MCS EVENTS: 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 EVENTS
Largest movements
- Cash +€10,212
up €10,212 (+66.9%), from €15,267 to €25,478
mainly Net result for the year (+€15,682) and Depreciation (+€5,110)
- Tangible fixed assets -€3,183
down €3,183 (-6.6%), from €48,497 to €45,314
- Deferred charges and accrued income +€1,012
up €1,012 (+74.2%), from €1,363 to €2,375
- Reserves +€10,808
new in 2025: €10,808
- Tax, wage and social debts -€9,887
down €9,887 (-45.5%), from €21,747 to €11,860
of which Remuneration and social security: -€10,642
- Profit (loss) carried forward +€4,874
no longer reported in 2025 (was -€4,874)
- Advances received +€4,145
new in 2025: €4,145
- Trade debts -€3,697
down €3,697 (-67.8%), from €5,453 to €1,756
- Staff costs -€55,482
down €55,482 (-72.0%), from €77,057 to €21,575
- Gross operating margin -€24,607
down €24,607 (-30.9%), from €79,574 to €54,967
- Other operating charges +€4,975
up €4,975 (+148%), from €3,363 to €8,338
- Taxes +€4,389
new in 2025: €4,389
- Depreciation +€3,607
up €3,607 (+240%), from €1,503 to €5,110
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 | €67,326 | €74,658 | +€7,332 | +10.9% |
| Fixed assets | 21/28 | €48,497 | €45,314 | -€3,183 | -6.6% |
| Tangible fixed assets | 22/27 | €48,497 | €45,314 | -€3,183 | -6.6% |
| Plant, machinery and equipment | 23 | €48,497 | €45,314 | -€3,183 | -6.6% |
| Current assets | 29/58 | €18,829 | €29,344 | +€10,515 | +55.8% |
| Amounts receivable within one year | 40/41 | €2,199 | €1,491 | -€709 | -32.2% |
| Trade receivables | 40 | €1,860 | €1,491 | -€369 | -19.9% |
| Other amounts receivable | 41 | €339 | - | -€339 | |
| Cash at bank and in hand | 54/58 | €15,267 | €25,478 | +€10,212 | +66.9% |
| Deferred charges and accrued income | 490/1 | €1,363 | €2,375 | +€1,012 | +74.2% |
| Total equity and liabilities | 10/49 | €67,326 | €74,658 | +€7,332 | +10.9% |
| Equity | 10/15 | €5,126 | €20,808 | +€15,682 | +306% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €10,808 | +€10,808 | |
| Distributable reserves | 133 | - | €10,808 | +€10,808 | |
| Profit (loss) carried forward | 14 | -€4,874 | - | +€4,874 | |
| Amounts payable | 17/49 | €62,201 | €53,850 | -€8,350 | -13.4% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 175 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €52,201 | €43,850 | -€8,350 | -16.0% |
| Trade debts | 44 | €5,453 | €1,756 | -€3,697 | -67.8% |
| Suppliers | 440/4 | €5,453 | €1,756 | -€3,697 | -67.8% |
| Advances received on contracts in progress | 46 | - | €4,145 | +€4,145 | |
| Taxes, remuneration and social security | 45 | €21,747 | €11,860 | -€9,887 | -45.5% |
| Taxes | 450/3 | €8,816 | €9,571 | +€755 | +8.6% |
| Remuneration and social security | 454/9 | €12,931 | €2,289 | -€10,642 | -82.3% |
| Other amounts payable | 47/48 | €25,000 | €26,089 | +€1,089 | +4.4% |
| Remuneration, social security and pensions | 62 | €77,057 | €21,575 | -€55,482 | -72.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,503 | €5,110 | +€3,607 | +240% |
| Other operating charges | 640/8 | €3,363 | €8,338 | +€4,975 | +148% |
| Gross operating margin | 9900 | €79,574 | €54,967 | -€24,607 | -30.9% |
| Operating profit (loss) | 9901 | -€2,349 | €19,944 | +€22,293 | |
| Financial income | 75/76B | €754 | €1,182 | +€429 | +56.8% |
| Recurring financial income | 75 | €754 | €1,182 | +€429 | +56.8% |
| Financial charges | 65/66B | €3,279 | €1,055 | -€2,223 | -67.8% |
| Recurring financial charges | 65 | €3,279 | €1,055 | -€2,223 | -67.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,874 | €20,071 | +€24,945 | |
| Income taxes | 67/77 | - | €4,389 | +€4,389 | |
| Profit (loss) for the period | 9904 | -€4,874 | €15,682 | +€20,556 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,874 | €15,682 | +€20,556 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.