MLN NUC: 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.
MLN NUC
Largest movements
- Receivables after one year +€69,556
up €69,556 (+228.5%), from €30,444 to €100,000
of which Other amounts receivable: +€100,000
- Receivables within one year +€17,007
new in 2025: €17,007
- Cash +€14,693
up €14,693 (+15.9%), from €92,370 to €107,063
mainly Net result for the year (+€93,656) and Tax, wage and social debts (+€10,955)
- Tangible fixed assets +€2,869
up €2,869 (+333.2%), from €861 to €3,730
of which Plant, machinery and equipment: +€2,631
- Reserves +€93,656
up €93,656 (+100.8%), from €92,949 to €186,605
- Tax, wage and social debts +€10,955
up €10,955 (+42.6%), from €25,731 to €36,686
No income-statement line moved by more than 1% of the activity.
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 | €124,321 | €229,279 | +€104,958 | +84.4% |
| Formation expenses | 20 | €587 | €419 | -€168 | -28.6% |
| Fixed assets | 21/28 | €861 | €3,730 | +€2,869 | +333.2% |
| Tangible fixed assets | 22/27 | €861 | €3,730 | +€2,869 | +333.2% |
| Plant, machinery and equipment | 23 | - | €2,631 | +€2,631 | |
| Furniture and vehicles | 24 | €861 | €1,099 | +€238 | +27.6% |
| Current assets | 29/58 | €122,873 | €225,130 | +€102,257 | +83.2% |
| Amounts receivable after more than one year | 29 | €30,444 | €100,000 | +€69,556 | +228.5% |
| Trade receivables | 290 | €30,444 | - | -€30,444 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | - | €17,007 | +€17,007 | |
| Trade receivables | 40 | - | €17,007 | +€17,007 | |
| Cash at bank and in hand | 54/58 | €92,370 | €107,063 | +€14,693 | +15.9% |
| Deferred charges and accrued income | 490/1 | €59 | €1,060 | +€1,000 | +1687.4% |
| Total equity and liabilities | 10/49 | €124,321 | €229,279 | +€104,958 | +84.4% |
| Equity | 10/15 | €97,949 | €191,605 | +€93,656 | +95.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €92,949 | €186,605 | +€93,656 | +100.8% |
| Distributable reserves | 133 | €92,949 | €186,605 | +€93,656 | +100.8% |
| Amounts payable | 17/49 | €26,372 | €37,674 | +€11,301 | +42.9% |
| Amounts payable within one year | 42/48 | €26,372 | €37,674 | +€11,301 | +42.9% |
| Trade debts | 44 | €414 | €424 | +€9 | +2.3% |
| Suppliers | 440/4 | €414 | €424 | +€9 | +2.3% |
| Taxes, remuneration and social security | 45 | €25,731 | €36,686 | +€10,955 | +42.6% |
| Taxes | 450/3 | €25,731 | €36,686 | +€10,955 | +42.6% |
| Other amounts payable | 47/48 | €227 | €564 | +€337 | +148.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €748 | €981 | +€233 | +31.1% |
| Other operating charges | 640/8 | €822 | €400 | -€422 | -51.4% |
| Gross operating margin | 9900 | €135,101 | €134,409 | -€691 | -0.5% |
| Operating profit (loss) | 9901 | €133,531 | €133,029 | -€502 | -0.4% |
| Financial income | 75/76B | €0 | €993 | +€993 | +9934100.0% |
| Recurring financial income | 75 | €0 | €993 | +€993 | +9934100.0% |
| Financial charges | 65/66B | €1,617 | €2,095 | +€478 | +29.5% |
| Recurring financial charges | 65 | €1,617 | €2,095 | +€478 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | €131,914 | €131,928 | +€14 | 0.0% |
| Income taxes | 67/77 | €38,965 | €38,272 | -€694 | -1.8% |
| Profit (loss) for the period | 9904 | €92,949 | €93,656 | +€707 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €92,949 | €93,656 | +€707 | +0.8% |
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 10 October 2026 via checked.be.