MCA GROUP: 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 GROUP
Largest movements
- Receivables within one year -€24,555
down €24,555 (-72.7%), from €33,792 to €9,237
of which Trade receivables: -€31,476
- Cash -€21,723
down €21,723 (-83.3%), from €26,084 to €4,361
mainly Other debts (-€72,378) and Trade debts (-€40,817)
- Tangible fixed assets -€14,585
down €14,585 (-11.4%), from €127,801 to €113,215
- Deferred charges and accrued income -€3,424
down €3,424 (-37.0%), from €9,250 to €5,826
- Stocks and contracts +€2,482
up €2,482 (+21.8%), from €11,364 to €13,846
- Other debts -€72,378
no longer reported in 2025 (was €72,378)
- Reserves +€50,000
new in 2025: €50,000
- Trade debts -€40,817
down €40,817 (-72.8%), from €56,080 to €15,264
- Tax, wage and social debts +€14,976
up €14,976 (+292.1%), from €5,126 to €20,102
of which Taxes: +€18,399
- Accrued charges and deferred income -€13,718
down €13,718 (-24.3%), from €56,430 to €42,713
- Gross operating margin +€107,990
up €107,990 (+263.6%), from €40,971 to €148,961
- Staff costs +€47,805
up €47,805 (+319.6%), from €14,958 to €62,762
- Taxes +€17,454
up €17,454 (+1277.4%), from €1,366 to €18,821
- Depreciation +€6,765
up €6,765 (+86.5%), from €7,820 to €14,585
- Financial charges +€1,751
up €1,751 (+327.6%), from €535 to €2,286
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.
Cash bridge derived
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 | €208,871 | €147,066 | -€61,805 | -29.6% |
| Fixed assets | 21/28 | €128,381 | €113,795 | -€14,585 | -11.4% |
| Tangible fixed assets | 22/27 | €127,801 | €113,215 | -€14,585 | -11.4% |
| Land and buildings | 22 | €76,498 | €72,527 | -€3,971 | -5.2% |
| Plant, machinery and equipment | 23 | €31,776 | €24,969 | -€6,807 | -21.4% |
| Furniture and vehicles | 24 | €15,692 | €12,290 | -€3,402 | -21.7% |
| Other tangible fixed assets | 26 | €1,965 | €1,559 | -€406 | -20.6% |
| Assets under construction and advance payments | 27 | €1,870 | €1,870 | = | 0.0% |
| Financial fixed assets | 28 | €580 | €580 | = | 0.0% |
| Current assets | 29/58 | €80,490 | €33,271 | -€47,220 | -58.7% |
| Stocks and contracts in progress | 3 | €11,364 | €13,846 | +€2,482 | +21.8% |
| Stocks | 30/36 | €11,364 | €13,846 | +€2,482 | +21.8% |
| Amounts receivable within one year | 40/41 | €33,792 | €9,237 | -€24,555 | -72.7% |
| Trade receivables | 40 | €31,812 | €335 | -€31,476 | -98.9% |
| Other amounts receivable | 41 | €1,980 | €8,901 | +€6,921 | +349.5% |
| Cash at bank and in hand | 54/58 | €26,084 | €4,361 | -€21,723 | -83.3% |
| Deferred charges and accrued income | 490/1 | €9,250 | €5,826 | -€3,424 | -37.0% |
| Total equity and liabilities | 10/49 | €208,871 | €147,066 | -€61,805 | -29.6% |
| Equity | 10/15 | €18,856 | €68,988 | +€50,132 | +265.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €50,000 | +€50,000 | |
| Distributable reserves | 133 | - | €50,000 | +€50,000 | |
| Profit (loss) carried forward | 14 | €15,856 | €15,988 | +€132 | +0.8% |
| Amounts payable | 17/49 | €190,015 | €78,078 | -€111,937 | -58.9% |
| Amounts payable within one year | 42/48 | €133,585 | €35,366 | -€98,219 | -73.5% |
| Trade debts | 44 | €56,080 | €15,264 | -€40,817 | -72.8% |
| Suppliers | 440/4 | €56,080 | €15,264 | -€40,817 | -72.8% |
| Taxes, remuneration and social security | 45 | €5,126 | €20,102 | +€14,976 | +292.1% |
| Taxes | 450/3 | €1,366 | €19,765 | +€18,399 | +1346.5% |
| Remuneration and social security | 454/9 | €3,760 | €337 | -€3,423 | -91.0% |
| Other amounts payable | 47/48 | €72,378 | - | -€72,378 | |
| Accrued charges and deferred income | 492/3 | €56,430 | €42,713 | -€13,718 | -24.3% |
| Remuneration, social security and pensions | 62 | €14,958 | €62,762 | +€47,805 | +319.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,820 | €14,585 | +€6,765 | +86.5% |
| Other operating charges | 640/8 | €437 | €459 | +€22 | +4.9% |
| Gross operating margin | 9900 | €40,971 | €148,961 | +€107,990 | +263.6% |
| Operating profit (loss) | 9901 | €17,756 | €71,155 | +€53,399 | +300.7% |
| Financial income | 75/76B | €1 | €84 | +€82 | +5890.0% |
| Recurring financial income | 75 | €1 | €84 | +€82 | +5890.0% |
| Financial charges | 65/66B | €535 | €2,286 | +€1,751 | +327.6% |
| Recurring financial charges | 65 | €535 | €2,286 | +€1,751 | +327.6% |
| Profit (loss) for the period before taxes | 9903 | €17,222 | €68,952 | +€51,730 | +300.4% |
| Income taxes | 67/77 | €1,366 | €18,821 | +€17,454 | +1277.4% |
| Profit (loss) for the period | 9904 | €15,856 | €50,132 | +€34,276 | +216.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,856 | €50,132 | +€34,276 | +216.2% |
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 12 October 2026 via checked.be.