MCI TOITURES: 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.
MCI TOITURES
Largest movements
- Receivables within one year +€116,944
up €116,944 (+77.7%), from €150,557 to €267,501
of which Other amounts receivable: +€81,627
- Deferred charges and accrued income +€4,335
new in 2025: €4,335
- Cash -€3,167
down €3,167 (-21.8%), from €14,524 to €11,357
mainly Receivables within one year (-€116,944) and Current portion of long-term debt (-€37,978)
- Reserves +€99,000
up €99,000 (+138%), from €72,000 to €171,000
- Trade debts +€53,657
up €53,657 (+242%), from €22,172 to €75,829
- Current portion of long-term debt -€37,978
down €37,978 (-86.7%), from €43,797 to €5,819
- Tax, wage and social debts +€34,672
up €34,672 (+10,402%), from €333 to €35,005
- Advances received -€27,220
no longer reported in 2025 (was €27,220)
- Gross operating margin +€46,826
up €46,826 (+44.0%), from €106,526 to €153,352
- Taxes +€16,061
up €16,061 (+86.2%), from €18,642 to €34,703
- Financial charges +€13,653
up €13,653 (+1,884%), from €725 to €14,378
of which Non-recurring financial charges: +€10,083
- Staff costs -€8,413
down €8,413 (-92.7%), from €9,074 to €661
- Financial income +€2,399
new in 2025: €2,399
of which Financial income: +€2,399
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 | €187,654 | €304,589 | +€116,935 | +62.3% |
| Fixed assets | 21/28 | €22,574 | €21,396 | -€1,178 | -5.2% |
| Tangible fixed assets | 22/27 | €22,574 | €21,396 | -€1,178 | -5.2% |
| Furniture and vehicles | 24 | €22,574 | €21,396 | -€1,178 | -5.2% |
| Current assets | 29/58 | €165,081 | €283,193 | +€118,112 | +71.5% |
| Amounts receivable within one year | 40/41 | €150,557 | €267,501 | +€116,944 | +77.7% |
| Trade receivables | 40 | €33,284 | €68,602 | +€35,318 | +106% |
| Other amounts receivable | 41 | €117,272 | €198,899 | +€81,627 | +69.6% |
| Cash at bank and in hand | 54/58 | €14,524 | €11,357 | -€3,167 | -21.8% |
| Deferred charges and accrued income | 490/1 | - | €4,335 | +€4,335 | |
| Total equity and liabilities | 10/49 | €187,654 | €304,589 | +€116,935 | +62.3% |
| Equity | 10/15 | €74,838 | €173,971 | +€99,133 | +132% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €72,000 | €171,000 | +€99,000 | +138% |
| Distributable reserves | 133 | €72,000 | €171,000 | +€99,000 | +138% |
| Profit (loss) carried forward | 14 | €338 | €471 | +€133 | +39.3% |
| Amounts payable | 17/49 | €112,817 | €130,618 | +€17,802 | +15.8% |
| Amounts payable after more than one year | 17 | €18,856 | €13,965 | -€4,891 | -25.9% |
| Financial debts | 170/4 | €18,856 | €13,965 | -€4,891 | -25.9% |
| Amounts payable within one year | 42/48 | €93,961 | €116,653 | +€22,693 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | €43,797 | €5,819 | -€37,978 | -86.7% |
| Trade debts | 44 | €22,172 | €75,829 | +€53,657 | +242% |
| Suppliers | 440/4 | €22,172 | €75,829 | +€53,657 | +242% |
| Advances received on contracts in progress | 46 | €27,220 | - | -€27,220 | |
| Taxes, remuneration and social security | 45 | €333 | €35,005 | +€34,672 | +10,402% |
| Taxes | 450/3 | €333 | €35,005 | +€34,672 | +10,402% |
| Other amounts payable | 47/48 | €438 | - | -€438 | |
| Remuneration, social security and pensions | 62 | €9,074 | €661 | -€8,413 | -92.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,360 | €6,034 | +€674 | +12.6% |
| Other operating charges | 640/8 | €387 | €843 | +€455 | +118% |
| Gross operating margin | 9900 | €106,526 | €153,352 | +€46,826 | +44.0% |
| Operating profit (loss) | 9901 | €91,705 | €145,815 | +€54,110 | +59.0% |
| Financial income | 75/76B | - | €2,399 | +€2,399 | |
| Recurring financial income | 75 | - | €2,399 | +€2,399 | |
| Non-recurring financial income | 76B | - | €2,399 | +€2,399 | |
| Financial charges | 65/66B | €725 | €14,378 | +€13,653 | +1,884% |
| Recurring financial charges | 65 | €725 | €4,295 | +€3,570 | +493% |
| Non-recurring financial charges | 66B | - | €10,083 | +€10,083 | |
| Profit (loss) for the period before taxes | 9903 | €90,980 | €133,836 | +€42,856 | +47.1% |
| Income taxes | 67/77 | €18,642 | €34,703 | +€16,061 | +86.2% |
| Profit (loss) for the period | 9904 | €72,338 | €99,133 | +€26,795 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €72,338 | €99,133 | +€26,795 | +37.0% |
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 15 October 2026 via checked.be.