MCWORKS: 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.
MCWORKS
Largest movements
- Tangible fixed assets -€14,275
down €14,275 (-4.8%), from €295,761 to €281,486
- Debts after one year -€19,825
down €19,825 (-8.6%), from €229,661 to €209,836
- Reserves +€4,116
up €4,116 (+23.7%), from €17,347 to €21,463
- Gross operating margin -€1,532
down €1,532 (-5.2%), from €29,422 to €27,889
- Depreciation +€513
up €513 (+3.7%), from €13,762 to €14,275
- Other operating charges -€396
down €396 (-17.8%), from €2,230 to €1,834
- Taxes +€382
up €382 (+36.6%), from €1,045 to €1,427
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 | €302,413 | €290,391 | -€12,022 | -4.0% |
| Fixed assets | 21/28 | €295,761 | €281,486 | -€14,275 | -4.8% |
| Tangible fixed assets | 22/27 | €295,761 | €281,486 | -€14,275 | -4.8% |
| Land and buildings | 22 | €295,761 | €281,486 | -€14,275 | -4.8% |
| Current assets | 29/58 | €6,651 | €8,904 | +€2,253 | +33.9% |
| Amounts receivable within one year | 40/41 | €4,072 | €2,148 | -€1,924 | -47.2% |
| Trade receivables | 40 | €3,492 | €2,069 | -€1,424 | -40.8% |
| Other amounts receivable | 41 | €580 | €80 | -€500 | -86.3% |
| Cash at bank and in hand | 54/58 | €2,090 | €3,892 | +€1,802 | +86.3% |
| Deferred charges and accrued income | 490/1 | €490 | €2,864 | +€2,374 | +485.0% |
| Total equity and liabilities | 10/49 | €302,413 | €290,391 | -€12,022 | -4.0% |
| Equity | 10/15 | €32,347 | €36,463 | +€4,116 | +12.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €17,347 | €21,463 | +€4,116 | +23.7% |
| Distributable reserves | 133 | €17,347 | €21,463 | +€4,116 | +23.7% |
| Amounts payable | 17/49 | €270,066 | €253,928 | -€16,138 | -6.0% |
| Amounts payable after more than one year | 17 | €229,661 | €209,836 | -€19,825 | -8.6% |
| Financial debts | 170/4 | €229,661 | €209,836 | -€19,825 | -8.6% |
| Amounts payable within one year | 42/48 | €40,405 | €44,091 | +€3,687 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €20,026 | €20,430 | +€404 | +2.0% |
| Trade debts | 44 | €697 | €2,080 | +€1,383 | +198.3% |
| Suppliers | 440/4 | €697 | €2,080 | +€1,383 | +198.3% |
| Taxes, remuneration and social security | 45 | €2,574 | €3,570 | +€996 | +38.7% |
| Taxes | 450/3 | €2,574 | €3,570 | +€996 | +38.7% |
| Other amounts payable | 47/48 | €17,108 | €18,012 | +€904 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,762 | €14,275 | +€513 | +3.7% |
| Other operating charges | 640/8 | €2,230 | €1,834 | -€396 | -17.8% |
| Non-recurring operating charges | 66A | €1,095 | - | -€1,095 | |
| Gross operating margin | 9900 | €29,422 | €27,889 | -€1,532 | -5.2% |
| Operating profit (loss) | 9901 | €12,335 | €11,780 | -€554 | -4.5% |
| Financial charges | 65/66B | €6,389 | €6,237 | -€152 | -2.4% |
| Recurring financial charges | 65 | €6,389 | €6,237 | -€152 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €5,946 | €5,544 | -€402 | -6.8% |
| Income taxes | 67/77 | €1,045 | €1,427 | +€382 | +36.6% |
| Profit (loss) for the period | 9904 | €4,901 | €4,116 | -€785 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,901 | €4,116 | -€785 | -16.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.