€18,356 | -11.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.