MC INVEST: 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 INVEST
Largest movements
- Tangible fixed assets -€38,079
down €38,079 (-11.5%), from €331,101 to €293,022
- Financial fixed assets -€16,828
down €16,828 (-6.5%), from €260,224 to €243,396
- Trade debts -€40,086
down €40,086 (-85.1%), from €47,086 to €7,000
- Debts after one year -€17,628
down €17,628 (-7.5%), from €233,567 to €215,940
- Other debts +€14,677
up €14,677 (+25.3%), from €57,916 to €72,593
- Accrued charges and deferred income -€12,634
no longer reported in 2025 (was €12,634)
- Gross operating margin +€27,028
up €27,028 (+184%), from €14,656 to €41,684
- Other operating charges +€1,698
up €1,698 (+65.6%), from €2,588 to €4,286
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 | €603,718 | €546,911 | -€56,807 | -9.4% |
| Fixed assets | 21/28 | €591,325 | €536,418 | -€54,907 | -9.3% |
| Tangible fixed assets | 22/27 | €331,101 | €293,022 | -€38,079 | -11.5% |
| Land and buildings | 22 | €331,101 | €293,022 | -€38,079 | -11.5% |
| Financial fixed assets | 28 | €260,224 | €243,396 | -€16,828 | -6.5% |
| Current assets | 29/58 | €12,393 | €10,493 | -€1,900 | -15.3% |
| Amounts receivable within one year | 40/41 | €10,659 | €9,748 | -€911 | -8.5% |
| Trade receivables | 40 | €10,659 | €9,748 | -€911 | -8.5% |
| Cash at bank and in hand | 54/58 | €1,734 | €746 | -€989 | -57.0% |
| Total equity and liabilities | 10/49 | €603,718 | €546,911 | -€56,807 | -9.4% |
| Equity | 10/15 | €234,887 | €233,785 | -€1,102 | -0.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Revaluation surpluses | 12 | €109,717 | €109,717 | = | 0.0% |
| Reserves | 13 | €21,860 | €21,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,860 | €21,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,860 | €21,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,310 | €52,208 | -€1,102 | -2.1% |
| Amounts payable | 17/49 | €368,831 | €313,126 | -€55,706 | -15.1% |
| Amounts payable after more than one year | 17 | €233,567 | €215,940 | -€17,628 | -7.5% |
| Financial debts | 170/4 | €233,567 | €215,940 | -€17,628 | -7.5% |
| Amounts payable within one year | 42/48 | €122,630 | €97,186 | -€25,444 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €17,628 | €17,593 | -€35 | -0.2% |
| Trade debts | 44 | €47,086 | €7,000 | -€40,086 | -85.1% |
| Suppliers | 440/4 | €47,086 | €7,000 | -€40,086 | -85.1% |
| Other amounts payable | 47/48 | €57,916 | €72,593 | +€14,677 | +25.3% |
| Accrued charges and deferred income | 492/3 | €12,634 | - | -€12,634 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,079 | €38,079 | = | 0.0% |
| Other operating charges | 640/8 | €2,588 | €4,286 | +€1,698 | +65.6% |
| Non-recurring operating charges | 66A | €3,173 | - | -€3,173 | |
| Gross operating margin | 9900 | €14,656 | €41,684 | +€27,028 | +184% |
| Operating profit (loss) | 9901 | -€29,184 | -€680 | +€28,504 | +97.7% |
| Financial charges | 65/66B | €139 | €421 | +€282 | +203% |
| Recurring financial charges | 65 | €139 | €421 | +€282 | +203% |
| Profit (loss) for the period before taxes | 9903 | -€29,324 | -€1,102 | +€28,222 | +96.2% |
| Profit (loss) for the period | 9904 | -€29,324 | -€1,102 | +€28,222 | +96.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,324 | -€1,102 | +€28,222 | +96.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.