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MDL United: 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.

What changed

MDL United

BE 0556.760.204
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€133,869
2024 · -€5,603+€139,472
Equity
€1.9m
2024 · €1.7m+€133,869
Cash
€6,051
2024 · €5,691+€360
Balance sheet total
€3.1m
2024 · €3.0m+€139,869

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€139,509

    up €139,509 (+47.4%), from €294,104 to €433,613

Equity and liabilities
  • Profit (loss) carried forward +€133,869

    up €133,869, from -€5,603 to €128,267

Income statement
  • Financial income +€139,531

    up €139,531 (+335,169%), from €42 to €139,573

  • Other operating charges +€100

    up €100 (+9.0%), from €1,108 to €1,208

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€5,603
Gross operating margin +€41
Other operating charges -€100
Financial income +€139,531
Result 2025 €133,869
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€360
Investment €0
Financing €0
Cash 2024 €5,691
Net result for the year +€133,869
Receivables within one year -€139,509
Other debts +€6,000
Cash 2025 €6,051
brings cash intakes cash out
Every line side by side 30 lines
Line Code 2024 2025 Change %
Total assets 20/58 €3,000,985 €3,140,854 +€139,869 +4.7%
Fixed assets 21/28 €2,701,190 €2,701,190 = 0.0%
Financial fixed assets 28 €2,701,190 €2,701,190 = 0.0%
Current assets 29/58 €299,795 €439,664 +€139,869 +46.7%
Amounts receivable within one year 40/41 €294,104 €433,613 +€139,509 +47.4%
Other amounts receivable 41 €294,104 €433,613 +€139,509 +47.4%
Cash at bank and in hand 54/58 €5,691 €6,051 +€360 +6.3%
Total equity and liabilities 10/49 €3,000,985 €3,140,854 +€139,869 +4.7%
Equity 10/15 €1,728,151 €1,862,020 +€133,869 +7.7%
Contributions 10/11 €706,650 €706,650 = 0.0%
Capital 10 €706,650 €706,650 = 0.0%
Issued capital 100 €706,650 €706,650 = 0.0%
Reserves 13 €1,027,104 €1,027,104 = 0.0%
Non-distributable reserves 130/1 €70,665 €70,665 = 0.0%
Legal reserve 130 €70,665 €70,665 = 0.0%
Distributable reserves 133 €956,439 €956,439 = 0.0%
Profit (loss) carried forward 14 -€5,603 €128,267 +€133,869
Amounts payable 17/49 €1,272,834 €1,278,834 +€6,000 +0.5%
Amounts payable within one year 42/48 €1,272,834 €1,278,834 +€6,000 +0.5%
Other amounts payable 47/48 €1,272,834 €1,278,834 +€6,000 +0.5%
Other operating charges 640/8 €1,108 €1,208 +€100 +9.0%
Gross operating margin 9900 -€4,506 -€4,465 +€41 +0.9%
Operating profit (loss) 9901 -€5,614 -€5,673 -€59 -1.0%
Financial income 75/76B €42 €139,573 +€139,531 +335,169%
Recurring financial income 75 €42 €139,573 +€139,531 +335,169%
Financial charges 65/66B €30 €30 = 0.0%
Recurring financial charges 65 €30 €30 = 0.0%
Profit (loss) for the period before taxes 9903 -€5,603 €133,869 +€139,472
Profit (loss) for the period 9904 -€5,603 €133,869 +€139,472
Profit (loss) for the period to be appropriated 9905 -€5,603 €133,869 +€139,472

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 18 October 2026 via checked.be.