MD DEPANNAGE: 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 DEPANNAGE
Largest movements
- Receivables within one year +€506,488
up €506,488 (+30.4%), from €1.7m to €2.2m
of which Trade receivables: +€419,362
- Cash +€481,971
up €481,971 (+151%), from €319,355 to €801,326
mainly Net result for the year (+€631,594) and Current portion of long-term debt (+€424,837)
- Tangible fixed assets +€118,043
up €118,043 (+44.1%), from €267,948 to €385,991
of which Furniture and vehicles: +€115,165
- Reserves +€630,000
up €630,000 (+59.1%), from €1.1m to €1.7m
of which Distributable reserves: +€630,000
- Current portion of long-term debt +€424,837
up €424,837 (+193%), from €220,538 to €645,375
- Trade debts +€180,240
up €180,240, from €0 to €180,240
- Debts after one year -€135,738
down €135,738 (-23.5%), from €577,244 to €441,506
- Gross operating margin +€142,975
up €142,975 (+7.9%), from €1.8m to €2.0m
- Staff costs +€114,625
up €114,625 (+17.3%), from €661,328 to €775,953
- Depreciation +€45,735
up €45,735 (+87.7%), from €52,156 to €97,891
- Taxes +€27,281
up €27,281 (+8.3%), from €330,157 to €357,438
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 | €3,070,429 | €4,190,372 | +€1.1m | +36.5% |
| Fixed assets | 21/28 | €1,058,703 | €1,178,046 | +€119,343 | +11.3% |
| Tangible fixed assets | 22/27 | €267,948 | €385,991 | +€118,043 | +44.1% |
| Land and buildings | 22 | €35,366 | €24,983 | -€10,383 | -29.4% |
| Plant, machinery and equipment | 23 | €4,033 | €17,294 | +€13,261 | +329% |
| Furniture and vehicles | 24 | €228,549 | €343,715 | +€115,165 | +50.4% |
| Financial fixed assets | 28 | €790,755 | €792,055 | +€1,300 | +0.2% |
| Current assets | 29/58 | €2,011,726 | €3,012,326 | +€1.0m | +49.7% |
| Amounts receivable within one year | 40/41 | €1,665,645 | €2,172,133 | +€506,488 | +30.4% |
| Trade receivables | 40 | €1,565,160 | €1,984,523 | +€419,362 | +26.8% |
| Other amounts receivable | 41 | €100,485 | €187,610 | +€87,125 | +86.7% |
| Current investments | 50/53 | €16,800 | €16,918 | +€118 | +0.7% |
| Cash at bank and in hand | 54/58 | €319,355 | €801,326 | +€481,971 | +151% |
| Deferred charges and accrued income | 490/1 | €9,926 | €21,949 | +€12,023 | +121% |
| Total equity and liabilities | 10/49 | €3,070,429 | €4,190,372 | +€1.1m | +36.5% |
| Equity | 10/15 | €1,831,544 | €2,463,139 | +€631,594 | +34.5% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,066,860 | €1,696,860 | +€630,000 | +59.1% |
| 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 | €1,065,000 | €1,695,000 | +€630,000 | +59.2% |
| Profit (loss) carried forward | 14 | €758,184 | €759,779 | +€1,594 | +0.2% |
| Amounts payable | 17/49 | €1,238,884 | €1,727,233 | +€488,349 | +39.4% |
| Amounts payable after more than one year | 17 | €577,244 | €441,506 | -€135,738 | -23.5% |
| Financial debts | 170/4 | €577,244 | €441,506 | -€135,738 | -23.5% |
| Amounts payable within one year | 42/48 | €661,640 | €1,285,727 | +€624,087 | +94.3% |
| Current portion of amounts payable after more than one year | 42 | €220,538 | €645,375 | +€424,837 | +193% |
| Trade debts | 44 | €0 | €180,240 | +€180,240 | |
| Suppliers | 440/4 | €0 | €180,240 | +€180,240 | |
| Taxes, remuneration and social security | 45 | €429,466 | €434,940 | +€5,474 | +1.3% |
| Taxes | 450/3 | €341,817 | €343,703 | +€1,886 | +0.6% |
| Remuneration and social security | 454/9 | €87,648 | €91,237 | +€3,588 | +4.1% |
| Other amounts payable | 47/48 | €11,636 | €25,172 | +€13,535 | +116% |
| Remuneration, social security and pensions | 62 | €661,328 | €775,953 | +€114,625 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,156 | €97,891 | +€45,735 | +87.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,975 | €0 | -€7,975 | -100% |
| Other operating charges | 640/8 | €26,459 | €26,344 | -€115 | -0.4% |
| Gross operating margin | 9900 | €1,817,514 | €1,960,489 | +€142,975 | +7.9% |
| Operating profit (loss) | 9901 | €1,069,596 | €1,060,301 | -€9,295 | -0.9% |
| Financial income | 75/76B | €13,090 | €1,704 | -€11,386 | -87.0% |
| Recurring financial income | 75 | €13,090 | €1,704 | -€11,386 | -87.0% |
| Financial charges | 65/66B | €84,165 | €72,973 | -€11,192 | -13.3% |
| Recurring financial charges | 65 | €84,165 | €72,973 | -€11,192 | -13.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €998,521 | €989,032 | -€9,489 | -1.0% |
| Income taxes | 67/77 | €330,157 | €357,438 | +€27,281 | +8.3% |
| Profit (loss) for the period | 9904 | €668,364 | €631,594 | -€36,770 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €668,364 | €631,594 | -€36,770 | -5.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.