MCSA CONSTRUCTIONS: 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.
MCSA CONSTRUCTIONS
Largest movements
- Tangible fixed assets +€8,182
new in 2025: €8,182
- Cash -€531
down €531 (-23.1%), from €2,302 to €1,771
mainly Investment in fixed assets (net) (-€8,250) and Net result for the year (-€3,302)
- Other debts +€10,996
new in 2025: €10,996
- Profit (loss) carried forward -€3,302
down €3,302 (-16.7%), from -€19,721 to -€23,023
- Financial income -€2,340
no longer reported in 2025 (was €2,340)
- Other operating charges +€840
up €840 (+236.6%), from €355 to €1,196
- Gross operating margin -€418
down €418 (-26.3%), from -€1,587 to -€2,005
- Depreciation +€68
new in 2025: €68
- Financial charges -€41
down €41 (-55.5%), from €74 to €33
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 | €2,302 | €9,972 | +€7,671 | +333.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | - | €8,182 | +€8,182 | |
| Tangible fixed assets | 22/27 | - | €8,182 | +€8,182 | |
| Furniture and vehicles | 24 | - | €8,182 | +€8,182 | |
| Current assets | 29/58 | €2,302 | €1,790 | -€511 | -22.2% |
| Amounts receivable within one year | 40/41 | - | €19 | +€19 | |
| Other amounts receivable | 41 | - | €19 | +€19 | |
| Cash at bank and in hand | 54/58 | €2,302 | €1,771 | -€531 | -23.1% |
| Total equity and liabilities | 10/49 | €2,302 | €9,972 | +€7,671 | +333.3% |
| Equity | 10/15 | €2,279 | -€1,023 | -€3,302 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,721 | -€23,023 | -€3,302 | -16.7% |
| Amounts payable | 17/49 | €23 | €10,996 | +€10,973 | +48295.9% |
| Amounts payable within one year | 42/48 | €23 | €10,996 | +€10,973 | +48295.9% |
| Taxes, remuneration and social security | 45 | €23 | - | -€23 | |
| Taxes | 450/3 | €23 | - | -€23 | |
| Other amounts payable | 47/48 | - | €10,996 | +€10,996 | |
| Non-recurring operating income | 76A | €413 | - | -€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €68 | +€68 | |
| Other operating charges | 640/8 | €355 | €1,196 | +€840 | +236.6% |
| Gross operating margin | 9900 | -€1,587 | -€2,005 | -€418 | -26.3% |
| Operating profit (loss) | 9901 | -€1,943 | -€3,269 | -€1,326 | -68.3% |
| Financial income | 75/76B | €2,340 | - | -€2,340 | |
| Recurring financial income | 75 | €2,340 | - | -€2,340 | |
| Financial charges | 65/66B | €74 | €33 | -€41 | -55.5% |
| Recurring financial charges | 65 | €74 | €33 | -€41 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | €323 | -€3,302 | -€3,625 | |
| Profit (loss) for the period | 9904 | €323 | -€3,302 | -€3,625 | |
| Profit (loss) for the period to be appropriated | 9905 | €323 | -€3,302 | -€3,625 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.