MTC CONSULTING: 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.
MTC CONSULTING
Largest movements
- Tangible fixed assets -€2,118
down €2,118 (-35.5%), from €5,968 to €3,850
- Current assets +€1,536
up €1,536 (+4.5%), from €34,184 to €35,720
of which Cash: +€3,092
- Profit (loss) carried forward -€4,771
down €4,771 (-18.4%), from -€25,909 to -€30,680
- Debts within one year +€4,189
up €4,189 (+13.1%), from €31,975 to €36,164
- Gross operating margin -€4,747
down €4,747, from €3,010 to -€1,737
- Depreciation -€418
down €418 (-16.5%), from €2,536 to €2,118
- Taxes -€130
down €130 (-65.0%), from €200 to €70
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,152 | €39,570 | -€582 | -1.4% |
| Fixed assets | 21/28 | €5,968 | €3,850 | -€2,118 | -35.5% |
| Tangible fixed assets | 22/27 | €5,968 | €3,850 | -€2,118 | -35.5% |
| Current assets | 29/58 | €34,184 | €35,720 | +€1,536 | +4.5% |
| Amounts receivable within one year | 40/41 | €31,241 | €29,827 | -€1,414 | -4.5% |
| Current investments | 50/53 | €2,487 | €2,487 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €3,092 | +€3,092 | |
| Total equity and liabilities | 10/49 | €40,152 | €39,570 | -€582 | -1.4% |
| Equity | 10/15 | €8,177 | €3,406 | -€4,771 | -58.3% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,909 | -€30,680 | -€4,771 | -18.4% |
| Amounts payable | 17/49 | €31,975 | €36,164 | +€4,189 | +13.1% |
| Amounts payable within one year | 42/48 | €31,975 | €36,164 | +€4,189 | +13.1% |
| Trade debts | 44 | €770 | €415 | -€355 | -46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,536 | €2,118 | -€418 | -16.5% |
| Gross operating margin | 9900 | €3,010 | -€1,737 | -€4,747 | |
| Operating profit (loss) | 9901 | -€600 | -€4,630 | -€4,030 | -671.7% |
| Recurring financial income | 75 | €88 | €93 | +€5 | +5.7% |
| Recurring financial charges | 65 | €430 | €164 | -€266 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | -€942 | -€4,701 | -€3,759 | -399.0% |
| Income taxes | 67/77 | €200 | €70 | -€130 | -65.0% |
| Profit (loss) for the period | 9904 | -€1,142 | -€4,771 | -€3,629 | -317.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,142 | -€4,771 | -€3,629 | -317.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2019 and 30 September 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.