MDiGit: 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.
MDiGit
Largest movements
- Cash -€118,283
down €118,283 (-84.5%), from €139,935 to €21,652
mainly Contributions, distributions and other (-€206,940) and Receivables within one year (-€1,047)
- Tangible fixed assets -€17,135
down €17,135 (-29.1%), from €58,790 to €41,655
of which Furniture and vehicles: -€15,617
- Reserves -€134,011
down €134,011 (-64.8%), from €206,940 to €72,929
- Gross operating margin +€10,843
up €10,843 (+10.9%), from €99,469 to €110,312
- Depreciation -€3,838
down €3,838 (-18.3%), from €20,973 to €17,135
- Taxes +€2,784
up €2,784 (+17.1%), from €16,302 to €19,086
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 | €218,701 | €84,422 | -€134,280 | -61.4% |
| Fixed assets | 21/28 | €58,940 | €41,805 | -€17,135 | -29.1% |
| Tangible fixed assets | 22/27 | €58,790 | €41,655 | -€17,135 | -29.1% |
| Plant, machinery and equipment | 23 | €284 | €0 | -€284 | -100% |
| Furniture and vehicles | 24 | €54,210 | €38,593 | -€15,617 | -28.8% |
| Other tangible fixed assets | 26 | €4,296 | €3,062 | -€1,233 | -28.7% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €159,761 | €42,616 | -€117,144 | -73.3% |
| Amounts receivable within one year | 40/41 | €17,424 | €18,471 | +€1,047 | +6.0% |
| Trade receivables | 40 | €17,424 | €17,424 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €1,047 | +€1,047 | |
| Cash at bank and in hand | 54/58 | €139,935 | €21,652 | -€118,283 | -84.5% |
| Deferred charges and accrued income | 490/1 | €2,402 | €2,493 | +€91 | +3.8% |
| Total equity and liabilities | 10/49 | €218,701 | €84,422 | -€134,280 | -61.4% |
| Equity | 10/15 | €206,941 | €72,930 | -€134,011 | -64.8% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €206,940 | €72,929 | -€134,011 | -64.8% |
| Distributable reserves | 133 | €206,940 | €72,929 | -€134,011 | -64.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,760 | €11,491 | -€268 | -2.3% |
| Amounts payable within one year | 42/48 | €11,760 | €11,491 | -€268 | -2.3% |
| Trade debts | 44 | €300 | €106 | -€194 | -64.6% |
| Suppliers | 440/4 | €300 | €106 | -€194 | -64.6% |
| Taxes, remuneration and social security | 45 | €11,459 | €11,385 | -€74 | -0.6% |
| Taxes | 450/3 | €11,459 | €11,385 | -€74 | -0.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,973 | €17,135 | -€3,838 | -18.3% |
| Other operating charges | 640/8 | €1,954 | €1,521 | -€433 | -22.2% |
| Gross operating margin | 9900 | €99,469 | €110,312 | +€10,843 | +10.9% |
| Operating profit (loss) | 9901 | €76,542 | €91,656 | +€15,114 | +19.7% |
| Financial income | 75/76B | - | €444 | +€444 | |
| Recurring financial income | 75 | - | €444 | +€444 | |
| Financial charges | 65/66B | €50 | €85 | +€35 | +69.7% |
| Recurring financial charges | 65 | €50 | €85 | +€35 | +69.7% |
| Profit (loss) for the period before taxes | 9903 | €76,492 | €92,015 | +€15,523 | +20.3% |
| Income taxes | 67/77 | €16,302 | €19,086 | +€2,784 | +17.1% |
| Profit (loss) for the period | 9904 | €60,190 | €72,929 | +€12,739 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €60,190 | €72,929 | +€12,739 | +21.2% |
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 15 October 2026 via checked.be.