MVC 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.
MVC CONSULTING
Largest movements
- Receivables within one year -€16,184
down €16,184 (-13.8%), from €117,013 to €100,830
of which Trade receivables: -€18,434
- Tangible fixed assets -€10,705
down €10,705 (-7.3%), from €145,831 to €135,126
of which Land and buildings: -€13,391
- Other debts +€19,084
up €19,084 (+28.8%), from €66,175 to €85,259
- Trade debts -€12,650
down €12,650 (-74.4%), from €17,013 to €4,363
- Reserves -€12,276
down €12,276 (-4.1%), from €301,822 to €289,546
- Tax, wage and social debts -€10,754
down €10,754 (-57.4%), from €18,749 to €7,995
- Current portion of long-term debt -€6,502
down €6,502 (-100.0%), from €6,502 to €0
- Gross operating margin -€17,992
down €17,992 (-13.6%), from €132,295 to €114,303
- Taxes -€5,017
down €5,017 (-14.4%), from €34,786 to €29,769
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 | €432,676 | €409,546 | -€23,130 | -5.3% |
| Fixed assets | 21/28 | €145,831 | €135,126 | -€10,705 | -7.3% |
| Tangible fixed assets | 22/27 | €145,831 | €135,126 | -€10,705 | -7.3% |
| Land and buildings | 22 | €145,707 | €132,316 | -€13,391 | -9.2% |
| Furniture and vehicles | 24 | €124 | €2,810 | +€2,686 | +2158.7% |
| Current assets | 29/58 | €286,844 | €274,419 | -€12,425 | -4.3% |
| Amounts receivable within one year | 40/41 | €117,013 | €100,830 | -€16,184 | -13.8% |
| Trade receivables | 40 | €97,904 | €79,471 | -€18,434 | -18.8% |
| Other amounts receivable | 41 | €19,109 | €21,359 | +€2,250 | +11.8% |
| Cash at bank and in hand | 54/58 | €168,106 | €171,872 | +€3,767 | +2.2% |
| Deferred charges and accrued income | 490/1 | €1,725 | €1,718 | -€8 | -0.4% |
| Total equity and liabilities | 10/49 | €432,676 | €409,546 | -€23,130 | -5.3% |
| Equity | 10/15 | €308,022 | €295,746 | -€12,276 | -4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €301,822 | €289,546 | -€12,276 | -4.1% |
| Distributable reserves | 133 | €301,822 | €289,546 | -€12,276 | -4.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €124,654 | €113,800 | -€10,854 | -8.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €124,634 | €113,799 | -€10,835 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €6,502 | €0 | -€6,502 | -100.0% |
| Financial debts | 43 | €16,195 | €16,183 | -€13 | -0.1% |
| Credit institutions | 430/8 | €16,195 | €16,183 | -€13 | -0.1% |
| Trade debts | 44 | €17,013 | €4,363 | -€12,650 | -74.4% |
| Suppliers | 440/4 | €17,013 | €4,363 | -€12,650 | -74.4% |
| Taxes, remuneration and social security | 45 | €18,749 | €7,995 | -€10,754 | -57.4% |
| Taxes | 450/3 | €18,749 | €7,995 | -€10,754 | -57.4% |
| Other amounts payable | 47/48 | €66,175 | €85,259 | +€19,084 | +28.8% |
| Accrued charges and deferred income | 492/3 | €19 | €0 | -€19 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,843 | €8,478 | -€365 | -4.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €1,716 | €1,965 | +€249 | +14.5% |
| Non-recurring operating charges | 66A | - | €124 | +€124 | |
| Gross operating margin | 9900 | €132,295 | €114,303 | -€17,992 | -13.6% |
| Operating profit (loss) | 9901 | €121,735 | €103,735 | -€18,000 | -14.8% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €1,865 | €992 | -€872 | -46.8% |
| Recurring financial charges | 65 | €1,865 | €992 | -€872 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €119,870 | €102,752 | -€17,118 | -14.3% |
| Income taxes | 67/77 | €34,786 | €29,769 | -€5,017 | -14.4% |
| Profit (loss) for the period | 9904 | €85,084 | €72,983 | -€12,101 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €85,084 | €72,983 | -€12,101 | -14.2% |
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 5 October 2026 via checked.be.