M.D. GROUP: 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.
M.D. GROUP
Largest movements
- Receivables within one year -€1,113
down €1,113 (-12.3%), from €9,036 to €7,923
of which Other amounts receivable: -€1,308
- Cash -€504
down €504 (-2.7%), from €18,536 to €18,032
mainly Net result for the year (-€724) and Trade debts (-€715)
- Profit (loss) carried forward -€724
down €724 (-4.0%), from €18,287 to €17,563
- Trade debts -€715
no longer reported in 2024 (was €715)
- Tax, wage and social debts -€320
down €320 (-97.8%), from €327 to €7
- Gross operating margin +€1,200
up €1,200 (+63.8%), from -€1,879 to -€679
- Taxes +€1,117
no longer reported in 2024 (was -€1,117)
- Other operating charges -€614
no longer reported in 2024 (was €614)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,864 | €26,105 | -€1,759 | -6.3% |
| Current assets | 29/58 | €27,864 | €26,105 | -€1,759 | -6.3% |
| Amounts receivable within one year | 40/41 | €9,036 | €7,923 | -€1,113 | -12.3% |
| Trade receivables | 40 | €2,659 | €2,854 | +€195 | +7.3% |
| Other amounts receivable | 41 | €6,377 | €5,069 | -€1,308 | -20.5% |
| Cash at bank and in hand | 54/58 | €18,536 | €18,032 | -€504 | -2.7% |
| Deferred charges and accrued income | 490/1 | €292 | €150 | -€142 | -48.7% |
| Total equity and liabilities | 10/49 | €27,864 | €26,105 | -€1,759 | -6.3% |
| Equity | 10/15 | €26,367 | €25,643 | -€724 | -2.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,880 | €1,880 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,880 | €1,880 | = | 0.0% |
| Legal reserve | 130 | €1,880 | €1,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,287 | €17,563 | -€724 | -4.0% |
| Amounts payable | 17/49 | €1,497 | €462 | -€1,035 | -69.1% |
| Amounts payable within one year | 42/48 | €1,497 | €462 | -€1,035 | -69.1% |
| Trade debts | 44 | €715 | - | -€715 | |
| Suppliers | 440/4 | €715 | - | -€715 | |
| Taxes, remuneration and social security | 45 | €327 | €7 | -€320 | -97.8% |
| Taxes | 450/3 | €327 | €7 | -€320 | -97.8% |
| Other amounts payable | 47/48 | €454 | €454 | = | 0.0% |
| Other operating charges | 640/8 | €614 | - | -€614 | |
| Gross operating margin | 9900 | -€1,879 | -€679 | +€1,200 | +63.8% |
| Operating profit (loss) | 9901 | -€2,493 | -€679 | +€1,814 | +72.8% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,538 | -€724 | +€1,814 | +71.5% |
| Income taxes | 67/77 | -€1,117 | - | +€1,117 | |
| Profit (loss) for the period | 9904 | -€1,421 | -€724 | +€697 | +49.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,421 | -€724 | +€697 | +49.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.