MD MANAGEMENT SRL: 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 MANAGEMENT SRL
Largest movements
- Tangible fixed assets -€7,139
down €7,139 (-11.9%), from €59,863 to €52,724
of which Furniture and vehicles: -€12,737
- Receivables within one year -€1,293
down €1,293 (-4.0%), from €32,500 to €31,207
of which Trade receivables: -€2,283
- Tax, wage and social debts -€8,387
down €8,387 (-77.8%), from €10,781 to €2,394
- Other debts -€3,764
down €3,764 (-20.1%), from €18,684 to €14,920
- Profit (loss) carried forward +€2,937
up €2,937 (+3.3%), from €89,489 to €92,426
- Gross operating margin -€5,987
down €5,987 (-18.9%), from €31,718 to €25,731
- Depreciation +€1,271
up €1,271 (+7.8%), from €16,305 to €17,575
- Other operating charges -€688
down €688 (-39.1%), from €1,762 to €1,074
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 | €128,472 | €119,031 | -€9,440 | -7.3% |
| Fixed assets | 21/28 | €59,863 | €52,724 | -€7,139 | -11.9% |
| Tangible fixed assets | 22/27 | €59,863 | €52,724 | -€7,139 | -11.9% |
| Plant, machinery and equipment | 23 | €27,517 | €33,114 | +€5,598 | +20.3% |
| Furniture and vehicles | 24 | €32,347 | €19,610 | -€12,737 | -39.4% |
| Current assets | 29/58 | €68,609 | €66,308 | -€2,301 | -3.4% |
| Amounts receivable within one year | 40/41 | €32,500 | €31,207 | -€1,293 | -4.0% |
| Trade receivables | 40 | €32,500 | €30,217 | -€2,283 | -7.0% |
| Other amounts receivable | 41 | - | €990 | +€990 | |
| Cash at bank and in hand | 54/58 | €35,255 | €34,224 | -€1,031 | -2.9% |
| Deferred charges and accrued income | 490/1 | €854 | €877 | +€24 | +2.8% |
| Total equity and liabilities | 10/49 | €128,472 | €119,031 | -€9,440 | -7.3% |
| Equity | 10/15 | €94,489 | €97,426 | +€2,937 | +3.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,489 | €92,426 | +€2,937 | +3.3% |
| Amounts payable | 17/49 | €33,983 | €21,605 | -€12,378 | -36.4% |
| Amounts payable within one year | 42/48 | €33,983 | €21,605 | -€12,378 | -36.4% |
| Trade debts | 44 | €4,518 | €4,292 | -€226 | -5.0% |
| Suppliers | 440/4 | €4,518 | €4,292 | -€226 | -5.0% |
| Taxes, remuneration and social security | 45 | €10,781 | €2,394 | -€8,387 | -77.8% |
| Taxes | 450/3 | €10,781 | €2,394 | -€8,387 | -77.8% |
| Other amounts payable | 47/48 | €18,684 | €14,920 | -€3,764 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,305 | €17,575 | +€1,271 | +7.8% |
| Other operating charges | 640/8 | €1,762 | €1,074 | -€688 | -39.1% |
| Gross operating margin | 9900 | €31,718 | €25,731 | -€5,987 | -18.9% |
| Operating profit (loss) | 9901 | €13,651 | €7,082 | -€6,569 | -48.1% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €134 | €140 | +€6 | +4.2% |
| Recurring financial charges | 65 | €134 | €140 | +€6 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €13,527 | €6,942 | -€6,585 | -48.7% |
| Income taxes | 67/77 | €4,193 | €4,005 | -€188 | -4.5% |
| Profit (loss) for the period | 9904 | €9,334 | €2,937 | -€6,397 | -68.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,334 | €2,937 | -€6,397 | -68.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.