MLH Production: 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.
MLH Production
Largest movements
- Cash -€16,293
down €16,293 (-12.1%), from €134,941 to €118,648
mainly Debts after one year (-€16,766) and Trade debts (-€8,221)
- Tangible fixed assets -€15,758
down €15,758 (-83.0%), from €18,988 to €3,230
of which Land and buildings: -€14,656
- Receivables within one year -€12,228
down €12,228 (-90.0%), from €13,584 to €1,357
of which Trade receivables: -€12,271
- Debts after one year -€16,766
no longer reported in 2025 (was €16,766)
- Trade debts -€8,221
down €8,221 (-98.1%), from €8,376 to €155
- Other debts -€7,949
down €7,949 (-91.8%), from €8,656 to €707
- Profit (loss) carried forward -€5,737
down €5,737 (-17.8%), from -€32,314 to -€38,051
- Current portion of long-term debt -€4,790
down €4,790 (-22.3%), from €21,518 to €16,728
- Gross operating margin -€4,438
down €4,438 (-28.8%), from €15,426 to €10,988
- Financial charges +€594
up €594 (+71.3%), from €834 to €1,428
- Depreciation -€281
down €281 (-1.8%), from €16,039 to €15,758
- Financial income +€264
up €264 (+63.3%), from €417 to €680
- Taxes +€204
new in 2025: €204
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 | €167,900 | €123,599 | -€44,301 | -26.4% |
| Fixed assets | 21/28 | €18,988 | €3,230 | -€15,758 | -83.0% |
| Tangible fixed assets | 22/27 | €18,988 | €3,230 | -€15,758 | -83.0% |
| Land and buildings | 22 | €14,656 | - | -€14,656 | |
| Furniture and vehicles | 24 | €531 | - | -€531 | |
| Other tangible fixed assets | 26 | €3,801 | €3,230 | -€571 | -15.0% |
| Current assets | 29/58 | €148,912 | €120,370 | -€28,543 | -19.2% |
| Amounts receivable within one year | 40/41 | €13,584 | €1,357 | -€12,228 | -90.0% |
| Trade receivables | 40 | €12,271 | - | -€12,271 | |
| Other amounts receivable | 41 | €1,314 | €1,357 | +€43 | +3.3% |
| Cash at bank and in hand | 54/58 | €134,941 | €118,648 | -€16,293 | -12.1% |
| Deferred charges and accrued income | 490/1 | €387 | €365 | -€22 | -5.7% |
| Total equity and liabilities | 10/49 | €167,900 | €123,599 | -€44,301 | -26.4% |
| Equity | 10/15 | €110,735 | €104,997 | -€5,737 | -5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124,449 | €124,449 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €122,589 | €122,589 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,314 | -€38,051 | -€5,737 | -17.8% |
| Amounts payable | 17/49 | €57,165 | €18,602 | -€38,563 | -67.5% |
| Amounts payable after more than one year | 17 | €16,766 | - | -€16,766 | |
| Financial debts | 170/4 | €16,766 | - | -€16,766 | |
| Amounts payable within one year | 42/48 | €40,399 | €18,602 | -€21,797 | -54.0% |
| Current portion of amounts payable after more than one year | 42 | €21,518 | €16,728 | -€4,790 | -22.3% |
| Trade debts | 44 | €8,376 | €155 | -€8,221 | -98.1% |
| Suppliers | 440/4 | €8,376 | €155 | -€8,221 | -98.1% |
| Taxes, remuneration and social security | 45 | €1,849 | €1,012 | -€837 | -45.3% |
| Taxes | 450/3 | €1,849 | - | -€1,849 | |
| Remuneration and social security | 454/9 | - | €1,012 | +€1,012 | |
| Other amounts payable | 47/48 | €8,656 | €707 | -€7,949 | -91.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,039 | €15,758 | -€281 | -1.8% |
| Other operating charges | 640/8 | - | €15 | +€15 | |
| Gross operating margin | 9900 | €15,426 | €10,988 | -€4,438 | -28.8% |
| Operating profit (loss) | 9901 | -€614 | -€4,786 | -€4,172 | -679.7% |
| Financial income | 75/76B | €417 | €680 | +€264 | +63.3% |
| Recurring financial income | 75 | €417 | €680 | +€264 | +63.3% |
| Financial charges | 65/66B | €834 | €1,428 | +€594 | +71.3% |
| Recurring financial charges | 65 | €834 | €1,428 | +€594 | +71.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,031 | -€5,533 | -€4,502 | -436.8% |
| Income taxes | 67/77 | - | €204 | +€204 | |
| Profit (loss) for the period | 9904 | -€1,031 | -€5,737 | -€4,707 | -456.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,031 | -€5,737 | -€4,707 | -456.6% |
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 4 October 2026 via checked.be.