MCO & CO: 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.
MCO & CO
Largest movements
- Cash +€20,550
up €20,550 (+91.3%), from €22,500 to €43,050
mainly Net result for the year (+€20,881) and Receivables within one year (+€2,699)
- Receivables within one year -€2,699
down €2,699 (-5.6%), from €48,124 to €45,425
of which Trade receivables: -€11,495
- Deferred charges and accrued income +€1,370
up €1,370, from €0 to €1,370
- Tangible fixed assets +€1,214
new in 2024: €1,214
- Profit (loss) carried forward +€20,881
up €20,881 (+44.0%), from €47,489 to €68,369
- Gross operating margin -€17,228
down €17,228 (-37.8%), from €45,603 to €28,375
- Taxes -€3,326
down €3,326 (-35.5%), from €9,374 to €6,048
- Financial income +€1,157
up €1,157 (+94.9%), from €1,218 to €2,375
- Other operating charges -€766
down €766 (-68.0%), from €1,126 to €361
- Depreciation +€495
new in 2024: €495
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 | €80,624 | €101,059 | +€20,435 | +25.3% |
| Fixed assets | 21/28 | - | €1,214 | +€1,214 | |
| Tangible fixed assets | 22/27 | - | €1,214 | +€1,214 | |
| Furniture and vehicles | 24 | - | €1,214 | +€1,214 | |
| Current assets | 29/58 | €80,624 | €99,845 | +€19,221 | +23.8% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €48,124 | €45,425 | -€2,699 | -5.6% |
| Trade receivables | 40 | €22,990 | €11,495 | -€11,495 | -50.0% |
| Other amounts receivable | 41 | €25,134 | €33,930 | +€8,796 | +35.0% |
| Cash at bank and in hand | 54/58 | €22,500 | €43,050 | +€20,550 | +91.3% |
| Deferred charges and accrued income | 490/1 | €0 | €1,370 | +€1,370 | |
| Total equity and liabilities | 10/49 | €80,624 | €101,059 | +€20,435 | +25.3% |
| Equity | 10/15 | €49,989 | €70,869 | +€20,881 | +41.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,489 | €68,369 | +€20,881 | +44.0% |
| Amounts payable | 17/49 | €30,635 | €30,189 | -€446 | -1.5% |
| Amounts payable within one year | 42/48 | €29,635 | €29,189 | -€446 | -1.5% |
| Trade debts | 44 | €2,329 | €2,841 | +€512 | +22.0% |
| Suppliers | 440/4 | €2,329 | €2,841 | +€512 | +22.0% |
| Taxes, remuneration and social security | 45 | €27,306 | €26,348 | -€958 | -3.5% |
| Taxes | 450/3 | €27,306 | €23,826 | -€3,480 | -12.7% |
| Remuneration and social security | 454/9 | - | €2,522 | +€2,522 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €495 | +€495 | |
| Other operating charges | 640/8 | €1,126 | €361 | -€766 | -68.0% |
| Gross operating margin | 9900 | €45,603 | €28,375 | -€17,228 | -37.8% |
| Operating profit (loss) | 9901 | €44,477 | €27,519 | -€16,958 | -38.1% |
| Financial income | 75/76B | €1,218 | €2,375 | +€1,157 | +94.9% |
| Recurring financial income | 75 | €1,218 | €2,375 | +€1,157 | +94.9% |
| Financial charges | 65/66B | €2,955 | €2,965 | +€10 | +0.4% |
| Recurring financial charges | 65 | €2,955 | €2,965 | +€10 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €42,740 | €26,929 | -€15,811 | -37.0% |
| Income taxes | 67/77 | €9,374 | €6,048 | -€3,326 | -35.5% |
| Profit (loss) for the period | 9904 | €33,366 | €20,881 | -€12,485 | -37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,366 | €20,881 | -€12,485 | -37.4% |
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 9 October 2026 via checked.be.