MDN CONSULTING: 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.
MDN CONSULTING
Largest movements
- Cash -€4,471
down €4,471 (-99.7%), from €4,482 to €11
mainly Debts after one year (-€3,055) and Other debts (-€1,812)
- Tangible fixed assets -€1,658
down €1,658 (-21.3%), from €7,790 to €6,132
- Receivables within one year +€1,141
up €1,141 (+17.1%), from €6,670 to €7,811
of which Trade receivables: +€784
- Deferred charges and accrued income +€474
up €474 (+148%), from €320 to €795
- Debts after one year -€3,055
down €3,055 (-85.4%), from €3,577 to €522
- Other debts -€1,812
down €1,812 (-71.5%), from €2,533 to €721
- Tax, wage and social debts +€1,677
up €1,677 (+40.9%), from €4,103 to €5,780
of which Remuneration and social security: +€1,000
- Trade debts -€866
down €866 (-47.4%), from €1,828 to €962
- Profit (loss) carried forward -€591
new in 2025: -€591
- Gross operating margin +€2,279
up €2,279 (+52.3%), from €4,362 to €6,641
- Financial charges +€1,576
up €1,576 (+147%), from €1,069 to €2,645
- Staff costs +€1,387
up €1,387 (+158%), from €879 to €2,265
- Depreciation +€1,158
up €1,158 (+232%), from €500 to €1,658
- Other operating charges +€162
new in 2025: €162
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 | €19,263 | €14,749 | -€4,514 | -23.4% |
| Fixed assets | 21/28 | €7,790 | €6,132 | -€1,658 | -21.3% |
| Tangible fixed assets | 22/27 | €7,790 | €6,132 | -€1,658 | -21.3% |
| Furniture and vehicles | 24 | €7,790 | €6,132 | -€1,658 | -21.3% |
| Current assets | 29/58 | €11,473 | €8,617 | -€2,856 | -24.9% |
| Amounts receivable within one year | 40/41 | €6,670 | €7,811 | +€1,141 | +17.1% |
| Trade receivables | 40 | €6,670 | €7,455 | +€784 | +11.8% |
| Other amounts receivable | 41 | - | €356 | +€356 | |
| Cash at bank and in hand | 54/58 | €4,482 | €11 | -€4,471 | -99.7% |
| Deferred charges and accrued income | 490/1 | €320 | €795 | +€474 | +148% |
| Total equity and liabilities | 10/49 | €19,263 | €14,749 | -€4,514 | -23.4% |
| Equity | 10/15 | €4,300 | €3,709 | -€591 | -13.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,300 | €1,300 | = | 0.0% |
| Distributable reserves | 133 | €1,300 | €1,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€591 | -€591 | |
| Amounts payable | 17/49 | €14,962 | €11,040 | -€3,922 | -26.2% |
| Amounts payable after more than one year | 17 | €3,577 | €522 | -€3,055 | -85.4% |
| Financial debts | 170/4 | €3,577 | €522 | -€3,055 | -85.4% |
| Amounts payable within one year | 42/48 | €11,385 | €10,518 | -€867 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €2,922 | €3,055 | +€133 | +4.5% |
| Trade debts | 44 | €1,828 | €962 | -€866 | -47.4% |
| Suppliers | 440/4 | €1,828 | €962 | -€866 | -47.4% |
| Taxes, remuneration and social security | 45 | €4,103 | €5,780 | +€1,677 | +40.9% |
| Taxes | 450/3 | €4,103 | €4,780 | +€677 | +16.5% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €2,533 | €721 | -€1,812 | -71.5% |
| Remuneration, social security and pensions | 62 | €879 | €2,265 | +€1,387 | +158% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €1,658 | +€1,158 | +232% |
| Other operating charges | 640/8 | - | €162 | +€162 | |
| Gross operating margin | 9900 | €4,362 | €6,641 | +€2,279 | +52.3% |
| Operating profit (loss) | 9901 | €2,983 | €2,556 | -€428 | -14.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,069 | €2,645 | +€1,576 | +147% |
| Recurring financial charges | 65 | €1,069 | €2,645 | +€1,576 | +147% |
| Profit (loss) for the period before taxes | 9903 | €1,914 | -€90 | -€2,004 | |
| Income taxes | 67/77 | €614 | €502 | -€112 | -18.3% |
| Profit (loss) for the period | 9904 | €1,300 | -€591 | -€1,891 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,300 | -€591 | -€1,891 |
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 16 October 2026 via checked.be.