MCH & CO: 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.
MCH & CO
Largest movements
- Stocks and contracts +€13,212
up €13,212 (+36.2%), from €36,488 to €49,700
- Receivables within one year -€7,105
down €7,105 (-38.9%), from €18,287 to €11,182
of which Trade receivables: -€12,000
- Other debts +€18,770
up €18,770 (+89.5%), from €20,980 to €39,751
- Trade debts -€13,896
down €13,896 (-98.3%), from €14,143 to €247
- Debts after one year -€13,468
no longer reported in 2025 (was €13,468)
- Profit (loss) carried forward +€11,276
up €11,276 (+230.3%), from €4,895 to €16,171
- Current portion of long-term debt +€1,511
up €1,511 (+12.6%), from €11,957 to €13,468
- Gross operating margin +€7,120
up €7,120 (+87.1%), from €8,173 to €15,292
- Taxes +€1,507
up €1,507 (+113.5%), from €1,328 to €2,835
- Other operating charges -€784
no longer reported in 2025 (was €784)
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 | €66,771 | €72,472 | +€5,701 | +8.5% |
| Current assets | 29/58 | €66,771 | €72,472 | +€5,701 | +8.5% |
| Stocks and contracts in progress | 3 | €36,488 | €49,700 | +€13,212 | +36.2% |
| Stocks | 30/36 | €36,488 | €49,700 | +€13,212 | +36.2% |
| Amounts receivable within one year | 40/41 | €18,287 | €11,182 | -€7,105 | -38.9% |
| Trade receivables | 40 | €12,000 | - | -€12,000 | |
| Other amounts receivable | 41 | €6,287 | €11,182 | +€4,895 | +77.9% |
| Cash at bank and in hand | 54/58 | €11,996 | €11,590 | -€406 | -3.4% |
| Total equity and liabilities | 10/49 | €66,771 | €72,472 | +€5,701 | +8.5% |
| Equity | 10/15 | €4,895 | €16,171 | +€11,276 | +230.3% |
| Profit (loss) carried forward | 14 | €4,895 | €16,171 | +€11,276 | +230.3% |
| Amounts payable | 17/49 | €61,876 | €56,301 | -€5,575 | -9.0% |
| Amounts payable after more than one year | 17 | €13,468 | - | -€13,468 | |
| Financial debts | 170/4 | €13,468 | - | -€13,468 | |
| Amounts payable within one year | 42/48 | €48,408 | €56,301 | +€7,893 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €11,957 | €13,468 | +€1,511 | +12.6% |
| Trade debts | 44 | €14,143 | €247 | -€13,896 | -98.3% |
| Suppliers | 440/4 | €14,143 | €247 | -€13,896 | -98.3% |
| Taxes, remuneration and social security | 45 | €1,328 | €2,835 | +€1,507 | +113.5% |
| Taxes | 450/3 | €1,328 | €2,835 | +€1,507 | +113.5% |
| Other amounts payable | 47/48 | €20,980 | €39,751 | +€18,770 | +89.5% |
| Other operating charges | 640/8 | €784 | - | -€784 | |
| Gross operating margin | 9900 | €8,173 | €15,292 | +€7,120 | +87.1% |
| Operating profit (loss) | 9901 | €7,388 | €15,292 | +€7,904 | +107.0% |
| Financial income | 75/76B | €0 | €13 | +€13 | +127600.0% |
| Recurring financial income | 75 | €0 | €13 | +€13 | +127600.0% |
| Financial charges | 65/66B | €1,165 | €1,194 | +€29 | +2.5% |
| Recurring financial charges | 65 | €1,165 | €1,194 | +€29 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €6,223 | €14,111 | +€7,888 | +126.8% |
| Income taxes | 67/77 | €1,328 | €2,835 | +€1,507 | +113.5% |
| Profit (loss) for the period | 9904 | €4,895 | €11,276 | +€6,380 | +130.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,895 | €11,276 | +€6,380 | +130.3% |
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.