MD Sales: 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 Sales
Largest movements
- Cash -€6,622
down €6,622 (-24.3%), from €27,273 to €20,651
mainly Tax, wage and social debts (-€4,178) and Other debts (-€2,336)
- Deferred charges and accrued income +€640
up €640 (+123%), from €519 to €1,159
- Receivables within one year -€347
down €347 (-79.8%), from €435 to €88
- Tax, wage and social debts -€4,178
no longer reported in 2025 (was €4,178)
- Other debts -€2,336
no longer reported in 2025 (was €2,336)
- Trade debts +€961
new in 2025: €961
- Reserves -€777
down €777 (-4.6%), from €16,713 to €15,937
- Gross operating margin -€22,238
down €22,238, from €22,047 to -€191
- Taxes -€4,178
no longer reported in 2025 (was €4,178)
- Other operating charges -€693
down €693 (-60.0%), from €1,155 to €462
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 | €28,228 | €21,898 | -€6,330 | -22.4% |
| Current assets | 29/58 | €28,228 | €21,898 | -€6,330 | -22.4% |
| Amounts receivable within one year | 40/41 | €435 | €88 | -€347 | -79.8% |
| Other amounts receivable | 41 | €435 | €88 | -€347 | -79.8% |
| Cash at bank and in hand | 54/58 | €27,273 | €20,651 | -€6,622 | -24.3% |
| Deferred charges and accrued income | 490/1 | €519 | €1,159 | +€640 | +123% |
| Total equity and liabilities | 10/49 | €28,228 | €21,898 | -€6,330 | -22.4% |
| Equity | 10/15 | €21,713 | €20,937 | -€777 | -3.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,713 | €15,937 | -€777 | -4.6% |
| Distributable reserves | 133 | €16,713 | €15,937 | -€777 | -4.6% |
| Amounts payable | 17/49 | €6,514 | €961 | -€5,553 | -85.2% |
| Amounts payable within one year | 42/48 | €6,514 | €961 | -€5,553 | -85.2% |
| Trade debts | 44 | - | €961 | +€961 | |
| Suppliers | 440/4 | - | €961 | +€961 | |
| Taxes, remuneration and social security | 45 | €4,178 | - | -€4,178 | |
| Taxes | 450/3 | €4,178 | - | -€4,178 | |
| Other amounts payable | 47/48 | €2,336 | - | -€2,336 | |
| Other operating charges | 640/8 | €1,155 | €462 | -€693 | -60.0% |
| Gross operating margin | 9900 | €22,047 | -€191 | -€22,238 | |
| Operating profit (loss) | 9901 | €20,892 | -€653 | -€21,545 | |
| Financial charges | 65/66B | - | €124 | +€124 | |
| Recurring financial charges | 65 | - | €124 | +€124 | |
| Profit (loss) for the period before taxes | 9903 | €20,892 | -€777 | -€21,668 | |
| Income taxes | 67/77 | €4,178 | - | -€4,178 | |
| Profit (loss) for the period | 9904 | €16,713 | -€777 | -€17,490 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,713 | -€777 | -€17,490 |
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 25 October 2026 via checked.be.