MCTECHNICS: 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.
What changed
MCTECHNICS
NACE 20.300, Manufacture of chemicals and chemical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €1.8m-€288,335
Equity
€9.5m
2024 · €9.7m-€231,766
Cash
€2.9m
2024 · €1.9m+€979,446
Balance sheet total
€11.6m
2024 · €12.3m-€710,985
Largest movements
Assets
- Receivables within one year -€1.7m
down €1.7m (-37.0%), from €4.6m to €2.9m
of which Trade receivables: -€1.6m
- Cash +€979,446
up €979,446 (+50.7%), from €1.9m to €2.9m
mainly Receivables within one year (+€1.7m) and Net result for the year (+€1.5m)
- Tangible fixed assets -€191,434
down €191,434 (-17.7%), from €1.1m to €887,775
of which Land and buildings: -€98,670
- Stocks and contracts +€185,171
up €185,171 (+5.8%), from €3.2m to €3.4m
Equity and liabilities
- Trade debts -€488,920
down €488,920 (-19.8%), from €2.5m to €2.0m
- Profit (loss) carried forward -€201,638
down €201,638 (-2.2%), from €9.1m to €8.9m
Income statement
- Turnover -€3.7m
down €3.7m (-13.5%), from €27.7m to €24.0m
- Goods and materials -€3.3m
down €3.3m (-14.8%), from €22.2m to €18.9m
of which Purchases: -€2.8m
- Write-downs -€348,754
down €348,754, from €297,838 to -€50,915
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.
Result 2024
€1.8m
Turnover
-€3.7m
Other operating income
-€3,742
Goods and materials
+€3.3m
Services and other goods
+€166,681
Staff costs
-€76,895
Depreciation
+€6,311
Write-downs
+€348,754
Other operating charges
-€184,279
Other operating items
+€1,581
Financial income
-€138,602
Financial charges
-€1,212
Taxes
+€51,557
Result 2025
€1.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.8m
Investment
-€85,471
Financing
-€1.7m
Cash 2024
€1.9m
From operations (derived)
+€2.8m
Net result for the year
+€1.5m
Depreciation
+€210,702
Receivables after one year
+€54,059
Stocks and contracts
-€185,171
Receivables within one year
+€1.7m
Smaller working-capital items
+€99
Provisions
-€6,054
Trade debts
-€488,920
Tax, wage and social debts
+€15,905
Investment (derived)
-€85,471
Investment in fixed assets (net)
-€85,471
Financing
-€1.7m
Contributions, distributions and other
-€1.7m
Cash 2025
€2.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,282,547 | €11,571,562 | -€710,985 | -5.8% |
| Fixed assets | 21/28 | €2,468,730 | €2,343,498 | -€125,231 | -5.1% |
| Intangible fixed assets | 21 | €2,783 | €68,985 | +€66,202 | +2,379% |
| Tangible fixed assets | 22/27 | €1,079,209 | €887,775 | -€191,434 | -17.7% |
| Land and buildings | 22 | €817,060 | €718,391 | -€98,670 | -12.1% |
| Plant, machinery and equipment | 23 | €219,489 | €136,030 | -€83,459 | -38.0% |
| Furniture and vehicles | 24 | €42,660 | €33,355 | -€9,305 | -21.8% |
| Financial fixed assets | 28 | €1,386,738 | €1,386,738 | = | 0.0% |
| Affiliated companies | 280/1 | €1,386,738 | €1,386,738 | = | 0.0% |
| Participating interests | 280 | €1,386,738 | €1,386,738 | = | 0.0% |
| Current assets | 29/58 | €9,813,817 | €9,228,064 | -€585,754 | -6.0% |
| Amounts receivable after more than one year | 29 | €84,385 | €30,327 | -€54,059 | -64.1% |
| Trade receivables | 290 | €84,385 | €30,327 | -€54,059 | -64.1% |
| Stocks and contracts in progress | 3 | €3,205,419 | €3,390,590 | +€185,171 | +5.8% |
| Stocks | 30/36 | €3,205,419 | €3,390,590 | +€185,171 | +5.8% |
| Goods purchased for resale | 34 | €3,205,419 | €3,390,590 | +€185,171 | +5.8% |
| Amounts receivable within one year | 40/41 | €4,579,793 | €2,883,728 | -€1.7m | -37.0% |
| Trade receivables | 40 | €4,364,690 | €2,744,047 | -€1.6m | -37.1% |
| Other amounts receivable | 41 | €215,102 | €139,681 | -€75,421 | -35.1% |
| Cash at bank and in hand | 54/58 | €1,932,474 | €2,911,920 | +€979,446 | +50.7% |
| Deferred charges and accrued income | 490/1 | €11,746 | €11,499 | -€248 | -2.1% |
| Total equity and liabilities | 10/49 | €12,282,547 | €11,571,562 | -€710,985 | -5.8% |
