MD TECHNIEK: 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 TECHNIEK
Largest movements
- Receivables within one year +€11,459
up €11,459 (+32.9%), from €34,782 to €46,242
of which Other amounts receivable: +€13,013
- Cash +€6,614
up €6,614 (+152.5%), from €4,337 to €10,950
mainly Net result for the year (+€25,999) and Tax, wage and social debts (+€4,334)
- Profit (loss) carried forward +€25,999
up €25,999 (+262.8%), from €9,892 to €35,892
- Trade debts -€11,864
down €11,864 (-34.2%), from €34,693 to €22,828
- Tax, wage and social debts +€4,334
up €4,334 (+112.5%), from €3,854 to €8,188
of which Taxes: +€4,334
- Gross operating margin +€19,829
up €19,829 (+96.9%), from €20,472 to €40,301
- Staff costs -€6,125
down €6,125 (-96.8%), from €6,325 to €200
- Taxes +€4,036
up €4,036 (+163.2%), from €2,473 to €6,509
- Other operating charges +€906
up €906 (+1461.5%), from €62 to €968
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.
Cash bridge derived
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 | €50,759 | €68,908 | +€18,149 | +35.8% |
| Fixed assets | 21/28 | €11,640 | €11,264 | -€375 | -3.2% |
| Tangible fixed assets | 22/27 | €11,640 | €11,264 | -€375 | -3.2% |
| Plant, machinery and equipment | 23 | - | €1,054 | +€1,054 | |
| Furniture and vehicles | 24 | €11,640 | €10,211 | -€1,429 | -12.3% |
| Current assets | 29/58 | €39,119 | €57,644 | +€18,525 | +47.4% |
| Amounts receivable within one year | 40/41 | €34,782 | €46,242 | +€11,459 | +32.9% |
| Trade receivables | 40 | €33,984 | €32,431 | -€1,553 | -4.6% |
| Other amounts receivable | 41 | €798 | €13,811 | +€13,013 | +1630.2% |
| Cash at bank and in hand | 54/58 | €4,337 | €10,950 | +€6,614 | +152.5% |
| Deferred charges and accrued income | 490/1 | - | €452 | +€452 | |
| Total equity and liabilities | 10/49 | €50,759 | €68,908 | +€18,149 | +35.8% |
| Equity | 10/15 | €11,892 | €37,892 | +€25,999 | +218.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,892 | €35,892 | +€25,999 | +262.8% |
| Amounts payable | 17/49 | €38,867 | €31,017 | -€7,850 | -20.2% |
| Amounts payable within one year | 42/48 | €38,867 | €31,017 | -€7,850 | -20.2% |
| Trade debts | 44 | €34,693 | €22,828 | -€11,864 | -34.2% |
| Suppliers | 440/4 | €34,693 | €22,828 | -€11,864 | -34.2% |
| Taxes, remuneration and social security | 45 | €3,854 | €8,188 | +€4,334 | +112.5% |
| Taxes | 450/3 | €2,473 | €6,807 | +€4,334 | +175.3% |
| Remuneration and social security | 454/9 | €1,381 | €1,381 | = | 0.0% |
| Other amounts payable | 47/48 | €320 | - | -€320 | |
| Remuneration, social security and pensions | 62 | €6,325 | €200 | -€6,125 | -96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,639 | €1,519 | -€121 | -7.4% |
| Other operating charges | 640/8 | €62 | €968 | +€906 | +1461.5% |
| Non-recurring operating charges | 66A | - | €5,402 | +€5,402 | |
| Gross operating margin | 9900 | €20,472 | €40,301 | +€19,829 | +96.9% |
| Operating profit (loss) | 9901 | €12,445 | €32,212 | +€19,767 | +158.8% |
| Financial income | 75/76B | - | €356 | +€356 | |
| Recurring financial income | 75 | - | €356 | +€356 | |
| Financial charges | 65/66B | €80 | €60 | -€20 | -25.0% |
| Recurring financial charges | 65 | €80 | €60 | -€20 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €12,365 | €32,508 | +€20,143 | +162.9% |
| Income taxes | 67/77 | €2,473 | €6,509 | +€4,036 | +163.2% |
| Profit (loss) for the period | 9904 | €9,892 | €25,999 | +€16,107 | +162.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,892 | €25,999 | +€16,107 | +162.8% |
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 11 October 2026 via checked.be.