MDC CONCEPT: 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.
MDC CONCEPT
Largest movements
- Stocks and contracts +€20,615
new in 2023: €20,615
- Tangible fixed assets -€7,250
down €7,250 (-35.5%), from €20,419 to €13,169
- Cash +€4,638
up €4,638 (+1625.1%), from €285 to €4,924
mainly Net result for the year (+€24,260) and Depreciation (+€8,405)
- Deferred charges and accrued income +€1,012
up €1,012 (+58.2%), from €1,739 to €2,751
- Profit (loss) carried forward +€24,260
up €24,260 (+167.8%), from €14,455 to €38,714
- Debts after one year -€6,526
no longer reported in 2023 (was €6,526)
- Trade debts -€6,265
no longer reported in 2023 (was €6,265)
- Current portion of long-term debt +€6,080
up €6,080 (+79.2%), from €7,677 to €13,757
- Other debts +€2,563
up €2,563 (+73.2%), from €3,500 to €6,063
- Gross operating margin -€39,210
down €39,210 (-54.0%), from €72,658 to €33,448
- Taxes -€14,743
no longer reported in 2023 (was €14,743)
- Other operating charges -€1,925
down €1,925 (-79.8%), from €2,411 to €486
- Depreciation -€1,288
down €1,288 (-13.3%), from €9,693 to €8,405
- Financial charges -€1,241
down €1,241 (-80.7%), from €1,538 to €297
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,058 | €100,743 | +€18,685 | +22.8% |
| Fixed assets | 21/28 | €20,419 | €13,169 | -€7,250 | -35.5% |
| Tangible fixed assets | 22/27 | €20,419 | €13,169 | -€7,250 | -35.5% |
| Furniture and vehicles | 24 | €20,419 | €13,169 | -€7,250 | -35.5% |
| Current assets | 29/58 | €61,638 | €87,573 | +€25,935 | +42.1% |
| Stocks and contracts in progress | 3 | - | €20,615 | +€20,615 | |
| Stocks | 30/36 | - | €20,615 | +€20,615 | |
| Amounts receivable within one year | 40/41 | €59,614 | €59,284 | -€330 | -0.6% |
| Trade receivables | 40 | €46,078 | €52,015 | +€5,937 | +12.9% |
| Other amounts receivable | 41 | €13,536 | €7,269 | -€6,267 | -46.3% |
| Cash at bank and in hand | 54/58 | €285 | €4,924 | +€4,638 | +1625.1% |
| Deferred charges and accrued income | 490/1 | €1,739 | €2,751 | +€1,012 | +58.2% |
| Total equity and liabilities | 10/49 | €82,058 | €100,743 | +€18,685 | +22.8% |
| Equity | 10/15 | €41,435 | €65,694 | +€24,260 | +58.5% |
| Contributions | 10/11 | €1,800 | €1,800 | = | 0.0% |
| Reserves | 13 | €25,180 | €25,180 | = | 0.0% |
| Non-distributable reserves | 130/1 | €180 | €25,180 | +€25,000 | +13888.9% |
| Reserves not available under the articles | 1311 | €180 | €180 | = | 0.0% |
| Other | 1319 | - | €25,000 | +€25,000 | |
| Distributable reserves | 133 | €25,000 | - | -€25,000 | |
| Profit (loss) carried forward | 14 | €14,455 | €38,714 | +€24,260 | +167.8% |
| Amounts payable | 17/49 | €40,623 | €35,048 | -€5,575 | -13.7% |
| Amounts payable after more than one year | 17 | €6,526 | - | -€6,526 | |
| Financial debts | 170/4 | €6,526 | - | -€6,526 | |
| Amounts payable within one year | 42/48 | €34,096 | €35,048 | +€952 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €7,677 | €13,757 | +€6,080 | +79.2% |
| Trade debts | 44 | €6,265 | - | -€6,265 | |
| Suppliers | 440/4 | €6,265 | - | -€6,265 | |
| Taxes, remuneration and social security | 45 | €16,654 | €15,228 | -€1,425 | -8.6% |
| Taxes | 450/3 | €16,654 | €15,228 | -€1,425 | -8.6% |
| Other amounts payable | 47/48 | €3,500 | €6,063 | +€2,563 | +73.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,693 | €8,405 | -€1,288 | -13.3% |
| Other operating charges | 640/8 | €2,411 | €486 | -€1,925 | -79.8% |
| Gross operating margin | 9900 | €72,658 | €33,448 | -€39,210 | -54.0% |
| Operating profit (loss) | 9901 | €60,555 | €24,557 | -€35,998 | -59.4% |
| Financial income | 75/76B | €361 | - | -€361 | |
| Recurring financial income | 75 | €361 | - | -€361 | |
| Financial charges | 65/66B | €1,538 | €297 | -€1,241 | -80.7% |
| Recurring financial charges | 65 | €1,538 | €297 | -€1,241 | -80.7% |
| Profit (loss) for the period before taxes | 9903 | €59,378 | €24,260 | -€35,118 | -59.1% |
| Income taxes | 67/77 | €14,743 | - | -€14,743 | |
| Profit (loss) for the period | 9904 | €44,635 | €24,260 | -€20,375 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,635 | €24,260 | -€20,375 | -45.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.