MC.C.I.: 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.
MC.C.I.
Largest movements
- Cash +€43,484
up €43,484 (+17.8%), from €244,937 to €288,421
mainly Trade debts (+€25,962) and Net result for the year (+€15,831)
- Receivables within one year +€9,000
up €9,000 (+1500.0%), from €600 to €9,600
of which Other amounts receivable: +€9,000
- Tangible fixed assets -€8,412
down €8,412 (-20.1%), from €41,824 to €33,412
- Trade debts +€25,962
up €25,962 (+1675.3%), from €1,550 to €27,512
- Reserves +€15,831
up €15,831 (+9.6%), from €164,311 to €180,142
of which Distributable reserves: +€15,831
- Gross operating margin -€3,534
down €3,534 (-7.3%), from €48,192 to €44,659
- Taxes -€530
down €530 (-5.1%), from €10,472 to €9,942
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 | €287,362 | €331,434 | +€44,072 | +15.3% |
| Fixed assets | 21/28 | €41,824 | €33,412 | -€8,412 | -20.1% |
| Tangible fixed assets | 22/27 | €41,824 | €33,412 | -€8,412 | -20.1% |
| Land and buildings | 22 | €41,824 | €33,412 | -€8,412 | -20.1% |
| Current assets | 29/58 | €245,537 | €298,021 | +€52,484 | +21.4% |
| Amounts receivable within one year | 40/41 | €600 | €9,600 | +€9,000 | +1500.0% |
| Trade receivables | 40 | €600 | €600 | = | 0.0% |
| Other amounts receivable | 41 | - | €9,000 | +€9,000 | |
| Cash at bank and in hand | 54/58 | €244,937 | €288,421 | +€43,484 | +17.8% |
| Total equity and liabilities | 10/49 | €287,362 | €331,434 | +€44,072 | +15.3% |
| Equity | 10/15 | €206,767 | €222,598 | +€15,831 | +7.7% |
| 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 | €164,311 | €180,142 | +€15,831 | +9.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €158,111 | €173,942 | +€15,831 | +10.0% |
| Profit (loss) carried forward | 14 | -€19,543 | -€19,543 | = | 0.0% |
| Amounts payable | 17/49 | €80,594 | €108,835 | +€28,241 | +35.0% |
| Amounts payable within one year | 42/48 | €80,594 | €108,835 | +€28,241 | +35.0% |
| Trade debts | 44 | €1,550 | €27,512 | +€25,962 | +1675.3% |
| Suppliers | 440/4 | €1,550 | €27,512 | +€25,962 | +1675.3% |
| Taxes, remuneration and social security | 45 | €13,913 | €13,200 | -€713 | -5.1% |
| Taxes | 450/3 | €13,913 | €13,200 | -€713 | -5.1% |
| Other amounts payable | 47/48 | €65,131 | €68,123 | +€2,992 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,412 | €8,412 | = | 0.0% |
| Other operating charges | 640/8 | €5,623 | €5,800 | +€176 | +3.1% |
| Gross operating margin | 9900 | €48,192 | €44,659 | -€3,534 | -7.3% |
| Operating profit (loss) | 9901 | €34,157 | €30,447 | -€3,710 | -10.9% |
| Financial charges | 65/66B | €4,916 | €4,674 | -€242 | -4.9% |
| Recurring financial charges | 65 | €4,916 | €4,674 | -€242 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €29,241 | €25,773 | -€3,468 | -11.9% |
| Income taxes | 67/77 | €10,472 | €9,942 | -€530 | -5.1% |
| Profit (loss) for the period | 9904 | €18,769 | €15,831 | -€2,938 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,769 | €15,831 | -€2,938 | -15.7% |
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 9 October 2026 via checked.be.