M&C CONSTRUCT: 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 CONSTRUCT
Largest movements
- Stocks and contracts -€215,689
no longer reported in 2025 (was €215,689)
- Other debts -€201,709
down €201,709 (-78.1%), from €258,428 to €56,719
- Profit (loss) carried forward -€13,680
down €13,680 (-39.2%), from -€34,882 to -€48,562
- Gross operating margin +€3,108
up €3,108 (+18.8%), from -€16,559 to -€13,452
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 | €229,847 | €14,617 | -€215,230 | -93.6% |
| Current assets | 29/58 | €229,847 | €14,617 | -€215,230 | -93.6% |
| Stocks and contracts in progress | 3 | €215,689 | - | -€215,689 | |
| Contracts in progress | 37 | €215,689 | - | -€215,689 | |
| Amounts receivable within one year | 40/41 | €5,844 | €4,982 | -€862 | -14.7% |
| Other amounts receivable | 41 | €5,844 | €4,982 | -€862 | -14.7% |
| Cash at bank and in hand | 54/58 | €8,313 | €9,635 | +€1,321 | +15.9% |
| Total equity and liabilities | 10/49 | €229,847 | €14,617 | -€215,230 | -93.6% |
| Equity | 10/15 | -€28,882 | -€42,562 | -€13,680 | -47.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,882 | -€48,562 | -€13,680 | -39.2% |
| Amounts payable | 17/49 | €258,729 | €57,179 | -€201,549 | -77.9% |
| Amounts payable within one year | 42/48 | €258,729 | €57,179 | -€201,549 | -77.9% |
| Trade debts | 44 | €301 | €460 | +€159 | +53.0% |
| Suppliers | 440/4 | €301 | €460 | +€159 | +53.0% |
| Other amounts payable | 47/48 | €258,428 | €56,719 | -€201,709 | -78.1% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | -€16,559 | -€13,452 | +€3,108 | +18.8% |
| Operating profit (loss) | 9901 | -€16,621 | -€13,514 | +€3,108 | +18.7% |
| Financial charges | 65/66B | €135 | €166 | +€32 | +23.3% |
| Recurring financial charges | 65 | €135 | €166 | +€32 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,756 | -€13,680 | +€3,076 | +18.4% |
| Profit (loss) for the period | 9904 | -€16,756 | -€13,680 | +€3,076 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,756 | -€13,680 | +€3,076 | +18.4% |
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 6 October 2026 via checked.be.