MCM CONSTRUCT: 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.
MCM CONSTRUCT
Largest movements
- Cash +€174,384
up €174,384 (+499.3%), from €34,924 to €209,308
mainly Receivables within one year (+€107,654) and Other debts (+€42,553)
- Receivables within one year -€107,654
down €107,654 (-95.6%), from €112,553 to €4,899
of which Other amounts receivable: -€107,654
- Tangible fixed assets -€12,042
down €12,042 (-1.9%), from €650,217 to €638,175
of which Land and buildings: -€21,891
- Financial fixed assets -€8,573
no longer reported in 2025 (was €8,573)
- Other debts +€42,553
new in 2025: €42,553
- Profit (loss) carried forward +€16,335
up €16,335 (+11.8%), from €138,979 to €155,314
- Debts after one year -€14,239
down €14,239 (-4.1%), from €347,710 to €333,471
- Gross operating margin +€2,988
up €2,988 (+4.9%), from €60,893 to €63,881
- Turnover +€2,835
up €2,835 (+4.3%), from €66,000 to €68,835
- Depreciation +€788
up €788 (+3.2%), from €24,397 to €25,185
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 | €807,866 | €853,271 | +€45,405 | +5.6% |
| Fixed assets | 21/28 | €658,790 | €638,175 | -€20,615 | -3.1% |
| Tangible fixed assets | 22/27 | €650,217 | €638,175 | -€12,042 | -1.9% |
| Land and buildings | 22 | €638,926 | €617,035 | -€21,891 | -3.4% |
| Plant, machinery and equipment | 23 | €5,477 | €16,006 | +€10,529 | +192.2% |
| Furniture and vehicles | 24 | €5,814 | €5,134 | -€680 | -11.7% |
| Financial fixed assets | 28 | €8,573 | - | -€8,573 | |
| Current assets | 29/58 | €149,076 | €215,096 | +€66,020 | +44.3% |
| Amounts receivable within one year | 40/41 | €112,553 | €4,899 | -€107,654 | -95.6% |
| Trade receivables | 40 | €4,899 | €4,899 | = | 0.0% |
| Other amounts receivable | 41 | €107,654 | - | -€107,654 | |
| Cash at bank and in hand | 54/58 | €34,924 | €209,308 | +€174,384 | +499.3% |
| Deferred charges and accrued income | 490/1 | €1,599 | €889 | -€710 | -44.4% |
| Total equity and liabilities | 10/49 | €807,866 | €853,271 | +€45,405 | +5.6% |
| Equity | 10/15 | €441,257 | €457,592 | +€16,335 | +3.7% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €2,278 | €2,278 | = | 0.0% |
| Distributable reserves | 133 | €2,278 | €2,278 | = | 0.0% |
| Profit (loss) carried forward | 14 | €138,979 | €155,314 | +€16,335 | +11.8% |
| Amounts payable | 17/49 | €366,609 | €395,679 | +€29,070 | +7.9% |
| Amounts payable after more than one year | 17 | €347,710 | €333,471 | -€14,239 | -4.1% |
| Financial debts | 170/4 | €347,710 | €333,471 | -€14,239 | -4.1% |
| Amounts payable within one year | 42/48 | €18,899 | €62,208 | +€43,309 | +229.2% |
| Current portion of amounts payable after more than one year | 42 | €13,716 | €14,239 | +€523 | +3.8% |
| Taxes, remuneration and social security | 45 | €5,183 | €5,416 | +€233 | +4.5% |
| Taxes | 450/3 | €5,183 | €5,416 | +€233 | +4.5% |
| Other amounts payable | 47/48 | - | €42,553 | +€42,553 | |
| Turnover | 70 | €66,000 | €68,835 | +€2,835 | +4.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,107 | €4,954 | -€153 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,397 | €25,185 | +€788 | +3.2% |
| Other operating charges | 640/8 | €3,345 | €3,394 | +€49 | +1.5% |
| Gross operating margin | 9900 | €60,893 | €63,881 | +€2,988 | +4.9% |
| Operating profit (loss) | 9901 | €33,151 | €35,302 | +€2,151 | +6.5% |
| Financial income | 75/76B | €15 | €158 | +€143 | +953.3% |
| Recurring financial income | 75 | €15 | €158 | +€143 | +953.3% |
| Financial charges | 65/66B | €14,127 | €13,661 | -€466 | -3.3% |
| Recurring financial charges | 65 | €14,127 | €13,661 | -€466 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €19,039 | €21,799 | +€2,760 | +14.5% |
| Income taxes | 67/77 | €5,188 | €5,464 | +€276 | +5.3% |
| Profit (loss) for the period | 9904 | €13,851 | €16,335 | +€2,484 | +17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,851 | €16,335 | +€2,484 | +17.9% |
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.