MaDict Cloud Computing: 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.
MaDict Cloud Computing
Largest movements
- Cash +€148,110
up €148,110 (+117.2%), from €126,387 to €274,497
mainly Trade debts (+€167,719) and Net result for the year (+€57,039)
- Receivables within one year +€64,726
up €64,726 (+45.5%), from €142,296 to €207,022
of which Trade receivables: +€56,998
- Trade debts +€167,719
up €167,719 (+176.1%), from €95,217 to €262,936
- Reserves +€57,039
up €57,039 (+55.9%), from €102,022 to €159,061
- Tax, wage and social debts +€10,718
up €10,718 (+22.1%), from €48,544 to €59,262
of which Remuneration and social security: +€9,754
- Accrued charges and deferred income -€7,979
down €7,979 (-78.4%), from €10,180 to €2,201
- Gross operating margin +€176,690
up €176,690 (+52.6%), from €336,070 to €512,761
- Staff costs +€136,867
up €136,867 (+50.0%), from €273,752 to €410,619
- Taxes +€6,388
up €6,388 (+39.7%), from €16,106 to €22,494
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 | €319,613 | €538,313 | +€218,700 | +68.4% |
| Fixed assets | 21/28 | €35,206 | €37,611 | +€2,405 | +6.8% |
| Tangible fixed assets | 22/27 | €32,659 | €35,064 | +€2,405 | +7.4% |
| Plant, machinery and equipment | 23 | €718 | €0 | -€718 | -100.0% |
| Furniture and vehicles | 24 | €7,977 | €16,704 | +€8,727 | +109.4% |
| Leasing and similar rights | 25 | €23,964 | €18,360 | -€5,603 | -23.4% |
| Financial fixed assets | 28 | €2,547 | €2,547 | = | 0.0% |
| Current assets | 29/58 | €284,407 | €500,701 | +€216,294 | +76.1% |
| Stocks and contracts in progress | 3 | €12,925 | €14,587 | +€1,662 | +12.9% |
| Stocks | 30/36 | €12,925 | €14,587 | +€1,662 | +12.9% |
| Amounts receivable within one year | 40/41 | €142,296 | €207,022 | +€64,726 | +45.5% |
| Trade receivables | 40 | €117,428 | €174,426 | +€56,998 | +48.5% |
| Other amounts receivable | 41 | €24,868 | €32,596 | +€7,728 | +31.1% |
| Cash at bank and in hand | 54/58 | €126,387 | €274,497 | +€148,110 | +117.2% |
| Deferred charges and accrued income | 490/1 | €2,799 | €4,595 | +€1,796 | +64.2% |
| Total equity and liabilities | 10/49 | €319,613 | €538,313 | +€218,700 | +68.4% |
| Equity | 10/15 | €108,222 | €165,261 | +€57,039 | +52.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €102,022 | €159,061 | +€57,039 | +55.9% |
| Distributable reserves | 133 | €102,022 | €159,061 | +€57,039 | +55.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €211,391 | €373,052 | +€161,661 | +76.5% |
| Amounts payable after more than one year | 17 | €45,308 | €39,990 | -€5,318 | -11.7% |
| Financial debts | 170/4 | €45,308 | €39,990 | -€5,318 | -11.7% |
| Amounts payable within one year | 42/48 | €155,903 | €330,861 | +€174,958 | +112.2% |
| Current portion of amounts payable after more than one year | 42 | €8,438 | €5,318 | -€3,120 | -37.0% |
| Financial debts | 43 | €1,460 | €864 | -€596 | -40.8% |
| Other loans | 439 | €1,460 | €864 | -€596 | -40.8% |
| Trade debts | 44 | €95,217 | €262,936 | +€167,719 | +176.1% |
| Suppliers | 440/4 | €95,217 | €262,936 | +€167,719 | +176.1% |
| Taxes, remuneration and social security | 45 | €48,544 | €59,262 | +€10,718 | +22.1% |
| Taxes | 450/3 | €405 | €1,369 | +€964 | +238.0% |
| Remuneration and social security | 454/9 | €48,139 | €57,893 | +€9,754 | +20.3% |
| Other amounts payable | 47/48 | €2,243 | €2,480 | +€237 | +10.6% |
| Accrued charges and deferred income | 492/3 | €10,180 | €2,201 | -€7,979 | -78.4% |
| Remuneration, social security and pensions | 62 | €273,752 | €410,619 | +€136,867 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,519 | €10,939 | -€580 | -5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,724 | €2,936 | +€1,212 | +70.3% |
| Other operating charges | 640/8 | €1,429 | €2,332 | +€903 | +63.2% |
| Non-recurring operating charges | 66A | €0 | €2,000 | +€2,000 | |
| Gross operating margin | 9900 | €336,070 | €512,761 | +€176,690 | +52.6% |
| Operating profit (loss) | 9901 | €47,647 | €83,935 | +€36,288 | +76.2% |
| Financial income | 75/76B | €13 | €1,959 | +€1,946 | +14967.5% |
| Recurring financial income | 75 | €13 | €1,959 | +€1,946 | +14967.5% |
| Financial charges | 65/66B | €5,830 | €6,361 | +€532 | +9.1% |
| Recurring financial charges | 65 | €5,830 | €6,361 | +€532 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €41,830 | €79,533 | +€37,702 | +90.1% |
| Income taxes | 67/77 | €16,106 | €22,494 | +€6,388 | +39.7% |
| Profit (loss) for the period | 9904 | €25,724 | €57,039 | +€31,315 | +121.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,724 | €57,039 | +€31,315 | +121.7% |
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 12 October 2026 via checked.be.