MCP METAL: 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 METAL
Largest movements
- Cash -€147,524
down €147,524 (-94.3%), from €156,425 to €8,902
mainly Current investments (-€131,836) and Tax, wage and social debts (-€15,349)
- Current investments +€131,836
up €131,836 (+108%), from €122,070 to €253,906
- Receivables within one year +€10,847
up €10,847 (+1,286%), from €843 to €11,690
of which Trade receivables: +€11,690
- Tangible fixed assets +€7,706
up €7,706 (+25.1%), from €30,690 to €38,396
of which Plant, machinery and equipment: +€9,159
- Tax, wage and social debts -€15,349
down €15,349 (-85.9%), from €17,872 to €2,523
- Reserves +€13,645
up €13,645 (+5.5%), from €248,846 to €262,492
- Financial income -€174,702
down €174,702 (-92.6%), from €188,610 to €13,909
of which Non-recurring financial income: -€187,500
- Taxes -€20,527
down €20,527 (-75.5%), from €27,202 to €6,675
- Gross operating margin -€13,348
down €13,348 (-37.2%), from €35,843 to €22,495
- Other operating charges +€1,887
up €1,887 (+234%), from €806 to €2,692
- Depreciation +€1,867
up €1,867 (+39.5%), from €4,731 to €6,598
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 | €312,556 | €315,314 | +€2,758 | +0.9% |
| Fixed assets | 21/28 | €30,690 | €38,396 | +€7,706 | +25.1% |
| Tangible fixed assets | 22/27 | €30,690 | €38,396 | +€7,706 | +25.1% |
| Land and buildings | 22 | €26,116 | €24,531 | -€1,584 | -6.1% |
| Plant, machinery and equipment | 23 | €3,042 | €12,201 | +€9,159 | +301% |
| Furniture and vehicles | 24 | €1,533 | €1,664 | +€132 | +8.6% |
| Current assets | 29/58 | €281,866 | €276,918 | -€4,948 | -1.8% |
| Stocks and contracts in progress | 3 | €2,413 | €2,397 | -€16 | -0.7% |
| Stocks | 30/36 | €2,413 | €2,397 | -€16 | -0.7% |
| Amounts receivable within one year | 40/41 | €843 | €11,690 | +€10,847 | +1,286% |
| Trade receivables | 40 | - | €11,690 | +€11,690 | |
| Other amounts receivable | 41 | €843 | €0 | -€843 | -100% |
| Current investments | 50/53 | €122,070 | €253,906 | +€131,836 | +108% |
| Cash at bank and in hand | 54/58 | €156,425 | €8,902 | -€147,524 | -94.3% |
| Deferred charges and accrued income | 490/1 | €114 | €23 | -€91 | -80.1% |
| Total equity and liabilities | 10/49 | €312,556 | €315,314 | +€2,758 | +0.9% |
| Equity | 10/15 | €267,446 | €281,092 | +€13,645 | +5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €248,846 | €262,492 | +€13,645 | +5.5% |
| Distributable reserves | 133 | €248,846 | €262,492 | +€13,645 | +5.5% |
| Amounts payable | 17/49 | €45,110 | €34,223 | -€10,887 | -24.1% |
| Amounts payable within one year | 42/48 | €45,110 | €34,223 | -€10,887 | -24.1% |
| Trade debts | 44 | €801 | €2,658 | +€1,857 | +232% |
| Suppliers | 440/4 | €801 | €2,658 | +€1,857 | +232% |
| Taxes, remuneration and social security | 45 | €17,872 | €2,523 | -€15,349 | -85.9% |
| Taxes | 450/3 | €17,872 | €2,523 | -€15,349 | -85.9% |
| Other amounts payable | 47/48 | €26,437 | €29,042 | +€2,605 | +9.9% |
| Non-recurring operating income | 76A | - | €100 | +€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,731 | €6,598 | +€1,867 | +39.5% |
| Other operating charges | 640/8 | €806 | €2,692 | +€1,887 | +234% |
| Non-recurring operating charges | 66A | - | €1,900 | +€1,900 | |
| Gross operating margin | 9900 | €35,843 | €22,495 | -€13,348 | -37.2% |
| Operating profit (loss) | 9901 | €30,306 | €11,304 | -€19,002 | -62.7% |
| Financial income | 75/76B | €188,610 | €13,909 | -€174,702 | -92.6% |
| Recurring financial income | 75 | €1,110 | €13,909 | +€12,798 | +1,153% |
| Non-recurring financial income | 76B | €187,500 | €0 | -€187,500 | -100% |
| Financial charges | 65/66B | €3,055 | €4,893 | +€1,838 | +60.2% |
| Recurring financial charges | 65 | €3,055 | €4,893 | +€1,838 | +60.2% |
| Profit (loss) for the period before taxes | 9903 | €215,862 | €20,320 | -€195,541 | -90.6% |
| Income taxes | 67/77 | €27,202 | €6,675 | -€20,527 | -75.5% |
| Profit (loss) for the period | 9904 | €188,659 | €13,645 | -€175,014 | -92.8% |
| Profit (loss) for the period to be appropriated | 9905 | €188,659 | €13,645 | -€175,014 | -92.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.