MC7: 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.
MC7
Largest movements
- Receivables within one year +€9,432
up €9,432 (+48.4%), from €19,499 to €28,931
of which Trade receivables: +€10,285
- Cash -€2,973
down €2,973 (-66.6%), from €4,463 to €1,490
mainly Receivables within one year (-€9,432) and Contributions, distributions and other (-€4,278)
- Tangible fixed assets -€2,273
down €2,273 (-15.1%), from €15,062 to €12,789
of which Furniture and vehicles: -€2,008
- Tax, wage and social debts +€5,875
up €5,875 (+445.7%), from €1,318 to €7,193
- Debts after one year -€4,157
down €4,157 (-62.6%), from €6,636 to €2,479
- Trade debts +€3,002
up €3,002 (+103.3%), from €2,906 to €5,908
- Other debts -€930
down €930 (-16.6%), from €5,603 to €4,673
- Gross operating margin -€4,291
down €4,291 (-27.0%), from €15,870 to €11,579
- Taxes -€752
down €752 (-22.6%), from €3,319 to €2,567
- Depreciation -€606
down €606 (-21.1%), from €2,879 to €2,273
- Financial charges -€416
down €416 (-22.0%), from €1,889 to €1,473
- Staff costs -€407
down €407 (-36.1%), from €1,128 to €721
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 | €39,307 | €43,211 | +€3,904 | +9.9% |
| Fixed assets | 21/28 | €15,062 | €12,789 | -€2,273 | -15.1% |
| Tangible fixed assets | 22/27 | €15,062 | €12,789 | -€2,273 | -15.1% |
| Plant, machinery and equipment | 23 | €605 | €340 | -€265 | -43.8% |
| Furniture and vehicles | 24 | €14,457 | €12,449 | -€2,008 | -13.9% |
| Current assets | 29/58 | €24,245 | €30,422 | +€6,177 | +25.5% |
| Amounts receivable within one year | 40/41 | €19,499 | €28,931 | +€9,432 | +48.4% |
| Trade receivables | 40 | €16,940 | €27,225 | +€10,285 | +60.7% |
| Other amounts receivable | 41 | €2,559 | €1,706 | -€853 | -33.3% |
| Cash at bank and in hand | 54/58 | €4,463 | €1,490 | -€2,973 | -66.6% |
| Deferred charges and accrued income | 490/1 | €282 | €0 | -€282 | -100.0% |
| Total equity and liabilities | 10/49 | €39,307 | €43,211 | +€3,904 | +9.9% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,707 | €24,611 | +€3,904 | +18.9% |
| Amounts payable after more than one year | 17 | €6,636 | €2,479 | -€4,157 | -62.6% |
| Financial debts | 170/4 | €6,636 | €2,479 | -€4,157 | -62.6% |
| Amounts payable within one year | 42/48 | €13,871 | €21,932 | +€8,061 | +58.1% |
| Current portion of amounts payable after more than one year | 42 | €4,043 | €4,157 | +€114 | +2.8% |
| Trade debts | 44 | €2,906 | €5,908 | +€3,002 | +103.3% |
| Suppliers | 440/4 | €2,906 | €5,908 | +€3,002 | +103.3% |
| Taxes, remuneration and social security | 45 | €1,318 | €7,193 | +€5,875 | +445.7% |
| Taxes | 450/3 | €1,318 | €7,193 | +€5,875 | +445.7% |
| Other amounts payable | 47/48 | €5,603 | €4,673 | -€930 | -16.6% |
| Accrued charges and deferred income | 492/3 | €200 | €200 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,128 | €721 | -€407 | -36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,879 | €2,273 | -€606 | -21.1% |
| Other operating charges | 640/8 | €355 | €308 | -€47 | -13.1% |
| Gross operating margin | 9900 | €15,870 | €11,579 | -€4,291 | -27.0% |
| Operating profit (loss) | 9901 | €11,508 | €8,277 | -€3,231 | -28.1% |
| Financial income | 75/76B | €9 | €41 | +€32 | +342.8% |
| Recurring financial income | 75 | €9 | €41 | +€32 | +342.8% |
| Financial charges | 65/66B | €1,889 | €1,473 | -€416 | -22.0% |
| Recurring financial charges | 65 | €1,889 | €1,473 | -€416 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €9,628 | €6,845 | -€2,783 | -28.9% |
| Income taxes | 67/77 | €3,319 | €2,567 | -€752 | -22.6% |
| Profit (loss) for the period | 9904 | €6,310 | €4,278 | -€2,032 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,310 | €4,278 | -€2,032 | -32.2% |
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 28 September 2026 via checked.be.