MD CONCEPT HOME: 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.
MD CONCEPT HOME
Largest movements
- Receivables within one year -€56,301
down €56,301 (-76.9%), from €73,254 to €16,954
of which Trade receivables: -€49,954
- Cash -€52,466
down €52,466 (-11.4%), from €458,803 to €406,337
mainly Contributions, distributions and other (-€184,637) and Tax, wage and social debts (-€20,534)
- Reserves -€83,636
down €83,636 (-19.5%), from €428,086 to €344,450
of which Distributable reserves: -€83,636
- Tax, wage and social debts -€20,534
down €20,534 (-68.3%), from €30,075 to €9,540
- Gross operating margin -€82,896
down €82,896 (-32.8%), from €252,821 to €169,925
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 | €533,970 | €425,216 | -€108,755 | -20.4% |
| Fixed assets | 21/28 | €1,913 | €1,792 | -€121 | -6.3% |
| Tangible fixed assets | 22/27 | €1,913 | €1,792 | -€121 | -6.3% |
| Furniture and vehicles | 24 | €1,913 | €1,792 | -€121 | -6.3% |
| Current assets | 29/58 | €532,058 | €423,424 | -€108,634 | -20.4% |
| Amounts receivable within one year | 40/41 | €73,254 | €16,954 | -€56,301 | -76.9% |
| Trade receivables | 40 | €66,908 | €16,954 | -€49,954 | -74.7% |
| Other amounts receivable | 41 | €6,347 | - | -€6,347 | |
| Cash at bank and in hand | 54/58 | €458,803 | €406,337 | -€52,466 | -11.4% |
| Deferred charges and accrued income | 490/1 | - | €133 | +€133 | |
| Total equity and liabilities | 10/49 | €533,970 | €425,216 | -€108,755 | -20.4% |
| Equity | 10/15 | €434,286 | €350,650 | -€83,636 | -19.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €428,086 | €344,450 | -€83,636 | -19.5% |
| 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 | €426,226 | €342,590 | -€83,636 | -19.6% |
| Amounts payable | 17/49 | €99,684 | €74,565 | -€25,119 | -25.2% |
| Amounts payable within one year | 42/48 | €99,684 | €74,565 | -€25,119 | -25.2% |
| Trade debts | 44 | €1,824 | €789 | -€1,035 | -56.7% |
| Suppliers | 440/4 | €1,824 | €789 | -€1,035 | -56.7% |
| Taxes, remuneration and social security | 45 | €30,075 | €9,540 | -€20,534 | -68.3% |
| Taxes | 450/3 | €30,075 | €9,540 | -€20,534 | -68.3% |
| Other amounts payable | 47/48 | €67,786 | €64,236 | -€3,550 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,102 | €2,324 | +€222 | +10.6% |
| Other operating charges | 640/8 | €1,589 | €400 | -€1,189 | -74.8% |
| Gross operating margin | 9900 | €252,821 | €169,925 | -€82,896 | -32.8% |
| Operating profit (loss) | 9901 | €249,131 | €167,201 | -€81,929 | -32.9% |
| Financial income | 75/76B | €166 | €777 | +€612 | +369% |
| Recurring financial income | 75 | €166 | €777 | +€612 | +369% |
| Financial charges | 65/66B | €595 | €598 | +€3 | +0.5% |
| Recurring financial charges | 65 | €595 | €598 | +€3 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €248,702 | €167,381 | -€81,321 | -32.7% |
| Income taxes | 67/77 | €68,658 | €66,379 | -€2,279 | -3.3% |
| Profit (loss) for the period | 9904 | €180,044 | €101,001 | -€79,043 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €180,044 | €101,001 | -€79,043 | -43.9% |
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 27 October 2026 via checked.be.