MCTT: 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.
MCTT
Largest movements
- Receivables within one year +€32,065
up €32,065 (+172.0%), from €18,644 to €50,709
- Cash +€17,420
up €17,420 (+14.3%), from €121,873 to €139,293
mainly Net result for the year (+€55,767) and Depreciation (+€6,130)
- Tangible fixed assets -€6,130
down €6,130 (-56.7%), from €10,804 to €4,674
of which Furniture and vehicles: -€5,541
- Reserves +€55,000
up €55,000 (+122.5%), from €44,900 to €99,900
of which Distributable reserves: +€55,000
- Accrued charges and deferred income -€12,595
down €12,595 (-100.0%), from €12,595 to €0
- Provisions -€6,379
down €6,379 (-22.1%), from €28,824 to €22,445
- Tax, wage and social debts +€5,341
up €5,341 (+52.7%), from €10,126 to €15,467
- Gross operating margin +€35,749
up €35,749 (+70.4%), from €50,746 to €86,495
- Taxes +€12,087
up €12,087 (+130.1%), from €9,291 to €21,378
- Depreciation -€8,190
down €8,190 (-57.2%), from €14,320 to €6,130
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.
Cash bridge derived
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 | €228,593 | €269,947 | +€41,354 | +18.1% |
| Fixed assets | 21/28 | €10,804 | €4,674 | -€6,130 | -56.7% |
| Tangible fixed assets | 22/27 | €10,804 | €4,674 | -€6,130 | -56.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €9,625 | €4,084 | -€5,541 | -57.6% |
| Other tangible fixed assets | 26 | €1,179 | €590 | -€590 | -50.0% |
| Current assets | 29/58 | €217,789 | €265,273 | +€47,484 | +21.8% |
| Amounts receivable after more than one year | 29 | €73,388 | €73,388 | = | 0.0% |
| Other amounts receivable | 291 | €73,388 | €73,388 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,644 | €50,709 | +€32,065 | +172.0% |
| Trade receivables | 40 | €18,644 | €50,709 | +€32,065 | +172.0% |
| Cash at bank and in hand | 54/58 | €121,873 | €139,293 | +€17,420 | +14.3% |
| Deferred charges and accrued income | 490/1 | €3,885 | €1,883 | -€2,001 | -51.5% |
| Total equity and liabilities | 10/49 | €228,593 | €269,947 | +€41,354 | +18.1% |
| Equity | 10/15 | €161,604 | €217,371 | +€55,767 | +34.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €44,900 | €99,900 | +€55,000 | +122.5% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €43,000 | €98,000 | +€55,000 | +127.9% |
| Profit (loss) carried forward | 14 | €97,704 | €98,471 | +€767 | +0.8% |
| Provisions and deferred taxes | 16 | €28,824 | €22,445 | -€6,379 | -22.1% |
| Provisions for liabilities and charges | 160/5 | €28,824 | €22,445 | -€6,379 | -22.1% |
| Environmental obligations | 163 | €28,824 | €22,445 | -€6,379 | -22.1% |
| Amounts payable | 17/49 | €38,166 | €30,131 | -€8,034 | -21.1% |
| Amounts payable within one year | 42/48 | €25,571 | €30,131 | +€4,560 | +17.8% |
| Trade debts | 44 | €3,113 | €2,333 | -€780 | -25.1% |
| Suppliers | 440/4 | €3,113 | €2,333 | -€780 | -25.1% |
| Taxes, remuneration and social security | 45 | €10,126 | €15,467 | +€5,341 | +52.7% |
| Taxes | 450/3 | €10,126 | €15,467 | +€5,341 | +52.7% |
| Other amounts payable | 47/48 | €12,332 | €12,332 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €12,595 | €0 | -€12,595 | -100.0% |
| Remuneration, social security and pensions | 62 | €31 | €0 | -€31 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,320 | €6,130 | -€8,190 | -57.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€5,873 | -€6,379 | -€505 | -8.6% |
| Other operating charges | 640/8 | €1,649 | €1,503 | -€146 | -8.8% |
| Gross operating margin | 9900 | €50,746 | €86,495 | +€35,749 | +70.4% |
| Operating profit (loss) | 9901 | €40,619 | €85,239 | +€44,621 | +109.9% |
| Financial income | 75/76B | €3 | €475 | +€472 | +15640.7% |
| Recurring financial income | 75 | €3 | €475 | +€472 | +15640.7% |
| Financial charges | 65/66B | €8,264 | €8,571 | +€307 | +3.7% |
| Recurring financial charges | 65 | €8,264 | €8,571 | +€307 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €32,358 | €77,144 | +€44,786 | +138.4% |
| Income taxes | 67/77 | €9,291 | €21,378 | +€12,087 | +130.1% |
| Profit (loss) for the period | 9904 | €23,067 | €55,767 | +€32,699 | +141.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,067 | €55,767 | +€32,699 | +141.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.