MDM SERVICES: 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 SERVICES
Largest movements
- Cash -€23,850
down €23,850 (-78.3%), from €30,463 to €6,613
mainly Net result for the year (-€18,120) and Investment in fixed assets (net) (-€9,251)
- Tangible fixed assets +€9,251
up €9,251 (+5.6%), from €165,817 to €175,068
of which Land and buildings: +€8,514
- Profit (loss) carried forward -€18,120
down €18,120 (-92.3%), from €19,633 to €1,513
- Other debts +€15,048
up €15,048 (+26.4%), from €57,002 to €72,050
- Tax, wage and social debts -€6,923
down €6,923 (-80.6%), from €8,590 to €1,667
of which Remuneration and social security: -€6,100
- Trade debts -€3,742
down €3,742 (-54.1%), from €6,921 to €3,179
- Gross operating margin +€23,163
up €23,163 (+57.8%), from -€40,100 to -€16,938
- Other operating charges -€1,963
no longer reported in 2024 (was €1,963)
From the 2023 result to the 2024 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €204,402 | €190,664 | -€13,738 | -6.7% |
| Fixed assets | 21/28 | €166,238 | €175,489 | +€9,251 | +5.6% |
| Tangible fixed assets | 22/27 | €165,817 | €175,068 | +€9,251 | +5.6% |
| Land and buildings | 22 | €126,429 | €134,943 | +€8,514 | +6.7% |
| Plant, machinery and equipment | 23 | €1,209 | €1,946 | +€737 | +61.0% |
| Furniture and vehicles | 24 | €38,179 | €38,179 | = | 0.0% |
| Financial fixed assets | 28 | €421 | €421 | = | 0.0% |
| Current assets | 29/58 | €38,164 | €15,175 | -€22,989 | -60.2% |
| Stocks and contracts in progress | 3 | €254 | €968 | +€714 | +281.3% |
| Stocks | 30/36 | €254 | €968 | +€714 | +281.3% |
| Amounts receivable within one year | 40/41 | €7,448 | €7,594 | +€147 | +2.0% |
| Trade receivables | 40 | €5,130 | €4,729 | -€400 | -7.8% |
| Other amounts receivable | 41 | €2,318 | €2,865 | +€547 | +23.6% |
| Cash at bank and in hand | 54/58 | €30,463 | €6,613 | -€23,850 | -78.3% |
| Total equity and liabilities | 10/49 | €204,402 | €190,664 | -€13,738 | -6.7% |
| Equity | 10/15 | €30,169 | €12,048 | -€18,120 | -60.1% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,633 | €1,513 | -€18,120 | -92.3% |
| Amounts payable | 17/49 | €174,234 | €178,616 | +€4,382 | +2.5% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €74,234 | €78,616 | +€4,382 | +5.9% |
| Financial debts | 43 | €213 | €213 | = | 0.0% |
| Credit institutions | 430/8 | €213 | €213 | = | 0.0% |
| Trade debts | 44 | €6,921 | €3,179 | -€3,742 | -54.1% |
| Suppliers | 440/4 | €6,921 | €3,179 | -€3,742 | -54.1% |
| Advances received on contracts in progress | 46 | €1,508 | €1,508 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,590 | €1,667 | -€6,923 | -80.6% |
| Taxes | 450/3 | €2,490 | €1,667 | -€823 | -33.1% |
| Remuneration and social security | 454/9 | €6,100 | - | -€6,100 | |
| Other amounts payable | 47/48 | €57,002 | €72,050 | +€15,048 | +26.4% |
| Other operating charges | 640/8 | €1,963 | - | -€1,963 | |
| Gross operating margin | 9900 | -€40,100 | -€16,938 | +€23,163 | +57.8% |
| Operating profit (loss) | 9901 | -€42,064 | -€16,938 | +€25,126 | +59.7% |
| Financial income | 75/76B | - | €74 | +€74 | |
| Recurring financial income | 75 | - | €74 | +€74 | |
| Financial charges | 65/66B | €845 | €1,099 | +€254 | +30.1% |
| Recurring financial charges | 65 | €845 | €1,099 | +€254 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | -€42,909 | -€17,963 | +€24,946 | +58.1% |
| Income taxes | 67/77 | €164 | €158 | -€6 | -3.7% |
| Profit (loss) for the period | 9904 | -€43,072 | -€18,120 | +€24,952 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,072 | -€18,120 | +€24,952 | +57.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.