Mda Consult: 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 Consult
Largest movements
- Cash +€74,257
up €74,257 (+6,242%), from €1,190 to €75,447
mainly Net result for the year (+€204,778) and Receivables within one year (+€55,598)
- Receivables within one year -€55,598
down €55,598 (-94.9%), from €58,598 to €3,000
of which Trade receivables: -€55,598
- Tangible fixed assets +€35,634
up €35,634 (+86.6%), from €41,164 to €76,798
- Receivables after one year +€6,506
up €6,506 (+5.1%), from €127,716 to €134,222
- Tax, wage and social debts +€41,613
up €41,613 (+74.7%), from €55,709 to €97,322
of which Taxes: +€40,711
- Reserves +€40,000
up €40,000 (+40.0%), from €100,000 to €140,000
- Current portion of long-term debt -€13,438
down €13,438 (-28.3%), from €47,444 to €34,006
- Accrued charges and deferred income -€6,000
no longer reported in 2025 (was €6,000)
- Profit (loss) carried forward +€4,778
up €4,778 (+79.8%), from €5,990 to €10,767
- Gross operating margin +€188,491
up €188,491 (+184%), from €102,490 to €290,981
- Taxes +€56,335
up €56,335 (+319%), from €17,665 to €74,000
- Depreciation -€17,335
down €17,335 (-97.4%), from €17,803 to €468
- Financial charges +€5,825
up €5,825 (+97.5%), from €5,971 to €11,796
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 | €228,668 | €289,467 | +€60,799 | +26.6% |
| Fixed assets | 21/28 | €41,164 | €76,798 | +€35,634 | +86.6% |
| Tangible fixed assets | 22/27 | €41,164 | €76,798 | +€35,634 | +86.6% |
| Plant, machinery and equipment | 23 | - | €9,539 | +€9,539 | |
| Furniture and vehicles | 24 | €10,914 | €22,377 | +€11,464 | +105% |
| Other tangible fixed assets | 26 | €30,250 | €44,882 | +€14,632 | +48.4% |
| Current assets | 29/58 | €187,504 | €212,669 | +€25,165 | +13.4% |
| Amounts receivable after more than one year | 29 | €127,716 | €134,222 | +€6,506 | +5.1% |
| Trade receivables | 290 | €127,716 | €134,222 | +€6,506 | +5.1% |
| Amounts receivable within one year | 40/41 | €58,598 | €3,000 | -€55,598 | -94.9% |
| Trade receivables | 40 | €55,598 | - | -€55,598 | |
| Other amounts receivable | 41 | €3,000 | €3,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,190 | €75,447 | +€74,257 | +6,242% |
| Total equity and liabilities | 10/49 | €228,668 | €289,467 | +€60,799 | +26.6% |
| Equity | 10/15 | €110,990 | €155,767 | +€44,778 | +40.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €140,000 | +€40,000 | +40.0% |
| Distributable reserves | 133 | €100,000 | €140,000 | +€40,000 | +40.0% |
| Profit (loss) carried forward | 14 | €5,990 | €10,767 | +€4,778 | +79.8% |
| Amounts payable | 17/49 | €117,678 | €133,700 | +€16,021 | +13.6% |
| Amounts payable after more than one year | 17 | €1,897 | - | -€1,897 | |
| Financial debts | 170/4 | €1,897 | - | -€1,897 | |
| Amounts payable within one year | 42/48 | €109,781 | €133,700 | +€23,918 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €47,444 | €34,006 | -€13,438 | -28.3% |
| Trade debts | 44 | €6,628 | €2,372 | -€4,256 | -64.2% |
| Suppliers | 440/4 | €6,628 | €2,372 | -€4,256 | -64.2% |
| Taxes, remuneration and social security | 45 | €55,709 | €97,322 | +€41,613 | +74.7% |
| Taxes | 450/3 | €55,709 | €96,420 | +€40,711 | +73.1% |
| Remuneration and social security | 454/9 | - | €902 | +€902 | |
| Accrued charges and deferred income | 492/3 | €6,000 | - | -€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,803 | €468 | -€17,335 | -97.4% |
| Other operating charges | 640/8 | €956 | - | -€956 | |
| Gross operating margin | 9900 | €102,490 | €290,981 | +€188,491 | +184% |
| Operating profit (loss) | 9901 | €83,731 | €290,514 | +€206,783 | +247% |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €5,971 | €11,796 | +€5,825 | +97.5% |
| Recurring financial charges | 65 | €5,971 | €11,796 | +€5,825 | +97.5% |
| Profit (loss) for the period before taxes | 9903 | €77,759 | €278,778 | +€201,018 | +259% |
| Income taxes | 67/77 | €17,665 | €74,000 | +€56,335 | +319% |
| Profit (loss) for the period | 9904 | €60,095 | €204,778 | +€144,683 | +241% |
| Profit (loss) for the period to be appropriated | 9905 | €60,095 | €204,778 | +€144,683 | +241% |
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 16 October 2026 via checked.be.