MDC-LAW: 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-LAW
Largest movements
- Cash +€24,626
up €24,626 (+102%), from €24,134 to €48,760
mainly Net result for the year (+€34,186) and Other debts (+€27,858)
- Receivables within one year +€9,250
up €9,250 (+77.1%), from €12,000 to €21,250
of which Trade receivables: +€9,250
- Tangible fixed assets -€3,133
down €3,133 (-27.2%), from €11,536 to €8,404
- Other debts +€27,858
up €27,858 (+81.2%), from €34,310 to €62,168
- Tax, wage and social debts +€2,942
up €2,942 (+30.0%), from €9,800 to €12,742
of which Remuneration and social security: +€2,472
- Gross operating margin +€2,428
up €2,428 (+5.2%), from €46,257 to €48,685
- Taxes -€1,679
down €1,679 (-14.9%), from €11,287 to €9,608
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 | €48,499 | €79,207 | +€30,709 | +63.3% |
| Fixed assets | 21/28 | €11,536 | €8,404 | -€3,133 | -27.2% |
| Tangible fixed assets | 22/27 | €11,536 | €8,404 | -€3,133 | -27.2% |
| Furniture and vehicles | 24 | €11,536 | €8,404 | -€3,133 | -27.2% |
| Current assets | 29/58 | €36,962 | €70,804 | +€33,841 | +91.6% |
| Amounts receivable within one year | 40/41 | €12,000 | €21,250 | +€9,250 | +77.1% |
| Trade receivables | 40 | €12,000 | €21,250 | +€9,250 | +77.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €24,134 | €48,760 | +€24,626 | +102% |
| Deferred charges and accrued income | 490/1 | €828 | €794 | -€35 | -4.2% |
| Total equity and liabilities | 10/49 | €48,499 | €79,207 | +€30,709 | +63.3% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,499 | €76,207 | +€30,709 | +67.5% |
| Amounts payable within one year | 42/48 | €45,499 | €76,207 | +€30,709 | +67.5% |
| Trade debts | 44 | €1,389 | €1,298 | -€91 | -6.5% |
| Suppliers | 440/4 | €1,389 | €1,298 | -€91 | -6.5% |
| Taxes, remuneration and social security | 45 | €9,800 | €12,742 | +€2,942 | +30.0% |
| Taxes | 450/3 | €5,293 | €5,762 | +€469 | +8.9% |
| Remuneration and social security | 454/9 | €4,507 | €6,980 | +€2,472 | +54.9% |
| Other amounts payable | 47/48 | €34,310 | €62,168 | +€27,858 | +81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,133 | €3,133 | = | 0.0% |
| Other operating charges | 640/8 | €582 | €585 | +€3 | +0.6% |
| Gross operating margin | 9900 | €46,257 | €48,685 | +€2,428 | +5.2% |
| Operating profit (loss) | 9901 | €42,542 | €44,967 | +€2,425 | +5.7% |
| Financial income | 75/76B | €65 | €96 | +€32 | +48.9% |
| Recurring financial income | 75 | €65 | €96 | +€32 | +48.9% |
| Financial charges | 65/66B | €1,272 | €1,270 | -€2 | -0.2% |
| Recurring financial charges | 65 | €1,272 | €1,270 | -€2 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €41,335 | €43,794 | +€2,459 | +5.9% |
| Income taxes | 67/77 | €11,287 | €9,608 | -€1,679 | -14.9% |
| Profit (loss) for the period | 9904 | €30,049 | €34,186 | +€4,138 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,049 | €34,186 | +€4,138 | +13.8% |
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 20 October 2026 via checked.be.