MDB AFWERKING: 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.
MDB AFWERKING
Largest movements
- Receivables within one year +€24,134
up €24,134 (+185%), from €13,057 to €37,191
of which Trade receivables: +€15,865
- Tangible fixed assets +€18,994
up €18,994 (+27.3%), from €69,602 to €88,597
of which Furniture and vehicles: +€21,384
- Cash +€7,528
up €7,528 (+6.9%), from €108,877 to €116,406
mainly Other debts (+€51,246) and Net result for the year (+€36,555)
- Other debts +€51,246
up €51,246 (+167%), from €30,705 to €81,951
- Reserves -€22,268
down €22,268 (-12.2%), from €181,986 to €159,717
of which Distributable reserves: -€22,268
- Trade debts +€21,866
up €21,866 (+460%), from €4,755 to €26,621
- Other operating charges -€7,256
down €7,256 (-82.6%), from €8,785 to €1,529
- Taxes +€1,338
up €1,338 (+15.7%), from €8,551 to €9,889
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 | €246,247 | €294,903 | +€48,656 | +19.8% |
| Fixed assets | 21/28 | €71,936 | €88,930 | +€16,994 | +23.6% |
| Intangible fixed assets | 21 | €2,333 | €333 | -€2,000 | -85.7% |
| Tangible fixed assets | 22/27 | €69,602 | €88,597 | +€18,994 | +27.3% |
| Land and buildings | 22 | €2,414 | €1,936 | -€478 | -19.8% |
| Plant, machinery and equipment | 23 | €14,239 | €12,328 | -€1,912 | -13.4% |
| Furniture and vehicles | 24 | €52,950 | €74,333 | +€21,384 | +40.4% |
| Current assets | 29/58 | €174,311 | €205,973 | +€31,662 | +18.2% |
| Amounts receivable within one year | 40/41 | €13,057 | €37,191 | +€24,134 | +185% |
| Trade receivables | 40 | €11,075 | €26,941 | +€15,865 | +143% |
| Other amounts receivable | 41 | €1,981 | €10,250 | +€8,269 | +417% |
| Current investments | 50/53 | €52,377 | €52,377 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €108,877 | €116,406 | +€7,528 | +6.9% |
| Total equity and liabilities | 10/49 | €246,247 | €294,903 | +€48,656 | +19.8% |
| Equity | 10/15 | €200,586 | €178,317 | -€22,268 | -11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €181,986 | €159,717 | -€22,268 | -12.2% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €176,986 | €154,717 | -€22,268 | -12.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,661 | €116,586 | +€70,925 | +155% |
| Amounts payable within one year | 42/48 | €41,313 | €112,616 | +€71,302 | +173% |
| Trade debts | 44 | €4,755 | €26,621 | +€21,866 | +460% |
| Suppliers | 440/4 | €4,755 | €26,621 | +€21,866 | +460% |
| Taxes, remuneration and social security | 45 | €5,853 | €4,044 | -€1,809 | -30.9% |
| Taxes | 450/3 | €5,853 | €4,044 | -€1,809 | -30.9% |
| Other amounts payable | 47/48 | €30,705 | €81,951 | +€51,246 | +167% |
| Accrued charges and deferred income | 492/3 | €4,348 | €3,970 | -€378 | -8.7% |
| Remuneration, social security and pensions | 62 | €0 | €166 | +€166 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,383 | €21,006 | +€623 | +3.1% |
| Other operating charges | 640/8 | €8,785 | €1,529 | -€7,256 | -82.6% |
| Non-recurring operating charges | 66A | €0 | €174 | +€174 | |
| Gross operating margin | 9900 | €71,563 | €71,219 | -€344 | -0.5% |
| Operating profit (loss) | 9901 | €42,395 | €48,344 | +€5,949 | +14.0% |
| Financial income | 75/76B | €267 | €230 | -€37 | -13.8% |
| Recurring financial income | 75 | €267 | €230 | -€37 | -13.8% |
| Financial charges | 65/66B | €2,518 | €2,130 | -€388 | -15.4% |
| Recurring financial charges | 65 | €2,518 | €2,130 | -€388 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €40,144 | €46,444 | +€6,301 | +15.7% |
| Income taxes | 67/77 | €8,551 | €9,889 | +€1,338 | +15.7% |
| Profit (loss) for the period | 9904 | €31,593 | €36,555 | +€4,962 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,593 | €36,555 | +€4,962 | +15.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.