M.C. MACHINES: 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.
M.C. MACHINES
Largest movements
- Cash +€277,181
up €277,181 (+57.8%), from €479,711 to €756,892
mainly Stocks and contracts (+€174,794) and Depreciation (+€148,854)
- Stocks and contracts -€174,794
down €174,794 (-10.8%), from €1.6m to €1.4m
- Tangible fixed assets -€142,893
down €142,893 (-11.1%), from €1.3m to €1.1m
of which Land and buildings: -€78,552
- Receivables within one year -€43,836
down €43,836 (-5.5%), from €790,649 to €746,813
of which Other amounts receivable: -€60,758
- Debts after one year -€143,000
down €143,000 (-18.3%), from €779,666 to €636,666
of which Financial debts: -€80,000
- Reserves +€120,391
up €120,391 (+4.0%), from €3.0m to €3.1m
of which Distributable reserves: +€120,391
- Write-downs +€41,737
new in 2025: €41,737
- Gross operating margin +€37,460
up €37,460 (+5.6%), from €664,358 to €701,818
- Depreciation -€23,471
down €23,471 (-13.6%), from €172,325 to €148,854
- Staff costs -€22,855
down €22,855 (-7.1%), from €322,839 to €299,984
- Other operating charges -€7,868
down €7,868 (-22.3%), from €35,327 to €27,459
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
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 | €4,212,384 | €4,134,884 | -€77,500 | -1.8% |
| Fixed assets | 21/28 | €1,284,832 | €1,141,802 | -€143,030 | -11.1% |
| Intangible fixed assets | 21 | €137 | - | -€137 | |
| Tangible fixed assets | 22/27 | €1,284,695 | €1,141,802 | -€142,893 | -11.1% |
| Land and buildings | 22 | €1,042,103 | €963,551 | -€78,552 | -7.5% |
| Plant, machinery and equipment | 23 | €9,097 | €5,666 | -€3,431 | -37.7% |
| Furniture and vehicles | 24 | €233,495 | €172,585 | -€60,910 | -26.1% |
| Current assets | 29/58 | €2,927,552 | €2,993,082 | +€65,531 | +2.2% |
| Stocks and contracts in progress | 3 | €1,624,163 | €1,449,370 | -€174,794 | -10.8% |
| Stocks | 30/36 | €1,624,163 | €1,449,370 | -€174,794 | -10.8% |
| Amounts receivable within one year | 40/41 | €790,649 | €746,813 | -€43,836 | -5.5% |
| Trade receivables | 40 | €103,499 | €120,420 | +€16,921 | +16.3% |
| Other amounts receivable | 41 | €687,150 | €626,393 | -€60,758 | -8.8% |
| Cash at bank and in hand | 54/58 | €479,711 | €756,892 | +€277,181 | +57.8% |
| Deferred charges and accrued income | 490/1 | €33,029 | €40,009 | +€6,980 | +21.1% |
| Total equity and liabilities | 10/49 | €4,212,384 | €4,134,884 | -€77,500 | -1.8% |
| Equity | 10/15 | €3,186,722 | €3,307,113 | +€120,391 | +3.8% |
| Contributions | 10/11 | €185,920 | €185,920 | = | 0.0% |
| Capital | 10 | €185,920 | €185,920 | = | 0.0% |
| Issued capital | 100 | €185,920 | €185,920 | = | 0.0% |
| Reserves | 13 | €3,000,802 | €3,121,193 | +€120,391 | +4.0% |
| Non-distributable reserves | 130/1 | €19,500 | €19,500 | = | 0.0% |
| Legal reserve | 130 | €19,500 | €19,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €78,675 | €78,675 | = | 0.0% |
| Distributable reserves | 133 | €2,902,628 | €3,023,019 | +€120,391 | +4.1% |
| Amounts payable | 17/49 | €1,025,662 | €827,771 | -€197,891 | -19.3% |
| Amounts payable after more than one year | 17 | €779,666 | €636,666 | -€143,000 | -18.3% |
| Financial debts | 170/4 | €206,666 | €126,666 | -€80,000 | -38.7% |
| Other amounts payable | 178/9 | €573,000 | €510,000 | -€63,000 | -11.0% |
| Amounts payable within one year | 42/48 | €244,508 | €189,617 | -€54,891 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €80,000 | €80,000 | = | 0.0% |
| Trade debts | 44 | €80,005 | €53,555 | -€26,450 | -33.1% |
| Suppliers | 440/4 | €80,005 | €53,555 | -€26,450 | -33.1% |
| Taxes, remuneration and social security | 45 | €84,503 | €56,062 | -€28,441 | -33.7% |
| Taxes | 450/3 | €36,892 | €23,201 | -€13,691 | -37.1% |
| Remuneration and social security | 454/9 | €47,611 | €32,862 | -€14,749 | -31.0% |
| Accrued charges and deferred income | 492/3 | €1,488 | €1,488 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €322,839 | €299,984 | -€22,855 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172,325 | €148,854 | -€23,471 | -13.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €41,737 | +€41,737 | |
| Other operating charges | 640/8 | €35,327 | €27,459 | -€7,868 | -22.3% |
| Gross operating margin | 9900 | €664,358 | €701,818 | +€37,460 | +5.6% |
| Operating profit (loss) | 9901 | €133,867 | €183,783 | +€49,916 | +37.3% |
| Financial income | 75/76B | €16,452 | €11,084 | -€5,368 | -32.6% |
| Recurring financial income | 75 | €16,452 | €11,084 | -€5,368 | -32.6% |
| Financial charges | 65/66B | €32,771 | €30,922 | -€1,850 | -5.6% |
| Recurring financial charges | 65 | €32,771 | €30,922 | -€1,850 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €117,547 | €163,945 | +€46,397 | +39.5% |
| Income taxes | 67/77 | €45,516 | €43,553 | -€1,962 | -4.3% |
| Profit (loss) for the period | 9904 | €72,032 | €120,391 | +€48,360 | +67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,032 | €120,391 | +€48,360 | +67.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.