M.C.S. CONSTRUCTION: 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.
M.C.S. CONSTRUCTION
Largest movements
- Receivables within one year -€33,585
down €33,585 (-7.8%), from €433,139 to €399,554
of which Trade receivables: -€27,992
- Tangible fixed assets -€12,964
down €12,964 (-28.1%), from €46,061 to €33,097
of which Furniture and vehicles: -€12,374
- Cash -€7,081
down €7,081 (-99.3%), from €7,134 to €53
mainly Net result for the year (-€85,165) and Tax, wage and social debts (-€11,889)
- Profit (loss) carried forward -€85,164
down €85,164 (-22.6%), from €376,760 to €291,596
- Trade debts +€37,149
up €37,149 (+60.7%), from €61,175 to €98,324
- Tax, wage and social debts -€11,889
down €11,889 (-65.7%), from €18,088 to €6,199
of which Remuneration and social security: -€9,659
- Turnover -€454,892
no longer reported in 2023 (was €454,892)
- Gross operating margin -€248,243
down €248,243, from €204,858 to -€43,385
- Staff costs -€192,721
down €192,721 (-97.8%), from €197,071 to €4,350
- Other operating charges +€19,778
up €19,778 (+242%), from €8,175 to €27,953
- Taxes -€13,986
down €13,986 (-84.8%), from €16,486 to €2,500
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €491,038 | €432,704 | -€58,334 | -11.9% |
| Fixed assets | 21/28 | €46,061 | €33,097 | -€12,964 | -28.1% |
| Tangible fixed assets | 22/27 | €46,061 | €33,097 | -€12,964 | -28.1% |
| Land and buildings | 22 | €25,083 | €24,493 | -€590 | -2.4% |
| Furniture and vehicles | 24 | €20,978 | €8,604 | -€12,374 | -59.0% |
| Current assets | 29/58 | €444,977 | €399,607 | -€45,370 | -10.2% |
| Amounts receivable within one year | 40/41 | €433,139 | €399,554 | -€33,585 | -7.8% |
| Trade receivables | 40 | €304,822 | €276,830 | -€27,992 | -9.2% |
| Other amounts receivable | 41 | €128,317 | €122,724 | -€5,593 | -4.4% |
| Cash at bank and in hand | 54/58 | €7,134 | €53 | -€7,081 | -99.3% |
| Deferred charges and accrued income | 490/1 | €4,704 | - | -€4,704 | |
| Total equity and liabilities | 10/49 | €491,038 | €432,704 | -€58,334 | -11.9% |
| Equity | 10/15 | €400,177 | €315,012 | -€85,165 | -21.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €23,317 | €23,317 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €23,317 | €23,317 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €23,317 | €23,317 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €376,760 | €291,596 | -€85,164 | -22.6% |
| Amounts payable | 17/49 | €90,861 | €117,691 | +€26,830 | +29.5% |
| Amounts payable within one year | 42/48 | €90,861 | €117,691 | +€26,830 | +29.5% |
| Financial debts | 43 | - | €270 | +€270 | |
| Credit institutions | 430/8 | - | €270 | +€270 | |
| Trade debts | 44 | €61,175 | €98,324 | +€37,149 | +60.7% |
| Suppliers | 440/4 | €61,175 | €98,324 | +€37,149 | +60.7% |
| Taxes, remuneration and social security | 45 | €18,088 | €6,199 | -€11,889 | -65.7% |
| Taxes | 450/3 | €2,239 | €9 | -€2,230 | -99.6% |
| Remuneration and social security | 454/9 | €15,849 | €6,190 | -€9,659 | -60.9% |
| Other amounts payable | 47/48 | €11,598 | €12,899 | +€1,301 | +11.2% |
| Turnover | 70 | €454,892 | - | -€454,892 | |
| Non-recurring operating income | 76A | €8,122 | - | -€8,122 | |
| Remuneration, social security and pensions | 62 | €197,071 | €4,350 | -€192,721 | -97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,577 | €12,964 | -€613 | -4.5% |
| Other operating charges | 640/8 | €8,175 | €27,953 | +€19,778 | +242% |
| Gross operating margin | 9900 | €204,858 | -€43,385 | -€248,243 | |
| Operating profit (loss) | 9901 | -€13,965 | -€88,651 | -€74,686 | -535% |
| Financial income | 75/76B | €1,654 | €6,064 | +€4,410 | +267% |
| Recurring financial income | 75 | €1 | €6,064 | +€6,063 | +606,302% |
| Non-recurring financial income | 76B | €1,653 | - | -€1,653 | |
| Financial charges | 65/66B | €1,158 | €77 | -€1,081 | -93.3% |
| Recurring financial charges | 65 | €158 | €77 | -€81 | -51.2% |
| Non-recurring financial charges | 66B | €1,000 | - | -€1,000 | |
| Profit (loss) for the period before taxes | 9903 | -€13,469 | -€82,665 | -€69,196 | -514% |
| Income taxes | 67/77 | €16,486 | €2,500 | -€13,986 | -84.8% |
| Profit (loss) for the period | 9904 | -€29,955 | -€85,165 | -€55,210 | -184% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,955 | -€85,165 | -€55,210 | -184% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.