| Equity | 10/15 | €9,706,520 | €9,474,754 | -€231,766 | -2.4% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Capital | 10 | €225,000 | €225,000 | = | 0.0% |
| Issued capital | 100 | €225,000 | €225,000 | = | 0.0% |
| Reserves | 13 | €240,118 | €228,361 | -€11,757 | -4.9% |
| Non-distributable reserves | 130/1 | €22,500 | €22,500 | = | 0.0% |
| Legal reserve | 130 | €22,500 | €22,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €101,074 | €89,317 | -€11,757 | -11.6% |
| Distributable reserves | 133 | €116,544 | €116,544 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,118,553 | €8,916,914 | -€201,638 | -2.2% |
| Investment grants | 15 | €122,850 | €104,479 | -€18,371 | -15.0% |
| Provisions and deferred taxes | 16 | €24,216 | €18,162 | -€6,054 | -25.0% |
| Deferred taxes | 168 | €24,216 | €18,162 | -€6,054 | -25.0% |
| Amounts payable | 17/49 | €2,551,811 | €2,078,646 | -€473,165 | -18.5% |
| Amounts payable within one year | 42/48 | €2,550,368 | €2,077,353 | -€473,015 | -18.5% |
| Trade debts | 44 | €2,466,691 | €1,977,771 | -€488,920 | -19.8% |
| Suppliers | 440/4 | €2,466,691 | €1,977,771 | -€488,920 | -19.8% |
| Taxes, remuneration and social security | 45 | €83,677 | €99,582 | +€15,905 | +19.0% |
| Taxes | 450/3 | €196 | €0 | -€196 | -100% |
| Remuneration and social security | 454/9 | €83,481 | €99,582 | +€16,101 | +19.3% |
| Accrued charges and deferred income | 492/3 | €1,443 | €1,293 | -€149 | -10.4% |
| Operating income | 70/76A | €27,737,792 | €24,002,993 | -€3.7m | -13.5% |
| Turnover | 70 | €27,701,537 | €23,953,475 | -€3.7m | -13.5% |
| Other operating income | 74 | €36,255 | €32,513 | -€3,742 | -10.3% |
| Non-recurring operating income | 76A | - | €17,005 | +€17,005 | |
| Operating charges | 60/66A | €26,163,767 | €22,629,047 | -€3.5m | -13.5% |
| Goods for resale, raw materials and consumables | 60 | €22,187,805 | €18,898,232 | -€3.3m | -14.8% |
| Purchases | 600/8 | €21,953,138 | €19,105,458 | -€2.8m | -13.0% |
| Change in stocks: decrease (increase) | 609 | €234,667 | -€207,226 | -€441,893 | |
| Services and other goods | 61 | €2,486,786 | €2,320,105 | -€166,681 | -6.7% |
| Remuneration, social security and pensions | 62 | €943,825 | €1,020,720 | +€76,895 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €217,014 | €210,702 | -€6,311 | -2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €297,838 | -€50,915 | -€348,754 | |
| Other operating charges | 640/8 | €30,499 | €214,778 | +€184,279 | +604% |
| Non-recurring operating charges | 66A | - | €15,424 | +€15,424 | |
| Operating profit (loss) | 9901 | €1,574,025 | €1,373,946 | -€200,078 | -12.7% |
| Financial income | 75/76B | €626,108 | €487,506 | -€138,602 | -22.1% |
| Recurring financial income | 75 | €626,108 | €487,506 | -€138,602 | -22.1% |
| Income from financial fixed assets | 750 | €597,861 | €458,912 | -€138,949 | -23.2% |
| Other financial income | 752/9 | €28,247 | €28,594 | +€347 | +1.2% |
| Financial charges | 65/66B | €15,356 | €16,568 | +€1,212 | +7.9% |
| Recurring financial charges | 65 | €15,356 | €16,568 | +€1,212 | +7.9% |
| Debt charges | 650 | €13,421 | €14,314 | +€893 | +6.7% |
| Other financial charges | 652/9 | €1,935 | €2,254 | +€320 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €2,184,777 | €1,844,884 | -€339,893 | -15.6% |
| Transfer from deferred taxes | 780 | €6,054 | €6,054 | = | 0.0% |
| Income taxes | 67/77 | €415,891 | €364,333 | -€51,557 | -12.4% |
| Taxes | 670/3 | €420,000 | €365,000 | -€55,000 | -13.1% |
| Tax adjustments and reversals of tax provisions | 77 | €4,109 | €667 | -€3,443 | -83.8% |
| Profit (loss) for the period | 9904 | €1,774,940 | €1,486,605 | -€288,335 | -16.2% |
| Transfer from tax-exempt reserves | 789 | €11,757 | €11,757 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,786,697 | €1,498,362 | -€288,335 | -16.1% |
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 18 October 2026 via checked.be.