MCP: 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.
MCP
Largest movements
- Cash -€26,113
down €26,113 (-25.2%), from €103,444 to €77,331
mainly Contributions, distributions and other (-€81,155) and Tax, wage and social debts (-€5,797)
- Tangible fixed assets -€8,714
down €8,714 (-49.0%), from €17,780 to €9,066
of which Furniture and vehicles: -€8,301
- Receivables within one year +€2,123
up €2,123 (+16.2%), from €13,129 to €15,251
of which Other amounts receivable: +€3,151
- Reserves -€67,525
down €67,525 (-100%), from €67,525 to €0
- Other debts +€43,503
up €43,503 (+111%), from €39,279 to €82,783
- Tax, wage and social debts -€5,797
down €5,797 (-41.1%), from €14,119 to €8,322
of which Taxes: -€5,797
- Trade debts -€2,885
down €2,885 (-65.1%), from €4,429 to €1,544
- Gross operating margin -€69,133
down €69,133 (-70.4%), from €98,139 to €29,005
- Taxes -€14,648
down €14,648 (-78.7%), from €18,608 to €3,960
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,353 | €101,648 | -€32,704 | -24.3% |
| Fixed assets | 21/28 | €17,780 | €9,066 | -€8,714 | -49.0% |
| Tangible fixed assets | 22/27 | €17,780 | €9,066 | -€8,714 | -49.0% |
| Plant, machinery and equipment | 23 | €413 | €0 | -€413 | -100% |
| Furniture and vehicles | 24 | €17,367 | €9,066 | -€8,301 | -47.8% |
| Current assets | 29/58 | €116,573 | €92,582 | -€23,991 | -20.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €13,129 | €15,251 | +€2,123 | +16.2% |
| Trade receivables | 40 | €13,129 | €12,100 | -€1,029 | -7.8% |
| Other amounts receivable | 41 | - | €3,151 | +€3,151 | |
| Cash at bank and in hand | 54/58 | €103,444 | €77,331 | -€26,113 | -25.2% |
| Total equity and liabilities | 10/49 | €134,353 | €101,648 | -€32,704 | -24.3% |
| Equity | 10/15 | €76,525 | €9,000 | -€67,525 | -88.2% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €67,525 | €0 | -€67,525 | -100% |
| Distributable reserves | 133 | €67,525 | €0 | -€67,525 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €57,827 | €92,648 | +€34,821 | +60.2% |
| Amounts payable within one year | 42/48 | €57,827 | €92,648 | +€34,821 | +60.2% |
| Trade debts | 44 | €4,429 | €1,544 | -€2,885 | -65.1% |
| Suppliers | 440/4 | €4,429 | €1,544 | -€2,885 | -65.1% |
| Taxes, remuneration and social security | 45 | €14,119 | €8,322 | -€5,797 | -41.1% |
| Taxes | 450/3 | €11,620 | €5,823 | -€5,797 | -49.9% |
| Remuneration and social security | 454/9 | €2,499 | €2,499 | = | 0.0% |
| Other amounts payable | 47/48 | €39,279 | €82,783 | +€43,503 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,619 | €8,714 | -€905 | -9.4% |
| Other operating charges | 640/8 | €2,163 | €2,286 | +€123 | +5.7% |
| Gross operating margin | 9900 | €98,139 | €29,005 | -€69,133 | -70.4% |
| Operating profit (loss) | 9901 | €86,357 | €18,006 | -€68,351 | -79.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €224 | €416 | +€193 | +86.3% |
| Recurring financial charges | 65 | €224 | €416 | +€193 | +86.3% |
| Profit (loss) for the period before taxes | 9903 | €86,133 | €17,589 | -€68,544 | -79.6% |
| Income taxes | 67/77 | €18,608 | €3,960 | -€14,648 | -78.7% |
| Profit (loss) for the period | 9904 | €67,525 | €13,629 | -€53,896 | -79.8% |
| Profit (loss) for the period to be appropriated | 9905 | €67,525 | €13,629 | -€53,896 | -79.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.