MD DECO & CO: 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 DECO & CO
Largest movements
- Deferred charges and accrued income -€5,677
down €5,677 (-25.8%), from €21,991 to €16,314
- Tangible fixed assets -€3,260
no longer reported in 2025 (was €3,260)
- Cash +€1,992
up €1,992 (+13.7%), from €14,508 to €16,500
mainly Net result for the year (+€10,544) and Deferred charges and accrued income (+€5,677)
- Receivables within one year -€1,388
down €1,388 (-13.0%), from €10,686 to €9,298
of which Trade receivables: -€1,322
- Other debts -€12,077
down €12,077 (-81.0%), from €14,912 to €2,836
- Profit (loss) carried forward +€10,544
up €10,544 (+66.1%), from €15,954 to €26,498
- Tax, wage and social debts -€4,645
down €4,645 (-34.3%), from €13,554 to €8,909
of which Remuneration and social security: -€2,801
- Trade debts -€2,155
down €2,155 (-62.9%), from €3,425 to €1,270
- Gross operating margin -€28,991
down €28,991 (-63.5%), from €45,631 to €16,640
- Other operating charges -€17,633
no longer reported in 2025 (was €17,633)
- Depreciation -€2,265
no longer reported in 2025 (was €2,265)
- Taxes -€2,182
down €2,182 (-35.5%), from €6,142 to €3,960
- Financial charges -€1,952
down €1,952 (-53.4%), from €3,653 to €1,702
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 | €50,845 | €42,512 | -€8,333 | -16.4% |
| Fixed assets | 21/28 | €3,660 | €400 | -€3,260 | -89.1% |
| Tangible fixed assets | 22/27 | €3,260 | - | -€3,260 | |
| Furniture and vehicles | 24 | €3,260 | - | -€3,260 | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €47,185 | €42,112 | -€5,073 | -10.8% |
| Amounts receivable within one year | 40/41 | €10,686 | €9,298 | -€1,388 | -13.0% |
| Trade receivables | 40 | €10,620 | €9,298 | -€1,322 | -12.4% |
| Other amounts receivable | 41 | €66 | - | -€66 | |
| Cash at bank and in hand | 54/58 | €14,508 | €16,500 | +€1,992 | +13.7% |
| Deferred charges and accrued income | 490/1 | €21,991 | €16,314 | -€5,677 | -25.8% |
| Total equity and liabilities | 10/49 | €50,845 | €42,512 | -€8,333 | -16.4% |
| Equity | 10/15 | €18,954 | €29,498 | +€10,544 | +55.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,954 | €26,498 | +€10,544 | +66.1% |
| Amounts payable | 17/49 | €31,891 | €13,014 | -€18,877 | -59.2% |
| Amounts payable within one year | 42/48 | €31,891 | €13,014 | -€18,877 | -59.2% |
| Trade debts | 44 | €3,425 | €1,270 | -€2,155 | -62.9% |
| Suppliers | 440/4 | €3,425 | €1,270 | -€2,155 | -62.9% |
| Taxes, remuneration and social security | 45 | €13,554 | €8,909 | -€4,645 | -34.3% |
| Taxes | 450/3 | €10,753 | €8,909 | -€1,844 | -17.1% |
| Remuneration and social security | 454/9 | €2,801 | - | -€2,801 | |
| Other amounts payable | 47/48 | €14,912 | €2,836 | -€12,077 | -81.0% |
| Remuneration, social security and pensions | 62 | - | €542 | +€542 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,265 | - | -€2,265 | |
| Other operating charges | 640/8 | €17,633 | - | -€17,633 | |
| Gross operating margin | 9900 | €45,631 | €16,640 | -€28,991 | -63.5% |
| Operating profit (loss) | 9901 | €25,732 | €16,098 | -€9,634 | -37.4% |
| Financial income | 75/76B | €17 | €107 | +€90 | +517.4% |
| Recurring financial income | 75 | €17 | €107 | +€90 | +517.4% |
| Financial charges | 65/66B | €3,653 | €1,702 | -€1,952 | -53.4% |
| Recurring financial charges | 65 | €3,653 | €1,702 | -€1,952 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | €22,096 | €14,504 | -€7,592 | -34.4% |
| Income taxes | 67/77 | €6,142 | €3,960 | -€2,182 | -35.5% |
| Profit (loss) for the period | 9904 | €15,954 | €10,544 | -€5,410 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,954 | €10,544 | -€5,410 | -33.9% |
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 3 October 2026 via checked.be.