MDS – Imaging: what changed
Two fiscal 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 – Imaging
Largest movements
- Cash +€36,156
up €36,156 (+5497.8%), from €658 to €36,814
mainly Net result for the year (+€26,933) and Receivables within one year (+€10,161)
- Receivables within one year -€10,161
down €10,161 (-48.7%), from €20,856 to €10,695
of which Trade receivables: -€10,600
- Tangible fixed assets -€4,074
down €4,074 (-73.7%), from €5,525 to €1,452
of which Furniture and vehicles: -€4,000
- Stocks and contracts +€3,021
up €3,021 (+18.8%), from €16,096 to €19,117
- Reserves +€18,897
new in 2025: €18,897
- Other debts -€12,621
down €12,621 (-27.1%), from €46,645 to €34,025
- Trade debts +€8,878
up €8,878 (+464.1%), from €1,913 to €10,791
- Profit (loss) carried forward +€8,035
no longer reported in 2025 (was -€8,035)
- Tax, wage and social debts +€1,537
new in 2025: €1,537
- Gross operating margin +€29,457
up €29,457 (+446.3%), from €6,600 to €36,057
- Taxes +€4,537
new in 2025: €4,537
- Depreciation +€685
up €685 (+20.2%), from €3,388 to €4,074
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.
Cash bridge derived
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 | €43,523 | €68,250 | +€24,726 | +56.8% |
| Fixed assets | 21/28 | €5,525 | €1,452 | -€4,074 | -73.7% |
| Tangible fixed assets | 22/27 | €5,525 | €1,452 | -€4,074 | -73.7% |
| Plant, machinery and equipment | 23 | €79 | €6 | -€73 | -92.5% |
| Furniture and vehicles | 24 | €5,446 | €1,446 | -€4,000 | -73.5% |
| Current assets | 29/58 | €37,998 | €66,798 | +€28,800 | +75.8% |
| Stocks and contracts in progress | 3 | €16,096 | €19,117 | +€3,021 | +18.8% |
| Stocks | 30/36 | €16,096 | €19,117 | +€3,021 | +18.8% |
| Amounts receivable within one year | 40/41 | €20,856 | €10,695 | -€10,161 | -48.7% |
| Trade receivables | 40 | €19,550 | €8,950 | -€10,600 | -54.2% |
| Other amounts receivable | 41 | €1,306 | €1,745 | +€439 | +33.6% |
| Cash at bank and in hand | 54/58 | €658 | €36,814 | +€36,156 | +5497.8% |
| Deferred charges and accrued income | 490/1 | €388 | €172 | -€216 | -55.7% |
| Total equity and liabilities | 10/49 | €43,523 | €68,250 | +€24,726 | +56.8% |
| Equity | 10/15 | -€5,035 | €21,897 | +€26,933 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €18,897 | +€18,897 | |
| Distributable reserves | 133 | - | €18,897 | +€18,897 | |
| Profit (loss) carried forward | 14 | -€8,035 | - | +€8,035 | |
| Amounts payable | 17/49 | €48,559 | €46,352 | -€2,206 | -4.5% |
| Amounts payable within one year | 42/48 | €48,559 | €46,352 | -€2,206 | -4.5% |
| Trade debts | 44 | €1,913 | €10,791 | +€8,878 | +464.1% |
| Suppliers | 440/4 | €1,913 | €10,791 | +€8,878 | +464.1% |
| Taxes, remuneration and social security | 45 | - | €1,537 | +€1,537 | |
| Taxes | 450/3 | - | €1,537 | +€1,537 | |
| Other amounts payable | 47/48 | €46,645 | €34,025 | -€12,621 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,388 | €4,074 | +€685 | +20.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €6,600 | €36,057 | +€29,457 | +446.3% |
| Operating profit (loss) | 9901 | €2,824 | €31,584 | +€28,760 | +1018.3% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €81 | €125 | +€44 | +54.0% |
| Recurring financial charges | 65 | €81 | €125 | +€44 | +54.0% |
| Profit (loss) for the period before taxes | 9903 | €2,743 | €31,469 | +€28,726 | +1047.1% |
| Income taxes | 67/77 | - | €4,537 | +€4,537 | |
| Profit (loss) for the period | 9904 | €2,743 | €26,933 | +€24,189 | +881.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,743 | €26,933 | +€24,189 | +881.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.