MDH DIFFUSION: 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.
MDH DIFFUSION
Largest movements
- Tangible fixed assets -€6,430
down €6,430 (-89.4%), from €7,194 to €764
of which Land and buildings: -€5,897
- Stocks and contracts -€4,431
no longer reported in 2025 (was €4,431)
- Cash -€448
down €448 (-47.8%), from €938 to €490
mainly Net result for the year (-€12,098) and Trade debts (-€955)
- Profit (loss) carried forward -€12,098
down €12,098 (-25.6%), from -€47,206 to -€59,304
- Other debts +€1,923
up €1,923 (+6.6%), from €28,971 to €30,894
- Trade debts -€955
down €955 (-94.0%), from €1,016 to €61
- Tax, wage and social debts -€252
no longer reported in 2025 (was €252)
- Other operating charges -€25,659
down €25,659 (-92.0%), from €27,888 to €2,230
- Taxes -€378
down €378, from €126 to -€252
- Financial charges +€91
up €91 (+31.6%), from €288 to €379
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 | €13,533 | €2,151 | -€11,382 | -84.1% |
| Fixed assets | 21/28 | €7,219 | €789 | -€6,430 | -89.1% |
| Tangible fixed assets | 22/27 | €7,194 | €764 | -€6,430 | -89.4% |
| Land and buildings | 22 | €6,661 | €764 | -€5,897 | -88.5% |
| Plant, machinery and equipment | 23 | €534 | €0 | -€534 | -100.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €6,314 | €1,362 | -€4,952 | -78.4% |
| Stocks and contracts in progress | 3 | €4,431 | - | -€4,431 | |
| Stocks | 30/36 | €4,431 | - | -€4,431 | |
| Amounts receivable within one year | 40/41 | €946 | €873 | -€73 | -7.7% |
| Other amounts receivable | 41 | €946 | €873 | -€73 | -7.7% |
| Cash at bank and in hand | 54/58 | €938 | €490 | -€448 | -47.8% |
| Total equity and liabilities | 10/49 | €13,533 | €2,151 | -€11,382 | -84.1% |
| Equity | 10/15 | -€16,706 | -€28,804 | -€12,098 | -72.4% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Contributions outside capital | 11 | €27,500 | €27,500 | = | 0.0% |
| Other | 1109/19 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,206 | -€59,304 | -€12,098 | -25.6% |
| Amounts payable | 17/49 | €30,239 | €30,955 | +€716 | +2.4% |
| Amounts payable within one year | 42/48 | €30,239 | €30,955 | +€716 | +2.4% |
| Trade debts | 44 | €1,016 | €61 | -€955 | -94.0% |
| Suppliers | 440/4 | €1,016 | €61 | -€955 | -94.0% |
| Taxes, remuneration and social security | 45 | €252 | - | -€252 | |
| Taxes | 450/3 | €252 | - | -€252 | |
| Other amounts payable | 47/48 | €28,971 | €30,894 | +€1,923 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,430 | €6,430 | = | 0.0% |
| Other operating charges | 640/8 | €27,888 | €2,230 | -€25,659 | -92.0% |
| Gross operating margin | 9900 | -€3,311 | -€3,311 | -€0 | 0.0% |
| Operating profit (loss) | 9901 | -€37,630 | -€11,971 | +€25,658 | +68.2% |
| Financial charges | 65/66B | €288 | €379 | +€91 | +31.6% |
| Recurring financial charges | 65 | €288 | €379 | +€91 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | -€37,918 | -€12,350 | +€25,567 | +67.4% |
| Income taxes | 67/77 | €126 | -€252 | -€378 | |
| Profit (loss) for the period | 9904 | -€38,044 | -€12,098 | +€25,946 | +68.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,044 | -€12,098 | +€25,946 | +68.2% |
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 1 November 2026 via checked.be.