MD COMPTA’CT: 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 COMPTA’CT
Largest movements
- Cash +€18,496
up €18,496 (+205.1%), from €9,017 to €27,514
mainly Net result for the year (+€46,249) and Depreciation (+€24,426)
- Tangible fixed assets -€6,858
down €6,858 (-4.4%), from €156,969 to €150,110
of which Furniture and vehicles: -€3,701
- Receivables within one year -€2,040
down €2,040 (-17.9%), from €11,401 to €9,361
- Other debts +€22,032
up €22,032 (+64.4%), from €34,235 to €56,267
- Debts after one year -€15,754
down €15,754 (-16.0%), from €98,284 to €82,529
- Trade debts +€3,101
up €3,101 (+229.0%), from €1,354 to €4,454
- Gross operating margin +€16,647
up €16,647 (+22.7%), from €73,397 to €90,044
- Taxes +€3,494
up €3,494 (+31.9%), from €10,963 to €14,457
- Depreciation +€1,974
up €1,974 (+8.8%), from €22,451 to €24,426
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 | €177,991 | €189,396 | +€11,405 | +6.4% |
| Fixed assets | 21/28 | €156,969 | €150,110 | -€6,858 | -4.4% |
| Tangible fixed assets | 22/27 | €156,969 | €150,110 | -€6,858 | -4.4% |
| Land and buildings | 22 | €102,592 | €99,435 | -€3,157 | -3.1% |
| Furniture and vehicles | 24 | €54,377 | €50,675 | -€3,701 | -6.8% |
| Current assets | 29/58 | €21,023 | €39,286 | +€18,264 | +86.9% |
| Amounts receivable within one year | 40/41 | €11,401 | €9,361 | -€2,040 | -17.9% |
| Trade receivables | 40 | €11,401 | €9,361 | -€2,040 | -17.9% |
| Cash at bank and in hand | 54/58 | €9,017 | €27,514 | +€18,496 | +205.1% |
| Deferred charges and accrued income | 490/1 | €604 | €2,411 | +€1,807 | +299.1% |
| Total equity and liabilities | 10/49 | €177,991 | €189,396 | +€11,405 | +6.4% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €157,531 | €168,936 | +€11,405 | +7.2% |
| Amounts payable after more than one year | 17 | €98,284 | €82,529 | -€15,754 | -16.0% |
| Financial debts | 170/4 | €98,284 | €82,529 | -€15,754 | -16.0% |
| Amounts payable within one year | 42/48 | €59,248 | €86,407 | +€27,160 | +45.8% |
| Current portion of amounts payable after more than one year | 42 | €15,244 | €15,754 | +€511 | +3.3% |
| Trade debts | 44 | €1,354 | €4,454 | +€3,101 | +229.0% |
| Suppliers | 440/4 | €1,354 | €4,454 | +€3,101 | +229.0% |
| Taxes, remuneration and social security | 45 | €8,416 | €9,932 | +€1,516 | +18.0% |
| Taxes | 450/3 | €8,416 | €9,932 | +€1,516 | +18.0% |
| Other amounts payable | 47/48 | €34,235 | €56,267 | +€22,032 | +64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,451 | €24,426 | +€1,974 | +8.8% |
| Other operating charges | 640/8 | €2,092 | €1,779 | -€313 | -14.9% |
| Gross operating margin | 9900 | €73,397 | €90,044 | +€16,647 | +22.7% |
| Operating profit (loss) | 9901 | €48,854 | €63,839 | +€14,985 | +30.7% |
| Financial income | 75/76B | €97 | €141 | +€44 | +45.1% |
| Recurring financial income | 75 | €97 | €141 | +€44 | +45.1% |
| Financial charges | 65/66B | €3,784 | €3,274 | -€511 | -13.5% |
| Recurring financial charges | 65 | €3,784 | €3,274 | -€511 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €45,167 | €60,707 | +€15,540 | +34.4% |
| Income taxes | 67/77 | €10,963 | €14,457 | +€3,494 | +31.9% |
| Profit (loss) for the period | 9904 | €34,204 | €46,249 | +€12,045 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,204 | €46,249 | +€12,045 | +35.2% |
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 4 October 2026 via checked.be.