MD Care: what changed
Two fiscal 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.
MD Care
Largest movements
- Receivables within one year +€41,837
up €41,837 (+913.2%), from €4,581 to €46,418
of which Trade receivables: +€20,978
- Tangible fixed assets +€33,054
up €33,054 (+1143.5%), from €2,891 to €35,945
of which Other tangible fixed assets: +€30,091
- Cash +€27,707
up €27,707 (+62.1%), from €44,598 to €72,305
mainly Net result for the year (+€88,611) and Tax, wage and social debts (+€15,433)
- Profit (loss) carried forward +€88,611
up €88,611 (+268.9%), from €32,956 to €121,567
- Tax, wage and social debts +€15,433
up €15,433 (+159.3%), from €9,690 to €25,123
- Debts after one year -€2,290
down €2,290 (-74.4%), from €3,077 to €787
- Gross operating margin +€70,275
up €70,275 (+144.0%), from €48,787 to €119,062
- Taxes +€15,433
up €15,433 (+159.3%), from €9,690 to €25,123
- Depreciation +€2,101
up €2,101 (+96.0%), from €2,189 to €4,290
- Financial income +€1,552
up €1,552 (+638.5%), from €243 to €1,795
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 | €52,142 | €154,668 | +€102,525 | +196.6% |
| Fixed assets | 21/28 | €2,891 | €35,945 | +€33,054 | +1143.5% |
| Tangible fixed assets | 22/27 | €2,891 | €35,945 | +€33,054 | +1143.5% |
| Plant, machinery and equipment | 23 | - | €5,152 | +€5,152 | |
| Furniture and vehicles | 24 | €2,891 | €702 | -€2,189 | -75.7% |
| Other tangible fixed assets | 26 | - | €30,091 | +€30,091 | |
| Current assets | 29/58 | €49,252 | €118,723 | +€69,471 | +141.1% |
| Amounts receivable within one year | 40/41 | €4,581 | €46,418 | +€41,837 | +913.2% |
| Trade receivables | 40 | - | €20,978 | +€20,978 | |
| Other amounts receivable | 41 | €4,581 | €25,440 | +€20,859 | +455.3% |
| Cash at bank and in hand | 54/58 | €44,598 | €72,305 | +€27,707 | +62.1% |
| Deferred charges and accrued income | 490/1 | €73 | €0 | -€73 | -100.0% |
| Total equity and liabilities | 10/49 | €52,142 | €154,668 | +€102,525 | +196.6% |
| Equity | 10/15 | €35,956 | €124,567 | +€88,611 | +246.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,956 | €121,567 | +€88,611 | +268.9% |
| Amounts payable | 17/49 | €16,187 | €30,101 | +€13,914 | +86.0% |
| Amounts payable after more than one year | 17 | €3,077 | €787 | -€2,290 | -74.4% |
| Financial debts | 170/4 | €3,077 | €787 | -€2,290 | -74.4% |
| Amounts payable within one year | 42/48 | €13,109 | €29,314 | +€16,205 | +123.6% |
| Current portion of amounts payable after more than one year | 42 | €2,189 | €2,290 | +€102 | +4.6% |
| Trade debts | 44 | €1,231 | €1,901 | +€671 | +54.5% |
| Suppliers | 440/4 | €1,231 | €1,901 | +€671 | +54.5% |
| Taxes, remuneration and social security | 45 | €9,690 | €25,123 | +€15,433 | +159.3% |
| Taxes | 450/3 | €9,690 | €25,123 | +€15,433 | +159.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,189 | €4,290 | +€2,101 | +96.0% |
| Other operating charges | 640/8 | €806 | €400 | -€406 | -50.4% |
| Gross operating margin | 9900 | €48,787 | €119,062 | +€70,275 | +144.0% |
| Operating profit (loss) | 9901 | €45,792 | €114,372 | +€68,580 | +149.8% |
| Financial income | 75/76B | €243 | €1,795 | +€1,552 | +638.5% |
| Recurring financial income | 75 | €243 | €1,795 | +€1,552 | +638.5% |
| Financial charges | 65/66B | €2,152 | €2,433 | +€282 | +13.1% |
| Recurring financial charges | 65 | €2,152 | €2,433 | +€282 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €43,883 | €113,733 | +€69,850 | +159.2% |
| Income taxes | 67/77 | €9,690 | €25,123 | +€15,433 | +159.3% |
| Profit (loss) for the period | 9904 | €34,193 | €88,611 | +€54,417 | +159.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,193 | €88,611 | +€54,417 | +159.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.