MRC: 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.
MRC
Largest movements
- Receivables within one year +€8,905
new in 2025: €8,905
- Tangible fixed assets -€6,581
down €6,581 (-8.2%), from €80,634 to €74,053
- Cash -€3,015
down €3,015 (-4.1%), from €73,807 to €70,792
mainly Receivables within one year (-€8,905) and Debts after one year (-€6,012)
- Profit (loss) carried forward +€7,607
up €7,607 (+67.5%), from -€11,276 to -€3,669
- Debts after one year -€6,012
down €6,012 (-7.4%), from €81,469 to €75,457
- Other debts -€3,628
down €3,628 (-30.1%), from €12,049 to €8,421
- Turnover +€26,362
up €26,362 (+146.6%), from €17,978 to €44,339
- Purchases and services +€25,400
up €25,400 (+103.0%), from €24,670 to €50,070
- Gross operating margin +€9,407
up €9,407 (+117.9%), from €7,981 to €17,388
- Financial income +€870
new in 2025: €870
- Depreciation -€717
down €717 (-9.8%), from €7,298 to €6,581
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 | €154,851 | €154,223 | -€627 | -0.4% |
| Fixed assets | 21/28 | €80,634 | €74,053 | -€6,581 | -8.2% |
| Tangible fixed assets | 22/27 | €80,634 | €74,053 | -€6,581 | -8.2% |
| Land and buildings | 22 | €80,634 | €74,053 | -€6,581 | -8.2% |
| Current assets | 29/58 | €74,217 | €80,171 | +€5,954 | +8.0% |
| Amounts receivable within one year | 40/41 | - | €8,905 | +€8,905 | |
| Trade receivables | 40 | - | €8,905 | +€8,905 | |
| Cash at bank and in hand | 54/58 | €73,807 | €70,792 | -€3,015 | -4.1% |
| Deferred charges and accrued income | 490/1 | €410 | €474 | +€64 | +15.7% |
| Total equity and liabilities | 10/49 | €154,851 | €154,223 | -€627 | -0.4% |
| Equity | 10/15 | €53,115 | €60,722 | +€7,607 | +14.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €51,991 | €51,991 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €50,131 | €50,131 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,276 | -€3,669 | +€7,607 | +67.5% |
| Amounts payable | 17/49 | €101,736 | €93,502 | -€8,234 | -8.1% |
| Amounts payable after more than one year | 17 | €81,469 | €75,457 | -€6,012 | -7.4% |
| Financial debts | 170/4 | €81,469 | €75,457 | -€6,012 | -7.4% |
| Amounts payable within one year | 42/48 | €20,267 | €16,545 | -€3,722 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €6,012 | €6,012 | = | 0.0% |
| Trade debts | 44 | €178 | €1,368 | +€1,190 | +667.7% |
| Suppliers | 440/4 | €178 | €1,368 | +€1,190 | +667.7% |
| Taxes, remuneration and social security | 45 | €2,028 | €744 | -€1,284 | -63.3% |
| Taxes | 450/3 | €828 | €744 | -€84 | -10.1% |
| Remuneration and social security | 454/9 | €1,200 | - | -€1,200 | |
| Other amounts payable | 47/48 | €12,049 | €8,421 | -€3,628 | -30.1% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Turnover | 70 | €17,978 | €44,339 | +€26,362 | +146.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,670 | €50,070 | +€25,400 | +103.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,298 | €6,581 | -€717 | -9.8% |
| Other operating charges | 640/8 | €1,818 | €1,864 | +€46 | +2.5% |
| Gross operating margin | 9900 | €7,981 | €17,388 | +€9,407 | +117.9% |
| Operating profit (loss) | 9901 | -€1,135 | €8,943 | +€10,078 | |
| Financial income | 75/76B | - | €870 | +€870 | |
| Recurring financial income | 75 | - | €870 | +€870 | |
| Financial charges | 65/66B | €2,159 | €2,186 | +€27 | +1.3% |
| Recurring financial charges | 65 | €2,159 | €2,186 | +€27 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,294 | €7,627 | +€10,921 | |
| Income taxes | 67/77 | - | €20 | +€20 | |
| Profit (loss) for the period | 9904 | -€3,294 | €7,607 | +€10,901 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,294 | €7,607 | +€10,901 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.