MLGC: 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.
MLGC
Largest movements
- Stocks and contracts -€184,484
down €184,484 (-7.0%), from €2.6m to €2.5m
- Short-term financial debts -€272,419
down €272,419 (-15.0%), from €1.8m to €1.5m
- Trade debts +€72,173
up €72,173 (+133%), from €54,411 to €126,583
- Other debts +€36,693
up €36,693 (+4.3%), from €860,210 to €896,903
- Profit (loss) carried forward -€34,585
down €34,585 (-141%), from -€24,616 to -€59,201
- Financial charges +€38,942
up €38,942 (+36.5%), from €106,648 to €145,590
- Gross operating margin +€10,733
up €10,733 (+10.7%), from €100,397 to €111,131
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 | €2,711,943 | €2,513,810 | -€198,133 | -7.3% |
| Fixed assets | 21/28 | €22,500 | €22,500 | = | 0.0% |
| Financial fixed assets | 28 | €22,500 | €22,500 | = | 0.0% |
| Current assets | 29/58 | €2,689,443 | €2,491,310 | -€198,133 | -7.4% |
| Stocks and contracts in progress | 3 | €2,643,466 | €2,458,982 | -€184,484 | -7.0% |
| Stocks | 30/36 | €2,643,466 | €2,458,982 | -€184,484 | -7.0% |
| Amounts receivable within one year | 40/41 | €42,991 | €27,991 | -€15,001 | -34.9% |
| Other amounts receivable | 41 | €42,991 | €27,991 | -€15,001 | -34.9% |
| Cash at bank and in hand | 54/58 | €2,986 | €4,338 | +€1,352 | +45.3% |
| Total equity and liabilities | 10/49 | €2,711,943 | €2,513,810 | -€198,133 | -7.3% |
| Equity | 10/15 | -€19,616 | -€54,201 | -€34,585 | -176% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,616 | -€59,201 | -€34,585 | -141% |
| Amounts payable | 17/49 | €2,731,558 | €2,568,011 | -€163,548 | -6.0% |
| Amounts payable within one year | 42/48 | €2,731,558 | €2,568,011 | -€163,548 | -6.0% |
| Financial debts | 43 | €1,816,405 | €1,543,987 | -€272,419 | -15.0% |
| Credit institutions | 430/8 | €1,816,405 | €1,543,987 | -€272,419 | -15.0% |
| Trade debts | 44 | €54,411 | €126,583 | +€72,173 | +133% |
| Suppliers | 440/4 | €54,411 | €126,583 | +€72,173 | +133% |
| Taxes, remuneration and social security | 45 | €532 | €537 | +€5 | +1.0% |
| Taxes | 450/3 | €532 | €537 | +€5 | +1.0% |
| Other amounts payable | 47/48 | €860,210 | €896,903 | +€36,693 | +4.3% |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | €100,397 | €111,131 | +€10,733 | +10.7% |
| Operating profit (loss) | 9901 | €100,282 | €111,005 | +€10,722 | +10.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €106,648 | €145,590 | +€38,942 | +36.5% |
| Recurring financial charges | 65 | €106,648 | €145,590 | +€38,942 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,365 | -€34,585 | -€28,220 | -443% |
| Profit (loss) for the period | 9904 | -€6,365 | -€34,585 | -€28,220 | -443% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,365 | -€34,585 | -€28,220 | -443% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.