MCEXPERT: 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.
MCEXPERT
Largest movements
- Tangible fixed assets -€18,001
down €18,001 (-3.0%), from €603,936 to €585,936
of which Land and buildings: -€17,265
- Cash -€11,524
no longer reported in 2024 (was €11,524)
mainly Debts after one year (-€22,923) and Receivables within one year (-€10,738)
- Receivables within one year +€10,738
up €10,738 (+38.3%), from €28,002 to €38,740
of which Trade receivables: +€12,825
- Debts after one year -€22,923
down €22,923 (-5.8%), from €395,377 to €372,454
- Tax, wage and social debts +€9,064
up €9,064 (+135%), from €6,716 to €15,780
of which Taxes: +€4,933
- Other debts -€8,337
down €8,337 (-43.1%), from €19,337 to €11,000
- Taxes +€15,871
new in 2024: €15,871
- Other operating charges -€9,530
down €9,530 (-69.9%), from €13,633 to €4,103
- Gross operating margin +€5,922
up €5,922 (+7.9%), from €74,623 to €80,545
- Staff costs -€1,754
down €1,754 (-5.5%), from €31,872 to €30,118
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 | €645,520 | €626,135 | -€19,385 | -3.0% |
| Fixed assets | 21/28 | €603,936 | €585,936 | -€18,001 | -3.0% |
| Tangible fixed assets | 22/27 | €603,936 | €585,936 | -€18,001 | -3.0% |
| Land and buildings | 22 | €585,085 | €567,820 | -€17,265 | -3.0% |
| Plant, machinery and equipment | 23 | €17,958 | €17,435 | -€522 | -2.9% |
| Furniture and vehicles | 24 | €894 | €680 | -€213 | -23.9% |
| Current assets | 29/58 | €41,584 | €40,200 | -€1,384 | -3.3% |
| Amounts receivable within one year | 40/41 | €28,002 | €38,740 | +€10,738 | +38.3% |
| Trade receivables | 40 | €15,525 | €28,350 | +€12,825 | +82.6% |
| Other amounts receivable | 41 | €12,477 | €10,390 | -€2,087 | -16.7% |
| Cash at bank and in hand | 54/58 | €11,524 | - | -€11,524 | |
| Deferred charges and accrued income | 490/1 | €2,058 | €1,460 | -€599 | -29.1% |
| Total equity and liabilities | 10/49 | €645,520 | €626,135 | -€19,385 | -3.0% |
| Equity | 10/15 | €194,985 | €195,505 | +€520 | +0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €188,785 | €189,305 | +€520 | +0.3% |
| Amounts payable | 17/49 | €450,535 | €430,630 | -€19,905 | -4.4% |
| Amounts payable after more than one year | 17 | €395,377 | €372,454 | -€22,923 | -5.8% |
| Financial debts | 170/4 | €395,377 | €372,454 | -€22,923 | -5.8% |
| Amounts payable within one year | 42/48 | €55,158 | €58,176 | +€3,018 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €22,396 | €22,923 | +€527 | +2.4% |
| Financial debts | 43 | - | €4,150 | +€4,150 | |
| Credit institutions | 430/8 | - | €4,150 | +€4,150 | |
| Trade debts | 44 | €6,708 | €4,323 | -€2,386 | -35.6% |
| Suppliers | 440/4 | €6,708 | €4,323 | -€2,386 | -35.6% |
| Taxes, remuneration and social security | 45 | €6,716 | €15,780 | +€9,064 | +135% |
| Taxes | 450/3 | €26 | €4,960 | +€4,933 | +18,887% |
| Remuneration and social security | 454/9 | €6,690 | €10,821 | +€4,131 | +61.7% |
| Other amounts payable | 47/48 | €19,337 | €11,000 | -€8,337 | -43.1% |
| Remuneration, social security and pensions | 62 | €31,872 | €30,118 | -€1,754 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,626 | €19,770 | +€144 | +0.7% |
| Other operating charges | 640/8 | €13,633 | €4,103 | -€9,530 | -69.9% |
| Gross operating margin | 9900 | €74,623 | €80,545 | +€5,922 | +7.9% |
| Operating profit (loss) | 9901 | €9,492 | €26,554 | +€17,062 | +180% |
| Financial income | 75/76B | €0 | €2 | +€2 | +21,600% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +21,600% |
| Financial charges | 65/66B | €9,825 | €10,165 | +€340 | +3.5% |
| Recurring financial charges | 65 | €9,825 | €10,165 | +€340 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€333 | €16,391 | +€16,724 | |
| Income taxes | 67/77 | - | €15,871 | +€15,871 | |
| Profit (loss) for the period | 9904 | -€333 | €520 | +€853 | |
| Profit (loss) for the period to be appropriated | 9905 | -€333 | €520 | +€853 |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.