MDIQ: 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.
MDIQ
Largest movements
- Receivables within one year -€10,525
no longer reported in 2024 (was €10,525)
- Cash -€8,125
down €8,125 (-92.9%), from €8,745 to €620
mainly Net result for the year (-€29,089) and Other debts (-€26,952)
- Trade debts +€34,955
up €34,955 (+4191.2%), from €834 to €35,789
- Profit (loss) carried forward -€29,089
down €29,089 (-60.1%), from -€48,389 to -€77,478
- Other debts -€26,952
no longer reported in 2024 (was €26,952)
- Tax, wage and social debts +€2,436
up €2,436 (+11.5%), from €21,273 to €23,709
of which Taxes: +€23,709
- Gross operating margin -€62,348
down €62,348, from €42,763 to -€19,585
- Staff costs -€41,083
down €41,083 (-87.0%), from €47,211 to €6,128
- Turnover -€31,222
down €31,222 (-45.9%), from €67,993 to €36,771
- Purchases and services +€31,126
up €31,126 (+123.4%), from €25,230 to €56,356
- Other operating charges +€2,110
up €2,110 (+375.4%), from €562 to €2,672
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.
Cash bridge derived
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 | €19,270 | €620 | -€18,650 | -96.8% |
| Current assets | 29/58 | €19,270 | €620 | -€18,650 | -96.8% |
| Amounts receivable within one year | 40/41 | €10,525 | - | -€10,525 | |
| Trade receivables | 40 | €10,525 | - | -€10,525 | |
| Cash at bank and in hand | 54/58 | €8,745 | €620 | -€8,125 | -92.9% |
| Total equity and liabilities | 10/49 | €19,270 | €620 | -€18,650 | -96.8% |
| Equity | 10/15 | -€29,789 | -€58,878 | -€29,089 | -97.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,389 | -€77,478 | -€29,089 | -60.1% |
| Amounts payable | 17/49 | €49,059 | €59,498 | +€10,439 | +21.3% |
| Amounts payable within one year | 42/48 | €49,059 | €59,498 | +€10,439 | +21.3% |
| Trade debts | 44 | €834 | €35,789 | +€34,955 | +4191.2% |
| Suppliers | 440/4 | €834 | €35,789 | +€34,955 | +4191.2% |
| Taxes, remuneration and social security | 45 | €21,273 | €23,709 | +€2,436 | +11.5% |
| Taxes | 450/3 | - | €23,709 | +€23,709 | |
| Remuneration and social security | 454/9 | €21,273 | - | -€21,273 | |
| Other amounts payable | 47/48 | €26,952 | - | -€26,952 | |
| Turnover | 70 | €67,993 | €36,771 | -€31,222 | -45.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €25,230 | €56,356 | +€31,126 | +123.4% |
| Remuneration, social security and pensions | 62 | €47,211 | €6,128 | -€41,083 | -87.0% |
| Other operating charges | 640/8 | €562 | €2,672 | +€2,110 | +375.4% |
| Gross operating margin | 9900 | €42,763 | -€19,585 | -€62,348 | |
| Operating profit (loss) | 9901 | -€5,010 | -€28,385 | -€23,375 | -466.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,010 | -€28,385 | -€23,375 | -466.6% |
| Income taxes | 67/77 | - | €704 | +€704 | |
| Profit (loss) for the period | 9904 | -€5,010 | -€29,089 | -€24,079 | -480.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,010 | -€29,089 | -€24,079 | -480.6% |
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 11 October 2026 via checked.be.