MCi: 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.
MCi
Largest movements
- Cash -€40,043
down €40,043 (-79.5%), from €50,396 to €10,353
mainly Tax, wage and social debts (-€29,990) and Receivables within one year (-€22,924)
- Receivables within one year +€22,924
up €22,924 (+35.0%), from €65,406 to €88,330
of which Trade receivables: +€32,837
- Tax, wage and social debts -€29,990
down €29,990 (-60.6%), from €49,499 to €19,509
of which Taxes: -€22,713
- Trade debts +€12,512
up €12,512 (+65.6%), from €19,071 to €31,583
- Debts after one year -€3,916
down €3,916 (-27.7%), from €14,156 to €10,240
- Other debts +€3,333
new in 2024: €3,333
- Gross operating margin -€122,606
down €122,606 (-78.4%), from €156,388 to €33,782
- Staff costs -€78,689
down €78,689 (-89.9%), from €87,492 to €8,803
- Taxes -€10,495
down €10,495 (-73.4%), from €14,290 to €3,795
- Financial charges +€2,817
up €2,817 (+60.4%), from €4,665 to €7,482
- Depreciation +€2,680
up €2,680 (+57.0%), from €4,701 to €7,381
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 | €144,209 | €126,742 | -€17,467 | -12.1% |
| Fixed assets | 21/28 | €28,178 | €28,059 | -€119 | -0.4% |
| Tangible fixed assets | 22/27 | €28,178 | €28,059 | -€119 | -0.4% |
| Plant, machinery and equipment | 23 | €7,600 | €9,928 | +€2,327 | +30.6% |
| Furniture and vehicles | 24 | €1,785 | €1,339 | -€446 | -25.0% |
| Other tangible fixed assets | 26 | €18,793 | €16,793 | -€2,000 | -10.6% |
| Current assets | 29/58 | €116,031 | €98,683 | -€17,348 | -15.0% |
| Amounts receivable within one year | 40/41 | €65,406 | €88,330 | +€22,924 | +35.0% |
| Trade receivables | 40 | €45,799 | €78,637 | +€32,837 | +71.7% |
| Other amounts receivable | 41 | €19,607 | €9,693 | -€9,914 | -50.6% |
| Cash at bank and in hand | 54/58 | €50,396 | €10,353 | -€40,043 | -79.5% |
| Deferred charges and accrued income | 490/1 | €228 | - | -€228 | |
| Total equity and liabilities | 10/49 | €144,209 | €126,742 | -€17,467 | -12.1% |
| Equity | 10/15 | €57,742 | €58,161 | +€419 | +0.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,742 | €55,161 | +€419 | +0.8% |
| Amounts payable | 17/49 | €86,467 | €68,581 | -€17,886 | -20.7% |
| Amounts payable after more than one year | 17 | €14,156 | €10,240 | -€3,916 | -27.7% |
| Financial debts | 170/4 | €14,156 | €10,240 | -€3,916 | -27.7% |
| Amounts payable within one year | 42/48 | €72,311 | €58,341 | -€13,970 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €3,740 | €3,916 | +€176 | +4.7% |
| Trade debts | 44 | €19,071 | €31,583 | +€12,512 | +65.6% |
| Suppliers | 440/4 | €19,071 | €31,583 | +€12,512 | +65.6% |
| Taxes, remuneration and social security | 45 | €49,499 | €19,509 | -€29,990 | -60.6% |
| Taxes | 450/3 | €40,955 | €18,242 | -€22,713 | -55.5% |
| Remuneration and social security | 454/9 | €8,545 | €1,267 | -€7,277 | -85.2% |
| Other amounts payable | 47/48 | - | €3,333 | +€3,333 | |
| Remuneration, social security and pensions | 62 | €87,492 | €8,803 | -€78,689 | -89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,701 | €7,381 | +€2,680 | +57.0% |
| Other operating charges | 640/8 | €3,483 | €5,943 | +€2,460 | +70.6% |
| Gross operating margin | 9900 | €156,388 | €33,782 | -€122,606 | -78.4% |
| Operating profit (loss) | 9901 | €60,712 | €11,655 | -€49,057 | -80.8% |
| Financial income | 75/76B | €359 | €41 | -€318 | -88.5% |
| Recurring financial income | 75 | €359 | €41 | -€318 | -88.5% |
| Financial charges | 65/66B | €4,665 | €7,482 | +€2,817 | +60.4% |
| Recurring financial charges | 65 | €4,665 | €7,482 | +€2,817 | +60.4% |
| Profit (loss) for the period before taxes | 9903 | €56,406 | €4,214 | -€52,192 | -92.5% |
| Income taxes | 67/77 | €14,290 | €3,795 | -€10,495 | -73.4% |
| Profit (loss) for the period | 9904 | €42,116 | €419 | -€41,697 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,116 | €419 | -€41,697 | -99.0% |
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 4 October 2026 via checked.be.