MDB Plus: 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 Plus
Largest movements
- Receivables within one year -€1.3m
down €1.3m (-39.3%), from €3.2m to €2.0m
of which Other amounts receivable: -€1.3m
- Current investments +€1.2m
up €1.2m (+34.0%), from €3.6m to €4.8m
- Cash +€984,869
up €984,869 (+451%), from €218,222 to €1.2m
mainly Net result for the year (+€2.2m) and Receivables within one year (+€1.3m)
- Receivables after one year -€186,468
down €186,468 (-30.2%), from €617,005 to €430,536
- Financial fixed assets +€150,000
up €150,000 (+2.8%), from €5.4m to €5.6m
- Reserves +€641,469
up €641,469 (+16.0%), from €4.0m to €4.7m
of which Non-distributable reserves: +€532,469
- Profit (loss) carried forward +€508,001
up €508,001 (+7.1%), from €7.2m to €7.7m
- Other debts -€227,539
down €227,539 (-17.3%), from €1.3m to €1.1m
- Financial income -€1.4m
down €1.4m (-45.0%), from €3.1m to €1.7m
- Purchases and services +€25,856
up €25,856 (+2.9%), from €885,003 to €910,859
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,029,121 | €13,920,945 | +€891,824 | +6.8% |
| Fixed assets | 21/28 | €5,421,669 | €5,571,669 | +€150,000 | +2.8% |
| Financial fixed assets | 28 | €5,421,669 | €5,571,669 | +€150,000 | +2.8% |
| Current assets | 29/58 | €7,607,452 | €8,349,276 | +€741,824 | +9.8% |
| Amounts receivable after more than one year | 29 | €617,005 | €430,536 | -€186,468 | -30.2% |
| Other amounts receivable | 291 | €617,005 | €430,536 | -€186,468 | -30.2% |
| Amounts receivable within one year | 40/41 | €3,216,940 | €1,953,539 | -€1.3m | -39.3% |
| Trade receivables | 40 | €216,940 | €253,539 | +€36,600 | +16.9% |
| Other amounts receivable | 41 | €3,000,000 | €1,700,000 | -€1.3m | -43.3% |
| Current investments | 50/53 | €3,551,122 | €4,758,591 | +€1.2m | +34.0% |
| Cash at bank and in hand | 54/58 | €218,222 | €1,203,091 | +€984,869 | +451% |
| Deferred charges and accrued income | 490/1 | €4,164 | €3,518 | -€646 | -15.5% |
| Total equity and liabilities | 10/49 | €13,029,121 | €13,920,945 | +€891,824 | +6.8% |
| Equity | 10/15 | €11,474,569 | €12,624,039 | +€1.1m | +10.0% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €4,019,962 | €4,661,431 | +€641,469 | +16.0% |
| Non-distributable reserves | 130/1 | €3,706,122 | €4,238,591 | +€532,469 | +14.4% |
| Reserves not available under the articles | 1311 | €655,000 | €480,000 | -€175,000 | -26.7% |
| Own shares acquired | 1312 | €3,051,122 | €3,758,591 | +€707,469 | +23.2% |
| Distributable reserves | 133 | €313,840 | €422,840 | +€109,000 | +34.7% |
| Profit (loss) carried forward | 14 | €7,154,607 | €7,662,608 | +€508,001 | +7.1% |
| Amounts payable | 17/49 | €1,554,552 | €1,296,906 | -€257,646 | -16.6% |
| Amounts payable within one year | 42/48 | €1,554,552 | €1,296,906 | -€257,646 | -16.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €202,063 | €142,748 | -€59,315 | -29.4% |
| Suppliers | 440/4 | €202,063 | €142,748 | -€59,315 | -29.4% |
| Taxes, remuneration and social security | 45 | €33,579 | €62,787 | +€29,208 | +87.0% |
| Taxes | 450/3 | €33,579 | €62,787 | +€29,208 | +87.0% |
| Other amounts payable | 47/48 | €1,318,910 | €1,091,371 | -€227,539 | -17.3% |
| Turnover | 70 | €1,530,773 | €1,542,579 | +€11,807 | +0.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €885,003 | €910,859 | +€25,856 | +2.9% |
| Other operating charges | 640/8 | €1,053 | €1,167 | +€114 | +10.9% |
| Gross operating margin | 9900 | €645,770 | €631,720 | -€14,050 | -2.2% |
| Operating profit (loss) | 9901 | €644,717 | €630,553 | -€14,164 | -2.2% |
| Financial income | 75/76B | €3,137,210 | €1,724,182 | -€1.4m | -45.0% |
| Recurring financial income | 75 | €3,137,210 | €1,724,182 | -€1.4m | -45.0% |
| Financial charges | 65/66B | €618 | €390 | -€228 | -36.9% |
| Recurring financial charges | 65 | €618 | €390 | -€228 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €3,781,309 | €2,354,345 | -€1.4m | -37.7% |
| Income taxes | 67/77 | €120,404 | €113,876 | -€6,529 | -5.4% |
| Profit (loss) for the period | 9904 | €3,660,905 | €2,240,470 | -€1.4m | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,660,905 | €2,240,470 | -€1.4m | -38.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.