MC Reno Projects: 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 Reno Projects
Largest movements
- Tangible fixed assets +€42,987
up €42,987 (+4760.4%), from €903 to €43,890
of which Other tangible fixed assets: +€43,890
- Receivables within one year -€12,650
down €12,650 (-80.2%), from €15,779 to €3,129
of which Trade receivables: -€15,125
- Cash +€3,998
up €3,998 (+7.8%), from €51,583 to €55,581
mainly Other debts (+€60,952) and Receivables within one year (+€12,650)
- Other debts +€60,952
up €60,952 (+192.9%), from €31,604 to €92,556
- Profit (loss) carried forward -€9,961
down €9,961, from €2,856 to -€7,105
- Tax, wage and social debts -€9,539
down €9,539 (-99.5%), from €9,591 to €52
of which Remuneration and social security: -€8,249
- Trade debts -€6,707
down €6,707 (-82.3%), from €8,147 to €1,440
- Gross operating margin -€6,879
down €6,879, from €5,878 to -€1,002
- Taxes +€2,493
up €2,493 (+185.8%), from €1,342 to €3,836
- Depreciation +€2,310
up €2,310 (+255.8%), from €903 to €3,213
- Financial charges +€1,255
up €1,255 (+304.6%), from €412 to €1,667
- Other operating charges -€209
down €209 (-11.6%), from €1,796 to €1,586
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 | €73,010 | €107,379 | +€34,369 | +47.1% |
| Fixed assets | 21/28 | €903 | €43,890 | +€42,987 | +4760.4% |
| Tangible fixed assets | 22/27 | €903 | €43,890 | +€42,987 | +4760.4% |
| Plant, machinery and equipment | 23 | €903 | - | -€903 | |
| Other tangible fixed assets | 26 | - | €43,890 | +€43,890 | |
| Current assets | 29/58 | €72,107 | €63,489 | -€8,618 | -12.0% |
| Amounts receivable within one year | 40/41 | €15,779 | €3,129 | -€12,650 | -80.2% |
| Trade receivables | 40 | €15,125 | - | -€15,125 | |
| Other amounts receivable | 41 | €654 | €3,129 | +€2,475 | +378.2% |
| Cash at bank and in hand | 54/58 | €51,583 | €55,581 | +€3,998 | +7.8% |
| Deferred charges and accrued income | 490/1 | €4,745 | €4,779 | +€34 | +0.7% |
| Total equity and liabilities | 10/49 | €73,010 | €107,379 | +€34,369 | +47.1% |
| Equity | 10/15 | €22,856 | €12,895 | -€9,961 | -43.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,856 | -€7,105 | -€9,961 | |
| Amounts payable | 17/49 | €50,154 | €94,484 | +€44,330 | +88.4% |
| Amounts payable within one year | 42/48 | €49,342 | €94,048 | +€44,706 | +90.6% |
| Trade debts | 44 | €8,147 | €1,440 | -€6,707 | -82.3% |
| Suppliers | 440/4 | €8,147 | €1,440 | -€6,707 | -82.3% |
| Taxes, remuneration and social security | 45 | €9,591 | €52 | -€9,539 | -99.5% |
| Taxes | 450/3 | €1,342 | €52 | -€1,290 | -96.1% |
| Remuneration and social security | 454/9 | €8,249 | - | -€8,249 | |
| Other amounts payable | 47/48 | €31,604 | €92,556 | +€60,952 | +192.9% |
| Accrued charges and deferred income | 492/3 | €812 | €436 | -€375 | -46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €903 | €3,213 | +€2,310 | +255.8% |
| Other operating charges | 640/8 | €1,796 | €1,586 | -€209 | -11.6% |
| Gross operating margin | 9900 | €5,878 | -€1,002 | -€6,879 | |
| Operating profit (loss) | 9901 | €3,179 | -€5,801 | -€8,980 | |
| Financial charges | 65/66B | €412 | €1,667 | +€1,255 | +304.6% |
| Recurring financial charges | 65 | €412 | €1,667 | +€1,255 | +304.6% |
| Profit (loss) for the period before taxes | 9903 | €2,767 | -€7,468 | -€10,235 | |
| Income taxes | 67/77 | €1,342 | €3,836 | +€2,493 | +185.8% |
| Profit (loss) for the period | 9904 | €1,425 | -€11,304 | -€12,728 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,425 | -€11,304 | -€12,728 |
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 4 October 2026 via checked.be.