MDH TRANS: 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 TRANS
Largest movements
- Deferred charges and accrued income -€4,454
no longer reported in 2024 (was €4,454)
- Cash -€1,710
down €1,710 (-100.0%), from €1,711 to €1
mainly Other debts (-€7,459) and Trade debts (-€4,153)
- Other debts -€7,459
no longer reported in 2024 (was €7,459)
- Trade debts -€4,153
down €4,153 (-8.1%), from €51,057 to €46,904
- Tax, wage and social debts +€3,326
up €3,326 (+5.3%), from €62,194 to €65,520
of which Remuneration and social security: +€5,263
- Profit (loss) carried forward +€1,873
up €1,873 (+81.8%), from €2,289 to €4,162
- Gross operating margin -€135,412
down €135,412 (-37.6%), from €360,327 to €224,915
- Staff costs -€123,992
down €123,992 (-36.2%), from €342,243 to €218,250
- Financial charges -€8,957
down €8,957 (-62.7%), from €14,281 to €5,324
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,999 | €118,585 | -€6,413 | -5.1% |
| Fixed assets | 21/28 | €25,653 | €25,303 | -€350 | -1.4% |
| Tangible fixed assets | 22/27 | €699 | €350 | -€350 | -50.0% |
| Furniture and vehicles | 24 | €699 | €350 | -€350 | -50.0% |
| Financial fixed assets | 28 | €24,953 | €24,953 | = | 0.0% |
| Current assets | 29/58 | €99,346 | €93,283 | -€6,064 | -6.1% |
| Amounts receivable within one year | 40/41 | €93,181 | €93,282 | +€101 | +0.1% |
| Trade receivables | 40 | €93,181 | €93,282 | +€101 | +0.1% |
| Cash at bank and in hand | 54/58 | €1,711 | €1 | -€1,710 | -100.0% |
| Deferred charges and accrued income | 490/1 | €4,454 | - | -€4,454 | |
| Total equity and liabilities | 10/49 | €124,999 | €118,585 | -€6,413 | -5.1% |
| Equity | 10/15 | €4,289 | €6,162 | +€1,873 | +43.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,289 | €4,162 | +€1,873 | +81.8% |
| Amounts payable | 17/49 | €120,710 | €112,424 | -€8,286 | -6.9% |
| Amounts payable within one year | 42/48 | €120,710 | €112,424 | -€8,286 | -6.9% |
| Trade debts | 44 | €51,057 | €46,904 | -€4,153 | -8.1% |
| Suppliers | 440/4 | €51,057 | €46,904 | -€4,153 | -8.1% |
| Taxes, remuneration and social security | 45 | €62,194 | €65,520 | +€3,326 | +5.3% |
| Taxes | 450/3 | €32,659 | €30,722 | -€1,937 | -5.9% |
| Remuneration and social security | 454/9 | €29,535 | €34,798 | +€5,263 | +17.8% |
| Other amounts payable | 47/48 | €7,459 | - | -€7,459 | |
| Remuneration, social security and pensions | 62 | €342,243 | €218,250 | -€123,992 | -36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €350 | €350 | = | 0.0% |
| Gross operating margin | 9900 | €360,327 | €224,915 | -€135,412 | -37.6% |
| Operating profit (loss) | 9901 | €17,735 | €6,315 | -€11,420 | -64.4% |
| Financial income | 75/76B | - | €1,655 | +€1,655 | |
| Recurring financial income | 75 | - | €1,655 | +€1,655 | |
| Financial charges | 65/66B | €14,281 | €5,324 | -€8,957 | -62.7% |
| Recurring financial charges | 65 | €14,281 | €5,324 | -€8,957 | -62.7% |
| Profit (loss) for the period before taxes | 9903 | €3,454 | €2,646 | -€808 | -23.4% |
| Income taxes | 67/77 | €1,165 | €773 | -€392 | -33.6% |
| Profit (loss) for the period | 9904 | €2,289 | €1,873 | -€416 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,289 | €1,873 | -€416 | -18.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.