CC MAC: 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.
CC MAC
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+138.3%), from €866,605 to €2.1m
of which Other tangible fixed assets: +€1.2m
- Receivables within one year -€44,549
down €44,549 (-34.1%), from €130,567 to €86,018
of which Other amounts receivable: -€64,759
- Short-term financial debts +€432,993
up €432,993 (+12038.0%), from €3,597 to €436,589
- Other debts +€344,567
up €344,567 (+6341.6%), from €5,433 to €350,000
- Profit (loss) carried forward +€185,585
up €185,585 (+302.1%), from €61,422 to €247,007
- Trade debts +€179,081
up €179,081 (+25739.2%), from €696 to €179,777
- Current portion of long-term debt -€87,166
down €87,166 (-100.0%), from €87,166 to €0
- Gross operating margin +€229,578
up €229,578 (+105.7%), from €217,135 to €446,713
- Staff costs -€69,485
down €69,485 (-100.0%), from €69,485 to €0
- Depreciation +€66,194
up €66,194 (+84.5%), from €78,297 to €144,491
- Taxes +€54,683
up €54,683 (+181.9%), from €30,064 to €84,747
- Financial charges -€24,398
down €24,398 (-83.4%), from €29,239 to €4,841
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 | €997,852 | €2,163,239 | +€1.2m | +116.8% |
| Fixed assets | 21/28 | €866,605 | €2,064,891 | +€1.2m | +138.3% |
| Tangible fixed assets | 22/27 | €866,605 | €2,064,891 | +€1.2m | +138.3% |
| Land and buildings | 22 | €648,094 | €612,614 | -€35,480 | -5.5% |
| Plant, machinery and equipment | 23 | €32,625 | €25,375 | -€7,250 | -22.2% |
| Other tangible fixed assets | 26 | €185,886 | €1,426,901 | +€1.2m | +667.6% |
| Current assets | 29/58 | €131,246 | €98,348 | -€32,898 | -25.1% |
| Amounts receivable within one year | 40/41 | €130,567 | €86,018 | -€44,549 | -34.1% |
| Trade receivables | 40 | €65,808 | €86,018 | +€20,210 | +30.7% |
| Other amounts receivable | 41 | €64,759 | €0 | -€64,759 | -100.0% |
| Cash at bank and in hand | 54/58 | €679 | €0 | -€679 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €12,330 | +€12,330 | |
| Total equity and liabilities | 10/49 | €997,852 | €2,163,239 | +€1.2m | +116.8% |
| Equity | 10/15 | €784,409 | €1,004,800 | +€220,392 | +28.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €659,273 | €699,133 | +€39,860 | +6.0% |
| 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 | €211,552 | €189,990 | -€21,563 | -10.2% |
| Distributable reserves | 133 | €445,861 | €507,283 | +€61,422 | +13.8% |
| Profit (loss) carried forward | 14 | €61,422 | €247,007 | +€185,585 | +302.1% |
| Investment grants | 15 | €45,114 | €40,061 | -€5,053 | -11.2% |
| Provisions and deferred taxes | 16 | €85,555 | €76,683 | -€8,872 | -10.4% |
| Deferred taxes | 168 | €85,555 | €76,683 | -€8,872 | -10.4% |
| Amounts payable | 17/49 | €127,888 | €1,081,755 | +€953,868 | +745.9% |
| Amounts payable within one year | 42/48 | €127,888 | €1,074,425 | +€946,537 | +740.1% |
| Current portion of amounts payable after more than one year | 42 | €87,166 | €0 | -€87,166 | -100.0% |
| Financial debts | 43 | €3,597 | €436,589 | +€432,993 | +12038.0% |
| Credit institutions | 430/8 | €3,597 | €436,589 | +€432,993 | +12038.0% |
| Trade debts | 44 | €696 | €179,777 | +€179,081 | +25739.2% |
| Suppliers | 440/4 | €696 | €179,777 | +€179,081 | +25739.2% |
| Taxes, remuneration and social security | 45 | €30,996 | €108,059 | +€77,063 | +248.6% |
| Taxes | 450/3 | €30,996 | €108,059 | +€77,063 | +248.6% |
| Other amounts payable | 47/48 | €5,433 | €350,000 | +€344,567 | +6341.6% |
| Accrued charges and deferred income | 492/3 | - | €7,330 | +€7,330 | |
| Remuneration, social security and pensions | 62 | €69,485 | €0 | -€69,485 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,297 | €144,491 | +€66,194 | +84.5% |
| Other operating charges | 640/8 | €1,449 | €1,114 | -€335 | -23.1% |
| Non-recurring operating charges | 66A | €1 | €0 | -€1 | -100.0% |
| Gross operating margin | 9900 | €217,135 | €446,713 | +€229,578 | +105.7% |
| Operating profit (loss) | 9901 | €67,903 | €301,109 | +€233,206 | +343.4% |
| Financial income | 75/76B | €6,522 | €5,053 | -€1,469 | -22.5% |
| Recurring financial income | 75 | €6,522 | €5,053 | -€1,469 | -22.5% |
| Financial charges | 65/66B | €29,239 | €4,841 | -€24,398 | -83.4% |
| Recurring financial charges | 65 | €29,239 | €4,841 | -€24,398 | -83.4% |
| Profit (loss) for the period before taxes | 9903 | €45,186 | €301,320 | +€256,134 | +566.8% |
| Transfer from deferred taxes | 780 | €52,259 | €8,872 | -€43,387 | -83.0% |
| Income taxes | 67/77 | €30,064 | €84,747 | +€54,683 | +181.9% |
| Profit (loss) for the period | 9904 | €67,381 | €225,445 | +€158,064 | +234.6% |
| Transfer from tax-exempt reserves | 789 | - | €21,563 | +€21,563 | |
| Transfer to tax-exempt reserves | 689 | €5,958 | €0 | -€5,958 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,422 | €247,007 | +€185,585 | +302.1% |
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 1 October 2026 via checked.be.