M.C. NEGOCES: 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. NEGOCES
Largest movements
- Receivables within one year +€11,919
up €11,919 (+40.5%), from €29,439 to €41,358
of which Other amounts receivable: +€11,919
- Stocks and contracts -€5,536
down €5,536 (-8.1%), from €68,049 to €62,513
- Cash +€3,606
up €3,606 (+63.3%), from €5,700 to €9,306
mainly Trade debts (+€48,458) and Stocks and contracts (+€5,536)
- Tangible fixed assets -€3,043
down €3,043 (-4.2%), from €73,007 to €69,963
of which Land and buildings: -€2,678
- Trade debts +€48,458
up €48,458 (+40.7%), from €118,964 to €167,422
- Profit (loss) carried forward -€30,015
down €30,015 (-132%), from -€22,713 to -€52,728
- Other debts -€12,118
down €12,118 (-100%), from €12,118 to €0
- Gross operating margin +€53,467
up €53,467 (+66.8%), from €80,043 to €133,510
- Staff costs +€26,238
up €26,238 (+24.1%), from €108,755 to €134,993
- Taxes +€15,805
up €15,805 (+182%), from €8,677 to €24,482
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 | €176,570 | €183,204 | +€6,634 | +3.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €73,007 | €69,963 | -€3,043 | -4.2% |
| Tangible fixed assets | 22/27 | €73,007 | €69,963 | -€3,043 | -4.2% |
| Land and buildings | 22 | €71,430 | €68,751 | -€2,678 | -3.7% |
| Plant, machinery and equipment | 23 | €1,032 | €1,032 | = | 0.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €546 | €181 | -€365 | -66.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €103,563 | €113,240 | +€9,677 | +9.3% |
| Stocks and contracts in progress | 3 | €68,049 | €62,513 | -€5,536 | -8.1% |
| Stocks | 30/36 | €68,049 | €62,513 | -€5,536 | -8.1% |
| Amounts receivable within one year | 40/41 | €29,439 | €41,358 | +€11,919 | +40.5% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €29,439 | €41,358 | +€11,919 | +40.5% |
| Cash at bank and in hand | 54/58 | €5,700 | €9,306 | +€3,606 | +63.3% |
| Deferred charges and accrued income | 490/1 | €375 | €63 | -€311 | -83.1% |
| Total equity and liabilities | 10/49 | €176,570 | €183,204 | +€6,634 | +3.8% |
| Equity | 10/15 | €45,487 | €15,472 | -€30,015 | -66.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,713 | -€52,728 | -€30,015 | -132% |
| Amounts payable | 17/49 | €131,082 | €167,732 | +€36,649 | +28.0% |
| Amounts payable within one year | 42/48 | €131,082 | €167,732 | +€36,649 | +28.0% |
| Trade debts | 44 | €118,964 | €167,422 | +€48,458 | +40.7% |
| Suppliers | 440/4 | €118,964 | €167,422 | +€48,458 | +40.7% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €0 | €310 | +€310 | |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €0 | €310 | +€310 | |
| Other amounts payable | 47/48 | €12,118 | €0 | -€12,118 | -100% |
| Turnover | 70 | €925,205 | €922,040 | -€3,165 | -0.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €845,162 | €839,577 | -€5,585 | -0.7% |
| Remuneration, social security and pensions | 62 | €108,755 | €134,993 | +€26,238 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,033 | €3,043 | -€2,989 | -49.6% |
| Other operating charges | 640/8 | €379 | €245 | -€134 | -35.3% |
| Gross operating margin | 9900 | €80,043 | €133,510 | +€53,467 | +66.8% |
| Operating profit (loss) | 9901 | -€35,123 | -€4,772 | +€30,352 | +86.4% |
| Financial charges | 65/66B | €763 | €762 | -€1 | -0.2% |
| Recurring financial charges | 65 | €763 | €762 | -€1 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€35,886 | -€5,533 | +€30,353 | +84.6% |
| Income taxes | 67/77 | €8,677 | €24,482 | +€15,805 | +182% |
| Profit (loss) for the period | 9904 | -€44,564 | -€30,015 | +€14,548 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,564 | -€30,015 | +€14,548 | +32.6% |
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 23 October 2026 via checked.be.