MLONOT: 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.
MLONOT
Largest movements
- Receivables within one year +€149,090
up €149,090 (+315.0%), from €47,332 to €196,422
of which Other amounts receivable: +€74,999
- Cash +€75,823
up €75,823 (+227.8%), from €33,289 to €109,112
mainly Other debts (+€362,098) and Net result for the year (+€217,163)
- Current investments -€75,000
no longer reported in 2025 (was €75,000)
- Receivables after one year +€40,000
up €40,000 (+114.3%), from €35,000 to €75,000
- Tangible fixed assets +€14,438
up €14,438 (+66.8%), from €21,612 to €36,050
of which Other tangible fixed assets: +€16,204
- Other debts +€362,098
up €362,098 (+2115.3%), from €17,118 to €379,216
- Reserves -€139,567
no longer reported in 2025 (was €139,567)
- Tax, wage and social debts -€16,235
down €16,235 (-30.7%), from €52,811 to €36,576
- Gross operating margin +€148,987
up €148,987 (+98.9%), from €150,639 to €299,626
- Taxes +€39,725
up €39,725 (+104.9%), from €37,852 to €77,577
- Depreciation -€4,297
down €4,297 (-51.1%), from €8,409 to €4,112
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 | €213,223 | €419,812 | +€206,589 | +96.9% |
| Fixed assets | 21/28 | €21,612 | €36,050 | +€14,438 | +66.8% |
| Tangible fixed assets | 22/27 | €21,612 | €36,050 | +€14,438 | +66.8% |
| Furniture and vehicles | 24 | €2,784 | €1,018 | -€1,766 | -63.4% |
| Other tangible fixed assets | 26 | €18,828 | €35,032 | +€16,204 | +86.1% |
| Current assets | 29/58 | €191,611 | €383,762 | +€192,151 | +100.3% |
| Amounts receivable after more than one year | 29 | €35,000 | €75,000 | +€40,000 | +114.3% |
| Other amounts receivable | 291 | €35,000 | €75,000 | +€40,000 | +114.3% |
| Amounts receivable within one year | 40/41 | €47,332 | €196,422 | +€149,090 | +315.0% |
| Trade receivables | 40 | €47,325 | €121,415 | +€74,091 | +156.6% |
| Other amounts receivable | 41 | €7 | €75,007 | +€74,999 | +1004007.6% |
| Current investments | 50/53 | €75,000 | - | -€75,000 | |
| Cash at bank and in hand | 54/58 | €33,289 | €109,112 | +€75,823 | +227.8% |
| Deferred charges and accrued income | 490/1 | €990 | €3,228 | +€2,238 | +226.1% |
| Total equity and liabilities | 10/49 | €213,223 | €419,812 | +€206,589 | +96.9% |
| Equity | 10/15 | €141,567 | €2,000 | -€139,567 | -98.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €139,567 | - | -€139,567 | |
| Distributable reserves | 133 | €139,567 | - | -€139,567 | |
| Amounts payable | 17/49 | €71,656 | €417,812 | +€346,156 | +483.1% |
| Amounts payable within one year | 42/48 | €71,656 | €417,812 | +€346,156 | +483.1% |
| Trade debts | 44 | €1,727 | €2,020 | +€293 | +17.0% |
| Suppliers | 440/4 | €1,727 | €2,020 | +€293 | +17.0% |
| Taxes, remuneration and social security | 45 | €52,811 | €36,576 | -€16,235 | -30.7% |
| Taxes | 450/3 | €52,811 | €36,576 | -€16,235 | -30.7% |
| Other amounts payable | 47/48 | €17,118 | €379,216 | +€362,098 | +2115.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,409 | €4,112 | -€4,297 | -51.1% |
| Other operating charges | 640/8 | €2,133 | €2,421 | +€288 | +13.5% |
| Gross operating margin | 9900 | €150,639 | €299,626 | +€148,987 | +98.9% |
| Operating profit (loss) | 9901 | €140,097 | €293,093 | +€152,996 | +109.2% |
| Financial income | 75/76B | €1,115 | €3,370 | +€2,255 | +202.2% |
| Recurring financial income | 75 | €1,115 | €3,370 | +€2,255 | +202.2% |
| Financial charges | 65/66B | €1,980 | €1,723 | -€257 | -13.0% |
| Recurring financial charges | 65 | €1,980 | €1,723 | -€257 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €139,232 | €294,739 | +€155,507 | +111.7% |
| Income taxes | 67/77 | €37,852 | €77,577 | +€39,725 | +104.9% |
| Profit (loss) for the period | 9904 | €101,381 | €217,163 | +€115,782 | +114.2% |
| Profit (loss) for the period to be appropriated | 9905 | €101,381 | €217,163 | +€115,782 | +114.2% |
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 8 October 2026 via checked.be.