MDM CONSULTANCY: 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.
MDM CONSULTANCY
Largest movements
- Tangible fixed assets -€9,200
down €9,200 (-44.4%), from €20,700 to €11,500
- Receivables within one year +€6,389
up €6,389 (+617%), from €1,035 to €7,424
of which Trade receivables: +€6,178
- Reserves +€17,100
up €17,100 (+7.3%), from €233,654 to €250,753
of which Distributable reserves: +€17,100
- Debts after one year -€13,305
down €13,305 (-65.7%), from €20,248 to €6,943
- Tax, wage and social debts -€5,091
down €5,091 (-34.6%), from €14,695 to €9,604
- Gross operating margin -€19,044
down €19,044 (-34.6%), from €55,113 to €36,069
- Taxes -€4,321
down €4,321 (-32.2%), from €13,407 to €9,087
- Financial income +€2,324
up €2,324 (+949%), from €245 to €2,569
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 | €306,811 | €304,275 | -€2,536 | -0.8% |
| Fixed assets | 21/28 | €20,700 | €11,500 | -€9,200 | -44.4% |
| Tangible fixed assets | 22/27 | €20,700 | €11,500 | -€9,200 | -44.4% |
| Land and buildings | 22 | €20,700 | €11,500 | -€9,200 | -44.4% |
| Current assets | 29/58 | €286,111 | €292,775 | +€6,664 | +2.3% |
| Amounts receivable within one year | 40/41 | €1,035 | €7,424 | +€6,389 | +617% |
| Trade receivables | 40 | - | €6,178 | +€6,178 | |
| Other amounts receivable | 41 | €1,035 | €1,246 | +€211 | +20.4% |
| Cash at bank and in hand | 54/58 | €283,088 | €283,317 | +€229 | +0.1% |
| Deferred charges and accrued income | 490/1 | €1,988 | €2,034 | +€47 | +2.3% |
| Total equity and liabilities | 10/49 | €306,811 | €304,275 | -€2,536 | -0.8% |
| Equity | 10/15 | €252,254 | €269,353 | +€17,100 | +6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €233,654 | €250,753 | +€17,100 | +7.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €231,794 | €248,893 | +€17,100 | +7.4% |
| Amounts payable | 17/49 | €54,557 | €34,922 | -€19,636 | -36.0% |
| Amounts payable after more than one year | 17 | €20,248 | €6,943 | -€13,305 | -65.7% |
| Financial debts | 170/4 | €20,248 | €6,943 | -€13,305 | -65.7% |
| Amounts payable within one year | 42/48 | €34,309 | €27,979 | -€6,330 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €13,740 | €13,214 | -€526 | -3.8% |
| Trade debts | 44 | €1,531 | €886 | -€645 | -42.1% |
| Suppliers | 440/4 | €1,531 | €886 | -€645 | -42.1% |
| Taxes, remuneration and social security | 45 | €14,695 | €9,604 | -€5,091 | -34.6% |
| Taxes | 450/3 | €14,695 | €9,604 | -€5,091 | -34.6% |
| Other amounts payable | 47/48 | €4,343 | €4,275 | -€68 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,200 | €9,200 | = | 0.0% |
| Other operating charges | 640/8 | €1,800 | €1,850 | +€50 | +2.8% |
| Gross operating margin | 9900 | €55,113 | €36,069 | -€19,044 | -34.6% |
| Operating profit (loss) | 9901 | €44,113 | €25,019 | -€19,094 | -43.3% |
| Financial income | 75/76B | €245 | €2,569 | +€2,324 | +949% |
| Recurring financial income | 75 | €245 | €2,569 | +€2,324 | +949% |
| Financial charges | 65/66B | €1,744 | €1,401 | -€343 | -19.6% |
| Recurring financial charges | 65 | €1,744 | €1,401 | -€343 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €42,614 | €26,186 | -€16,428 | -38.6% |
| Income taxes | 67/77 | €13,407 | €9,087 | -€4,321 | -32.2% |
| Profit (loss) for the period | 9904 | €29,206 | €17,100 | -€12,107 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,206 | €17,100 | -€12,107 | -41.5% |
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 14 October 2026 via checked.be.