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BE MACARONS: 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.

What changed

BE MACARONS

BE 0632.930.443
NACE 10.712, Artisanal bread and fresh pastry making
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€7,288
2024 · -€3,612-€3,676
Equity
€3,135
2024 · €10,423-€7,288
Cash
€15,074
2024 · €8,580+€6,495
Balance sheet total
€22,428
2024 · €62,424-€39,996

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€43,563

    down €43,563 (-88.3%), from €49,344 to €5,781

    of which Trade receivables: -€23,000

  • Cash +€6,495

    up €6,495 (+75.7%), from €8,580 to €15,074

    mainly Receivables within one year (+€43,563) and Tax, wage and social debts (+€4,331)

  • Tangible fixed assets -€3,333

    down €3,333 (-85.4%), from €3,903 to €570

    of which Other tangible fixed assets: -€2,250

Equity and liabilities
  • Other debts -€25,000

    no longer reported in 2025 (was €25,000)

  • Trade debts -€12,039

    down €12,039 (-52.7%), from €22,864 to €10,826

  • Profit (loss) carried forward -€7,288

    down €7,288, from €2,363 to -€4,925

  • Tax, wage and social debts +€4,331

    up €4,331 (+104.7%), from €4,137 to €8,467

Income statement
  • Taxes +€4,124

    up €4,124, from -€3,678 to €446

  • Financial charges -€956

    down €956 (-46.6%), from €2,054 to €1,098

  • Gross operating margin -€576

    down €576 (-83.7%), from -€688 to -€1,264

  • Depreciation -€534

    down €534 (-13.8%), from €3,867 to €3,333

  • Other operating charges +€466

    up €466 (+68.4%), from €682 to €1,148

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€3,612
Gross operating margin -€576
Depreciation +€534
Other operating charges -€466
Financial income +€0
Financial charges +€956
Taxes -€4,124
Result 2025 -€7,288

Cash bridge derived

cash 2024 to 2025

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.

From operations +€6,700
Investment -€205
Financing €0
Cash 2024 €8,580
Net result for the year -€7,288
Depreciation +€3,333
Receivables within one year +€43,563
Deferred charges and accrued income -€201
Trade debts -€12,039
Tax, wage and social debts +€4,331
Other debts -€25,000
Investment in fixed assets (net) -€205
Cash 2025 €15,074
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €62,424 €22,428 -€39,996 -64.1%
Fixed assets 21/28 €3,903 €775 -€3,128 -80.1%
Tangible fixed assets 22/27 €3,903 €570 -€3,333 -85.4%
Plant, machinery and equipment 23 €154 - -€154
Furniture and vehicles 24 €1,500 €570 -€930 -62.0%
Other tangible fixed assets 26 €2,250 - -€2,250
Financial fixed assets 28 - €205 +€205
Current assets 29/58 €58,520 €21,653 -€36,868 -63.0%
Amounts receivable within one year 40/41 €49,344 €5,781 -€43,563 -88.3%
Trade receivables 40 €25,324 €2,324 -€23,000 -90.8%
Other amounts receivable 41 €24,020 €3,457 -€20,563 -85.6%
Cash at bank and in hand 54/58 €8,580 €15,074 +€6,495 +75.7%
Deferred charges and accrued income 490/1 €597 €797 +€201 +33.6%
Total equity and liabilities 10/49 €62,424 €22,428 -€39,996 -64.1%
Equity 10/15 €10,423 €3,135 -€7,288 -69.9%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €1,860 €1,860 = 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%
Profit (loss) carried forward 14 €2,363 -€4,925 -€7,288
Amounts payable 17/49 €52,001 €19,293 -€32,708 -62.9%
Amounts payable within one year 42/48 €52,001 €19,293 -€32,708 -62.9%
Trade debts 44 €22,864 €10,826 -€12,039 -52.7%
Suppliers 440/4 €22,864 €10,826 -€12,039 -52.7%
Taxes, remuneration and social security 45 €4,137 €8,467 +€4,331 +104.7%
Taxes 450/3 €4,137 €8,467 +€4,331 +104.7%
Other amounts payable 47/48 €25,000 - -€25,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,867 €3,333 -€534 -13.8%
Other operating charges 640/8 €682 €1,148 +€466 +68.4%
Gross operating margin 9900 -€688 -€1,264 -€576 -83.7%
Operating profit (loss) 9901 -€5,237 -€5,745 -€508 -9.7%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €2,054 €1,098 -€956 -46.6%
Recurring financial charges 65 €2,054 €1,098 -€956 -46.6%
Profit (loss) for the period before taxes 9903 -€7,290 -€6,842 +€448 +6.2%
Income taxes 67/77 -€3,678 €446 +€4,124
Profit (loss) for the period 9904 -€3,612 -€7,288 -€3,676 -101.8%
Profit (loss) for the period to be appropriated 9905 -€3,612 -€7,288 -€3,676 -101.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.