MLZO: 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.
MLZO
Largest movements
- Tangible fixed assets +€11,774
new in 2025: €11,774
- Receivables within one year +€4,263
up €4,263 (+10.4%), from €41,152 to €45,415
- Cash -€936
down €936 (-24.6%), from €3,799 to €2,863
mainly Investment in fixed assets (net) (-€12,689) and Net result for the year (-€7,517)
- Deferred charges and accrued income -€677
no longer reported in 2025 (was €677)
- Other debts +€15,708
new in 2025: €15,708
- Profit (loss) carried forward -€7,517
down €7,517 (-19.6%), from €38,405 to €30,889
- Trade debts +€3,645
up €3,645 (+1,147%), from €318 to €3,963
- Tax, wage and social debts +€2,582
up €2,582 (+1,191%), from €217 to €2,798
- Turnover -€30,720
no longer reported in 2025 (was €30,720)
- Purchases and services -€18,463
no longer reported in 2025 (was €18,463)
- Gross operating margin -€10,893
down €10,893 (-80.7%), from €13,501 to €2,608
- Staff costs +€7,810
new in 2025: €7,810
- Other operating charges +€959
up €959 (+248%), from €387 to €1,346
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 | €45,827 | €60,251 | +€14,424 | +31.5% |
| Fixed assets | 21/28 | €200 | €11,974 | +€11,774 | +5,887% |
| Tangible fixed assets | 22/27 | - | €11,774 | +€11,774 | |
| Furniture and vehicles | 24 | - | €11,774 | +€11,774 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €45,627 | €48,278 | +€2,651 | +5.8% |
| Amounts receivable within one year | 40/41 | €41,152 | €45,415 | +€4,263 | +10.4% |
| Other amounts receivable | 41 | €41,152 | €45,415 | +€4,263 | +10.4% |
| Cash at bank and in hand | 54/58 | €3,799 | €2,863 | -€936 | -24.6% |
| Deferred charges and accrued income | 490/1 | €677 | - | -€677 | |
| Total equity and liabilities | 10/49 | €45,827 | €60,251 | +€14,424 | +31.5% |
| Equity | 10/15 | €45,292 | €37,776 | -€7,517 | -16.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €687 | €687 | = | 0.0% |
| Non-distributable reserves | 130/1 | €687 | €687 | = | 0.0% |
| Reserves not available under the articles | 1311 | €687 | €687 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,405 | €30,889 | -€7,517 | -19.6% |
| Amounts payable | 17/49 | €535 | €22,476 | +€21,941 | +4,103% |
| Amounts payable within one year | 42/48 | €535 | €22,476 | +€21,941 | +4,103% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €318 | €3,963 | +€3,645 | +1,147% |
| Suppliers | 440/4 | €318 | €3,963 | +€3,645 | +1,147% |
| Taxes, remuneration and social security | 45 | €217 | €2,798 | +€2,582 | +1,191% |
| Remuneration and social security | 454/9 | €217 | €2,798 | +€2,582 | +1,191% |
| Other amounts payable | 47/48 | - | €15,708 | +€15,708 | |
| Turnover | 70 | €30,720 | - | -€30,720 | |
| Non-recurring operating income | 76A | €1,244 | - | -€1,244 | |
| Goods, raw materials, services and sundry goods | 60/61 | €18,463 | - | -€18,463 | |
| Remuneration, social security and pensions | 62 | - | €7,810 | +€7,810 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62 | €915 | +€853 | +1,370% |
| Other operating charges | 640/8 | €387 | €1,346 | +€959 | +248% |
| Gross operating margin | 9900 | €13,501 | €2,608 | -€10,893 | -80.7% |
| Operating profit (loss) | 9901 | €13,051 | -€7,464 | -€20,515 | |
| Financial charges | 65/66B | €8 | €53 | +€45 | +600% |
| Recurring financial charges | 65 | €8 | €53 | +€45 | +600% |
| Profit (loss) for the period before taxes | 9903 | €13,044 | -€7,517 | -€20,560 | |
| Income taxes | 67/77 | €438 | - | -€438 | |
| Profit (loss) for the period | 9904 | €12,605 | -€7,517 | -€20,122 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,605 | -€7,517 | -€20,122 |
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 16 October 2026 via checked.be.