Consultancy MDN: 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.
Consultancy MDN
Largest movements
- Receivables within one year -€55,438
down €55,438 (-90.1%), from €61,534 to €6,096
of which Other amounts receivable: -€48,154
- Cash +€43,541
up €43,541 (+593%), from €7,343 to €50,884
mainly Receivables within one year (+€55,438) and Net result for the year (+€3,453)
- Tangible fixed assets -€1,354
down €1,354 (-42.1%), from €3,216 to €1,862
- Trade debts -€17,059
down €17,059 (-88.9%), from €19,190 to €2,131
- Profit (loss) carried forward +€3,453
up €3,453 (+7.8%), from €44,409 to €47,862
- Gross operating margin +€6,208
up €6,208 (+1,121%), from €554 to €6,762
- Other operating charges +€557
up €557 (+106%), from €528 to €1,085
- Taxes +€390
up €390 (+550%), from €71 to €461
- Financial income +€248
new in 2025: €248
- Depreciation +€135
up €135 (+11.1%), from €1,219 to €1,354
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 | €72,093 | €58,843 | -€13,251 | -18.4% |
| Fixed assets | 21/28 | €3,216 | €1,862 | -€1,354 | -42.1% |
| Tangible fixed assets | 22/27 | €3,216 | €1,862 | -€1,354 | -42.1% |
| Plant, machinery and equipment | 23 | €3,216 | €1,862 | -€1,354 | -42.1% |
| Current assets | 29/58 | €68,877 | €56,981 | -€11,896 | -17.3% |
| Amounts receivable within one year | 40/41 | €61,534 | €6,096 | -€55,438 | -90.1% |
| Trade receivables | 40 | €11,519 | €4,235 | -€7,284 | -63.2% |
| Other amounts receivable | 41 | €50,015 | €1,861 | -€48,154 | -96.3% |
| Cash at bank and in hand | 54/58 | €7,343 | €50,884 | +€43,541 | +593% |
| Total equity and liabilities | 10/49 | €72,093 | €58,843 | -€13,251 | -18.4% |
| Equity | 10/15 | €46,909 | €50,362 | +€3,453 | +7.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,409 | €47,862 | +€3,453 | +7.8% |
| Amounts payable | 17/49 | €25,184 | €8,481 | -€16,703 | -66.3% |
| Amounts payable within one year | 42/48 | €24,689 | €8,080 | -€16,609 | -67.3% |
| Trade debts | 44 | €19,190 | €2,131 | -€17,059 | -88.9% |
| Suppliers | 440/4 | €19,190 | €2,131 | -€17,059 | -88.9% |
| Taxes, remuneration and social security | 45 | €131 | - | -€131 | |
| Taxes | 450/3 | €131 | - | -€131 | |
| Other amounts payable | 47/48 | €5,368 | €5,950 | +€582 | +10.8% |
| Accrued charges and deferred income | 492/3 | €495 | €401 | -€94 | -19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,219 | €1,354 | +€135 | +11.1% |
| Other operating charges | 640/8 | €528 | €1,085 | +€557 | +106% |
| Gross operating margin | 9900 | €554 | €6,762 | +€6,208 | +1,121% |
| Operating profit (loss) | 9901 | -€1,193 | €4,323 | +€5,516 | |
| Financial income | 75/76B | - | €248 | +€248 | |
| Recurring financial income | 75 | - | €248 | +€248 | |
| Financial charges | 65/66B | €664 | €657 | -€6 | -1.0% |
| Recurring financial charges | 65 | €664 | €657 | -€6 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,857 | €3,914 | +€5,771 | |
| Income taxes | 67/77 | €71 | €461 | +€390 | +550% |
| Profit (loss) for the period | 9904 | -€1,928 | €3,453 | +€5,381 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,928 | €3,453 | +€5,381 |
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 14 October 2026 via checked.be.