MD SRL: what changed
Two fiscal 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 SRL
Largest movements
- Receivables within one year +€53,405
up €53,405 (+899.0%), from €5,941 to €59,345
of which Other amounts receivable: +€41,280
- Financial fixed assets -€5,370
down €5,370 (-96.3%), from €5,575 to €205
- Trade debts +€77,101
up €77,101 (+455.4%), from €16,929 to €94,030
- Profit (loss) carried forward -€22,923
down €22,923 (-230.8%), from -€9,932 to -€32,854
- Other debts -€3,971
no longer reported in 2024 (was €3,971)
- Tax, wage and social debts -€1,828
no longer reported in 2024 (was €1,828)
- Purchases and services -€54,061
no longer reported in 2024 (was €54,061)
- Turnover -€53,776
no longer reported in 2024 (was €53,776)
- Gross operating margin -€20,787
down €20,787 (-7275.4%), from -€286 to -€21,073
- Staff costs +€816
new in 2024: €816
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.
Cash bridge derived
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 | €13,996 | €62,376 | +€48,379 | +345.7% |
| Fixed assets | 21/28 | €6,377 | €637 | -€5,740 | -90.0% |
| Tangible fixed assets | 22/27 | €802 | €432 | -€370 | -46.2% |
| Furniture and vehicles | 24 | €802 | €432 | -€370 | -46.2% |
| Financial fixed assets | 28 | €5,575 | €205 | -€5,370 | -96.3% |
| Current assets | 29/58 | €7,619 | €61,738 | +€54,119 | +710.3% |
| Amounts receivable within one year | 40/41 | €5,941 | €59,345 | +€53,405 | +899.0% |
| Trade receivables | 40 | €981 | €13,106 | +€12,125 | +1236.6% |
| Other amounts receivable | 41 | €4,960 | €46,240 | +€41,280 | +832.2% |
| Cash at bank and in hand | 54/58 | €1,678 | €2,173 | +€495 | +29.5% |
| Deferred charges and accrued income | 490/1 | - | €220 | +€220 | |
| Total equity and liabilities | 10/49 | €13,996 | €62,376 | +€48,379 | +345.7% |
| Equity | 10/15 | -€8,732 | -€31,654 | -€22,923 | -262.5% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,932 | -€32,854 | -€22,923 | -230.8% |
| Amounts payable | 17/49 | €22,728 | €94,030 | +€71,302 | +313.7% |
| Amounts payable within one year | 42/48 | €22,728 | €94,030 | +€71,302 | +313.7% |
| Trade debts | 44 | €16,929 | €94,030 | +€77,101 | +455.4% |
| Suppliers | 440/4 | €16,929 | €94,030 | +€77,101 | +455.4% |
| Taxes, remuneration and social security | 45 | €1,828 | - | -€1,828 | |
| Taxes | 450/3 | €1,828 | - | -€1,828 | |
| Other amounts payable | 47/48 | €3,971 | - | -€3,971 | |
| Turnover | 70 | €53,776 | - | -€53,776 | |
| Goods, raw materials, services and sundry goods | 60/61 | €54,061 | - | -€54,061 | |
| Remuneration, social security and pensions | 62 | - | €816 | +€816 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €309 | €370 | +€62 | +20.0% |
| Other operating charges | 640/8 | - | €287 | +€287 | |
| Gross operating margin | 9900 | -€286 | -€21,073 | -€20,787 | -7275.4% |
| Operating profit (loss) | 9901 | -€594 | -€22,547 | -€21,952 | -3693.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €839 | €376 | -€463 | -55.2% |
| Recurring financial charges | 65 | €839 | €376 | -€463 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,433 | -€22,923 | -€21,490 | -1500.1% |
| Profit (loss) for the period | 9904 | -€1,433 | -€22,923 | -€21,490 | -1500.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,433 | -€22,923 | -€21,490 | -1500.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.