byMDB: 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.
byMDB
Largest movements
- Cash +€56,584
up €56,584 (+122.8%), from €46,068 to €102,651
mainly Net result for the year (+€29,078) and Receivables within one year (+€26,754)
- Receivables within one year -€26,754
down €26,754 (-94.6%), from €28,278 to €1,524
of which Trade receivables: -€28,278
- Profit (loss) carried forward +€29,078
up €29,078 (+75.5%), from €38,534 to €67,612
- Tax, wage and social debts +€10,021
up €10,021 (+42.7%), from €23,462 to €33,483
- Other debts -€7,955
no longer reported in 2025 (was €7,955)
- Trade debts -€2,173
down €2,173 (-69.4%), from €3,130 to €956
- Gross operating margin -€14,117
down €14,117 (-26.6%), from €53,039 to €38,922
- Taxes -€2,788
down €2,788 (-24.8%), from €11,259 to €8,470
- Other operating charges -€1,957
down €1,957 (-66.6%), from €2,939 to €983
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 | €77,306 | €106,333 | +€29,027 | +37.5% |
| Fixed assets | 21/28 | €1,464 | €1,145 | -€319 | -21.8% |
| Tangible fixed assets | 22/27 | €1,464 | €1,145 | -€319 | -21.8% |
| Furniture and vehicles | 24 | €1,464 | €1,145 | -€319 | -21.8% |
| Current assets | 29/58 | €75,842 | €105,188 | +€29,346 | +38.7% |
| Amounts receivable within one year | 40/41 | €28,278 | €1,524 | -€26,754 | -94.6% |
| Trade receivables | 40 | €28,278 | - | -€28,278 | |
| Other amounts receivable | 41 | - | €1,524 | +€1,524 | |
| Cash at bank and in hand | 54/58 | €46,068 | €102,651 | +€56,584 | +122.8% |
| Deferred charges and accrued income | 490/1 | €1,497 | €1,013 | -€483 | -32.3% |
| Total equity and liabilities | 10/49 | €77,306 | €106,333 | +€29,027 | +37.5% |
| Equity | 10/15 | €40,534 | €69,612 | +€29,078 | +71.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,534 | €67,612 | +€29,078 | +75.5% |
| Amounts payable | 17/49 | €36,772 | €36,721 | -€51 | -0.1% |
| Amounts payable within one year | 42/48 | €34,546 | €34,439 | -€107 | -0.3% |
| Trade debts | 44 | €3,130 | €956 | -€2,173 | -69.4% |
| Suppliers | 440/4 | €3,130 | €956 | -€2,173 | -69.4% |
| Taxes, remuneration and social security | 45 | €23,462 | €33,483 | +€10,021 | +42.7% |
| Taxes | 450/3 | €23,462 | €33,483 | +€10,021 | +42.7% |
| Other amounts payable | 47/48 | €7,955 | - | -€7,955 | |
| Accrued charges and deferred income | 492/3 | €2,226 | €2,282 | +€56 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132 | €319 | +€187 | +141.7% |
| Other operating charges | 640/8 | €2,939 | €983 | -€1,957 | -66.6% |
| Gross operating margin | 9900 | €53,039 | €38,922 | -€14,117 | -26.6% |
| Operating profit (loss) | 9901 | €49,968 | €37,620 | -€12,347 | -24.7% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €186 | €72 | -€114 | -61.2% |
| Recurring financial charges | 65 | €186 | €72 | -€114 | -61.2% |
| Profit (loss) for the period before taxes | 9903 | €49,793 | €37,548 | -€12,244 | -24.6% |
| Income taxes | 67/77 | €11,259 | €8,470 | -€2,788 | -24.8% |
| Profit (loss) for the period | 9904 | €38,534 | €29,078 | -€9,456 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,534 | €29,078 | -€9,456 | -24.5% |
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 1 October 2026 via checked.be.