MC MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash -€85,708
down €85,708 (-35.6%), from €240,626 to €154,918
mainly Contributions, distributions and other (-€126,004) and Other debts (-€114,528)
- Receivables within one year -€40,305
down €40,305 (-89.7%), from €44,915 to €4,610
of which Trade receivables: -€40,000
- Tangible fixed assets -€8,448
down €8,448 (-27.0%), from €31,250 to €22,802
- Other debts -€114,528
down €114,528 (-41.8%), from €274,097 to €159,568
- Tax, wage and social debts -€19,098
down €19,098 (-68.4%), from €27,919 to €8,821
- Taxes +€4,782
up €4,782 (+11.9%), from €40,085 to €44,867
- Gross operating margin +€4,302
up €4,302 (+2.4%), from €178,662 to €182,964
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 | €322,791 | €190,014 | -€132,777 | -41.1% |
| Fixed assets | 21/28 | €32,250 | €23,802 | -€8,448 | -26.2% |
| Tangible fixed assets | 22/27 | €31,250 | €22,802 | -€8,448 | -27.0% |
| Furniture and vehicles | 24 | €31,250 | €22,802 | -€8,448 | -27.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €290,541 | €166,212 | -€124,329 | -42.8% |
| Amounts receivable within one year | 40/41 | €44,915 | €4,610 | -€40,305 | -89.7% |
| Trade receivables | 40 | €40,000 | - | -€40,000 | |
| Other amounts receivable | 41 | €4,915 | €4,610 | -€305 | -6.2% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €240,626 | €154,918 | -€85,708 | -35.6% |
| Deferred charges and accrued income | 490/1 | - | €1,684 | +€1,684 | |
| Total equity and liabilities | 10/49 | €322,791 | €190,014 | -€132,777 | -41.1% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Amounts payable | 17/49 | €302,331 | €169,554 | -€132,777 | -43.9% |
| Amounts payable within one year | 42/48 | €302,331 | €169,554 | -€132,777 | -43.9% |
| Trade debts | 44 | €315 | €1,164 | +€849 | +269.3% |
| Suppliers | 440/4 | €315 | €1,164 | +€849 | +269.3% |
| Taxes, remuneration and social security | 45 | €27,919 | €8,821 | -€19,098 | -68.4% |
| Taxes | 450/3 | €27,919 | €8,821 | -€19,098 | -68.4% |
| Other amounts payable | 47/48 | €274,097 | €159,568 | -€114,528 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,412 | €9,356 | -€56 | -0.6% |
| Other operating charges | 640/8 | €2,581 | €2,407 | -€175 | -6.8% |
| Gross operating margin | 9900 | €178,662 | €182,964 | +€4,302 | +2.4% |
| Operating profit (loss) | 9901 | €166,668 | €171,202 | +€4,533 | +2.7% |
| Financial charges | 65/66B | €493 | €330 | -€163 | -33.1% |
| Recurring financial charges | 65 | €493 | €330 | -€163 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €166,175 | €170,872 | +€4,697 | +2.8% |
| Income taxes | 67/77 | €40,085 | €44,867 | +€4,782 | +11.9% |
| Profit (loss) for the period | 9904 | €126,090 | €126,004 | -€86 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €126,090 | €126,004 | -€86 | -0.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.