MDV Espaces Verts: 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 Espaces Verts
Largest movements
- Receivables within one year -€40,924
down €40,924 (-32.5%), from €126,009 to €85,085
of which Trade receivables: -€47,906
- Tangible fixed assets -€37,049
down €37,049 (-23.9%), from €154,886 to €117,837
of which Furniture and vehicles: -€22,543
- Cash +€10,404
up €10,404 (+152%), from €6,859 to €17,263
mainly Receivables within one year (+€40,924) and Depreciation (+€39,727)
- Tax, wage and social debts -€37,560
down €37,560 (-55.8%), from €67,292 to €29,731
of which Remuneration and social security: -€29,535
- Debts after one year -€27,201
down €27,201 (-26.7%), from €102,009 to €74,808
- Trade debts -€5,411
down €5,411 (-18.4%), from €29,415 to €24,005
- Gross operating margin -€20,196
down €20,196 (-19.7%), from €102,305 to €82,110
- Taxes -€4,063
down €4,063 (-68.5%), from €5,934 to €1,871
- Staff costs +€3,758
up €3,758 (+11.4%), from €33,046 to €36,805
- Financial income +€3,172
up €3,172 (+499%), from €635 to €3,807
- Depreciation +€2,889
up €2,889 (+7.8%), from €36,838 to €39,727
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 | €288,227 | €220,227 | -€68,000 | -23.6% |
| Fixed assets | 21/28 | €154,886 | €117,837 | -€37,049 | -23.9% |
| Tangible fixed assets | 22/27 | €154,886 | €117,837 | -€37,049 | -23.9% |
| Plant, machinery and equipment | 23 | €56,734 | €43,485 | -€13,250 | -23.4% |
| Furniture and vehicles | 24 | €96,597 | €74,053 | -€22,543 | -23.3% |
| Leasing and similar rights | 25 | €1,555 | €299 | -€1,255 | -80.8% |
| Current assets | 29/58 | €133,341 | €102,390 | -€30,952 | -23.2% |
| Amounts receivable within one year | 40/41 | €126,009 | €85,085 | -€40,924 | -32.5% |
| Trade receivables | 40 | €109,789 | €61,882 | -€47,906 | -43.6% |
| Other amounts receivable | 41 | €16,221 | €23,203 | +€6,982 | +43.0% |
| Cash at bank and in hand | 54/58 | €6,859 | €17,263 | +€10,404 | +152% |
| Deferred charges and accrued income | 490/1 | €473 | €41 | -€432 | -91.3% |
| Total equity and liabilities | 10/49 | €288,227 | €220,227 | -€68,000 | -23.6% |
| Equity | 10/15 | €61,904 | €64,482 | +€2,578 | +4.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €27,412 | €29,990 | +€2,578 | +9.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,552 | €28,130 | +€2,578 | +10.1% |
| Profit (loss) carried forward | 14 | €22,093 | €22,093 | = | 0.0% |
| Amounts payable | 17/49 | €226,323 | €155,745 | -€70,578 | -31.2% |
| Amounts payable after more than one year | 17 | €102,009 | €74,808 | -€27,201 | -26.7% |
| Financial debts | 170/4 | €102,009 | €74,808 | -€27,201 | -26.7% |
| Amounts payable within one year | 42/48 | €124,314 | €80,937 | -€43,377 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €27,077 | €27,201 | +€124 | +0.5% |
| Trade debts | 44 | €29,415 | €24,005 | -€5,411 | -18.4% |
| Suppliers | 440/4 | €29,415 | €24,005 | -€5,411 | -18.4% |
| Advances received on contracts in progress | 46 | €530 | - | -€530 | |
| Taxes, remuneration and social security | 45 | €67,292 | €29,731 | -€37,560 | -55.8% |
| Taxes | 450/3 | €17,615 | €9,590 | -€8,026 | -45.6% |
| Remuneration and social security | 454/9 | €49,676 | €20,142 | -€29,535 | -59.5% |
| Remuneration, social security and pensions | 62 | €33,046 | €36,805 | +€3,758 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,838 | €39,727 | +€2,889 | +7.8% |
| Other operating charges | 640/8 | €2,739 | €400 | -€2,340 | -85.4% |
| Gross operating margin | 9900 | €102,305 | €82,110 | -€20,196 | -19.7% |
| Operating profit (loss) | 9901 | €29,682 | €5,178 | -€24,504 | -82.6% |
| Financial income | 75/76B | €635 | €3,807 | +€3,172 | +499% |
| Recurring financial income | 75 | €635 | €3,807 | +€3,172 | +499% |
| Financial charges | 65/66B | €5,883 | €4,536 | -€1,347 | -22.9% |
| Recurring financial charges | 65 | €5,883 | €4,536 | -€1,347 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €24,434 | €4,449 | -€19,985 | -81.8% |
| Income taxes | 67/77 | €5,934 | €1,871 | -€4,063 | -68.5% |
| Profit (loss) for the period | 9904 | €18,500 | €2,578 | -€15,922 | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,500 | €2,578 | -€15,922 | -86.1% |
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 20 October 2026 via checked.be.