MC Advice: 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 Advice
Largest movements
- Tangible fixed assets +€11,163
up €11,163 (+2522.6%), from €443 to €11,605
- Cash +€9,523
up €9,523 (+4.9%), from €194,131 to €203,653
mainly Net result for the year (+€36,787) and Receivables within one year (+€9,498)
- Receivables within one year -€9,498
down €9,498 (-34.0%), from €27,905 to €18,406
of which Other amounts receivable: -€7,872
- Reserves +€14,678
up €14,678 (+7.0%), from €208,272 to €222,950
of which Distributable reserves: +€14,678
- Gross operating margin -€6,863
down €6,863 (-11.3%), from €60,954 to €54,091
- Taxes -€2,721
down €2,721 (-14.4%), from €18,884 to €16,163
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 | €225,152 | €237,014 | +€11,862 | +5.3% |
| Fixed assets | 21/28 | €2,603 | €13,765 | +€11,163 | +428.9% |
| Tangible fixed assets | 22/27 | €443 | €11,605 | +€11,163 | +2522.6% |
| Furniture and vehicles | 24 | €443 | €11,605 | +€11,163 | +2522.6% |
| Financial fixed assets | 28 | €2,160 | €2,160 | = | 0.0% |
| Current assets | 29/58 | €222,550 | €223,249 | +€699 | +0.3% |
| Amounts receivable within one year | 40/41 | €27,905 | €18,406 | -€9,498 | -34.0% |
| Trade receivables | 40 | €18,080 | €16,453 | -€1,627 | -9.0% |
| Other amounts receivable | 41 | €9,825 | €1,953 | -€7,872 | -80.1% |
| Cash at bank and in hand | 54/58 | €194,131 | €203,653 | +€9,523 | +4.9% |
| Deferred charges and accrued income | 490/1 | €515 | €1,190 | +€675 | +131.2% |
| Total equity and liabilities | 10/49 | €225,152 | €237,014 | +€11,862 | +5.3% |
| Equity | 10/15 | €208,272 | €222,950 | +€14,678 | +7.0% |
| Reserves | 13 | €208,272 | €222,950 | +€14,678 | +7.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €206,412 | €221,090 | +€14,678 | +7.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €16,881 | €14,065 | -€2,816 | -16.7% |
| Amounts payable within one year | 42/48 | €16,881 | €14,065 | -€2,816 | -16.7% |
| Financial debts | 43 | €480 | €228 | -€252 | -52.5% |
| Credit institutions | 430/8 | €480 | €228 | -€252 | -52.5% |
| Trade debts | 44 | €381 | €561 | +€180 | +47.2% |
| Suppliers | 440/4 | €381 | €561 | +€180 | +47.2% |
| Taxes, remuneration and social security | 45 | €7,246 | €6,781 | -€465 | -6.4% |
| Taxes | 450/3 | €7,246 | €6,781 | -€465 | -6.4% |
| Other amounts payable | 47/48 | €8,773 | €6,494 | -€2,279 | -26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €623 | +€373 | +148.8% |
| Other operating charges | 640/8 | €691 | €798 | +€106 | +15.4% |
| Gross operating margin | 9900 | €60,954 | €54,091 | -€6,863 | -11.3% |
| Operating profit (loss) | 9901 | €60,012 | €52,670 | -€7,342 | -12.2% |
| Financial income | 75/76B | €202 | €687 | +€485 | +240.7% |
| Recurring financial income | 75 | €202 | €687 | +€485 | +240.7% |
| Financial charges | 65/66B | €190 | €407 | +€217 | +114.6% |
| Recurring financial charges | 65 | €190 | €407 | +€217 | +114.6% |
| Profit (loss) for the period before taxes | 9903 | €60,024 | €52,950 | -€7,074 | -11.8% |
| Income taxes | 67/77 | €18,884 | €16,163 | -€2,721 | -14.4% |
| Profit (loss) for the period | 9904 | €41,140 | €36,787 | -€4,353 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,140 | €36,787 | -€4,353 | -10.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.