MCGUY: 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.
MCGUY
Largest movements
- Tangible fixed assets -€6,047
down €6,047 (-72.2%), from €8,378 to €2,331
of which Land and buildings: -€5,522
- Cash -€2,814
down €2,814 (-50.0%), from €5,624 to €2,810
mainly Net result for the year (-€3,277) and Debts after one year (-€2,139)
- Receivables within one year +€1,265
up €1,265 (+22.2%), from €5,698 to €6,963
of which Trade receivables: +€2,686
- Profit (loss) carried forward -€3,277
down €3,277 (-16.9%), from -€19,419 to -€22,697
- Debts after one year -€2,139
down €2,139 (-17.9%), from €11,940 to €9,801
- Trade debts -€2,074
down €2,074 (-29.3%), from €7,084 to €5,010
- Depreciation -€1,763
down €1,763 (-72.4%), from €2,436 to €673
- Other operating charges +€1,616
up €1,616 (+82.4%), from €1,962 to €3,578
- Gross operating margin +€1,051
up €1,051 (+223%), from €472 to €1,523
- Financial charges -€108
down €108 (-30.6%), from €354 to €245
- Taxes +€70
up €70 (+29.3%), from €237 to €307
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 | €21,301 | €13,867 | -€7,434 | -34.9% |
| Fixed assets | 21/28 | €8,488 | €2,441 | -€6,047 | -71.2% |
| Tangible fixed assets | 22/27 | €8,378 | €2,331 | -€6,047 | -72.2% |
| Land and buildings | 22 | €5,671 | €149 | -€5,522 | -97.4% |
| Plant, machinery and equipment | 23 | €2,057 | €1,533 | -€524 | -25.5% |
| Furniture and vehicles | 24 | €650 | €650 | = | 0.0% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €12,813 | €11,426 | -€1,387 | -10.8% |
| Amounts receivable within one year | 40/41 | €5,698 | €6,963 | +€1,265 | +22.2% |
| Trade receivables | 40 | €1,584 | €4,270 | +€2,686 | +170% |
| Other amounts receivable | 41 | €4,114 | €2,693 | -€1,422 | -34.6% |
| Cash at bank and in hand | 54/58 | €5,624 | €2,810 | -€2,814 | -50.0% |
| Deferred charges and accrued income | 490/1 | €1,491 | €1,653 | +€162 | +10.9% |
| Total equity and liabilities | 10/49 | €21,301 | €13,867 | -€7,434 | -34.9% |
| Equity | 10/15 | €1,620 | -€1,658 | -€3,277 | |
| Contributions | 10/11 | €12,397 | €12,397 | = | 0.0% |
| Reserves | 13 | €8,642 | €8,642 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €3,642 | €3,642 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,419 | -€22,697 | -€3,277 | -16.9% |
| Amounts payable | 17/49 | €19,681 | €15,525 | -€4,156 | -21.1% |
| Amounts payable after more than one year | 17 | €11,940 | €9,801 | -€2,139 | -17.9% |
| Other amounts payable | 178/9 | €11,940 | €9,801 | -€2,139 | -17.9% |
| Amounts payable within one year | 42/48 | €7,741 | €5,724 | -€2,017 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | €509 | €505 | -€4 | -0.8% |
| Trade debts | 44 | €7,084 | €5,010 | -€2,074 | -29.3% |
| Suppliers | 440/4 | €7,084 | €5,010 | -€2,074 | -29.3% |
| Taxes, remuneration and social security | 45 | €148 | €209 | +€61 | +41.0% |
| Taxes | 450/3 | €148 | €209 | +€61 | +41.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,436 | €673 | -€1,763 | -72.4% |
| Other operating charges | 640/8 | €1,962 | €3,578 | +€1,616 | +82.4% |
| Gross operating margin | 9900 | €472 | €1,523 | +€1,051 | +223% |
| Operating profit (loss) | 9901 | -€3,926 | -€2,728 | +€1,198 | +30.5% |
| Financial income | 75/76B | €5 | €3 | -€1 | -28.9% |
| Recurring financial income | 75 | €5 | €3 | -€1 | -28.9% |
| Financial charges | 65/66B | €354 | €245 | -€108 | -30.6% |
| Recurring financial charges | 65 | €354 | €245 | -€108 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,275 | -€2,970 | +€1,305 | +30.5% |
| Income taxes | 67/77 | €237 | €307 | +€70 | +29.3% |
| Profit (loss) for the period | 9904 | -€4,513 | -€3,277 | +€1,235 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,513 | -€3,277 | +€1,235 | +27.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.