MCL PROPERTIES: 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.
MCL PROPERTIES
Largest movements
- Receivables within one year -€86,164
down €86,164 (-90.4%), from €95,294 to €9,130
of which Other amounts receivable: -€88,598
- Cash +€62,176
up €62,176 (+67.1%), from €92,652 to €154,828
mainly Receivables within one year (+€86,164) and Depreciation (+€77,768)
- Tangible fixed assets -€27,561
down €27,561 (-4.4%), from €631,417 to €603,855
of which Land and buildings: -€18,811
- Profit (loss) carried forward -€54,988
down €54,988 (-8.0%), from €688,210 to €633,222
- Other debts +€26,403
new in 2025: €26,403
- Current portion of long-term debt -€18,631
down €18,631 (-79.3%), from €23,483 to €4,852
- Gross operating margin -€170,269
down €170,269 (-72.8%), from €233,969 to €63,700
- Taxes -€28,488
no longer reported in 2025 (was €28,488)
- Depreciation -€3,683
down €3,683 (-4.5%), from €81,451 to €77,768
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 | €819,362 | €767,813 | -€51,549 | -6.3% |
| Fixed assets | 21/28 | €631,417 | €603,855 | -€27,561 | -4.4% |
| Tangible fixed assets | 22/27 | €631,417 | €603,855 | -€27,561 | -4.4% |
| Land and buildings | 22 | €584,220 | €565,410 | -€18,811 | -3.2% |
| Plant, machinery and equipment | 23 | €47,196 | €38,446 | -€8,751 | -18.5% |
| Current assets | 29/58 | €187,945 | €163,958 | -€23,987 | -12.8% |
| Amounts receivable within one year | 40/41 | €95,294 | €9,130 | -€86,164 | -90.4% |
| Trade receivables | 40 | €6,696 | €9,130 | +€2,434 | +36.4% |
| Other amounts receivable | 41 | €88,598 | - | -€88,598 | |
| Cash at bank and in hand | 54/58 | €92,652 | €154,828 | +€62,176 | +67.1% |
| Total equity and liabilities | 10/49 | €819,362 | €767,813 | -€51,549 | -6.3% |
| Equity | 10/15 | €756,380 | €701,393 | -€54,988 | -7.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €688,210 | €633,222 | -€54,988 | -8.0% |
| Amounts payable | 17/49 | €62,981 | €66,420 | +€3,439 | +5.5% |
| Amounts payable after more than one year | 17 | €15,352 | €10,500 | -€4,852 | -31.6% |
| Financial debts | 170/4 | €13,452 | €8,600 | -€4,852 | -36.1% |
| Other amounts payable | 178/9 | €1,900 | €1,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €47,629 | €55,920 | +€8,291 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €23,483 | €4,852 | -€18,631 | -79.3% |
| Trade debts | 44 | €3,362 | €1,963 | -€1,399 | -41.6% |
| Suppliers | 440/4 | €3,362 | €1,963 | -€1,399 | -41.6% |
| Advances received on contracts in progress | 46 | - | €1,325 | +€1,325 | |
| Taxes, remuneration and social security | 45 | €20,784 | €21,377 | +€593 | +2.9% |
| Taxes | 450/3 | €20,784 | €21,377 | +€593 | +2.9% |
| Other amounts payable | 47/48 | - | €26,403 | +€26,403 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,451 | €77,768 | -€3,683 | -4.5% |
| Other operating charges | 640/8 | €41,420 | €42,789 | +€1,369 | +3.3% |
| Gross operating margin | 9900 | €233,969 | €63,700 | -€170,269 | -72.8% |
| Operating profit (loss) | 9901 | €111,099 | -€56,857 | -€167,955 | |
| Financial income | 75/76B | €3,602 | €3,299 | -€303 | -8.4% |
| Recurring financial income | 75 | €3,602 | €3,299 | -€303 | -8.4% |
| Financial charges | 65/66B | €2,191 | €1,430 | -€761 | -34.7% |
| Recurring financial charges | 65 | €2,191 | €1,430 | -€761 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €112,510 | -€54,988 | -€167,497 | |
| Income taxes | 67/77 | €28,488 | - | -€28,488 | |
| Profit (loss) for the period | 9904 | €84,022 | -€54,988 | -€139,010 | |
| Profit (loss) for the period to be appropriated | 9905 | €84,022 | -€54,988 | -€139,010 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.