MNC CONSTRUCT: 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.
MNC CONSTRUCT
Largest movements
- Receivables within one year +€89,743
up €89,743 (+443.7%), from €20,226 to €109,970
of which Trade receivables: +€86,594
- Cash +€6,964
up €6,964 (+835.7%), from €833 to €7,798
mainly Trade debts (+€129,681) and Depreciation (+€2,530)
- Tangible fixed assets -€2,530
down €2,530 (-21.3%), from €11,872 to €9,342
- Trade debts +€129,681
up €129,681 (+2465.2%), from €5,260 to €134,942
- Profit (loss) carried forward -€28,324
down €28,324, from €18,865 to -€9,459
- Tax, wage and social debts -€5,669
down €5,669 (-90.2%), from €6,288 to €619
of which Taxes: -€6,288
- Other debts -€1,343
no longer reported in 2024 (was €1,343)
- Gross operating margin -€53,055
down €53,055, from €28,745 to -€24,310
- Taxes -€6,683
down €6,683, from €6,288 to -€395
- Depreciation +€1,752
up €1,752 (+225.0%), from €778 to €2,530
- Other operating charges -€1,084
down €1,084 (-38.5%), from €2,813 to €1,729
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,809 | €128,102 | +€94,293 | +278.9% |
| Fixed assets | 21/28 | €11,872 | €9,342 | -€2,530 | -21.3% |
| Tangible fixed assets | 22/27 | €11,872 | €9,342 | -€2,530 | -21.3% |
| Furniture and vehicles | 24 | €11,872 | €9,342 | -€2,530 | -21.3% |
| Current assets | 29/58 | €21,937 | €118,760 | +€96,823 | +441.4% |
| Amounts receivable within one year | 40/41 | €20,226 | €109,970 | +€89,743 | +443.7% |
| Trade receivables | 40 | €18,687 | €105,281 | +€86,594 | +463.4% |
| Other amounts receivable | 41 | €1,539 | €4,688 | +€3,149 | +204.5% |
| Cash at bank and in hand | 54/58 | €833 | €7,798 | +€6,964 | +835.7% |
| Deferred charges and accrued income | 490/1 | €878 | €993 | +€115 | +13.1% |
| Total equity and liabilities | 10/49 | €33,809 | €128,102 | +€94,293 | +278.9% |
| Equity | 10/15 | €20,865 | -€7,459 | -€28,324 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,865 | -€9,459 | -€28,324 | |
| Amounts payable | 17/49 | €12,944 | €135,561 | +€122,617 | +947.3% |
| Amounts payable within one year | 42/48 | €12,892 | €135,561 | +€122,669 | +951.5% |
| Trade debts | 44 | €5,260 | €134,942 | +€129,681 | +2465.2% |
| Suppliers | 440/4 | €5,260 | €134,942 | +€129,681 | +2465.2% |
| Taxes, remuneration and social security | 45 | €6,288 | €619 | -€5,669 | -90.2% |
| Taxes | 450/3 | €6,288 | - | -€6,288 | |
| Remuneration and social security | 454/9 | - | €619 | +€619 | |
| Other amounts payable | 47/48 | €1,343 | - | -€1,343 | |
| Accrued charges and deferred income | 492/3 | €52 | - | -€52 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €778 | €2,530 | +€1,752 | +225.0% |
| Other operating charges | 640/8 | €2,813 | €1,729 | -€1,084 | -38.5% |
| Gross operating margin | 9900 | €28,745 | -€24,310 | -€53,055 | |
| Operating profit (loss) | 9901 | €25,153 | -€28,570 | -€53,723 | |
| Financial income | 75/76B | - | €103 | +€103 | |
| Recurring financial income | 75 | - | €103 | +€103 | |
| Financial charges | 65/66B | €0 | €252 | +€252 | +194061.5% |
| Recurring financial charges | 65 | €0 | €252 | +€252 | +194061.5% |
| Profit (loss) for the period before taxes | 9903 | €25,153 | -€28,719 | -€53,872 | |
| Income taxes | 67/77 | €6,288 | -€395 | -€6,683 | |
| Profit (loss) for the period | 9904 | €18,865 | -€28,324 | -€47,189 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,865 | -€28,324 | -€47,189 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.