MCH Operations: what changed
Two fiscal 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.
MCH Operations
Largest movements
- Receivables within one year +€9,546
up €9,546 (+132.7%), from €7,193 to €16,739
of which Trade receivables: +€8,335
- Cash +€3,871
up €3,871 (+91.9%), from €4,213 to €8,084
mainly Advances received (+€9,600) and Other debts (+€3,083)
- Tangible fixed assets -€2,205
down €2,205 (-23.6%), from €9,336 to €7,131
of which Other tangible fixed assets: -€1,608
- Advances received +€9,600
up €9,600 (+120.0%), from €8,000 to €17,600
- Other debts +€3,083
up €3,083 (+21.0%), from €14,714 to €17,797
- Profit (loss) carried forward -€1,270
down €1,270 (-38.7%), from -€3,282 to -€4,552
- Gross operating margin +€2,673
up €2,673, from -€1,116 to €1,557
- Depreciation +€525
up €525 (+31.3%), from €1,679 to €2,205
- Other operating charges +€164
up €164 (+42.8%), from €384 to €549
- Financial charges -€29
down €29 (-27.9%), from €102 to €74
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.
Cash bridge derived
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 | €20,742 | €31,954 | +€11,212 | +54.1% |
| Fixed assets | 21/28 | €9,336 | €7,131 | -€2,205 | -23.6% |
| Tangible fixed assets | 22/27 | €9,336 | €7,131 | -€2,205 | -23.6% |
| Plant, machinery and equipment | 23 | €2,476 | €1,880 | -€597 | -24.1% |
| Other tangible fixed assets | 26 | €6,859 | €5,251 | -€1,608 | -23.4% |
| Current assets | 29/58 | €11,406 | €24,823 | +€13,417 | +117.6% |
| Amounts receivable within one year | 40/41 | €7,193 | €16,739 | +€9,546 | +132.7% |
| Trade receivables | 40 | €6,612 | €14,947 | +€8,335 | +126.1% |
| Other amounts receivable | 41 | €582 | €1,792 | +€1,211 | +208.2% |
| Cash at bank and in hand | 54/58 | €4,213 | €8,084 | +€3,871 | +91.9% |
| Total equity and liabilities | 10/49 | €20,742 | €31,954 | +€11,212 | +54.1% |
| Equity | 10/15 | -€2,982 | -€4,252 | -€1,270 | -42.6% |
| Contributions | 10/11 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,282 | -€4,552 | -€1,270 | -38.7% |
| Amounts payable | 17/49 | €23,724 | €36,206 | +€12,482 | +52.6% |
| Amounts payable within one year | 42/48 | €23,724 | €36,206 | +€12,482 | +52.6% |
| Trade debts | 44 | €1,005 | €804 | -€201 | -20.0% |
| Suppliers | 440/4 | €1,005 | €804 | -€201 | -20.0% |
| Advances received on contracts in progress | 46 | €8,000 | €17,600 | +€9,600 | +120.0% |
| Taxes, remuneration and social security | 45 | €5 | €5 | +€0 | +9.5% |
| Taxes | 450/3 | €5 | €5 | +€0 | +9.5% |
| Other amounts payable | 47/48 | €14,714 | €17,797 | +€3,083 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,679 | €2,205 | +€525 | +31.3% |
| Other operating charges | 640/8 | €384 | €549 | +€164 | +42.8% |
| Gross operating margin | 9900 | -€1,116 | €1,557 | +€2,673 | |
| Operating profit (loss) | 9901 | -€3,180 | -€1,197 | +€1,983 | +62.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €102 | €74 | -€29 | -27.9% |
| Recurring financial charges | 65 | €102 | €74 | -€29 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,282 | -€1,270 | +€2,013 | +61.3% |
| Profit (loss) for the period | 9904 | -€3,282 | -€1,270 | +€2,013 | +61.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,282 | -€1,270 | +€2,013 | +61.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.