MCS ADVISORY: 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.
MCS ADVISORY
Largest movements
- Cash +€4,429
up €4,429 (+34.8%), from €12,712 to €17,142
mainly Receivables within one year (+€4,055) and Other debts (+€2,030)
- Receivables within one year -€4,055
no longer reported in 2025 (was €4,055)
- Other debts +€2,030
new in 2025: €2,030
- Profit (loss) carried forward -€1,656
down €1,656 (-90.4%), from -€1,832 to -€3,488
- Gross operating margin +€841
up €841 (+58.2%), from -€1,446 to -€605
- Other operating charges +€789
up €789 (+1236.6%), from €64 to €853
- Depreciation -€121
no longer reported in 2025 (was €121)
- Financial charges -€26
down €26 (-11.6%), from €224 to €198
- Financial income -€23
no longer reported in 2025 (was €23)
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.
Cash bridge derived
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 | €16,768 | €17,142 | +€374 | +2.2% |
| Current assets | 29/58 | €16,768 | €17,142 | +€374 | +2.2% |
| Amounts receivable within one year | 40/41 | €4,055 | - | -€4,055 | |
| Other amounts receivable | 41 | €4,055 | - | -€4,055 | |
| Cash at bank and in hand | 54/58 | €12,712 | €17,142 | +€4,429 | +34.8% |
| Total equity and liabilities | 10/49 | €16,768 | €17,142 | +€374 | +2.2% |
| Equity | 10/15 | €16,768 | €15,112 | -€1,656 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,832 | -€3,488 | -€1,656 | -90.4% |
| Amounts payable | 17/49 | - | €2,030 | +€2,030 | |
| Amounts payable within one year | 42/48 | - | €2,030 | +€2,030 | |
| Other amounts payable | 47/48 | - | €2,030 | +€2,030 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121 | - | -€121 | |
| Other operating charges | 640/8 | €64 | €853 | +€789 | +1236.6% |
| Gross operating margin | 9900 | -€1,446 | -€605 | +€841 | +58.2% |
| Operating profit (loss) | 9901 | -€1,631 | -€1,458 | +€173 | +10.6% |
| Financial income | 75/76B | €23 | - | -€23 | |
| Recurring financial income | 75 | €23 | - | -€23 | |
| Financial charges | 65/66B | €224 | €198 | -€26 | -11.6% |
| Recurring financial charges | 65 | €224 | €198 | -€26 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,832 | -€1,656 | +€176 | +9.6% |
| Profit (loss) for the period | 9904 | -€1,832 | -€1,656 | +€176 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,832 | -€1,656 | +€176 | +9.6% |
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 10 October 2026 via checked.be.