MVDL Consulting: 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.
MVDL Consulting
Largest movements
- Cash +€86,460
up €86,460 (+174%), from €49,653 to €136,113
mainly Net result for the year (+€69,999) and Other debts (+€58,187)
- Receivables within one year +€72,122
up €72,122 (+97.7%), from €73,823 to €145,945
of which Trade receivables: +€71,439
- Tangible fixed assets -€5,235
down €5,235 (-90.3%), from €5,798 to €563
- Profit (loss) carried forward +€69,166
up €69,166 (+94.6%), from €73,121 to €142,287
- Other debts +€58,187
up €58,187 (+146%), from €39,963 to €98,150
- Tax, wage and social debts +€23,566
up €23,566 (+164%), from €14,344 to €37,910
- Trade debts +€3,990
up €3,990 (+220%), from €1,812 to €5,802
- Gross operating margin +€71,232
up €71,232 (+91.9%), from €77,481 to €148,713
- Financial charges +€41,932
up €41,932 (+357%), from €11,738 to €53,670
- Taxes +€6,222
up €6,222 (+48.3%), from €12,873 to €19,094
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 | €133,512 | €288,536 | +€155,024 | +116% |
| Fixed assets | 21/28 | €5,798 | €2,228 | -€3,570 | -61.6% |
| Tangible fixed assets | 22/27 | €5,798 | €563 | -€5,235 | -90.3% |
| Furniture and vehicles | 24 | €5,798 | €563 | -€5,235 | -90.3% |
| Financial fixed assets | 28 | - | €1,665 | +€1,665 | |
| Current assets | 29/58 | €127,714 | €286,308 | +€158,594 | +124% |
| Amounts receivable within one year | 40/41 | €73,823 | €145,945 | +€72,122 | +97.7% |
| Trade receivables | 40 | €72,600 | €144,039 | +€71,439 | +98.4% |
| Other amounts receivable | 41 | €1,223 | €1,906 | +€683 | +55.8% |
| Cash at bank and in hand | 54/58 | €49,653 | €136,113 | +€86,460 | +174% |
| Deferred charges and accrued income | 490/1 | €4,238 | €4,249 | +€12 | +0.3% |
| Total equity and liabilities | 10/49 | €133,512 | €288,536 | +€155,024 | +116% |
| Equity | 10/15 | €75,121 | €144,287 | +€69,166 | +92.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,121 | €142,287 | +€69,166 | +94.6% |
| Amounts payable | 17/49 | €58,390 | €144,248 | +€85,858 | +147% |
| Amounts payable after more than one year | 17 | - | €1,665 | +€1,665 | |
| Other amounts payable | 178/9 | - | €1,665 | +€1,665 | |
| Amounts payable within one year | 42/48 | €57,493 | €141,862 | +€84,369 | +147% |
| Financial debts | 43 | €1,375 | - | -€1,375 | |
| Credit institutions | 430/8 | €1,375 | - | -€1,375 | |
| Trade debts | 44 | €1,812 | €5,802 | +€3,990 | +220% |
| Suppliers | 440/4 | €1,812 | €5,802 | +€3,990 | +220% |
| Taxes, remuneration and social security | 45 | €14,344 | €37,910 | +€23,566 | +164% |
| Taxes | 450/3 | €14,344 | €37,910 | +€23,566 | +164% |
| Other amounts payable | 47/48 | €39,963 | €98,150 | +€58,187 | +146% |
| Accrued charges and deferred income | 492/3 | €897 | €721 | -€176 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,285 | €5,235 | -€1,050 | -16.7% |
| Other operating charges | 640/8 | €693 | €714 | +€21 | +3.0% |
| Gross operating margin | 9900 | €77,481 | €148,713 | +€71,232 | +91.9% |
| Operating profit (loss) | 9901 | €70,503 | €142,764 | +€72,260 | +102% |
| Financial charges | 65/66B | €11,738 | €53,670 | +€41,932 | +357% |
| Recurring financial charges | 65 | €11,738 | €53,670 | +€41,932 | +357% |
| Profit (loss) for the period before taxes | 9903 | €58,765 | €89,093 | +€30,328 | +51.6% |
| Income taxes | 67/77 | €12,873 | €19,094 | +€6,222 | +48.3% |
| Profit (loss) for the period | 9904 | €45,892 | €69,999 | +€24,107 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,892 | €69,999 | +€24,107 | +52.5% |
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 19 October 2026 via checked.be.