MC INFI: 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 INFI
Largest movements
- Cash +€39,139
up €39,139 (+65.3%), from €59,971 to €99,110
mainly Net result for the year (+€37,646) and Other debts (+€17,113)
- Receivables within one year -€5,597
down €5,597 (-28.5%), from €19,659 to €14,062
of which Trade receivables: -€5,597
- Deferred charges and accrued income -€4,547
down €4,547 (-31.5%), from €14,431 to €9,884
- Other debts +€17,113
up €17,113 (+76.9%), from €22,268 to €39,380
- Tax, wage and social debts +€10,734
up €10,734 (+55.8%), from €19,226 to €29,960
- Profit (loss) carried forward +€1,932
up €1,932 (+14.4%), from €13,456 to €15,388
- Gross operating margin -€16,929
down €16,929 (-25.5%), from €66,450 to €49,521
- Taxes -€6,525
down €6,525 (-38.2%), from €17,076 to €10,551
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 | €96,388 | €126,134 | +€29,746 | +30.9% |
| Fixed assets | 21/28 | €2,327 | €3,078 | +€751 | +32.3% |
| Tangible fixed assets | 22/27 | €2,327 | €3,078 | +€751 | +32.3% |
| Plant, machinery and equipment | 23 | €2,327 | €3,078 | +€751 | +32.3% |
| Current assets | 29/58 | €94,061 | €123,056 | +€28,995 | +30.8% |
| Amounts receivable within one year | 40/41 | €19,659 | €14,062 | -€5,597 | -28.5% |
| Trade receivables | 40 | €19,659 | €14,062 | -€5,597 | -28.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €59,971 | €99,110 | +€39,139 | +65.3% |
| Deferred charges and accrued income | 490/1 | €14,431 | €9,884 | -€4,547 | -31.5% |
| Total equity and liabilities | 10/49 | €96,388 | €126,134 | +€29,746 | +30.9% |
| Equity | 10/15 | €52,956 | €54,888 | +€1,932 | +3.6% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €35,000 | €35,000 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,456 | €15,388 | +€1,932 | +14.4% |
| Amounts payable | 17/49 | €43,432 | €71,246 | +€27,814 | +64.0% |
| Amounts payable within one year | 42/48 | €43,432 | €71,246 | +€27,814 | +64.0% |
| Trade debts | 44 | €1,938 | €1,905 | -€33 | -1.7% |
| Suppliers | 440/4 | €1,938 | €1,905 | -€33 | -1.7% |
| Taxes, remuneration and social security | 45 | €19,226 | €29,960 | +€10,734 | +55.8% |
| Taxes | 450/3 | €19,226 | €29,960 | +€10,734 | +55.8% |
| Other amounts payable | 47/48 | €22,268 | €39,380 | +€17,113 | +76.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €353 | €753 | +€400 | +113.5% |
| Other operating charges | 640/8 | €520 | €510 | -€10 | -1.8% |
| Gross operating margin | 9900 | €66,450 | €49,521 | -€16,929 | -25.5% |
| Operating profit (loss) | 9901 | €65,577 | €48,257 | -€17,320 | -26.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €45 | €60 | +€15 | +33.4% |
| Recurring financial charges | 65 | €45 | €60 | +€15 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | €65,532 | €48,198 | -€17,334 | -26.5% |
| Income taxes | 67/77 | €17,076 | €10,551 | -€6,525 | -38.2% |
| Profit (loss) for the period | 9904 | €48,456 | €37,646 | -€10,810 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,456 | €37,646 | -€10,810 | -22.3% |
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 9 October 2026 via checked.be.