MC ARNOLDS GROUP: 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.
MC ARNOLDS GROUP
Largest movements
- Cash -€36,399
down €36,399 (-25.4%), from €143,303 to €106,904
mainly Trade debts (-€35,092) and Current portion of long-term debt (-€13,889)
- Receivables within one year -€25,350
down €25,350 (-12.3%), from €205,647 to €180,297
of which Other amounts receivable: -€38,183
- Tangible fixed assets -€6,309
down €6,309 (-20.1%), from €31,374 to €25,065
of which Leasing and similar rights: -€4,298
- Trade debts -€35,092
down €35,092 (-28.3%), from €123,944 to €88,853
- Current portion of long-term debt -€13,889
down €13,889 (-84.7%), from €16,406 to €2,516
- Profit (loss) carried forward -€13,757
down €13,757 (-19.5%), from €70,441 to €56,684
- Tax, wage and social debts -€10,793
down €10,793 (-20.7%), from €52,143 to €41,349
of which Taxes: -€7,367
- Debts after one year +€7,613
up €7,613 (+322%), from €2,363 to €9,976
- Gross operating margin -€97,622
down €97,622 (-17.2%), from €566,589 to €468,966
- Taxes -€28,585
down €28,585 (-97.0%), from €29,456 to €871
- Staff costs -€17,229
down €17,229 (-3.6%), from €483,128 to €465,899
- Other operating charges -€9,617
down €9,617 (-86.2%), from €11,161 to €1,544
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 | €381,659 | €313,223 | -€68,436 | -17.9% |
| Fixed assets | 21/28 | €31,624 | €25,315 | -€6,309 | -19.9% |
| Tangible fixed assets | 22/27 | €31,374 | €25,065 | -€6,309 | -20.1% |
| Plant, machinery and equipment | 23 | €836 | €274 | -€563 | -67.3% |
| Furniture and vehicles | 24 | €11,143 | €10,174 | -€969 | -8.7% |
| Leasing and similar rights | 25 | €18,485 | €14,188 | -€4,298 | -23.2% |
| Other tangible fixed assets | 26 | €909 | €430 | -€480 | -52.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €350,035 | €287,908 | -€62,127 | -17.7% |
| Amounts receivable within one year | 40/41 | €205,647 | €180,297 | -€25,350 | -12.3% |
| Trade receivables | 40 | €114,898 | €127,732 | +€12,834 | +11.2% |
| Other amounts receivable | 41 | €90,749 | €52,566 | -€38,183 | -42.1% |
| Cash at bank and in hand | 54/58 | €143,303 | €106,904 | -€36,399 | -25.4% |
| Deferred charges and accrued income | 490/1 | €1,085 | €706 | -€379 | -34.9% |
| Total equity and liabilities | 10/49 | €381,659 | €313,223 | -€68,436 | -17.9% |
| Equity | 10/15 | €180,441 | €166,684 | -€13,757 | -7.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,441 | €56,684 | -€13,757 | -19.5% |
| Amounts payable | 17/49 | €201,218 | €146,539 | -€54,679 | -27.2% |
| Amounts payable after more than one year | 17 | €2,363 | €9,976 | +€7,613 | +322% |
| Financial debts | 170/4 | €2,363 | €9,976 | +€7,613 | +322% |
| Amounts payable within one year | 42/48 | €198,091 | €136,368 | -€61,723 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €16,406 | €2,516 | -€13,889 | -84.7% |
| Financial debts | 43 | €4,840 | €3,617 | -€1,223 | -25.3% |
| Credit institutions | 430/8 | €4,840 | €3,617 | -€1,223 | -25.3% |
| Trade debts | 44 | €123,944 | €88,853 | -€35,092 | -28.3% |
| Suppliers | 440/4 | €123,944 | €88,853 | -€35,092 | -28.3% |
| Taxes, remuneration and social security | 45 | €52,143 | €41,349 | -€10,793 | -20.7% |
| Taxes | 450/3 | €22,732 | €15,365 | -€7,367 | -32.4% |
| Remuneration and social security | 454/9 | €29,411 | €25,984 | -€3,426 | -11.6% |
| Other amounts payable | 47/48 | €759 | €33 | -€726 | -95.7% |
| Accrued charges and deferred income | 492/3 | €764 | €195 | -€569 | -74.5% |
| Remuneration, social security and pensions | 62 | €483,128 | €465,899 | -€17,229 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,359 | €12,598 | -€761 | -5.7% |
| Other operating charges | 640/8 | €11,161 | €1,544 | -€9,617 | -86.2% |
| Gross operating margin | 9900 | €566,589 | €468,966 | -€97,622 | -17.2% |
| Operating profit (loss) | 9901 | €58,940 | -€11,075 | -€70,016 | |
| Financial income | 75/76B | €0 | €245 | +€244 | +55,557% |
| Recurring financial income | 75 | €0 | €245 | +€244 | +55,557% |
| Financial charges | 65/66B | €2,339 | €2,056 | -€284 | -12.1% |
| Recurring financial charges | 65 | €2,339 | €2,056 | -€284 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €56,601 | -€12,886 | -€69,488 | |
| Income taxes | 67/77 | €29,456 | €871 | -€28,585 | -97.0% |
| Profit (loss) for the period | 9904 | €27,145 | -€13,757 | -€40,903 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,145 | -€13,757 | -€40,903 |
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 20 October 2026 via checked.be.