MLD IMAGERIE: 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.
MLD IMAGERIE
Largest movements
- Cash +€8,607
up €8,607 (+3.4%), from €255,913 to €264,520
mainly Net result for the year (+€224,746) and Other debts (+€40,000)
- Tangible fixed assets +€6,804
up €6,804 (+17.9%), from €38,117 to €44,921
- Other debts +€40,000
up €40,000 (+20.0%), from €200,000 to €240,000
- Profit (loss) carried forward -€15,254
down €15,254 (-39.7%), from €38,407 to €23,153
- Debts after one year -€10,319
down €10,319 (-92.3%), from €11,184 to €865
- Gross operating margin +€19,779
up €19,779 (+6.9%), from €287,676 to €307,455
- Taxes +€4,632
up €4,632 (+7.2%), from €64,563 to €69,195
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.
Derived cash bridge
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 | €297,536 | €312,382 | +€14,846 | +5.0% |
| Fixed assets | 21/28 | €38,117 | €44,921 | +€6,804 | +17.9% |
| Tangible fixed assets | 22/27 | €38,117 | €44,921 | +€6,804 | +17.9% |
| Furniture and vehicles | 24 | €38,117 | €44,921 | +€6,804 | +17.9% |
| Current assets | 29/58 | €259,419 | €267,461 | +€8,042 | +3.1% |
| Amounts receivable within one year | 40/41 | €3,506 | €2,689 | -€817 | -23.3% |
| Other amounts receivable | 41 | €3,506 | €2,689 | -€817 | -23.3% |
| Cash at bank and in hand | 54/58 | €255,913 | €264,520 | +€8,607 | +3.4% |
| Deferred charges and accrued income | 490/1 | - | €252 | +€252 | |
| Total equity and liabilities | 10/49 | €297,536 | €312,382 | +€14,846 | +5.0% |
| Equity | 10/15 | €58,867 | €43,613 | -€15,254 | -25.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,407 | €23,153 | -€15,254 | -39.7% |
| Amounts payable | 17/49 | €238,669 | €268,769 | +€30,100 | +12.6% |
| Amounts payable after more than one year | 17 | €11,184 | €865 | -€10,319 | -92.3% |
| Financial debts | 170/4 | €11,184 | €865 | -€10,319 | -92.3% |
| Amounts payable within one year | 42/48 | €227,485 | €267,904 | +€40,419 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €10,219 | €10,320 | +€101 | +1.0% |
| Trade debts | 44 | - | €2,100 | +€2,100 | |
| Suppliers | 440/4 | - | €2,100 | +€2,100 | |
| Taxes, remuneration and social security | 45 | €17,266 | €15,484 | -€1,782 | -10.3% |
| Taxes | 450/3 | €17,266 | €15,484 | -€1,782 | -10.3% |
| Other amounts payable | 47/48 | €200,000 | €240,000 | +€40,000 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,492 | €13,892 | +€1,400 | +11.2% |
| Other operating charges | 640/8 | - | €133 | +€133 | |
| Gross operating margin | 9900 | €287,676 | €307,455 | +€19,779 | +6.9% |
| Operating profit (loss) | 9901 | €275,184 | €293,430 | +€18,246 | +6.6% |
| Financial income | 75/76B | €1,113 | €760 | -€353 | -31.7% |
| Recurring financial income | 75 | €1,113 | €760 | -€353 | -31.7% |
| Financial charges | 65/66B | €379 | €249 | -€130 | -34.3% |
| Recurring financial charges | 65 | €379 | €249 | -€130 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €275,918 | €293,941 | +€18,023 | +6.5% |
| Income taxes | 67/77 | €64,563 | €69,195 | +€4,632 | +7.2% |
| Profit (loss) for the period | 9904 | €211,355 | €224,746 | +€13,391 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €211,355 | €224,746 | +€13,391 | +6.3% |
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 20 October 2026 via checked.be.