M.C.V. TRADE: 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.V. TRADE
Largest movements
- Receivables within one year -€183,928
down €183,928 (-74.8%), from €245,739 to €61,811
of which Trade receivables: -€123,511
- Receivables after one year +€22,825
up €22,825 (+47.4%), from €48,175 to €71,000
- Cash +€17,878
up €17,878 (+130%), from €13,735 to €31,613
mainly Receivables within one year (+€183,928) and Depreciation (+€18,114)
- Stocks and contracts +€7,139
new in 2024: €7,139
- Other debts -€82,410
down €82,410 (-100%), from €82,410 to €0
- Trade debts -€47,202
down €47,202 (-61.1%), from €77,309 to €30,107
- Tax, wage and social debts -€15,241
down €15,241 (-47.6%), from €32,002 to €16,761
of which Taxes: -€7,723
- Reserves +€6,850
up €6,850 (+5.1%), from €133,879 to €140,729
of which Distributable reserves: +€6,850
- Gross operating margin +€81,408
up €81,408 (+60.2%), from €135,215 to €216,623
- Staff costs +€74,999
up €74,999 (+66.4%), from €112,974 to €187,973
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €351,629 | €213,626 | -€138,003 | -39.2% |
| Fixed assets | 21/28 | €43,980 | €42,063 | -€1,917 | -4.4% |
| Tangible fixed assets | 22/27 | €43,980 | €42,063 | -€1,917 | -4.4% |
| Plant, machinery and equipment | 23 | €4,081 | €5,060 | +€979 | +24.0% |
| Furniture and vehicles | 24 | €39,899 | €37,003 | -€2,896 | -7.3% |
| Current assets | 29/58 | €307,648 | €171,563 | -€136,086 | -44.2% |
| Amounts receivable after more than one year | 29 | €48,175 | €71,000 | +€22,825 | +47.4% |
| Other amounts receivable | 291 | €48,175 | €71,000 | +€22,825 | +47.4% |
| Stocks and contracts in progress | 3 | - | €7,139 | +€7,139 | |
| Stocks | 30/36 | - | €7,139 | +€7,139 | |
| Amounts receivable within one year | 40/41 | €245,739 | €61,811 | -€183,928 | -74.8% |
| Trade receivables | 40 | €175,928 | €52,417 | -€123,511 | -70.2% |
| Other amounts receivable | 41 | €69,811 | €9,394 | -€60,417 | -86.5% |
| Cash at bank and in hand | 54/58 | €13,735 | €31,613 | +€17,878 | +130% |
| Total equity and liabilities | 10/49 | €351,629 | €213,626 | -€138,003 | -39.2% |
| Equity | 10/15 | €159,908 | €166,758 | +€6,850 | +4.3% |
| Contributions | 10/11 | €26,029 | €26,029 | = | 0.0% |
| Reserves | 13 | €133,879 | €140,729 | +€6,850 | +5.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €2,875 | €2,875 | = | 0.0% |
| Distributable reserves | 133 | €131,004 | €137,854 | +€6,850 | +5.2% |
| Amounts payable | 17/49 | €191,720 | €46,868 | -€144,852 | -75.6% |
| Amounts payable within one year | 42/48 | €191,720 | €46,868 | -€144,852 | -75.6% |
| Trade debts | 44 | €77,309 | €30,107 | -€47,202 | -61.1% |
| Suppliers | 440/4 | €77,309 | €30,107 | -€47,202 | -61.1% |
| Taxes, remuneration and social security | 45 | €32,002 | €16,761 | -€15,241 | -47.6% |
| Taxes | 450/3 | €20,075 | €12,353 | -€7,723 | -38.5% |
| Remuneration and social security | 454/9 | €11,926 | €4,409 | -€7,518 | -63.0% |
| Other amounts payable | 47/48 | €82,410 | €0 | -€82,410 | -100% |
| Remuneration, social security and pensions | 62 | €112,974 | €187,973 | +€74,999 | +66.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,050 | €18,114 | +€2,064 | +12.9% |
| Other operating charges | 640/8 | €3,612 | €3,537 | -€75 | -2.1% |
| Non-recurring operating charges | 66A | €626 | €0 | -€626 | -100% |
| Gross operating margin | 9900 | €135,215 | €216,623 | +€81,408 | +60.2% |
| Operating profit (loss) | 9901 | €1,954 | €6,999 | +€5,045 | +258% |
| Financial income | 75/76B | €1,870 | €3,810 | +€1,940 | +104% |
| Recurring financial income | 75 | €1,870 | €3,810 | +€1,940 | +104% |
| Financial charges | 65/66B | €1,736 | €961 | -€776 | -44.7% |
| Recurring financial charges | 65 | €1,736 | €961 | -€776 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | €2,087 | €9,848 | +€7,761 | +372% |
| Income taxes | 67/77 | €982 | €2,999 | +€2,017 | +205% |
| Profit (loss) for the period | 9904 | €1,105 | €6,850 | +€5,744 | +520% |
| Profit (loss) for the period to be appropriated | 9905 | €1,105 | €6,850 | +€5,744 | +520% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.