MD MULTI SERVICES: 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 MULTI SERVICES
Largest movements
- Receivables within one year +€14,320
up €14,320 (+26.5%), from €53,942 to €68,262
of which Trade receivables: +€17,262
- Cash +€4,431
up €4,431 (+15.5%), from €28,513 to €32,944
mainly Trade debts (+€11,053) and Net result for the year (+€4,114)
- Trade debts +€11,053
up €11,053 (+71.6%), from €15,438 to €26,491
- Profit (loss) carried forward +€4,114
up €4,114 (+7.7%), from €53,555 to €57,669
- Tax, wage and social debts +€2,385
up €2,385 (+261%), from €915 to €3,300
of which Remuneration and social security: +€3,300
- Turnover -€37,688
down €37,688 (-22.0%), from €171,430 to €133,742
- Purchases and services -€21,629
down €21,629 (-14.7%), from €147,187 to €125,557
- Gross operating margin -€16,059
down €16,059 (-66.2%), from €24,243 to €8,185
- Depreciation +€3,161
new in 2024: €3,161
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.
Derived cash bridge
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 | €82,987 | €101,738 | +€18,752 | +22.6% |
| Fixed assets | 21/28 | €532 | €532 | = | 0.0% |
| Financial fixed assets | 28 | €532 | €532 | = | 0.0% |
| Current assets | 29/58 | €82,455 | €101,207 | +€18,752 | +22.7% |
| Amounts receivable within one year | 40/41 | €53,942 | €68,262 | +€14,320 | +26.5% |
| Trade receivables | 40 | €37,570 | €54,832 | +€17,262 | +45.9% |
| Other amounts receivable | 41 | €16,372 | €13,431 | -€2,942 | -18.0% |
| Cash at bank and in hand | 54/58 | €28,513 | €32,944 | +€4,431 | +15.5% |
| Total equity and liabilities | 10/49 | €82,987 | €101,738 | +€18,752 | +22.6% |
| Equity | 10/15 | €66,634 | €70,748 | +€4,114 | +6.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €679 | €679 | = | 0.0% |
| Non-distributable reserves | 130/1 | €679 | €679 | = | 0.0% |
| Legal reserve | 130 | €679 | €679 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,555 | €57,669 | +€4,114 | +7.7% |
| Amounts payable | 17/49 | €16,353 | €30,990 | +€14,637 | +89.5% |
| Amounts payable within one year | 42/48 | €16,353 | €30,990 | +€14,637 | +89.5% |
| Financial debts | 43 | - | €456 | +€456 | |
| Credit institutions | 430/8 | - | €456 | +€456 | |
| Trade debts | 44 | €15,438 | €26,491 | +€11,053 | +71.6% |
| Suppliers | 440/4 | €15,438 | €26,491 | +€11,053 | +71.6% |
| Taxes, remuneration and social security | 45 | €915 | €3,300 | +€2,385 | +261% |
| Taxes | 450/3 | €915 | - | -€915 | |
| Remuneration and social security | 454/9 | - | €3,300 | +€3,300 | |
| Other amounts payable | 47/48 | - | €743 | +€743 | |
| Turnover | 70 | €171,430 | €133,742 | -€37,688 | -22.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €147,187 | €125,557 | -€21,629 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,161 | +€3,161 | |
| Other operating charges | 640/8 | €810 | €322 | -€488 | -60.2% |
| Gross operating margin | 9900 | €24,243 | €8,185 | -€16,059 | -66.2% |
| Operating profit (loss) | 9901 | €23,434 | €4,702 | -€18,732 | -79.9% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €306 | €588 | +€282 | +92.2% |
| Recurring financial charges | 65 | €306 | €588 | +€282 | +92.2% |
| Profit (loss) for the period before taxes | 9903 | €23,158 | €4,114 | -€19,043 | -82.2% |
| Profit (loss) for the period | 9904 | €23,158 | €4,114 | -€19,043 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,158 | €4,114 | -€19,043 | -82.2% |
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 15 October 2026 via checked.be.