MFC SERVICES: 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.
MFC SERVICES
Largest movements
- Receivables within one year +€11,684
up €11,684 (+140.5%), from €8,317 to €20,000
of which Other amounts receivable: +€12,327
- Reserves +€19,155
up €19,155 (+191.9%), from €9,980 to €29,135
- Trade debts -€14,668
no longer reported in 2025 (was €14,668)
- Tax, wage and social debts +€7,418
up €7,418 (+214.7%), from €3,455 to €10,873
of which Taxes: +€6,424
- Turnover +€31,632
up €31,632 (+46.3%), from €68,381 to €100,013
- Purchases and services +€21,142
up €21,142 (+47.7%), from €44,362 to €65,505
- Gross operating margin +€10,490
up €10,490 (+43.7%), from €24,018 to €34,508
- Depreciation -€3,885
no longer reported in 2025 (was €3,885)
- Taxes +€3,742
up €3,742 (+139.5%), from €2,682 to €6,424
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 | €31,102 | €43,007 | +€11,905 | +38.3% |
| Fixed assets | 21/28 | €17,974 | €17,974 | = | 0.0% |
| Tangible fixed assets | 22/27 | €17,974 | €17,974 | = | 0.0% |
| Furniture and vehicles | 24 | €17,974 | €17,974 | = | 0.0% |
| Current assets | 29/58 | €13,128 | €25,033 | +€11,905 | +90.7% |
| Amounts receivable within one year | 40/41 | €8,317 | €20,000 | +€11,684 | +140.5% |
| Trade receivables | 40 | €2,086 | €1,442 | -€644 | -30.9% |
| Other amounts receivable | 41 | €6,231 | €18,558 | +€12,327 | +197.8% |
| Cash at bank and in hand | 54/58 | €3,977 | €4,199 | +€222 | +5.6% |
| Deferred charges and accrued income | 490/1 | €834 | €834 | = | 0.0% |
| Total equity and liabilities | 10/49 | €31,102 | €43,007 | +€11,905 | +38.3% |
| Equity | 10/15 | €12,980 | €32,135 | +€19,155 | +147.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,980 | €29,135 | +€19,155 | +191.9% |
| Distributable reserves | 133 | €9,980 | €29,135 | +€19,155 | +191.9% |
| Amounts payable | 17/49 | €18,122 | €10,873 | -€7,250 | -40.0% |
| Amounts payable within one year | 42/48 | €18,122 | €10,873 | -€7,250 | -40.0% |
| Trade debts | 44 | €14,668 | - | -€14,668 | |
| Suppliers | 440/4 | €14,668 | - | -€14,668 | |
| Taxes, remuneration and social security | 45 | €3,455 | €10,873 | +€7,418 | +214.7% |
| Taxes | 450/3 | €2,810 | €9,235 | +€6,424 | +228.6% |
| Remuneration and social security | 454/9 | €644 | €1,638 | +€994 | +154.2% |
| Turnover | 70 | €68,381 | €100,013 | +€31,632 | +46.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €44,362 | €65,505 | +€21,142 | +47.7% |
| Remuneration, social security and pensions | 62 | €6,097 | €8,038 | +€1,940 | +31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,885 | - | -€3,885 | |
| Other operating charges | 640/8 | €1,367 | €737 | -€630 | -46.1% |
| Gross operating margin | 9900 | €24,018 | €34,508 | +€10,490 | +43.7% |
| Operating profit (loss) | 9901 | €12,669 | €25,733 | +€13,064 | +103.1% |
| Financial charges | 65/66B | €7 | €154 | +€147 | +1978.5% |
| Recurring financial charges | 65 | €7 | €154 | +€147 | +1978.5% |
| Profit (loss) for the period before taxes | 9903 | €12,662 | €25,579 | +€12,917 | +102.0% |
| Income taxes | 67/77 | €2,682 | €6,424 | +€3,742 | +139.5% |
| Profit (loss) for the period | 9904 | €9,980 | €19,155 | +€9,176 | +91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,980 | €19,155 | +€9,176 | +91.9% |
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 30 September 2026 via checked.be.