MDK Immo: what changed
Two fiscal 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.
MDK Immo
Largest movements
- Receivables within one year +€6,150
up €6,150 (+32.0%), from €19,212 to €25,363
of which Other amounts receivable: +€8,650
- Profit (loss) carried forward -€34,270
down €34,270 (-181.8%), from -€18,853 to -€53,123
- Trade debts +€22,130
up €22,130 (+385.3%), from €5,744 to €27,874
- Debts after one year +€8,126
up €8,126 (+1.5%), from €545,070 to €553,197
of which Other amounts payable: +€25,671
- Current portion of long-term debt +€7,751
up €7,751 (+45.9%), from €16,873 to €24,624
- Gross operating margin -€32,472
down €32,472, from €25,944 to -€6,528
- Depreciation -€14,695
down €14,695 (-55.7%), from €26,390 to €11,695
- Other operating charges -€4,704
down €4,704 (-68.8%), from €6,841 to €2,138
- Financial charges +€2,731
up €2,731 (+22.8%), from €11,975 to €14,706
- Financial income +€388
up €388 (+95.0%), from €409 to €797
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.
Cash bridge derived
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 | €551,022 | €559,223 | +€8,201 | +1.5% |
| Fixed assets | 21/28 | €528,308 | €533,861 | +€5,553 | +1.1% |
| Tangible fixed assets | 22/27 | €528,308 | €533,861 | +€5,553 | +1.1% |
| Land and buildings | 22 | €527,695 | €533,224 | +€5,529 | +1.0% |
| Plant, machinery and equipment | 23 | - | €241 | +€241 | |
| Furniture and vehicles | 24 | €613 | €396 | -€217 | -35.4% |
| Current assets | 29/58 | €22,714 | €25,363 | +€2,649 | +11.7% |
| Amounts receivable within one year | 40/41 | €19,212 | €25,363 | +€6,150 | +32.0% |
| Trade receivables | 40 | €5,646 | €3,146 | -€2,500 | -44.3% |
| Other amounts receivable | 41 | €13,566 | €22,217 | +€8,650 | +63.8% |
| Cash at bank and in hand | 54/58 | €3,502 | €0 | -€3,502 | -100.0% |
| Total equity and liabilities | 10/49 | €551,022 | €559,223 | +€8,201 | +1.5% |
| Equity | 10/15 | -€17,853 | -€52,123 | -€34,270 | -192.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,853 | -€53,123 | -€34,270 | -181.8% |
| Amounts payable | 17/49 | €568,875 | €611,346 | +€42,471 | +7.5% |
| Amounts payable after more than one year | 17 | €545,070 | €553,197 | +€8,126 | +1.5% |
| Financial debts | 170/4 | €310,660 | €293,115 | -€17,545 | -5.6% |
| Other amounts payable | 178/9 | €234,410 | €260,081 | +€25,671 | +11.0% |
| Amounts payable within one year | 42/48 | €23,805 | €58,150 | +€34,345 | +144.3% |
| Current portion of amounts payable after more than one year | 42 | €16,873 | €24,624 | +€7,751 | +45.9% |
| Financial debts | 43 | - | €4,255 | +€4,255 | |
| Credit institutions | 430/8 | - | €4,255 | +€4,255 | |
| Trade debts | 44 | €5,744 | €27,874 | +€22,130 | +385.3% |
| Suppliers | 440/4 | €5,744 | €27,874 | +€22,130 | +385.3% |
| Taxes, remuneration and social security | 45 | €1,188 | €1,397 | +€208 | +17.5% |
| Taxes | 450/3 | €1,188 | €1,397 | +€208 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,390 | €11,695 | -€14,695 | -55.7% |
| Other operating charges | 640/8 | €6,841 | €2,138 | -€4,704 | -68.8% |
| Gross operating margin | 9900 | €25,944 | -€6,528 | -€32,472 | |
| Operating profit (loss) | 9901 | -€7,287 | -€20,361 | -€13,074 | -179.4% |
| Financial income | 75/76B | €409 | €797 | +€388 | +95.0% |
| Recurring financial income | 75 | €409 | €797 | +€388 | +95.0% |
| Financial charges | 65/66B | €11,975 | €14,706 | +€2,731 | +22.8% |
| Recurring financial charges | 65 | €11,975 | €14,706 | +€2,731 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,853 | -€34,270 | -€15,417 | -81.8% |
| Profit (loss) for the period | 9904 | -€18,853 | -€34,270 | -€15,417 | -81.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,853 | -€34,270 | -€15,417 | -81.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.