MC-Transport: 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.
What changed
MC-Transport
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7,319
2024 · €104,450-€97,131
Equity
€1.2m
2024 · €1.2m+€7,319
Cash
€346,233
2024 · €377,021-€30,789
Balance sheet total
€3.1m
2024 · €3.0m+€101,258
Largest movements
Assets
- Deferred charges and accrued income +€156,441
up €156,441 (+440%), from €35,515 to €191,957
- Receivables within one year -€32,778
down €32,778 (-2.5%), from €1.3m to €1.3m
of which Trade receivables: -€42,695
Equity and liabilities
- Debts after one year +€34,570
up €34,570 (+4.9%), from €711,734 to €746,304
- Trade debts +€32,644
up €32,644 (+10.4%), from €314,456 to €347,100
Income statement
- Depreciation +€67,593
up €67,593 (+12.5%), from €539,627 to €607,220
- Gross operating margin -€51,565
down €51,565 (-1.4%), from €3.6m to €3.6m
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.
Result 2024
€104,450
Gross operating margin
-€51,565
Staff costs
-€19,655
Depreciation
-€67,593
Write-downs
+€8,208
Other operating charges
+€6,267
Financial income
-€4,203
Financial charges
-€3,568
Taxes
+€34,977
Result 2025
€7,319
raises the resultlowers the result
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.
From operations
+€537,470
Investment
-€615,603
Financing
+€47,344
Cash 2024
€377,021
From operations (derived)
+€537,470
Net result for the year
+€7,319
Depreciation
+€607,220
Receivables within one year
+€32,778
Deferred charges and accrued income
-€156,441
Trade debts
+€32,644
Tax, wage and social debts
+€14,993
Smaller working-capital items
-€1,042
Investment (derived)
-€615,603
Investment in fixed assets (net)
-€615,603
Financing
+€47,344
Debts after one year
+€34,570
Current portion of long-term debt
+€6,881
Short-term financial debts
+€5,893
Cash 2025
€346,233
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,037,251 | €3,138,509 | +€101,258 | +3.3% |
| Fixed assets | 21/28 | €1,321,173 | €1,329,556 | +€8,383 | +0.6% |
| Tangible fixed assets | 22/27 | €1,315,638 | €1,324,021 | +€8,383 | +0.6% |
| Plant, machinery and equipment | 23 | €56,336 | €63,021 | +€6,685 | +11.9% |
| Furniture and vehicles | 24 | €156,958 | €55,299 | -€101,659 | -64.8% |
| Leasing and similar rights | 25 | €1,102,343 | €1,205,701 | +€103,357 | +9.4% |
| Financial fixed assets | 28 | €5,535 | €5,535 | = | 0.0% |
| Current assets | 29/58 | €1,716,078 | €1,808,953 | +€92,875 | +5.4% |
| Amounts receivable within one year | 40/41 | €1,303,542 | €1,270,764 | -€32,778 | -2.5% |
| Trade receivables | 40 | €1,298,261 | €1,255,567 | -€42,695 | -3.3% |
| Other amounts receivable | 41 | €5,280 | €15,197 | +€9,917 | +188% |
| Cash at bank and in hand | 54/58 | €377,021 | €346,233 | -€30,789 | -8.2% |
| Deferred charges and accrued income | 490/1 | €35,515 | €191,957 | +€156,441 | +440% |
| Total equity and liabilities | 10/49 | €3,037,251 | €3,138,509 | +€101,258 | +3.3% |
| Equity | 10/15 | €1,161,352 | €1,168,671 | +€7,319 | +0.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,142,760 | €1,150,079 | +€7,319 | +0.6% |
| Tax-exempt reserves | 132 | €607,770 | €607,770 | = | 0.0% |
| Distributable reserves | 133 | €534,990 | €542,308 | +€7,319 | +1.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,875,899 | €1,969,838 | +€93,939 | +5.0% |
| Amounts payable after more than one year | 17 | €711,734 | €746,304 | +€34,570 | +4.9% |
| Financial debts | 170/4 | €711,734 | €746,304 | +€34,570 | +4.9% |
| Amounts payable within one year | 42/48 | €1,159,078 | €1,218,445 | +€59,367 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €448,082 | €454,963 | +€6,881 | +1.5% |
| Financial debts | 43 | €36,367 | €42,260 | +€5,893 | +16.2% |
| Credit institutions | 430/8 | €36,367 | €42,260 | +€5,893 | +16.2% |
| Trade debts | 44 | €314,456 | €347,100 | +€32,644 | +10.4% |
| Suppliers | 440/4 | €314,456 | €347,100 | +€32,644 | +10.4% |
| Taxes, remuneration and social security | 45 | €359,129 | €374,122 | +€14,993 | +4.2% |
| Taxes | 450/3 | €82,482 | €100,022 | +€17,540 | +21.3% |
| Remuneration and social security | 454/9 | €276,647 | €274,100 | -€2,547 | -0.9% |
| Other amounts payable | 47/48 | €1,044 | €0 | -€1,044 | -100% |
| Accrued charges and deferred income | 492/3 | €5,088 | €5,089 | +€2 | 0.0% |
| Non-recurring operating income | 76A | €0 | €34,500 | +€34,500 | |
| Remuneration, social security and pensions | 62 | €2,877,420 | €2,897,075 | +€19,655 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €539,627 | €607,220 | +€67,593 | +12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€8,208 | -€8,208 | |
| Other operating charges | 640/8 | €47,688 | €41,421 | -€6,267 | -13.1% |
| Gross operating margin | 9900 | €3,636,646 | €3,585,081 | -€51,565 | -1.4% |
| Operating profit (loss) | 9901 | €171,911 | €47,573 | -€124,338 | -72.3% |
| Financial income | 75/76B | €22,367 | €18,165 | -€4,203 | -18.8% |
| Recurring financial income | 75 | €22,367 | €18,165 | -€4,203 | -18.8% |
| Financial charges | 65/66B | €41,020 | €44,588 | +€3,568 | +8.7% |
| Recurring financial charges | 65 | €41,020 | €44,588 | +€3,568 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €153,258 | €21,150 | -€132,109 | -86.2% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €48,808 | €13,831 | -€34,977 | -71.7% |
| Profit (loss) for the period | 9904 | €104,450 | €7,319 | -€97,131 | -93.0% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €104,450 | €7,319 | -€97,131 | -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 15 October 2026 via checked.be.