MDM Technics: 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 Technics
Largest movements
- Receivables within one year -€86,680
down €86,680 (-69.2%), from €125,190 to €38,510
of which Trade receivables: -€92,412
- Cash +€79,957
up €79,957 (+51.5%), from €155,264 to €235,221
mainly Receivables within one year (+€86,680) and Current investments (+€66,719)
- Tangible fixed assets +€73,823
up €73,823 (+569.6%), from €12,960 to €86,783
of which Furniture and vehicles: +€47,944
- Current investments -€66,719
down €66,719 (-41.1%), from €162,500 to €95,781
- Reserves +€32,000
up €32,000 (+11.5%), from €277,200 to €309,200
of which Distributable reserves: +€32,000
- Trade debts -€19,223
down €19,223 (-62.4%), from €30,797 to €11,574
- Tax, wage and social debts -€13,133
down €13,133 (-98.6%), from €13,317 to €184
- Gross operating margin -€133,057
down €133,057 (-67.9%), from €195,927 to €62,870
- Purchases and services -€82,810
down €82,810 (-34.0%), from €243,414 to €160,604
- Taxes -€37,975
down €37,975 (-71.0%), from €53,467 to €15,492
- Depreciation +€9,738
up €9,738 (+142.8%), from €6,822 to €16,560
- Financial income +€6,049
new in 2025: €6,049
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
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 | €457,916 | €457,808 | -€108 | 0.0% |
| Fixed assets | 21/28 | €13,110 | €86,933 | +€73,823 | +563.1% |
| Tangible fixed assets | 22/27 | €12,960 | €86,783 | +€73,823 | +569.6% |
| Land and buildings | 22 | - | €25,879 | +€25,879 | |
| Furniture and vehicles | 24 | €12,960 | €60,904 | +€47,944 | +369.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €444,806 | €370,876 | -€73,930 | -16.6% |
| Amounts receivable within one year | 40/41 | €125,190 | €38,510 | -€86,680 | -69.2% |
| Trade receivables | 40 | €114,850 | €22,438 | -€92,412 | -80.5% |
| Other amounts receivable | 41 | €10,340 | €16,073 | +€5,733 | +55.4% |
| Current investments | 50/53 | €162,500 | €95,781 | -€66,719 | -41.1% |
| Cash at bank and in hand | 54/58 | €155,264 | €235,221 | +€79,957 | +51.5% |
| Deferred charges and accrued income | 490/1 | €1,852 | €1,363 | -€489 | -26.4% |
| Total equity and liabilities | 10/49 | €457,916 | €457,808 | -€108 | 0.0% |
| Equity | 10/15 | €412,493 | €444,902 | +€32,409 | +7.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €277,200 | €309,200 | +€32,000 | +11.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €275,000 | €307,000 | +€32,000 | +11.6% |
| Profit (loss) carried forward | 14 | €122,894 | €123,303 | +€409 | +0.3% |
| Amounts payable | 17/49 | €45,423 | €12,906 | -€32,516 | -71.6% |
| Amounts payable within one year | 42/48 | €44,773 | €12,415 | -€32,357 | -72.3% |
| Trade debts | 44 | €30,797 | €11,574 | -€19,223 | -62.4% |
| Suppliers | 440/4 | €30,797 | €11,574 | -€19,223 | -62.4% |
| Taxes, remuneration and social security | 45 | €13,317 | €184 | -€13,133 | -98.6% |
| Taxes | 450/3 | €13,317 | €184 | -€13,133 | -98.6% |
| Other amounts payable | 47/48 | €659 | €657 | -€1 | -0.2% |
| Accrued charges and deferred income | 492/3 | €650 | €491 | -€159 | -24.5% |
| Non-recurring operating income | 76A | - | €24,287 | +€24,287 | |
| Goods, raw materials, services and sundry goods | 60/61 | €243,414 | €160,604 | -€82,810 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,822 | €16,560 | +€9,738 | +142.8% |
| Other operating charges | 640/8 | €917 | €4,326 | +€3,409 | +371.8% |
| Gross operating margin | 9900 | €195,927 | €62,870 | -€133,057 | -67.9% |
| Operating profit (loss) | 9901 | €188,188 | €41,984 | -€146,204 | -77.7% |
| Financial income | 75/76B | - | €6,049 | +€6,049 | |
| Recurring financial income | 75 | - | €6,049 | +€6,049 | |
| Financial charges | 65/66B | €263 | €133 | -€130 | -49.5% |
| Recurring financial charges | 65 | €263 | €133 | -€130 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | €187,925 | €47,901 | -€140,025 | -74.5% |
| Income taxes | 67/77 | €53,467 | €15,492 | -€37,975 | -71.0% |
| Profit (loss) for the period | 9904 | €134,459 | €32,409 | -€102,050 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €134,459 | €32,409 | -€102,050 | -75.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.