MDLSYS: 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.
MDLSYS
Largest movements
- Cash +€20,826
up €20,826 (+111%), from €18,799 to €39,626
mainly Other debts (+€18,448) and Net result for the year (+€16,488)
- Receivables within one year -€9,962
down €9,962 (-80.1%), from €12,436 to €2,474
of which Trade receivables: -€6,567
- Tangible fixed assets -€8,850
down €8,850 (-100%), from €8,850 to €0
- Other debts +€18,448
up €18,448 (+114%), from €16,118 to €34,566
- Reserves -€18,012
down €18,012 (-100%), from €18,012 to €0
- Tax, wage and social debts +€1,259
up €1,259 (+73.0%), from €1,726 to €2,985
of which Remuneration and social security: +€964
- Depreciation -€3,018
down €3,018 (-88.4%), from €3,413 to €395
- Taxes +€562
up €562 (+10.8%), from €5,217 to €5,779
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 | €40,309 | €42,210 | +€1,901 | +4.7% |
| Fixed assets | 21/28 | €8,850 | €0 | -€8,850 | -100% |
| Tangible fixed assets | 22/27 | €8,850 | €0 | -€8,850 | -100% |
| Furniture and vehicles | 24 | €8,850 | €0 | -€8,850 | -100% |
| Current assets | 29/58 | €31,459 | €42,210 | +€10,751 | +34.2% |
| Amounts receivable within one year | 40/41 | €12,436 | €2,474 | -€9,962 | -80.1% |
| Trade receivables | 40 | €8,037 | €1,470 | -€6,567 | -81.7% |
| Other amounts receivable | 41 | €4,399 | €1,005 | -€3,395 | -77.2% |
| Cash at bank and in hand | 54/58 | €18,799 | €39,626 | +€20,826 | +111% |
| Deferred charges and accrued income | 490/1 | €223 | €110 | -€113 | -50.6% |
| Total equity and liabilities | 10/49 | €40,309 | €42,210 | +€1,901 | +4.7% |
| Equity | 10/15 | €20,512 | €2,500 | -€18,012 | -87.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €18,012 | €0 | -€18,012 | -100% |
| Distributable reserves | 133 | €18,012 | €0 | -€18,012 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,797 | €39,710 | +€19,913 | +101% |
| Amounts payable within one year | 42/48 | €19,797 | €39,710 | +€19,913 | +101% |
| Financial debts | 43 | €1,155 | €1,091 | -€63 | -5.5% |
| Credit institutions | 430/8 | €1,155 | €1,091 | -€63 | -5.5% |
| Trade debts | 44 | €799 | €1,068 | +€269 | +33.7% |
| Suppliers | 440/4 | €799 | €1,068 | +€269 | +33.7% |
| Taxes, remuneration and social security | 45 | €1,726 | €2,985 | +€1,259 | +73.0% |
| Taxes | 450/3 | €1,726 | €2,021 | +€295 | +17.1% |
| Remuneration and social security | 454/9 | - | €964 | +€964 | |
| Other amounts payable | 47/48 | €16,118 | €34,566 | +€18,448 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,413 | €395 | -€3,018 | -88.4% |
| Other operating charges | 640/8 | €575 | €514 | -€61 | -10.5% |
| Non-recurring operating charges | 66A | - | €1,655 | +€1,655 | |
| Gross operating margin | 9900 | €24,881 | €25,030 | +€148 | +0.6% |
| Operating profit (loss) | 9901 | €20,894 | €22,465 | +€1,572 | +7.5% |
| Financial income | 75/76B | €115 | €1 | -€114 | -99.2% |
| Recurring financial income | 75 | €115 | €1 | -€114 | -99.2% |
| Financial charges | 65/66B | €156 | €199 | +€43 | +27.7% |
| Recurring financial charges | 65 | €156 | €199 | +€43 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | €20,852 | €22,267 | +€1,415 | +6.8% |
| Income taxes | 67/77 | €5,217 | €5,779 | +€562 | +10.8% |
| Profit (loss) for the period | 9904 | €15,636 | €16,488 | +€852 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,636 | €16,488 | +€852 | +5.5% |
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 24 October 2026 via checked.be.