MCM Holding: 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.
MCM Holding
Largest movements
- Receivables within one year +€40,891
up €40,891 (+118.5%), from €34,517 to €75,408
of which Other amounts receivable: +€41,285
- Cash +€17,708
up €17,708 (+48.4%), from €36,554 to €54,261
mainly Net result for the year (+€38,715) and Tax, wage and social debts (+€12,410)
- Tangible fixed assets -€8,065
down €8,065 (-37.1%), from €21,745 to €13,679
of which Furniture and vehicles: -€6,351
- Reserves +€38,715
up €38,715 (+14.6%), from €264,551 to €303,267
- Tax, wage and social debts +€12,410
up €12,410, from €0 to €12,410
- Gross operating margin +€89,373
up €89,373 (+215.2%), from €41,533 to €130,906
- Taxes +€26,991
up €26,991 (+1406.1%), from €1,920 to €28,910
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 | €358,748 | €412,620 | +€53,872 | +15.0% |
| Fixed assets | 21/28 | €211,745 | €203,679 | -€8,065 | -3.8% |
| Tangible fixed assets | 22/27 | €21,745 | €13,679 | -€8,065 | -37.1% |
| Plant, machinery and equipment | 23 | - | €366 | +€366 | |
| Furniture and vehicles | 24 | €8,131 | €1,780 | -€6,351 | -78.1% |
| Other tangible fixed assets | 26 | €13,614 | €11,534 | -€2,080 | -15.3% |
| Financial fixed assets | 28 | €190,000 | €190,000 | = | 0.0% |
| Current assets | 29/58 | €147,003 | €208,941 | +€61,937 | +42.1% |
| Amounts receivable after more than one year | 29 | €70,000 | €70,000 | = | 0.0% |
| Other amounts receivable | 291 | €70,000 | €70,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,517 | €75,408 | +€40,891 | +118.5% |
| Trade receivables | 40 | €395 | €0 | -€395 | -100.0% |
| Other amounts receivable | 41 | €34,123 | €75,408 | +€41,285 | +121.0% |
| Cash at bank and in hand | 54/58 | €36,554 | €54,261 | +€17,708 | +48.4% |
| Deferred charges and accrued income | 490/1 | €5,933 | €9,272 | +€3,339 | +56.3% |
| Total equity and liabilities | 10/49 | €358,748 | €412,620 | +€53,872 | +15.0% |
| Equity | 10/15 | €288,551 | €327,267 | +€38,715 | +13.4% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €264,551 | €303,267 | +€38,715 | +14.6% |
| Distributable reserves | 133 | €264,551 | €303,267 | +€38,715 | +14.6% |
| Amounts payable | 17/49 | €70,197 | €85,354 | +€15,157 | +21.6% |
| Amounts payable after more than one year | 17 | €70,000 | €70,000 | = | 0.0% |
| Financial debts | 170/4 | €70,000 | €70,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €170 | €15,354 | +€15,184 | +8957.6% |
| Financial debts | 43 | €97 | €29 | -€68 | -70.1% |
| Credit institutions | 430/8 | €97 | €29 | -€68 | -70.1% |
| Trade debts | 44 | €73 | €2,914 | +€2,842 | +3917.9% |
| Suppliers | 440/4 | €73 | €2,914 | +€2,842 | +3917.9% |
| Taxes, remuneration and social security | 45 | €0 | €12,410 | +€12,410 | |
| Taxes | 450/3 | €0 | €12,410 | +€12,410 | |
| Accrued charges and deferred income | 492/3 | €27 | €0 | -€27 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,826 | €10,559 | +€734 | +7.5% |
| Other operating charges | 640/8 | €2,107 | €2,622 | +€516 | +24.5% |
| Gross operating margin | 9900 | €41,533 | €130,906 | +€89,373 | +215.2% |
| Operating profit (loss) | 9901 | €29,600 | €117,724 | +€88,123 | +297.7% |
| Financial income | 75/76B | €4,218 | €4,736 | +€518 | +12.3% |
| Recurring financial income | 75 | €4,218 | €4,736 | +€518 | +12.3% |
| Financial charges | 65/66B | €54,654 | €54,834 | +€181 | +0.3% |
| Recurring financial charges | 65 | €54,654 | €54,834 | +€181 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,835 | €67,626 | +€88,461 | |
| Income taxes | 67/77 | €1,920 | €28,910 | +€26,991 | +1406.1% |
| Profit (loss) for the period | 9904 | -€22,755 | €38,715 | +€61,470 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,755 | €38,715 | +€61,470 |
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 12 October 2026 via checked.be.