MLC FUTURE: 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.
MLC FUTURE
Largest movements
- Cash +€88,245
up €88,245 (+1894.9%), from €4,657 to €92,902
mainly Accrued charges and deferred income (+€69,042) and Net result for the year (+€19,455)
- Tangible fixed assets +€12,195
up €12,195 (+39.7%), from €30,733 to €42,928
of which Furniture and vehicles: +€18,337
- Receivables within one year +€3,223
up €3,223 (+24.7%), from €13,042 to €16,265
of which Trade receivables: +€4,765
- Deferred charges and accrued income -€2,053
down €2,053 (-42.4%), from €4,846 to €2,793
- Accrued charges and deferred income +€69,042
up €69,042 (+135695.3%), from €51 to €69,093
- Reserves +€10,062
up €10,062 (+46.6%), from €21,585 to €31,647
- Profit (loss) carried forward +€9,393
no longer reported in 2025 (was -€9,393)
- Tax, wage and social debts +€6,679
up €6,679 (+106.7%), from €6,258 to €12,937
- Other debts +€4,411
up €4,411 (+16.4%), from €26,900 to €31,311
- Gross operating margin +€16,546
up €16,546 (+54.2%), from €30,525 to €47,071
- Depreciation -€10,237
down €10,237 (-49.6%), from €20,647 to €10,410
- Taxes +€7,113
up €7,113 (+130.3%), from €5,458 to €12,571
- Financial charges +€846
up €846 (+159.0%), from €532 to €1,378
- Other operating charges +€734
up €734 (+29.1%), from €2,525 to €3,258
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 | €53,277 | €154,889 | +€101,611 | +190.7% |
| Fixed assets | 21/28 | €30,733 | €42,928 | +€12,195 | +39.7% |
| Tangible fixed assets | 22/27 | €30,733 | €42,928 | +€12,195 | +39.7% |
| Plant, machinery and equipment | 23 | €1,441 | €430 | -€1,011 | -70.2% |
| Furniture and vehicles | 24 | €9,008 | €27,345 | +€18,337 | +203.6% |
| Leasing and similar rights | 25 | €2,313 | - | -€2,313 | |
| Other tangible fixed assets | 26 | €17,971 | €15,154 | -€2,817 | -15.7% |
| Current assets | 29/58 | €22,544 | €111,960 | +€89,416 | +396.6% |
| Amounts receivable within one year | 40/41 | €13,042 | €16,265 | +€3,223 | +24.7% |
| Trade receivables | 40 | €11,500 | €16,265 | +€4,765 | +41.4% |
| Other amounts receivable | 41 | €1,542 | - | -€1,542 | |
| Cash at bank and in hand | 54/58 | €4,657 | €92,902 | +€88,245 | +1894.9% |
| Deferred charges and accrued income | 490/1 | €4,846 | €2,793 | -€2,053 | -42.4% |
| Total equity and liabilities | 10/49 | €53,277 | €154,889 | +€101,611 | +190.7% |
| Equity | 10/15 | €13,192 | €32,647 | +€19,455 | +147.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €21,585 | €31,647 | +€10,062 | +46.6% |
| Distributable reserves | 133 | €21,585 | €31,647 | +€10,062 | +46.6% |
| Profit (loss) carried forward | 14 | -€9,393 | - | +€9,393 | |
| Amounts payable | 17/49 | €40,085 | €122,242 | +€82,156 | +205.0% |
| Amounts payable after more than one year | 17 | - | €715 | +€715 | |
| Financial debts | 170/4 | - | €715 | +€715 | |
| Amounts payable within one year | 42/48 | €40,034 | €52,434 | +€12,400 | +31.0% |
| Current portion of amounts payable after more than one year | 42 | €1,048 | €4,188 | +€3,139 | +299.5% |
| Trade debts | 44 | €5,828 | €3,999 | -€1,829 | -31.4% |
| Suppliers | 440/4 | €5,828 | €3,999 | -€1,829 | -31.4% |
| Taxes, remuneration and social security | 45 | €6,258 | €12,937 | +€6,679 | +106.7% |
| Taxes | 450/3 | €6,258 | €12,937 | +€6,679 | +106.7% |
| Other amounts payable | 47/48 | €26,900 | €31,311 | +€4,411 | +16.4% |
| Accrued charges and deferred income | 492/3 | €51 | €69,093 | +€69,042 | +135695.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,647 | €10,410 | -€10,237 | -49.6% |
| Other operating charges | 640/8 | €2,525 | €3,258 | +€734 | +29.1% |
| Gross operating margin | 9900 | €30,525 | €47,071 | +€16,546 | +54.2% |
| Operating profit (loss) | 9901 | €7,354 | €33,403 | +€26,049 | +354.2% |
| Financial income | 75/76B | €12 | €1 | -€11 | -92.5% |
| Recurring financial income | 75 | €12 | €1 | -€11 | -92.5% |
| Financial charges | 65/66B | €532 | €1,378 | +€846 | +159.0% |
| Recurring financial charges | 65 | €532 | €1,378 | +€846 | +159.0% |
| Profit (loss) for the period before taxes | 9903 | €6,834 | €32,026 | +€25,192 | +368.6% |
| Income taxes | 67/77 | €5,458 | €12,571 | +€7,113 | +130.3% |
| Profit (loss) for the period | 9904 | €1,375 | €19,455 | +€18,080 | +1314.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,375 | €19,455 | +€18,080 | +1314.6% |
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.