MLD Services: 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.
MLD Services
Largest movements
- Stocks and contracts +€30,200
new in 2025: €30,200
- Receivables within one year -€23,014
down €23,014 (-84.9%), from €27,120 to €4,106
of which Trade receivables: -€20,429
- Tangible fixed assets +€18,133
up €18,133 (+786.0%), from €2,307 to €20,440
of which Furniture and vehicles: +€18,472
- Cash +€5,239
up €5,239 (+6956.7%), from €75 to €5,314
mainly Receivables within one year (+€23,014) and Trade debts (+€14,701)
- Trade debts +€14,701
up €14,701 (+132.4%), from €11,099 to €25,800
- Profit (loss) carried forward +€9,411
up €9,411 (+87.5%), from €10,753 to €20,163
- Advances received +€3,243
new in 2025: €3,243
- Tax, wage and social debts +€2,400
up €2,400 (+90.6%), from €2,650 to €5,050
- Other debts +€1,670
new in 2025: €1,670
- Other operating charges +€4,847
up €4,847 (+1251.4%), from €387 to €5,235
- Gross operating margin +€3,332
up €3,332 (+22.2%), from €14,983 to €18,315
- Taxes -€250
down €250 (-9.4%), from €2,650 to €2,400
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 | €29,502 | €60,926 | +€31,424 | +106.5% |
| Fixed assets | 21/28 | €2,307 | €20,965 | +€18,658 | +808.8% |
| Tangible fixed assets | 22/27 | €2,307 | €20,440 | +€18,133 | +786.0% |
| Furniture and vehicles | 24 | - | €18,472 | +€18,472 | |
| Other tangible fixed assets | 26 | €2,307 | €1,968 | -€339 | -14.7% |
| Financial fixed assets | 28 | - | €525 | +€525 | |
| Current assets | 29/58 | €27,195 | €39,961 | +€12,766 | +46.9% |
| Stocks and contracts in progress | 3 | - | €30,200 | +€30,200 | |
| Stocks | 30/36 | - | €30,200 | +€30,200 | |
| Amounts receivable within one year | 40/41 | €27,120 | €4,106 | -€23,014 | -84.9% |
| Trade receivables | 40 | €20,429 | - | -€20,429 | |
| Other amounts receivable | 41 | €6,691 | €4,106 | -€2,585 | -38.6% |
| Cash at bank and in hand | 54/58 | €75 | €5,314 | +€5,239 | +6956.7% |
| Deferred charges and accrued income | 490/1 | - | €341 | +€341 | |
| Total equity and liabilities | 10/49 | €29,502 | €60,926 | +€31,424 | +106.5% |
| Equity | 10/15 | €15,753 | €25,163 | +€9,411 | +59.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,753 | €20,163 | +€9,411 | +87.5% |
| Amounts payable | 17/49 | €13,749 | €35,763 | +€22,013 | +160.1% |
| Amounts payable within one year | 42/48 | €13,749 | €35,763 | +€22,013 | +160.1% |
| Trade debts | 44 | €11,099 | €25,800 | +€14,701 | +132.4% |
| Suppliers | 440/4 | €11,099 | €25,800 | +€14,701 | +132.4% |
| Advances received on contracts in progress | 46 | - | €3,243 | +€3,243 | |
| Taxes, remuneration and social security | 45 | €2,650 | €5,050 | +€2,400 | +90.6% |
| Taxes | 450/3 | €2,650 | €5,050 | +€2,400 | +90.6% |
| Other amounts payable | 47/48 | - | €1,670 | +€1,670 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,240 | €1,059 | -€182 | -14.6% |
| Other operating charges | 640/8 | €387 | €5,235 | +€4,847 | +1251.4% |
| Gross operating margin | 9900 | €14,983 | €18,315 | +€3,332 | +22.2% |
| Operating profit (loss) | 9901 | €13,355 | €12,022 | -€1,333 | -10.0% |
| Financial income | 75/76B | €153 | €4 | -€149 | -97.5% |
| Recurring financial income | 75 | €153 | €4 | -€149 | -97.5% |
| Financial charges | 65/66B | €106 | €215 | +€109 | +103.5% |
| Recurring financial charges | 65 | €106 | €215 | +€109 | +103.5% |
| Profit (loss) for the period before taxes | 9903 | €13,403 | €11,811 | -€1,592 | -11.9% |
| Income taxes | 67/77 | €2,650 | €2,400 | -€250 | -9.4% |
| Profit (loss) for the period | 9904 | €10,753 | €9,411 | -€1,342 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,753 | €9,411 | -€1,342 | -12.5% |
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 9 October 2026 via checked.be.