MC-CHIR: what changed
Two fiscal 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-CHIR
Largest movements
- Cash -€23,944
down €23,944 (-29.2%), from €81,973 to €58,029
mainly Net result for the year (-€29,836) and Current portion of long-term debt (-€11,893)
- Tangible fixed assets -€20,814
down €20,814 (-3.3%), from €635,657 to €614,842
of which Land and buildings: -€19,355
- Profit (loss) carried forward -€29,836
down €29,836 (-42.3%), from -€70,595 to -€100,431
- Current portion of long-term debt -€11,893
down €11,893 (-56.4%), from €21,078 to €9,186
- Debts after one year -€9,186
down €9,186 (-3.4%), from €273,438 to €264,252
- Financial charges -€2,765
down €2,765 (-18.7%), from €14,821 to €12,056
- Gross operating margin +€2,113
up €2,113 (+61.3%), from €3,445 to €5,558
- Financial income -€560
no longer reported in 2025 (was €560)
- Depreciation +€134
up €134 (+0.6%), from €20,680 to €20,814
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 | €769,752 | €724,994 | -€44,759 | -5.8% |
| Fixed assets | 21/28 | €635,657 | €614,842 | -€20,814 | -3.3% |
| Tangible fixed assets | 22/27 | €635,657 | €614,842 | -€20,814 | -3.3% |
| Land and buildings | 22 | €631,369 | €612,014 | -€19,355 | -3.1% |
| Furniture and vehicles | 24 | €4,287 | €2,828 | -€1,460 | -34.0% |
| Current assets | 29/58 | €134,096 | €110,151 | -€23,944 | -17.9% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €81,973 | €58,029 | -€23,944 | -29.2% |
| Deferred charges and accrued income | 490/1 | €2,122 | €2,122 | = | 0.0% |
| Total equity and liabilities | 10/49 | €769,752 | €724,994 | -€44,759 | -5.8% |
| Equity | 10/15 | €469,209 | €439,373 | -€29,836 | -6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €521,205 | €521,205 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €519,345 | €519,345 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,595 | -€100,431 | -€29,836 | -42.3% |
| Amounts payable | 17/49 | €300,543 | €285,620 | -€14,923 | -5.0% |
| Amounts payable after more than one year | 17 | €273,438 | €264,252 | -€9,186 | -3.4% |
| Financial debts | 170/4 | €273,438 | €264,252 | -€9,186 | -3.4% |
| Amounts payable within one year | 42/48 | €27,105 | €21,368 | -€5,737 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €21,078 | €9,186 | -€11,893 | -56.4% |
| Trade debts | 44 | €4,133 | €4,218 | +€85 | +2.1% |
| Suppliers | 440/4 | €4,133 | €4,218 | +€85 | +2.1% |
| Other amounts payable | 47/48 | €1,894 | €7,964 | +€6,071 | +320.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,680 | €20,814 | +€134 | +0.6% |
| Other operating charges | 640/8 | €2,483 | €2,523 | +€40 | +1.6% |
| Gross operating margin | 9900 | €3,445 | €5,558 | +€2,113 | +61.3% |
| Operating profit (loss) | 9901 | -€19,719 | -€17,780 | +€1,939 | +9.8% |
| Financial income | 75/76B | €560 | - | -€560 | |
| Recurring financial income | 75 | €560 | - | -€560 | |
| Financial charges | 65/66B | €14,821 | €12,056 | -€2,765 | -18.7% |
| Recurring financial charges | 65 | €14,821 | €12,056 | -€2,765 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | -€33,979 | -€29,836 | +€4,143 | +12.2% |
| Profit (loss) for the period | 9904 | -€33,979 | -€29,836 | +€4,143 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,979 | -€29,836 | +€4,143 | +12.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.