MCA BELGIUM: 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.
MCA BELGIUM
Largest movements
- Cash +€263,319
up €263,319 (+75.4%), from €349,225 to €612,544
mainly Net result for the year (+€433,288) and Trade debts (+€197,686)
- Receivables within one year +€130,836
up €130,836 (+9.1%), from €1.4m to €1.6m
of which Other amounts receivable: +€340,624
- Deferred charges and accrued income -€96,885
down €96,885 (-49.3%), from €196,603 to €99,718
- Trade debts +€197,686
up €197,686 (+25.6%), from €771,284 to €968,969
- Profit (loss) carried forward +€133,288
up €133,288 (+45.4%), from €293,724 to €427,012
- Tax, wage and social debts -€32,779
down €32,779 (-5.3%), from €616,097 to €583,318
of which Remuneration and social security: -€119,520
- Staff costs -€1.4m
down €1.4m (-33.2%), from €4.1m to €2.7m
- Turnover -€1.3m
down €1.3m (-19.7%), from €6.6m to €5.3m
- Other operating income +€174,138
up €174,138 (+2,061%), from €8,449 to €182,587
- Services and other goods +€107,525
up €107,525 (+5.5%), from €2.0m to €2.1m
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 | €2,026,699 | €2,318,007 | +€291,308 | +14.4% |
| Fixed assets | 21/28 | €49,553 | €43,591 | -€5,962 | -12.0% |
| Tangible fixed assets | 22/27 | €20,037 | €14,075 | -€5,962 | -29.8% |
| Furniture and vehicles | 24 | €2,105 | €22 | -€2,084 | -99.0% |
| Other tangible fixed assets | 26 | €17,932 | €14,054 | -€3,878 | -21.6% |
| Financial fixed assets | 28 | €29,516 | €29,516 | = | 0.0% |
| Other financial fixed assets | 284/8 | €29,516 | €29,516 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €29,516 | €29,516 | = | 0.0% |
| Current assets | 29/58 | €1,977,146 | €2,274,416 | +€297,270 | +15.0% |
| Amounts receivable within one year | 40/41 | €1,431,318 | €1,562,154 | +€130,836 | +9.1% |
| Trade receivables | 40 | €1,381,317 | €1,171,530 | -€209,787 | -15.2% |
| Other amounts receivable | 41 | €50,001 | €390,625 | +€340,624 | +681% |
| Cash at bank and in hand | 54/58 | €349,225 | €612,544 | +€263,319 | +75.4% |
| Deferred charges and accrued income | 490/1 | €196,603 | €99,718 | -€96,885 | -49.3% |
| Total equity and liabilities | 10/49 | €2,026,699 | €2,318,007 | +€291,308 | +14.4% |
| Equity | 10/15 | €314,184 | €447,472 | +€133,288 | +42.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €293,724 | €427,012 | +€133,288 | +45.4% |
| Amounts payable | 17/49 | €1,712,515 | €1,870,535 | +€158,020 | +9.2% |
| Amounts payable within one year | 42/48 | €1,688,807 | €1,852,287 | +€163,480 | +9.7% |
| Trade debts | 44 | €771,284 | €968,969 | +€197,686 | +25.6% |
| Suppliers | 440/4 | €771,284 | €968,969 | +€197,686 | +25.6% |
| Taxes, remuneration and social security | 45 | €616,097 | €583,318 | -€32,779 | -5.3% |
| Taxes | 450/3 | €268,386 | €355,128 | +€86,741 | +32.3% |
| Remuneration and social security | 454/9 | €347,710 | €228,190 | -€119,520 | -34.4% |
| Other amounts payable | 47/48 | €301,427 | €300,000 | -€1,427 | -0.5% |
| Accrued charges and deferred income | 492/3 | €23,707 | €18,247 | -€5,460 | -23.0% |
| Operating income | 70/76A | €6,623,274 | €5,496,567 | -€1.1m | -17.0% |
| Turnover | 70 | €6,614,825 | €5,313,980 | -€1.3m | -19.7% |
| Other operating income | 74 | €8,449 | €182,587 | +€174,138 | +2,061% |
| Operating charges | 60/66A | €6,040,954 | €4,797,336 | -€1.2m | -20.6% |
| Services and other goods | 61 | €1,954,335 | €2,061,860 | +€107,525 | +5.5% |
| Remuneration, social security and pensions | 62 | €4,066,426 | €2,714,706 | -€1.4m | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,913 | €5,962 | -€951 | -13.8% |
| Other operating charges | 640/8 | €9,483 | €13,567 | +€4,084 | +43.1% |
| Non-recurring operating charges | 66A | €3,798 | €1,242 | -€2,556 | -67.3% |
| Operating profit (loss) | 9901 | €582,320 | €699,231 | +€116,911 | +20.1% |
| Financial income | 75/76B | €2,108 | €17,165 | +€15,057 | +714% |
| Recurring financial income | 75 | €2,108 | €17,165 | +€15,057 | +714% |
| Other financial income | 752/9 | €2,108 | €17,165 | +€15,057 | +714% |
| Financial charges | 65/66B | €74,893 | €59,260 | -€15,633 | -20.9% |
| Recurring financial charges | 65 | €74,893 | €59,260 | -€15,633 | -20.9% |
| Debt charges | 650 | €73,856 | €58,031 | -€15,825 | -21.4% |
| Other financial charges | 652/9 | €1,037 | €1,229 | +€192 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €509,535 | €657,135 | +€147,601 | +29.0% |
| Income taxes | 67/77 | €233,427 | €223,848 | -€9,579 | -4.1% |
| Taxes | 670/3 | €233,427 | €223,848 | -€9,579 | -4.1% |
| Profit (loss) for the period | 9904 | €276,108 | €433,288 | +€157,180 | +56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €276,108 | €433,288 | +€157,180 | +56.9% |
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 24 October 2026 via checked.be.