MC Paints: 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 Paints
Largest movements
- Cash -€47,657
down €47,657 (-50.4%), from €94,580 to €46,923
mainly Other debts (-€44,806) and Trade debts (-€38,454)
- Receivables within one year -€35,257
down €35,257 (-74.7%), from €47,207 to €11,949
of which Trade receivables: -€34,915
- Tangible fixed assets +€4,649
up €4,649 (+15.8%), from €29,460 to €34,109
of which Other tangible fixed assets: +€7,271
- Other debts -€44,806
down €44,806 (-97.9%), from €45,759 to €952
- Trade debts -€38,454
down €38,454 (-83.3%), from €46,136 to €7,682
- Reserves +€3,193
up €3,193 (+4.9%), from €64,552 to €67,745
- Gross operating margin -€43,685
down €43,685 (-67.1%), from €65,104 to €21,419
- Staff costs -€4,043
no longer reported in 2025 (was €4,043)
- Depreciation +€1,706
up €1,706 (+49.6%), from €3,440 to €5,146
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 | €172,793 | €93,267 | -€79,526 | -46.0% |
| Fixed assets | 21/28 | €29,460 | €34,109 | +€4,649 | +15.8% |
| Tangible fixed assets | 22/27 | €29,460 | €34,109 | +€4,649 | +15.8% |
| Plant, machinery and equipment | 23 | €5,516 | €4,937 | -€580 | -10.5% |
| Furniture and vehicles | 24 | €4,339 | €2,297 | -€2,042 | -47.1% |
| Other tangible fixed assets | 26 | €19,605 | €26,875 | +€7,271 | +37.1% |
| Current assets | 29/58 | €143,333 | €59,158 | -€84,175 | -58.7% |
| Amounts receivable within one year | 40/41 | €47,207 | €11,949 | -€35,257 | -74.7% |
| Trade receivables | 40 | €46,864 | €11,949 | -€34,915 | -74.5% |
| Other amounts receivable | 41 | €343 | €0 | -€343 | -100% |
| Cash at bank and in hand | 54/58 | €94,580 | €46,923 | -€47,657 | -50.4% |
| Deferred charges and accrued income | 490/1 | €1,546 | €285 | -€1,261 | -81.5% |
| Total equity and liabilities | 10/49 | €172,793 | €93,267 | -€79,526 | -46.0% |
| Equity | 10/15 | €70,752 | €73,945 | +€3,193 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,552 | €67,745 | +€3,193 | +4.9% |
| Distributable reserves | 133 | €64,552 | €67,745 | +€3,193 | +4.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €102,041 | €19,322 | -€82,719 | -81.1% |
| Amounts payable within one year | 42/48 | €102,041 | €19,322 | -€82,719 | -81.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €1,681 | €1,835 | +€154 | +9.1% |
| Credit institutions | 430/8 | - | €1,835 | +€1,835 | |
| Other loans | 439 | €1,681 | €0 | -€1,681 | -100% |
| Trade debts | 44 | €46,136 | €7,682 | -€38,454 | -83.3% |
| Suppliers | 440/4 | €46,136 | €7,682 | -€38,454 | -83.3% |
| Taxes, remuneration and social security | 45 | €8,465 | €8,853 | +€388 | +4.6% |
| Taxes | 450/3 | €8,465 | €8,853 | +€388 | +4.6% |
| Other amounts payable | 47/48 | €45,759 | €952 | -€44,806 | -97.9% |
| Non-recurring operating income | 76A | €17,230 | €200 | -€17,030 | -98.8% |
| Remuneration, social security and pensions | 62 | €4,043 | - | -€4,043 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,440 | €5,146 | +€1,706 | +49.6% |
| Other operating charges | 640/8 | €2,003 | €1,580 | -€422 | -21.1% |
| Non-recurring operating charges | 66A | €0 | €1,272 | +€1,272 | |
| Gross operating margin | 9900 | €65,104 | €21,419 | -€43,685 | -67.1% |
| Operating profit (loss) | 9901 | €55,618 | €13,421 | -€42,197 | -75.9% |
| Financial income | 75/76B | €515 | €38 | -€477 | -92.6% |
| Recurring financial income | 75 | €515 | €38 | -€477 | -92.6% |
| Financial charges | 65/66B | €4,471 | €5,018 | +€546 | +12.2% |
| Recurring financial charges | 65 | €4,471 | €5,018 | +€546 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €51,662 | €8,441 | -€43,220 | -83.7% |
| Income taxes | 67/77 | €5,862 | €5,248 | -€614 | -10.5% |
| Profit (loss) for the period | 9904 | €45,800 | €3,193 | -€42,607 | -93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,800 | €3,193 | -€42,607 | -93.0% |
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 22 October 2026 via checked.be.