MD Fleet 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 Fleet Consulting
Largest movements
- Receivables within one year -€3,253
down €3,253 (-14.2%), from €22,955 to €19,702
of which Other amounts receivable: -€6,927
- Tangible fixed assets -€659
down €659 (-12.8%), from €5,166 to €4,507
of which Other tangible fixed assets: -€850
- Other debts -€8,595
down €8,595 (-76.8%), from €11,185 to €2,589
- Tax, wage and social debts +€4,363
up €4,363 (+28.6%), from €15,240 to €19,603
of which Taxes: +€4,363
- Profit (loss) carried forward +€1,219
up €1,219 (+359%), from €339 to €1,558
- Accrued charges and deferred income -€552
no longer reported in 2025 (was €552)
- Gross operating margin -€13,423
down €13,423 (-62.1%), from €21,602 to €8,179
- Depreciation +€349
up €349 (+33.2%), from €1,052 to €1,402
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 | €52,355 | €48,930 | -€3,425 | -6.5% |
| Fixed assets | 21/28 | €5,166 | €4,507 | -€659 | -12.8% |
| Tangible fixed assets | 22/27 | €5,166 | €4,507 | -€659 | -12.8% |
| Furniture and vehicles | 24 | €1,475 | €1,666 | +€191 | +13.0% |
| Other tangible fixed assets | 26 | €3,691 | €2,841 | -€850 | -23.0% |
| Current assets | 29/58 | €47,190 | €44,423 | -€2,767 | -5.9% |
| Amounts receivable within one year | 40/41 | €22,955 | €19,702 | -€3,253 | -14.2% |
| Trade receivables | 40 | €13,750 | €17,424 | +€3,674 | +26.7% |
| Other amounts receivable | 41 | €9,205 | €2,278 | -€6,927 | -75.3% |
| Cash at bank and in hand | 54/58 | €23,638 | €23,853 | +€214 | +0.9% |
| Deferred charges and accrued income | 490/1 | €596 | €869 | +€272 | +45.6% |
| Total equity and liabilities | 10/49 | €52,355 | €48,930 | -€3,425 | -6.5% |
| Equity | 10/15 | €23,372 | €24,591 | +€1,219 | +5.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €10,633 | €10,633 | = | 0.0% |
| Distributable reserves | 133 | €10,633 | €10,633 | = | 0.0% |
| Profit (loss) carried forward | 14 | €339 | €1,558 | +€1,219 | +359% |
| Amounts payable | 17/49 | €28,983 | €24,339 | -€4,644 | -16.0% |
| Amounts payable within one year | 42/48 | €28,431 | €24,339 | -€4,092 | -14.4% |
| Trade debts | 44 | €2,007 | €2,146 | +€140 | +7.0% |
| Suppliers | 440/4 | €2,007 | €2,146 | +€140 | +7.0% |
| Taxes, remuneration and social security | 45 | €15,240 | €19,603 | +€4,363 | +28.6% |
| Taxes | 450/3 | €11,740 | €16,103 | +€4,363 | +37.2% |
| Remuneration and social security | 454/9 | €3,500 | €3,500 | = | 0.0% |
| Other amounts payable | 47/48 | €11,185 | €2,589 | -€8,595 | -76.8% |
| Accrued charges and deferred income | 492/3 | €552 | - | -€552 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,052 | €1,402 | +€349 | +33.2% |
| Other operating charges | 640/8 | €326 | €220 | -€106 | -32.5% |
| Gross operating margin | 9900 | €21,602 | €8,179 | -€13,423 | -62.1% |
| Operating profit (loss) | 9901 | €20,224 | €6,557 | -€13,667 | -67.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €377 | €297 | -€80 | -21.2% |
| Recurring financial charges | 65 | €377 | €297 | -€80 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €19,847 | €6,261 | -€13,587 | -68.5% |
| Income taxes | 67/77 | €5,222 | €5,042 | -€181 | -3.5% |
| Profit (loss) for the period | 9904 | €14,625 | €1,219 | -€13,406 | -91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,625 | €1,219 | -€13,406 | -91.7% |
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 30 October 2026 via checked.be.