MC DECOR: 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 DECOR
Largest movements
- Receivables within one year +€88,400
up €88,400 (+55.7%), from €158,719 to €247,120
of which Trade receivables: +€91,677
- Cash +€29,179
up €29,179 (+404.7%), from €7,210 to €36,389
mainly Net result for the year (+€85,097) and Tax, wage and social debts (+€25,237)
- Tangible fixed assets -€6,710
down €6,710 (-36.7%), from €18,285 to €11,575
- Profit (loss) carried forward +€85,097
up €85,097 (+2198.8%), from €3,870 to €88,967
- Accrued charges and deferred income -€27,302
down €27,302 (-100.0%), from €27,302 to €0
- Tax, wage and social debts +€25,237
up €25,237 (+296.7%), from €8,506 to €33,743
of which Taxes: +€27,090
- Trade debts +€16,280
up €16,280 (+28.4%), from €57,255 to €73,535
- Debts after one year +€13,000
new in 2023: €13,000
- Gross operating margin +€54,299
up €54,299 (+72.7%), from €74,720 to €129,018
- Staff costs -€33,154
down €33,154 (-100.0%), from €33,154 to €0
- Taxes +€20,627
up €20,627 (+309.4%), from €6,666 to €27,294
- Other operating charges -€10,798
down €10,798 (-96.5%), from €11,192 to €394
- Financial charges -€4,391
down €4,391 (-29.8%), from €14,718 to €10,328
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €195,177 | €307,488 | +€112,311 | +57.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €21,185 | €14,475 | -€6,710 | -31.7% |
| Tangible fixed assets | 22/27 | €18,285 | €11,575 | -€6,710 | -36.7% |
| Plant, machinery and equipment | 23 | €10,478 | €7,781 | -€2,697 | -25.7% |
| Furniture and vehicles | 24 | €5,164 | €2,099 | -€3,065 | -59.4% |
| Other tangible fixed assets | 26 | €2,643 | €1,695 | -€948 | -35.9% |
| Financial fixed assets | 28 | €2,900 | €2,900 | = | 0.0% |
| Current assets | 29/58 | €173,992 | €293,013 | +€119,021 | +68.4% |
| Stocks and contracts in progress | 3 | €3,579 | €3,579 | = | 0.0% |
| Stocks | 30/36 | €3,579 | €3,579 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €158,719 | €247,120 | +€88,400 | +55.7% |
| Trade receivables | 40 | €89,705 | €181,382 | +€91,677 | +102.2% |
| Other amounts receivable | 41 | €69,014 | €65,738 | -€3,276 | -4.7% |
| Cash at bank and in hand | 54/58 | €7,210 | €36,389 | +€29,179 | +404.7% |
| Deferred charges and accrued income | 490/1 | €4,484 | €5,926 | +€1,442 | +32.2% |
| Total equity and liabilities | 10/49 | €195,177 | €307,488 | +€112,311 | +57.5% |
| Equity | 10/15 | €32,213 | €117,310 | +€85,097 | +264.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,743 | €9,743 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,743 | €9,743 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,743 | €9,743 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,870 | €88,967 | +€85,097 | +2198.8% |
| Amounts payable | 17/49 | €162,964 | €190,178 | +€27,214 | +16.7% |
| Amounts payable after more than one year | 17 | - | €13,000 | +€13,000 | |
| Financial debts | 170/4 | - | €13,000 | +€13,000 | |
| Amounts payable within one year | 42/48 | €135,662 | €177,178 | +€41,517 | +30.6% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 43 | €49,900 | €49,900 | = | 0.0% |
| Credit institutions | 430/8 | €49,900 | €49,900 | = | 0.0% |
| Trade debts | 44 | €57,255 | €73,535 | +€16,280 | +28.4% |
| Suppliers | 440/4 | €57,255 | €73,535 | +€16,280 | +28.4% |
| Taxes, remuneration and social security | 45 | €8,506 | €33,743 | +€25,237 | +296.7% |
| Taxes | 450/3 | €6,653 | €33,743 | +€27,090 | +407.2% |
| Remuneration and social security | 454/9 | €1,853 | - | -€1,853 | |
| Accrued charges and deferred income | 492/3 | €27,302 | €0 | -€27,302 | -100.0% |
| Remuneration, social security and pensions | 62 | €33,154 | €0 | -€33,154 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,238 | €7,955 | +€717 | +9.9% |
| Other operating charges | 640/8 | €11,192 | €394 | -€10,798 | -96.5% |
| Gross operating margin | 9900 | €74,720 | €129,018 | +€54,299 | +72.7% |
| Operating profit (loss) | 9901 | €23,135 | €120,669 | +€97,534 | +421.6% |
| Financial income | 75/76B | €3,514 | €2,049 | -€1,464 | -41.7% |
| Recurring financial income | 75 | €3,514 | €2,049 | -€1,464 | -41.7% |
| Financial charges | 65/66B | €14,718 | €10,328 | -€4,391 | -29.8% |
| Recurring financial charges | 65 | €14,718 | €10,328 | -€4,391 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €11,930 | €112,391 | +€100,461 | +842.1% |
| Income taxes | 67/77 | €6,666 | €27,294 | +€20,627 | +309.4% |
| Profit (loss) for the period | 9904 | €5,264 | €85,097 | +€79,833 | +1516.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,264 | €85,097 | +€79,833 | +1516.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.