MCS Immo: 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.
MCS Immo
Largest movements
- Receivables within one year -€58,717
down €58,717 (-82.8%), from €70,932 to €12,215
- Receivables after one year -€19,500
down €19,500 (-16.3%), from €119,500 to €100,000
- Tangible fixed assets -€5,417
down €5,417 (-17.0%), from €31,812 to €26,394
of which Other tangible fixed assets: -€3,000
- Cash -€3,125
down €3,125 (-24.6%), from €12,724 to €9,599
mainly Other debts (-€83,233) and Trade debts (-€17,295)
- Other debts -€83,233
down €83,233 (-99.0%), from €84,068 to €834
- Profit (loss) carried forward +€23,051
up €23,051 (+100.1%), from €23,026 to €46,077
- Trade debts -€17,295
down €17,295 (-49.2%), from €35,148 to €17,853
- Tax, wage and social debts -€15,482
down €15,482 (-19.7%), from €78,466 to €62,983
of which Taxes: -€16,185
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
of which Outside capital: +€18,600
- Turnover -€568,049
down €568,049 (-67.5%), from €841,105 to €273,057
- Purchases and services -€566,470
down €566,470 (-76.5%), from €740,430 to €173,960
- Write-downs +€26,000
new in 2024: €26,000
- Gross operating margin +€25,570
up €25,570 (+25.4%), from €100,676 to €126,246
- Staff costs -€22,498
down €22,498 (-26.3%), from €85,384 to €62,886
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 | €234,968 | €148,208 | -€86,760 | -36.9% |
| Fixed assets | 21/28 | €31,812 | €26,394 | -€5,417 | -17.0% |
| Tangible fixed assets | 22/27 | €31,812 | €26,394 | -€5,417 | -17.0% |
| Furniture and vehicles | 24 | €4,812 | €2,394 | -€2,417 | -50.2% |
| Other tangible fixed assets | 26 | €27,000 | €24,000 | -€3,000 | -11.1% |
| Current assets | 29/58 | €203,156 | €121,814 | -€81,342 | -40.0% |
| Amounts receivable after more than one year | 29 | €119,500 | €100,000 | -€19,500 | -16.3% |
| Other amounts receivable | 291 | €119,500 | €100,000 | -€19,500 | -16.3% |
| Amounts receivable within one year | 40/41 | €70,932 | €12,215 | -€58,717 | -82.8% |
| Trade receivables | 40 | €70,932 | €12,215 | -€58,717 | -82.8% |
| Cash at bank and in hand | 54/58 | €12,724 | €9,599 | -€3,125 | -24.6% |
| Total equity and liabilities | 10/49 | €234,968 | €148,208 | -€86,760 | -36.9% |
| Equity | 10/15 | €37,286 | €66,537 | +€29,251 | +78.4% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,026 | €46,077 | +€23,051 | +100.1% |
| Amounts payable | 17/49 | €197,681 | €81,671 | -€116,011 | -58.7% |
| Amounts payable within one year | 42/48 | €197,681 | €81,671 | -€116,011 | -58.7% |
| Trade debts | 44 | €35,148 | €17,853 | -€17,295 | -49.2% |
| Suppliers | 440/4 | €35,148 | €17,853 | -€17,295 | -49.2% |
| Taxes, remuneration and social security | 45 | €78,466 | €62,983 | -€15,482 | -19.7% |
| Taxes | 450/3 | €75,396 | €59,211 | -€16,185 | -21.5% |
| Remuneration and social security | 454/9 | €3,070 | €3,772 | +€702 | +22.9% |
| Other amounts payable | 47/48 | €84,068 | €834 | -€83,233 | -99.0% |
| Turnover | 70 | €841,105 | €273,057 | -€568,049 | -67.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €740,430 | €173,960 | -€566,470 | -76.5% |
| Remuneration, social security and pensions | 62 | €85,384 | €62,886 | -€22,498 | -26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,427 | €5,417 | -€9 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €26,000 | +€26,000 | |
| Other operating charges | 640/8 | €1,039 | €228 | -€811 | -78.1% |
| Gross operating margin | 9900 | €100,676 | €126,246 | +€25,570 | +25.4% |
| Operating profit (loss) | 9901 | €8,826 | €31,715 | +€22,889 | +259.3% |
| Financial income | 75/76B | - | €450 | +€450 | |
| Recurring financial income | 75 | - | €450 | +€450 | |
| Financial charges | 65/66B | €3,601 | €479 | -€3,122 | -86.7% |
| Recurring financial charges | 65 | €3,601 | €479 | -€3,122 | -86.7% |
| Profit (loss) for the period before taxes | 9903 | €5,225 | €31,685 | +€26,460 | +506.4% |
| Income taxes | 67/77 | €1,324 | €8,634 | +€7,310 | +552.0% |
| Profit (loss) for the period | 9904 | €3,901 | €23,051 | +€19,150 | +490.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,901 | €23,051 | +€19,150 | +490.9% |
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 4 October 2026 via checked.be.