MCA CONSTRUCT: 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 CONSTRUCT
Largest movements
- Current assets +€11,885
up €11,885 (+221%), from €5,379 to €17,264
of which Receivables within one year: +€10,854
- Tangible fixed assets +€5,165
up €5,165 (+157%), from €3,289 to €8,454
- Debts within one year +€7,813
up €7,813 (+319%), from €2,446 to €10,259
- Equity +€5,140
up €5,140 (+82.6%), from €6,221 to €11,361
of which Profit (loss) carried forward: +€5,140
- Debts after one year +€4,098
new in 2020: €4,098
- Gross operating margin +€7,079
up €7,079 (+85.6%), from €8,267 to €15,347
- Depreciation +€4,837
up €4,837 (+388%), from €1,248 to €6,085
- Taxes +€867
up €867 (+54.6%), from €1,587 to €2,455
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,667 | €25,718 | +€17,051 | +197% |
| Fixed assets | 21/28 | €3,289 | €8,454 | +€5,165 | +157% |
| Tangible fixed assets | 22/27 | €3,289 | €8,454 | +€5,165 | +157% |
| Current assets | 29/58 | €5,379 | €17,264 | +€11,885 | +221% |
| Amounts receivable within one year | 40/41 | €219 | €11,073 | +€10,854 | +4,963% |
| Cash at bank and in hand | 54/58 | €5,160 | €4,961 | -€199 | -3.8% |
| Total equity and liabilities | 10/49 | €8,667 | €25,718 | +€17,051 | +197% |
| Equity | 10/15 | €6,221 | €11,361 | +€5,140 | +82.6% |
| Contributions | 10/11 | €1,000 | - | -€1,000 | |
| Reserves | 13 | €261 | €261 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,960 | €10,099 | +€5,140 | +104% |
| Amounts payable | 17/49 | €2,446 | €14,357 | +€11,911 | +487% |
| Amounts payable after more than one year | 17 | - | €4,098 | +€4,098 | |
| Amounts payable within one year | 42/48 | €2,446 | €10,259 | +€7,813 | +319% |
| Trade debts | 44 | €859 | €1,476 | +€617 | +71.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,248 | €6,085 | +€4,837 | +388% |
| Gross operating margin | 9900 | €8,267 | €15,347 | +€7,079 | +85.6% |
| Operating profit (loss) | 9901 | €6,835 | €7,899 | +€1,065 | +15.6% |
| Recurring financial charges | 65 | €26 | €305 | +€279 | +1,065% |
| Profit (loss) for the period before taxes | 9903 | €6,808 | €7,594 | +€786 | +11.5% |
| Income taxes | 67/77 | €1,587 | €2,455 | +€867 | +54.6% |
| Profit (loss) for the period | 9904 | €5,221 | €5,140 | -€82 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,221 | €5,140 | -€82 | -1.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.