EXPERTS - MAC GPS: 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.
EXPERTS - MAC GPS
Largest movements
- Receivables within one year -€68,242
down €68,242 (-92.6%), from €73,674 to €5,432
of which Trade receivables: -€67,250
- Cash +€24,405
up €24,405 (+1,836%), from €1,329 to €25,734
mainly Receivables within one year (+€68,242) and Other debts (+€15,459)
- Receivables after one year -€8,000
down €8,000 (-18.9%), from €42,338 to €34,338
- Trade debts -€43,867
down €43,867 (-63.3%), from €69,261 to €25,394
- Reserves -€20,000
down €20,000 (-62.1%), from €32,200 to €12,200
of which Distributable reserves: -€20,000
- Other debts +€15,459
up €15,459 (+189%), from €8,176 to €23,635
- Profit (loss) carried forward -€4,505
down €4,505, from €1,475 to -€3,030
- Gross operating margin -€3,444
down €3,444 (-1,074%), from -€321 to -€3,765
- Taxes -€62
no longer reported in 2025 (was €62)
- Financial charges +€54
up €54 (+19.0%), from €286 to €340
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 | €117,342 | €65,504 | -€51,838 | -44.2% |
| Current assets | 29/58 | €117,342 | €65,504 | -€51,838 | -44.2% |
| Amounts receivable after more than one year | 29 | €42,338 | €34,338 | -€8,000 | -18.9% |
| Other amounts receivable | 291 | €42,338 | €34,338 | -€8,000 | -18.9% |
| Amounts receivable within one year | 40/41 | €73,674 | €5,432 | -€68,242 | -92.6% |
| Trade receivables | 40 | €72,500 | €5,250 | -€67,250 | -92.8% |
| Other amounts receivable | 41 | €1,174 | €182 | -€992 | -84.5% |
| Cash at bank and in hand | 54/58 | €1,329 | €25,734 | +€24,405 | +1,836% |
| Total equity and liabilities | 10/49 | €117,342 | €65,504 | -€51,838 | -44.2% |
| Equity | 10/15 | €39,875 | €15,370 | -€24,505 | -61.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,200 | €12,200 | -€20,000 | -62.1% |
| Non-distributable reserves | 130/1 | €1,500 | €1,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €30,700 | €10,700 | -€20,000 | -65.1% |
| Profit (loss) carried forward | 14 | €1,475 | -€3,030 | -€4,505 | |
| Amounts payable | 17/49 | €77,467 | €50,134 | -€27,333 | -35.3% |
| Amounts payable within one year | 42/48 | €77,467 | €50,134 | -€27,333 | -35.3% |
| Trade debts | 44 | €69,261 | €25,394 | -€43,867 | -63.3% |
| Suppliers | 440/4 | €69,261 | €25,394 | -€43,867 | -63.3% |
| Taxes, remuneration and social security | 45 | €30 | €1,105 | +€1,075 | +3,624% |
| Taxes | 450/3 | €30 | €1,105 | +€1,075 | +3,624% |
| Other amounts payable | 47/48 | €8,176 | €23,635 | +€15,459 | +189% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€321 | -€3,765 | -€3,444 | -1,074% |
| Operating profit (loss) | 9901 | -€708 | -€4,165 | -€3,457 | -488% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €286 | €340 | +€54 | +19.0% |
| Recurring financial charges | 65 | €286 | €340 | +€54 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | -€994 | -€4,505 | -€3,511 | -353% |
| Income taxes | 67/77 | €62 | - | -€62 | |
| Profit (loss) for the period | 9904 | -€1,056 | -€4,505 | -€3,449 | -327% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,056 | -€4,505 | -€3,449 | -327% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.