MDC@WORK: 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@WORK
Largest movements
- Cash -€30,226
down €30,226 (-39.8%), from €76,040 to €45,814
mainly Receivables within one year (-€12,286) and Net result for the year (-€10,764)
- Receivables within one year +€12,286
up €12,286 (+490%), from €2,507 to €14,793
of which Trade receivables: +€10,418
- Tangible fixed assets -€1,444
down €1,444 (-18.4%), from €7,856 to €6,413
of which Furniture and vehicles: -€1,649
- Profit (loss) carried forward -€10,764
down €10,764 (-19.0%), from €56,591 to €45,826
- Trade debts -€8,730
down €8,730 (-74.0%), from €11,790 to €3,061
- Gross operating margin -€21,014
down €21,014, from €12,332 to -€8,682
- Taxes -€2,618
down €2,618 (-96.3%), from €2,719 to €101
- Depreciation +€382
up €382 (+28.0%), from €1,365 to €1,747
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 | €86,403 | €67,019 | -€19,384 | -22.4% |
| Fixed assets | 21/28 | €7,856 | €6,413 | -€1,444 | -18.4% |
| Tangible fixed assets | 22/27 | €7,856 | €6,413 | -€1,444 | -18.4% |
| Plant, machinery and equipment | 23 | - | €206 | +€206 | |
| Furniture and vehicles | 24 | €7,856 | €6,207 | -€1,649 | -21.0% |
| Current assets | 29/58 | €78,547 | €60,607 | -€17,940 | -22.8% |
| Amounts receivable within one year | 40/41 | €2,507 | €14,793 | +€12,286 | +490% |
| Trade receivables | 40 | €2,468 | €12,887 | +€10,418 | +422% |
| Other amounts receivable | 41 | €39 | €1,906 | +€1,868 | +4,811% |
| Cash at bank and in hand | 54/58 | €76,040 | €45,814 | -€30,226 | -39.8% |
| Total equity and liabilities | 10/49 | €86,403 | €67,019 | -€19,384 | -22.4% |
| Equity | 10/15 | €68,991 | €58,226 | -€10,764 | -15.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,591 | €45,826 | -€10,764 | -19.0% |
| Amounts payable | 17/49 | €17,412 | €8,793 | -€8,619 | -49.5% |
| Amounts payable within one year | 42/48 | €17,412 | €8,793 | -€8,619 | -49.5% |
| Trade debts | 44 | €11,790 | €3,061 | -€8,730 | -74.0% |
| Suppliers | 440/4 | €11,790 | €3,061 | -€8,730 | -74.0% |
| Taxes, remuneration and social security | 45 | €5,622 | €5,732 | +€110 | +2.0% |
| Taxes | 450/3 | €4,186 | €4,870 | +€684 | +16.3% |
| Remuneration and social security | 454/9 | €1,436 | €862 | -€574 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,365 | €1,747 | +€382 | +28.0% |
| Gross operating margin | 9900 | €12,332 | -€8,682 | -€21,014 | |
| Operating profit (loss) | 9901 | €10,967 | -€10,429 | -€21,396 | |
| Financial income | 75/76B | €13 | €0 | -€13 | -99.6% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -99.6% |
| Financial charges | 65/66B | €158 | €234 | +€76 | +47.7% |
| Recurring financial charges | 65 | €158 | €234 | +€76 | +47.7% |
| Profit (loss) for the period before taxes | 9903 | €10,822 | -€10,663 | -€21,485 | |
| Income taxes | 67/77 | €2,719 | €101 | -€2,618 | -96.3% |
| Profit (loss) for the period | 9904 | €8,103 | -€10,764 | -€18,867 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,103 | -€10,764 | -€18,867 |
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 25 October 2026 via checked.be.