M.P.C. MANAGEMENT: 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.
What changed
M.P.C. MANAGEMENT
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€395,651
2024 · €93,518+€302,133
Equity
€7.4m
2024 · €7.0m+€395,651
Cash
€70,242
2024 · €463,246-€393,004
Balance sheet total
€8.2m
2024 · €7.4m+€802,788
Largest movements
Assets
- Tangible fixed assets +€1.9m
up €1.9m (+88.1%), from €2.2m to €4.1m
of which Assets under construction and advance payments: +€2.0m
- Current investments -€721,727
down €721,727 (-15.5%), from €4.7m to €3.9m
- Cash -€393,004
down €393,004 (-84.8%), from €463,246 to €70,242
mainly Investment in fixed assets (net) (-€2.0m) and Other debts (-€37,687)
Equity and liabilities
- Reserves +€395,651
up €395,651 (+5.7%), from €6.9m to €7.3m
of which Distributable reserves: +€395,651
- Advances received +€370,000
new in 2025: €370,000
- Short-term financial debts +€110,000
new in 2025: €110,000
Income statement
- Financial income +€375,515
up €375,515 (+129%), from €291,745 to €667,260
- Taxes +€141,103
up €141,103 (+1,390%), from €10,154 to €151,256
- Financial charges +€118,101
up €118,101, from -€247 to €117,854
- Gross operating margin +€47,883
up €47,883 (+71.3%), from €67,199 to €115,082
- Other operating charges -€40,393
down €40,393 (-85.1%), from €47,472 to €7,078
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.
Result 2024
€93,518
Gross operating margin
+€47,883
Staff costs
+€3,900
Depreciation
+€4,628
Other operating charges
+€40,393
Other operating items
+€89,017
Financial income
+€375,515
Financial charges
-€118,101
Taxes
-€141,103
Result 2025
€395,651
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€806,772
Investment
-€1.3m
Financing
+€81,124
Cash 2024
€463,246
From operations (derived)
+€806,772
Net result for the year
+€395,651
Depreciation
+€74,204
Smaller working-capital items
+€5,627
Receivables within one year
+€8,818
Trade debts
-€9,841
Advances received
+€370,000
Other debts
-€37,687
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€2.0m
Current investments
+€721,727
Financing
+€81,124
Debts after one year
-€29,253
Current portion of long-term debt
+€378
Short-term financial debts
+€110,000
Cash 2025
€70,242
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,350,087 | €8,152,875 | +€802,788 | +10.9% |
| Fixed assets | 21/28 | €2,188,474 | €4,116,898 | +€1.9m | +88.1% |
| Tangible fixed assets | 22/27 | €2,188,426 | €4,116,849 | +€1.9m | +88.1% |
| Land and buildings | 22 | €1,584,617 | €1,542,886 | -€41,731 | -2.6% |
| Plant, machinery and equipment | 23 | €8,328 | €7,529 | -€799 | -9.6% |
| Furniture and vehicles | 24 | €77,197 | €45,522 | -€31,675 | -41.0% |
| Assets under construction and advance payments | 27 | €518,285 | €2,520,913 | +€2.0m | +386% |
| Financial fixed assets | 28 | €49 | €49 | = | 0.0% |
| Current assets | 29/58 | €5,161,612 | €4,035,977 | -€1.1m | -21.8% |
| Amounts receivable after more than one year | 29 | €1,231 | €1,231 | = | 0.0% |
| Other amounts receivable | 291 | €1,231 | €1,231 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,214 | €0 | -€3,214 | -100% |
| Stocks | 30/36 | €3,214 | €0 | -€3,214 | -100% |
| Amounts receivable within one year | 40/41 | €28,360 | €19,542 | -€8,818 | -31.1% |
