MCCT: 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.
MCCT
Largest movements
- Current investments -€26,154
down €26,154 (-77.5%), from €33,733 to €7,579
- Tangible fixed assets -€8,513
down €8,513 (-25.0%), from €34,104 to €25,591
of which Furniture and vehicles: -€8,513
- Receivables within one year +€2,720
up €2,720 (+63.9%), from €4,256 to €6,976
of which Trade receivables: +€2,109
- Cash +€2,272
up €2,272 (+34.9%), from €6,514 to €8,787
mainly Current investments (+€26,154) and Depreciation (+€9,208)
- Deferred charges and accrued income +€1,193
up €1,193 (+294.4%), from €405 to €1,599
- Profit (loss) carried forward -€30,303
down €30,303 (-43.4%), from €69,842 to €39,539
- Trade debts +€1,163
up €1,163 (+41.6%), from €2,797 to €3,960
- Other operating charges -€23,453
down €23,453 (-96.4%), from €24,339 to €886
- Financial charges +€20,370
up €20,370 (+489.2%), from €4,164 to €24,534
- Financial income -€4,388
down €4,388 (-32.7%), from €13,409 to €9,021
- Depreciation +€3,556
up €3,556 (+62.9%), from €5,652 to €9,208
- Taxes -€3,320
down €3,320, from €145 to -€3,175
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 | €100,112 | €71,632 | -€28,481 | -28.4% |
| Fixed assets | 21/28 | €55,204 | €46,691 | -€8,513 | -15.4% |
| Tangible fixed assets | 22/27 | €34,104 | €25,591 | -€8,513 | -25.0% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €34,104 | €25,591 | -€8,513 | -25.0% |
| Financial fixed assets | 28 | €21,100 | €21,100 | = | 0.0% |
| Current assets | 29/58 | €44,908 | €24,941 | -€19,968 | -44.5% |
| Amounts receivable within one year | 40/41 | €4,256 | €6,976 | +€2,720 | +63.9% |
| Trade receivables | 40 | €1,715 | €3,824 | +€2,109 | +122.9% |
| Other amounts receivable | 41 | €2,540 | €3,152 | +€612 | +24.1% |
| Current investments | 50/53 | €33,733 | €7,579 | -€26,154 | -77.5% |
| Cash at bank and in hand | 54/58 | €6,514 | €8,787 | +€2,272 | +34.9% |
| Deferred charges and accrued income | 490/1 | €405 | €1,599 | +€1,193 | +294.4% |
| Total equity and liabilities | 10/49 | €100,112 | €71,632 | -€28,481 | -28.4% |
| Equity | 10/15 | €90,302 | €59,999 | -€30,303 | -33.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,842 | €39,539 | -€30,303 | -43.4% |
| Amounts payable | 17/49 | €9,810 | €11,633 | +€1,823 | +18.6% |
| Amounts payable within one year | 42/48 | €9,810 | €11,633 | +€1,823 | +18.6% |
| Trade debts | 44 | €2,797 | €3,960 | +€1,163 | +41.6% |
| Suppliers | 440/4 | €2,797 | €3,960 | +€1,163 | +41.6% |
| Taxes, remuneration and social security | 45 | €7,013 | €7,672 | +€659 | +9.4% |
| Taxes | 450/3 | €5,013 | €7,672 | +€2,659 | +53.1% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100.0% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,652 | €9,208 | +€3,556 | +62.9% |
| Other operating charges | 640/8 | €24,339 | €886 | -€23,453 | -96.4% |
| Gross operating margin | 9900 | -€7,560 | -€7,872 | -€312 | -4.1% |
| Operating profit (loss) | 9901 | -€37,550 | -€17,965 | +€19,585 | +52.2% |
| Financial income | 75/76B | €13,409 | €9,021 | -€4,388 | -32.7% |
| Recurring financial income | 75 | €13,409 | €9,021 | -€4,388 | -32.7% |
| Financial charges | 65/66B | €4,164 | €24,534 | +€20,370 | +489.2% |
| Recurring financial charges | 65 | €4,164 | €24,534 | +€20,370 | +489.2% |
| Profit (loss) for the period before taxes | 9903 | -€28,305 | -€33,478 | -€5,173 | -18.3% |
| Income taxes | 67/77 | €145 | -€3,175 | -€3,320 | |
| Profit (loss) for the period | 9904 | -€28,450 | -€30,303 | -€1,853 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,450 | -€30,303 | -€1,853 | -6.5% |
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 7 October 2026 via checked.be.