MLMY: 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.
MLMY
Largest movements
- Receivables within one year -€47,620
down €47,620 (-86.3%), from €55,163 to €7,543
- Cash +€888
up €888 (+49.0%), from €1,814 to €2,702
mainly Receivables within one year (+€47,620) and Net result for the year (+€18,836)
- Advances received -€56,561
down €56,561 (-86.4%), from €65,466 to €8,905
- Profit (loss) carried forward +€18,836
up €18,836 (+10.7%), from -€175,626 to -€156,790
- Other debts -€14,242
down €14,242 (-26.6%), from €53,598 to €39,356
- Tax, wage and social debts +€3,895
up €3,895 (+31.0%), from €12,561 to €16,456
of which Taxes: +€6,947
- Trade debts +€915
up €915 (+1.4%), from €63,584 to €64,499
- Gross operating margin -€57,092
down €57,092 (-44.5%), from €128,247 to €71,155
- Staff costs -€6,156
down €6,156 (-10.9%), from €56,313 to €50,157
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 | €64,028 | €16,766 | -€47,262 | -73.8% |
| Fixed assets | 21/28 | €6,896 | €6,521 | -€375 | -5.4% |
| Tangible fixed assets | 22/27 | €1,653 | €1,278 | -€375 | -22.7% |
| Furniture and vehicles | 24 | €1,191 | €906 | -€285 | -23.9% |
| Other tangible fixed assets | 26 | €462 | €372 | -€90 | -19.5% |
| Financial fixed assets | 28 | €5,243 | €5,243 | = | 0.0% |
| Current assets | 29/58 | €57,132 | €10,245 | -€46,887 | -82.1% |
| Stocks and contracts in progress | 3 | €155 | - | -€155 | |
| Stocks | 30/36 | €155 | - | -€155 | |
| Amounts receivable within one year | 40/41 | €55,163 | €7,543 | -€47,620 | -86.3% |
| Trade receivables | 40 | €55,163 | €7,543 | -€47,620 | -86.3% |
| Cash at bank and in hand | 54/58 | €1,814 | €2,702 | +€888 | +49.0% |
| Total equity and liabilities | 10/49 | €64,028 | €16,766 | -€47,262 | -73.8% |
| Equity | 10/15 | -€132,026 | -€113,190 | +€18,836 | +14.3% |
| Contributions | 10/11 | €43,600 | €43,600 | = | 0.0% |
| Outside capital | 11 | €43,600 | €43,600 | = | 0.0% |
| Other | 1109/19 | €43,600 | €43,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€175,626 | -€156,790 | +€18,836 | +10.7% |
| Amounts payable | 17/49 | €196,054 | €129,956 | -€66,098 | -33.7% |
| Amounts payable within one year | 42/48 | €195,209 | €129,216 | -€65,993 | -33.8% |
| Trade debts | 44 | €63,584 | €64,499 | +€915 | +1.4% |
| Suppliers | 440/4 | €63,584 | €64,499 | +€915 | +1.4% |
| Advances received on contracts in progress | 46 | €65,466 | €8,905 | -€56,561 | -86.4% |
| Taxes, remuneration and social security | 45 | €12,561 | €16,456 | +€3,895 | +31.0% |
| Taxes | 450/3 | €2,769 | €9,716 | +€6,947 | +250.9% |
| Remuneration and social security | 454/9 | €9,792 | €6,740 | -€3,052 | -31.2% |
| Other amounts payable | 47/48 | €53,598 | €39,356 | -€14,242 | -26.6% |
| Accrued charges and deferred income | 492/3 | €845 | €740 | -€105 | -12.4% |
| Remuneration, social security and pensions | 62 | €56,313 | €50,157 | -€6,156 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €555 | €374 | -€181 | -32.6% |
| Other operating charges | 640/8 | €387 | €1,316 | +€929 | +240.1% |
| Gross operating margin | 9900 | €128,247 | €71,155 | -€57,092 | -44.5% |
| Operating profit (loss) | 9901 | €70,992 | €19,308 | -€51,684 | -72.8% |
| Financial income | 75/76B | €72 | - | -€72 | |
| Recurring financial income | 75 | €72 | - | -€72 | |
| Financial charges | 65/66B | €1,042 | €472 | -€570 | -54.7% |
| Recurring financial charges | 65 | €1,042 | €472 | -€570 | -54.7% |
| Profit (loss) for the period before taxes | 9903 | €70,022 | €18,836 | -€51,186 | -73.1% |
| Profit (loss) for the period | 9904 | €70,022 | €18,836 | -€51,186 | -73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €70,022 | €18,836 | -€51,186 | -73.1% |
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.