MC CONSULT: 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 CONSULT
Largest movements
- Cash -€71,067
down €71,067 (-29.2%), from €243,718 to €172,651
mainly Contributions, distributions and other (-€202,407) and Current investments (-€57,683)
- Current investments +€57,683
up €57,683 (+4.0%), from €1.5m to €1.5m
- Receivables within one year +€31,344
up €31,344 (+147%), from €21,381 to €52,725
of which Trade receivables: +€29,915
- Reserves +€22,800
up €22,800 (+1.6%), from €1.4m to €1.5m
- Gross operating margin -€16,188
down €16,188 (-5.5%), from €296,023 to €279,835
- Taxes -€3,997
down €3,997 (-3.9%), from €101,702 to €97,705
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.
Derived cash bridge
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 | €1,727,541 | €1,738,399 | +€10,858 | +0.6% |
| Fixed assets | 21/28 | €1,308 | €1,004 | -€304 | -23.3% |
| Tangible fixed assets | 22/27 | €304 | - | -€304 | |
| Plant, machinery and equipment | 23 | €203 | - | -€203 | |
| Other tangible fixed assets | 26 | €102 | - | -€102 | |
| Financial fixed assets | 28 | €1,004 | €1,004 | = | 0.0% |
| Current assets | 29/58 | €1,726,233 | €1,737,395 | +€11,162 | +0.6% |
| Amounts receivable within one year | 40/41 | €21,381 | €52,725 | +€31,344 | +147% |
| Trade receivables | 40 | €21,381 | €51,295 | +€29,915 | +140% |
| Other amounts receivable | 41 | - | €1,429 | +€1,429 | |
| Current investments | 50/53 | €1,452,530 | €1,510,213 | +€57,683 | +4.0% |
| Cash at bank and in hand | 54/58 | €243,718 | €172,651 | -€71,067 | -29.2% |
| Deferred charges and accrued income | 490/1 | €8,604 | €1,806 | -€6,798 | -79.0% |
| Total equity and liabilities | 10/49 | €1,727,541 | €1,738,399 | +€10,858 | +0.6% |
| Equity | 10/15 | €1,436,176 | €1,458,976 | +€22,800 | +1.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,429,976 | €1,452,776 | +€22,800 | +1.6% |
| Distributable reserves | 133 | €1,429,976 | €1,452,776 | +€22,800 | +1.6% |
| Amounts payable | 17/49 | €291,365 | €279,423 | -€11,942 | -4.1% |
| Amounts payable within one year | 42/48 | €291,365 | €279,423 | -€11,942 | -4.1% |
| Financial debts | 43 | €1,277 | €1,194 | -€83 | -6.5% |
| Credit institutions | 430/8 | €1,277 | €1,194 | -€83 | -6.5% |
| Trade debts | 44 | €5,387 | €372 | -€5,014 | -93.1% |
| Suppliers | 440/4 | €5,387 | €372 | -€5,014 | -93.1% |
| Taxes, remuneration and social security | 45 | €77,087 | €63,218 | -€13,869 | -18.0% |
| Taxes | 450/3 | €77,087 | €63,218 | -€13,869 | -18.0% |
| Other amounts payable | 47/48 | €207,615 | €214,639 | +€7,024 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321 | €304 | -€16 | -5.0% |
| Other operating charges | 640/8 | €1,805 | €1,984 | +€180 | +10.0% |
| Gross operating margin | 9900 | €296,023 | €279,835 | -€16,188 | -5.5% |
| Operating profit (loss) | 9901 | €293,897 | €277,546 | -€16,351 | -5.6% |
| Financial income | 75/76B | €48,135 | €48,753 | +€617 | +1.3% |
| Recurring financial income | 75 | €48,135 | €48,753 | +€617 | +1.3% |
| Financial charges | 65/66B | €3,642 | €3,387 | -€255 | -7.0% |
| Recurring financial charges | 65 | €3,642 | €3,387 | -€255 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €338,391 | €322,912 | -€15,479 | -4.6% |
| Income taxes | 67/77 | €101,702 | €97,705 | -€3,997 | -3.9% |
| Profit (loss) for the period | 9904 | €236,689 | €225,206 | -€11,482 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €236,689 | €225,206 | -€11,482 | -4.9% |
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 19 October 2026 via checked.be.