MCB RENOVATION: 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.
MCB RENOVATION
Largest movements
- Tangible fixed assets +€8,481
up €8,481 (+451%), from €1,881 to €10,362
of which Furniture and vehicles: +€9,373
- Receivables within one year +€4,881
up €4,881 (+14.6%), from €33,364 to €38,245
of which Other amounts receivable: +€4,881
- Deferred charges and accrued income +€1,152
up €1,152 (+311%), from €370 to €1,522
- Cash +€1,121
up €1,121 (+9.0%), from €12,468 to €13,589
mainly Other debts (+€5,985) and Net result for the year (+€5,548)
- Other debts +€5,985
up €5,985 (+132%), from €4,534 to €10,519
- Profit (loss) carried forward +€5,548
up €5,548 (+22.2%), from €25,038 to €30,586
- Debts after one year +€5,482
new in 2024: €5,482
- Current portion of long-term debt +€3,225
new in 2024: €3,225
- Tax, wage and social debts -€2,770
down €2,770 (-64.3%), from €4,311 to €1,541
- Gross operating margin -€11,312
down €11,312 (-48.8%), from €23,171 to €11,858
- Taxes -€2,723
down €2,723 (-58.2%), from €4,680 to €1,957
- Depreciation +€2,170
up €2,170 (+319%), from €680 to €2,850
- Other operating charges +€793
up €793 (+794%), from €100 to €893
- Financial charges +€525
up €525 (+561%), from €94 to €618
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.
Derived cash bridge
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 | €48,483 | €64,118 | +€15,635 | +32.2% |
| Fixed assets | 21/28 | €2,281 | €10,762 | +€8,481 | +372% |
| Tangible fixed assets | 22/27 | €1,881 | €10,362 | +€8,481 | +451% |
| Plant, machinery and equipment | 23 | €1,881 | €988 | -€893 | -47.5% |
| Furniture and vehicles | 24 | - | €9,373 | +€9,373 | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €46,203 | €53,356 | +€7,154 | +15.5% |
| Amounts receivable within one year | 40/41 | €33,364 | €38,245 | +€4,881 | +14.6% |
| Trade receivables | 40 | €31,575 | €31,575 | = | 0.0% |
| Other amounts receivable | 41 | €1,790 | €6,671 | +€4,881 | +273% |
| Cash at bank and in hand | 54/58 | €12,468 | €13,589 | +€1,121 | +9.0% |
| Deferred charges and accrued income | 490/1 | €370 | €1,522 | +€1,152 | +311% |
| Total equity and liabilities | 10/49 | €48,483 | €64,118 | +€15,635 | +32.2% |
| Equity | 10/15 | €29,038 | €34,586 | +€5,548 | +19.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,038 | €30,586 | +€5,548 | +22.2% |
| Amounts payable | 17/49 | €19,446 | €29,532 | +€10,087 | +51.9% |
| Amounts payable after more than one year | 17 | - | €5,482 | +€5,482 | |
| Financial debts | 170/4 | - | €5,482 | +€5,482 | |
| Amounts payable within one year | 42/48 | €19,446 | €24,022 | +€4,577 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | - | €3,225 | +€3,225 | |
| Trade debts | 44 | €1,866 | €3 | -€1,863 | -99.8% |
| Suppliers | 440/4 | €1,866 | €3 | -€1,863 | -99.8% |
| Advances received on contracts in progress | 46 | €8,734 | €8,734 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,311 | €1,541 | -€2,770 | -64.3% |
| Taxes | 450/3 | €4,311 | €1,541 | -€2,770 | -64.3% |
| Other amounts payable | 47/48 | €4,534 | €10,519 | +€5,985 | +132% |
| Accrued charges and deferred income | 492/3 | - | €28 | +€28 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €680 | €2,850 | +€2,170 | +319% |
| Other operating charges | 640/8 | €100 | €893 | +€793 | +794% |
| Gross operating margin | 9900 | €23,171 | €11,858 | -€11,312 | -48.8% |
| Operating profit (loss) | 9901 | €22,391 | €8,115 | -€14,276 | -63.8% |
| Financial income | 75/76B | €90 | €8 | -€82 | -90.7% |
| Recurring financial income | 75 | €90 | €8 | -€82 | -90.7% |
| Financial charges | 65/66B | €94 | €618 | +€525 | +561% |
| Recurring financial charges | 65 | €94 | €618 | +€525 | +561% |
| Profit (loss) for the period before taxes | 9903 | €22,387 | €7,505 | -€14,882 | -66.5% |
| Income taxes | 67/77 | €4,680 | €1,957 | -€2,723 | -58.2% |
| Profit (loss) for the period | 9904 | €17,707 | €5,548 | -€12,160 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,707 | €5,548 | -€12,160 | -68.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.