MDPSY: what changed
MDPSY
Largest movements
- Cash +€65,194
up €65,194 (+145%), from €45,095 to €110,289
mainly Net result for the year (+€79,927) and Tax, wage and social debts (+€18,040)
- Receivables within one year +€51,409
up €51,409 (+75.1%), from €68,482 to €119,892
- Deferred charges and accrued income -€16,169
no longer reported in 2025 (was €16,169)
- Profit (loss) carried forward +€79,927
up €79,927 (+80.8%), from €98,903 to €178,830
- Tax, wage and social debts +€18,040
up €18,040 (+69.1%), from €26,099 to €44,139
- Trade debts +€2,467
up €2,467 (+141%), from €1,744 to €4,211
- Gross operating margin -€12,124
down €12,124 (-10.8%), from €112,374 to €100,250
- Financial income +€3,120
up €3,120 (+145%), from €2,152 to €5,272
- Taxes -€2,064
down €2,064 (-8.9%), from €23,102 to €21,037
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €129,746 | €230,180 | +€100,434 | +77.4% |
| Current assets | 29/58 | €129,746 | €230,180 | +€100,434 | +77.4% |
| Amounts receivable within one year | 40/41 | €68,482 | €119,892 | +€51,409 | +75.1% |
| Other amounts receivable | 41 | €68,482 | €119,892 | +€51,409 | +75.1% |
| Cash at bank and in hand | 54/58 | €45,095 | €110,289 | +€65,194 | +145% |
| Deferred charges and accrued income | 490/1 | €16,169 | - | -€16,169 | |
| Total equity and liabilities | 10/49 | €129,746 | €230,180 | +€100,434 | +77.4% |
| Equity | 10/15 | €101,903 | €181,830 | +€79,927 | +78.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,903 | €178,830 | +€79,927 | +80.8% |
| Amounts payable | 17/49 | €27,843 | €48,350 | +€20,507 | +73.7% |
| Amounts payable within one year | 42/48 | €27,843 | €48,350 | +€20,507 | +73.7% |
| Trade debts | 44 | €1,744 | €4,211 | +€2,467 | +141% |
| Suppliers | 440/4 | €1,744 | €4,211 | +€2,467 | +141% |
| Taxes, remuneration and social security | 45 | €26,099 | €44,139 | +€18,040 | +69.1% |
| Taxes | 450/3 | €26,099 | €44,139 | +€18,040 | +69.1% |
| Other operating charges | 640/8 | €976 | €1,198 | +€222 | +22.7% |
| Gross operating margin | 9900 | €112,374 | €100,250 | -€12,124 | -10.8% |
| Operating profit (loss) | 9901 | €111,398 | €99,052 | -€12,346 | -11.1% |
| Financial income | 75/76B | €2,152 | €5,272 | +€3,120 | +145% |
| Recurring financial income | 75 | €2,152 | €5,272 | +€3,120 | +145% |
| Financial charges | 65/66B | €3,535 | €3,360 | -€176 | -5.0% |
| Recurring financial charges | 65 | €3,535 | €3,360 | -€176 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €110,014 | €100,965 | -€9,050 | -8.2% |
| Income taxes | 67/77 | €23,102 | €21,037 | -€2,064 | -8.9% |
| Profit (loss) for the period | 9904 | €86,913 | €79,927 | -€6,985 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €86,913 | €79,927 | -€6,985 | -8.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.