MDV Consult: 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.
MDV Consult
Largest movements
- Tangible fixed assets +€22,779
up €22,779 (+123.1%), from €18,502 to €41,281
- Receivables within one year +€13,401
up €13,401 (+62.2%), from €21,544 to €34,945
of which Other amounts receivable: +€12,924
- Cash +€7,480
up €7,480 (+39.3%), from €19,052 to €26,532
mainly Net result for the year (+€40,886) and Depreciation (+€6,921)
- Reserves +€40,886
up €40,886 (+77.8%), from €52,584 to €93,470
- Tax, wage and social debts +€2,516
up €2,516 (+54.1%), from €4,653 to €7,169
- Trade debts +€1,377
up €1,377 (+395.7%), from €348 to €1,726
- Gross operating margin -€9,580
down €9,580 (-12.4%), from €77,352 to €67,772
- Depreciation +€5,901
up €5,901 (+578.8%), from €1,020 to €6,921
- Taxes -€2,768
down €2,768 (-12.1%), from €22,921 to €20,153
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 | €59,145 | €103,364 | +€44,219 | +74.8% |
| Fixed assets | 21/28 | €18,502 | €41,281 | +€22,779 | +123.1% |
| Tangible fixed assets | 22/27 | €18,502 | €41,281 | +€22,779 | +123.1% |
| Furniture and vehicles | 24 | €18,502 | €41,281 | +€22,779 | +123.1% |
| Current assets | 29/58 | €40,643 | €62,083 | +€21,440 | +52.8% |
| Amounts receivable within one year | 40/41 | €21,544 | €34,945 | +€13,401 | +62.2% |
| Trade receivables | 40 | €20,017 | €20,494 | +€477 | +2.4% |
| Other amounts receivable | 41 | €1,527 | €14,451 | +€12,924 | +846.5% |
| Cash at bank and in hand | 54/58 | €19,052 | €26,532 | +€7,480 | +39.3% |
| Deferred charges and accrued income | 490/1 | €48 | €607 | +€559 | +1171.1% |
| Total equity and liabilities | 10/49 | €59,145 | €103,364 | +€44,219 | +74.8% |
| Equity | 10/15 | €53,584 | €94,470 | +€40,886 | +76.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Other | 1109/19 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €52,584 | €93,470 | +€40,886 | +77.8% |
| Distributable reserves | 133 | €52,584 | €93,470 | +€40,886 | +77.8% |
| Amounts payable | 17/49 | €5,561 | €8,894 | +€3,333 | +59.9% |
| Amounts payable within one year | 42/48 | €5,561 | €8,894 | +€3,333 | +59.9% |
| Trade debts | 44 | €348 | €1,726 | +€1,377 | +395.7% |
| Suppliers | 440/4 | €348 | €1,726 | +€1,377 | +395.7% |
| Taxes, remuneration and social security | 45 | €4,653 | €7,169 | +€2,516 | +54.1% |
| Taxes | 450/3 | €4,653 | €7,169 | +€2,516 | +54.1% |
| Other amounts payable | 47/48 | €560 | - | -€560 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,020 | €6,921 | +€5,901 | +578.8% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €77,352 | €67,772 | -€9,580 | -12.4% |
| Operating profit (loss) | 9901 | €76,333 | €60,731 | -€15,602 | -20.4% |
| Financial income | 75/76B | €48 | €338 | +€290 | +608.5% |
| Recurring financial income | 75 | €48 | €338 | +€290 | +608.5% |
| Financial charges | 65/66B | €75 | €30 | -€45 | -59.7% |
| Recurring financial charges | 65 | €75 | €30 | -€45 | -59.7% |
| Profit (loss) for the period before taxes | 9903 | €76,305 | €61,039 | -€15,267 | -20.0% |
| Income taxes | 67/77 | €22,921 | €20,153 | -€2,768 | -12.1% |
| Profit (loss) for the period | 9904 | €53,384 | €40,886 | -€12,498 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,384 | €40,886 | -€12,498 | -23.4% |
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 2 October 2026 via checked.be.