MDN GOMES: 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 GOMES
Largest movements
- Receivables within one year +€39,801
up €39,801 (+1,250%), from €3,185 to €42,986
- Stocks and contracts -€13,400
down €13,400 (-71.7%), from €18,688 to €5,288
- Cash -€1,953
down €1,953 (-39.5%), from €4,939 to €2,986
mainly Receivables within one year (-€39,801) and Tax, wage and social debts (-€7,690)
- Other debts +€23,035
up €23,035 (+347%), from €6,629 to €29,664
- Tax, wage and social debts -€7,690
down €7,690 (-40.9%), from €18,797 to €11,107
- Profit (loss) carried forward +€7,072
up €7,072 (+948%), from €746 to €7,818
- Trade debts +€1,404
up €1,404 (+130%), from €1,082 to €2,486
- Gross operating margin -€12,599
down €12,599 (-42.1%), from €29,953 to €17,354
- Taxes -€8,960
down €8,960 (-67.4%), from €13,293 to €4,333
- Other operating charges -€7,680
down €7,680 (-54.0%), from €14,222 to €6,542
- Depreciation -€1,173
down €1,173 (-77.0%), from €1,523 to €350
- Financial charges -€1,074
down €1,074, from €231 to -€843
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 | €28,254 | €52,075 | +€23,821 | +84.3% |
| Fixed assets | 21/28 | €1,166 | €815 | -€351 | -30.1% |
| Tangible fixed assets | 22/27 | €566 | €215 | -€351 | -62.0% |
| Furniture and vehicles | 24 | €566 | €215 | -€351 | -62.0% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €27,088 | €51,260 | +€24,172 | +89.2% |
| Stocks and contracts in progress | 3 | €18,688 | €5,288 | -€13,400 | -71.7% |
| Stocks | 30/36 | €18,688 | €5,288 | -€13,400 | -71.7% |
| Amounts receivable within one year | 40/41 | €3,185 | €42,986 | +€39,801 | +1,250% |
| Trade receivables | 40 | €3,185 | €42,986 | +€39,801 | +1,250% |
| Cash at bank and in hand | 54/58 | €4,939 | €2,986 | -€1,953 | -39.5% |
| Deferred charges and accrued income | 490/1 | €276 | - | -€276 | |
| Total equity and liabilities | 10/49 | €28,254 | €52,075 | +€23,821 | +84.3% |
| Equity | 10/15 | €1,746 | €8,818 | +€7,072 | +405% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €746 | €7,818 | +€7,072 | +948% |
| Amounts payable | 17/49 | €26,508 | €43,257 | +€16,749 | +63.2% |
| Amounts payable within one year | 42/48 | €26,508 | €43,257 | +€16,749 | +63.2% |
| Trade debts | 44 | €1,082 | €2,486 | +€1,404 | +130% |
| Suppliers | 440/4 | €1,082 | €2,486 | +€1,404 | +130% |
| Taxes, remuneration and social security | 45 | €18,797 | €11,107 | -€7,690 | -40.9% |
| Taxes | 450/3 | €18,797 | €11,107 | -€7,690 | -40.9% |
| Other amounts payable | 47/48 | €6,629 | €29,664 | +€23,035 | +347% |
| Non-recurring operating income | 76A | €15,000 | €2,502 | -€12,498 | -83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,523 | €350 | -€1,173 | -77.0% |
| Other operating charges | 640/8 | €14,222 | €6,542 | -€7,680 | -54.0% |
| Gross operating margin | 9900 | €29,953 | €17,354 | -€12,599 | -42.1% |
| Operating profit (loss) | 9901 | €14,208 | €10,462 | -€3,746 | -26.4% |
| Financial income | 75/76B | €132 | €100 | -€32 | -24.2% |
| Recurring financial income | 75 | €132 | €100 | -€32 | -24.2% |
| Financial charges | 65/66B | €231 | -€843 | -€1,074 | |
| Recurring financial charges | 65 | €231 | -€843 | -€1,074 | |
| Profit (loss) for the period before taxes | 9903 | €14,109 | €11,405 | -€2,704 | -19.2% |
| Income taxes | 67/77 | €13,293 | €4,333 | -€8,960 | -67.4% |
| Profit (loss) for the period | 9904 | €816 | €7,072 | +€6,256 | +767% |
| Profit (loss) for the period to be appropriated | 9905 | €816 | €7,072 | +€6,256 | +767% |
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 17 October 2026 via checked.be.