MDS ACCOUNTING: 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.
MDS ACCOUNTING
Largest movements
- Tangible fixed assets -€3,058
no longer reported in 2025 (was €3,058)
of which Plant, machinery and equipment: -€1,825
- Cash +€2,056
up €2,056 (+124%), from €1,662 to €3,717
mainly Other debts (+€20,367) and Net result for the year (+€12,295)
- Receivables within one year -€1,795
down €1,795 (-6.6%), from €27,164 to €25,369
of which Other amounts receivable: -€1,530
- Deferred charges and accrued income -€868
down €868 (-32.6%), from €2,665 to €1,797
- Profit (loss) carried forward -€21,705
down €21,705 (-97.3%), from €22,309 to €604
- Other debts +€20,367
up €20,367 (+1,988%), from €1,024 to €21,391
- Tax, wage and social debts -€3,795
down €3,795 (-41.9%), from €9,050 to €5,255
- Trade debts +€1,468
up €1,468 (+890%), from €165 to €1,633
- Gross operating margin +€9,476
up €9,476 (+69.1%), from €13,705 to €23,181
- Depreciation -€2,652
down €2,652 (-46.4%), from €5,710 to €3,058
- Other operating charges +€2,091
up €2,091 (+247%), from €847 to €2,938
- Taxes +€2,030
up €2,030 (+151%), from €1,347 to €3,378
- Financial charges -€285
down €285 (-15.9%), from €1,797 to €1,512
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 | €34,549 | €30,883 | -€3,665 | -10.6% |
| Fixed assets | 21/28 | €3,058 | - | -€3,058 | |
| Tangible fixed assets | 22/27 | €3,058 | - | -€3,058 | |
| Plant, machinery and equipment | 23 | €1,825 | - | -€1,825 | |
| Furniture and vehicles | 24 | €1,233 | - | -€1,233 | |
| Current assets | 29/58 | €31,491 | €30,883 | -€607 | -1.9% |
| Amounts receivable within one year | 40/41 | €27,164 | €25,369 | -€1,795 | -6.6% |
| Trade receivables | 40 | €25,012 | €24,747 | -€265 | -1.1% |
| Other amounts receivable | 41 | €2,153 | €622 | -€1,530 | -71.1% |
| Cash at bank and in hand | 54/58 | €1,662 | €3,717 | +€2,056 | +124% |
| Deferred charges and accrued income | 490/1 | €2,665 | €1,797 | -€868 | -32.6% |
| Total equity and liabilities | 10/49 | €34,549 | €30,883 | -€3,665 | -10.6% |
| Equity | 10/15 | €24,309 | €2,604 | -€21,705 | -89.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,309 | €604 | -€21,705 | -97.3% |
| Amounts payable | 17/49 | €10,239 | €28,279 | +€18,040 | +176% |
| Amounts payable within one year | 42/48 | €10,239 | €28,279 | +€18,040 | +176% |
| Trade debts | 44 | €165 | €1,633 | +€1,468 | +890% |
| Suppliers | 440/4 | €165 | €1,633 | +€1,468 | +890% |
| Taxes, remuneration and social security | 45 | €9,050 | €5,255 | -€3,795 | -41.9% |
| Taxes | 450/3 | €9,050 | €5,255 | -€3,795 | -41.9% |
| Other amounts payable | 47/48 | €1,024 | €21,391 | +€20,367 | +1,988% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,710 | €3,058 | -€2,652 | -46.4% |
| Other operating charges | 640/8 | €847 | €2,938 | +€2,091 | +247% |
| Gross operating margin | 9900 | €13,705 | €23,181 | +€9,476 | +69.1% |
| Operating profit (loss) | 9901 | €7,147 | €17,184 | +€10,037 | +140% |
| Financial charges | 65/66B | €1,797 | €1,512 | -€285 | -15.9% |
| Recurring financial charges | 65 | €1,797 | €1,512 | -€285 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €5,350 | €15,672 | +€10,322 | +193% |
| Income taxes | 67/77 | €1,347 | €3,378 | +€2,030 | +151% |
| Profit (loss) for the period | 9904 | €4,002 | €12,295 | +€8,292 | +207% |
| Profit (loss) for the period to be appropriated | 9905 | €4,002 | €12,295 | +€8,292 | +207% |
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 23 October 2026 via checked.be.