MLH 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.
MLH SERVICES
Largest movements
- Receivables within one year +€12,106
up €12,106 (+193.5%), from €6,257 to €18,363
- Cash +€10,562
up €10,562 (+32.1%), from €32,865 to €43,427
mainly Net result for the year (+€21,054) and Tax, wage and social debts (+€6,079)
- Tangible fixed assets +€3,569
up €3,569 (+65.0%), from €5,495 to €9,065
- Profit (loss) carried forward +€20,254
up €20,254 (+77.1%), from €26,263 to €46,517
- Tax, wage and social debts +€6,079
up €6,079 (+59.3%), from €10,245 to €16,324
- Trade debts -€824
down €824 (-96.1%), from €857 to €33
- Gross operating margin -€3,524
down €3,524 (-9.8%), from €35,866 to €32,342
- Other operating charges +€2,682
up €2,682 (+1875.2%), from €143 to €2,825
- Taxes -€1,321
down €1,321 (-20.0%), from €6,592 to €5,271
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 | €45,427 | €71,496 | +€26,069 | +57.4% |
| Fixed assets | 21/28 | €5,495 | €9,065 | +€3,569 | +65.0% |
| Tangible fixed assets | 22/27 | €5,495 | €9,065 | +€3,569 | +65.0% |
| Furniture and vehicles | 24 | €5,495 | €9,065 | +€3,569 | +65.0% |
| Current assets | 29/58 | €39,931 | €62,431 | +€22,500 | +56.3% |
| Amounts receivable within one year | 40/41 | €6,257 | €18,363 | +€12,106 | +193.5% |
| Trade receivables | 40 | €6,257 | €18,363 | +€12,106 | +193.5% |
| Cash at bank and in hand | 54/58 | €32,865 | €43,427 | +€10,562 | +32.1% |
| Deferred charges and accrued income | 490/1 | €809 | €641 | -€169 | -20.8% |
| Total equity and liabilities | 10/49 | €45,427 | €71,496 | +€26,069 | +57.4% |
| Equity | 10/15 | €34,263 | €54,517 | +€20,254 | +59.1% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,263 | €46,517 | +€20,254 | +77.1% |
| Amounts payable | 17/49 | €11,164 | €16,979 | +€5,815 | +52.1% |
| Amounts payable within one year | 42/48 | €11,164 | €16,979 | +€5,815 | +52.1% |
| Trade debts | 44 | €857 | €33 | -€824 | -96.1% |
| Suppliers | 440/4 | €857 | €33 | -€824 | -96.1% |
| Taxes, remuneration and social security | 45 | €10,245 | €16,324 | +€6,079 | +59.3% |
| Taxes | 450/3 | €10,245 | €16,324 | +€6,079 | +59.3% |
| Other amounts payable | 47/48 | €62 | €622 | +€560 | +903.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,868 | €3,080 | +€212 | +7.4% |
| Other operating charges | 640/8 | €143 | €2,825 | +€2,682 | +1875.2% |
| Gross operating margin | 9900 | €35,866 | €32,342 | -€3,524 | -9.8% |
| Operating profit (loss) | 9901 | €32,855 | €26,437 | -€6,418 | -19.5% |
| Financial charges | 65/66B | - | €112 | +€112 | |
| Recurring financial charges | 65 | - | €112 | +€112 | |
| Profit (loss) for the period before taxes | 9903 | €32,855 | €26,325 | -€6,531 | -19.9% |
| Income taxes | 67/77 | €6,592 | €5,271 | -€1,321 | -20.0% |
| Profit (loss) for the period | 9904 | €26,263 | €21,054 | -€5,210 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,263 | €21,054 | -€5,210 | -19.8% |
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 5 October 2026 via checked.be.