MDM DECOR: 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.
MDM DECOR
Largest movements
- Receivables within one year -€2,736
down €2,736 (-70.8%), from €3,867 to €1,131
of which Trade receivables: -€1,566
- Tangible fixed assets +€574
new in 2025: €574
- Stocks and contracts +€174
up €174 (+18.1%), from €962 to €1,136
- Deferred charges and accrued income +€105
new in 2025: €105
- Short-term financial debts -€4,526
down €4,526 (-49.1%), from €9,220 to €4,694
- Profit (loss) carried forward +€4,524
up €4,524 (+8.8%), from -€51,435 to -€46,910
- Reserves -€1,859
no longer reported in 2025 (was €1,859)
- Other debts -€1,150
down €1,150 (-4.3%), from €26,457 to €25,307
- Trade debts +€1,032
up €1,032 (+762.1%), from €135 to €1,167
- Gross operating margin +€17,491
up €17,491, from -€12,396 to €5,095
- Other operating charges +€326
up €326 (+54.7%), from €596 to €921
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,829 | €2,946 | -€1,884 | -39.0% |
| Fixed assets | 21/28 | - | €574 | +€574 | |
| Tangible fixed assets | 22/27 | - | €574 | +€574 | |
| Plant, machinery and equipment | 23 | - | €574 | +€574 | |
| Current assets | 29/58 | €4,829 | €2,372 | -€2,457 | -50.9% |
| Stocks and contracts in progress | 3 | €962 | €1,136 | +€174 | +18.1% |
| Stocks | 30/36 | €962 | €1,136 | +€174 | +18.1% |
| Amounts receivable within one year | 40/41 | €3,867 | €1,131 | -€2,736 | -70.8% |
| Trade receivables | 40 | €1,566 | - | -€1,566 | |
| Other amounts receivable | 41 | €2,301 | €1,131 | -€1,170 | -50.9% |
| Deferred charges and accrued income | 490/1 | - | €105 | +€105 | |
| Total equity and liabilities | 10/49 | €4,829 | €2,946 | -€1,884 | -39.0% |
| Equity | 10/15 | -€30,983 | -€28,318 | +€2,665 | +8.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €1,859 | - | -€1,859 | |
| Profit (loss) carried forward | 14 | -€51,435 | -€46,910 | +€4,524 | +8.8% |
| Amounts payable | 17/49 | €35,812 | €31,264 | -€4,548 | -12.7% |
| Amounts payable within one year | 42/48 | €35,812 | €31,168 | -€4,644 | -13.0% |
| Financial debts | 43 | €9,220 | €4,694 | -€4,526 | -49.1% |
| Credit institutions | 430/8 | €9,220 | €4,694 | -€4,526 | -49.1% |
| Trade debts | 44 | €135 | €1,167 | +€1,032 | +762.1% |
| Suppliers | 440/4 | €135 | €1,167 | +€1,032 | +762.1% |
| Other amounts payable | 47/48 | €26,457 | €25,307 | -€1,150 | -4.3% |
| Accrued charges and deferred income | 492/3 | - | €96 | +€96 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €72 | +€72 | |
| Other operating charges | 640/8 | €596 | €921 | +€326 | +54.7% |
| Gross operating margin | 9900 | -€12,396 | €5,095 | +€17,491 | |
| Operating profit (loss) | 9901 | -€12,991 | €4,102 | +€17,094 | |
| Financial charges | 65/66B | €1,511 | €1,437 | -€73 | -4.9% |
| Recurring financial charges | 65 | €1,511 | €1,437 | -€73 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,502 | €2,665 | +€17,167 | |
| Profit (loss) for the period | 9904 | -€14,502 | €2,665 | +€17,167 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,502 | €2,665 | +€17,167 |
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 8 October 2026 via checked.be.