MCT CENTRAL: 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.
MCT CENTRAL
Largest movements
- Cash -€203,538
down €203,538 (-78.2%), from €260,276 to €56,738
mainly Trade debts (-€281,300) and Tax, wage and social debts (-€11,762)
- Receivables within one year -€21,802
down €21,802 (-4.6%), from €471,272 to €449,470
of which Trade receivables: -€25,537
- Tangible fixed assets -€8,826
down €8,826 (-15.5%), from €56,805 to €47,979
- Trade debts -€281,300
down €281,300 (-44.9%), from €625,876 to €344,576
- Profit (loss) carried forward +€57,383
up €57,383 (+37.3%), from €153,858 to €211,241
- Tax, wage and social debts -€11,762
down €11,762 (-54.8%), from €21,474 to €9,712
of which Remuneration and social security: -€6,669
- Gross operating margin -€144,831
down €144,831 (-40.1%), from €361,266 to €216,435
- Other operating charges -€120,842
down €120,842 (-99.6%), from €121,291 to €450
- Taxes -€4,890
down €4,890 (-25.3%), from €19,336 to €14,446
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 | €804,208 | €568,529 | -€235,679 | -29.3% |
| Fixed assets | 21/28 | €63,336 | €54,510 | -€8,826 | -13.9% |
| Tangible fixed assets | 22/27 | €56,805 | €47,979 | -€8,826 | -15.5% |
| Furniture and vehicles | 24 | €56,805 | €47,979 | -€8,826 | -15.5% |
| Financial fixed assets | 28 | €6,531 | €6,531 | = | 0.0% |
| Current assets | 29/58 | €740,872 | €514,019 | -€226,853 | -30.6% |
| Amounts receivable within one year | 40/41 | €471,272 | €449,470 | -€21,802 | -4.6% |
| Trade receivables | 40 | €465,611 | €440,074 | -€25,537 | -5.5% |
| Other amounts receivable | 41 | €5,661 | €9,396 | +€3,735 | +66.0% |
| Cash at bank and in hand | 54/58 | €260,276 | €56,738 | -€203,538 | -78.2% |
| Deferred charges and accrued income | 490/1 | €9,324 | €7,812 | -€1,513 | -16.2% |
| Total equity and liabilities | 10/49 | €804,208 | €568,529 | -€235,679 | -29.3% |
| Equity | 10/15 | €156,858 | €214,241 | +€57,383 | +36.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,858 | €211,241 | +€57,383 | +37.3% |
| Amounts payable | 17/49 | €647,350 | €354,288 | -€293,062 | -45.3% |
| Amounts payable within one year | 42/48 | €647,350 | €354,288 | -€293,062 | -45.3% |
| Trade debts | 44 | €625,876 | €344,576 | -€281,300 | -44.9% |
| Suppliers | 440/4 | €625,876 | €344,576 | -€281,300 | -44.9% |
| Taxes, remuneration and social security | 45 | €21,474 | €9,712 | -€11,762 | -54.8% |
| Taxes | 450/3 | €5,092 | €0 | -€5,092 | -100% |
| Remuneration and social security | 454/9 | €16,381 | €9,712 | -€6,669 | -40.7% |
| Remuneration, social security and pensions | 62 | €135,983 | €134,522 | -€1,461 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,432 | €8,826 | +€3,394 | +62.5% |
| Other operating charges | 640/8 | €121,291 | €450 | -€120,842 | -99.6% |
| Gross operating margin | 9900 | €361,266 | €216,435 | -€144,831 | -40.1% |
| Operating profit (loss) | 9901 | €98,560 | €72,638 | -€25,923 | -26.3% |
| Financial income | 75/76B | €221 | €0 | -€221 | -100% |
| Recurring financial income | 75 | €221 | €0 | -€221 | -100% |
| Financial charges | 65/66B | €544 | €809 | +€265 | +48.7% |
| Recurring financial charges | 65 | €544 | €809 | +€265 | +48.7% |
| Profit (loss) for the period before taxes | 9903 | €98,238 | €71,829 | -€26,409 | -26.9% |
| Income taxes | 67/77 | €19,336 | €14,446 | -€4,890 | -25.3% |
| Profit (loss) for the period | 9904 | €78,902 | €57,383 | -€21,519 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €78,902 | €57,383 | -€21,519 | -27.3% |
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 13 October 2026 via checked.be.