MC QUADRATUM: 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 QUADRATUM
Largest movements
- Cash +€16,199
up €16,199 (+920.9%), from €1,759 to €17,959
- Deferred charges and accrued income -€6,813
down €6,813 (-69.0%), from €9,875 to €3,063
- Receivables within one year +€632
new in 2025: €632
- Reserves +€13,142
new in 2025: €13,142
- Profit (loss) carried forward -€5,005
no longer reported in 2025 (was €5,005)
- Trade debts +€2,625
new in 2025: €2,625
- Tax, wage and social debts -€744
down €744 (-45.7%), from €1,630 to €885
- Gross operating margin +€14,183
up €14,183 (+226.5%), from €6,262 to €20,445
- Taxes +€3,738
up €3,738 (+229.4%), from €1,630 to €5,368
- Depreciation -€645
no longer reported in 2025 (was €645)
From the 2023 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.
Cash bridge derived
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,635 | €21,653 | +€10,018 | +86.1% |
| Current assets | 29/58 | €11,635 | €21,653 | +€10,018 | +86.1% |
| Amounts receivable within one year | 40/41 | - | €632 | +€632 | |
| Other amounts receivable | 41 | - | €632 | +€632 | |
| Cash at bank and in hand | 54/58 | €1,759 | €17,959 | +€16,199 | +920.9% |
| Deferred charges and accrued income | 490/1 | €9,875 | €3,063 | -€6,813 | -69.0% |
| Total equity and liabilities | 10/49 | €11,635 | €21,653 | +€10,018 | +86.1% |
| Equity | 10/15 | €10,005 | €18,142 | +€8,138 | +81.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €13,142 | +€13,142 | |
| Distributable reserves | 133 | - | €13,142 | +€13,142 | |
| Profit (loss) carried forward | 14 | €5,005 | - | -€5,005 | |
| Amounts payable | 17/49 | €1,630 | €3,511 | +€1,881 | +115.4% |
| Amounts payable within one year | 42/48 | €1,630 | €3,511 | +€1,881 | +115.4% |
| Trade debts | 44 | - | €2,625 | +€2,625 | |
| Suppliers | 440/4 | - | €2,625 | +€2,625 | |
| Taxes, remuneration and social security | 45 | €1,630 | €885 | -€744 | -45.7% |
| Taxes | 450/3 | €1,630 | €885 | -€744 | -45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €645 | - | -€645 | |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €6,262 | €20,445 | +€14,183 | +226.5% |
| Operating profit (loss) | 9901 | €5,556 | €20,383 | +€14,827 | +266.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €75 | €45 | -€30 | -40.0% |
| Recurring financial charges | 65 | €75 | €45 | -€30 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €5,481 | €20,338 | +€14,857 | +271.1% |
| Income taxes | 67/77 | €1,630 | €5,368 | +€3,738 | +229.4% |
| Profit (loss) for the period | 9904 | €3,851 | €14,970 | +€11,119 | +288.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,851 | €14,970 | +€11,119 | +288.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.