M.C.C.: 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.
M.C.C.
Largest movements
- Cash +€21,412
up €21,412 (+34.2%), from €62,636 to €84,048
mainly Depreciation (+€17,133) and Net result for the year (+€14,851)
- Tangible fixed assets -€17,133
down €17,133 (-30.6%), from €55,943 to €38,810
- Receivables within one year -€8,555
down €8,555 (-87.7%), from €9,758 to €1,203
of which Other amounts receivable: -€5,881
- Other debts -€14,180
down €14,180 (-19.8%), from €71,453 to €57,273
- Profit (loss) carried forward +€7,771
up €7,771, from -€7,771 to €0
- Reserves +€7,080
up €7,080 (+29.4%), from €24,051 to €31,131
of which Distributable reserves: +€7,080
- Trade debts -€4,176
down €4,176 (-65.0%), from €6,426 to €2,250
- Current portion of long-term debt -€3,459
down €3,459 (-100.0%), from €3,459 to €0
- Gross operating margin +€29,806
up €29,806 (+21.6%), from €137,759 to €167,565
- Taxes +€5,611
up €5,611 (+400.8%), from €1,400 to €7,011
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 | €130,140 | €125,837 | -€4,303 | -3.3% |
| Fixed assets | 21/28 | €55,943 | €38,810 | -€17,133 | -30.6% |
| Tangible fixed assets | 22/27 | €55,943 | €38,810 | -€17,133 | -30.6% |
| Furniture and vehicles | 24 | €55,943 | €38,810 | -€17,133 | -30.6% |
| Current assets | 29/58 | €74,197 | €87,027 | +€12,830 | +17.3% |
| Amounts receivable within one year | 40/41 | €9,758 | €1,203 | -€8,555 | -87.7% |
| Trade receivables | 40 | €2,710 | €36 | -€2,674 | -98.7% |
| Other amounts receivable | 41 | €7,047 | €1,166 | -€5,881 | -83.5% |
| Cash at bank and in hand | 54/58 | €62,636 | €84,048 | +€21,412 | +34.2% |
| Deferred charges and accrued income | 490/1 | €1,803 | €1,776 | -€27 | -1.5% |
| Total equity and liabilities | 10/49 | €130,140 | €125,837 | -€4,303 | -3.3% |
| Equity | 10/15 | €22,485 | €37,336 | +€14,851 | +66.0% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €24,051 | €31,131 | +€7,080 | +29.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €24,051 | €31,131 | +€7,080 | +29.4% |
| Profit (loss) carried forward | 14 | -€7,771 | €0 | +€7,771 | |
| Amounts payable | 17/49 | €107,655 | €88,500 | -€19,154 | -17.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €107,655 | €88,500 | -€19,154 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €3,459 | €0 | -€3,459 | -100.0% |
| Trade debts | 44 | €6,426 | €2,250 | -€4,176 | -65.0% |
| Suppliers | 440/4 | €6,426 | €2,250 | -€4,176 | -65.0% |
| Taxes, remuneration and social security | 45 | €26,316 | €28,977 | +€2,662 | +10.1% |
| Taxes | 450/3 | €2,371 | €5,703 | +€3,332 | +140.5% |
| Remuneration and social security | 454/9 | €23,945 | €23,274 | -€671 | -2.8% |
| Other amounts payable | 47/48 | €71,453 | €57,273 | -€14,180 | -19.8% |
| Remuneration, social security and pensions | 62 | €125,212 | €124,988 | -€224 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,314 | €17,133 | -€181 | -1.0% |
| Other operating charges | 640/8 | €2,102 | €2,196 | +€94 | +4.5% |
| Gross operating margin | 9900 | €137,759 | €167,565 | +€29,806 | +21.6% |
| Operating profit (loss) | 9901 | -€6,869 | €23,248 | +€30,117 | |
| Financial income | 75/76B | €1,766 | €1,099 | -€667 | -37.8% |
| Recurring financial income | 75 | €1,766 | €1,099 | -€667 | -37.8% |
| Financial charges | 65/66B | €3,573 | €2,484 | -€1,089 | -30.5% |
| Recurring financial charges | 65 | €3,573 | €2,484 | -€1,089 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,676 | €21,863 | +€30,539 | |
| Income taxes | 67/77 | €1,400 | €7,011 | +€5,611 | +400.8% |
| Profit (loss) for the period | 9904 | -€10,076 | €14,851 | +€24,927 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,076 | €14,851 | +€24,927 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.