MC²: 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.
MC²
Largest movements
- Receivables within one year +€137,427
up €137,427 (+52.3%), from €262,769 to €400,196
of which Other amounts receivable: +€149,527
- Receivables after one year -€136,141
down €136,141 (-6.8%), from €2.0m to €1.9m
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€555,295
down €555,295 (-92.6%), from €599,791 to €44,496
- Turnover -€45,000
down €45,000 (-13.0%), from €345,000 to €300,000
- Taxes -€11,940
down €11,940 (-67.5%), from €17,687 to €5,747
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.
Cash bridge derived
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 | €6,143,549 | €6,148,811 | +€5,262 | +0.1% |
| Fixed assets | 21/28 | €3,811,820 | €3,811,820 | = | 0.0% |
| Financial fixed assets | 28 | €3,811,820 | €3,811,820 | = | 0.0% |
| Affiliated companies | 280/1 | €3,811,820 | €3,811,820 | = | 0.0% |
| Participating interests | 280 | €3,811,820 | €3,811,820 | = | 0.0% |
| Current assets | 29/58 | €2,331,729 | €2,336,991 | +€5,262 | +0.2% |
| Amounts receivable after more than one year | 29 | €2,000,000 | €1,863,859 | -€136,141 | -6.8% |
| Other amounts receivable | 291 | €2,000,000 | €1,863,859 | -€136,141 | -6.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €262,769 | €400,196 | +€137,427 | +52.3% |
| Trade receivables | 40 | €12,100 | €0 | -€12,100 | -100.0% |
| Other amounts receivable | 41 | €250,669 | €400,196 | +€149,527 | +59.7% |
| Cash at bank and in hand | 54/58 | €26,467 | €30,345 | +€3,878 | +14.7% |
| Deferred charges and accrued income | 490/1 | €42,494 | €42,591 | +€97 | +0.2% |
| Total equity and liabilities | 10/49 | €6,143,549 | €6,148,811 | +€5,262 | +0.1% |
| Equity | 10/15 | €4,118,159 | €4,123,926 | +€5,767 | +0.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €3,966,880 | €3,973,926 | +€7,046 | +0.2% |
| Distributable reserves | 133 | €3,966,880 | €3,973,926 | +€7,046 | +0.2% |
| Profit (loss) carried forward | 14 | €1,279 | €0 | -€1,279 | -100.0% |
| Amounts payable | 17/49 | €2,025,391 | €2,024,885 | -€505 | 0.0% |
| Amounts payable within one year | 42/48 | €2,022,519 | €2,022,006 | -€513 | 0.0% |
| Trade debts | 44 | €35 | €37 | +€2 | +4.8% |
| Suppliers | 440/4 | €35 | €37 | +€2 | +4.8% |
| Taxes, remuneration and social security | 45 | €26,283 | €15,669 | -€10,614 | -40.4% |
| Taxes | 450/3 | €26,283 | €15,669 | -€10,614 | -40.4% |
| Other amounts payable | 47/48 | €1,996,200 | €2,006,300 | +€10,100 | +0.5% |
| Accrued charges and deferred income | 492/3 | €2,872 | €2,880 | +€7 | +0.3% |
| Operating income | 70/76A | €345,000 | €300,000 | -€45,000 | -13.0% |
| Turnover | 70 | €345,000 | €300,000 | -€45,000 | -13.0% |
| Operating charges | 60/66A | €252,439 | €252,993 | +€555 | +0.2% |
| Services and other goods | 61 | €249,821 | €250,150 | +€329 | +0.1% |
| Other operating charges | 640/8 | €2,618 | €2,843 | +€225 | +8.6% |
| Operating profit (loss) | 9901 | €92,561 | €47,007 | -€45,555 | -49.2% |
| Financial income | 75/76B | €599,791 | €44,496 | -€555,295 | -92.6% |
| Recurring financial income | 75 | €599,791 | €44,496 | -€555,295 | -92.6% |
| Income from financial fixed assets | 750 | €557,737 | €0 | -€557,737 | -100.0% |
| Income from current assets | 751 | €42,054 | €44,496 | +€2,443 | +5.8% |
| Financial charges | 65/66B | €80,339 | €79,988 | -€350 | -0.4% |
| Recurring financial charges | 65 | €80,339 | €79,988 | -€350 | -0.4% |
| Debt charges | 650 | €80,304 | €79,948 | -€356 | -0.4% |
| Other financial charges | 652/9 | €35 | €40 | +€5 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €612,014 | €11,514 | -€600,499 | -98.1% |
| Income taxes | 67/77 | €17,687 | €5,747 | -€11,940 | -67.5% |
| Taxes | 670/3 | €17,687 | €5,747 | -€11,940 | -67.5% |
| Profit (loss) for the period | 9904 | €594,326 | €5,767 | -€588,559 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €594,326 | €5,767 | -€588,559 | -99.0% |
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 10 October 2026 via checked.be.