M.P.T.C.: 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.P.T.C.
Largest movements
- Tangible fixed assets -€12,884
down €12,884 (-10.9%), from €118,444 to €105,560
of which Land and buildings: -€8,754
- Receivables within one year -€7,990
down €7,990 (-26.1%), from €30,662 to €22,672
of which Other amounts receivable: -€7,572
- Profit (loss) carried forward -€24,777
down €24,777 (-60.3%), from -€41,079 to -€65,856
- Debts after one year -€6,667
down €6,667 (-14.7%), from €45,334 to €38,667
- Trade debts +€6,427
up €6,427 (+426%), from €1,510 to €7,938
- Other debts +€3,664
up €3,664 (+112%), from €3,261 to €6,925
- Gross operating margin -€7,396
down €7,396 (-277%), from -€2,666 to -€10,062
- Depreciation -€3,159
down €3,159 (-19.7%), from €16,043 to €12,884
- Financial income -€903
down €903 (-44.1%), from €2,049 to €1,146
- Financial charges -€193
down €193 (-13.2%), from €1,463 to €1,269
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 | €152,444 | €131,091 | -€21,352 | -14.0% |
| Fixed assets | 21/28 | €118,444 | €105,560 | -€12,884 | -10.9% |
| Tangible fixed assets | 22/27 | €118,444 | €105,560 | -€12,884 | -10.9% |
| Land and buildings | 22 | €110,077 | €101,324 | -€8,754 | -8.0% |
| Plant, machinery and equipment | 23 | €537 | €0 | -€537 | -100% |
| Furniture and vehicles | 24 | €7,829 | €4,236 | -€3,593 | -45.9% |
| Current assets | 29/58 | €34,000 | €25,532 | -€8,468 | -24.9% |
| Amounts receivable within one year | 40/41 | €30,662 | €22,672 | -€7,990 | -26.1% |
| Trade receivables | 40 | €418 | €0 | -€418 | -100% |
| Other amounts receivable | 41 | €30,244 | €22,672 | -€7,572 | -25.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €324 | €139 | -€185 | -57.0% |
| Deferred charges and accrued income | 490/1 | €3,014 | €2,720 | -€294 | -9.7% |
| Total equity and liabilities | 10/49 | €152,444 | €131,091 | -€21,352 | -14.0% |
| Equity | 10/15 | €95,673 | €70,895 | -€24,777 | -25.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €116,751 | €116,751 | = | 0.0% |
| Distributable reserves | 133 | €116,751 | €116,751 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,079 | -€65,856 | -€24,777 | -60.3% |
| Amounts payable | 17/49 | €56,771 | €60,196 | +€3,425 | +6.0% |
| Amounts payable after more than one year | 17 | €45,334 | €38,667 | -€6,667 | -14.7% |
| Financial debts | 170/4 | €45,334 | €38,667 | -€6,667 | -14.7% |
| Amounts payable within one year | 42/48 | €11,437 | €21,529 | +€10,092 | +88.2% |
| Current portion of amounts payable after more than one year | 42 | €6,667 | €6,667 | = | 0.0% |
| Trade debts | 44 | €1,510 | €7,938 | +€6,427 | +426% |
| Suppliers | 440/4 | €1,510 | €7,938 | +€6,427 | +426% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,261 | €6,925 | +€3,664 | +112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,043 | €12,884 | -€3,159 | -19.7% |
| Other operating charges | 640/8 | €1,687 | €1,709 | +€22 | +1.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€2,666 | -€10,062 | -€7,396 | -277% |
| Operating profit (loss) | 9901 | -€20,395 | -€24,655 | -€4,259 | -20.9% |
| Financial income | 75/76B | €2,049 | €1,146 | -€903 | -44.1% |
| Recurring financial income | 75 | €2,049 | €1,146 | -€903 | -44.1% |
| Financial charges | 65/66B | €1,463 | €1,269 | -€193 | -13.2% |
| Recurring financial charges | 65 | €1,463 | €1,269 | -€193 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,809 | -€24,777 | -€4,969 | -25.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€19,809 | -€24,777 | -€4,969 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,809 | -€24,777 | -€4,969 | -25.1% |
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 25 October 2026 via checked.be.