MDV Architectes: 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.
MDV Architectes
Largest movements
- Receivables within one year -€51,728
down €51,728 (-72.7%), from €71,106 to €19,379
of which Other amounts receivable: -€41,504
- Cash +€10,328
up €10,328 (+26.6%), from €38,851 to €49,179
mainly Receivables within one year (+€51,728) and Net result for the year (+€41,005)
- Tangible fixed assets -€4,432
down €4,432 (-27.2%), from €16,277 to €11,845
of which Furniture and vehicles: -€3,012
- Reserves -€56,895
down €56,895 (-58.1%), from €97,950 to €41,055
- Other debts +€9,790
new in 2025: €9,790
- Tax, wage and social debts +€6,269
up €6,269 (+171%), from €3,667 to €9,937
- Current portion of long-term debt -€3,629
no longer reported in 2025 (was €3,629)
- Trade debts -€1,367
down €1,367 (-55.0%), from €2,485 to €1,118
- Gross operating margin -€24,609
down €24,609 (-27.7%), from €88,687 to €64,078
- Taxes -€4,561
down €4,561 (-25.6%), from €17,829 to €13,267
- Depreciation -€3,615
down €3,615 (-34.6%), from €10,448 to €6,832
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 | €126,331 | €80,499 | -€45,832 | -36.3% |
| Fixed assets | 21/28 | €16,373 | €11,941 | -€4,432 | -27.1% |
| Tangible fixed assets | 22/27 | €16,277 | €11,845 | -€4,432 | -27.2% |
| Plant, machinery and equipment | 23 | €335 | €97 | -€237 | -70.9% |
| Furniture and vehicles | 24 | €7,322 | €4,310 | -€3,012 | -41.1% |
| Other tangible fixed assets | 26 | €8,621 | €7,437 | -€1,183 | -13.7% |
| Financial fixed assets | 28 | €96 | €96 | = | 0.0% |
| Current assets | 29/58 | €109,957 | €68,558 | -€41,399 | -37.7% |
| Amounts receivable within one year | 40/41 | €71,106 | €19,379 | -€51,728 | -72.7% |
| Trade receivables | 40 | €27,870 | €17,646 | -€10,224 | -36.7% |
| Other amounts receivable | 41 | €43,237 | €1,733 | -€41,504 | -96.0% |
| Cash at bank and in hand | 54/58 | €38,851 | €49,179 | +€10,328 | +26.6% |
| Total equity and liabilities | 10/49 | €126,331 | €80,499 | -€45,832 | -36.3% |
| Equity | 10/15 | €116,550 | €59,655 | -€56,895 | -48.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,950 | €41,055 | -€56,895 | -58.1% |
| Distributable reserves | 133 | €97,950 | €41,055 | -€56,895 | -58.1% |
| Amounts payable | 17/49 | €9,781 | €20,844 | +€11,063 | +113% |
| Amounts payable within one year | 42/48 | €9,781 | €20,844 | +€11,063 | +113% |
| Current portion of amounts payable after more than one year | 42 | €3,629 | - | -€3,629 | |
| Trade debts | 44 | €2,485 | €1,118 | -€1,367 | -55.0% |
| Suppliers | 440/4 | €2,485 | €1,118 | -€1,367 | -55.0% |
| Taxes, remuneration and social security | 45 | €3,667 | €9,937 | +€6,269 | +171% |
| Taxes | 450/3 | €3,667 | €9,937 | +€6,269 | +171% |
| Other amounts payable | 47/48 | - | €9,790 | +€9,790 | |
| Non-recurring operating income | 76A | €3,636 | - | -€3,636 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,448 | €6,832 | -€3,615 | -34.6% |
| Other operating charges | 640/8 | €1,814 | €1,185 | -€629 | -34.7% |
| Gross operating margin | 9900 | €88,687 | €64,078 | -€24,609 | -27.7% |
| Operating profit (loss) | 9901 | €76,425 | €56,060 | -€20,364 | -26.6% |
| Financial income | 75/76B | €3 | €1 | -€2 | -83.0% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -83.0% |
| Financial charges | 65/66B | €1,321 | €1,789 | +€467 | +35.4% |
| Recurring financial charges | 65 | €1,321 | €1,789 | +€467 | +35.4% |
| Profit (loss) for the period before taxes | 9903 | €75,107 | €54,272 | -€20,834 | -27.7% |
| Income taxes | 67/77 | €17,829 | €13,267 | -€4,561 | -25.6% |
| Profit (loss) for the period | 9904 | €57,278 | €41,005 | -€16,273 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €57,278 | €41,005 | -€16,273 | -28.4% |
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 13 October 2026 via checked.be.