MCC: 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.
MCC
Largest movements
- Current investments +€193,041
up €193,041 (+3,822%), from €5,050 to €198,091
- Receivables within one year -€166,319
down €166,319 (-75.8%), from €219,413 to €53,094
of which Other amounts receivable: -€166,992
- Tangible fixed assets -€54,631
down €54,631 (-36.9%), from €148,207 to €93,576
of which Furniture and vehicles: -€27,384
- Deferred charges and accrued income +€26,852
up €26,852 (+507%), from €5,296 to €32,148
- Debts after one year -€20,664
down €20,664 (-28.7%), from €72,004 to €51,341
- Profit (loss) carried forward +€16,807
up €16,807 (+7.0%), from €238,897 to €255,704
- Other debts +€4,113
new in 2025: €4,113
- Gross operating margin +€26,513
up €26,513 (+50.3%), from €52,742 to €79,255
- Depreciation -€4,463
down €4,463 (-11.6%), from €38,359 to €33,896
- Other operating charges +€1,721
up €1,721 (+6.9%), from €25,117 to €26,838
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 | €379,367 | €379,230 | -€137 | 0.0% |
| Fixed assets | 21/28 | €148,764 | €94,134 | -€54,631 | -36.7% |
| Tangible fixed assets | 22/27 | €148,207 | €93,576 | -€54,631 | -36.9% |
| Plant, machinery and equipment | 23 | €17,749 | €17,404 | -€346 | -1.9% |
| Furniture and vehicles | 24 | €35,243 | €7,859 | -€27,384 | -77.7% |
| Other tangible fixed assets | 26 | €95,215 | €68,314 | -€26,901 | -28.3% |
| Financial fixed assets | 28 | €557 | €557 | = | 0.0% |
| Current assets | 29/58 | €230,603 | €285,096 | +€54,493 | +23.6% |
| Amounts receivable within one year | 40/41 | €219,413 | €53,094 | -€166,319 | -75.8% |
| Trade receivables | 40 | €21,101 | €21,773 | +€672 | +3.2% |
| Other amounts receivable | 41 | €198,312 | €31,320 | -€166,992 | -84.2% |
| Current investments | 50/53 | €5,050 | €198,091 | +€193,041 | +3,822% |
| Cash at bank and in hand | 54/58 | €844 | €1,763 | +€919 | +109% |
| Deferred charges and accrued income | 490/1 | €5,296 | €32,148 | +€26,852 | +507% |
| Total equity and liabilities | 10/49 | €379,367 | €379,230 | -€137 | 0.0% |
| Equity | 10/15 | €262,291 | €279,098 | +€16,807 | +6.4% |
| Contributions | 10/11 | €23,394 | €23,394 | = | 0.0% |
| Profit (loss) carried forward | 14 | €238,897 | €255,704 | +€16,807 | +7.0% |
| Amounts payable | 17/49 | €117,077 | €100,132 | -€16,944 | -14.5% |
| Amounts payable after more than one year | 17 | €72,004 | €51,341 | -€20,664 | -28.7% |
| Financial debts | 170/4 | €72,004 | €51,341 | -€20,664 | -28.7% |
| Amounts payable within one year | 42/48 | €43,262 | €46,982 | +€3,720 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €20,332 | €20,664 | +€332 | +1.6% |
| Trade debts | 44 | €12,547 | €12,928 | +€381 | +3.0% |
| Suppliers | 440/4 | €12,547 | €12,928 | +€381 | +3.0% |
| Taxes, remuneration and social security | 45 | €10,383 | €9,277 | -€1,106 | -10.7% |
| Taxes | 450/3 | €10,383 | €9,277 | -€1,106 | -10.7% |
| Other amounts payable | 47/48 | - | €4,113 | +€4,113 | |
| Accrued charges and deferred income | 492/3 | €1,811 | €1,810 | -€1 | -0.1% |
| Non-recurring operating income | 76A | - | €10,727 | +€10,727 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,359 | €33,896 | -€4,463 | -11.6% |
| Other operating charges | 640/8 | €25,117 | €26,838 | +€1,721 | +6.9% |
| Gross operating margin | 9900 | €52,742 | €79,255 | +€26,513 | +50.3% |
| Operating profit (loss) | 9901 | -€10,733 | €18,521 | +€29,255 | |
| Financial income | 75/76B | €619 | €342 | -€277 | -44.8% |
| Recurring financial income | 75 | €276 | €342 | +€66 | +24.1% |
| Non-recurring financial income | 76B | €344 | - | -€344 | |
| Financial charges | 65/66B | €2,070 | €1,712 | -€357 | -17.3% |
| Recurring financial charges | 65 | €2,070 | €1,712 | -€357 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,184 | €17,151 | +€29,334 | |
| Income taxes | 67/77 | €497 | €344 | -€153 | -30.8% |
| Profit (loss) for the period | 9904 | -€12,681 | €16,807 | +€29,488 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,681 | €16,807 | +€29,488 |
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 14 October 2026 via checked.be.