MC SHAMROCK: 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 SHAMROCK
Largest movements
- Tangible fixed assets -€11,803
down €11,803 (-5.6%), from €209,143 to €197,340
of which Land and buildings: -€23,950
- Cash -€3,460
down €3,460 (-4.4%), from €78,461 to €75,001
mainly Debts after one year (-€35,873) and Investment in fixed assets (net) (-€21,299)
- Debts after one year -€35,873
down €35,873 (-22.6%), from €158,534 to €122,661
of which Financial debts: -€35,873
- Reserves +€26,500
up €26,500 (+110%), from €24,000 to €50,500
- Trade debts -€3,916
down €3,916 (-83.9%), from €4,667 to €752
- Tax, wage and social debts -€3,342
down €3,342 (-26.4%), from €12,676 to €9,334
of which Taxes: -€3,453
- Gross operating margin -€14,451
down €14,451 (-13.0%), from €110,799 to €96,348
- Staff costs +€2,812
up €2,812 (+33.4%), from €8,421 to €11,233
- Depreciation +€2,625
up €2,625 (+8.6%), from €30,477 to €33,102
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 | €288,005 | €272,646 | -€15,358 | -5.3% |
| Fixed assets | 21/28 | €209,143 | €197,340 | -€11,803 | -5.6% |
| Tangible fixed assets | 22/27 | €209,143 | €197,340 | -€11,803 | -5.6% |
| Land and buildings | 22 | €192,174 | €168,224 | -€23,950 | -12.5% |
| Plant, machinery and equipment | 23 | €16,968 | €29,116 | +€12,147 | +71.6% |
| Current assets | 29/58 | €78,862 | €75,307 | -€3,555 | -4.5% |
| Stocks and contracts in progress | 3 | €401 | €306 | -€95 | -23.6% |
| Stocks | 30/36 | €401 | €306 | -€95 | -23.6% |
| Cash at bank and in hand | 54/58 | €78,461 | €75,001 | -€3,460 | -4.4% |
| Total equity and liabilities | 10/49 | €288,005 | €272,646 | -€15,358 | -5.3% |
| Equity | 10/15 | €76,370 | €102,905 | +€26,535 | +34.7% |
| Contributions | 10/11 | €52,000 | €52,000 | = | 0.0% |
| Reserves | 13 | €24,000 | €50,500 | +€26,500 | +110% |
| Distributable reserves | 133 | €24,000 | €50,500 | +€26,500 | +110% |
| Profit (loss) carried forward | 14 | €370 | €405 | +€35 | +9.3% |
| Amounts payable | 17/49 | €211,634 | €169,742 | -€41,893 | -19.8% |
| Amounts payable after more than one year | 17 | €158,534 | €122,661 | -€35,873 | -22.6% |
| Financial debts | 170/4 | €143,534 | €107,661 | -€35,873 | -25.0% |
| Other amounts payable | 178/9 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €53,101 | €47,081 | -€6,020 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €34,575 | €35,873 | +€1,298 | +3.8% |
| Trade debts | 44 | €4,667 | €752 | -€3,916 | -83.9% |
| Suppliers | 440/4 | €4,667 | €752 | -€3,916 | -83.9% |
| Taxes, remuneration and social security | 45 | €12,676 | €9,334 | -€3,342 | -26.4% |
| Taxes | 450/3 | €11,728 | €8,274 | -€3,453 | -29.4% |
| Remuneration and social security | 454/9 | €948 | €1,059 | +€111 | +11.8% |
| Other amounts payable | 47/48 | €1,183 | €1,122 | -€60 | -5.1% |
| Remuneration, social security and pensions | 62 | €8,421 | €11,233 | +€2,812 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,477 | €33,102 | +€2,625 | +8.6% |
| Other operating charges | 640/8 | €6,330 | €7,240 | +€910 | +14.4% |
| Gross operating margin | 9900 | €110,799 | €96,348 | -€14,451 | -13.0% |
| Operating profit (loss) | 9901 | €65,571 | €44,773 | -€20,798 | -31.7% |
| Financial income | 75/76B | €0 | €35 | +€35 | +38,800% |
| Recurring financial income | 75 | €0 | €35 | +€35 | +38,800% |
| Financial charges | 65/66B | €7,402 | €6,549 | -€854 | -11.5% |
| Recurring financial charges | 65 | €7,402 | €6,549 | -€854 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €58,169 | €38,260 | -€19,910 | -34.2% |
| Income taxes | 67/77 | €11,105 | €11,725 | +€621 | +5.6% |
| Profit (loss) for the period | 9904 | €47,065 | €26,535 | -€20,530 | -43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,065 | €26,535 | -€20,530 | -43.6% |
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 18 October 2026 via checked.be.