MVDK Management: 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.
MVDK Management
Largest movements
- Cash +€138,709
up €138,709 (+53.1%), from €261,202 to €399,911
mainly Net result for the year (+€142,192) and Tax, wage and social debts (+€967)
- Tangible fixed assets +€4,412
new in 2025: €4,412
of which Furniture and vehicles: +€3,050
- Reserves +€142,192
up €142,192 (+55.0%), from €258,594 to €400,786
- Gross operating margin -€2,142
down €2,142 (-1.1%), from €186,595 to €184,453
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 | €262,591 | €405,764 | +€143,173 | +54.5% |
| Fixed assets | 21/28 | - | €4,412 | +€4,412 | |
| Tangible fixed assets | 22/27 | - | €4,412 | +€4,412 | |
| Plant, machinery and equipment | 23 | - | €1,362 | +€1,362 | |
| Furniture and vehicles | 24 | - | €3,050 | +€3,050 | |
| Current assets | 29/58 | €262,591 | €401,352 | +€138,761 | +52.8% |
| Amounts receivable within one year | 40/41 | €0 | €142 | +€142 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €142 | +€142 | |
| Cash at bank and in hand | 54/58 | €261,202 | €399,911 | +€138,709 | +53.1% |
| Deferred charges and accrued income | 490/1 | €1,389 | €1,299 | -€90 | -6.5% |
| Total equity and liabilities | 10/49 | €262,591 | €405,764 | +€143,173 | +54.5% |
| Equity | 10/15 | €261,594 | €403,786 | +€142,192 | +54.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €258,594 | €400,786 | +€142,192 | +55.0% |
| Distributable reserves | 133 | €258,594 | €400,786 | +€142,192 | +55.0% |
| Amounts payable | 17/49 | €997 | €1,979 | +€982 | +98.4% |
| Amounts payable within one year | 42/48 | €997 | €1,979 | +€982 | +98.4% |
| Trade debts | 44 | €402 | €416 | +€14 | +3.6% |
| Suppliers | 440/4 | €402 | €416 | +€14 | +3.6% |
| Taxes, remuneration and social security | 45 | €595 | €1,563 | +€967 | +162.4% |
| Taxes | 450/3 | €595 | €1,563 | +€967 | +162.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €758 | +€758 | |
| Gross operating margin | 9900 | €186,595 | €184,453 | -€2,142 | -1.1% |
| Operating profit (loss) | 9901 | €186,595 | €183,695 | -€2,900 | -1.6% |
| Financial income | 75/76B | €1,101 | €850 | -€251 | -22.8% |
| Recurring financial income | 75 | €1,101 | €850 | -€251 | -22.8% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €187,657 | €184,505 | -€3,152 | -1.7% |
| Income taxes | 67/77 | €43,029 | €42,313 | -€716 | -1.7% |
| Profit (loss) for the period | 9904 | €144,628 | €142,192 | -€2,436 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €144,628 | €142,192 | -€2,436 | -1.7% |
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.