MD INTERIOR: what changed
What changed
MD INTERIOR
NACE 71.112, Activities of interior architects
filed annual accounts (NBB)
Net result for the year
-€6,465
2024 · €8,023-€14,489
Equity
€234,364
2024 · €240,829-€6,465
Cash
€79,129
2024 · €144,422-€65,294
Balance sheet total
€819,554
2024 · €981,075-€161,520
Largest movements
Assets
- Tangible fixed assets -€72,114
down €72,114 (-9.4%), from €764,347 to €692,233
of which Furniture and vehicles: -€36,552
- Cash -€65,294
down €65,294 (-45.2%), from €144,422 to €79,129
mainly Debts after one year (-€100,399) and Tax, wage and social debts (-€42,110)
- Receivables within one year -€19,925
down €19,925 (-34.0%), from €58,603 to €38,679
of which Trade receivables: -€21,925
Equity and liabilities
- Debts after one year -€100,399
down €100,399 (-16.9%), from €594,832 to €494,433
- Tax, wage and social debts -€42,110
down €42,110 (-65.1%), from €64,647 to €22,537
of which Taxes: -€42,321
Income statement
- Gross operating margin -€22,000
down €22,000 (-11.8%), from €185,853 to €163,853
- Staff costs +€7,909
up €7,909 (+13.7%), from €57,912 to €65,820
- Financial charges -€6,222
down €6,222 (-29.2%), from €21,306 to €15,084
- Taxes -€5,085
down €5,085 (-80.7%), from €6,302 to €1,217
- Depreciation -€4,510
down €4,510 (-5.2%), from €86,591 to €82,080
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€8,023
Gross operating margin
-€22,000
Staff costs
-€7,909
Depreciation
+€4,510
Other operating charges
+€634
Financial income
-€1,032
Financial charges
+€6,222
Taxes
+€5,085
Result 2025
-€6,465
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€41,017
Investment
-€4,633
Financing
-€101,677
Cash 2024
€144,422
From operations (derived)
+€41,017
Net result for the year
-€6,465
Depreciation
+€82,080
Receivables within one year
+€19,925
Deferred charges and accrued income
-€1,145
Trade debts
-€718
Tax, wage and social debts
-€42,110
Other debts
-€9,796
Accrued charges and deferred income
-€754
Investment (derived)
-€4,633
Investment in fixed assets (net)
-€4,633
Financing
-€101,677
Debts after one year
-€100,399
Current portion of long-term debt
-€1,279
Cash 2025
€79,129
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €981,075 | €819,554 | -€161,520 | -16.5% |
| Fixed assets | 21/28 | €772,097 | €694,650 | -€77,448 | -10.0% |
| Intangible fixed assets | 21 | €7,750 | €2,417 | -€5,333 | -68.8% |
| Tangible fixed assets | 22/27 | €764,347 | €692,233 | -€72,114 | -9.4% |
| Land and buildings | 22 | €557,446 | €534,600 | -€22,846 | -4.1% |
| Plant, machinery and equipment | 23 | €99,556 | €86,839 | -€12,716 | -12.8% |
| Furniture and vehicles | 24 | €107,345 | €70,794 | -€36,552 | -34.1% |
| Current assets | 29/58 | €208,977 | €124,904 | -€84,073 | -40.2% |
| Amounts receivable within one year | 40/41 | €58,603 | €38,679 | -€19,925 | -34.0% |
| Trade receivables | 40 | €50,906 | €28,981 | -€21,925 | -43.1% |
| Other amounts receivable | 41 | €7,698 | €9,698 | +€2,000 | +26.0% |
| Cash at bank and in hand | 54/58 | €144,422 | €79,129 | -€65,294 | -45.2% |
| Deferred charges and accrued income | 490/1 | €5,952 | €7,097 | +€1,145 | +19.2% |
| Total equity and liabilities | 10/49 | €981,075 | €819,554 | -€161,520 | -16.5% |
| Equity | 10/15 | €240,829 | €234,364 | -€6,465 | -2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €224,494 | €224,494 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €222,634 | €224,494 | +€1,860 | +0.8% |
| Profit (loss) carried forward | 14 | -€2,265 | -€8,731 | -€6,465 | -285% |
| Amounts payable | 17/49 | €740,246 | €585,191 | -€155,055 | -20.9% |
| Amounts payable after more than one year | 17 | €594,832 | €494,433 | -€100,399 | -16.9% |
| Financial debts | 170/4 | €594,832 | €494,433 | -€100,399 | -16.9% |
| Amounts payable within one year | 42/48 | €141,774 | €87,872 | -€53,902 | -38.0% |
| Current portion of amounts payable after more than one year | 42 | €64,473 | €63,195 | -€1,279 | -2.0% |
| Trade debts | 44 | €2,858 | €2,140 | -€718 | -25.1% |
| Suppliers | 440/4 | €2,858 | €2,140 | -€718 | -25.1% |
| Taxes, remuneration and social security | 45 | €64,647 | €22,537 | -€42,110 | -65.1% |
| Taxes | 450/3 | €57,957 | €15,636 | -€42,321 | -73.0% |
| Remuneration and social security | 454/9 | €6,690 | €6,901 | +€211 | +3.1% |
| Other amounts payable | 47/48 | €9,796 | - | -€9,796 | |
| Accrued charges and deferred income | 492/3 | €3,640 | €2,886 | -€754 | -20.7% |
| Remuneration, social security and pensions | 62 | €57,912 | €65,820 | +€7,909 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,591 | €82,080 | -€4,510 | -5.2% |
| Other operating charges | 640/8 | €6,750 | €6,117 | -€634 | -9.4% |
| Gross operating margin | 9900 | €185,853 | €163,853 | -€22,000 | -11.8% |
| Operating profit (loss) | 9901 | €34,600 | €9,835 | -€24,764 | -71.6% |
| Financial income | 75/76B | €1,032 | - | -€1,032 | |
| Recurring financial income | 75 | €1,032 | - | -€1,032 | |
| Financial charges | 65/66B | €21,306 | €15,084 | -€6,222 | -29.2% |
| Recurring financial charges | 65 | €21,306 | €15,084 | -€6,222 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €14,325 | -€5,249 | -€19,574 | |
| Income taxes | 67/77 | €6,302 | €1,217 | -€5,085 | -80.7% |
| Profit (loss) for the period | 9904 | €8,023 | -€6,465 | -€14,489 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,023 | -€6,465 | -€14,489 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.