M&C CLES SERVICE: what changed
M&C CLES SERVICE
Largest movements
- Receivables within one year -€17,626
down €17,626 (-61.2%), from €28,812 to €11,186
- Cash +€9,305
up €9,305 (+398%), from €2,339 to €11,644
mainly Receivables within one year (+€17,626) and Net result for the year (+€6,033)
- Stocks and contracts +€3,645
up €3,645 (+13.6%), from €26,888 to €30,533
- Trade debts -€15,521
down €15,521 (-13.0%), from €119,146 to €103,625
- Profit (loss) carried forward +€6,033
up €6,033 (+7.4%), from -€81,069 to -€75,036
- Other debts +€5,415
up €5,415 (+165%), from €3,279 to €8,694
- Staff costs -€13,466
no longer reported in 2025 (was €13,466)
- Other operating charges +€4,095
new in 2025: €4,095
- Gross operating margin -€3,947
down €3,947 (-27.6%), from €14,306 to €10,359
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,349 | €68,673 | -€4,676 | -6.4% |
| Fixed assets | 21/28 | €15,310 | €15,310 | = | 0.0% |
| Financial fixed assets | 28 | €15,310 | €15,310 | = | 0.0% |
| Current assets | 29/58 | €58,039 | €53,363 | -€4,676 | -8.1% |
| Stocks and contracts in progress | 3 | €26,888 | €30,533 | +€3,645 | +13.6% |
| Stocks | 30/36 | €26,888 | €30,533 | +€3,645 | +13.6% |
| Amounts receivable within one year | 40/41 | €28,812 | €11,186 | -€17,626 | -61.2% |
| Trade receivables | 40 | €28,812 | €11,186 | -€17,626 | -61.2% |
| Cash at bank and in hand | 54/58 | €2,339 | €11,644 | +€9,305 | +398% |
| Total equity and liabilities | 10/49 | €73,349 | €68,673 | -€4,676 | -6.4% |
| Equity | 10/15 | -€62,469 | -€56,436 | +€6,033 | +9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€81,069 | -€75,036 | +€6,033 | +7.4% |
| Amounts payable | 17/49 | €135,818 | €125,109 | -€10,709 | -7.9% |
| Amounts payable within one year | 42/48 | €135,818 | €125,109 | -€10,709 | -7.9% |
| Trade debts | 44 | €119,146 | €103,625 | -€15,521 | -13.0% |
| Suppliers | 440/4 | €119,146 | €103,625 | -€15,521 | -13.0% |
| Taxes, remuneration and social security | 45 | €13,393 | €12,790 | -€603 | -4.5% |
| Taxes | 450/3 | €13,393 | €12,790 | -€603 | -4.5% |
| Other amounts payable | 47/48 | €3,279 | €8,694 | +€5,415 | +165% |
| Remuneration, social security and pensions | 62 | €13,466 | - | -€13,466 | |
| Other operating charges | 640/8 | - | €4,095 | +€4,095 | |
| Gross operating margin | 9900 | €14,306 | €10,359 | -€3,947 | -27.6% |
| Operating profit (loss) | 9901 | €840 | €6,263 | +€5,423 | +646% |
| Financial charges | 65/66B | €248 | €230 | -€18 | -7.2% |
| Recurring financial charges | 65 | €248 | €230 | -€18 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €592 | €6,033 | +€5,441 | +919% |
| Profit (loss) for the period | 9904 | €592 | €6,033 | +€5,441 | +919% |
| Profit (loss) for the period to be appropriated | 9905 | €592 | €6,033 | +€5,441 | +919% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.