MCUISINES: 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.
MCUISINES
Largest movements
- Cash +€57,149
up €57,149 (+70.8%), from €80,738 to €137,887
mainly Net result for the year (+€105,171) and Depreciation (+€49,234)
- Receivables within one year -€40,941
down €40,941 (-79.2%), from €51,699 to €10,758
of which Other amounts receivable: -€21,118
- Stocks and contracts +€21,097
up €21,097 (+369%), from €5,720 to €26,817
- Tangible fixed assets -€8,113
down €8,113 (-5.0%), from €160,714 to €152,601
of which Other tangible fixed assets: -€31,870
- Deferred charges and accrued income +€5,758
up €5,758 (+19.5%), from €29,502 to €35,261
- Debts after one year +€37,711
up €37,711 (+16.1%), from €233,508 to €271,219
of which Other amounts payable: +€41,000
- Profit (loss) carried forward +€15,171
up €15,171 (+360%), from €4,213 to €19,383
- Accrued charges and deferred income -€13,752
down €13,752 (-97.9%), from €14,041 to €289
- Trade debts -€10,849
down €10,849 (-49.8%), from €21,790 to €10,941
- Current portion of long-term debt +€6,799
up €6,799 (+23.2%), from €29,277 to €36,076
- Gross operating margin +€96,315
up €96,315 (+120%), from €80,434 to €176,749
- Taxes +€20,302
up €20,302 (+174%), from €11,656 to €31,957
- Depreciation +€12,657
up €12,657 (+34.6%), from €36,577 to €49,234
- Financial income +€8,297
up €8,297 (+58.8%), from €14,101 to €22,399
- Financial charges +€3,726
up €3,726 (+72.4%), from €5,146 to €8,872
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 | €328,420 | €365,867 | +€37,447 | +11.4% |
| Fixed assets | 21/28 | €160,759 | €155,144 | -€5,616 | -3.5% |
| Intangible fixed assets | 21 | - | €2,498 | +€2,498 | |
| Tangible fixed assets | 22/27 | €160,714 | €152,601 | -€8,113 | -5.0% |
| Plant, machinery and equipment | 23 | €3,221 | €1,268 | -€1,953 | -60.6% |
| Furniture and vehicles | 24 | €18,767 | €44,476 | +€25,709 | +137% |
| Other tangible fixed assets | 26 | €138,726 | €106,856 | -€31,870 | -23.0% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €167,660 | €210,723 | +€43,063 | +25.7% |
| Stocks and contracts in progress | 3 | €5,720 | €26,817 | +€21,097 | +369% |
| Stocks | 30/36 | €5,720 | €26,817 | +€21,097 | +369% |
| Amounts receivable within one year | 40/41 | €51,699 | €10,758 | -€40,941 | -79.2% |
| Trade receivables | 40 | €26,339 | €6,515 | -€19,823 | -75.3% |
| Other amounts receivable | 41 | €25,361 | €4,243 | -€21,118 | -83.3% |
| Cash at bank and in hand | 54/58 | €80,738 | €137,887 | +€57,149 | +70.8% |
| Deferred charges and accrued income | 490/1 | €29,502 | €35,261 | +€5,758 | +19.5% |
| Total equity and liabilities | 10/49 | €328,420 | €365,867 | +€37,447 | +11.4% |
| Equity | 10/15 | €7,213 | €22,383 | +€15,171 | +210% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,213 | €19,383 | +€15,171 | +360% |
| Amounts payable | 17/49 | €321,207 | €343,483 | +€22,276 | +6.9% |
| Amounts payable after more than one year | 17 | €233,508 | €271,219 | +€37,711 | +16.1% |
| Financial debts | 170/4 | €123,008 | €119,719 | -€3,289 | -2.7% |
| Other amounts payable | 178/9 | €110,500 | €151,500 | +€41,000 | +37.1% |
| Amounts payable within one year | 42/48 | €73,657 | €71,975 | -€1,682 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €29,277 | €36,076 | +€6,799 | +23.2% |
| Trade debts | 44 | €21,790 | €10,941 | -€10,849 | -49.8% |
| Suppliers | 440/4 | €21,790 | €10,941 | -€10,849 | -49.8% |
| Taxes, remuneration and social security | 45 | €22,591 | €18,290 | -€4,301 | -19.0% |
| Taxes | 450/3 | €22,591 | €18,290 | -€4,301 | -19.0% |
| Other amounts payable | 47/48 | - | €6,668 | +€6,668 | |
| Accrued charges and deferred income | 492/3 | €14,041 | €289 | -€13,752 | -97.9% |
| Non-recurring operating income | 76A | - | €1,653 | +€1,653 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,577 | €49,234 | +€12,657 | +34.6% |
| Other operating charges | 640/8 | €621 | €3,914 | +€3,293 | +530% |
| Gross operating margin | 9900 | €80,434 | €176,749 | +€96,315 | +120% |
| Operating profit (loss) | 9901 | €43,237 | €123,601 | +€80,365 | +186% |
| Financial income | 75/76B | €14,101 | €22,399 | +€8,297 | +58.8% |
| Recurring financial income | 75 | €14,101 | €22,399 | +€8,297 | +58.8% |
| Financial charges | 65/66B | €5,146 | €8,872 | +€3,726 | +72.4% |
| Recurring financial charges | 65 | €5,146 | €8,872 | +€3,726 | +72.4% |
| Profit (loss) for the period before taxes | 9903 | €52,192 | €137,128 | +€84,936 | +163% |
| Income taxes | 67/77 | €11,656 | €31,957 | +€20,302 | +174% |
| Profit (loss) for the period | 9904 | €40,536 | €105,171 | +€64,635 | +159% |
| Profit (loss) for the period to be appropriated | 9905 | €40,536 | €105,171 | +€64,635 | +159% |
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.