MCYS: 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.
MCYS
Largest movements
- Receivables within one year +€85,775
up €85,775 (+1805.3%), from €4,751 to €90,527
of which Other amounts receivable: +€80,286
- Cash -€63,003
down €63,003 (-94.5%), from €66,651 to €3,648
mainly Receivables within one year (-€85,775) and Investment in fixed assets (net) (-€36,112)
- Tangible fixed assets +€30,000
new in 2025: €30,000
- Other debts +€56,000
up €56,000 (+35.7%), from €156,751 to €212,751
- Financial income -€11,222
down €11,222 (-93.5%), from €12,000 to €778
- Depreciation +€6,112
new in 2025: €6,112
- Gross operating margin +€3,951
up €3,951, from -€359 to €3,592
- Other operating charges -€2,686
down €2,686 (-85.1%), from €3,158 to €471
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 | €223,052 | €276,671 | +€53,620 | +24.0% |
| Fixed assets | 21/28 | €151,650 | €181,650 | +€30,000 | +19.8% |
| Tangible fixed assets | 22/27 | - | €30,000 | +€30,000 | |
| Land and buildings | 22 | - | €30,000 | +€30,000 | |
| Financial fixed assets | 28 | €151,650 | €151,650 | = | 0.0% |
| Current assets | 29/58 | €71,402 | €95,021 | +€23,620 | +33.1% |
| Amounts receivable within one year | 40/41 | €4,751 | €90,527 | +€85,775 | +1805.3% |
| Trade receivables | 40 | €2,770 | €8,260 | +€5,489 | +198.2% |
| Other amounts receivable | 41 | €1,981 | €82,267 | +€80,286 | +4052.8% |
| Cash at bank and in hand | 54/58 | €66,651 | €3,648 | -€63,003 | -94.5% |
| Deferred charges and accrued income | 490/1 | - | €847 | +€847 | |
| Total equity and liabilities | 10/49 | €223,052 | €276,671 | +€53,620 | +24.0% |
| Equity | 10/15 | €65,965 | €63,599 | -€2,366 | -3.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Legal reserve | 130 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,345 | €979 | -€2,366 | -70.7% |
| Amounts payable | 17/49 | €157,086 | €213,072 | +€55,986 | +35.6% |
| Amounts payable within one year | 42/48 | €157,086 | €213,072 | +€55,986 | +35.6% |
| Trade debts | 44 | €335 | €321 | -€14 | -4.2% |
| Suppliers | 440/4 | €335 | €321 | -€14 | -4.2% |
| Other amounts payable | 47/48 | €156,751 | €212,751 | +€56,000 | +35.7% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,112 | +€6,112 | |
| Other operating charges | 640/8 | €3,158 | €471 | -€2,686 | -85.1% |
| Gross operating margin | 9900 | -€359 | €3,592 | +€3,951 | |
| Operating profit (loss) | 9901 | -€3,517 | -€2,991 | +€525 | +14.9% |
| Financial income | 75/76B | €12,000 | €778 | -€11,222 | -93.5% |
| Recurring financial income | 75 | €12,000 | €778 | -€11,222 | -93.5% |
| Financial charges | 65/66B | €140 | €153 | +€12 | +8.8% |
| Recurring financial charges | 65 | €140 | €153 | +€12 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €8,343 | -€2,366 | -€10,709 | |
| Profit (loss) for the period | 9904 | €8,343 | -€2,366 | -€10,709 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,343 | -€2,366 | -€10,709 |
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 7 October 2026 via checked.be.