MDV Solutions: 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 Solutions
Largest movements
- Receivables within one year -€273
down €273 (-47.6%), from €574 to €301
- Cash +€185
up €185 (+911.1%), from €20 to €205
mainly Other debts (+€1,229) and Receivables within one year (+€273)
- Tangible fixed assets -€160
down €160 (-31.2%), from €512 to €352
- Profit (loss) carried forward -€1,318
down €1,318 (-1.8%), from -€75,090 to -€76,409
- Other debts +€1,229
up €1,229 (+1.9%), from €63,204 to €64,433
- Trade debts -€159
no longer reported in 2025 (was €159)
- Depreciation -€287
down €287 (-64.2%), from €446 to €160
- Gross operating margin +€122
up €122 (+10.4%), from -€1,176 to -€1,054
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 | €1,106 | €858 | -€248 | -22.4% |
| Fixed assets | 21/28 | €512 | €352 | -€160 | -31.2% |
| Tangible fixed assets | 22/27 | €512 | €352 | -€160 | -31.2% |
| Furniture and vehicles | 24 | €512 | €352 | -€160 | -31.2% |
| Current assets | 29/58 | €595 | €506 | -€88 | -14.9% |
| Amounts receivable within one year | 40/41 | €574 | €301 | -€273 | -47.6% |
| Other amounts receivable | 41 | €574 | €301 | -€273 | -47.6% |
| Cash at bank and in hand | 54/58 | €20 | €205 | +€185 | +911.1% |
| Total equity and liabilities | 10/49 | €1,106 | €858 | -€248 | -22.4% |
| Equity | 10/15 | -€62,690 | -€64,009 | -€1,318 | -2.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,090 | -€76,409 | -€1,318 | -1.8% |
| Amounts payable | 17/49 | €63,796 | €64,867 | +€1,070 | +1.7% |
| Amounts payable within one year | 42/48 | €63,796 | €64,867 | +€1,070 | +1.7% |
| Trade debts | 44 | €159 | - | -€159 | |
| Suppliers | 440/4 | €159 | - | -€159 | |
| Taxes, remuneration and social security | 45 | €434 | €434 | = | 0.0% |
| Taxes | 450/3 | €434 | €434 | = | 0.0% |
| Other amounts payable | 47/48 | €63,204 | €64,433 | +€1,229 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €446 | €160 | -€287 | -64.2% |
| Gross operating margin | 9900 | -€1,176 | -€1,054 | +€122 | +10.4% |
| Operating profit (loss) | 9901 | -€1,623 | -€1,214 | +€409 | +25.2% |
| Financial charges | 65/66B | €104 | €104 | = | 0.0% |
| Recurring financial charges | 65 | €104 | €104 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,727 | -€1,318 | +€409 | +23.7% |
| Profit (loss) for the period | 9904 | -€1,727 | -€1,318 | +€409 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,727 | -€1,318 | +€409 | +23.7% |
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 7 October 2026 via checked.be.