MCLV: 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.
MCLV
Largest movements
- Receivables within one year -€49,131
down €49,131 (-80.8%), from €60,829 to €11,699
of which Other amounts receivable: -€44,381
- Cash +€10,735
up €10,735 (+53.0%), from €20,260 to €30,994
mainly Receivables within one year (+€49,131) and Net result for the year (+€43,319)
- Tangible fixed assets +€6,535
up €6,535 (+365%), from €1,792 to €8,328
- Reserves -€47,331
down €47,331 (-69.4%), from €68,231 to €20,900
- Tax, wage and social debts +€9,552
up €9,552 (+49.1%), from €19,434 to €28,986
- Other debts +€5,650
new in 2025: €5,650
- Financial income -€2,055
down €2,055 (-100%), from €2,055 to €0
- Taxes -€1,987
down €1,987 (-16.1%), from €12,336 to €10,349
- Other operating charges +€1,226
up €1,226 (+317%), from €387 to €1,614
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 | €88,187 | €55,711 | -€32,476 | -36.8% |
| Fixed assets | 21/28 | €2,617 | €9,153 | +€6,535 | +250% |
| Tangible fixed assets | 22/27 | €1,792 | €8,328 | +€6,535 | +365% |
| Other tangible fixed assets | 26 | €1,792 | €8,328 | +€6,535 | +365% |
| Financial fixed assets | 28 | €825 | €825 | = | 0.0% |
| Current assets | 29/58 | €85,570 | €46,558 | -€39,011 | -45.6% |
| Amounts receivable within one year | 40/41 | €60,829 | €11,699 | -€49,131 | -80.8% |
| Trade receivables | 40 | €14,750 | €10,000 | -€4,750 | -32.2% |
| Other amounts receivable | 41 | €46,079 | €1,699 | -€44,381 | -96.3% |
| Cash at bank and in hand | 54/58 | €20,260 | €30,994 | +€10,735 | +53.0% |
| Deferred charges and accrued income | 490/1 | €4,481 | €3,866 | -€615 | -13.7% |
| Total equity and liabilities | 10/49 | €88,187 | €55,711 | -€32,476 | -36.8% |
| Equity | 10/15 | €68,331 | €21,000 | -€47,331 | -69.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €68,231 | €20,900 | -€47,331 | -69.4% |
| Distributable reserves | 133 | €68,231 | €20,900 | -€47,331 | -69.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,856 | €34,711 | +€14,855 | +74.8% |
| Amounts payable within one year | 42/48 | €19,809 | €34,711 | +€14,901 | +75.2% |
| Trade debts | 44 | €375 | €75 | -€300 | -80.1% |
| Suppliers | 440/4 | €375 | €75 | -€300 | -80.1% |
| Taxes, remuneration and social security | 45 | €19,434 | €28,986 | +€9,552 | +49.1% |
| Taxes | 450/3 | €19,434 | €28,986 | +€9,552 | +49.1% |
| Other amounts payable | 47/48 | - | €5,650 | +€5,650 | |
| Accrued charges and deferred income | 492/3 | €47 | €0 | -€47 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94 | €164 | +€71 | +75.2% |
| Other operating charges | 640/8 | €387 | €1,614 | +€1,226 | +317% |
| Gross operating margin | 9900 | €56,378 | €55,960 | -€418 | -0.7% |
| Operating profit (loss) | 9901 | €55,897 | €54,182 | -€1,715 | -3.1% |
| Financial income | 75/76B | €2,055 | €0 | -€2,055 | -100% |
| Recurring financial income | 75 | €2,055 | €0 | -€2,055 | -100% |
| Financial charges | 65/66B | €151 | €514 | +€364 | +241% |
| Recurring financial charges | 65 | €151 | €514 | +€364 | +241% |
| Profit (loss) for the period before taxes | 9903 | €57,802 | €53,668 | -€4,134 | -7.2% |
| Income taxes | 67/77 | €12,336 | €10,349 | -€1,987 | -16.1% |
| Profit (loss) for the period | 9904 | €45,466 | €43,319 | -€2,147 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,466 | €43,319 | -€2,147 | -4.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.