MC HORECA: what changed
Two fiscal 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 HORECA
Largest movements
- Tangible fixed assets -€26,251
down €26,251 (-9.6%), from €272,358 to €246,107
of which Land and buildings: -€17,293
- Receivables within one year -€20,182
down €20,182 (-87.1%), from €23,183 to €3,000
of which Trade receivables: -€13,070
- Cash +€18,452
up €18,452 (+305.2%), from €6,045 to €24,497
mainly Depreciation (+€26,251) and Receivables within one year (+€20,182)
- Trade debts -€47,783
down €47,783 (-67.2%), from €71,058 to €23,275
- Profit (loss) carried forward +€19,649
up €19,649 (+81.6%), from -€24,080 to -€4,431
- Debts after one year -€12,342
down €12,342 (-11.9%), from €103,324 to €90,981
- Tax, wage and social debts +€6,243
up €6,243 (+41.1%), from €15,203 to €21,447
of which Taxes: +€3,554
- Other debts +€5,512
up €5,512 (+34.7%), from €15,863 to €21,375
- Gross operating margin +€51,825
up €51,825 (+37.7%), from €137,598 to €189,423
- Staff costs +€16,176
up €16,176 (+13.5%), from €119,432 to €135,608
- Depreciation -€2,722
down €2,722 (-9.4%), from €28,973 to €26,251
- Other operating charges -€2,665
down €2,665 (-54.3%), from €4,911 to €2,247
- Taxes +€2,339
up €2,339 (+1232.5%), from €190 to €2,528
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 | €323,059 | €296,196 | -€26,863 | -8.3% |
| Fixed assets | 21/28 | €272,358 | €246,332 | -€26,026 | -9.6% |
| Tangible fixed assets | 22/27 | €272,358 | €246,107 | -€26,251 | -9.6% |
| Land and buildings | 22 | €245,732 | €228,440 | -€17,293 | -7.0% |
| Plant, machinery and equipment | 23 | €15,594 | €10,670 | -€4,924 | -31.6% |
| Furniture and vehicles | 24 | €2,606 | €1,430 | -€1,176 | -45.1% |
| Other tangible fixed assets | 26 | €8,426 | €5,568 | -€2,859 | -33.9% |
| Financial fixed assets | 28 | - | €225 | +€225 | |
| Current assets | 29/58 | €50,701 | €49,864 | -€837 | -1.7% |
| Stocks and contracts in progress | 3 | €13,016 | €12,490 | -€526 | -4.0% |
| Stocks | 30/36 | €13,016 | €12,490 | -€526 | -4.0% |
| Amounts receivable within one year | 40/41 | €23,183 | €3,000 | -€20,182 | -87.1% |
| Trade receivables | 40 | €16,071 | €3,000 | -€13,070 | -81.3% |
| Other amounts receivable | 41 | €7,112 | - | -€7,112 | |
| Cash at bank and in hand | 54/58 | €6,045 | €24,497 | +€18,452 | +305.2% |
| Deferred charges and accrued income | 490/1 | €8,458 | €9,876 | +€1,418 | +16.8% |
| Total equity and liabilities | 10/49 | €323,059 | €296,196 | -€26,863 | -8.3% |
| Equity | 10/15 | €98,888 | €118,537 | +€19,649 | +19.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €104,369 | €104,369 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €102,509 | €102,509 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,080 | -€4,431 | +€19,649 | +81.6% |
| Amounts payable | 17/49 | €224,171 | €177,659 | -€46,512 | -20.7% |
| Amounts payable after more than one year | 17 | €103,324 | €90,981 | -€12,342 | -11.9% |
| Financial debts | 170/4 | €103,324 | €90,981 | -€12,342 | -11.9% |
| Amounts payable within one year | 42/48 | €114,099 | €82,477 | -€31,623 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €11,625 | €12,342 | +€717 | +6.2% |
| Financial debts | 43 | €349 | €4,038 | +€3,689 | +1056.1% |
| Credit institutions | 430/8 | €349 | €4,038 | +€3,689 | +1056.1% |
| Trade debts | 44 | €71,058 | €23,275 | -€47,783 | -67.2% |
| Suppliers | 440/4 | €71,058 | €23,275 | -€47,783 | -67.2% |
| Taxes, remuneration and social security | 45 | €15,203 | €21,447 | +€6,243 | +41.1% |
| Taxes | 450/3 | €5,993 | €9,547 | +€3,554 | +59.3% |
| Remuneration and social security | 454/9 | €9,210 | €11,900 | +€2,690 | +29.2% |
| Other amounts payable | 47/48 | €15,863 | €21,375 | +€5,512 | +34.7% |
| Accrued charges and deferred income | 492/3 | €6,748 | €4,201 | -€2,547 | -37.7% |
| Remuneration, social security and pensions | 62 | €119,432 | €135,608 | +€16,176 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,973 | €26,251 | -€2,722 | -9.4% |
| Other operating charges | 640/8 | €4,911 | €2,247 | -€2,665 | -54.3% |
| Gross operating margin | 9900 | €137,598 | €189,423 | +€51,825 | +37.7% |
| Operating profit (loss) | 9901 | -€15,719 | €25,317 | +€41,036 | |
| Financial income | 75/76B | €145 | €456 | +€311 | +214.9% |
| Recurring financial income | 75 | €145 | €456 | +€311 | +214.9% |
| Financial charges | 65/66B | €5,398 | €3,596 | -€1,802 | -33.4% |
| Recurring financial charges | 65 | €5,398 | €3,596 | -€1,802 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | -€20,971 | €22,177 | +€43,149 | |
| Income taxes | 67/77 | €190 | €2,528 | +€2,339 | +1232.5% |
| Profit (loss) for the period | 9904 | -€21,161 | €19,649 | +€40,810 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,161 | €19,649 | +€40,810 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.