Mpc by Cd: what changed
Two fiscal 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.
Mpc by Cd
Largest movements
- Cash +€8,984
up €8,984 (+359.2%), from €2,501 to €11,485
mainly Net result for the year (+€9,412) and Receivables within one year (+€1,748)
- Receivables within one year -€1,748
down €1,748 (-6.9%), from €25,465 to €23,716
- Deferred charges and accrued income -€644
no longer reported in 2025 (was €644)
- Profit (loss) carried forward +€9,412
up €9,412 (+95.7%), from -€9,835 to -€424
- Other debts -€2,292
down €2,292 (-10.9%), from €21,038 to €18,746
- Tax, wage and social debts -€1,948
down €1,948 (-34.4%), from €5,658 to €3,710
of which Remuneration and social security: -€2,000
- Trade debts +€1,420
up €1,420 (+37.9%), from €3,749 to €5,169
- Write-downs +€11,790
new in 2025: €11,790
- Gross operating margin +€8,677
up €8,677 (+51.4%), from €16,871 to €25,548
- Taxes +€2,004
up €2,004 (+1167.8%), from €172 to €2,176
- Financial charges -€567
down €567 (-25.0%), from €2,271 to €1,704
- Other operating charges -€370
down €370 (-44.3%), from €836 to €465
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 | €28,611 | €35,202 | +€6,591 | +23.0% |
| Fixed assets | 21/28 | €1 | - | -€1 | |
| Tangible fixed assets | 22/27 | €1 | - | -€1 | |
| Furniture and vehicles | 24 | €1 | - | -€1 | |
| Current assets | 29/58 | €28,610 | €35,202 | +€6,592 | +23.0% |
| Amounts receivable within one year | 40/41 | €25,465 | €23,716 | -€1,748 | -6.9% |
| Trade receivables | 40 | €25,465 | €23,716 | -€1,748 | -6.9% |
| Cash at bank and in hand | 54/58 | €2,501 | €11,485 | +€8,984 | +359.2% |
| Deferred charges and accrued income | 490/1 | €644 | - | -€644 | |
| Total equity and liabilities | 10/49 | €28,611 | €35,202 | +€6,591 | +23.0% |
| Equity | 10/15 | -€1,835 | €7,576 | +€9,412 | |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,835 | -€424 | +€9,412 | +95.7% |
| Amounts payable | 17/49 | €30,446 | €27,625 | -€2,821 | -9.3% |
| Amounts payable within one year | 42/48 | €30,446 | €27,625 | -€2,821 | -9.3% |
| Trade debts | 44 | €3,749 | €5,169 | +€1,420 | +37.9% |
| Suppliers | 440/4 | €3,749 | €5,169 | +€1,420 | +37.9% |
| Taxes, remuneration and social security | 45 | €5,658 | €3,710 | -€1,948 | -34.4% |
| Taxes | 450/3 | €3,658 | €3,710 | +€52 | +1.4% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €21,038 | €18,746 | -€2,292 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25 | - | -€25 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €11,790 | +€11,790 | |
| Other operating charges | 640/8 | €836 | €465 | -€370 | -44.3% |
| Non-recurring operating charges | 66A | - | €1 | +€1 | |
| Gross operating margin | 9900 | €16,871 | €25,548 | +€8,677 | +51.4% |
| Operating profit (loss) | 9901 | €16,011 | €13,292 | -€2,719 | -17.0% |
| Financial income | 75/76B | €27 | - | -€27 | |
| Recurring financial income | 75 | €27 | - | -€27 | |
| Financial charges | 65/66B | €2,271 | €1,704 | -€567 | -25.0% |
| Recurring financial charges | 65 | €2,271 | €1,704 | -€567 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €13,767 | €11,588 | -€2,179 | -15.8% |
| Income taxes | 67/77 | €172 | €2,176 | +€2,004 | +1167.8% |
| Profit (loss) for the period | 9904 | €13,595 | €9,412 | -€4,184 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,595 | €9,412 | -€4,184 | -30.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.