MCVEIGH STABLES: 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.
MCVEIGH STABLES
Largest movements
- Receivables within one year -€1,437
down €1,437 (-95.8%), from €1,500 to €63
- Cash +€184
up €184 (+7.4%), from €2,473 to €2,657
mainly Receivables within one year (+€1,437) and Trade debts (+€729)
- Profit (loss) carried forward -€2,048
down €2,048 (-115.4%), from -€1,775 to -€3,824
- Trade debts +€729
up €729 (+58.4%), from €1,248 to €1,978
- Other debts +€66
up €66 (+4.4%), from €1,500 to €1,566
- Gross operating margin -€496
down €496 (-33.3%), from -€1,492 to -€1,988
- Other operating charges -€200
down €200 (-100.0%), from €200 to €0
- Financial charges -€23
down €23 (-27.8%), from €84 to €60
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 | €3,973 | €2,720 | -€1,253 | -31.5% |
| Current assets | 29/58 | €3,973 | €2,720 | -€1,253 | -31.5% |
| Amounts receivable within one year | 40/41 | €1,500 | €63 | -€1,437 | -95.8% |
| Trade receivables | 40 | €1,500 | €63 | -€1,437 | -95.8% |
| Cash at bank and in hand | 54/58 | €2,473 | €2,657 | +€184 | +7.4% |
| Total equity and liabilities | 10/49 | €3,973 | €2,720 | -€1,253 | -31.5% |
| Equity | 10/15 | €1,225 | -€824 | -€2,048 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,775 | -€3,824 | -€2,048 | -115.4% |
| Amounts payable | 17/49 | €2,748 | €3,543 | +€795 | +28.9% |
| Amounts payable within one year | 42/48 | €2,748 | €3,543 | +€795 | +28.9% |
| Trade debts | 44 | €1,248 | €1,978 | +€729 | +58.4% |
| Suppliers | 440/4 | €1,248 | €1,978 | +€729 | +58.4% |
| Other amounts payable | 47/48 | €1,500 | €1,566 | +€66 | +4.4% |
| Other operating charges | 640/8 | €200 | €0 | -€200 | -100.0% |
| Gross operating margin | 9900 | -€1,492 | -€1,988 | -€496 | -33.3% |
| Operating profit (loss) | 9901 | -€1,692 | -€1,988 | -€296 | -17.5% |
| Financial charges | 65/66B | €84 | €60 | -€23 | -27.8% |
| Recurring financial charges | 65 | €84 | €60 | -€23 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,775 | -€2,048 | -€273 | -15.4% |
| Profit (loss) for the period | 9904 | -€1,775 | -€2,048 | -€273 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,775 | -€2,048 | -€273 | -15.4% |
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 9 October 2026 via checked.be.