MLCC: 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.
MLCC
Largest movements
- Receivables within one year -€62,444
down €62,444 (-31.4%), from €198,812 to €136,368
of which Trade receivables: -€56,835
- Cash +€7,927
up €7,927 (+173.5%), from €4,570 to €12,497
mainly Receivables within one year (+€62,444) and Depreciation (+€4,721)
- Deferred charges and accrued income +€7,092
up €7,092 (+426.6%), from €1,662 to €8,754
- Other debts -€32,993
down €32,993 (-57.8%), from €57,036 to €24,043
- Debts after one year -€8,638
no longer reported in 2025 (was €8,638)
- Tax, wage and social debts -€4,033
down €4,033 (-51.2%), from €7,879 to €3,847
- Short-term financial debts -€3,320
no longer reported in 2025 (was €3,320)
- Profit (loss) carried forward +€2,928
up €2,928 (+2.9%), from €102,290 to €105,218
- Gross operating margin -€255,203
down €255,203 (-95.0%), from €268,517 to €13,314
- Write-downs -€174,553
no longer reported in 2025 (was €174,553)
- Other operating charges -€8,779
down €8,779 (-80.3%), from €10,930 to €2,152
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 | €213,180 | €164,865 | -€48,315 | -22.7% |
| Fixed assets | 21/28 | €8,135 | €7,246 | -€889 | -10.9% |
| Tangible fixed assets | 22/27 | €8,135 | €7,246 | -€889 | -10.9% |
| Plant, machinery and equipment | 23 | €3,342 | €2,870 | -€472 | -14.1% |
| Furniture and vehicles | 24 | €4,793 | €4,375 | -€417 | -8.7% |
| Current assets | 29/58 | €205,045 | €157,619 | -€47,426 | -23.1% |
| Amounts receivable within one year | 40/41 | €198,812 | €136,368 | -€62,444 | -31.4% |
| Trade receivables | 40 | €186,516 | €129,681 | -€56,835 | -30.5% |
| Other amounts receivable | 41 | €12,296 | €6,687 | -€5,609 | -45.6% |
| Cash at bank and in hand | 54/58 | €4,570 | €12,497 | +€7,927 | +173.5% |
| Deferred charges and accrued income | 490/1 | €1,662 | €8,754 | +€7,092 | +426.6% |
| Total equity and liabilities | 10/49 | €213,180 | €164,865 | -€48,315 | -22.7% |
| Equity | 10/15 | €122,750 | €125,678 | +€2,928 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €102,290 | €105,218 | +€2,928 | +2.9% |
| Amounts payable | 17/49 | €90,430 | €39,186 | -€51,243 | -56.7% |
| Amounts payable after more than one year | 17 | €8,638 | - | -€8,638 | |
| Financial debts | 170/4 | €8,638 | - | -€8,638 | |
| Amounts payable within one year | 42/48 | €81,792 | €39,186 | -€42,605 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | €11,427 | €8,638 | -€2,789 | -24.4% |
| Financial debts | 43 | €3,320 | - | -€3,320 | |
| Credit institutions | 430/8 | €3,320 | - | -€3,320 | |
| Trade debts | 44 | €2,130 | €2,659 | +€529 | +24.8% |
| Suppliers | 440/4 | €2,130 | €2,659 | +€529 | +24.8% |
| Taxes, remuneration and social security | 45 | €7,879 | €3,847 | -€4,033 | -51.2% |
| Taxes | 450/3 | €7,879 | €3,847 | -€4,033 | -51.2% |
| Other amounts payable | 47/48 | €57,036 | €24,043 | -€32,993 | -57.8% |
| Non-recurring operating income | 76A | €198,000 | - | -€198,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,687 | €4,721 | +€34 | +0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €174,553 | - | -€174,553 | |
| Other operating charges | 640/8 | €10,930 | €2,152 | -€8,779 | -80.3% |
| Non-recurring operating charges | 66A | €1,011 | - | -€1,011 | |
| Gross operating margin | 9900 | €268,517 | €13,314 | -€255,203 | -95.0% |
| Operating profit (loss) | 9901 | €77,335 | €6,441 | -€70,894 | -91.7% |
| Financial income | 75/76B | €0 | €18 | +€18 | +11012.5% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +11012.5% |
| Financial charges | 65/66B | €4,309 | €3,213 | -€1,096 | -25.4% |
| Recurring financial charges | 65 | €4,309 | €3,213 | -€1,096 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €73,027 | €3,246 | -€69,781 | -95.6% |
| Income taxes | 67/77 | €500 | €318 | -€182 | -36.4% |
| Profit (loss) for the period | 9904 | €72,527 | €2,928 | -€69,599 | -96.0% |
| Profit (loss) for the period to be appropriated | 9905 | €72,527 | €2,928 | -€69,599 | -96.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.