MCO CONSULTING: 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.
MCO CONSULTING
Largest movements
- Cash +€54,893
up €54,893 (+379%), from €14,502 to €69,394
mainly Investment in fixed assets (net) (+€50,202) and Other debts (+€17,678)
- Financial fixed assets -€52,074
down €52,074 (-99.8%), from €52,170 to €96
- Tangible fixed assets -€8,280
down €8,280 (-25.7%), from €32,262 to €23,983
- Receivables within one year -€6,447
down €6,447 (-30.6%), from €21,054 to €14,607
- Profit (loss) carried forward -€22,045
down €22,045 (-39.4%), from €55,910 to €33,865
- Other debts +€17,678
up €17,678 (+96.6%), from €18,306 to €35,985
- Debts after one year -€8,256
down €8,256 (-66.2%), from €12,476 to €4,220
- Tax, wage and social debts +€1,613
up €1,613 (+30.0%), from €5,383 to €6,996
of which Remuneration and social security: +€1,695
- Gross operating margin -€27,978
down €27,978 (-55.3%), from €50,621 to €22,643
- Taxes -€6,857
down €6,857 (-62.3%), from €11,015 to €4,157
- Financial income +€5,140
new in 2025: €5,140
- Other operating charges -€917
down €917 (-51.2%), from €1,792 to €874
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 | €120,754 | €109,514 | -€11,240 | -9.3% |
| Fixed assets | 21/28 | €84,433 | €24,079 | -€60,354 | -71.5% |
| Tangible fixed assets | 22/27 | €32,262 | €23,983 | -€8,280 | -25.7% |
| Furniture and vehicles | 24 | €32,262 | €23,983 | -€8,280 | -25.7% |
| Financial fixed assets | 28 | €52,170 | €96 | -€52,074 | -99.8% |
| Current assets | 29/58 | €36,321 | €85,435 | +€49,114 | +135% |
| Amounts receivable within one year | 40/41 | €21,054 | €14,607 | -€6,447 | -30.6% |
| Trade receivables | 40 | €21,054 | €14,607 | -€6,447 | -30.6% |
| Cash at bank and in hand | 54/58 | €14,502 | €69,394 | +€54,893 | +379% |
| Deferred charges and accrued income | 490/1 | €765 | €1,434 | +€668 | +87.3% |
| Total equity and liabilities | 10/49 | €120,754 | €109,514 | -€11,240 | -9.3% |
| Equity | 10/15 | €75,288 | €53,243 | -€22,045 | -29.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €778 | €778 | = | 0.0% |
| Non-distributable reserves | 130/1 | €778 | €778 | = | 0.0% |
| Reserves not available under the articles | 1311 | €778 | €778 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,910 | €33,865 | -€22,045 | -39.4% |
| Amounts payable | 17/49 | €45,466 | €56,271 | +€10,805 | +23.8% |
| Amounts payable after more than one year | 17 | €12,476 | €4,220 | -€8,256 | -66.2% |
| Financial debts | 170/4 | €12,476 | €4,220 | -€8,256 | -66.2% |
| Amounts payable within one year | 42/48 | €32,990 | €52,051 | +€19,061 | +57.8% |
| Current portion of amounts payable after more than one year | 42 | €8,016 | €8,256 | +€240 | +3.0% |
| Trade debts | 44 | €1,285 | €814 | -€470 | -36.6% |
| Suppliers | 440/4 | €1,285 | €814 | -€470 | -36.6% |
| Taxes, remuneration and social security | 45 | €5,383 | €6,996 | +€1,613 | +30.0% |
| Taxes | 450/3 | €5,383 | €5,301 | -€82 | -1.5% |
| Remuneration and social security | 454/9 | - | €1,695 | +€1,695 | |
| Other amounts payable | 47/48 | €18,306 | €35,985 | +€17,678 | +96.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,899 | €10,153 | +€253 | +2.6% |
| Other operating charges | 640/8 | €1,792 | €874 | -€917 | -51.2% |
| Non-recurring operating charges | 66A | - | €23 | +€23 | |
| Gross operating margin | 9900 | €50,621 | €22,643 | -€27,978 | -55.3% |
| Operating profit (loss) | 9901 | €38,930 | €11,593 | -€27,337 | -70.2% |
| Financial income | 75/76B | - | €5,140 | +€5,140 | |
| Recurring financial income | 75 | - | €5,140 | +€5,140 | |
| Financial charges | 65/66B | €832 | €621 | -€211 | -25.4% |
| Recurring financial charges | 65 | €832 | €621 | -€211 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €38,098 | €16,112 | -€21,986 | -57.7% |
| Income taxes | 67/77 | €11,015 | €4,157 | -€6,857 | -62.3% |
| Profit (loss) for the period | 9904 | €27,084 | €11,955 | -€15,129 | -55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,084 | €11,955 | -€15,129 | -55.9% |
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 23 October 2026 via checked.be.