MDS 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.
MDS CONSULTING
Largest movements
- Cash +€354,063
up €354,063 (+197%), from €179,482 to €533,544
mainly Current investments (+€300,000) and Net result for the year (+€61,716)
- Current investments -€300,000
no longer reported in 2025 (was €300,000)
- Tangible fixed assets -€39,110
down €39,110 (-10.0%), from €389,935 to €350,825
of which Furniture and vehicles: -€22,422
- Reserves +€11,716
up €11,716 (+1.4%), from €829,163 to €840,879
- Gross operating margin -€98,806
down €98,806 (-43.5%), from €226,953 to €128,146
- Purchases and services +€37,826
new in 2025: €37,826
- Taxes -€33,360
down €33,360 (-51.6%), from €64,604 to €31,244
- Financial income +€7,535
up €7,535 (+476%), from €1,583 to €9,118
- Depreciation +€7,438
up €7,438 (+22.4%), from €33,200 to €40,638
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 | €892,737 | €899,986 | +€7,248 | +0.8% |
| Fixed assets | 21/28 | €389,935 | €350,825 | -€39,110 | -10.0% |
| Tangible fixed assets | 22/27 | €389,935 | €350,825 | -€39,110 | -10.0% |
| Land and buildings | 22 | €264,892 | €252,833 | -€12,059 | -4.6% |
| Plant, machinery and equipment | 23 | €4,522 | €4,610 | +€88 | +1.9% |
| Furniture and vehicles | 24 | €100,017 | €77,595 | -€22,422 | -22.4% |
| Other tangible fixed assets | 26 | €20,504 | €15,787 | -€4,718 | -23.0% |
| Current assets | 29/58 | €502,802 | €549,160 | +€46,358 | +9.2% |
| Amounts receivable within one year | 40/41 | €20,888 | €12,866 | -€8,022 | -38.4% |
| Trade receivables | 40 | €20,888 | €11,398 | -€9,490 | -45.4% |
| Other amounts receivable | 41 | - | €1,468 | +€1,468 | |
| Current investments | 50/53 | €300,000 | - | -€300,000 | |
| Cash at bank and in hand | 54/58 | €179,482 | €533,544 | +€354,063 | +197% |
| Deferred charges and accrued income | 490/1 | €2,432 | €2,750 | +€318 | +13.1% |
| Total equity and liabilities | 10/49 | €892,737 | €899,986 | +€7,248 | +0.8% |
| Equity | 10/15 | €829,163 | €840,879 | +€11,716 | +1.4% |
| Reserves | 13 | €829,163 | €840,879 | +€11,716 | +1.4% |
| Distributable reserves | 133 | €829,163 | €840,879 | +€11,716 | +1.4% |
| Amounts payable | 17/49 | €63,574 | €59,106 | -€4,468 | -7.0% |
| Amounts payable after more than one year | 17 | €20,933 | €13,000 | -€7,933 | -37.9% |
| Financial debts | 170/4 | €17,333 | €13,000 | -€4,333 | -25.0% |
| Other amounts payable | 178/9 | €3,600 | - | -€3,600 | |
| Amounts payable within one year | 42/48 | €42,641 | €46,106 | +€3,466 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €4,333 | €4,333 | = | 0.0% |
| Trade debts | 44 | €776 | €3,382 | +€2,606 | +336% |
| Suppliers | 440/4 | €776 | €3,382 | +€2,606 | +336% |
| Taxes, remuneration and social security | 45 | €30,649 | €30,219 | -€430 | -1.4% |
| Taxes | 450/3 | €30,649 | €30,219 | -€430 | -1.4% |
| Other amounts payable | 47/48 | €6,882 | €8,172 | +€1,289 | +18.7% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €37,826 | +€37,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,200 | €40,638 | +€7,438 | +22.4% |
| Other operating charges | 640/8 | €2,877 | €3,020 | +€144 | +5.0% |
| Non-recurring operating charges | 66A | €633 | - | -€633 | |
| Gross operating margin | 9900 | €226,953 | €128,146 | -€98,806 | -43.5% |
| Operating profit (loss) | 9901 | €190,243 | €84,488 | -€105,755 | -55.6% |
| Financial income | 75/76B | €1,583 | €9,118 | +€7,535 | +476% |
| Recurring financial income | 75 | €1,583 | €9,118 | +€7,535 | +476% |
| Financial charges | 65/66B | €193 | €646 | +€452 | +234% |
| Recurring financial charges | 65 | €193 | €646 | +€452 | +234% |
| Profit (loss) for the period before taxes | 9903 | €191,633 | €92,960 | -€98,673 | -51.5% |
| Income taxes | 67/77 | €64,604 | €31,244 | -€33,360 | -51.6% |
| Profit (loss) for the period | 9904 | €127,029 | €61,716 | -€65,313 | -51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €127,029 | €61,716 | -€65,313 | -51.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.