MC Academy: what changed
Two fiscal 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.
MC Academy
Largest movements
- Receivables within one year +€60,179
up €60,179 (+173.4%), from €34,714 to €94,893
of which Trade receivables: +€59,066
- Cash -€31,166
down €31,166 (-43.0%), from €72,430 to €41,265
mainly Receivables within one year (-€60,179) and Other debts (-€31,679)
- Tangible fixed assets -€16,759
down €16,759 (-90.7%), from €18,472 to €1,713
of which Furniture and vehicles: -€16,050
- Profit (loss) carried forward +€46,365
up €46,365 (+1716.2%), from €2,702 to €49,067
- Other debts -€31,679
down €31,679 (-74.4%), from €42,600 to €10,921
- Tax, wage and social debts +€13,430
up €13,430 (+239.2%), from €5,615 to €19,045
- Debts after one year -€10,327
no longer reported in 2025 (was €10,327)
- Advances received -€8,580
down €8,580 (-26.5%), from €32,340 to €23,760
- Gross operating margin +€61,962
up €61,962 (+1212.7%), from €5,109 to €67,071
- Taxes +€12,015
up €12,015 (+7307.2%), from €164 to €12,180
- Other operating charges +€7,219
up €7,219 (+2529.6%), from €285 to €7,504
- Depreciation -€6,375
down €6,375 (-87.1%), from €7,316 to €941
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,759 | €137,871 | +€11,111 | +8.8% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €18,472 | €1,713 | -€16,759 | -90.7% |
| Tangible fixed assets | 22/27 | €18,472 | €1,713 | -€16,759 | -90.7% |
| Plant, machinery and equipment | 23 | €1,491 | €782 | -€709 | -47.6% |
| Furniture and vehicles | 24 | €16,981 | €931 | -€16,050 | -94.5% |
| Current assets | 29/58 | €108,287 | €136,158 | +€27,871 | +25.7% |
| Amounts receivable within one year | 40/41 | €34,714 | €94,893 | +€60,179 | +173.4% |
| Trade receivables | 40 | €30,840 | €89,906 | +€59,066 | +191.5% |
| Other amounts receivable | 41 | €3,874 | €4,987 | +€1,113 | +28.7% |
| Cash at bank and in hand | 54/58 | €72,430 | €41,265 | -€31,166 | -43.0% |
| Deferred charges and accrued income | 490/1 | €1,143 | - | -€1,143 | |
| Total equity and liabilities | 10/49 | €126,759 | €137,871 | +€11,111 | +8.8% |
| Equity | 10/15 | €7,702 | €54,067 | +€46,365 | +602.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,702 | €49,067 | +€46,365 | +1716.2% |
| Amounts payable | 17/49 | €119,058 | €83,804 | -€35,254 | -29.6% |
| Amounts payable after more than one year | 17 | €10,327 | - | -€10,327 | |
| Financial debts | 170/4 | €10,327 | - | -€10,327 | |
| Amounts payable within one year | 42/48 | €108,731 | €83,804 | -€24,927 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €4,902 | - | -€4,902 | |
| Trade debts | 44 | €23,273 | €30,078 | +€6,804 | +29.2% |
| Suppliers | 440/4 | €23,273 | €30,078 | +€6,804 | +29.2% |
| Advances received on contracts in progress | 46 | €32,340 | €23,760 | -€8,580 | -26.5% |
| Taxes, remuneration and social security | 45 | €5,615 | €19,045 | +€13,430 | +239.2% |
| Taxes | 450/3 | €5,615 | €19,045 | +€13,430 | +239.2% |
| Other amounts payable | 47/48 | €42,600 | €10,921 | -€31,679 | -74.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,316 | €941 | -€6,375 | -87.1% |
| Other operating charges | 640/8 | €285 | €7,504 | +€7,219 | +2529.6% |
| Gross operating margin | 9900 | €5,109 | €67,071 | +€61,962 | +1212.7% |
| Operating profit (loss) | 9901 | -€2,492 | €58,626 | +€61,118 | |
| Financial income | 75/76B | €238 | €557 | +€319 | +134.2% |
| Recurring financial income | 75 | €238 | €557 | +€319 | +134.2% |
| Financial charges | 65/66B | €558 | €638 | +€80 | +14.4% |
| Recurring financial charges | 65 | €558 | €638 | +€80 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,812 | €58,545 | +€61,357 | |
| Income taxes | 67/77 | €164 | €12,180 | +€12,015 | +7307.2% |
| Profit (loss) for the period | 9904 | -€2,977 | €46,365 | +€49,342 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,977 | €46,365 | +€49,342 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.