MLM Electro: 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.
MLM Electro
Largest movements
- Cash +€53,522
up €53,522 (+223%), from €24,044 to €77,566
mainly Net result for the year (+€53,360) and Depreciation (+€5,697)
- Tangible fixed assets -€5,597
down €5,597 (-24.4%), from €22,977 to €17,379
of which Furniture and vehicles: -€4,744
- Receivables within one year +€5,015
up €5,015 (+49.5%), from €10,123 to €15,138
of which Trade receivables: +€3,123
- Profit (loss) carried forward +€53,360
up €53,360 (+104%), from €51,377 to €104,737
- Trade debts -€1,999
down €1,999 (-58.0%), from €3,449 to €1,450
- Other debts +€1,768
up €1,768 (+224%), from €788 to €2,556
- Gross operating margin +€7,029
up €7,029 (+10.5%), from €67,253 to €74,282
- Depreciation +€2,790
up €2,790 (+96.0%), from €2,908 to €5,697
- Taxes +€982
up €982 (+7.9%), from €12,510 to €13,492
- Write-downs +€808
new in 2025: €808
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 | €58,614 | €111,743 | +€53,129 | +90.6% |
| Fixed assets | 21/28 | €23,376 | €17,679 | -€5,697 | -24.4% |
| Intangible fixed assets | 21 | €400 | €300 | -€100 | -25.0% |
| Tangible fixed assets | 22/27 | €22,977 | €17,379 | -€5,597 | -24.4% |
| Plant, machinery and equipment | 23 | €1,545 | €691 | -€854 | -55.2% |
| Furniture and vehicles | 24 | €21,432 | €16,688 | -€4,744 | -22.1% |
| Current assets | 29/58 | €35,238 | €94,064 | +€58,826 | +167% |
| Stocks and contracts in progress | 3 | - | €600 | +€600 | |
| Stocks | 30/36 | - | €600 | +€600 | |
| Amounts receivable within one year | 40/41 | €10,123 | €15,138 | +€5,015 | +49.5% |
| Trade receivables | 40 | €5,059 | €8,182 | +€3,123 | +61.7% |
| Other amounts receivable | 41 | €5,064 | €6,955 | +€1,892 | +37.4% |
| Cash at bank and in hand | 54/58 | €24,044 | €77,566 | +€53,522 | +223% |
| Deferred charges and accrued income | 490/1 | €1,071 | €760 | -€311 | -29.0% |
| Total equity and liabilities | 10/49 | €58,614 | €111,743 | +€53,129 | +90.6% |
| Equity | 10/15 | €54,377 | €107,737 | +€53,360 | +98.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,377 | €104,737 | +€53,360 | +104% |
| Amounts payable | 17/49 | €4,237 | €4,006 | -€232 | -5.5% |
| Amounts payable within one year | 42/48 | €4,237 | €4,006 | -€232 | -5.5% |
| Trade debts | 44 | €3,449 | €1,450 | -€1,999 | -58.0% |
| Suppliers | 440/4 | €3,449 | €1,450 | -€1,999 | -58.0% |
| Other amounts payable | 47/48 | €788 | €2,556 | +€1,768 | +224% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,908 | €5,697 | +€2,790 | +96.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €808 | +€808 | |
| Other operating charges | 640/8 | €467 | €793 | +€326 | +69.8% |
| Gross operating margin | 9900 | €67,253 | €74,282 | +€7,029 | +10.5% |
| Operating profit (loss) | 9901 | €63,878 | €66,984 | +€3,105 | +4.9% |
| Financial income | 75/76B | €11 | €0 | -€11 | -99.9% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -99.9% |
| Financial charges | 65/66B | €2 | €131 | +€129 | +5,959% |
| Recurring financial charges | 65 | €2 | €131 | +€129 | +5,959% |
| Profit (loss) for the period before taxes | 9903 | €63,887 | €66,853 | +€2,966 | +4.6% |
| Income taxes | 67/77 | €12,510 | €13,492 | +€982 | +7.9% |
| Profit (loss) for the period | 9904 | €51,377 | €53,360 | +€1,984 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €51,377 | €53,360 | +€1,984 | +3.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.