M.C.S. PARTNERS: what changed
What changed
M.C.S. PARTNERS
NACE 82.100, Office administrative and support services
filed annual accounts (NBB)
Net result for the year
€28,297
2023 · €4,166+€24,130
Equity
€311,583
2023 · €283,286+€28,297
Cash
€175
2023 · €33,100-€32,926
Balance sheet total
€349,545
2023 · €434,010-€84,465
Largest movements
Assets
- Tangible fixed assets -€38,599
down €38,599 (-16.1%), from €239,437 to €200,838
of which Land and buildings: -€35,667
- Cash -€32,926
down €32,926 (-99.5%), from €33,100 to €175
mainly Trade debts (-€61,156) and Debts after one year (-€48,567)
- Receivables after one year -€25,394
down €25,394 (-42.3%), from €60,000 to €34,606
- Receivables within one year +€11,088
up €11,088 (+11.0%), from €101,101 to €112,189
of which Other amounts receivable: +€15,856
Equity and liabilities
- Trade debts -€61,156
no longer reported in 2024 (was €61,156)
- Debts after one year -€48,567
no longer reported in 2024 (was €48,567)
- Other debts -€29,471
no longer reported in 2024 (was €29,471)
- Profit (loss) carried forward +€28,297
up €28,297 (+17.4%), from €162,786 to €191,083
- Current portion of long-term debt +€17,557
new in 2024: €17,557
Income statement
- Turnover -€692,949
no longer reported in 2024 (was €692,949)
- Purchases and services -€627,924
no longer reported in 2024 (was €627,924)
- Gross operating margin +€43,122
up €43,122 (+56.0%), from €77,025 to €120,147
- Staff costs +€16,451
up €16,451 (+47.4%), from €34,713 to €51,164
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€4,166
Gross operating margin
+€43,122
Staff costs
-€16,451
Other operating charges
+€3,153
Financial income
-€3,858
Financial charges
+€50
Taxes
-€1,886
Result 2024
€28,297
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1,916
Investment
€0
Financing
-€31,009
Cash 2023
€33,100
From operations (derived)
-€1,916
Net result for the year
+€28,297
Depreciation
+€38,599
Receivables after one year
+€25,394
Receivables within one year
-€11,088
Deferred charges and accrued income
-€1,365
Trade debts
-€61,156
Tax, wage and social debts
+€8,876
Other debts
-€29,471
Financing
-€31,009
Debts after one year
-€48,567
Current portion of long-term debt
+€17,557
Cash 2024
€175
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €434,010 | €349,545 | -€84,465 | -19.5% |
| Fixed assets | 21/28 | €239,809 | €201,210 | -€38,599 | -16.1% |
| Tangible fixed assets | 22/27 | €239,437 | €200,838 | -€38,599 | -16.1% |
| Land and buildings | 22 | €230,242 | €194,575 | -€35,667 | -15.5% |
| Plant, machinery and equipment | 23 | €2,932 | €0 | -€2,932 | -100% |
| Furniture and vehicles | 24 | €6,263 | €6,263 | = | 0.0% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €194,201 | €148,336 | -€45,866 | -23.6% |
| Amounts receivable after more than one year | 29 | €60,000 | €34,606 | -€25,394 | -42.3% |
| Other amounts receivable | 291 | €60,000 | €34,606 | -€25,394 | -42.3% |
| Amounts receivable within one year | 40/41 | €101,101 | €112,189 | +€11,088 | +11.0% |
| Trade receivables | 40 | €94,694 | €89,926 | -€4,768 | -5.0% |
| Other amounts receivable | 41 | €6,407 | €22,263 | +€15,856 | +247% |
| Cash at bank and in hand | 54/58 | €33,100 | €175 | -€32,926 | -99.5% |
| Deferred charges and accrued income | 490/1 | - | €1,365 | +€1,365 | |
| Total equity and liabilities | 10/49 | €434,010 | €349,545 | -€84,465 | -19.5% |
| Equity | 10/15 | €283,286 | €311,583 | +€28,297 | +10.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €19,000 | - | -€19,000 | |
| Uncalled capital | 101 | €12,800 | - | -€12,800 | |
| Reserves | 13 | €114,300 | €114,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Legal reserve | 130 | €1,900 | - | -€1,900 | |
| Reserves not available under the articles | 1311 | - | €1,900 | +€1,900 | |
| Tax-exempt reserves | 132 | €112,400 | €112,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €162,786 | €191,083 | +€28,297 | +17.4% |
| Amounts payable | 17/49 | €150,724 | €37,962 | -€112,761 | -74.8% |
| Amounts payable after more than one year | 17 | €48,567 | - | -€48,567 | |
| Financial debts | 170/4 | €48,567 | - | -€48,567 | |
| Amounts payable within one year | 42/48 | €102,157 | €37,962 | -€64,195 | -62.8% |
| Current portion of amounts payable after more than one year | 42 | - | €17,557 | +€17,557 | |
| Trade debts | 44 | €61,156 | - | -€61,156 | |
| Suppliers | 440/4 | €61,156 | - | -€61,156 | |
| Taxes, remuneration and social security | 45 | €11,529 | €20,405 | +€8,876 | +77.0% |
| Taxes | 450/3 | €4,156 | €2,667 | -€1,489 | -35.8% |
| Remuneration and social security | 454/9 | €7,373 | €17,737 | +€10,365 | +141% |
| Other amounts payable | 47/48 | €29,471 | - | -€29,471 | |
| Turnover | 70 | €692,949 | - | -€692,949 | |
| Goods, raw materials, services and sundry goods | 60/61 | €627,924 | - | -€627,924 | |
| Remuneration, social security and pensions | 62 | €34,713 | €51,164 | +€16,451 | +47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,599 | €38,599 | = | 0.0% |
| Other operating charges | 640/8 | €3,190 | €36 | -€3,153 | -98.9% |
| Gross operating margin | 9900 | €77,025 | €120,147 | +€43,122 | +56.0% |
| Operating profit (loss) | 9901 | €523 | €30,348 | +€29,825 | +5,700% |
| Financial income | 75/76B | €3,860 | €2 | -€3,858 | -99.9% |
| Recurring financial income | 75 | €3,860 | €2 | -€3,858 | -99.9% |
| Financial charges | 65/66B | €217 | €167 | -€50 | -22.8% |
| Recurring financial charges | 65 | €217 | €167 | -€50 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €4,166 | €30,183 | +€26,016 | +624% |
| Income taxes | 67/77 | - | €1,886 | +€1,886 | |
| Profit (loss) for the period | 9904 | €4,166 | €28,297 | +€24,130 | +579% |
| Profit (loss) for the period to be appropriated | 9905 | €4,166 | €28,297 | +€24,130 | +579% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.