Bandenservice Maco: 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.
Bandenservice Maco
Largest movements
- Tangible fixed assets -€80,370
down €80,370 (-11.0%), from €731,979 to €651,609
of which Land and buildings: -€75,345
- Cash +€77,147
up €77,147 (+69.7%), from €110,719 to €187,866
mainly Depreciation (+€98,036) and Net result for the year (+€64,150)
- Receivables within one year -€13,111
down €13,111 (-24.3%), from €53,926 to €40,815
of which Other amounts receivable: -€9,483
- Profit (loss) carried forward +€64,150
up €64,150 (+89.0%), from -€72,069 to -€7,920
- Debts after one year -€42,519
down €42,519 (-5.3%), from €806,506 to €763,987
- Other debts -€18,108
down €18,108 (-67.1%), from €26,980 to €8,872
- Trade debts -€16,997
down €16,997 (-12.5%), from €136,521 to €119,524
- Tax, wage and social debts +€15,356
up €15,356 (+25.7%), from €59,680 to €75,036
of which Taxes: +€17,244
- Gross operating margin +€133,467
up €133,467 (+32.4%), from €411,720 to €545,187
- Staff costs +€26,014
up €26,014 (+8.3%), from €315,311 to €341,325
- Taxes +€25,705
up €25,705 (+4,973%), from €517 to €26,222
- Financial charges +€10,173
up €10,173 (+122%), from €8,366 to €18,539
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 | €1,186,868 | €1,179,293 | -€7,575 | -0.6% |
| Fixed assets | 21/28 | €731,979 | €651,609 | -€80,370 | -11.0% |
| Tangible fixed assets | 22/27 | €731,979 | €651,609 | -€80,370 | -11.0% |
| Land and buildings | 22 | €638,816 | €563,471 | -€75,345 | -11.8% |
| Plant, machinery and equipment | 23 | €70,878 | €71,706 | +€828 | +1.2% |
| Furniture and vehicles | 24 | €22,285 | €16,432 | -€5,853 | -26.3% |
| Current assets | 29/58 | €454,889 | €527,684 | +€72,795 | +16.0% |
| Stocks and contracts in progress | 3 | €284,465 | €296,311 | +€11,846 | +4.2% |
| Stocks | 30/36 | €284,465 | €296,311 | +€11,846 | +4.2% |
| Amounts receivable within one year | 40/41 | €53,926 | €40,815 | -€13,111 | -24.3% |
| Trade receivables | 40 | €30,232 | €26,604 | -€3,628 | -12.0% |
| Other amounts receivable | 41 | €23,695 | €14,211 | -€9,483 | -40.0% |
| Cash at bank and in hand | 54/58 | €110,719 | €187,866 | +€77,147 | +69.7% |
| Deferred charges and accrued income | 490/1 | €5,779 | €2,692 | -€3,087 | -53.4% |
| Total equity and liabilities | 10/49 | €1,186,868 | €1,179,293 | -€7,575 | -0.6% |
| Equity | 10/15 | €74,867 | €139,016 | +€64,150 | +85.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €140,736 | €140,736 | = | 0.0% |
| Distributable reserves | 133 | €140,736 | €140,736 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,069 | -€7,920 | +€64,150 | +89.0% |
| Amounts payable | 17/49 | €1,112,002 | €1,040,277 | -€71,725 | -6.5% |
| Amounts payable after more than one year | 17 | €806,506 | €763,987 | -€42,519 | -5.3% |
| Financial debts | 170/4 | €806,506 | €763,987 | -€42,519 | -5.3% |
| Amounts payable within one year | 42/48 | €305,496 | €276,290 | -€29,206 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €77,202 | €67,519 | -€9,683 | -12.5% |
| Trade debts | 44 | €136,521 | €119,524 | -€16,997 | -12.5% |
| Suppliers | 440/4 | €136,521 | €119,524 | -€16,997 | -12.5% |
| Advances received on contracts in progress | 46 | €5,113 | €5,340 | +€227 | +4.4% |
| Taxes, remuneration and social security | 45 | €59,680 | €75,036 | +€15,356 | +25.7% |
| Taxes | 450/3 | €15,943 | €33,187 | +€17,244 | +108% |
| Remuneration and social security | 454/9 | €43,737 | €41,849 | -€1,888 | -4.3% |
| Other amounts payable | 47/48 | €26,980 | €8,872 | -€18,108 | -67.1% |
| Non-recurring operating income | 76A | €147 | €2,132 | +€1,984 | +1,349% |
| Remuneration, social security and pensions | 62 | €315,311 | €341,325 | +€26,014 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,373 | €98,036 | -€5,336 | -5.2% |
| Other operating charges | 640/8 | €163 | €200 | +€37 | +22.7% |
| Non-recurring operating charges | 66A | €981 | €2,734 | +€1,753 | +179% |
| Gross operating margin | 9900 | €411,720 | €545,187 | +€133,467 | +32.4% |
| Operating profit (loss) | 9901 | -€8,108 | €102,891 | +€111,000 | |
| Financial income | 75/76B | €3,899 | €6,019 | +€2,121 | +54.4% |
| Recurring financial income | 75 | €2,315 | €2,573 | +€258 | +11.2% |
| Non-recurring financial income | 76B | €1,584 | €3,446 | +€1,862 | +118% |
| Financial charges | 65/66B | €8,366 | €18,539 | +€10,173 | +122% |
| Recurring financial charges | 65 | €8,366 | €18,539 | +€10,173 | +122% |
| Profit (loss) for the period before taxes | 9903 | -€12,575 | €90,371 | +€102,947 | |
| Income taxes | 67/77 | €517 | €26,222 | +€25,705 | +4,973% |
| Profit (loss) for the period | 9904 | -€13,092 | €64,150 | +€77,242 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,092 | €64,150 | +€77,242 |
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 29 October 2026 via checked.be.