MNC CONSULT: 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.
MNC CONSULT
Largest movements
- Receivables within one year +€24,260
up €24,260 (+85.7%), from €28,294 to €52,555
of which Trade receivables: +€22,661
- Tangible fixed assets -€23,280
down €23,280 (-12.1%), from €192,526 to €169,246
of which Land and buildings: -€16,071
- Cash +€15,926
up €15,926 (+22.9%), from €69,428 to €85,354
mainly Net result for the year (+€28,158) and Depreciation (+€24,769)
- Deferred charges and accrued income -€5,124
down €5,124 (-55.7%), from €9,205 to €4,081
- Debts after one year -€21,551
down €21,551 (-11.1%), from €194,946 to €173,395
of which Financial debts: -€21,556
- Reserves +€15,000
up €15,000 (+62.1%), from €24,170 to €39,170
- Profit (loss) carried forward +€13,158
up €13,158 (+42.5%), from -€30,950 to -€17,792
- Trade debts +€7,515
up €7,515 (+312.9%), from €2,402 to €9,918
- Gross operating margin +€14,210
up €14,210 (+23.7%), from €59,966 to €74,176
- Taxes +€4,038
up €4,038 (+58.3%), from €6,926 to €10,964
- Depreciation -€3,594
down €3,594 (-12.7%), from €28,363 to €24,769
- Financial charges -€1,055
down €1,055 (-12.8%), from €8,255 to €7,201
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 | €300,702 | €312,688 | +€11,986 | +4.0% |
| Fixed assets | 21/28 | €193,774 | €170,698 | -€23,076 | -11.9% |
| Tangible fixed assets | 22/27 | €192,526 | €169,246 | -€23,280 | -12.1% |
| Land and buildings | 22 | €165,634 | €149,563 | -€16,071 | -9.7% |
| Plant, machinery and equipment | 23 | €107 | €31 | -€76 | -70.9% |
| Furniture and vehicles | 24 | €26,785 | €19,652 | -€7,133 | -26.6% |
| Financial fixed assets | 28 | €1,248 | €1,452 | +€204 | +16.3% |
| Current assets | 29/58 | €106,928 | €141,989 | +€35,062 | +32.8% |
| Amounts receivable within one year | 40/41 | €28,294 | €52,555 | +€24,260 | +85.7% |
| Trade receivables | 40 | €24,032 | €46,693 | +€22,661 | +94.3% |
| Other amounts receivable | 41 | €4,262 | €5,862 | +€1,599 | +37.5% |
| Cash at bank and in hand | 54/58 | €69,428 | €85,354 | +€15,926 | +22.9% |
| Deferred charges and accrued income | 490/1 | €9,205 | €4,081 | -€5,124 | -55.7% |
| Total equity and liabilities | 10/49 | €300,702 | €312,688 | +€11,986 | +4.0% |
| Equity | 10/15 | €52,700 | €80,858 | +€28,158 | +53.4% |
| Contributions | 10/11 | €59,480 | €59,480 | = | 0.0% |
| Reserves | 13 | €24,170 | €39,170 | +€15,000 | +62.1% |
| Distributable reserves | 133 | €24,170 | €39,170 | +€15,000 | +62.1% |
| Profit (loss) carried forward | 14 | -€30,950 | -€17,792 | +€13,158 | +42.5% |
| Amounts payable | 17/49 | €248,002 | €231,830 | -€16,172 | -6.5% |
| Amounts payable after more than one year | 17 | €194,946 | €173,395 | -€21,551 | -11.1% |
| Financial debts | 170/4 | €155,811 | €134,255 | -€21,556 | -13.8% |
| Other amounts payable | 178/9 | €39,135 | €39,140 | +€5 | 0.0% |
| Amounts payable within one year | 42/48 | €47,658 | €53,333 | +€5,675 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €20,864 | €21,556 | +€693 | +3.3% |
| Trade debts | 44 | €2,402 | €9,918 | +€7,515 | +312.9% |
| Suppliers | 440/4 | €2,402 | €9,918 | +€7,515 | +312.9% |
| Taxes, remuneration and social security | 45 | €4,985 | €5,492 | +€506 | +10.2% |
| Taxes | 450/3 | €4,985 | €1,492 | -€3,494 | -70.1% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €19,406 | €16,367 | -€3,040 | -15.7% |
| Accrued charges and deferred income | 492/3 | €5,399 | €5,103 | -€296 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,363 | €24,769 | -€3,594 | -12.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€183 | - | +€183 | |
| Other operating charges | 640/8 | €3,896 | €3,516 | -€380 | -9.7% |
| Gross operating margin | 9900 | €59,966 | €74,176 | +€14,210 | +23.7% |
| Operating profit (loss) | 9901 | €27,890 | €45,890 | +€18,000 | +64.5% |
| Financial income | 75/76B | €291 | €432 | +€141 | +48.7% |
| Recurring financial income | 75 | €291 | €432 | +€141 | +48.7% |
| Financial charges | 65/66B | €8,255 | €7,201 | -€1,055 | -12.8% |
| Recurring financial charges | 65 | €8,255 | €7,201 | -€1,055 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €19,925 | €39,122 | +€19,196 | +96.3% |
| Income taxes | 67/77 | €6,926 | €10,964 | +€4,038 | +58.3% |
| Profit (loss) for the period | 9904 | €12,999 | €28,158 | +€15,159 | +116.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,999 | €28,158 | +€15,159 | +116.6% |
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.