M-DL Care: what changed
M-DL Care
Largest movements
- Tangible fixed assets +€538,098
up €538,098 (+1,510%), from €35,627 to €573,725
of which Land and buildings: +€539,045
- Cash +€13,068
up €13,068 (+154%), from €8,462 to €21,530
mainly Debts after one year (+€486,591) and Other debts (+€27,045)
- Deferred charges and accrued income +€7,941
up €7,941 (+137%), from €5,802 to €13,742
- Debts after one year +€486,591
up €486,591 (+3,274%), from €14,863 to €501,454
- Other debts +€27,045
up €27,045 (+193%), from €14,018 to €41,064
- Current portion of long-term debt +€26,049
up €26,049 (+221%), from €11,812 to €37,861
- Reserves +€8,003
up €8,003 (+28.8%), from €27,747 to €35,751
- Tax, wage and social debts +€7,812
up €7,812 (+174%), from €4,488 to €12,300
of which Remuneration and social security: +€7,075
- Gross operating margin +€44,916
up €44,916 (+242%), from €18,594 to €63,510
- Staff costs +€13,893
new in 2025: €13,893
- Financial charges +€13,555
up €13,555 (+5,618%), from €241 to €13,797
- Depreciation -€2,807
down €2,807 (-19.7%), from €14,277 to €11,470
- Other operating charges +€2,216
up €2,216 (+1,758%), from €126 to €2,342
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,905 | €629,329 | +€553,425 | +729% |
| Fixed assets | 21/28 | €35,627 | €573,726 | +€538,099 | +1,510% |
| Tangible fixed assets | 22/27 | €35,627 | €573,725 | +€538,098 | +1,510% |
| Land and buildings | 22 | - | €539,045 | +€539,045 | |
| Plant, machinery and equipment | 23 | - | €28,414 | +€28,414 | |
| Furniture and vehicles | 24 | €27,858 | - | -€27,858 | |
| Other tangible fixed assets | 26 | €7,769 | €6,266 | -€1,503 | -19.3% |
| Financial fixed assets | 28 | - | €1 | +€1 | |
| Current assets | 29/58 | €40,278 | €55,603 | +€15,326 | +38.0% |
| Amounts receivable within one year | 40/41 | €26,014 | €20,331 | -€5,683 | -21.8% |
| Trade receivables | 40 | €24,514 | €18,831 | -€5,683 | -23.2% |
| Other amounts receivable | 41 | €1,500 | €1,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,462 | €21,530 | +€13,068 | +154% |
| Deferred charges and accrued income | 490/1 | €5,802 | €13,742 | +€7,941 | +137% |
| Total equity and liabilities | 10/49 | €75,905 | €629,329 | +€553,425 | +729% |
| Equity | 10/15 | €28,447 | €36,451 | +€8,003 | +28.1% |
| Contributions | 10/11 | €700 | €700 | = | 0.0% |
| Reserves | 13 | €27,747 | €35,751 | +€8,003 | +28.8% |
| Distributable reserves | 133 | €27,747 | €35,751 | +€8,003 | +28.8% |
| Amounts payable | 17/49 | €47,457 | €592,879 | +€545,421 | +1,149% |
| Amounts payable after more than one year | 17 | €14,863 | €501,454 | +€486,591 | +3,274% |
| Financial debts | 170/4 | €14,863 | €501,454 | +€486,591 | +3,274% |
| Amounts payable within one year | 42/48 | €32,595 | €91,424 | +€58,830 | +180% |
| Current portion of amounts payable after more than one year | 42 | €11,812 | €37,861 | +€26,049 | +221% |
| Trade debts | 44 | €2,276 | €200 | -€2,076 | -91.2% |
| Suppliers | 440/4 | €2,276 | €200 | -€2,076 | -91.2% |
| Taxes, remuneration and social security | 45 | €4,488 | €12,300 | +€7,812 | +174% |
| Taxes | 450/3 | €4,488 | €5,225 | +€737 | +16.4% |
| Remuneration and social security | 454/9 | - | €7,075 | +€7,075 | |
| Other amounts payable | 47/48 | €14,018 | €41,064 | +€27,045 | +193% |
| Remuneration, social security and pensions | 62 | - | €13,893 | +€13,893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,277 | €11,470 | -€2,807 | -19.7% |
| Other operating charges | 640/8 | €126 | €2,342 | +€2,216 | +1,758% |
| Non-recurring operating charges | 66A | - | €12,858 | +€12,858 | |
| Gross operating margin | 9900 | €18,594 | €63,510 | +€44,916 | +242% |
| Operating profit (loss) | 9901 | €4,190 | €22,948 | +€18,757 | +448% |
| Financial income | 75/76B | - | €88 | +€88 | |
| Recurring financial income | 75 | - | €88 | +€88 | |
| Financial charges | 65/66B | €241 | €13,797 | +€13,555 | +5,618% |
| Recurring financial charges | 65 | €241 | €13,797 | +€13,555 | +5,618% |
| Profit (loss) for the period before taxes | 9903 | €3,949 | €9,239 | +€5,290 | +134% |
| Income taxes | 67/77 | €1,426 | €1,235 | -€191 | -13.4% |
| Profit (loss) for the period | 9904 | €2,523 | €8,003 | +€5,480 | +217% |
| Profit (loss) for the period to be appropriated | 9905 | €2,523 | €8,003 | +€5,480 | +217% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.