MCLC: 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.
MCLC
Largest movements
- Current investments +€150,000
new in 2025: €150,000
- Cash -€86,311
down €86,311 (-71.8%), from €120,252 to €33,941
mainly Contributions, distributions and other (-€161,887) and Current investments (-€150,000)
- Tangible fixed assets +€31,313
up €31,313 (+61.2%), from €51,169 to €82,483
of which Furniture and vehicles: +€32,269
- Financial fixed assets +€7,025
up €7,025 (+23415.8%), from €30 to €7,055
- Receivables within one year -€5,877
down €5,877 (-7.3%), from €80,927 to €75,050
of which Trade receivables: -€6,786
- Other debts +€159,676
up €159,676 (+13370.0%), from €1,194 to €160,870
- Reserves -€72,199
down €72,199 (-38.8%), from €186,068 to €113,869
- Debts after one year +€22,578
up €22,578 (+162.8%), from €13,873 to €36,451
- Tax, wage and social debts -€11,396
down €11,396 (-42.5%), from €26,829 to €15,433
of which Remuneration and social security: -€7,054
- Trade debts -€7,557
down €7,557 (-63.4%), from €11,911 to €4,354
- Gross operating margin +€20,773
up €20,773 (+18.8%), from €110,454 to €131,227
- Taxes +€5,407
up €5,407 (+27.4%), from €19,756 to €25,163
- Depreciation -€1,981
down €1,981 (-11.7%), from €16,893 to €14,912
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 | €254,111 | €351,344 | +€97,233 | +38.3% |
| Fixed assets | 21/28 | €51,199 | €89,537 | +€38,338 | +74.9% |
| Tangible fixed assets | 22/27 | €51,169 | €82,483 | +€31,313 | +61.2% |
| Plant, machinery and equipment | 23 | €1,865 | €1,311 | -€554 | -29.7% |
| Furniture and vehicles | 24 | €47,094 | €79,363 | +€32,269 | +68.5% |
| Other tangible fixed assets | 26 | €2,210 | €1,808 | -€401 | -18.2% |
| Financial fixed assets | 28 | €30 | €7,055 | +€7,025 | +23415.8% |
| Current assets | 29/58 | €202,912 | €261,807 | +€58,894 | +29.0% |
| Amounts receivable within one year | 40/41 | €80,927 | €75,050 | -€5,877 | -7.3% |
| Trade receivables | 40 | €69,983 | €63,197 | -€6,786 | -9.7% |
| Other amounts receivable | 41 | €10,944 | €11,854 | +€909 | +8.3% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €120,252 | €33,941 | -€86,311 | -71.8% |
| Deferred charges and accrued income | 490/1 | €1,733 | €2,815 | +€1,082 | +62.4% |
| Total equity and liabilities | 10/49 | €254,111 | €351,344 | +€97,233 | +38.3% |
| Equity | 10/15 | €187,318 | €115,119 | -€72,199 | -38.5% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Reserves | 13 | €186,068 | €113,869 | -€72,199 | -38.8% |
| Distributable reserves | 133 | €186,068 | €113,869 | -€72,199 | -38.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €66,793 | €236,225 | +€169,432 | +253.7% |
| Amounts payable after more than one year | 17 | €13,873 | €36,451 | +€22,578 | +162.8% |
| Financial debts | 170/4 | €13,873 | €36,451 | +€22,578 | +162.8% |
| Amounts payable within one year | 42/48 | €52,920 | €199,689 | +€146,769 | +277.3% |
| Current portion of amounts payable after more than one year | 42 | €12,926 | €19,032 | +€6,105 | +47.2% |
| Financial debts | 43 | €60 | €0 | -€60 | -100.0% |
| Credit institutions | 430/8 | €60 | €0 | -€60 | -100.0% |
| Trade debts | 44 | €11,911 | €4,354 | -€7,557 | -63.4% |
| Suppliers | 440/4 | €11,911 | €4,354 | -€7,557 | -63.4% |
| Taxes, remuneration and social security | 45 | €26,829 | €15,433 | -€11,396 | -42.5% |
| Taxes | 450/3 | €12,102 | €7,760 | -€4,342 | -35.9% |
| Remuneration and social security | 454/9 | €14,726 | €7,672 | -€7,054 | -47.9% |
| Other amounts payable | 47/48 | €1,194 | €160,870 | +€159,676 | +13370.0% |
| Accrued charges and deferred income | 492/3 | - | €85 | +€85 | |
| Non-recurring operating income | 76A | - | €6,438 | +€6,438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,893 | €14,912 | -€1,981 | -11.7% |
| Other operating charges | 640/8 | €796 | €797 | +€1 | +0.1% |
| Gross operating margin | 9900 | €110,454 | €131,227 | +€20,773 | +18.8% |
| Operating profit (loss) | 9901 | €92,766 | €115,519 | +€22,753 | +24.5% |
| Financial income | 75/76B | €366 | €287 | -€79 | -21.6% |
| Recurring financial income | 75 | €366 | €287 | -€79 | -21.6% |
| Financial charges | 65/66B | €1,176 | €954 | -€222 | -18.9% |
| Recurring financial charges | 65 | €1,176 | €954 | -€222 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €91,955 | €114,851 | +€22,896 | +24.9% |
| Income taxes | 67/77 | €19,756 | €25,163 | +€5,407 | +27.4% |
| Profit (loss) for the period | 9904 | €72,199 | €89,688 | +€17,489 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €72,199 | €89,688 | +€17,489 | +24.2% |
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 3 October 2026 via checked.be.