MLK: 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.
MLK
Largest movements
- Tangible fixed assets +€46,041
up €46,041 (+21.7%), from €211,844 to €257,884
of which Land and buildings: +€44,888
- Other debts +€35,200
up €35,200 (+36.0%), from €97,643 to €132,843
- Debts after one year +€11,009
up €11,009 (+8.7%), from €125,969 to €136,978
- Profit (loss) carried forward -€6,048
down €6,048 (-35.0%), from -€17,267 to -€23,315
- Depreciation -€10,841
down €10,841 (-98.0%), from €11,067 to €225
- Gross operating margin +€4,401
up €4,401, from -€1,751 to €2,650
- Financial charges +€4,125
up €4,125 (+117%), from €3,523 to €7,648
- Other operating charges -€101
down €101 (-10.9%), from €926 to €825
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €440,672 | €485,194 | +€44,522 | +10.1% |
| Fixed assets | 21/28 | €212,785 | €258,600 | +€45,815 | +21.5% |
| Intangible fixed assets | 21 | €941 | €716 | -€225 | -24.0% |
| Tangible fixed assets | 22/27 | €211,844 | €257,884 | +€46,041 | +21.7% |
| Land and buildings | 22 | €211,844 | €256,731 | +€44,888 | +21.2% |
| Plant, machinery and equipment | 23 | - | €1,153 | +€1,153 | |
| Current assets | 29/58 | €227,887 | €226,594 | -€1,293 | -0.6% |
| Amounts receivable within one year | 40/41 | €225,655 | €225,332 | -€323 | -0.1% |
| Other amounts receivable | 41 | €225,655 | €225,332 | -€323 | -0.1% |
| Cash at bank and in hand | 54/58 | €1,387 | €386 | -€1,000 | -72.1% |
| Deferred charges and accrued income | 490/1 | €845 | €875 | +€30 | +3.6% |
| Total equity and liabilities | 10/49 | €440,672 | €485,194 | +€44,522 | +10.1% |
| Equity | 10/15 | -€12,267 | -€18,315 | -€6,048 | -49.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,267 | -€23,315 | -€6,048 | -35.0% |
| Amounts payable | 17/49 | €452,939 | €503,509 | +€50,571 | +11.2% |
| Amounts payable after more than one year | 17 | €125,969 | €136,978 | +€11,009 | +8.7% |
| Financial debts | 170/4 | €125,969 | €136,978 | +€11,009 | +8.7% |
| Amounts payable within one year | 42/48 | €326,969 | €366,531 | +€39,561 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €6,444 | €9,910 | +€3,466 | +53.8% |
| Trade debts | 44 | €222,882 | €223,777 | +€895 | +0.4% |
| Suppliers | 440/4 | €222,882 | €223,777 | +€895 | +0.4% |
| Other amounts payable | 47/48 | €97,643 | €132,843 | +€35,200 | +36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,067 | €225 | -€10,841 | -98.0% |
| Other operating charges | 640/8 | €926 | €825 | -€101 | -10.9% |
| Gross operating margin | 9900 | -€1,751 | €2,650 | +€4,401 | |
| Operating profit (loss) | 9901 | -€13,744 | €1,600 | +€15,344 | |
| Financial charges | 65/66B | €3,523 | €7,648 | +€4,125 | +117% |
| Recurring financial charges | 65 | €3,523 | €7,648 | +€4,125 | +117% |
| Profit (loss) for the period before taxes | 9903 | -€17,267 | -€6,048 | +€11,219 | +65.0% |
| Profit (loss) for the period | 9904 | -€17,267 | -€6,048 | +€11,219 | +65.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,267 | -€6,048 | +€11,219 | +65.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.