MLA CONSTRUCT: 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.
MLA CONSTRUCT
Largest movements
- Cash -€34,368
down €34,368 (-99.7%), from €34,455 to €87
mainly Net result for the year (-€95,776) and Receivables within one year (-€20,811)
- Tangible fixed assets -€22,782
down €22,782 (-30.0%), from €76,036 to €53,254
of which Land and buildings: -€12,604
- Receivables within one year +€20,811
up €20,811 (+27.7%), from €75,024 to €95,834
of which Trade receivables: +€28,818
- Profit (loss) carried forward -€95,776
down €95,776 (-104.9%), from -€91,262 to -€187,038
- Tax, wage and social debts +€63,322
up €63,322 (+334.9%), from €18,907 to €82,228
of which Remuneration and social security: +€59,971
- Trade debts +€13,161
up €13,161 (+26.6%), from €49,465 to €62,626
- Debts after one year -€10,804
down €10,804 (-17.1%), from €63,167 to €52,363
- Current portion of long-term debt -€6,848
down €6,848 (-35.6%), from €19,233 to €12,385
- Gross operating margin -€85,863
down €85,863 (-48.9%), from €175,557 to €89,695
- Staff costs -€32,661
down €32,661 (-17.6%), from €185,322 to €152,661
- Other operating charges -€12,963
down €12,963 (-94.1%), from €13,773 to €810
- Depreciation -€9,205
down €9,205 (-29.2%), from €31,472 to €22,267
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.
Cash bridge derived
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 | €187,568 | €150,622 | -€36,946 | -19.7% |
| Fixed assets | 21/28 | €76,419 | €53,637 | -€22,782 | -29.8% |
| Tangible fixed assets | 22/27 | €76,036 | €53,254 | -€22,782 | -30.0% |
| Land and buildings | 22 | €58,114 | €45,509 | -€12,604 | -21.7% |
| Plant, machinery and equipment | 23 | €3,135 | €1,481 | -€1,654 | -52.8% |
| Furniture and vehicles | 24 | €4,625 | €898 | -€3,727 | -80.6% |
| Leasing and similar rights | 25 | €10,163 | €5,366 | -€4,797 | -47.2% |
| Financial fixed assets | 28 | €383 | €383 | = | 0.0% |
| Current assets | 29/58 | €111,149 | €96,985 | -€14,164 | -12.7% |
| Amounts receivable within one year | 40/41 | €75,024 | €95,834 | +€20,811 | +27.7% |
| Trade receivables | 40 | €40,539 | €69,357 | +€28,818 | +71.1% |
| Other amounts receivable | 41 | €34,485 | €26,478 | -€8,007 | -23.2% |
| Cash at bank and in hand | 54/58 | €34,455 | €87 | -€34,368 | -99.7% |
| Deferred charges and accrued income | 490/1 | €1,670 | €1,064 | -€606 | -36.3% |
| Total equity and liabilities | 10/49 | €187,568 | €150,622 | -€36,946 | -19.7% |
| Equity | 10/15 | €35,896 | -€59,880 | -€95,776 | |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €120,961 | €120,961 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,218 | €14,218 | = | 0.0% |
| Distributable reserves | 133 | €106,743 | €106,743 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,262 | -€187,038 | -€95,776 | -104.9% |
| Amounts payable | 17/49 | €151,672 | €210,502 | +€58,830 | +38.8% |
| Amounts payable after more than one year | 17 | €63,167 | €52,363 | -€10,804 | -17.1% |
| Financial debts | 170/4 | €63,167 | €52,363 | -€10,804 | -17.1% |
| Amounts payable within one year | 42/48 | €87,605 | €157,239 | +€69,634 | +79.5% |
| Current portion of amounts payable after more than one year | 42 | €19,233 | €12,385 | -€6,848 | -35.6% |
| Trade debts | 44 | €49,465 | €62,626 | +€13,161 | +26.6% |
| Suppliers | 440/4 | €49,465 | €62,626 | +€13,161 | +26.6% |
| Taxes, remuneration and social security | 45 | €18,907 | €82,228 | +€63,322 | +334.9% |
| Taxes | 450/3 | €4,687 | €8,037 | +€3,351 | +71.5% |
| Remuneration and social security | 454/9 | €14,220 | €74,191 | +€59,971 | +421.7% |
| Accrued charges and deferred income | 492/3 | €900 | €900 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €185,322 | €152,661 | -€32,661 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,472 | €22,267 | -€9,205 | -29.2% |
| Other operating charges | 640/8 | €13,773 | €810 | -€12,963 | -94.1% |
| Non-recurring operating charges | 66A | - | €2,925 | +€2,925 | |
| Gross operating margin | 9900 | €175,557 | €89,695 | -€85,863 | -48.9% |
| Operating profit (loss) | 9901 | -€55,010 | -€88,968 | -€33,958 | -61.7% |
| Financial income | 75/76B | €80 | €0 | -€80 | -100.0% |
| Recurring financial income | 75 | €80 | €0 | -€80 | -100.0% |
| Financial charges | 65/66B | €4,802 | €6,484 | +€1,681 | +35.0% |
| Recurring financial charges | 65 | €4,802 | €6,484 | +€1,681 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | -€59,732 | -€95,451 | -€35,719 | -59.8% |
| Income taxes | 67/77 | €328 | €325 | -€3 | -1.1% |
| Profit (loss) for the period | 9904 | -€60,060 | -€95,776 | -€35,716 | -59.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,060 | -€95,776 | -€35,716 | -59.5% |
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 12 October 2026 via checked.be.