MDSSOFT: 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.
What changed
MDSSOFT
NACE 64.999, Other financial services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€207,205
2024 · €220,912-€13,707
Equity
€773,906
2024 · €756,113+€17,793
Cash
€310,535
2024 · €265,489+€45,046
Balance sheet total
€996,155
2024 · €905,335+€90,820
Largest movements
Assets
- Cash +€45,046
up €45,046 (+17.0%), from €265,489 to €310,535
mainly Net result for the year (+€207,205) and Other debts (+€83,623)
- Current investments +€27,861
up €27,861 (+10.0%), from €279,235 to €307,097
- Receivables after one year +€24,019
new in 2025: €24,019
Equity and liabilities
- Other debts +€83,623
up €83,623 (+74.0%), from €113,003 to €196,626
- Reserves +€16,792
up €16,792 (+2.4%), from €692,180 to €708,972
- Debts after one year -€14,460
down €14,460 (-100%), from €14,460 to €0
Income statement
- Depreciation +€20,363
up €20,363 (+71.9%), from €28,322 to €48,685
- Gross operating margin -€9,994
down €9,994 (-2.8%), from €355,554 to €345,560
- Taxes -€4,397
down €4,397 (-4.6%), from €95,306 to €90,909
- Financial charges +€3,842
up €3,842, from -€2,509 to €1,333
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.
Result 2024
€220,912
Gross operating margin
-€9,994
Depreciation
-€20,363
Other operating charges
-€1,255
Other operating items
+€14,652
Financial income
+€2,697
Financial charges
-€3,842
Taxes
+€4,397
Result 2025
€207,205
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€327,883
Investment
-€76,971
Financing
-€205,867
Cash 2024
€265,489
From operations (derived)
+€327,883
Net result for the year
+€207,205
Depreciation
+€48,685
Receivables after one year
-€24,019
Receivables within one year
-€563
Deferred charges and accrued income
+€7,094
Trade debts
+€913
Tax, wage and social debts
+€4,820
Other debts
+€83,623
Accrued charges and deferred income
+€126
Investment (derived)
-€76,971
Investment in fixed assets (net)
-€49,109
Current investments
-€27,861
Financing
-€205,867
Debts after one year
-€14,460
Current portion of long-term debt
-€2,143
Short-term financial debts
+€147
Contributions, distributions and other
-€189,412
Cash 2025
€310,535
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €905,335 | €996,155 | +€90,820 | +10.0% |
| Fixed assets | 21/28 | €310,022 | €310,447 | +€424 | +0.1% |
| Tangible fixed assets | 22/27 | €310,022 | €310,447 | +€424 | +0.1% |
| Land and buildings | 22 | €211,192 | €192,982 | -€18,209 | -8.6% |
| Furniture and vehicles | 24 | €98,208 | €112,435 | +€14,227 | +14.5% |
| Other tangible fixed assets | 26 | €623 | €5,030 | +€4,407 | +707% |
| Current assets | 29/58 | €595,312 | €685,708 | +€90,396 | +15.2% |
| Amounts receivable after more than one year | 29 | - | €24,019 | +€24,019 | |
| Other amounts receivable | 291 | - | €24,019 | +€24,019 | |
| Stocks and contracts in progress | 3 | €13,355 | €13,355 | = | 0.0% |
| Stocks | 30/36 | €13,355 | €13,355 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,557 | €24,120 | +€563 | +2.4% |
| Trade receivables | 40 | €11,606 | €10 | -€11,596 | -99.9% |
| Other amounts receivable | 41 | €11,950 | €24,110 | +€12,160 | +102% |
| Current investments | 50/53 | €279,235 | €307,097 | +€27,861 | +10.0% |
| Cash at bank and in hand | 54/58 | €265,489 | €310,535 | +€45,046 | +17.0% |
| Deferred charges and accrued income | 490/1 | €13,676 | €6,582 | -€7,094 | -51.9% |
| Total equity and liabilities | 10/49 | €905,335 | €996,155 | +€90,820 | +10.0% |
| Equity | 10/15 | €756,113 | €773,906 | +€17,793 | +2.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €692,180 | €708,972 | +€16,792 | +2.4% |
| Distributable reserves | 133 | €692,180 | €708,972 | +€16,792 | +2.4% |
| Profit (loss) carried forward | 14 | €51,533 | €52,534 | +€1,001 | +1.9% |
| Amounts payable | 17/49 | €149,222 | €222,249 | +€73,027 | +48.9% |
| Amounts payable after more than one year | 17 | €14,460 | €0 | -€14,460 | -100% |
| Financial debts | 170/4 | €14,460 | €0 | -€14,460 | -100% |
| Amounts payable within one year | 42/48 | €134,471 | €221,832 | +€87,361 | +65.0% |
| Current portion of amounts payable after more than one year | 42 | €16,603 | €14,460 | -€2,143 | -12.9% |
| Financial debts | 43 | €117 | €264 | +€147 | +126% |
| Credit institutions | 430/8 | €117 | €264 | +€147 | +126% |
| Trade debts | 44 | €304 | €1,217 | +€913 | +300% |
| Suppliers | 440/4 | €304 | €1,217 | +€913 | +300% |
| Taxes, remuneration and social security | 45 | €4,445 | €9,265 | +€4,820 | +108% |
| Taxes | 450/3 | €4,445 | €9,265 | +€4,820 | +108% |
| Other amounts payable | 47/48 | €113,003 | €196,626 | +€83,623 | +74.0% |
| Accrued charges and deferred income | 492/3 | €291 | €417 | +€126 | +43.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,322 | €48,685 | +€20,363 | +71.9% |
| Other operating charges | 640/8 | €2,229 | €3,484 | +€1,255 | +56.3% |
| Non-recurring operating charges | 66A | €14,973 | €321 | -€14,652 | -97.9% |
| Gross operating margin | 9900 | €355,554 | €345,560 | -€9,994 | -2.8% |
| Operating profit (loss) | 9901 | €310,030 | €293,070 | -€16,960 | -5.5% |
| Financial income | 75/76B | €3,679 | €6,376 | +€2,697 | +73.3% |
| Recurring financial income | 75 | €3,679 | €6,376 | +€2,697 | +73.3% |
| Financial charges | 65/66B | -€2,509 | €1,333 | +€3,842 | |
| Recurring financial charges | 65 | -€2,509 | €1,333 | +€3,842 | |
| Profit (loss) for the period before taxes | 9903 | €316,218 | €298,114 | -€18,104 | -5.7% |
| Income taxes | 67/77 | €95,306 | €90,909 | -€4,397 | -4.6% |
| Profit (loss) for the period | 9904 | €220,912 | €207,205 | -€13,707 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €220,912 | €207,205 | -€13,707 | -6.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.