MC Company: 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 Company
Largest movements
- Cash +€1.7m
up €1.7m (+67,816%), from €2,541 to €1.7m
mainly Contributions, distributions and other (+€2.7m) and Trade debts (+€312,988)
- Tangible fixed assets +€613,496
up €613,496 (+23.6%), from €2.6m to €3.2m
- Receivables within one year +€457,229
up €457,229, from €0 to €457,229
of which Other amounts receivable: +€452,729
- Formation expenses -€391,167
down €391,167 (-99.7%), from €392,163 to €996
- Contributions +€2.7m
up €2.7m (+1,007%), from €270,000 to €3.0m
- Debts after one year -€552,452
down €552,452 (-21.2%), from €2.6m to €2.0m
- Trade debts +€312,988
new in 2025: €312,988
- Other debts -€60,000
no longer reported in 2025 (was €60,000)
- Other operating charges +€3,238
up €3,238 (+54.0%), from €5,995 to €9,233
- Financial charges -€3,144
down €3,144 (-3.7%), from €84,214 to €81,070
- Financial income +€2,729
new in 2025: €2,729
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 | €2,989,977 | €5,392,419 | +€2.4m | +80.3% |
| Formation expenses | 20 | €392,163 | €996 | -€391,167 | -99.7% |
| Fixed assets | 21/28 | €2,595,274 | €3,208,770 | +€613,496 | +23.6% |
| Tangible fixed assets | 22/27 | €2,595,274 | €3,208,770 | +€613,496 | +23.6% |
| Land and buildings | 22 | €2,595,274 | €3,208,770 | +€613,496 | +23.6% |
| Current assets | 29/58 | €2,541 | €2,182,653 | +€2.2m | +85,814% |
| Amounts receivable within one year | 40/41 | €0 | €457,229 | +€457,229 | |
| Trade receivables | 40 | €0 | €4,500 | +€4,500 | |
| Other amounts receivable | 41 | - | €452,729 | +€452,729 | |
| Cash at bank and in hand | 54/58 | €2,541 | €1,725,425 | +€1.7m | +67,816% |
| Total equity and liabilities | 10/49 | €2,989,977 | €5,392,419 | +€2.4m | +80.3% |
| Equity | 10/15 | €238,072 | €2,937,026 | +€2.7m | +1,134% |
| Contributions | 10/11 | €270,000 | €2,990,000 | +€2.7m | +1,007% |
| Profit (loss) carried forward | 14 | -€31,928 | -€52,974 | -€21,046 | -65.9% |
| Amounts payable | 17/49 | €2,751,905 | €2,455,392 | -€296,513 | -10.8% |
| Amounts payable after more than one year | 17 | €2,602,405 | €2,049,953 | -€552,452 | -21.2% |
| Financial debts | 170/4 | €2,602,405 | €2,049,953 | -€552,452 | -21.2% |
| Amounts payable within one year | 42/48 | €149,116 | €405,439 | +€256,323 | +172% |
| Current portion of amounts payable after more than one year | 42 | €89,116 | €92,452 | +€3,336 | +3.7% |
| Trade debts | 44 | - | €312,988 | +€312,988 | |
| Suppliers | 440/4 | - | €312,988 | +€312,988 | |
| Other amounts payable | 47/48 | €60,000 | - | -€60,000 | |
| Accrued charges and deferred income | 492/3 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,724 | €88,140 | -€584 | -0.7% |
| Other operating charges | 640/8 | €5,995 | €9,233 | +€3,238 | +54.0% |
| Gross operating margin | 9900 | €155,736 | €154,667 | -€1,068 | -0.7% |
| Operating profit (loss) | 9901 | €61,017 | €57,295 | -€3,722 | -6.1% |
| Financial income | 75/76B | - | €2,729 | +€2,729 | |
| Recurring financial income | 75 | - | €2,729 | +€2,729 | |
| Financial charges | 65/66B | €84,214 | €81,070 | -€3,144 | -3.7% |
| Recurring financial charges | 65 | €84,214 | €81,070 | -€3,144 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€23,197 | -€21,046 | +€2,151 | +9.3% |
| Profit (loss) for the period | 9904 | -€23,197 | -€21,046 | +€2,151 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,197 | -€21,046 | +€2,151 | +9.3% |
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 26 October 2026 via checked.be.