MLG accountants: what changed
What changed
MLG accountants
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
€184,048
2024 · €136,554+€47,494
Equity
€1,000
2024 · €1,000
Cash
€85,968
2024 · €26,117+€59,851
Balance sheet total
€332,782
2024 · €311,878+€20,905
Largest movements
Assets
- Cash +€59,851
up €59,851 (+229%), from €26,117 to €85,968
mainly Net result for the year (+€184,048) and Current investments (+€50,000)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Tangible fixed assets +€8,501
up €8,501 (+4.0%), from €213,280 to €221,780
of which Land and buildings: +€8,815
Equity and liabilities
- Other debts +€40,146
up €40,146 (+27.9%), from €143,902 to €184,048
- Debts after one year -€13,061
down €13,061 (-9.4%), from €139,526 to €126,466
- Current portion of long-term debt -€7,504
down €7,504 (-36.5%), from €20,564 to €13,061
Income statement
- Gross operating margin +€60,754
up €60,754 (+31.9%), from €190,728 to €251,482
- Taxes +€15,823
up €15,823 (+38.9%), from €40,709 to €56,532
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€136,554
Gross operating margin
+€60,754
Depreciation
+€74
Other operating charges
-€153
Financial income
+€228
Financial charges
+€2,415
Taxes
-€15,823
Result 2025
€184,048
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€230,563
Investment
+€33,900
Financing
-€204,612
Cash 2024
€26,117
From operations (derived)
+€230,563
Net result for the year
+€184,048
Depreciation
+€7,599
Receivables within one year
-€991
Deferred charges and accrued income
-€1,562
Trade debts
+€192
Tax, wage and social debts
+€1,131
Other debts
+€40,146
Investment (derived)
+€33,900
Investment in fixed assets (net)
-€16,100
Current investments
+€50,000
Financing
-€204,612
Debts after one year
-€13,061
Current portion of long-term debt
-€7,504
Contributions, distributions and other
-€184,048
Cash 2025
€85,968
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €311,878 | €332,782 | +€20,905 | +6.7% |
| Fixed assets | 21/28 | €213,280 | €221,780 | +€8,501 | +4.0% |
| Tangible fixed assets | 22/27 | €213,280 | €221,780 | +€8,501 | +4.0% |
| Land and buildings | 22 | €212,651 | €221,466 | +€8,815 | +4.1% |
| Plant, machinery and equipment | 23 | €629 | €314 | -€314 | -50.0% |
| Current assets | 29/58 | €98,598 | €111,002 | +€12,404 | +12.6% |
| Amounts receivable within one year | 40/41 | €22,481 | €23,472 | +€991 | +4.4% |
| Trade receivables | 40 | €22,225 | €23,472 | +€1,247 | +5.6% |
| Other amounts receivable | 41 | €256 | - | -€256 | |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €26,117 | €85,968 | +€59,851 | +229% |
| Deferred charges and accrued income | 490/1 | - | €1,562 | +€1,562 | |
| Total equity and liabilities | 10/49 | €311,878 | €332,782 | +€20,905 | +6.7% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable | 17/49 | €310,878 | €331,782 | +€20,905 | +6.7% |
| Amounts payable after more than one year | 17 | €139,526 | €126,466 | -€13,061 | -9.4% |
| Financial debts | 170/4 | €139,526 | €126,466 | -€13,061 | -9.4% |
| Amounts payable within one year | 42/48 | €171,352 | €205,317 | +€33,965 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €20,564 | €13,061 | -€7,504 | -36.5% |
| Trade debts | 44 | €440 | €632 | +€192 | +43.6% |
| Suppliers | 440/4 | €440 | €632 | +€192 | +43.6% |
| Taxes, remuneration and social security | 45 | €6,445 | €7,576 | +€1,131 | +17.5% |
| Taxes | 450/3 | €6,445 | €7,576 | +€1,131 | +17.5% |
| Other amounts payable | 47/48 | €143,902 | €184,048 | +€40,146 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,673 | €7,599 | -€74 | -1.0% |
| Other operating charges | 640/8 | €1,159 | €1,312 | +€153 | +13.2% |
| Gross operating margin | 9900 | €190,728 | €251,482 | +€60,754 | +31.9% |
| Operating profit (loss) | 9901 | €181,896 | €242,570 | +€60,674 | +33.4% |
| Financial income | 75/76B | €495 | €723 | +€228 | +46.1% |
| Recurring financial income | 75 | €495 | €723 | +€228 | +46.1% |
| Financial charges | 65/66B | €5,129 | €2,713 | -€2,415 | -47.1% |
| Recurring financial charges | 65 | €5,129 | €2,713 | -€2,415 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €177,263 | €240,580 | +€63,317 | +35.7% |
| Income taxes | 67/77 | €40,709 | €56,532 | +€15,823 | +38.9% |
| Profit (loss) for the period | 9904 | €136,554 | €184,048 | +€47,494 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €136,554 | €184,048 | +€47,494 | +34.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.