MCP MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables after one year -€61,138
no longer reported in 2025 (was €61,138)
- Receivables within one year +€31,490
up €31,490 (+2,510%), from €1,254 to €32,744
of which Trade receivables: +€24,645
- Cash -€9,729
down €9,729 (-43.7%), from €22,257 to €12,528
mainly Contributions, distributions and other (-€94,785) and Receivables within one year (-€31,490)
- Stocks and contracts +€1,148
new in 2025: €1,148
- Profit (loss) carried forward -€60,897
no longer reported in 2025 (was €60,897)
- Tax, wage and social debts +€21,583
up €21,583 (+117%), from €18,464 to €40,046
- Trade debts +€1,410
up €1,410 (+99.8%), from €1,414 to €2,824
- Gross operating margin +€10,999
up €10,999 (+32.5%), from €33,834 to €44,833
- Taxes +€2,730
up €2,730 (+40.8%), from €6,689 to €9,420
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.
Derived cash bridge
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 | €85,775 | €47,871 | -€37,904 | -44.2% |
| Fixed assets | 21/28 | €1,125 | €1,451 | +€326 | +28.9% |
| Tangible fixed assets | 22/27 | €1,125 | €1,451 | +€326 | +28.9% |
| Furniture and vehicles | 24 | €1,125 | €1,451 | +€326 | +28.9% |
| Current assets | 29/58 | €84,649 | €46,419 | -€38,230 | -45.2% |
| Amounts receivable after more than one year | 29 | €61,138 | - | -€61,138 | |
| Other amounts receivable | 291 | €61,138 | - | -€61,138 | |
| Stocks and contracts in progress | 3 | - | €1,148 | +€1,148 | |
| Stocks | 30/36 | - | €1,148 | +€1,148 | |
| Amounts receivable within one year | 40/41 | €1,254 | €32,744 | +€31,490 | +2,510% |
| Trade receivables | 40 | €95 | €24,740 | +€24,645 | +25,841% |
| Other amounts receivable | 41 | €1,159 | €8,004 | +€6,845 | +591% |
| Cash at bank and in hand | 54/58 | €22,257 | €12,528 | -€9,729 | -43.7% |
| Total equity and liabilities | 10/49 | €85,775 | €47,871 | -€37,904 | -44.2% |
| Equity | 10/15 | €65,897 | €5,000 | -€60,897 | -92.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,897 | - | -€60,897 | |
| Amounts payable | 17/49 | €19,877 | €42,871 | +€22,993 | +116% |
| Amounts payable within one year | 42/48 | €19,877 | €42,871 | +€22,993 | +116% |
| Trade debts | 44 | €1,414 | €2,824 | +€1,410 | +99.8% |
| Suppliers | 440/4 | €1,414 | €2,824 | +€1,410 | +99.8% |
| Taxes, remuneration and social security | 45 | €18,464 | €40,046 | +€21,583 | +117% |
| Taxes | 450/3 | €18,464 | €40,046 | +€21,583 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €599 | €660 | +€61 | +10.2% |
| Other operating charges | 640/8 | €200 | €609 | +€409 | +205% |
| Gross operating margin | 9900 | €33,834 | €44,833 | +€10,999 | +32.5% |
| Operating profit (loss) | 9901 | €33,035 | €43,563 | +€10,528 | +31.9% |
| Financial income | 75/76B | €28 | - | -€28 | |
| Recurring financial income | 75 | €28 | - | -€28 | |
| Financial charges | 65/66B | €322 | €256 | -€66 | -20.5% |
| Recurring financial charges | 65 | €322 | €256 | -€66 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €32,741 | €43,307 | +€10,566 | +32.3% |
| Income taxes | 67/77 | €6,689 | €9,420 | +€2,730 | +40.8% |
| Profit (loss) for the period | 9904 | €26,052 | €33,888 | +€7,836 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,052 | €33,888 | +€7,836 | +30.1% |
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 27 October 2026 via checked.be.