MLC Logistics: what changed
Two fiscal 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 Logistics
Largest movements
- Deferred charges and accrued income +€1.2m
up €1.2m (+28467.0%), from €4,206 to €1.2m
- Receivables within one year -€292,562
down €292,562 (-64.7%), from €452,394 to €159,832
of which Trade receivables: -€398,292
- Intangible fixed assets -€129,566
down €129,566 (-24.5%), from €528,283 to €398,717
- Stocks and contracts +€64,224
new in 2024: €64,224
- Cash -€46,297
down €46,297 (-79.7%), from €58,102 to €11,805
mainly Deferred charges and accrued income (-€1.2m) and Stocks and contracts (-€64,224)
- Trade debts +€647,260
up €647,260 (+144.7%), from €447,235 to €1.1m
- Current portion of long-term debt +€129,602
up €129,602 (+315.8%), from €41,045 to €170,647
- Debts after one year -€45,000
down €45,000 (-17.7%), from €254,731 to €209,731
- Other debts +€31,308
new in 2024: €31,308
- Staff costs +€65,010
up €65,010 (+10.2%), from €636,839 to €701,849
- Gross operating margin -€62,722
down €62,722 (-6.4%), from €977,588 to €914,866
- Taxes -€36,137
down €36,137 (-67.4%), from €53,641 to €17,504
- Financial charges +€27,486
up €27,486 (+164.2%), from €16,736 to €44,222
- Other operating charges +€11,931
up €11,931 (+79.9%), from €14,933 to €26,864
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,120,377 | €1,883,096 | +€762,719 | +68.1% |
| Fixed assets | 21/28 | €605,675 | €445,706 | -€159,969 | -26.4% |
| Intangible fixed assets | 21 | €528,283 | €398,717 | -€129,566 | -24.5% |
| Tangible fixed assets | 22/27 | - | €9,562 | +€9,562 | |
| Furniture and vehicles | 24 | - | €9,562 | +€9,562 | |
| Financial fixed assets | 28 | €77,392 | €37,427 | -€39,965 | -51.6% |
| Current assets | 29/58 | €514,702 | €1,437,390 | +€922,688 | +179.3% |
| Stocks and contracts in progress | 3 | - | €64,224 | +€64,224 | |
| Stocks | 30/36 | - | €64,224 | +€64,224 | |
| Amounts receivable within one year | 40/41 | €452,394 | €159,832 | -€292,562 | -64.7% |
| Trade receivables | 40 | €452,148 | €53,856 | -€398,292 | -88.1% |
| Other amounts receivable | 41 | €246 | €105,976 | +€105,730 | +42979.7% |
| Cash at bank and in hand | 54/58 | €58,102 | €11,805 | -€46,297 | -79.7% |
| Deferred charges and accrued income | 490/1 | €4,206 | €1,201,529 | +€1.2m | +28467.0% |
| Total equity and liabilities | 10/49 | €1,120,377 | €1,883,096 | +€762,719 | +68.1% |
| Equity | 10/15 | €225,872 | €217,657 | -€8,215 | -3.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €125,872 | €125,872 | = | 0.0% |
| Distributable reserves | 133 | €125,872 | €125,872 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€8,215 | -€8,215 | |
| Amounts payable | 17/49 | €894,505 | €1,665,439 | +€770,934 | +86.2% |
| Amounts payable after more than one year | 17 | €254,731 | €209,731 | -€45,000 | -17.7% |
| Financial debts | 170/4 | €254,731 | €209,731 | -€45,000 | -17.7% |
| Amounts payable within one year | 42/48 | €639,774 | €1,454,348 | +€814,574 | +127.3% |
| Current portion of amounts payable after more than one year | 42 | €41,045 | €170,647 | +€129,602 | +315.8% |
| Trade debts | 44 | €447,235 | €1,094,495 | +€647,260 | +144.7% |
| Suppliers | 440/4 | €447,235 | €1,094,495 | +€647,260 | +144.7% |
| Taxes, remuneration and social security | 45 | €151,494 | €157,898 | +€6,404 | +4.2% |
| Taxes | 450/3 | €151,494 | €157,898 | +€6,404 | +4.2% |
| Other amounts payable | 47/48 | - | €31,308 | +€31,308 | |
| Accrued charges and deferred income | 492/3 | - | €1,360 | +€1,360 | |
| Remuneration, social security and pensions | 62 | €636,839 | €701,849 | +€65,010 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,567 | €132,754 | +€3,187 | +2.5% |
| Other operating charges | 640/8 | €14,933 | €26,864 | +€11,931 | +79.9% |
| Gross operating margin | 9900 | €977,588 | €914,866 | -€62,722 | -6.4% |
| Operating profit (loss) | 9901 | €196,249 | €53,399 | -€142,850 | -72.8% |
| Financial income | 75/76B | - | €112 | +€112 | |
| Recurring financial income | 75 | - | €112 | +€112 | |
| Financial charges | 65/66B | €16,736 | €44,222 | +€27,486 | +164.2% |
| Recurring financial charges | 65 | €16,736 | €44,222 | +€27,486 | +164.2% |
| Profit (loss) for the period before taxes | 9903 | €179,513 | €9,289 | -€170,224 | -94.8% |
| Income taxes | 67/77 | €53,641 | €17,504 | -€36,137 | -67.4% |
| Profit (loss) for the period | 9904 | €125,872 | -€8,215 | -€134,087 | |
| Profit (loss) for the period to be appropriated | 9905 | €125,872 | -€8,215 | -€134,087 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.