MLM Promotions: 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 Promotions
Largest movements
- Cash -€34,667
down €34,667 (-62.5%), from €55,462 to €20,795
mainly Receivables within one year (-€21,910) and Current portion of long-term debt (-€20,000)
- Receivables within one year +€21,910
up €21,910 (+5,640%), from €388 to €22,299
of which Other amounts receivable: +€15,129
- Deferred charges and accrued income -€9,056
down €9,056 (-80.3%), from €11,281 to €2,225
- Reserves +€27,858
up €27,858 (+15.8%), from €175,779 to €203,637
- Current portion of long-term debt -€20,000
down €20,000 (-66.7%), from €30,000 to €10,000
- Other debts -€12,249
down €12,249 (-16.7%), from €73,276 to €61,027
- Advances received -€10,285
down €10,285 (-100%), from €10,285 to €0
- Tax, wage and social debts -€8,958
down €8,958 (-44.2%), from €20,270 to €11,312
of which Taxes: -€9,504
- Gross operating margin -€104,800
down €104,800 (-78.4%), from €133,661 to €28,861
- Taxes -€27,587
down €27,587 (-77.7%), from €35,524 to €7,937
- Financial income +€24,248
up €24,248 (+14,723%), from €165 to €24,413
- Staff costs +€2,075
up €2,075 (+28.1%), from €7,374 to €9,448
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 | €318,376 | €294,724 | -€23,652 | -7.4% |
| Fixed assets | 21/28 | €251,244 | €249,405 | -€1,839 | -0.7% |
| Tangible fixed assets | 22/27 | €7,194 | €5,355 | -€1,839 | -25.6% |
| Plant, machinery and equipment | 23 | €1,933 | €1,455 | -€478 | -24.7% |
| Furniture and vehicles | 24 | €3,093 | €1,983 | -€1,110 | -35.9% |
| Other tangible fixed assets | 26 | €2,169 | €1,917 | -€252 | -11.6% |
| Financial fixed assets | 28 | €244,050 | €244,050 | = | 0.0% |
| Current assets | 29/58 | €67,132 | €45,319 | -€21,813 | -32.5% |
| Amounts receivable within one year | 40/41 | €388 | €22,299 | +€21,910 | +5,640% |
| Trade receivables | 40 | €219 | €7,000 | +€6,781 | +3,102% |
| Other amounts receivable | 41 | €170 | €15,299 | +€15,129 | +8,906% |
| Cash at bank and in hand | 54/58 | €55,462 | €20,795 | -€34,667 | -62.5% |
| Deferred charges and accrued income | 490/1 | €11,281 | €2,225 | -€9,056 | -80.3% |
| Total equity and liabilities | 10/49 | €318,376 | €294,724 | -€23,652 | -7.4% |
| Equity | 10/15 | €183,034 | €210,892 | +€27,858 | +15.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €175,779 | €203,637 | +€27,858 | +15.8% |
| Distributable reserves | 133 | €175,779 | €203,637 | +€27,858 | +15.8% |
| Profit (loss) carried forward | 14 | €5,255 | €5,255 | = | 0.0% |
| Amounts payable | 17/49 | €135,342 | €83,832 | -€51,510 | -38.1% |
| Amounts payable within one year | 42/48 | €135,021 | €83,419 | -€51,602 | -38.2% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €10,000 | -€20,000 | -66.7% |
| Trade debts | 44 | €1,191 | €1,081 | -€110 | -9.2% |
| Suppliers | 440/4 | €1,191 | €1,081 | -€110 | -9.2% |
| Advances received on contracts in progress | 46 | €10,285 | €0 | -€10,285 | -100% |
| Taxes, remuneration and social security | 45 | €20,270 | €11,312 | -€8,958 | -44.2% |
| Taxes | 450/3 | €16,592 | €7,088 | -€9,504 | -57.3% |
| Remuneration and social security | 454/9 | €3,677 | €4,223 | +€546 | +14.8% |
| Other amounts payable | 47/48 | €73,276 | €61,027 | -€12,249 | -16.7% |
| Accrued charges and deferred income | 492/3 | €321 | €413 | +€92 | +28.7% |
| Remuneration, social security and pensions | 62 | €7,374 | €9,448 | +€2,075 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,817 | €1,839 | +€22 | +1.2% |
| Other operating charges | 640/8 | €713 | €967 | +€254 | +35.6% |
| Gross operating margin | 9900 | €133,661 | €28,861 | -€104,800 | -78.4% |
| Operating profit (loss) | 9901 | €123,757 | €16,606 | -€107,151 | -86.6% |
| Financial income | 75/76B | €165 | €24,413 | +€24,248 | +14,723% |
| Recurring financial income | 75 | €165 | €24,413 | +€24,248 | +14,723% |
| Financial charges | 65/66B | €6,376 | €5,224 | -€1,152 | -18.1% |
| Recurring financial charges | 65 | €6,376 | €5,224 | -€1,152 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €117,546 | €35,795 | -€81,751 | -69.5% |
| Income taxes | 67/77 | €35,524 | €7,937 | -€27,587 | -77.7% |
| Profit (loss) for the period | 9904 | €82,022 | €27,858 | -€54,164 | -66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €82,022 | €27,858 | -€54,164 | -66.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.