M-R & 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-R & C°
Largest movements
- Cash +€1,714
up €1,714 (+38.5%), from €4,455 to €6,169
mainly Net result for the year (+€5,763) and Tax, wage and social debts (+€198)
- Receivables within one year +€668
up €668 (+36.1%), from €1,849 to €2,517
of which Trade receivables: +€357
- Deferred charges and accrued income +€179
new in 2025: €179
- Profit (loss) carried forward +€5,763
up €5,763 (+11.0%), from -€52,447 to -€46,684
- Trade debts -€3,401
down €3,401 (-80.8%), from €4,210 to €809
- Tax, wage and social debts +€198
new in 2025: €198
- Gross operating margin +€3,948
up €3,948 (+170%), from €2,322 to €6,270
- Write-downs -€1,453
no longer reported in 2025 (was €1,453)
- Financial income -€1,453
no longer reported in 2025 (was €1,453)
- Other operating charges -€561
down €561 (-84.1%), from €668 to €106
- Taxes +€362
new in 2025: €362
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 | €6,303 | €8,865 | +€2,562 | +40.6% |
| Current assets | 29/58 | €6,303 | €8,865 | +€2,562 | +40.6% |
| Amounts receivable within one year | 40/41 | €1,849 | €2,517 | +€668 | +36.1% |
| Trade receivables | 40 | €1,413 | €1,770 | +€357 | +25.3% |
| Other amounts receivable | 41 | €435 | €747 | +€311 | +71.5% |
| Cash at bank and in hand | 54/58 | €4,455 | €6,169 | +€1,714 | +38.5% |
| Deferred charges and accrued income | 490/1 | - | €179 | +€179 | |
| Total equity and liabilities | 10/49 | €6,303 | €8,865 | +€2,562 | +40.6% |
| Equity | 10/15 | €2,090 | €7,853 | +€5,763 | +276% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €4,958 | €4,958 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,447 | -€46,684 | +€5,763 | +11.0% |
| Amounts payable | 17/49 | €4,214 | €1,013 | -€3,201 | -76.0% |
| Amounts payable within one year | 42/48 | €4,214 | €1,013 | -€3,201 | -76.0% |
| Trade debts | 44 | €4,210 | €809 | -€3,401 | -80.8% |
| Suppliers | 440/4 | €4,210 | €809 | -€3,401 | -80.8% |
| Taxes, remuneration and social security | 45 | - | €198 | +€198 | |
| Taxes | 450/3 | - | €198 | +€198 | |
| Other amounts payable | 47/48 | €4 | €5 | +€2 | +46.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,453 | - | -€1,453 | |
| Other operating charges | 640/8 | €668 | €106 | -€561 | -84.1% |
| Gross operating margin | 9900 | €2,322 | €6,270 | +€3,948 | +170% |
| Operating profit (loss) | 9901 | €201 | €6,163 | +€5,962 | +2,961% |
| Financial income | 75/76B | €1,453 | - | -€1,453 | |
| Recurring financial income | 75 | €1,453 | - | -€1,453 | |
| Financial charges | 65/66B | €40 | €38 | -€3 | -6.3% |
| Recurring financial charges | 65 | €40 | €38 | -€3 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €1,614 | €6,126 | +€4,512 | +280% |
| Income taxes | 67/77 | - | €362 | +€362 | |
| Profit (loss) for the period | 9904 | €1,614 | €5,763 | +€4,149 | +257% |
| Profit (loss) for the period to be appropriated | 9905 | €1,614 | €5,763 | +€4,149 | +257% |
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.