MCMod: 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.
MCMod
Largest movements
- Receivables within one year -€6,701
down €6,701 (-25.9%), from €25,894 to €19,193
of which Trade receivables: -€6,839
- Tax, wage and social debts -€4,182
down €4,182 (-100%), from €4,182 to €0
- Profit (loss) carried forward -€1,607
down €1,607 (-41.1%), from -€3,914 to -€5,521
- Trade debts -€958
down €958 (-68.0%), from €1,409 to €452
- Gross operating margin -€19,774
down €19,774, from €18,544 to -€1,230
- Depreciation -€3,468
no longer reported in 2025 (was €3,468)
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 | €26,278 | €19,531 | -€6,747 | -25.7% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €26,278 | €19,531 | -€6,747 | -25.7% |
| Amounts receivable within one year | 40/41 | €25,894 | €19,193 | -€6,701 | -25.9% |
| Trade receivables | 40 | €25,894 | €19,055 | -€6,839 | -26.4% |
| Other amounts receivable | 41 | €0 | €138 | +€138 | |
| Cash at bank and in hand | 54/58 | €384 | €338 | -€46 | -11.9% |
| Total equity and liabilities | 10/49 | €26,278 | €19,531 | -€6,747 | -25.7% |
| Equity | 10/15 | €20,586 | €18,979 | -€1,607 | -7.8% |
| Contributions | 10/11 | €24,500 | €24,500 | = | 0.0% |
| Capital | 10 | €1,500 | €1,500 | = | 0.0% |
| Issued capital | 100 | €1,500 | €1,500 | = | 0.0% |
| Contributions outside capital | 11 | €23,000 | €23,000 | = | 0.0% |
| Share premium | 1100/10 | €23,000 | €23,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,914 | -€5,521 | -€1,607 | -41.1% |
| Amounts payable | 17/49 | €5,691 | €552 | -€5,140 | -90.3% |
| Amounts payable within one year | 42/48 | €5,691 | €552 | -€5,140 | -90.3% |
| Trade debts | 44 | €1,409 | €452 | -€958 | -68.0% |
| Suppliers | 440/4 | €1,409 | €452 | -€958 | -68.0% |
| Taxes, remuneration and social security | 45 | €4,182 | €0 | -€4,182 | -100% |
| Taxes | 450/3 | €4,182 | €0 | -€4,182 | -100% |
| Other amounts payable | 47/48 | €100 | €100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,468 | - | -€3,468 | |
| Other operating charges | 640/8 | €103 | €237 | +€134 | +131% |
| Gross operating margin | 9900 | €18,544 | -€1,230 | -€19,774 | |
| Operating profit (loss) | 9901 | €14,973 | -€1,467 | -€16,440 | |
| Financial charges | 65/66B | €192 | €140 | -€52 | -27.1% |
| Recurring financial charges | 65 | €192 | €140 | -€52 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €14,781 | -€1,607 | -€16,388 | |
| Profit (loss) for the period | 9904 | €14,781 | -€1,607 | -€16,388 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,781 | -€1,607 | -€16,388 |
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 15 October 2026 via checked.be.