MDA COMPANY: 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 COMPANY
Largest movements
- Receivables within one year +€69,901
up €69,901 (+55.2%), from €126,674 to €196,574
of which Trade receivables: +€69,029
- Trade debts +€38,780
up €38,780 (+150%), from €25,837 to €64,616
- Other debts +€29,784
up €29,784 (+40.2%), from €74,024 to €103,808
- Gross operating margin -€17,403
down €17,403 (-74.7%), from €23,312 to €5,909
- Taxes +€3,623
new in 2023: €3,623
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,522 | €202,700 | +€70,178 | +53.0% |
| Fixed assets | 21/28 | €383 | €0 | -€383 | -100% |
| Tangible fixed assets | 22/27 | €383 | €0 | -€383 | -100% |
| Furniture and vehicles | 24 | €383 | €0 | -€383 | -100% |
| Current assets | 29/58 | €132,139 | €202,700 | +€70,561 | +53.4% |
| Amounts receivable within one year | 40/41 | €126,674 | €196,574 | +€69,901 | +55.2% |
| Trade receivables | 40 | €125,478 | €194,507 | +€69,029 | +55.0% |
| Other amounts receivable | 41 | €1,195 | €2,067 | +€872 | +72.9% |
| Cash at bank and in hand | 54/58 | €5,466 | €6,126 | +€660 | +12.1% |
| Total equity and liabilities | 10/49 | €132,522 | €202,700 | +€70,178 | +53.0% |
| Equity | 10/15 | €32,661 | €34,276 | +€1,615 | +4.9% |
| Contributions | 10/11 | €1,150 | €1,150 | = | 0.0% |
| Reserves | 13 | €115 | €115 | = | 0.0% |
| Non-distributable reserves | 130/1 | €115 | €115 | = | 0.0% |
| Reserves not available under the articles | 1311 | €115 | €115 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,396 | €33,011 | +€1,615 | +5.1% |
| Amounts payable | 17/49 | €99,861 | €168,424 | +€68,563 | +68.7% |
| Amounts payable within one year | 42/48 | €99,861 | €168,424 | +€68,563 | +68.7% |
| Trade debts | 44 | €25,837 | €64,616 | +€38,780 | +150% |
| Suppliers | 440/4 | €25,837 | €64,616 | +€38,780 | +150% |
| Other amounts payable | 47/48 | €74,024 | €103,808 | +€29,784 | +40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €383 | €383 | +€0 | 0.0% |
| Gross operating margin | 9900 | €23,312 | €5,909 | -€17,403 | -74.7% |
| Operating profit (loss) | 9901 | €22,929 | €5,526 | -€17,403 | -75.9% |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €173 | €288 | +€116 | +67.0% |
| Recurring financial charges | 65 | €173 | €288 | +€116 | +67.0% |
| Profit (loss) for the period before taxes | 9903 | €22,806 | €5,238 | -€17,569 | -77.0% |
| Income taxes | 67/77 | - | €3,623 | +€3,623 | |
| Profit (loss) for the period | 9904 | €22,806 | €1,615 | -€21,191 | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,806 | €1,615 | -€21,191 | -92.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.