MDK Management: 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 Management
Largest movements
- Receivables within one year -€1,798
no longer reported in 2025 (was €1,798)
- Cash -€1,299
down €1,299 (-69.5%), from €1,868 to €569
mainly Net result for the year (-€2,120) and Tax, wage and social debts (-€857)
- Deferred charges and accrued income -€78
no longer reported in 2025 (was €78)
- Profit (loss) carried forward -€2,120
down €2,120 (-279.5%), from -€759 to -€2,878
- Tax, wage and social debts -€857
down €857 (-57.6%), from €1,488 to €631
- Other debts -€348
no longer reported in 2025 (was €348)
- Trade debts +€150
up €150 (+56.5%), from €266 to €417
- Gross operating margin -€2,019
down €2,019, from €305 to -€1,715
- Taxes -€631
no longer reported in 2025 (was €631)
- Financial charges -€144
down €144 (-76.1%), from €189 to €45
- Other operating charges +€109
up €109 (+43.4%), from €251 to €360
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 | €3,744 | €569 | -€3,175 | -84.8% |
| Current assets | 29/58 | €3,744 | €569 | -€3,175 | -84.8% |
| Amounts receivable within one year | 40/41 | €1,798 | - | -€1,798 | |
| Trade receivables | 40 | €1,798 | - | -€1,798 | |
| Cash at bank and in hand | 54/58 | €1,868 | €569 | -€1,299 | -69.5% |
| Deferred charges and accrued income | 490/1 | €78 | - | -€78 | |
| Total equity and liabilities | 10/49 | €3,744 | €569 | -€3,175 | -84.8% |
| Equity | 10/15 | €1,641 | -€478 | -€2,120 | |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€759 | -€2,878 | -€2,120 | -279.5% |
| Amounts payable | 17/49 | €2,103 | €1,048 | -€1,055 | -50.2% |
| Amounts payable within one year | 42/48 | €2,103 | €1,048 | -€1,055 | -50.2% |
| Trade debts | 44 | €266 | €417 | +€150 | +56.5% |
| Suppliers | 440/4 | €266 | €417 | +€150 | +56.5% |
| Taxes, remuneration and social security | 45 | €1,488 | €631 | -€857 | -57.6% |
| Taxes | 450/3 | €1,488 | €631 | -€857 | -57.6% |
| Other amounts payable | 47/48 | €348 | - | -€348 | |
| Other operating charges | 640/8 | €251 | €360 | +€109 | +43.4% |
| Gross operating margin | 9900 | €305 | -€1,715 | -€2,019 | |
| Operating profit (loss) | 9901 | €54 | -€2,075 | -€2,128 | |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €189 | €45 | -€144 | -76.1% |
| Recurring financial charges | 65 | €189 | €45 | -€144 | -76.1% |
| Profit (loss) for the period before taxes | 9903 | -€128 | -€2,120 | -€1,992 | -1561.8% |
| Income taxes | 67/77 | €631 | - | -€631 | |
| Profit (loss) for the period | 9904 | -€759 | -€2,120 | -€1,361 | -179.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€759 | -€2,120 | -€1,361 | -179.5% |
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.