MCS Dauwe: 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 Dauwe
Largest movements
- Cash -€29,512
down €29,512 (-24.3%), from €121,427 to €91,916
mainly Contributions, distributions and other (-€140,347) and Tax, wage and social debts (-€26,415)
- Profit (loss) carried forward -€72,209
down €72,209 (-100%), from €72,209 to €0
- Other debts +€68,073
up €68,073 (+8,096%), from €841 to €68,913
- Tax, wage and social debts -€26,415
down €26,415 (-77.0%), from €34,322 to €7,907
of which Taxes: -€24,287
- Current portion of long-term debt -€2,865
down €2,865 (-100%), from €2,865 to €0
- Trade debts +€2,646
up €2,646 (+177%), from €1,498 to €4,144
- Taxes +€6,389
up €6,389 (+30.8%), from €20,756 to €27,146
- Financial income +€1,312
up €1,312 (+382%), from €344 to €1,656
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €197,251 | €166,481 | -€30,770 | -15.6% |
| Fixed assets | 21/28 | €4,733 | €3,388 | -€1,345 | -28.4% |
| Tangible fixed assets | 22/27 | €4,733 | €3,388 | -€1,345 | -28.4% |
| Furniture and vehicles | 24 | €4,733 | €3,388 | -€1,345 | -28.4% |
| Current assets | 29/58 | €192,518 | €163,093 | -€29,425 | -15.3% |
| Amounts receivable within one year | 40/41 | €18,866 | €19,288 | +€422 | +2.2% |
| Trade receivables | 40 | €18,866 | €18,937 | +€71 | +0.4% |
| Other amounts receivable | 41 | - | €351 | +€351 | |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €121,427 | €91,916 | -€29,512 | -24.3% |
| Deferred charges and accrued income | 490/1 | €2,225 | €1,889 | -€336 | -15.1% |
| Total equity and liabilities | 10/49 | €197,251 | €166,481 | -€30,770 | -15.6% |
| Equity | 10/15 | €157,725 | €85,516 | -€72,209 | -45.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €83,016 | €83,016 | = | 0.0% |
| Distributable reserves | 133 | €83,016 | €83,016 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,209 | €0 | -€72,209 | -100% |
| Amounts payable | 17/49 | €39,526 | €80,965 | +€41,439 | +105% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €39,526 | €80,965 | +€41,439 | +105% |
| Current portion of amounts payable after more than one year | 42 | €2,865 | €0 | -€2,865 | -100% |
| Trade debts | 44 | €1,498 | €4,144 | +€2,646 | +177% |
| Suppliers | 440/4 | €1,498 | €4,144 | +€2,646 | +177% |
| Taxes, remuneration and social security | 45 | €34,322 | €7,907 | -€26,415 | -77.0% |
| Taxes | 450/3 | €32,194 | €7,907 | -€24,287 | -75.4% |
| Remuneration and social security | 454/9 | €2,128 | €0 | -€2,128 | -100% |
| Other amounts payable | 47/48 | €841 | €68,913 | +€68,073 | +8,096% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,345 | €1,345 | = | 0.0% |
| Other operating charges | 640/8 | €664 | €1,013 | +€350 | +52.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €95,973 | €96,669 | +€696 | +0.7% |
| Operating profit (loss) | 9901 | €93,964 | €94,311 | +€346 | +0.4% |
| Financial income | 75/76B | €344 | €1,656 | +€1,312 | +382% |
| Recurring financial income | 75 | €344 | €1,656 | +€1,312 | +382% |
| Financial charges | 65/66B | €1,342 | €683 | -€659 | -49.1% |
| Recurring financial charges | 65 | €1,342 | €683 | -€659 | -49.1% |
| Profit (loss) for the period before taxes | 9903 | €92,966 | €95,283 | +€2,318 | +2.5% |
| Income taxes | 67/77 | €20,756 | €27,146 | +€6,389 | +30.8% |
| Profit (loss) for the period | 9904 | €72,209 | €68,137 | -€4,072 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,209 | €68,137 | -€4,072 | -5.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.