MLS COMFORT: what changed
What changed
MLS COMFORT
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€378
2024 · €7,365-€6,988
Equity
€10,243
2024 · €9,865+€378
Cash
€3,721
2024 · €1,560+€2,161
Balance sheet total
€695,309
2024 · €48,788+€646,521
Largest movements
Assets
- Financial fixed assets +€650,000
new in 2025: €650,000
- Receivables after one year +€15,000
new in 2025: €15,000
- Receivables within one year -€13,495
down €13,495 (-53.2%), from €25,369 to €11,875
of which Trade receivables: -€15,981
- Stocks and contracts -€12,642
no longer reported in 2025 (was €12,642)
- Intangible fixed assets +€12,417
up €12,417, from €0 to €12,417
Equity and liabilities
- Debts after one year +€571,507
new in 2025: €571,507
- Current portion of long-term debt +€78,493
new in 2025: €78,493
- Trade debts -€19,073
down €19,073 (-73.9%), from €25,798 to €6,725
- Tax, wage and social debts +€11,757
up €11,757 (+328%), from €3,584 to €15,341
of which Taxes: +€9,557
Income statement
- Gross operating margin -€10,056
down €10,056 (-67.5%), from €14,900 to €4,844
- Taxes -€1,432
down €1,432 (-60.1%), from €2,384 to €952
- Depreciation -€1,172
down €1,172 (-38.3%), from €3,058 to €1,886
- Financial charges +€802
up €802 (+402%), from €200 to €1,002
- Other operating charges +€236
up €236 (+60.0%), from €394 to €630
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€7,365
Gross operating margin
-€10,056
Depreciation
+€1,172
Other operating charges
-€236
Other operating items
+€1,500
Financial income
+€3
Financial charges
-€802
Taxes
+€1,432
Result 2025
€378
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€9,885
Investment
-€657,723
Financing
+€650,000
Cash 2024
€1,560
From operations (derived)
+€9,885
Net result for the year
+€378
Depreciation
+€1,886
Receivables after one year
-€15,000
Stocks and contracts
+€12,642
Receivables within one year
+€13,495
Deferred charges and accrued income
+€342
Trade debts
-€19,073
Tax, wage and social debts
+€11,757
Other debts
+€3,459
Investment (derived)
-€657,723
Investment in fixed assets (net)
-€657,723
Financing
+€650,000
Debts after one year
+€571,507
Current portion of long-term debt
+€78,493
Cash 2025
€3,721
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,788 | €695,309 | +€646,521 | +1,325% |
| Fixed assets | 21/28 | €8,818 | €664,656 | +€655,838 | +7,437% |
| Intangible fixed assets | 21 | €0 | €12,417 | +€12,417 | |
| Tangible fixed assets | 22/27 | €8,818 | €2,239 | -€6,579 | -74.6% |
| Plant, machinery and equipment | 23 | €4,997 | - | -€4,997 | |
| Furniture and vehicles | 24 | €3,822 | €2,239 | -€1,583 | -41.4% |
| Financial fixed assets | 28 | - | €650,000 | +€650,000 | |
| Current assets | 29/58 | €39,970 | €30,653 | -€9,317 | -23.3% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Trade receivables | 290 | - | €15,000 | +€15,000 | |
| Stocks and contracts in progress | 3 | €12,642 | - | -€12,642 | |
| Stocks | 30/36 | €12,642 | - | -€12,642 | |
| Amounts receivable within one year | 40/41 | €25,369 | €11,875 | -€13,495 | -53.2% |
| Trade receivables | 40 | €24,280 | €8,299 | -€15,981 | -65.8% |
| Other amounts receivable | 41 | €1,089 | €3,576 | +€2,487 | +228% |
| Cash at bank and in hand | 54/58 | €1,560 | €3,721 | +€2,161 | +139% |
| Deferred charges and accrued income | 490/1 | €399 | €57 | -€342 | -85.8% |
| Total equity and liabilities | 10/49 | €48,788 | €695,309 | +€646,521 | +1,325% |
| Equity | 10/15 | €9,865 | €10,243 | +€378 | +3.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,365 | €7,743 | +€378 | +5.1% |
| Amounts payable | 17/49 | €38,923 | €685,066 | +€646,143 | +1,660% |
| Amounts payable after more than one year | 17 | - | €571,507 | +€571,507 | |
| Financial debts | 170/4 | - | €571,507 | +€571,507 | |
| Amounts payable within one year | 42/48 | €38,923 | €113,559 | +€74,636 | +192% |
| Current portion of amounts payable after more than one year | 42 | - | €78,493 | +€78,493 | |
| Trade debts | 44 | €25,798 | €6,725 | -€19,073 | -73.9% |
| Suppliers | 440/4 | €25,798 | €6,725 | -€19,073 | -73.9% |
| Advances received on contracts in progress | 46 | €1,000 | €1,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,584 | €15,341 | +€11,757 | +328% |
| Taxes | 450/3 | €2,984 | €12,541 | +€9,557 | +320% |
| Remuneration and social security | 454/9 | €600 | €2,800 | +€2,200 | +367% |
| Other amounts payable | 47/48 | €8,541 | €12,000 | +€3,459 | +40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,058 | €1,886 | -€1,172 | -38.3% |
| Other operating charges | 640/8 | €394 | €630 | +€236 | +60.0% |
| Non-recurring operating charges | 66A | €1,500 | - | -€1,500 | |
| Gross operating margin | 9900 | €14,900 | €4,844 | -€10,056 | -67.5% |
| Operating profit (loss) | 9901 | €9,948 | €2,328 | -€7,620 | -76.6% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €200 | €1,002 | +€802 | +402% |
| Recurring financial charges | 65 | €200 | €1,002 | +€802 | +402% |
| Profit (loss) for the period before taxes | 9903 | €9,749 | €1,329 | -€8,419 | -86.4% |
| Income taxes | 67/77 | €2,384 | €952 | -€1,432 | -60.1% |
| Profit (loss) for the period | 9904 | €7,365 | €378 | -€6,988 | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,365 | €378 | -€6,988 | -94.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.