MPC MECHELEN: 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.
MPC MECHELEN
Largest movements
- Receivables within one year +€52,710
up €52,710 (+223%), from €23,641 to €76,352
of which Trade receivables: +€53,278
- Tangible fixed assets -€16,388
down €16,388 (-2.7%), from €618,203 to €601,815
of which Land and buildings: -€12,108
- Other debts +€82,209
up €82,209 (+134%), from €61,468 to €143,677
- Debts after one year -€57,348
down €57,348 (-13.4%), from €427,165 to €369,817
- Current portion of long-term debt +€13,528
up €13,528 (+30.3%), from €44,647 to €58,175
- Tax, wage and social debts -€7,977
down €7,977 (-89.6%), from €8,901 to €924
- Gross operating margin -€13,245
down €13,245 (-33.7%), from €39,244 to €25,999
- Financial charges -€6,488
down €6,488 (-44.3%), from €14,658 to €8,170
- Depreciation +€422
up €422 (+2.3%), from €18,158 to €18,580
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 | €647,212 | €681,914 | +€34,703 | +5.4% |
| Fixed assets | 21/28 | €618,203 | €601,815 | -€16,388 | -2.7% |
| Tangible fixed assets | 22/27 | €618,203 | €601,815 | -€16,388 | -2.7% |
| Land and buildings | 22 | €608,994 | €596,886 | -€12,108 | -2.0% |
| Plant, machinery and equipment | 23 | €7,304 | €4,069 | -€3,235 | -44.3% |
| Furniture and vehicles | 24 | €1,904 | €859 | -€1,045 | -54.9% |
| Current assets | 29/58 | €29,009 | €80,099 | +€51,090 | +176% |
| Amounts receivable within one year | 40/41 | €23,641 | €76,352 | +€52,710 | +223% |
| Trade receivables | 40 | €22,659 | €75,938 | +€53,278 | +235% |
| Other amounts receivable | 41 | €982 | €414 | -€568 | -57.8% |
| Cash at bank and in hand | 54/58 | €2,269 | €612 | -€1,657 | -73.0% |
| Deferred charges and accrued income | 490/1 | €3,098 | €3,136 | +€38 | +1.2% |
| Total equity and liabilities | 10/49 | €647,212 | €681,914 | +€34,703 | +5.4% |
| Equity | 10/15 | €69,729 | €65,639 | -€4,089 | -5.9% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €61,729 | €57,639 | -€4,089 | -6.6% |
| Distributable reserves | 133 | €61,729 | €57,639 | -€4,089 | -6.6% |
| Amounts payable | 17/49 | €577,483 | €616,275 | +€38,792 | +6.7% |
| Amounts payable after more than one year | 17 | €427,165 | €369,817 | -€57,348 | -13.4% |
| Financial debts | 170/4 | €427,165 | €369,817 | -€57,348 | -13.4% |
| Amounts payable within one year | 42/48 | €145,409 | €239,398 | +€93,988 | +64.6% |
| Current portion of amounts payable after more than one year | 42 | €44,647 | €58,175 | +€13,528 | +30.3% |
| Trade debts | 44 | €10,829 | €17,589 | +€6,760 | +62.4% |
| Suppliers | 440/4 | €10,829 | €17,589 | +€6,760 | +62.4% |
| Advances received on contracts in progress | 46 | €19,564 | €19,033 | -€531 | -2.7% |
| Taxes, remuneration and social security | 45 | €8,901 | €924 | -€7,977 | -89.6% |
| Taxes | 450/3 | €8,901 | €924 | -€7,977 | -89.6% |
| Other amounts payable | 47/48 | €61,468 | €143,677 | +€82,209 | +134% |
| Accrued charges and deferred income | 492/3 | €4,909 | €7,060 | +€2,152 | +43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,158 | €18,580 | +€422 | +2.3% |
| Other operating charges | 640/8 | €3,416 | €3,480 | +€64 | +1.9% |
| Non-recurring operating charges | 66A | €5,500 | - | -€5,500 | |
| Gross operating margin | 9900 | €39,244 | €25,999 | -€13,245 | -33.7% |
| Operating profit (loss) | 9901 | €12,169 | €3,939 | -€8,230 | -67.6% |
| Financial income | 75/76B | - | €245 | +€245 | |
| Recurring financial income | 75 | - | €245 | +€245 | |
| Financial charges | 65/66B | €14,658 | €8,170 | -€6,488 | -44.3% |
| Recurring financial charges | 65 | €14,658 | €8,170 | -€6,488 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,489 | -€3,986 | -€1,498 | -60.2% |
| Income taxes | 67/77 | - | €103 | +€103 | |
| Profit (loss) for the period | 9904 | -€2,489 | -€4,089 | -€1,601 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,489 | -€4,089 | -€1,601 | -64.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.