MCT 1: 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.
MCT 1
Largest movements
- Tangible fixed assets +€68,619
up €68,619 (+880.8%), from €7,791 to €76,409
of which Other tangible fixed assets: +€56,557
- Cash +€42,841
up €42,841 (+219.3%), from €19,535 to €62,375
mainly Trade debts (+€71,877) and Tax, wage and social debts (+€43,847)
- Receivables within one year +€27,549
up €27,549 (+431.1%), from €6,390 to €33,940
of which Other amounts receivable: +€25,408
- Trade debts +€71,877
up €71,877 (+273.7%), from €26,264 to €98,141
- Tax, wage and social debts +€43,847
up €43,847 (+129.9%), from €33,763 to €77,610
of which Taxes: +€34,399
- Profit (loss) carried forward +€23,285
up €23,285 (+88.5%), from -€26,312 to -€3,027
- Gross operating margin +€327,950
up €327,950 (+572.8%), from €57,255 to €385,205
- Staff costs +€256,253
up €256,253 (+307.3%), from €83,395 to €339,648
- Depreciation +€20,215
up €20,215 (+13391.2%), from €151 to €20,366
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,716 | €172,724 | +€139,009 | +412.3% |
| Fixed assets | 21/28 | €7,791 | €76,409 | +€68,619 | +880.8% |
| Tangible fixed assets | 22/27 | €7,791 | €76,409 | +€68,619 | +880.8% |
| Plant, machinery and equipment | 23 | €7,791 | €12,987 | +€5,197 | +66.7% |
| Leasing and similar rights | 25 | - | €6,865 | +€6,865 | |
| Other tangible fixed assets | 26 | - | €56,557 | +€56,557 | |
| Current assets | 29/58 | €25,925 | €96,315 | +€70,390 | +271.5% |
| Amounts receivable within one year | 40/41 | €6,390 | €33,940 | +€27,549 | +431.1% |
| Trade receivables | 40 | - | €2,142 | +€2,142 | |
| Other amounts receivable | 41 | €6,390 | €31,798 | +€25,408 | +397.6% |
| Cash at bank and in hand | 54/58 | €19,535 | €62,375 | +€42,841 | +219.3% |
| Total equity and liabilities | 10/49 | €33,716 | €172,724 | +€139,009 | +412.3% |
| Equity | 10/15 | -€26,312 | -€3,027 | +€23,285 | +88.5% |
| Profit (loss) carried forward | 14 | -€26,312 | -€3,027 | +€23,285 | +88.5% |
| Amounts payable | 17/49 | €60,028 | €175,751 | +€115,723 | +192.8% |
| Amounts payable within one year | 42/48 | €60,028 | €175,751 | +€115,723 | +192.8% |
| Trade debts | 44 | €26,264 | €98,141 | +€71,877 | +273.7% |
| Suppliers | 440/4 | €26,264 | €98,141 | +€71,877 | +273.7% |
| Taxes, remuneration and social security | 45 | €33,763 | €77,610 | +€43,847 | +129.9% |
| Taxes | 450/3 | €1,001 | €35,400 | +€34,399 | +3437.2% |
| Remuneration and social security | 454/9 | €32,763 | €42,210 | +€9,448 | +28.8% |
| Remuneration, social security and pensions | 62 | €83,395 | €339,648 | +€256,253 | +307.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151 | €20,366 | +€20,215 | +13391.2% |
| Other operating charges | 640/8 | - | €1,625 | +€1,625 | |
| Gross operating margin | 9900 | €57,255 | €385,205 | +€327,950 | +572.8% |
| Operating profit (loss) | 9901 | -€26,291 | €23,567 | +€49,857 | |
| Financial charges | 65/66B | €21 | €281 | +€260 | +1215.2% |
| Recurring financial charges | 65 | €21 | €281 | +€260 | +1215.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,312 | €23,285 | +€49,597 | |
| Profit (loss) for the period | 9904 | -€26,312 | €23,285 | +€49,597 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,312 | €23,285 | +€49,597 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.