MCS-IT: 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-IT
Largest movements
- Receivables within one year -€98,143
down €98,143 (-81.5%), from €120,467 to €22,324
of which Other amounts receivable: -€97,149
- Tangible fixed assets +€76,952
up €76,952 (+1280.6%), from €6,009 to €82,961
of which Furniture and vehicles: +€77,512
- Cash -€67,127
down €67,127 (-92.4%), from €72,612 to €5,485
mainly Other debts (-€110,216) and Investment in fixed assets (net) (-€88,461)
- Other debts -€110,216
down €110,216 (-81.6%), from €135,082 to €24,866
- Reserves +€75,499
new in 2025: €75,499
- Profit (loss) carried forward -€32,635
no longer reported in 2025 (was €32,635)
- Tax, wage and social debts -€19,461
down €19,461 (-69.1%), from €28,147 to €8,686
- Depreciation +€9,921
up €9,921 (+624.3%), from €1,589 to €11,510
- Gross operating margin +€3,115
up €3,115 (+3.4%), from €92,841 to €95,956
- Taxes -€1,117
down €1,117 (-6.0%), from €18,631 to €17,514
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 | €199,420 | €112,444 | -€86,976 | -43.6% |
| Fixed assets | 21/28 | €6,009 | €82,961 | +€76,952 | +1280.6% |
| Tangible fixed assets | 22/27 | €6,009 | €82,961 | +€76,952 | +1280.6% |
| Plant, machinery and equipment | 23 | €2,755 | €2,195 | -€560 | -20.3% |
| Furniture and vehicles | 24 | €3,254 | €80,766 | +€77,512 | +2381.8% |
| Current assets | 29/58 | €193,411 | €29,484 | -€163,928 | -84.8% |
| Amounts receivable within one year | 40/41 | €120,467 | €22,324 | -€98,143 | -81.5% |
| Trade receivables | 40 | €20,292 | €19,297 | -€994 | -4.9% |
| Other amounts receivable | 41 | €100,175 | €3,026 | -€97,149 | -97.0% |
| Cash at bank and in hand | 54/58 | €72,612 | €5,485 | -€67,127 | -92.4% |
| Deferred charges and accrued income | 490/1 | €332 | €1,675 | +€1,343 | +404.3% |
| Total equity and liabilities | 10/49 | €199,420 | €112,444 | -€86,976 | -43.6% |
| Equity | 10/15 | €35,635 | €78,499 | +€42,864 | +120.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €75,499 | +€75,499 | |
| Distributable reserves | 133 | - | €75,499 | +€75,499 | |
| Profit (loss) carried forward | 14 | €32,635 | - | -€32,635 | |
| Amounts payable | 17/49 | €163,785 | €33,945 | -€129,840 | -79.3% |
| Amounts payable within one year | 42/48 | €163,785 | €33,945 | -€129,840 | -79.3% |
| Trade debts | 44 | €557 | €393 | -€164 | -29.4% |
| Suppliers | 440/4 | €557 | €393 | -€164 | -29.4% |
| Taxes, remuneration and social security | 45 | €28,147 | €8,686 | -€19,461 | -69.1% |
| Taxes | 450/3 | €28,147 | €8,686 | -€19,461 | -69.1% |
| Other amounts payable | 47/48 | €135,082 | €24,866 | -€110,216 | -81.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,589 | €11,510 | +€9,921 | +624.3% |
| Other operating charges | 640/8 | €598 | €405 | -€194 | -32.4% |
| Gross operating margin | 9900 | €92,841 | €95,956 | +€3,115 | +3.4% |
| Operating profit (loss) | 9901 | €90,653 | €84,041 | -€6,612 | -7.3% |
| Financial charges | 65/66B | €1,122 | €663 | -€459 | -40.9% |
| Recurring financial charges | 65 | €1,122 | €663 | -€459 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €89,531 | €83,378 | -€6,153 | -6.9% |
| Income taxes | 67/77 | €18,631 | €17,514 | -€1,117 | -6.0% |
| Profit (loss) for the period | 9904 | €70,900 | €65,864 | -€5,036 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €70,900 | €65,864 | -€5,036 | -7.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.