MC VINS: 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 VINS
Largest movements
- Stocks and contracts -€20,081
down €20,081 (-33.2%), from €60,466 to €40,385
- Receivables within one year -€7,429
down €7,429 (-38.5%), from €19,277 to €11,848
of which Trade receivables: -€7,408
- Intangible fixed assets -€4,703
down €4,703 (-11.5%), from €41,039 to €36,336
- Cash -€2,107
down €2,107 (-19.6%), from €10,773 to €8,666
mainly Other debts (-€14,286) and Trade debts (-€14,185)
- Tangible fixed assets -€1,450
down €1,450 (-18.1%), from €8,016 to €6,566
- Other debts -€14,286
down €14,286 (-75.1%), from €19,025 to €4,738
- Trade debts -€14,185
down €14,185 (-29.6%), from €47,948 to €33,762
- Profit (loss) carried forward -€8,720
down €8,720 (-75.0%), from -€11,620 to -€20,340
- Debts after one year +€3,511
up €3,511 (+8.2%), from €43,066 to €46,577
- Tax, wage and social debts -€1,477
down €1,477 (-14.0%), from €10,580 to €9,104
of which Taxes: -€1,425
- Gross operating margin +€3,179
up €3,179 (+924.1%), from €344 to €3,523
- Financial charges +€260
up €260 (+5.9%), from €4,370 to €4,630
- Other operating charges +€187
up €187, from €0 to €187
- Depreciation +€151
up €151 (+2.1%), from €7,139 to €7,290
- Staff costs -€58
down €58 (-29.6%), from €195 to €137
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 | €140,702 | €105,281 | -€35,421 | -25.2% |
| Fixed assets | 21/28 | €49,269 | €43,116 | -€6,152 | -12.5% |
| Intangible fixed assets | 21 | €41,039 | €36,336 | -€4,703 | -11.5% |
| Tangible fixed assets | 22/27 | €8,016 | €6,566 | -€1,450 | -18.1% |
| Furniture and vehicles | 24 | €8,016 | €6,566 | -€1,450 | -18.1% |
| Financial fixed assets | 28 | €214 | €214 | = | 0.0% |
| Current assets | 29/58 | €91,433 | €62,164 | -€29,269 | -32.0% |
| Stocks and contracts in progress | 3 | €60,466 | €40,385 | -€20,081 | -33.2% |
| Stocks | 30/36 | €60,466 | €40,385 | -€20,081 | -33.2% |
| Amounts receivable within one year | 40/41 | €19,277 | €11,848 | -€7,429 | -38.5% |
| Trade receivables | 40 | €19,256 | €11,848 | -€7,408 | -38.5% |
| Other amounts receivable | 41 | €21 | €0 | -€21 | -100.0% |
| Cash at bank and in hand | 54/58 | €10,773 | €8,666 | -€2,107 | -19.6% |
| Deferred charges and accrued income | 490/1 | €917 | €1,265 | +€348 | +37.9% |
| Total equity and liabilities | 10/49 | €140,702 | €105,281 | -€35,421 | -25.2% |
| Equity | 10/15 | €3,380 | -€5,340 | -€8,720 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,620 | -€20,340 | -€8,720 | -75.0% |
| Amounts payable | 17/49 | €137,322 | €110,621 | -€26,701 | -19.4% |
| Amounts payable after more than one year | 17 | €43,066 | €46,577 | +€3,511 | +8.2% |
| Financial debts | 170/4 | €43,066 | €46,577 | +€3,511 | +8.2% |
| Amounts payable within one year | 42/48 | €94,256 | €64,044 | -€30,212 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | €16,035 | €16,439 | +€404 | +2.5% |
| Trade debts | 44 | €47,948 | €33,762 | -€14,185 | -29.6% |
| Suppliers | 440/4 | €47,948 | €33,762 | -€14,185 | -29.6% |
| Advances received on contracts in progress | 46 | €668 | €0 | -€668 | -100.0% |
| Taxes, remuneration and social security | 45 | €10,580 | €9,104 | -€1,477 | -14.0% |
| Taxes | 450/3 | €10,528 | €9,104 | -€1,425 | -13.5% |
| Remuneration and social security | 454/9 | €52 | €0 | -€52 | -100.0% |
| Other amounts payable | 47/48 | €19,025 | €4,738 | -€14,286 | -75.1% |
| Remuneration, social security and pensions | 62 | €195 | €137 | -€58 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,139 | €7,290 | +€151 | +2.1% |
| Other operating charges | 640/8 | €0 | €187 | +€187 | |
| Gross operating margin | 9900 | €344 | €3,523 | +€3,179 | +924.1% |
| Operating profit (loss) | 9901 | -€6,989 | -€4,091 | +€2,898 | +41.5% |
| Financial income | 75/76B | €24 | €1 | -€23 | -97.0% |
| Recurring financial income | 75 | €24 | €1 | -€23 | -97.0% |
| Financial charges | 65/66B | €4,370 | €4,630 | +€260 | +5.9% |
| Recurring financial charges | 65 | €4,370 | €4,630 | +€260 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,335 | -€8,720 | +€2,615 | +23.1% |
| Profit (loss) for the period | 9904 | -€11,335 | -€8,720 | +€2,615 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,335 | -€8,720 | +€2,615 | +23.1% |
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 2 October 2026 via checked.be.