MC-PARTNERS: 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-PARTNERS
Largest movements
- Receivables within one year +€49,696
up €49,696 (+9430.0%), from €527 to €50,223
of which Other amounts receivable: +€50,223
- Cash +€47,983
up €47,983 (+34.9%), from €137,465 to €185,448
mainly Net result for the year (+€87,624) and Tax, wage and social debts (+€24,335)
- Tangible fixed assets -€22,166
down €22,166 (-8.0%), from €276,696 to €254,530
of which Land and buildings: -€22,166
- Reserves +€83,197
up €83,197 (+40.0%), from €208,034 to €291,231
of which Distributable reserves: +€90,000
- Debts after one year -€29,106
down €29,106 (-34.5%), from €84,335 to €55,229
- Tax, wage and social debts +€24,335
up €24,335 (+121.5%), from €20,035 to €44,370
- Trade debts -€7,861
down €7,861 (-27.7%), from €28,393 to €20,532
- Gross operating margin +€72,076
up €72,076 (+65.7%), from €109,788 to €181,864
- Taxes +€15,091
up €15,091 (+162.8%), from €9,271 to €24,362
- Other operating charges +€6,157
new in 2025: €6,157
- Staff costs +€2,073
up €2,073 (+5.5%), from €38,000 to €40,073
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 | €414,820 | €490,333 | +€75,513 | +18.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €276,828 | €254,662 | -€22,166 | -8.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €276,696 | €254,530 | -€22,166 | -8.0% |
| Land and buildings | 22 | €276,696 | €254,530 | -€22,166 | -8.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €132 | €132 | = | 0.0% |
| Current assets | 29/58 | €137,992 | €235,671 | +€97,679 | +70.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €527 | €50,223 | +€49,696 | +9430.0% |
| Trade receivables | 40 | €527 | €0 | -€527 | -100.0% |
| Other amounts receivable | 41 | €0 | €50,223 | +€50,223 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €137,465 | €185,448 | +€47,983 | +34.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €414,820 | €490,333 | +€75,513 | +18.2% |
| Equity | 10/15 | €233,332 | €320,956 | +€87,624 | +37.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €208,034 | €291,231 | +€83,197 | +40.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €86,174 | €79,371 | -€6,803 | -7.9% |
| Distributable reserves | 133 | €120,000 | €210,000 | +€90,000 | +75.0% |
| Profit (loss) carried forward | 14 | €12,898 | €17,325 | +€4,427 | +34.3% |
| Provisions and deferred taxes | 16 | €18,595 | €17,234 | -€1,361 | -7.3% |
| Deferred taxes | 168 | €18,595 | €17,234 | -€1,361 | -7.3% |
| Amounts payable | 17/49 | €162,893 | €152,143 | -€10,750 | -6.6% |
| Amounts payable after more than one year | 17 | €84,335 | €55,229 | -€29,106 | -34.5% |
| Financial debts | 170/4 | €84,335 | €55,229 | -€29,106 | -34.5% |
| Amounts payable within one year | 42/48 | €77,378 | €94,008 | +€16,630 | +21.5% |
| Current portion of amounts payable after more than one year | 42 | €28,950 | €29,106 | +€156 | +0.5% |
| Trade debts | 44 | €28,393 | €20,532 | -€7,861 | -27.7% |
| Suppliers | 440/4 | €28,393 | €20,532 | -€7,861 | -27.7% |
| Taxes, remuneration and social security | 45 | €20,035 | €44,370 | +€24,335 | +121.5% |
| Taxes | 450/3 | €20,035 | €44,370 | +€24,335 | +121.5% |
| Accrued charges and deferred income | 492/3 | €1,180 | €2,906 | +€1,726 | +146.3% |
| Remuneration, social security and pensions | 62 | €38,000 | €40,073 | +€2,073 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,166 | €22,166 | = | 0.0% |
| Other operating charges | 640/8 | - | €6,157 | +€6,157 | |
| Gross operating margin | 9900 | €109,788 | €181,864 | +€72,076 | +65.7% |
| Operating profit (loss) | 9901 | €49,622 | €113,468 | +€63,846 | +128.7% |
| Financial income | 75/76B | €50 | €0 | -€50 | -100.0% |
| Recurring financial income | 75 | €50 | €0 | -€50 | -100.0% |
| Financial charges | 65/66B | €3,617 | €2,843 | -€774 | -21.4% |
| Recurring financial charges | 65 | €3,617 | €2,843 | -€774 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €46,055 | €110,625 | +€64,570 | +140.2% |
| Transfer from deferred taxes | 780 | €1,361 | €1,361 | = | 0.0% |
| Income taxes | 67/77 | €9,271 | €24,362 | +€15,091 | +162.8% |
| Profit (loss) for the period | 9904 | €38,145 | €87,624 | +€49,479 | +129.7% |
| Transfer from tax-exempt reserves | 789 | €6,803 | €6,803 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €44,948 | €94,427 | +€49,479 | +110.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.