MDPSY: 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.
MDPSY
Largest movements
- Cash +€65,194
up €65,194 (+145%), from €45,095 to €110,289
mainly Net result for the year (+€79,927) and Tax, wage and social debts (+€18,040)
- Receivables within one year +€51,409
up €51,409 (+75.1%), from €68,482 to €119,892
- Deferred charges and accrued income -€16,169
no longer reported in 2025 (was €16,169)
- Profit (loss) carried forward +€79,927
up €79,927 (+80.8%), from €98,903 to €178,830
- Tax, wage and social debts +€18,040
up €18,040 (+69.1%), from €26,099 to €44,139
- Trade debts +€2,467
up €2,467 (+141%), from €1,744 to €4,211
- Gross operating margin -€12,124
down €12,124 (-10.8%), from €112,374 to €100,250
- Financial income +€3,120
up €3,120 (+145%), from €2,152 to €5,272
- Taxes -€2,064
down €2,064 (-8.9%), from €23,102 to €21,037
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 | €129,746 | €230,180 | +€100,434 | +77.4% |
| Current assets | 29/58 | €129,746 | €230,180 | +€100,434 | +77.4% |
| Amounts receivable within one year | 40/41 | €68,482 | €119,892 | +€51,409 | +75.1% |
| Other amounts receivable | 41 | €68,482 | €119,892 | +€51,409 | +75.1% |
| Cash at bank and in hand | 54/58 | €45,095 | €110,289 | +€65,194 | +145% |
| Deferred charges and accrued income | 490/1 | €16,169 | - | -€16,169 | |
| Total equity and liabilities | 10/49 | €129,746 | €230,180 | +€100,434 | +77.4% |
| Equity | 10/15 | €101,903 | €181,830 | +€79,927 | +78.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,903 | €178,830 | +€79,927 | +80.8% |
| Amounts payable | 17/49 | €27,843 | €48,350 | +€20,507 | +73.7% |
| Amounts payable within one year | 42/48 | €27,843 | €48,350 | +€20,507 | +73.7% |
| Trade debts | 44 | €1,744 | €4,211 | +€2,467 | +141% |
| Suppliers | 440/4 | €1,744 | €4,211 | +€2,467 | +141% |
| Taxes, remuneration and social security | 45 | €26,099 | €44,139 | +€18,040 | +69.1% |
| Taxes | 450/3 | €26,099 | €44,139 | +€18,040 | +69.1% |
| Other operating charges | 640/8 | €976 | €1,198 | +€222 | +22.7% |
| Gross operating margin | 9900 | €112,374 | €100,250 | -€12,124 | -10.8% |
| Operating profit (loss) | 9901 | €111,398 | €99,052 | -€12,346 | -11.1% |
| Financial income | 75/76B | €2,152 | €5,272 | +€3,120 | +145% |
| Recurring financial income | 75 | €2,152 | €5,272 | +€3,120 | +145% |
| Financial charges | 65/66B | €3,535 | €3,360 | -€176 | -5.0% |
| Recurring financial charges | 65 | €3,535 | €3,360 | -€176 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €110,014 | €100,965 | -€9,050 | -8.2% |
| Income taxes | 67/77 | €23,102 | €21,037 | -€2,064 | -8.9% |
| Profit (loss) for the period | 9904 | €86,913 | €79,927 | -€6,985 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €86,913 | €79,927 | -€6,985 | -8.0% |
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 15 October 2026 via checked.be.