MDK SOLUTIONS: 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 SOLUTIONS
Largest movements
- Tangible fixed assets +€13,763
up €13,763 (+69.1%), from €19,906 to €33,668
of which Furniture and vehicles: +€17,826
- Cash -€9,071
down €9,071 (-59.2%), from €15,325 to €6,254
mainly Investment in fixed assets (net) (-€23,533) and Net result for the year (-€13,791)
- Receivables within one year -€6,091
down €6,091 (-28.5%), from €21,366 to €15,275
of which Trade receivables: -€6,881
- Profit (loss) carried forward -€13,791
down €13,791 (-53.3%), from €25,854 to €12,063
- Other debts +€12,805
new in 2025: €12,805
- Debts after one year +€10,139
up €10,139 (+1106.7%), from €916 to €11,056
- Trade debts -€9,377
down €9,377 (-63.3%), from €14,811 to €5,434
- Tax, wage and social debts -€1,833
down €1,833 (-36.7%), from €4,989 to €3,156
- Gross operating margin -€21,089
down €21,089 (-94.5%), from €22,308 to €1,218
- Taxes -€3,106
no longer reported in 2025 (was €3,106)
- Depreciation +€2,392
up €2,392 (+32.6%), from €7,345 to €9,737
- Financial charges +€1,031
up €1,031 (+53.8%), from €1,917 to €2,948
- Other operating charges +€527
up €527 (+27.9%), from €1,891 to €2,419
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 | €56,656 | €55,290 | -€1,366 | -2.4% |
| Fixed assets | 21/28 | €19,966 | €33,761 | +€13,795 | +69.1% |
| Tangible fixed assets | 22/27 | €19,906 | €33,668 | +€13,763 | +69.1% |
| Plant, machinery and equipment | 23 | €10,994 | €6,931 | -€4,063 | -37.0% |
| Furniture and vehicles | 24 | €8,912 | €26,737 | +€17,826 | +200.0% |
| Financial fixed assets | 28 | €60 | €93 | +€33 | +54.3% |
| Current assets | 29/58 | €36,691 | €21,529 | -€15,162 | -41.3% |
| Amounts receivable within one year | 40/41 | €21,366 | €15,275 | -€6,091 | -28.5% |
| Trade receivables | 40 | €18,888 | €12,007 | -€6,881 | -36.4% |
| Other amounts receivable | 41 | €2,477 | €3,268 | +€790 | +31.9% |
| Cash at bank and in hand | 54/58 | €15,325 | €6,254 | -€9,071 | -59.2% |
| Total equity and liabilities | 10/49 | €56,656 | €55,290 | -€1,366 | -2.4% |
| Equity | 10/15 | €28,854 | €15,063 | -€13,791 | -47.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,854 | €12,063 | -€13,791 | -53.3% |
| Amounts payable | 17/49 | €27,802 | €40,227 | +€12,425 | +44.7% |
| Amounts payable after more than one year | 17 | €916 | €11,056 | +€10,139 | +1106.7% |
| Financial debts | 170/4 | €916 | €11,056 | +€10,139 | +1106.7% |
| Amounts payable within one year | 42/48 | €26,886 | €29,171 | +€2,285 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €7,086 | €7,776 | +€690 | +9.7% |
| Trade debts | 44 | €14,811 | €5,434 | -€9,377 | -63.3% |
| Suppliers | 440/4 | €14,811 | €5,434 | -€9,377 | -63.3% |
| Taxes, remuneration and social security | 45 | €4,989 | €3,156 | -€1,833 | -36.7% |
| Taxes | 450/3 | €4,989 | €3,156 | -€1,833 | -36.7% |
| Other amounts payable | 47/48 | - | €12,805 | +€12,805 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,345 | €9,737 | +€2,392 | +32.6% |
| Other operating charges | 640/8 | €1,891 | €2,419 | +€527 | +27.9% |
| Gross operating margin | 9900 | €22,308 | €1,218 | -€21,089 | -94.5% |
| Operating profit (loss) | 9901 | €13,071 | -€10,937 | -€24,009 | |
| Financial income | 75/76B | €160 | €94 | -€66 | -41.1% |
| Recurring financial income | 75 | €160 | €94 | -€66 | -41.1% |
| Financial charges | 65/66B | €1,917 | €2,948 | +€1,031 | +53.8% |
| Recurring financial charges | 65 | €1,917 | €2,948 | +€1,031 | +53.8% |
| Profit (loss) for the period before taxes | 9903 | €11,314 | -€13,791 | -€25,105 | |
| Income taxes | 67/77 | €3,106 | - | -€3,106 | |
| Profit (loss) for the period | 9904 | €8,208 | -€13,791 | -€21,999 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,208 | -€13,791 | -€21,999 |
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 4 October 2026 via checked.be.