MADEVO CONSULTING: 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.
MADEVO CONSULTING
Largest movements
- Cash -€98,554
down €98,554 (-65.1%), from €151,435 to €52,881
mainly Debts after one year (-€195,242) and Receivables within one year (-€28,156)
- Receivables within one year +€28,156
up €28,156 (+44.1%), from €63,877 to €92,033
of which Other amounts receivable: +€26,689
- Debts after one year -€195,242
down €195,242 (-80.0%), from €243,977 to €48,735
- Reserves +€87,750
up €87,750 (+4,718%), from €1,860 to €89,610
of which Distributable reserves: +€87,750
- Tax, wage and social debts +€34,664
up €34,664 (+173%), from €20,025 to €54,689
- Financial charges -€176,290
down €176,290 (-98.0%), from €179,857 to €3,567
- Taxes +€47,488
up €47,488 (+16,375%), from €290 to €47,778
- Gross operating margin -€38,287
down €38,287 (-21.1%), from €181,409 to €143,122
- Turnover -€35,211
down €35,211 (-12.5%), from €282,051 to €246,840
- Purchases and services +€3,076
up €3,076 (+3.1%), from €100,642 to €103,718
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 | €303,538 | €232,924 | -€70,614 | -23.3% |
| Fixed assets | 21/28 | €12,723 | €12,056 | -€667 | -5.2% |
| Tangible fixed assets | 22/27 | €7,802 | €7,135 | -€667 | -8.5% |
| Furniture and vehicles | 24 | €4,000 | €3,333 | -€667 | -16.7% |
| Other tangible fixed assets | 26 | €3,802 | €3,802 | = | 0.0% |
| Financial fixed assets | 28 | €4,921 | €4,921 | = | 0.0% |
| Current assets | 29/58 | €290,815 | €220,868 | -€69,947 | -24.1% |
| Amounts receivable after more than one year | 29 | €75,439 | €75,954 | +€515 | +0.7% |
| Other amounts receivable | 291 | €75,439 | €75,954 | +€515 | +0.7% |
| Amounts receivable within one year | 40/41 | €63,877 | €92,033 | +€28,156 | +44.1% |
| Trade receivables | 40 | €25,805 | €27,272 | +€1,467 | +5.7% |
| Other amounts receivable | 41 | €38,072 | €64,761 | +€26,689 | +70.1% |
| Cash at bank and in hand | 54/58 | €151,435 | €52,881 | -€98,554 | -65.1% |
| Deferred charges and accrued income | 490/1 | €64 | - | -€64 | |
| Total equity and liabilities | 10/49 | €303,538 | €232,924 | -€70,614 | -23.3% |
| Equity | 10/15 | €31,913 | €121,122 | +€89,209 | +280% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €89,610 | +€87,750 | +4,718% |
| 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 | - | €87,750 | +€87,750 | |
| Profit (loss) carried forward | 14 | €11,453 | €12,912 | +€1,459 | +12.7% |
| Amounts payable | 17/49 | €271,625 | €111,802 | -€159,823 | -58.8% |
| Amounts payable after more than one year | 17 | €243,977 | €48,735 | -€195,242 | -80.0% |
| Other amounts payable | 178/9 | €243,977 | €48,735 | -€195,242 | -80.0% |
| Amounts payable within one year | 42/48 | €27,648 | €63,067 | +€35,419 | +128% |
| Trade debts | 44 | €7,623 | €8,378 | +€755 | +9.9% |
| Suppliers | 440/4 | €7,623 | €8,378 | +€755 | +9.9% |
| Taxes, remuneration and social security | 45 | €20,025 | €54,689 | +€34,664 | +173% |
| Taxes | 450/3 | €20,025 | €54,689 | +€34,664 | +173% |
| Turnover | 70 | €282,051 | €246,840 | -€35,211 | -12.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €100,642 | €103,718 | +€3,076 | +3.1% |
| Remuneration, social security and pensions | 62 | €2,647 | €1,377 | -€1,270 | -48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €667 | €667 | = | 0.0% |
| Other operating charges | 640/8 | €557 | €524 | -€33 | -5.9% |
| Gross operating margin | 9900 | €181,409 | €143,122 | -€38,287 | -21.1% |
| Operating profit (loss) | 9901 | €177,538 | €140,554 | -€36,984 | -20.8% |
| Financial charges | 65/66B | €179,857 | €3,567 | -€176,290 | -98.0% |
| Recurring financial charges | 65 | €179,857 | €3,567 | -€176,290 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,319 | €136,987 | +€139,306 | |
| Income taxes | 67/77 | €290 | €47,778 | +€47,488 | +16,375% |
| Profit (loss) for the period | 9904 | -€2,609 | €89,209 | +€91,818 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,609 | €89,209 | +€91,818 |
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 30 October 2026 via checked.be.