Mdconsulting: what changed
Two fiscal 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.
Mdconsulting
Largest movements
- Cash +€58,272
up €58,272 (+147.4%), from €39,522 to €97,795
mainly Net result for the year (+€63,891) and Deferred charges and accrued income (+€40,667)
- Deferred charges and accrued income -€40,667
down €40,667 (-98.8%), from €41,174 to €507
- Tangible fixed assets -€10,281
down €10,281 (-92.1%), from €11,158 to €877
- Other debts +€35,321
up €35,321 (+45.8%), from €77,124 to €112,445
- Reserves -€25,000
down €25,000 (-22.4%), from €111,577 to €86,577
of which Distributable reserves: -€25,000
- Debts after one year -€7,706
down €7,706 (-100.0%), from €7,706 to €0
- Trade debts +€6,286
up €6,286 (+613.8%), from €1,024 to €7,310
- Tax, wage and social debts +€4,199
up €4,199 (+26.7%), from €15,736 to €19,935
of which Taxes: +€4,199
- Gross operating margin +€17,159
up €17,159 (+22.9%), from €74,908 to €92,067
- Taxes +€3,961
up €3,961 (+20.2%), from €19,575 to €23,536
- Depreciation -€3,448
down €3,448 (-58.2%), from €5,925 to €2,478
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.
Cash bridge derived
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 | €244,233 | €253,158 | +€8,925 | +3.7% |
| Fixed assets | 21/28 | €152,192 | €141,911 | -€10,281 | -6.8% |
| Tangible fixed assets | 22/27 | €11,158 | €877 | -€10,281 | -92.1% |
| Furniture and vehicles | 24 | €11,158 | €877 | -€10,281 | -92.1% |
| Financial fixed assets | 28 | €141,034 | €141,034 | = | 0.0% |
| Current assets | 29/58 | €92,041 | €111,247 | +€19,206 | +20.9% |
| Amounts receivable within one year | 40/41 | €11,345 | €12,945 | +€1,600 | +14.1% |
| Trade receivables | 40 | €11,345 | €10,881 | -€463 | -4.1% |
| Other amounts receivable | 41 | - | €2,064 | +€2,064 | |
| Cash at bank and in hand | 54/58 | €39,522 | €97,795 | +€58,272 | +147.4% |
| Deferred charges and accrued income | 490/1 | €41,174 | €507 | -€40,667 | -98.8% |
| Total equity and liabilities | 10/49 | €244,233 | €253,158 | +€8,925 | +3.7% |
| Equity | 10/15 | €130,177 | €105,177 | -€25,000 | -19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,577 | €86,577 | -€25,000 | -22.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €111,577 | €86,577 | -€25,000 | -22.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €114,056 | €147,981 | +€33,925 | +29.7% |
| Amounts payable after more than one year | 17 | €7,706 | €0 | -€7,706 | -100.0% |
| Financial debts | 170/4 | €7,706 | €0 | -€7,706 | -100.0% |
| Amounts payable within one year | 42/48 | €104,044 | €147,396 | +€43,352 | +41.7% |
| Current portion of amounts payable after more than one year | 42 | €10,160 | €7,706 | -€2,454 | -24.2% |
| Trade debts | 44 | €1,024 | €7,310 | +€6,286 | +613.8% |
| Suppliers | 440/4 | €1,024 | €7,310 | +€6,286 | +613.8% |
| Taxes, remuneration and social security | 45 | €15,736 | €19,935 | +€4,199 | +26.7% |
| Taxes | 450/3 | €15,736 | €19,935 | +€4,199 | +26.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €77,124 | €112,445 | +€35,321 | +45.8% |
| Accrued charges and deferred income | 492/3 | €2,306 | €585 | -€1,721 | -74.6% |
| Non-recurring operating income | 76A | - | €1,341 | +€1,341 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,925 | €2,478 | -€3,448 | -58.2% |
| Other operating charges | 640/8 | €1,091 | €777 | -€315 | -28.8% |
| Gross operating margin | 9900 | €74,908 | €92,067 | +€17,159 | +22.9% |
| Operating profit (loss) | 9901 | €67,891 | €88,813 | +€20,921 | +30.8% |
| Financial income | 75/76B | €0 | €441 | +€441 | |
| Recurring financial income | 75 | €0 | €441 | +€441 | |
| Financial charges | 65/66B | €1,206 | €1,826 | +€621 | +51.5% |
| Recurring financial charges | 65 | €1,206 | €1,826 | +€621 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | €66,686 | €87,428 | +€20,742 | +31.1% |
| Income taxes | 67/77 | €19,575 | €23,536 | +€3,961 | +20.2% |
| Profit (loss) for the period | 9904 | €47,111 | €63,891 | +€16,781 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,111 | €63,891 | +€16,781 | +35.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.