MDB-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.
MDB-consult
Largest movements
- Cash -€26,884
down €26,884 (-32.4%), from €82,899 to €56,015
mainly Net result for the year (-€44,236) and Other debts (-€8,348)
- Tangible fixed assets -€12,891
down €12,891 (-59.0%), from €21,834 to €8,943
- Receivables within one year -€8,627
down €8,627 (-87.6%), from €9,853 to €1,226
of which Trade receivables: -€9,853
- Deferred charges and accrued income -€5,261
down €5,261 (-86.1%), from €6,107 to €846
- Profit (loss) carried forward -€44,236
down €44,236, from €578 to -€43,658
- Other debts -€8,348
down €8,348 (-40.5%), from €20,630 to €12,282
- Gross operating margin -€48,493
down €48,493, from €12,436 to -€36,058
- Depreciation -€2,992
down €2,992 (-36.6%), from €8,181 to €5,189
- Staff costs -€1,748
no longer reported in 2025 (was €1,748)
- Financial charges +€746
up €746 (+62.4%), from €1,196 to €1,943
- Other operating charges -€449
down €449 (-32.0%), from €1,405 to €956
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 | €320,832 | €267,169 | -€53,663 | -16.7% |
| Fixed assets | 21/28 | €21,834 | €8,943 | -€12,891 | -59.0% |
| Tangible fixed assets | 22/27 | €21,834 | €8,943 | -€12,891 | -59.0% |
| Land and buildings | 22 | €5,546 | €1,606 | -€3,940 | -71.0% |
| Plant, machinery and equipment | 23 | €5,252 | €3,143 | -€2,109 | -40.2% |
| Furniture and vehicles | 24 | €7,835 | €4,194 | -€3,641 | -46.5% |
| Other tangible fixed assets | 26 | €3,200 | €0 | -€3,200 | -100.0% |
| Current assets | 29/58 | €298,998 | €258,227 | -€40,772 | -13.6% |
| Amounts receivable within one year | 40/41 | €9,853 | €1,226 | -€8,627 | -87.6% |
| Trade receivables | 40 | €9,853 | €0 | -€9,853 | -100.0% |
| Other amounts receivable | 41 | - | €1,226 | +€1,226 | |
| Current investments | 50/53 | €200,139 | €200,139 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €82,899 | €56,015 | -€26,884 | -32.4% |
| Deferred charges and accrued income | 490/1 | €6,107 | €846 | -€5,261 | -86.1% |
| Total equity and liabilities | 10/49 | €320,832 | €267,169 | -€53,663 | -16.7% |
| Equity | 10/15 | €297,015 | €252,779 | -€44,236 | -14.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €284,037 | €284,037 | = | 0.0% |
| Distributable reserves | 133 | €284,037 | €284,037 | = | 0.0% |
| Profit (loss) carried forward | 14 | €578 | -€43,658 | -€44,236 | |
| Amounts payable | 17/49 | €23,817 | €14,390 | -€9,427 | -39.6% |
| Amounts payable within one year | 42/48 | €21,212 | €14,390 | -€6,822 | -32.2% |
| Trade debts | 44 | €96 | €1,885 | +€1,789 | +1856.2% |
| Suppliers | 440/4 | €96 | €1,885 | +€1,789 | +1856.2% |
| Taxes, remuneration and social security | 45 | €485 | €223 | -€262 | -54.0% |
| Taxes | 450/3 | €485 | €223 | -€262 | -54.0% |
| Other amounts payable | 47/48 | €20,630 | €12,282 | -€8,348 | -40.5% |
| Accrued charges and deferred income | 492/3 | €2,605 | €0 | -€2,605 | -100.0% |
| Non-recurring operating income | 76A | - | €298 | +€298 | |
| Remuneration, social security and pensions | 62 | €1,748 | - | -€1,748 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,181 | €5,189 | -€2,992 | -36.6% |
| Other operating charges | 640/8 | €1,405 | €956 | -€449 | -32.0% |
| Gross operating margin | 9900 | €12,436 | -€36,058 | -€48,493 | |
| Operating profit (loss) | 9901 | €1,103 | -€42,202 | -€43,305 | |
| Financial income | 75/76B | €1 | €209 | +€208 | +17307.5% |
| Recurring financial income | 75 | €1 | €209 | +€208 | +17307.5% |
| Financial charges | 65/66B | €1,196 | €1,943 | +€746 | +62.4% |
| Recurring financial charges | 65 | €1,196 | €1,943 | +€746 | +62.4% |
| Profit (loss) for the period before taxes | 9903 | -€93 | -€43,936 | -€43,844 | -47342.3% |
| Income taxes | 67/77 | €218 | €300 | +€82 | +37.6% |
| Profit (loss) for the period | 9904 | -€310 | -€44,236 | -€43,926 | -14150.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€310 | -€44,236 | -€43,926 | -14150.4% |
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.