MDTP: 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.
MDTP
Largest movements
- Cash -€33,572
down €33,572 (-88.3%), from €38,028 to €4,456
mainly Receivables within one year (-€27,503) and Other debts (-€9,030)
- Receivables within one year +€27,503
up €27,503 (+1050.7%), from €2,617 to €30,120
- Tangible fixed assets -€2,224
down €2,224 (-90.3%), from €2,464 to €240
of which Land and buildings: -€1,770
- Other debts -€9,030
down €9,030 (-72.2%), from €12,500 to €3,470
- Trade debts +€5,087
up €5,087 (+3116.9%), from €163 to €5,250
- Tax, wage and social debts -€4,317
down €4,317 (-48.0%), from €8,992 to €4,675
- Gross operating margin -€14,608
down €14,608 (-64.9%), from €22,492 to €7,884
- Taxes -€3,361
down €3,361 (-67.4%), from €4,986 to €1,626
- Depreciation -€651
down €651 (-22.6%), from €2,876 to €2,224
- Financial charges -€293
down €293 (-68.3%), from €429 to €136
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 | €43,109 | €34,849 | -€8,260 | -19.2% |
| Fixed assets | 21/28 | €2,464 | €240 | -€2,224 | -90.3% |
| Tangible fixed assets | 22/27 | €2,464 | €240 | -€2,224 | -90.3% |
| Land and buildings | 22 | €2,010 | €240 | -€1,770 | -88.1% |
| Furniture and vehicles | 24 | €454 | - | -€454 | |
| Current assets | 29/58 | €40,645 | €34,609 | -€6,036 | -14.8% |
| Amounts receivable within one year | 40/41 | €2,617 | €30,120 | +€27,503 | +1050.7% |
| Trade receivables | 40 | €2,617 | €30,120 | +€27,503 | +1050.7% |
| Cash at bank and in hand | 54/58 | €38,028 | €4,456 | -€33,572 | -88.3% |
| Deferred charges and accrued income | 490/1 | - | €33 | +€33 | |
| Total equity and liabilities | 10/49 | €43,109 | €34,849 | -€8,260 | -19.2% |
| Equity | 10/15 | €21,454 | €21,454 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €2,904 | €2,904 | = | 0.0% |
| Distributable reserves | 133 | €2,904 | €2,904 | = | 0.0% |
| Amounts payable | 17/49 | €21,656 | €13,395 | -€8,260 | -38.1% |
| Amounts payable within one year | 42/48 | €21,656 | €13,395 | -€8,260 | -38.1% |
| Trade debts | 44 | €163 | €5,250 | +€5,087 | +3116.9% |
| Suppliers | 440/4 | €163 | €5,250 | +€5,087 | +3116.9% |
| Taxes, remuneration and social security | 45 | €8,992 | €4,675 | -€4,317 | -48.0% |
| Taxes | 450/3 | €8,992 | €4,675 | -€4,317 | -48.0% |
| Other amounts payable | 47/48 | €12,500 | €3,470 | -€9,030 | -72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,876 | €2,224 | -€651 | -22.6% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €22,492 | €7,884 | -€14,608 | -64.9% |
| Operating profit (loss) | 9901 | €19,167 | €5,198 | -€13,969 | -72.9% |
| Financial income | 75/76B | - | €33 | +€33 | |
| Recurring financial income | 75 | - | €33 | +€33 | |
| Financial charges | 65/66B | €429 | €136 | -€293 | -68.3% |
| Recurring financial charges | 65 | €429 | €136 | -€293 | -68.3% |
| Profit (loss) for the period before taxes | 9903 | €18,738 | €5,096 | -€13,642 | -72.8% |
| Income taxes | 67/77 | €4,986 | €1,626 | -€3,361 | -67.4% |
| Profit (loss) for the period | 9904 | €13,752 | €3,470 | -€10,282 | -74.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,752 | €3,470 | -€10,282 | -74.8% |
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 29 September 2026 via checked.be.