MC&Co: 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&Co
Largest movements
- Tangible fixed assets -€359,768
down €359,768 (-13.0%), from €2.8m to €2.4m
- Debts after one year -€328,202
down €328,202 (-19.4%), from €1.7m to €1.4m
- Profit (loss) carried forward +€309,469
up €309,469 (+317.6%), from €97,436 to €406,905
- Reserves -€223,614
down €223,614 (-18.0%), from €1.2m to €1.0m
of which Tax-exempt reserves: -€223,614
- Provisions -€125,058
down €125,058 (-30.5%), from €409,471 to €284,413
- Other debts -€80,830
down €80,830 (-22.5%), from €359,717 to €278,887
- Gross operating margin +€163,109
up €163,109 (+145.7%), from €111,961 to €275,070
- Taxes +€154,354
up €154,354 (+6578.5%), from €2,346 to €156,700
- Other operating charges -€25,218
down €25,218 (-57.1%), from €44,128 to €18,910
- Financial charges -€23,363
down €23,363 (-40.6%), from €57,490 to €34,127
- Financial income +€9,863
up €9,863 (+276278.7%), from €4 to €9,867
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.
Cash bridge derived
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 | €3,960,909 | €3,628,969 | -€331,940 | -8.4% |
| Fixed assets | 21/28 | €2,808,110 | €2,448,342 | -€359,768 | -12.8% |
| Tangible fixed assets | 22/27 | €2,766,910 | €2,407,142 | -€359,768 | -13.0% |
| Land and buildings | 22 | €2,766,910 | €2,407,142 | -€359,768 | -13.0% |
| Financial fixed assets | 28 | €41,200 | €41,200 | = | 0.0% |
| Current assets | 29/58 | €1,152,800 | €1,180,628 | +€27,828 | +2.4% |
| Amounts receivable within one year | 40/41 | €1,151,866 | €1,177,728 | +€25,862 | +2.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,151,866 | €1,177,728 | +€25,862 | +2.2% |
| Cash at bank and in hand | 54/58 | €933 | €2,373 | +€1,440 | +154.2% |
| Deferred charges and accrued income | 490/1 | - | €526 | +€526 | |
| Total equity and liabilities | 10/49 | €3,960,909 | €3,628,969 | -€331,940 | -8.4% |
| Equity | 10/15 | €1,354,993 | €1,440,848 | +€85,855 | +6.3% |
| Contributions | 10/11 | €15,617 | €15,617 | = | 0.0% |
| Reserves | 13 | €1,241,939 | €1,018,325 | -€223,614 | -18.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €1,238,965 | €1,015,351 | -€223,614 | -18.0% |
| Distributable reserves | 133 | €2,975 | €2,975 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,436 | €406,905 | +€309,469 | +317.6% |
| Provisions and deferred taxes | 16 | €409,471 | €284,413 | -€125,058 | -30.5% |
| Deferred taxes | 168 | €409,471 | €284,413 | -€125,058 | -30.5% |
| Amounts payable | 17/49 | €2,196,446 | €1,903,709 | -€292,737 | -13.3% |
| Amounts payable after more than one year | 17 | €1,690,909 | €1,362,707 | -€328,202 | -19.4% |
| Financial debts | 170/4 | €1,690,909 | €1,362,707 | -€328,202 | -19.4% |
| Amounts payable within one year | 42/48 | €501,650 | €539,277 | +€37,628 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €118,497 | €154,505 | +€36,008 | +30.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €21,089 | €37,827 | +€16,737 | +79.4% |
| Suppliers | 440/4 | €21,089 | €37,827 | +€16,737 | +79.4% |
| Taxes, remuneration and social security | 45 | €2,346 | €68,059 | +€65,713 | +2800.7% |
| Taxes | 450/3 | €2,346 | €68,059 | +€65,713 | +2800.7% |
| Other amounts payable | 47/48 | €359,717 | €278,887 | -€80,830 | -22.5% |
| Accrued charges and deferred income | 492/3 | €3,887 | €1,725 | -€2,162 | -55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,576 | €114,402 | +€826 | +0.7% |
| Other operating charges | 640/8 | €44,128 | €18,910 | -€25,218 | -57.1% |
| Gross operating margin | 9900 | €111,961 | €275,070 | +€163,109 | +145.7% |
| Operating profit (loss) | 9901 | -€45,743 | €141,757 | +€187,501 | |
| Financial income | 75/76B | €4 | €9,867 | +€9,863 | +276278.7% |
| Recurring financial income | 75 | €4 | €9,867 | +€9,863 | +276278.7% |
| Financial charges | 65/66B | €57,490 | €34,127 | -€23,363 | -40.6% |
| Recurring financial charges | 65 | €57,490 | €34,127 | -€23,363 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | -€103,230 | €117,497 | +€220,727 | |
| Transfer from deferred taxes | 780 | €40,114 | €125,058 | +€84,943 | +211.8% |
| Income taxes | 67/77 | €2,346 | €156,700 | +€154,354 | +6578.5% |
| Profit (loss) for the period | 9904 | -€65,462 | €85,855 | +€151,317 | |
| Transfer from tax-exempt reserves | 789 | €109,791 | €375,174 | +€265,383 | +241.7% |
| Transfer to tax-exempt reserves | 689 | - | €151,560 | +€151,560 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,329 | €309,469 | +€265,139 | +598.1% |
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 9 October 2026 via checked.be.