MDA@CONSULT: 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.
MDA@CONSULT
Largest movements
- Cash +€125,817
up €125,817 (+51.3%), from €245,066 to €370,883
mainly Other debts (+€92,116) and Net result for the year (+€83,658)
- Receivables within one year -€28,861
down €28,861 (-34.7%), from €83,230 to €54,369
of which Trade receivables: -€24,931
- Other debts +€92,116
up €92,116 (+32.5%), from €283,530 to €375,645
- Gross operating margin +€78,047
up €78,047, from -€1,662 to €76,385
- Taxes +€4,787
up €4,787 (+4261.9%), from €112 to €4,900
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 | €879,818 | €979,259 | +€99,441 | +11.3% |
| Current assets | 29/58 | €879,818 | €979,259 | +€99,441 | +11.3% |
| Amounts receivable within one year | 40/41 | €83,230 | €54,369 | -€28,861 | -34.7% |
| Trade receivables | 40 | €77,299 | €52,367 | -€24,931 | -32.3% |
| Other amounts receivable | 41 | €5,931 | €2,001 | -€3,930 | -66.3% |
| Current investments | 50/53 | €550,000 | €553,816 | +€3,816 | +0.7% |
| Cash at bank and in hand | 54/58 | €245,066 | €370,883 | +€125,817 | +51.3% |
| Deferred charges and accrued income | 490/1 | €1,523 | €191 | -€1,332 | -87.4% |
| Total equity and liabilities | 10/49 | €879,818 | €979,259 | +€99,441 | +11.3% |
| Equity | 10/15 | €83,211 | €86,869 | +€3,658 | +4.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €18,750 | €18,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,001 | €47,659 | +€3,658 | +8.3% |
| Amounts payable | 17/49 | €796,607 | €892,390 | +€95,783 | +12.0% |
| Amounts payable within one year | 42/48 | €796,607 | €892,390 | +€95,783 | +12.0% |
| Trade debts | 44 | €513,069 | €516,745 | +€3,676 | +0.7% |
| Suppliers | 440/4 | €513,069 | €516,745 | +€3,676 | +0.7% |
| Taxes, remuneration and social security | 45 | €9 | - | -€9 | |
| Taxes | 450/3 | €9 | - | -€9 | |
| Other amounts payable | 47/48 | €283,530 | €375,645 | +€92,116 | +32.5% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€1,662 | €76,385 | +€78,047 | |
| Operating profit (loss) | 9901 | -€1,780 | €76,265 | +€78,045 | |
| Financial income | 75/76B | €12,375 | €12,364 | -€11 | -0.1% |
| Recurring financial income | 75 | €12,375 | €12,364 | -€11 | -0.1% |
| Financial charges | 65/66B | €66 | €71 | +€5 | +7.4% |
| Recurring financial charges | 65 | €66 | €71 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €10,529 | €88,558 | +€78,029 | +741.1% |
| Income taxes | 67/77 | €112 | €4,900 | +€4,787 | +4261.9% |
| Profit (loss) for the period | 9904 | €10,416 | €83,658 | +€73,242 | +703.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,416 | €83,658 | +€73,242 | +703.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.