DE MACHINEVRIEND: 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.
DE MACHINEVRIEND
Largest movements
- Cash -€48,929
down €48,929 (-22.8%), from €214,751 to €165,822
mainly Contributions, distributions and other (-€127,702) and Investment in fixed assets (net) (-€114,004)
- Receivables within one year +€32,651
up €32,651 (+30.1%), from €108,366 to €141,017
of which Other amounts receivable: +€48,628
- Stocks and contracts -€24,044
down €24,044 (-3.4%), from €707,917 to €683,873
- Tangible fixed assets +€17,276
up €17,276 (+4.0%), from €432,946 to €450,222
of which Leasing and similar rights: +€28,776
- Trade debts +€53,386
up €53,386 (+40.4%), from €132,005 to €185,392
- Tax, wage and social debts -€33,307
down €33,307 (-24.8%), from €134,469 to €101,162
of which Taxes: -€18,301
- Reserves -€32,979
down €32,979 (-4.4%), from €755,714 to €722,736
- Current portion of long-term debt -€24,303
down €24,303 (-18.8%), from €129,055 to €104,752
- Gross operating margin -€120,867
down €120,867 (-12.5%), from €966,516 to €845,649
- Taxes -€33,340
down €33,340 (-46.6%), from €71,616 to €38,277
- Staff costs -€27,131
down €27,131 (-4.3%), from €626,379 to €599,248
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 | €1,467,260 | €1,449,368 | -€17,892 | -1.2% |
| Fixed assets | 21/28 | €432,946 | €450,222 | +€17,276 | +4.0% |
| Tangible fixed assets | 22/27 | €432,946 | €450,222 | +€17,276 | +4.0% |
| Land and buildings | 22 | €267,288 | €231,227 | -€36,061 | -13.5% |
| Plant, machinery and equipment | 23 | €161,562 | €188,112 | +€26,550 | +16.4% |
| Furniture and vehicles | 24 | €4,095 | €2,106 | -€1,989 | -48.6% |
| Leasing and similar rights | 25 | - | €28,776 | +€28,776 | |
| Current assets | 29/58 | €1,034,314 | €999,146 | -€35,168 | -3.4% |
| Stocks and contracts in progress | 3 | €707,917 | €683,873 | -€24,044 | -3.4% |
| Stocks | 30/36 | €707,917 | €683,873 | -€24,044 | -3.4% |
| Amounts receivable within one year | 40/41 | €108,366 | €141,017 | +€32,651 | +30.1% |
| Trade receivables | 40 | €106,014 | €90,038 | -€15,977 | -15.1% |
| Other amounts receivable | 41 | €2,352 | €50,979 | +€48,628 | +2067.7% |
| Cash at bank and in hand | 54/58 | €214,751 | €165,822 | -€48,929 | -22.8% |
| Deferred charges and accrued income | 490/1 | €3,280 | €8,434 | +€5,154 | +157.1% |
| Total equity and liabilities | 10/49 | €1,467,260 | €1,449,368 | -€17,892 | -1.2% |
| Equity | 10/15 | €1,042,914 | €1,009,936 | -€32,979 | -3.2% |
| Contributions | 10/11 | €287,200 | €287,200 | = | 0.0% |
| Reserves | 13 | €755,714 | €722,736 | -€32,979 | -4.4% |
| Distributable reserves | 133 | €755,714 | €722,736 | -€32,979 | -4.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €424,345 | €439,432 | +€15,087 | +3.6% |
| Amounts payable after more than one year | 17 | €21,264 | €34,055 | +€12,791 | +60.2% |
| Financial debts | 170/4 | €21,264 | €34,055 | +€12,791 | +60.2% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €403,081 | €398,340 | -€4,740 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €129,055 | €104,752 | -€24,303 | -18.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €132,005 | €185,392 | +€53,386 | +40.4% |
| Suppliers | 440/4 | €132,005 | €185,392 | +€53,386 | +40.4% |
| Advances received on contracts in progress | 46 | €7,552 | €1,717 | -€5,834 | -77.3% |
| Taxes, remuneration and social security | 45 | €134,469 | €101,162 | -€33,307 | -24.8% |
| Taxes | 450/3 | €35,527 | €17,226 | -€18,301 | -51.5% |
| Remuneration and social security | 454/9 | €98,942 | €83,936 | -€15,006 | -15.2% |
| Other amounts payable | 47/48 | €0 | €5,317 | +€5,317 | |
| Accrued charges and deferred income | 492/3 | €0 | €7,037 | +€7,037 | |
| Remuneration, social security and pensions | 62 | €626,379 | €599,248 | -€27,131 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,221 | €96,728 | +€3,507 | +3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,621 | +€1,621 | |
| Other operating charges | 640/8 | €10,715 | €11,545 | +€830 | +7.7% |
| Non-recurring operating charges | 66A | €1,026 | €0 | -€1,026 | -100.0% |
| Gross operating margin | 9900 | €966,516 | €845,649 | -€120,867 | -12.5% |
| Operating profit (loss) | 9901 | €235,175 | €136,507 | -€98,668 | -42.0% |
| Financial income | 75/76B | €15,922 | €16,552 | +€630 | +4.0% |
| Recurring financial income | 75 | €15,922 | €16,552 | +€630 | +4.0% |
| Financial charges | 65/66B | €21,009 | €20,059 | -€950 | -4.5% |
| Recurring financial charges | 65 | €21,009 | €20,059 | -€950 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €230,088 | €133,001 | -€97,087 | -42.2% |
| Income taxes | 67/77 | €71,616 | €38,277 | -€33,340 | -46.6% |
| Profit (loss) for the period | 9904 | €158,472 | €94,724 | -€63,748 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €158,472 | €94,724 | -€63,748 | -40.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.