ML CONSULT: 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.
ML CONSULT
Largest movements
- Tangible fixed assets +€9,513
up €9,513 (+357.7%), from €2,659 to €12,173
of which Furniture and vehicles: +€10,170
- Receivables after one year +€9,259
new in 2025: €9,259
- Cash +€1,179
up €1,179 (+2.0%), from €58,572 to €59,751
mainly Net result for the year (+€12,544) and Current portion of long-term debt (+€6,000)
- Reserves +€12,544
up €12,544 (+16.5%), from €76,072 to €88,616
of which Distributable reserves: +€12,544
- Current portion of long-term debt +€6,000
new in 2025: €6,000
- Debts after one year +€2,500
new in 2025: €2,500
- Gross operating margin -€10,975
down €10,975 (-31.6%), from €34,731 to €23,756
- Depreciation +€2,426
up €2,426 (+106.2%), from €2,284 to €4,711
- Taxes -€2,248
down €2,248 (-28.3%), from €7,935 to €5,686
- Staff costs -€960
down €960 (-100.0%), from €960 to €0
- Other operating charges -€654
down €654 (-49.8%), from €1,314 to €660
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 | €89,659 | €110,093 | +€20,435 | +22.8% |
| Fixed assets | 21/28 | €2,659 | €12,173 | +€9,513 | +357.7% |
| Tangible fixed assets | 22/27 | €2,659 | €12,173 | +€9,513 | +357.7% |
| Plant, machinery and equipment | 23 | €657 | €0 | -€657 | -100.0% |
| Furniture and vehicles | 24 | €2,003 | €12,173 | +€10,170 | +507.8% |
| Current assets | 29/58 | €86,999 | €97,920 | +€10,921 | +12.6% |
| Amounts receivable after more than one year | 29 | - | €9,259 | +€9,259 | |
| Other amounts receivable | 291 | - | €9,259 | +€9,259 | |
| Amounts receivable within one year | 40/41 | €26,873 | €27,303 | +€430 | +1.6% |
| Trade receivables | 40 | €15,307 | €9,680 | -€5,627 | -36.8% |
| Other amounts receivable | 41 | €11,567 | €17,623 | +€6,057 | +52.4% |
| Cash at bank and in hand | 54/58 | €58,572 | €59,751 | +€1,179 | +2.0% |
| Deferred charges and accrued income | 490/1 | €1,555 | €1,608 | +€53 | +3.4% |
| Total equity and liabilities | 10/49 | €89,659 | €110,093 | +€20,435 | +22.8% |
| Equity | 10/15 | €82,272 | €94,816 | +€12,544 | +15.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €76,072 | €88,616 | +€12,544 | +16.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €74,212 | €86,756 | +€12,544 | +16.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €7,386 | €15,277 | +€7,891 | +106.8% |
| Amounts payable after more than one year | 17 | - | €2,500 | +€2,500 | |
| Financial debts | 170/4 | - | €2,500 | +€2,500 | |
| Amounts payable within one year | 42/48 | €7,386 | €12,777 | +€5,391 | +73.0% |
| Current portion of amounts payable after more than one year | 42 | - | €6,000 | +€6,000 | |
| Trade debts | 44 | €1,378 | €1,050 | -€328 | -23.8% |
| Suppliers | 440/4 | €1,378 | €1,050 | -€328 | -23.8% |
| Taxes, remuneration and social security | 45 | €6,008 | €5,727 | -€281 | -4.7% |
| Taxes | 450/3 | €6,008 | €3,316 | -€2,693 | -44.8% |
| Remuneration and social security | 454/9 | €0 | €2,411 | +€2,411 | |
| Remuneration, social security and pensions | 62 | €960 | €0 | -€960 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,284 | €4,711 | +€2,426 | +106.2% |
| Other operating charges | 640/8 | €1,314 | €660 | -€654 | -49.8% |
| Gross operating margin | 9900 | €34,731 | €23,756 | -€10,975 | -31.6% |
| Operating profit (loss) | 9901 | €30,173 | €18,386 | -€11,788 | -39.1% |
| Financial income | 75/76B | €348 | €441 | +€93 | +26.7% |
| Recurring financial income | 75 | €348 | €441 | +€93 | +26.7% |
| Financial charges | 65/66B | €563 | €596 | +€34 | +6.0% |
| Recurring financial charges | 65 | €563 | €596 | +€34 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €29,959 | €18,230 | -€11,729 | -39.1% |
| Income taxes | 67/77 | €7,935 | €5,686 | -€2,248 | -28.3% |
| Profit (loss) for the period | 9904 | €22,024 | €12,544 | -€9,480 | -43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,024 | €12,544 | -€9,480 | -43.0% |
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 4 October 2026 via checked.be.