MCservice: 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.
MCservice
Largest movements
- Tangible fixed assets +€105,045
up €105,045 (+400.0%), from €26,258 to €131,303
of which Furniture and vehicles: +€103,220
- Cash +€7,824
up €7,824 (+17.9%), from €43,715 to €51,539
mainly Debts after one year (+€88,858) and Current portion of long-term debt (+€24,845)
- Receivables within one year +€7,799
up €7,799 (+11.3%), from €68,743 to €76,543
of which Other amounts receivable: +€7,561
- Deferred charges and accrued income -€3,027
down €3,027 (-69.6%), from €4,351 to €1,324
- Debts after one year +€88,858
up €88,858 (+227.6%), from €39,033 to €127,891
- Current portion of long-term debt +€24,845
up €24,845 (+152.0%), from €16,343 to €41,188
- Trade debts +€5,048
up €5,048 (+92.7%), from €5,442 to €10,490
- Financial charges +€19,433
up €19,433 (+848.4%), from €2,291 to €21,724
of which Non-recurring financial charges: +€18,581
- Gross operating margin -€18,180
down €18,180 (-31.8%), from €57,181 to €39,001
- Taxes -€9,102
no longer reported in 2025 (was €9,102)
- Depreciation +€7,290
up €7,290 (+81.0%), from €8,997 to €16,288
- Other operating charges +€667
up €667 (+166.5%), from €401 to €1,068
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 | €154,363 | €271,292 | +€116,928 | +75.7% |
| Formation expenses | 20 | €1,981 | €1,268 | -€714 | -36.0% |
| Fixed assets | 21/28 | €35,573 | €140,618 | +€105,045 | +295.3% |
| Tangible fixed assets | 22/27 | €26,258 | €131,303 | +€105,045 | +400.0% |
| Plant, machinery and equipment | 23 | €913 | €2,738 | +€1,824 | +199.8% |
| Furniture and vehicles | 24 | €25,345 | €128,566 | +€103,220 | +407.3% |
| Financial fixed assets | 28 | €9,315 | €9,315 | = | 0.0% |
| Current assets | 29/58 | €116,809 | €129,406 | +€12,597 | +10.8% |
| Amounts receivable within one year | 40/41 | €68,743 | €76,543 | +€7,799 | +11.3% |
| Trade receivables | 40 | €58,311 | €58,550 | +€239 | +0.4% |
| Other amounts receivable | 41 | €10,432 | €17,993 | +€7,561 | +72.5% |
| Cash at bank and in hand | 54/58 | €43,715 | €51,539 | +€7,824 | +17.9% |
| Deferred charges and accrued income | 490/1 | €4,351 | €1,324 | -€3,027 | -69.6% |
| Total equity and liabilities | 10/49 | €154,363 | €271,292 | +€116,928 | +75.7% |
| Equity | 10/15 | €87,581 | €87,502 | -€79 | -0.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,581 | €37,502 | -€79 | -0.2% |
| Amounts payable | 17/49 | €66,783 | €183,790 | +€117,007 | +175.2% |
| Amounts payable after more than one year | 17 | €39,033 | €127,891 | +€88,858 | +227.6% |
| Financial debts | 170/4 | €39,033 | €127,891 | +€88,858 | +227.6% |
| Amounts payable within one year | 42/48 | €27,749 | €55,898 | +€28,149 | +101.4% |
| Current portion of amounts payable after more than one year | 42 | €16,343 | €41,188 | +€24,845 | +152.0% |
| Trade debts | 44 | €5,442 | €10,490 | +€5,048 | +92.7% |
| Suppliers | 440/4 | €5,442 | €10,490 | +€5,048 | +92.7% |
| Taxes, remuneration and social security | 45 | €5,964 | €4,220 | -€1,744 | -29.2% |
| Taxes | 450/3 | €3,561 | €4,220 | +€660 | +18.5% |
| Remuneration and social security | 454/9 | €2,403 | - | -€2,403 | |
| Other amounts payable | 47/48 | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,997 | €16,288 | +€7,290 | +81.0% |
| Other operating charges | 640/8 | €401 | €1,068 | +€667 | +166.5% |
| Gross operating margin | 9900 | €57,181 | €39,001 | -€18,180 | -31.8% |
| Operating profit (loss) | 9901 | €47,783 | €21,645 | -€26,138 | -54.7% |
| Financial income | 75/76B | €169 | €0 | -€169 | -100.0% |
| Recurring financial income | 75 | €169 | €0 | -€169 | -100.0% |
| Financial charges | 65/66B | €2,291 | €21,724 | +€19,433 | +848.4% |
| Recurring financial charges | 65 | €2,291 | €3,143 | +€852 | +37.2% |
| Non-recurring financial charges | 66B | - | €18,581 | +€18,581 | |
| Profit (loss) for the period before taxes | 9903 | €45,661 | -€79 | -€45,740 | |
| Income taxes | 67/77 | €9,102 | - | -€9,102 | |
| Profit (loss) for the period | 9904 | €36,559 | -€79 | -€36,638 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,559 | -€79 | -€36,638 |
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 2 October 2026 via checked.be.