MD DEVELOPMENT & CONSULTING: 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 DEVELOPMENT & CONSULTING
Largest movements
- Receivables within one year +€6,275
up €6,275 (+19.0%), from €32,972 to €39,248
of which Other amounts receivable: +€6,275
- Cash -€5,158
down €5,158 (-25.1%), from €20,514 to €15,356
mainly Receivables within one year (-€6,275) and Trade debts (-€894)
- Profit (loss) carried forward +€1,976
up €1,976 (+76.9%), from -€2,572 to -€595
- Trade debts -€894
down €894 (-80.5%), from €1,111 to €217
- Tax, wage and social debts +€593
new in 2024: €593
- Gross operating margin +€4,424
up €4,424, from -€2,099 to €2,324
- Depreciation +€122
up €122 (+96.3%), from €126 to €248
- Financial income -€25
no longer reported in 2024 (was €25)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,104 | €55,779 | +€1,675 | +3.1% |
| Fixed assets | 21/28 | €618 | €1,176 | +€558 | +90.3% |
| Tangible fixed assets | 22/27 | €618 | €1,176 | +€558 | +90.3% |
| Furniture and vehicles | 24 | €618 | €1,176 | +€558 | +90.3% |
| Current assets | 29/58 | €53,486 | €54,604 | +€1,117 | +2.1% |
| Amounts receivable within one year | 40/41 | €32,972 | €39,248 | +€6,275 | +19.0% |
| Trade receivables | 40 | €2,045 | €2,045 | = | 0.0% |
| Other amounts receivable | 41 | €30,928 | €37,203 | +€6,275 | +20.3% |
| Cash at bank and in hand | 54/58 | €20,514 | €15,356 | -€5,158 | -25.1% |
| Total equity and liabilities | 10/49 | €54,104 | €55,779 | +€1,675 | +3.1% |
| Equity | 10/15 | €52,993 | €54,970 | +€1,976 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,965 | €36,965 | = | 0.0% |
| 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 | €35,105 | €35,105 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,572 | -€595 | +€1,976 | +76.9% |
| Amounts payable | 17/49 | €1,111 | €810 | -€301 | -27.1% |
| Amounts payable within one year | 42/48 | €1,111 | €810 | -€301 | -27.1% |
| Trade debts | 44 | €1,111 | €217 | -€894 | -80.5% |
| Suppliers | 440/4 | €1,111 | €217 | -€894 | -80.5% |
| Taxes, remuneration and social security | 45 | - | €593 | +€593 | |
| Taxes | 450/3 | - | €593 | +€593 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126 | €248 | +€122 | +96.3% |
| Gross operating margin | 9900 | -€2,099 | €2,324 | +€4,424 | |
| Operating profit (loss) | 9901 | -€2,226 | €2,076 | +€4,302 | |
| Financial income | 75/76B | €25 | - | -€25 | |
| Recurring financial income | 75 | €25 | - | -€25 | |
| Financial charges | 65/66B | €96 | €100 | +€4 | +4.5% |
| Recurring financial charges | 65 | €96 | €100 | +€4 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,296 | €1,976 | +€4,273 | |
| Profit (loss) for the period | 9904 | -€2,296 | €1,976 | +€4,273 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,296 | €1,976 | +€4,273 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.