MDC TOITURE: 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 TOITURE
Largest movements
- Receivables within one year +€262,514
up €262,514 (+732%), from €35,848 to €298,362
- Tangible fixed assets -€4,000
down €4,000 (-21.1%), from €19,000 to €15,000
- Profit (loss) carried forward +€114,415
up €114,415 (+321%), from €35,596 to €150,011
- Accrued charges and deferred income +€75,000
new in 2025: €75,000
- Tax, wage and social debts +€48,068
up €48,068 (+261%), from €18,446 to €66,514
- Trade debts +€19,946
up €19,946 (+199%), from €10,037 to €29,983
- Gross operating margin +€127,963
up €127,963 (+249%), from €51,428 to €179,391
- Taxes +€28,000
up €28,000 (+233%), from €12,000 to €40,000
- Other operating charges +€15,897
up €15,897 (+883%), from €1,800 to €17,697
- Staff costs +€2,835
new in 2025: €2,835
- Depreciation +€2,035
up €2,035 (+104%), from €1,965 to €4,000
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 | €66,079 | €323,508 | +€257,429 | +390% |
| Fixed assets | 21/28 | €19,000 | €15,000 | -€4,000 | -21.1% |
| Tangible fixed assets | 22/27 | €19,000 | €15,000 | -€4,000 | -21.1% |
| Furniture and vehicles | 24 | €19,000 | €15,000 | -€4,000 | -21.1% |
| Current assets | 29/58 | €47,079 | €308,508 | +€261,429 | +555% |
| Amounts receivable within one year | 40/41 | €35,848 | €298,362 | +€262,514 | +732% |
| Trade receivables | 40 | €35,848 | €298,362 | +€262,514 | +732% |
| Cash at bank and in hand | 54/58 | €11,231 | €10,146 | -€1,085 | -9.7% |
| Total equity and liabilities | 10/49 | €66,079 | €323,508 | +€257,429 | +390% |
| Equity | 10/15 | €37,596 | €152,011 | +€114,415 | +304% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,596 | €150,011 | +€114,415 | +321% |
| Amounts payable | 17/49 | €28,483 | €171,497 | +€143,014 | +502% |
| Amounts payable within one year | 42/48 | €28,483 | €96,497 | +€68,014 | +239% |
| Trade debts | 44 | €10,037 | €29,983 | +€19,946 | +199% |
| Suppliers | 440/4 | €10,037 | €29,983 | +€19,946 | +199% |
| Taxes, remuneration and social security | 45 | €18,446 | €66,514 | +€48,068 | +261% |
| Taxes | 450/3 | €18,446 | €66,514 | +€48,068 | +261% |
| Accrued charges and deferred income | 492/3 | - | €75,000 | +€75,000 | |
| Remuneration, social security and pensions | 62 | - | €2,835 | +€2,835 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,965 | €4,000 | +€2,035 | +104% |
| Other operating charges | 640/8 | €1,800 | €17,697 | +€15,897 | +883% |
| Non-recurring operating charges | 66A | - | €366 | +€366 | |
| Gross operating margin | 9900 | €51,428 | €179,391 | +€127,963 | +249% |
| Operating profit (loss) | 9901 | €47,663 | €154,493 | +€106,830 | +224% |
| Financial charges | 65/66B | €67 | €78 | +€11 | +16.4% |
| Recurring financial charges | 65 | €67 | €78 | +€11 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €47,596 | €154,415 | +€106,819 | +224% |
| Income taxes | 67/77 | €12,000 | €40,000 | +€28,000 | +233% |
| Profit (loss) for the period | 9904 | €35,596 | €114,415 | +€78,819 | +221% |
| Profit (loss) for the period to be appropriated | 9905 | €35,596 | €114,415 | +€78,819 | +221% |
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 27 October 2026 via checked.be.