MDC Consulting: 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.
MDC Consulting
Largest movements
- Cash +€94,797
up €94,797 (+1,943%), from €4,879 to €99,676
mainly Net result for the year (+€63,781) and Depreciation (+€51,474)
- Receivables within one year +€16,315
up €16,315 (+52.6%), from €31,003 to €47,318
of which Trade receivables: +€21,456
- Reserves +€63,781
up €63,781 (+42.9%), from €148,749 to €212,530
- Other debts +€27,112
up €27,112 (+21.8%), from €124,318 to €151,430
- Tax, wage and social debts +€24,343
up €24,343 (+218%), from €11,148 to €35,492
of which Taxes: +€23,196
- Debts after one year -€14,049
down €14,049 (-4.6%), from €307,200 to €293,150
- Gross operating margin +€39,480
up €39,480 (+32.9%), from €119,913 to €159,393
- Taxes +€8,944
up €8,944 (+68.5%), from €13,048 to €21,991
- Depreciation +€2,847
up €2,847 (+5.9%), from €48,627 to €51,474
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 | €634,414 | €749,051 | +€114,638 | +18.1% |
| Fixed assets | 21/28 | €597,797 | €599,665 | +€1,868 | +0.3% |
| Tangible fixed assets | 22/27 | €597,797 | €599,665 | +€1,868 | +0.3% |
| Land and buildings | 22 | €543,424 | €514,663 | -€28,762 | -5.3% |
| Furniture and vehicles | 24 | €54,373 | €85,002 | +€30,630 | +56.3% |
| Current assets | 29/58 | €36,616 | €149,386 | +€112,770 | +308% |
| Amounts receivable within one year | 40/41 | €31,003 | €47,318 | +€16,315 | +52.6% |
| Trade receivables | 40 | €25,732 | €47,187 | +€21,456 | +83.4% |
| Other amounts receivable | 41 | €5,271 | €131 | -€5,141 | -97.5% |
| Cash at bank and in hand | 54/58 | €4,879 | €99,676 | +€94,797 | +1,943% |
| Deferred charges and accrued income | 490/1 | €734 | €2,392 | +€1,658 | +226% |
| Total equity and liabilities | 10/49 | €634,414 | €749,051 | +€114,638 | +18.1% |
| Equity | 10/15 | €153,749 | €217,530 | +€63,781 | +41.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €148,749 | €212,530 | +€63,781 | +42.9% |
| Distributable reserves | 133 | €148,749 | €212,530 | +€63,781 | +42.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €480,664 | €531,521 | +€50,857 | +10.6% |
| Amounts payable after more than one year | 17 | €307,200 | €293,150 | -€14,049 | -4.6% |
| Financial debts | 170/4 | €307,200 | €293,150 | -€14,049 | -4.6% |
| Amounts payable within one year | 42/48 | €164,005 | €227,982 | +€63,977 | +39.0% |
| Current portion of amounts payable after more than one year | 42 | €24,236 | €29,982 | +€5,746 | +23.7% |
| Financial debts | 43 | - | €858 | +€858 | |
| Credit institutions | 430/8 | - | €858 | +€858 | |
| Trade debts | 44 | €4,302 | €10,221 | +€5,919 | +138% |
| Suppliers | 440/4 | €4,302 | €10,221 | +€5,919 | +138% |
| Taxes, remuneration and social security | 45 | €11,148 | €35,492 | +€24,343 | +218% |
| Taxes | 450/3 | €7,642 | €30,838 | +€23,196 | +304% |
| Remuneration and social security | 454/9 | €3,506 | €4,654 | +€1,148 | +32.7% |
| Other amounts payable | 47/48 | €124,318 | €151,430 | +€27,112 | +21.8% |
| Accrued charges and deferred income | 492/3 | €9,460 | €10,388 | +€928 | +9.8% |
| Non-recurring operating income | 76A | - | €5,310 | +€5,310 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,627 | €51,474 | +€2,847 | +5.9% |
| Other operating charges | 640/8 | €4,081 | €2,859 | -€1,223 | -30.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €119,913 | €159,393 | +€39,480 | +32.9% |
| Operating profit (loss) | 9901 | €67,205 | €105,061 | +€37,856 | +56.3% |
| Financial income | 75/76B | €6 | €164 | +€159 | +2,830% |
| Recurring financial income | 75 | €6 | €164 | +€159 | +2,830% |
| Financial charges | 65/66B | €18,368 | €19,453 | +€1,084 | +5.9% |
| Recurring financial charges | 65 | €18,368 | €19,453 | +€1,084 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €48,842 | €85,772 | +€36,930 | +75.6% |
| Income taxes | 67/77 | €13,048 | €21,991 | +€8,944 | +68.5% |
| Profit (loss) for the period | 9904 | €35,795 | €63,781 | +€27,986 | +78.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,795 | €63,781 | +€27,986 | +78.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.