MDCO IMMO: 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.
MDCO IMMO
Largest movements
- Cash +€34,972
up €34,972 (+649%), from €5,393 to €40,365
mainly Net result for the year (+€29,677) and Receivables within one year (+€4,159)
- Receivables within one year -€4,159
down €4,159 (-21.5%), from €19,330 to €15,171
of which Trade receivables: -€4,221
- Profit (loss) carried forward +€29,677
up €29,677 (+262%), from €11,339 to €41,016
- Trade debts +€2,231
up €2,231 (+125%), from €1,785 to €4,016
- Tax, wage and social debts -€622
down €622 (-9.0%), from €6,913 to €6,291
- Other debts -€595
down €595 (-73.6%), from €808 to €213
- Turnover +€70,779
up €70,779 (+40.6%), from €174,502 to €245,281
- Gross operating margin +€46,503
up €46,503, from -€10,363 to €36,140
- Purchases and services +€24,276
up €24,276 (+13.1%), from €184,865 to €209,141
- Taxes +€5,503
new in 2025: €5,503
- Depreciation -€4,439
down €4,439 (-97.3%), from €4,562 to €123
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 | €24,846 | €55,536 | +€30,691 | +124% |
| Fixed assets | 21/28 | €123 | - | -€123 | |
| Tangible fixed assets | 22/27 | €123 | - | -€123 | |
| Plant, machinery and equipment | 23 | €123 | - | -€123 | |
| Current assets | 29/58 | €24,723 | €55,536 | +€30,813 | +125% |
| Amounts receivable within one year | 40/41 | €19,330 | €15,171 | -€4,159 | -21.5% |
| Trade receivables | 40 | €18,900 | €14,679 | -€4,221 | -22.3% |
| Other amounts receivable | 41 | €430 | €493 | +€63 | +14.5% |
| Cash at bank and in hand | 54/58 | €5,393 | €40,365 | +€34,972 | +649% |
| Total equity and liabilities | 10/49 | €24,846 | €55,536 | +€30,691 | +124% |
| Equity | 10/15 | €15,339 | €45,016 | +€29,677 | +193% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,339 | €41,016 | +€29,677 | +262% |
| Amounts payable | 17/49 | €9,506 | €10,520 | +€1,014 | +10.7% |
| Amounts payable within one year | 42/48 | €9,506 | €10,520 | +€1,014 | +10.7% |
| Trade debts | 44 | €1,785 | €4,016 | +€2,231 | +125% |
| Suppliers | 440/4 | €1,785 | €4,016 | +€2,231 | +125% |
| Taxes, remuneration and social security | 45 | €6,913 | €6,291 | -€622 | -9.0% |
| Taxes | 450/3 | €6,913 | €6,291 | -€622 | -9.0% |
| Other amounts payable | 47/48 | €808 | €213 | -€595 | -73.6% |
| Turnover | 70 | €174,502 | €245,281 | +€70,779 | +40.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €184,865 | €209,141 | +€24,276 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,562 | €123 | -€4,439 | -97.3% |
| Other operating charges | 640/8 | €56 | - | -€56 | |
| Gross operating margin | 9900 | -€10,363 | €36,140 | +€46,503 | |
| Operating profit (loss) | 9901 | -€14,980 | €36,018 | +€50,998 | |
| Financial charges | 65/66B | €48 | €837 | +€789 | +1,645% |
| Recurring financial charges | 65 | €48 | €837 | +€789 | +1,645% |
| Profit (loss) for the period before taxes | 9903 | -€15,028 | €35,180 | +€50,208 | |
| Income taxes | 67/77 | - | €5,503 | +€5,503 | |
| Profit (loss) for the period | 9904 | -€15,028 | €29,677 | +€44,705 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,028 | €29,677 | +€44,705 |
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 16 October 2026 via checked.be.