| Trade receivables | 40 | €22,592 | €18,981 | -€3,611 | -16.0% |
| Other amounts receivable | 41 | €5,768 | €562 | -€5,207 | -90.3% |
| Current investments | 50/53 | €4,659,510 | €3,937,783 | -€721,727 | -15.5% |
| Cash at bank and in hand | 54/58 | €463,246 | €70,242 | -€393,004 | -84.8% |
| Deferred charges and accrued income | 490/1 | €6,050 | €7,179 | +€1,129 | +18.7% |
| Total equity and liabilities | 10/49 | €7,350,087 | €8,152,875 | +€802,788 | +10.9% |
| Equity | 10/15 | €6,968,643 | €7,364,293 | +€395,651 | +5.7% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €6,903,740 | €7,299,391 | +€395,651 | +5.7% |
| Non-distributable reserves | 130/1 | €48,339 | - | -€48,339 | |
| Legal reserve | 130 | €48,339 | - | -€48,339 | |
| Tax-exempt reserves | 132 | - | €48,339 | +€48,339 | |
| Distributable reserves | 133 | €6,855,401 | €7,251,051 | +€395,651 | +5.8% |
| Profit (loss) carried forward | 14 | €2,402 | €2,402 | = | 0.0% |
| Amounts payable | 17/49 | €381,444 | €788,582 | +€407,138 | +107% |
| Amounts payable after more than one year | 17 | €39,089 | €9,836 | -€29,253 | -74.8% |
| Financial debts | 170/4 | €39,089 | €9,836 | -€29,253 | -74.8% |
| Amounts payable within one year | 42/48 | €342,355 | €778,745 | +€436,391 | +127% |
| Current portion of amounts payable after more than one year | 42 | €28,876 | €29,253 | +€378 | +1.3% |
| Financial debts | 43 | - | €110,000 | +€110,000 | |
| Credit institutions | 430/8 | - | €110,000 | +€110,000 | |
| Trade debts | 44 | €37,982 | €28,140 | -€9,841 | -25.9% |
| Suppliers | 440/4 | €37,982 | €28,140 | -€9,841 | -25.9% |
| Advances received on contracts in progress | 46 | - | €370,000 | +€370,000 | |
| Taxes, remuneration and social security | 45 | €48,794 | €52,336 | +€3,541 | +7.3% |
| Taxes | 450/3 | €44,241 | €47,406 | +€3,165 | +7.2% |
| Remuneration and social security | 454/9 | €4,553 | €4,930 | +€377 | +8.3% |
| Other amounts payable | 47/48 | €226,703 | €189,016 | -€37,687 | -16.6% |
| Non-recurring operating income | 76A | €196 | €15,742 | +€15,546 | +7,933% |
| Remuneration, social security and pensions | 62 | €40,199 | €36,298 | -€3,900 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,833 | €74,204 | -€4,628 | -5.9% |
| Other operating charges | 640/8 | €47,472 | €7,078 | -€40,393 | -85.1% |
| Non-recurring operating charges | 66A | €89,017 | €0 | -€89,017 | -100% |
| Gross operating margin | 9900 | €67,199 | €115,082 | +€47,883 | +71.3% |
| Operating profit (loss) | 9901 | -€188,321 | -€2,499 | +€185,822 | +98.7% |
| Financial income | 75/76B | €291,745 | €667,260 | +€375,515 | +129% |
| Recurring financial income | 75 | €291,745 | €667,260 | +€375,515 | +129% |
| Financial charges | 65/66B | -€247 | €117,854 | +€118,101 | |
| Recurring financial charges | 65 | -€247 | €117,854 | +€118,101 | |
| Profit (loss) for the period before taxes | 9903 | €103,671 | €546,907 | +€443,235 | +428% |
| Income taxes | 67/77 | €10,154 | €151,256 | +€141,103 | +1,390% |
| Profit (loss) for the period | 9904 | €93,518 | €395,651 | +€302,133 | +323% |
| Profit (loss) for the period to be appropriated | 9905 | €93,518 | €395,651 | +€302,133 | +323% |
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 27 October 2026 via checked.be.