MDF AVOCATS: 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.
MDF AVOCATS
Largest movements
- Receivables within one year +€9,352
new in 2025: €9,352
- Receivables after one year +€9,000
up €9,000 (+48.3%), from €18,631 to €27,631
- Cash +€1,934
up €1,934 (+5.7%), from €33,947 to €35,881
mainly Net result for the year (+€29,484) and Depreciation (+€336)
- Tangible fixed assets +€942
up €942 (+411%), from €229 to €1,171
- Profit (loss) carried forward +€29,484
up €29,484 (+99.1%), from €29,766 to €59,250
- Tax, wage and social debts -€6,797
down €6,797 (-35.3%), from €19,260 to €12,463
- Trade debts -€1,781
no longer reported in 2025 (was €1,781)
of which Bills of exchange payable: -€1,294
- Gross operating margin -€760
down €760 (-1.9%), from €39,307 to €38,546
- Depreciation -€714
down €714 (-68.0%), from €1,050 to €336
- Financial income +€507
up €507 (+272%), from €187 to €694
- Financial charges +€415
up €415 (+912%), from €45 to €460
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 | €52,807 | €74,036 | +€21,229 | +40.2% |
| Fixed assets | 21/28 | €229 | €1,171 | +€942 | +411% |
| Tangible fixed assets | 22/27 | €229 | €1,171 | +€942 | +411% |
| Furniture and vehicles | 24 | €229 | €1,171 | +€942 | +411% |
| Current assets | 29/58 | €52,578 | €72,864 | +€20,286 | +38.6% |
| Amounts receivable after more than one year | 29 | €18,631 | €27,631 | +€9,000 | +48.3% |
| Other amounts receivable | 291 | €18,631 | €27,631 | +€9,000 | +48.3% |
| Amounts receivable within one year | 40/41 | - | €9,352 | +€9,352 | |
| Trade receivables | 40 | - | €9,352 | +€9,352 | |
| Cash at bank and in hand | 54/58 | €33,947 | €35,881 | +€1,934 | +5.7% |
| Total equity and liabilities | 10/49 | €52,807 | €74,036 | +€21,229 | +40.2% |
| Equity | 10/15 | €31,766 | €61,250 | +€29,484 | +92.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,766 | €59,250 | +€29,484 | +99.1% |
| Amounts payable | 17/49 | €21,041 | €12,786 | -€8,256 | -39.2% |
| Amounts payable within one year | 42/48 | €21,041 | €12,786 | -€8,256 | -39.2% |
| Trade debts | 44 | €1,781 | - | -€1,781 | |
| Suppliers | 440/4 | €487 | - | -€487 | |
| Bills of exchange payable | 441 | €1,294 | - | -€1,294 | |
| Taxes, remuneration and social security | 45 | €19,260 | €12,463 | -€6,797 | -35.3% |
| Taxes | 450/3 | €19,260 | €12,463 | -€6,797 | -35.3% |
| Other amounts payable | 47/48 | - | €322 | +€322 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,050 | €336 | -€714 | -68.0% |
| Other operating charges | 640/8 | €432 | €556 | +€124 | +28.6% |
| Gross operating margin | 9900 | €39,307 | €38,546 | -€760 | -1.9% |
| Operating profit (loss) | 9901 | €37,825 | €37,655 | -€170 | -0.4% |
| Financial income | 75/76B | €187 | €694 | +€507 | +272% |
| Recurring financial income | 75 | €187 | €694 | +€507 | +272% |
| Financial charges | 65/66B | €45 | €460 | +€415 | +912% |
| Recurring financial charges | 65 | €45 | €460 | +€415 | +912% |
| Profit (loss) for the period before taxes | 9903 | €37,966 | €37,889 | -€77 | -0.2% |
| Income taxes | 67/77 | €8,200 | €8,405 | +€205 | +2.5% |
| Profit (loss) for the period | 9904 | €29,766 | €29,484 | -€282 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,766 | €29,484 | -€282 | -0.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.