MDA Alayan Group: 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.
MDA Alayan Group
Largest movements
- Receivables within one year +€45,486
up €45,486 (+134.4%), from €33,832 to €79,318
of which Other amounts receivable: +€25,381
- Cash -€31,626
down €31,626 (-66.2%), from €47,755 to €16,128
mainly Net result for the year (-€46,763) and Receivables within one year (-€45,486)
- Tangible fixed assets -€9,749
down €9,749 (-100.0%), from €9,749 to €0
- Trade debts +€70,259
new in 2025: €70,259
- Profit (loss) carried forward -€46,763
down €46,763 (-646.8%), from -€7,230 to -€53,993
- Other debts -€19,420
down €19,420 (-100.0%), from €19,420 to €0
- Gross operating margin -€101,617
down €101,617, from €84,745 to -€16,873
- Taxes -€20,829
down €20,829 (-97.3%), from €21,416 to €587
- Other operating charges +€4,553
up €4,553 (+1018.3%), from €447 to €5,000
- Depreciation -€3,200
down €3,200 (-100.0%), from €3,200 to €0
- Financial income -€881
down €881 (-100.0%), from €881 to €0
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 | €91,606 | €96,269 | +€4,663 | +5.1% |
| Fixed assets | 21/28 | €9,749 | €0 | -€9,749 | -100.0% |
| Tangible fixed assets | 22/27 | €9,749 | €0 | -€9,749 | -100.0% |
| Furniture and vehicles | 24 | €9,749 | €0 | -€9,749 | -100.0% |
| Current assets | 29/58 | €81,857 | €96,269 | +€14,412 | +17.6% |
| Amounts receivable within one year | 40/41 | €33,832 | €79,318 | +€45,486 | +134.4% |
| Trade receivables | 40 | €17,895 | €38,000 | +€20,105 | +112.3% |
| Other amounts receivable | 41 | €15,937 | €41,318 | +€25,381 | +159.3% |
| Cash at bank and in hand | 54/58 | €47,755 | €16,128 | -€31,626 | -66.2% |
| Deferred charges and accrued income | 490/1 | €271 | €823 | +€552 | +204.0% |
| Total equity and liabilities | 10/49 | €91,606 | €96,269 | +€4,663 | +5.1% |
| Equity | 10/15 | €50,770 | €4,007 | -€46,763 | -92.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €55,000 | €55,000 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,230 | -€53,993 | -€46,763 | -646.8% |
| Amounts payable | 17/49 | €40,836 | €92,262 | +€51,426 | +125.9% |
| Amounts payable within one year | 42/48 | €40,836 | €92,262 | +€51,426 | +125.9% |
| Trade debts | 44 | - | €70,259 | +€70,259 | |
| Suppliers | 440/4 | - | €70,259 | +€70,259 | |
| Taxes, remuneration and social security | 45 | €21,416 | €22,003 | +€587 | +2.7% |
| Taxes | 450/3 | €21,416 | €22,003 | +€587 | +2.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €19,420 | €0 | -€19,420 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,200 | €0 | -€3,200 | -100.0% |
| Other operating charges | 640/8 | €447 | €5,000 | +€4,553 | +1018.3% |
| Non-recurring operating charges | 66A | - | €22,566 | +€22,566 | |
| Gross operating margin | 9900 | €84,745 | -€16,873 | -€101,617 | |
| Operating profit (loss) | 9901 | €81,098 | -€44,439 | -€125,536 | |
| Financial income | 75/76B | €881 | €0 | -€881 | -100.0% |
| Recurring financial income | 75 | €881 | €0 | -€881 | -100.0% |
| Financial charges | 65/66B | €1,014 | €1,738 | +€723 | +71.3% |
| Recurring financial charges | 65 | €1,014 | €1,738 | +€723 | +71.3% |
| Profit (loss) for the period before taxes | 9903 | €80,964 | -€46,176 | -€127,140 | |
| Income taxes | 67/77 | €21,416 | €587 | -€20,829 | -97.3% |
| Profit (loss) for the period | 9904 | €59,549 | -€46,763 | -€106,312 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,549 | -€46,763 | -€106,312 |
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 10 October 2026 via checked.be.