GROEP M.C.: 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.
GROEP M.C.
Largest movements
- Current investments +€22,766
up €22,766 (+8,534%), from €267 to €23,033
- Tangible fixed assets -€4,314
down €4,314 (-1.3%), from €344,897 to €340,583
of which Land and buildings: -€5,180
- Profit (loss) carried forward +€15,772
up €15,772 (+40.8%), from €38,634 to €54,406
- Gross operating margin +€23,541
up €23,541, from -€2,692 to €20,849
- Taxes +€3,582
new in 2025: €3,582
- Financial charges -€1,577
down €1,577 (-79.4%), from €1,985 to €408
of which Financial charges: -€1,277
- Depreciation -€214
down €214 (-10.7%), from €1,992 to €1,778
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.
Derived cash bridge
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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €345,368 | €363,616 | +€18,248 | +5.3% |
| Fixed assets | 21/28 | €344,897 | €340,583 | -€4,314 | -1.3% |
| Tangible fixed assets | 22/27 | €344,897 | €340,583 | -€4,314 | -1.3% |
| Land and buildings | 22 | €60,351 | €55,171 | -€5,180 | -8.6% |
| Other tangible fixed assets | 26 | €284,546 | €285,411 | +€865 | +0.3% |
| Current assets | 29/58 | €471 | €23,033 | +€22,562 | +4,789% |
| Amounts receivable within one year | 40/41 | €204 | - | -€204 | |
| Trade receivables | 40 | €204 | - | -€204 | |
| Current investments | 50/53 | €267 | €23,033 | +€22,766 | +8,534% |
| Total equity and liabilities | 10/49 | €345,368 | €363,616 | +€18,248 | +5.3% |
| Equity | 10/15 | €234,586 | €249,019 | +€14,434 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €177,352 | €176,013 | -€1,339 | -0.8% |
| Tax-exempt reserves | 132 | €21,603 | €20,264 | -€1,339 | -6.2% |
| Distributable reserves | 133 | €155,749 | €155,749 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,634 | €54,406 | +€15,772 | +40.8% |
| Provisions and deferred taxes | 16 | €7,213 | €6,771 | -€442 | -6.1% |
| Deferred taxes | 168 | €7,213 | €6,771 | -€442 | -6.1% |
| Amounts payable | 17/49 | €103,569 | €107,826 | +€4,256 | +4.1% |
| Amounts payable after more than one year | 17 | €103,069 | €103,410 | +€340 | +0.3% |
| Other amounts payable | 178/9 | €103,069 | €103,410 | +€340 | +0.3% |
| Amounts payable within one year | 42/48 | €500 | €4,416 | +€3,916 | +783% |
| Trade debts | 44 | €500 | €834 | +€334 | +66.8% |
| Suppliers | 440/4 | €500 | €834 | +€334 | +66.8% |
| Taxes, remuneration and social security | 45 | - | €3,582 | +€3,582 | |
| Taxes | 450/3 | - | €3,582 | +€3,582 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,992 | €1,778 | -€214 | -10.7% |
| Other operating charges | 640/8 | €1,045 | €1,090 | +€45 | +4.3% |
| Gross operating margin | 9900 | -€2,692 | €20,849 | +€23,541 | |
| Operating profit (loss) | 9901 | -€5,728 | €17,982 | +€23,710 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,985 | €408 | -€1,577 | -79.4% |
| Recurring financial charges | 65 | €1,685 | €408 | -€1,277 | -75.8% |
| Non-recurring financial charges | 66B | €300 | - | -€300 | |
| Profit (loss) for the period before taxes | 9903 | -€7,713 | €17,574 | +€25,286 | |
| Transfer from deferred taxes | 780 | €442 | €442 | = | 0.0% |
| Income taxes | 67/77 | - | €3,582 | +€3,582 | |
| Profit (loss) for the period | 9904 | -€7,270 | €14,434 | +€21,704 | |
| Transfer from tax-exempt reserves | 789 | €1,339 | €1,339 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,932 | €15,772 | +€21,704 |
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 15 October 2026 via checked.be.