MCS MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year -€4,520
down €4,520 (-100.0%), from €4,520 to €0
of which Trade receivables: -€3,061
- Cash +€3,016
up €3,016 (+91.7%), from €3,290 to €6,307
mainly Receivables within one year (+€4,520) and Other debts (+€575)
- Profit (loss) carried forward -€1,490
down €1,490 (-3.8%), from -€39,669 to -€41,160
- Other debts +€575
up €575 (+3.4%), from €16,717 to €17,292
- Tax, wage and social debts -€413
down €413 (-19.4%), from €2,133 to €1,719
- Trade debts -€175
down €175 (-100.0%), from €175 to €0
- Financial charges -€7,039
down €7,039 (-99.1%), from €7,106 to €67
- Other operating charges +€5,980
up €5,980 (+989.3%), from €604 to €6,584
- Financial income -€885
no longer reported in 2025 (was €885)
- Gross operating margin +€620
up €620 (+9.7%), from €6,364 to €6,984
- Taxes +€436
up €436 (+31.5%), from €1,387 to €1,823
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 | €7,848 | €6,344 | -€1,504 | -19.2% |
| Fixed assets | 21/28 | €37 | €37 | = | 0.0% |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €7,811 | €6,307 | -€1,504 | -19.3% |
| Amounts receivable within one year | 40/41 | €4,520 | €0 | -€4,520 | -100.0% |
| Trade receivables | 40 | €3,061 | €0 | -€3,061 | -100.0% |
| Other amounts receivable | 41 | €1,459 | €0 | -€1,459 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,290 | €6,307 | +€3,016 | +91.7% |
| Total equity and liabilities | 10/49 | €7,848 | €6,344 | -€1,504 | -19.2% |
| Equity | 10/15 | -€11,177 | -€12,667 | -€1,490 | -13.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,901 | €9,901 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €8,041 | €8,041 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,669 | -€41,160 | -€1,490 | -3.8% |
| Amounts payable | 17/49 | €19,025 | €19,011 | -€13 | -0.1% |
| Amounts payable within one year | 42/48 | €19,025 | €19,011 | -€13 | -0.1% |
| Trade debts | 44 | €175 | €0 | -€175 | -100.0% |
| Suppliers | 440/4 | €175 | €0 | -€175 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,133 | €1,719 | -€413 | -19.4% |
| Taxes | 450/3 | €2,133 | €1,719 | -€413 | -19.4% |
| Other amounts payable | 47/48 | €16,717 | €17,292 | +€575 | +3.4% |
| Other operating charges | 640/8 | €604 | €6,584 | +€5,980 | +989.3% |
| Non-recurring operating charges | 66A | €100,485 | - | -€100,485 | |
| Gross operating margin | 9900 | €6,364 | €6,984 | +€620 | +9.7% |
| Operating profit (loss) | 9901 | -€94,725 | €400 | +€95,125 | |
| Financial income | 75/76B | €885 | - | -€885 | |
| Recurring financial income | 75 | €885 | - | -€885 | |
| Financial charges | 65/66B | €7,106 | €67 | -€7,039 | -99.1% |
| Recurring financial charges | 65 | €7,106 | €67 | -€7,039 | -99.1% |
| Profit (loss) for the period before taxes | 9903 | -€100,946 | €333 | +€101,279 | |
| Income taxes | 67/77 | €1,387 | €1,823 | +€436 | +31.5% |
| Profit (loss) for the period | 9904 | -€102,332 | -€1,490 | +€100,842 | +98.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€102,332 | -€1,490 | +€100,842 | +98.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.