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MC Aviation: 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.

What changed

MC Aviation

BE 1003.695.127
NACE 85.532, Education
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€14,915
2024 · €20,970-€6,055
Equity
€39,885
2024 · €24,970+€14,915
Cash
€40,049
2024 · €25,507+€14,542
Balance sheet total
€44,535
2024 · €30,775+€13,760

Largest movements

2024 to 2025
Assets
  • Cash +€14,542

    up €14,542 (+57.0%), from €25,507 to €40,049

    mainly Net result for the year (+€14,915) and Receivables within one year (+€1,697)

  • Receivables within one year -€1,697

    down €1,697 (-32.2%), from €5,267 to €3,570

    of which Trade receivables: -€1,410

  • Tangible fixed assets +€916

    new in 2025: €916

Equity and liabilities
  • Profit (loss) carried forward +€14,915

    up €14,915 (+71.1%), from €20,970 to €35,885

  • Tax, wage and social debts -€1,529

    down €1,529 (-29.1%), from €5,258 to €3,729

Income statement
  • Gross operating margin -€7,220

    down €7,220 (-27.4%), from €26,395 to €19,176

  • Taxes -€1,529

    down €1,529 (-29.1%), from €5,258 to €3,729

  • Depreciation +€458

    new in 2025: €458

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €20,970
Gross operating margin -€7,220
Depreciation -€458
Financial income +€42
Financial charges +€52
Taxes +€1,529
Result 2025 €14,915

Cash bridge derived

cash 2024 to 2025

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.

From operations +€15,915
Investment -€1,373
Financing €0
Cash 2024 €25,507
Net result for the year +€14,915
Depreciation +€458
Receivables within one year +€1,697
Tax, wage and social debts -€1,529
Other debts +€374
Investment in fixed assets (net) -€1,373
Cash 2025 €40,049
Every line side by side 30 lines
Line Code 2024 2025 Change %
Total assets 20/58 €30,775 €44,535 +€13,760 +44.7%
Fixed assets 21/28 - €916 +€916
Tangible fixed assets 22/27 - €916 +€916
Furniture and vehicles 24 - €916 +€916
Current assets 29/58 €30,775 €43,619 +€12,844 +41.7%
Amounts receivable within one year 40/41 €5,267 €3,570 -€1,697 -32.2%
Trade receivables 40 €4,715 €3,306 -€1,410 -29.9%
Other amounts receivable 41 €552 €264 -€288 -52.1%
Cash at bank and in hand 54/58 €25,507 €40,049 +€14,542 +57.0%
Total equity and liabilities 10/49 €30,775 €44,535 +€13,760 +44.7%
Equity 10/15 €24,970 €39,885 +€14,915 +59.7%
Contributions 10/11 €4,000 €4,000 = 0.0%
Profit (loss) carried forward 14 €20,970 €35,885 +€14,915 +71.1%
Amounts payable 17/49 €5,805 €4,650 -€1,155 -19.9%
Amounts payable within one year 42/48 €5,805 €4,650 -€1,155 -19.9%
Taxes, remuneration and social security 45 €5,258 €3,729 -€1,529 -29.1%
Taxes 450/3 €5,258 €3,729 -€1,529 -29.1%
Other amounts payable 47/48 €547 €921 +€374 +68.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €458 +€458
Other operating charges 640/8 €62 €62 = 0.0%
Gross operating margin 9900 €26,395 €19,176 -€7,220 -27.4%
Operating profit (loss) 9901 €26,333 €18,656 -€7,678 -29.2%
Financial income 75/76B - €42 +€42
Recurring financial income 75 - €42 +€42
Financial charges 65/66B €106 €54 -€52 -48.9%
Recurring financial charges 65 €106 €54 -€52 -48.9%
Profit (loss) for the period before taxes 9903 €26,228 €18,644 -€7,584 -28.9%
Income taxes 67/77 €5,258 €3,729 -€1,529 -29.1%
Profit (loss) for the period 9904 €20,970 €14,915 -€6,055 -28.9%
Profit (loss) for the period to be appropriated 9905 €20,970 €14,915 -€6,055 -28.9%

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.