MLE PRODUCTS: 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.
MLE PRODUCTS
Largest movements
- Cash -€85,104
down €85,104 (-13.2%), from €646,040 to €560,936
mainly Trade debts (-€152,082) and Receivables after one year (-€52,000)
- Receivables within one year -€82,682
down €82,682 (-51.3%), from €161,282 to €78,600
of which Trade receivables: -€43,621
- Receivables after one year +€52,000
up €52,000 (+21.5%), from €241,500 to €293,500
- Trade debts -€152,082
down €152,082 (-75.1%), from €202,635 to €50,553
- Other debts +€27,649
up €27,649 (+113%), from €24,436 to €52,085
- Reserves +€26,281
up €26,281 (+3.8%), from €697,184 to €723,466
of which Distributable reserves: +€26,281
- Provisions +€70,943
up €70,943 (+87.4%), from -€81,194 to -€10,251
- Taxes -€25,763
down €25,763 (-75.7%), from €34,014 to €8,251
- Financial income +€7,984
up €7,984 (+580%), from €1,376 to €9,360
- Gross operating margin +€7,121
up €7,121 (+65.1%), from €10,943 to €18,064
- Other operating charges -€6,688
down €6,688 (-74.4%), from €8,993 to €2,305
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 | €1,050,168 | €933,648 | -€116,521 | -11.1% |
| Fixed assets | 21/28 | €1,346 | €611 | -€735 | -54.6% |
| Tangible fixed assets | 22/27 | €1,346 | €611 | -€735 | -54.6% |
| Plant, machinery and equipment | 23 | €821 | €425 | -€396 | -48.2% |
| Furniture and vehicles | 24 | €426 | €186 | -€239 | -56.2% |
| Other tangible fixed assets | 26 | €99 | - | -€99 | |
| Current assets | 29/58 | €1,048,822 | €933,036 | -€115,786 | -11.0% |
| Amounts receivable after more than one year | 29 | €241,500 | €293,500 | +€52,000 | +21.5% |
| Other amounts receivable | 291 | €241,500 | €293,500 | +€52,000 | +21.5% |
| Amounts receivable within one year | 40/41 | €161,282 | €78,600 | -€82,682 | -51.3% |
| Trade receivables | 40 | €118,388 | €74,766 | -€43,621 | -36.8% |
| Other amounts receivable | 41 | €42,894 | €3,834 | -€39,061 | -91.1% |
| Cash at bank and in hand | 54/58 | €646,040 | €560,936 | -€85,104 | -13.2% |
| Total equity and liabilities | 10/49 | €1,050,168 | €933,648 | -€116,521 | -11.1% |
| Equity | 10/15 | €772,612 | €798,893 | +€26,281 | +3.4% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €697,184 | €723,466 | +€26,281 | +3.8% |
| Non-distributable reserves | 130/1 | €650 | €650 | = | 0.0% |
| Reserves not available under the articles | 1311 | €650 | €650 | = | 0.0% |
| Distributable reserves | 133 | €696,534 | €722,816 | +€26,281 | +3.8% |
| Profit (loss) carried forward | 14 | €62,427 | €62,427 | = | 0.0% |
| Provisions and deferred taxes | 16 | €17,144 | €6,893 | -€10,251 | -59.8% |
| Provisions for liabilities and charges | 160/5 | €17,144 | €6,893 | -€10,251 | -59.8% |
| Environmental obligations | 163 | €17,144 | €6,893 | -€10,251 | -59.8% |
| Amounts payable | 17/49 | €260,413 | €127,862 | -€132,551 | -50.9% |
| Amounts payable within one year | 42/48 | €260,413 | €127,862 | -€132,551 | -50.9% |
| Trade debts | 44 | €202,635 | €50,553 | -€152,082 | -75.1% |
| Suppliers | 440/4 | €202,635 | €50,553 | -€152,082 | -75.1% |
| Advances received on contracts in progress | 46 | €1,186 | - | -€1,186 | |
| Taxes, remuneration and social security | 45 | €32,156 | €25,223 | -€6,933 | -21.6% |
| Taxes | 450/3 | €30,756 | €22,423 | -€8,333 | -27.1% |
| Remuneration and social security | 454/9 | €1,400 | €2,800 | +€1,400 | +100% |
| Other amounts payable | 47/48 | €24,436 | €52,085 | +€27,649 | +113% |
| Non-recurring operating income | 76A | €1,333 | €1,659 | +€326 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €885 | €735 | -€151 | -17.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€81,194 | -€10,251 | +€70,943 | +87.4% |
| Other operating charges | 640/8 | €8,993 | €2,305 | -€6,688 | -74.4% |
| Gross operating margin | 9900 | €10,943 | €18,064 | +€7,121 | +65.1% |
| Operating profit (loss) | 9901 | €82,258 | €25,274 | -€56,984 | -69.3% |
| Financial income | 75/76B | €1,376 | €9,360 | +€7,984 | +580% |
| Recurring financial income | 75 | €1,376 | €9,360 | +€7,984 | +580% |
| Financial charges | 65/66B | €1,783 | €103 | -€1,680 | -94.2% |
| Recurring financial charges | 65 | €1,783 | €103 | -€1,680 | -94.2% |
| Profit (loss) for the period before taxes | 9903 | €81,852 | €34,532 | -€47,320 | -57.8% |
| Income taxes | 67/77 | €34,014 | €8,251 | -€25,763 | -75.7% |
| Profit (loss) for the period | 9904 | €47,838 | €26,281 | -€21,557 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,838 | €26,281 | -€21,557 | -45.1% |
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 21 October 2026 via checked.be.