MCV CONSULTING: 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.
MCV CONSULTING
Largest movements
- Stocks and contracts +€287,756
up €287,756 (+19.7%), from €1.5m to €1.7m
- Cash -€191,160
down €191,160 (-77.1%), from €247,918 to €56,758
mainly Contributions, distributions and other (-€334,000) and Stocks and contracts (-€287,756)
- Receivables within one year -€28,901
down €28,901 (-68.2%), from €42,350 to €13,449
of which Trade receivables: -€29,000
- Tangible fixed assets -€27,278
down €27,278 (-47.6%), from €57,322 to €30,044
- Debts after one year -€33,395
down €33,395 (-85.7%), from €38,982 to €5,586
- Other debts +€30,934
up €30,934 (+1.8%), from €1.7m to €1.8m
- Tax, wage and social debts +€24,941
up €24,941 (+53.6%), from €46,560 to €71,502
- Gross operating margin +€120,582
up €120,582 (+35.0%), from €344,115 to €464,697
- Taxes +€36,048
up €36,048 (+48.9%), from €73,721 to €109,769
- Other operating charges -€14,992
down €14,992 (-89.1%), from €16,819 to €1,827
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.
Derived cash bridge
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 | €1,860,461 | €1,892,409 | +€31,947 | +1.7% |
| Fixed assets | 21/28 | €93,322 | €66,044 | -€27,278 | -29.2% |
| Tangible fixed assets | 22/27 | €57,322 | €30,044 | -€27,278 | -47.6% |
| Furniture and vehicles | 24 | €57,322 | €30,044 | -€27,278 | -47.6% |
| Financial fixed assets | 28 | €36,000 | €36,000 | = | 0.0% |
| Current assets | 29/58 | €1,767,139 | €1,826,365 | +€59,226 | +3.4% |
| Stocks and contracts in progress | 3 | €1,457,953 | €1,745,709 | +€287,756 | +19.7% |
| Stocks | 30/36 | €1,457,953 | €1,745,709 | +€287,756 | +19.7% |
| Amounts receivable within one year | 40/41 | €42,350 | €13,449 | -€28,901 | -68.2% |
| Trade receivables | 40 | €42,350 | €13,350 | -€29,000 | -68.5% |
| Other amounts receivable | 41 | - | €99 | +€99 | |
| Cash at bank and in hand | 54/58 | €247,918 | €56,758 | -€191,160 | -77.1% |
| Deferred charges and accrued income | 490/1 | €18,918 | €10,448 | -€8,470 | -44.8% |
| Total equity and liabilities | 10/49 | €1,860,461 | €1,892,409 | +€31,947 | +1.7% |
| Equity | 10/15 | €15,695 | €6,924 | -€8,770 | -55.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €9,695 | €924 | -€8,770 | -90.5% |
| Distributable reserves | 133 | €9,695 | €924 | -€8,770 | -90.5% |
| Amounts payable | 17/49 | €1,844,767 | €1,885,484 | +€40,718 | +2.2% |
| Amounts payable after more than one year | 17 | €38,982 | €5,586 | -€33,395 | -85.7% |
| Financial debts | 170/4 | €38,982 | €5,586 | -€33,395 | -85.7% |
| Amounts payable within one year | 42/48 | €1,805,745 | €1,879,875 | +€74,130 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €35,938 | €36,168 | +€231 | +0.6% |
| Trade debts | 44 | €4,106 | €22,130 | +€18,024 | +439% |
| Suppliers | 440/4 | €4,106 | €22,130 | +€18,024 | +439% |
| Taxes, remuneration and social security | 45 | €46,560 | €71,502 | +€24,941 | +53.6% |
| Taxes | 450/3 | €46,560 | €71,502 | +€24,941 | +53.6% |
| Other amounts payable | 47/48 | €1,719,141 | €1,750,075 | +€30,934 | +1.8% |
| Accrued charges and deferred income | 492/3 | €40 | €22 | -€18 | -44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,278 | €27,278 | = | 0.0% |
| Other operating charges | 640/8 | €16,819 | €1,827 | -€14,992 | -89.1% |
| Gross operating margin | 9900 | €344,115 | €464,697 | +€120,582 | +35.0% |
| Operating profit (loss) | 9901 | €300,017 | €435,592 | +€135,574 | +45.2% |
| Financial charges | 65/66B | €916 | €593 | -€323 | -35.3% |
| Recurring financial charges | 65 | €916 | €593 | -€323 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €299,101 | €434,999 | +€135,898 | +45.4% |
| Income taxes | 67/77 | €73,721 | €109,769 | +€36,048 | +48.9% |
| Profit (loss) for the period | 9904 | €225,380 | €325,230 | +€99,850 | +44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €225,380 | €325,230 | +€99,850 | +44.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.