MPC PROPERTIES: 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 PROPERTIES
Largest movements
- Tangible fixed assets -€24,248
down €24,248 (-5.8%), from €415,826 to €391,578
of which Land and buildings: -€13,761
- Receivables within one year +€7,778
up €7,778 (+25.8%), from €30,131 to €37,909
- Debts after one year -€30,101
down €30,101 (-22.0%), from €136,649 to €106,548
- Reserves +€30,000
up €30,000 (+35.0%), from €85,752 to €115,752
of which Distributable reserves: +€30,000
- Provisions -€27,727
down €27,727 (-22.6%), from €122,678 to €94,951
- Short-term financial debts +€7,898
up €7,898 (+176%), from €4,490 to €12,388
- Gross operating margin +€15,715
up €15,715 (+19.2%), from €81,856 to €97,571
- Taxes +€5,080
up €5,080 (+52.6%), from €9,654 to €14,734
- Depreciation -€3,318
down €3,318 (-8.8%), from €37,766 to €34,448
- Other operating charges +€2,939
up €2,939 (+54.0%), from €5,443 to €8,382
- Financial charges -€1,028
down €1,028 (-11.2%), from €9,141 to €8,113
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 | €457,724 | €440,446 | -€17,278 | -3.8% |
| Fixed assets | 21/28 | €415,826 | €391,578 | -€24,248 | -5.8% |
| Tangible fixed assets | 22/27 | €415,826 | €391,578 | -€24,248 | -5.8% |
| Land and buildings | 22 | €384,364 | €370,603 | -€13,761 | -3.6% |
| Furniture and vehicles | 24 | €31,462 | €20,975 | -€10,487 | -33.3% |
| Current assets | 29/58 | €41,898 | €48,868 | +€6,970 | +16.6% |
| Amounts receivable within one year | 40/41 | €30,131 | €37,909 | +€7,778 | +25.8% |
| Trade receivables | 40 | €30,131 | €37,909 | +€7,778 | +25.8% |
| Current investments | 50/53 | €10,027 | €10,959 | +€932 | +9.3% |
| Cash at bank and in hand | 54/58 | €1,740 | - | -€1,740 | |
| Total equity and liabilities | 10/49 | €457,724 | €440,446 | -€17,278 | -3.8% |
| Equity | 10/15 | €103,881 | €136,707 | +€32,826 | +31.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €85,752 | €115,752 | +€30,000 | +35.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €64,392 | €64,392 | = | 0.0% |
| Distributable reserves | 133 | €19,500 | €49,500 | +€30,000 | +154% |
| Profit (loss) carried forward | 14 | €11,929 | €14,755 | +€2,826 | +23.7% |
| Provisions and deferred taxes | 16 | €122,678 | €94,951 | -€27,727 | -22.6% |
| Provisions for liabilities and charges | 160/5 | €122,678 | €94,951 | -€27,727 | -22.6% |
| Other liabilities and charges | 164/5 | €122,678 | €94,951 | -€27,727 | -22.6% |
| Amounts payable | 17/49 | €231,165 | €208,788 | -€22,377 | -9.7% |
| Amounts payable after more than one year | 17 | €136,649 | €106,548 | -€30,101 | -22.0% |
| Financial debts | 170/4 | €136,649 | €106,548 | -€30,101 | -22.0% |
| Amounts payable within one year | 42/48 | €94,358 | €102,195 | +€7,837 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €57,284 | €57,932 | +€648 | +1.1% |
| Financial debts | 43 | €4,490 | €12,388 | +€7,898 | +176% |
| Credit institutions | 430/8 | €4,490 | €12,388 | +€7,898 | +176% |
| Trade debts | 44 | €5,693 | €2,060 | -€3,633 | -63.8% |
| Suppliers | 440/4 | €5,693 | €2,060 | -€3,633 | -63.8% |
| Taxes, remuneration and social security | 45 | €26,891 | €29,815 | +€2,924 | +10.9% |
| Taxes | 450/3 | €26,891 | €29,815 | +€2,924 | +10.9% |
| Accrued charges and deferred income | 492/3 | €158 | €45 | -€113 | -71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,766 | €34,448 | -€3,318 | -8.8% |
| Other operating charges | 640/8 | €5,443 | €8,382 | +€2,939 | +54.0% |
| Gross operating margin | 9900 | €81,856 | €97,571 | +€15,715 | +19.2% |
| Operating profit (loss) | 9901 | €38,647 | €54,741 | +€16,094 | +41.6% |
| Financial income | 75/76B | €1,077 | €932 | -€145 | -13.5% |
| Recurring financial income | 75 | €1,077 | €932 | -€145 | -13.5% |
| Financial charges | 65/66B | €9,141 | €8,113 | -€1,028 | -11.2% |
| Recurring financial charges | 65 | €9,141 | €8,113 | -€1,028 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €30,583 | €47,560 | +€16,977 | +55.5% |
| Income taxes | 67/77 | €9,654 | €14,734 | +€5,080 | +52.6% |
| Profit (loss) for the period | 9904 | €20,929 | €32,826 | +€11,897 | +56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,929 | €32,826 | +€11,897 | +56.8% |
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 18 October 2026 via checked.be.