MDL@Work: 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.
MDL@Work
Largest movements
- Cash -€22,892
down €22,892 (-91.2%), from €25,103 to €2,211
mainly Receivables within one year (-€19,612) and Other debts (-€10,000)
- Receivables within one year +€19,612
up €19,612 (+120%), from €16,328 to €35,940
of which Other amounts receivable: +€21,193
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Profit (loss) carried forward +€4,519
up €4,519 (+21.6%), from €20,952 to €25,471
- Trade debts +€2,816
up €2,816 (+1,215%), from €232 to €3,047
- Tax, wage and social debts -€615
down €615 (-8.5%), from €7,247 to €6,632
of which Taxes: -€783
- Gross operating margin -€28,611
down €28,611 (-78.9%), from €36,245 to €7,634
- Taxes -€4,129
down €4,129 (-78.0%), from €5,297 to €1,167
- Other operating charges +€1,354
up €1,354 (+1,957%), from €69 to €1,423
- Financial charges +€535
up €535 (+2,656%), from €20 to €555
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.
Derived cash bridge
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 | €41,430 | €38,151 | -€3,280 | -7.9% |
| Current assets | 29/58 | €41,430 | €38,151 | -€3,280 | -7.9% |
| Amounts receivable within one year | 40/41 | €16,328 | €35,940 | +€19,612 | +120% |
| Trade receivables | 40 | €3,272 | €1,691 | -€1,581 | -48.3% |
| Other amounts receivable | 41 | €13,056 | €34,249 | +€21,193 | +162% |
| Cash at bank and in hand | 54/58 | €25,103 | €2,211 | -€22,892 | -91.2% |
| Total equity and liabilities | 10/49 | €41,430 | €38,151 | -€3,280 | -7.9% |
| Equity | 10/15 | €23,952 | €28,471 | +€4,519 | +18.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,952 | €25,471 | +€4,519 | +21.6% |
| Amounts payable | 17/49 | €17,479 | €9,679 | -€7,799 | -44.6% |
| Amounts payable within one year | 42/48 | €17,479 | €9,679 | -€7,799 | -44.6% |
| Trade debts | 44 | €232 | €3,047 | +€2,816 | +1,215% |
| Suppliers | 440/4 | €232 | €3,047 | +€2,816 | +1,215% |
| Taxes, remuneration and social security | 45 | €7,247 | €6,632 | -€615 | -8.5% |
| Taxes | 450/3 | €7,247 | €6,464 | -€783 | -10.8% |
| Remuneration and social security | 454/9 | - | €168 | +€168 | |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Other operating charges | 640/8 | €69 | €1,423 | +€1,354 | +1,957% |
| Gross operating margin | 9900 | €36,245 | €7,634 | -€28,611 | -78.9% |
| Operating profit (loss) | 9901 | €36,176 | €6,211 | -€29,965 | -82.8% |
| Financial income | 75/76B | €92 | €31 | -€62 | -66.8% |
| Recurring financial income | 75 | €92 | €31 | -€62 | -66.8% |
| Financial charges | 65/66B | €20 | €555 | +€535 | +2,656% |
| Recurring financial charges | 65 | €20 | €555 | +€535 | +2,656% |
| Profit (loss) for the period before taxes | 9903 | €36,248 | €5,687 | -€30,562 | -84.3% |
| Income taxes | 67/77 | €5,297 | €1,167 | -€4,129 | -78.0% |
| Profit (loss) for the period | 9904 | €30,952 | €4,519 | -€26,432 | -85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,952 | €4,519 | -€26,432 | -85.4% |
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 17 October 2026 via checked.be.