MPD AQUATIC: 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.
What changed
MPD AQUATIC
NACE 81.300, Landscape service activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€4,721
2024 · -€5,766+€1,045
Equity
€366,274
2024 · €370,996-€4,721
Cash
€4,868
2024 · €12,572-€7,704
Balance sheet total
€662,491
2024 · €693,950-€31,459
Largest movements
Assets
- Tangible fixed assets -€19,893
down €19,893 (-4.1%), from €488,159 to €468,266
of which Leasing and similar rights: -€17,865
- Cash -€7,704
down €7,704 (-61.3%), from €12,572 to €4,868
mainly Trade debts (-€17,731) and Debts after one year (-€6,000)
Equity and liabilities
- Trade debts -€17,731
down €17,731 (-59.2%), from €29,963 to €12,232
Income statement
- Gross operating margin +€18,940
up €18,940 (+66.1%), from €28,666 to €47,605
- Staff costs +€9,456
up €9,456 (+89.9%), from €10,515 to €19,971
- Depreciation +€8,679
up €8,679 (+66.6%), from €13,029 to €21,708
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.
Result 2024
-€5,766
Gross operating margin
+€18,940
Staff costs
-€9,456
Depreciation
-€8,679
Other operating charges
+€145
Financial income
+€0
Financial charges
+€95
Result 2025
-€4,721
raises the resultlowers the result
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.
From operations
-€912
Investment
-€1,815
Financing
-€4,978
Cash 2024
€12,572
From operations (derived)
-€912
Net result for the year
-€4,721
Depreciation
+€21,708
Stocks and contracts
-€3,102
Receivables within one year
+€4,566
Deferred charges and accrued income
+€2,398
Trade debts
-€17,731
Tax, wage and social debts
-€4,029
Investment (derived)
-€1,815
Investment in fixed assets (net)
-€1,815
Financing
-€4,978
Debts after one year
-€6,000
Current portion of long-term debt
+€1,022
Cash 2025
€4,868
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €693,950 | €662,491 | -€31,459 | -4.5% |
| Fixed assets | 21/28 | €488,159 | €468,266 | -€19,893 | -4.1% |
| Tangible fixed assets | 22/27 | €488,159 | €468,266 | -€19,893 | -4.1% |
| Land and buildings | 22 | €400,336 | €398,865 | -€1,471 | -0.4% |
| Plant, machinery and equipment | 23 | €2,855 | €2,102 | -€753 | -26.4% |
| Furniture and vehicles | 24 | €4,493 | €4,689 | +€196 | +4.4% |
| Leasing and similar rights | 25 | €80,475 | €62,610 | -€17,865 | -22.2% |
| Current assets | 29/58 | €205,791 | €194,225 | -€11,566 | -5.6% |
| Stocks and contracts in progress | 3 | €167,933 | €171,036 | +€3,102 | +1.8% |
| Stocks | 30/36 | €167,933 | €171,036 | +€3,102 | +1.8% |
| Amounts receivable within one year | 40/41 | €22,538 | €17,972 | -€4,566 | -20.3% |
| Trade receivables | 40 | €22,076 | €15,472 | -€6,605 | -29.9% |
| Other amounts receivable | 41 | €462 | €2,500 | +€2,038 | +442% |
| Cash at bank and in hand | 54/58 | €12,572 | €4,868 | -€7,704 | -61.3% |
| Deferred charges and accrued income | 490/1 | €2,748 | €350 | -€2,398 | -87.3% |
| Total equity and liabilities | 10/49 | €693,950 | €662,491 | -€31,459 | -4.5% |
| Equity | 10/15 | €370,996 | €366,274 | -€4,721 | -1.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €333,250 | €333,250 | = | 0.0% |
| Reserves | 13 | €19,154 | €14,432 | -€4,721 | -24.6% |
| Distributable reserves | 133 | €19,154 | €14,432 | -€4,721 | -24.6% |
| Amounts payable | 17/49 | €322,954 | €296,216 | -€26,738 | -8.3% |
| Amounts payable after more than one year | 17 | €220,331 | €214,331 | -€6,000 | -2.7% |
| Financial debts | 170/4 | €77,892 | €49,212 | -€28,680 | -36.8% |
| Other amounts payable | 178/9 | €142,439 | €165,119 | +€22,680 | +15.9% |
| Amounts payable within one year | 42/48 | €102,623 | €81,885 | -€20,738 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €27,657 | €28,680 | +€1,022 | +3.7% |
| Financial debts | 43 | €38,000 | €38,000 | = | 0.0% |
| Credit institutions | 430/8 | €38,000 | €38,000 | = | 0.0% |
| Trade debts | 44 | €29,963 | €12,232 | -€17,731 | -59.2% |
| Suppliers | 440/4 | €29,963 | €12,232 | -€17,731 | -59.2% |
| Taxes, remuneration and social security | 45 | €7,002 | €2,973 | -€4,029 | -57.5% |
| Taxes | 450/3 | €4,780 | €1,171 | -€3,609 | -75.5% |
| Remuneration and social security | 454/9 | €2,222 | €1,802 | -€420 | -18.9% |
| Remuneration, social security and pensions | 62 | €10,515 | €19,971 | +€9,456 | +89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,029 | €21,708 | +€8,679 | +66.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,711 | €3,566 | -€145 | -3.9% |
| Gross operating margin | 9900 | €28,666 | €47,605 | +€18,940 | +66.1% |
| Operating profit (loss) | 9901 | €1,411 | €2,360 | +€949 | +67.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €7,177 | €7,082 | -€95 | -1.3% |
| Recurring financial charges | 65 | €7,177 | €7,082 | -€95 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,766 | -€4,721 | +€1,045 | +18.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€5,766 | -€4,721 | +€1,045 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,766 | -€4,721 | +€1,045 | +18.1% |
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 14 October 2026 via checked.be.