MTC Capital: 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.
MTC Capital
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€25,371
down €25,371 (-421.5%), from -€6,019 to -€31,390
- Other debts +€25,363
up €25,363 (+17.5%), from €145,000 to €170,363
- Financial charges +€19,102
up €19,102 (+957.5%), from €1,995 to €21,097
- Other operating charges +€1,607
up €1,607 (+332.0%), from €484 to €2,091
- Depreciation -€1,249
no longer reported in 2025 (was €1,249)
- Gross operating margin +€108
up €108 (+4.7%), from -€2,291 to -€2,183
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €417,940 | €416,080 | -€1,860 | -0.4% |
| Current assets | 29/58 | €417,940 | €416,080 | -€1,860 | -0.4% |
| Stocks and contracts in progress | 3 | €415,163 | €415,290 | +€127 | 0.0% |
| Stocks | 30/36 | €415,163 | €415,290 | +€127 | 0.0% |
| Amounts receivable within one year | 40/41 | €2,550 | €790 | -€1,760 | -69.0% |
| Trade receivables | 40 | €2,390 | - | -€2,390 | |
| Other amounts receivable | 41 | €160 | €790 | +€630 | +393.8% |
| Deferred charges and accrued income | 490/1 | €227 | - | -€227 | |
| Total equity and liabilities | 10/49 | €417,940 | €416,080 | -€1,860 | -0.4% |
| Equity | 10/15 | €5,981 | -€19,390 | -€25,371 | |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,019 | -€31,390 | -€25,371 | -421.5% |
| Amounts payable | 17/49 | €411,959 | €435,470 | +€23,511 | +5.7% |
| Amounts payable within one year | 42/48 | €411,959 | €435,470 | +€23,511 | +5.7% |
| Financial debts | 43 | €210,330 | €210,427 | +€97 | 0.0% |
| Credit institutions | 430/8 | €210,000 | €210,000 | = | 0.0% |
| Other loans | 439 | €330 | €427 | +€97 | +29.4% |
| Trade debts | 44 | €56,629 | €54,680 | -€1,949 | -3.4% |
| Suppliers | 440/4 | €56,629 | €54,680 | -€1,949 | -3.4% |
| Other amounts payable | 47/48 | €145,000 | €170,363 | +€25,363 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,249 | - | -€1,249 | |
| Other operating charges | 640/8 | €484 | €2,091 | +€1,607 | +332.0% |
| Gross operating margin | 9900 | -€2,291 | -€2,183 | +€108 | +4.7% |
| Operating profit (loss) | 9901 | -€4,024 | -€4,274 | -€250 | -6.2% |
| Financial charges | 65/66B | €1,995 | €21,097 | +€19,102 | +957.5% |
| Recurring financial charges | 65 | €1,995 | €21,097 | +€19,102 | +957.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,019 | -€25,371 | -€19,352 | -321.5% |
| Profit (loss) for the period | 9904 | -€6,019 | -€25,371 | -€19,352 | -321.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,019 | -€25,371 | -€19,352 | -321.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.