M.A.C. - BLEEKER: 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.
M.A.C. - BLEEKER
Largest movements
- Cash +€18,575
up €18,575 (+16.8%), from €110,555 to €129,130
mainly Net result for the year (+€15,314) and Accrued charges and deferred income (+€3,540)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€16,691
down €16,691 (-22.9%), from €72,823 to €56,132
- Other operating charges -€3,794
down €3,794 (-61.8%), from €6,135 to €2,341
- Gross operating margin +€2,537
up €2,537 (+7.3%), from -€34,620 to -€32,083
- Taxes +€1,937
up €1,937 (+453%), from €427 to €2,365
- Financial charges -€367
down €367 (-8.4%), from €4,397 to €4,030
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 | €1,570,761 | €1,590,797 | +€20,037 | +1.3% |
| Current assets | 29/58 | €1,570,761 | €1,590,797 | +€20,037 | +1.3% |
| Amounts receivable within one year | 40/41 | €1,403,262 | €1,403,883 | +€621 | 0.0% |
| Trade receivables | 40 | €1,651 | €3,883 | +€2,231 | +135% |
| Other amounts receivable | 41 | €1,401,611 | €1,400,000 | -€1,611 | -0.1% |
| Cash at bank and in hand | 54/58 | €110,555 | €129,130 | +€18,575 | +16.8% |
| Deferred charges and accrued income | 490/1 | €56,943 | €57,785 | +€841 | +1.5% |
| Total equity and liabilities | 10/49 | €1,570,761 | €1,590,797 | +€20,037 | +1.3% |
| Equity | 10/15 | €1,232,668 | €1,247,982 | +€15,314 | +1.2% |
| Contributions | 10/11 | €220,500 | €220,500 | = | 0.0% |
| Reserves | 13 | €1,339,949 | €1,339,949 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €1,337,949 | €1,337,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€327,781 | -€312,468 | +€15,314 | +4.7% |
| Amounts payable | 17/49 | €338,093 | €342,816 | +€4,723 | +1.4% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €281,233 | €282,416 | +€1,183 | +0.4% |
| Trade debts | 44 | €1,738 | €780 | -€957 | -55.1% |
| Suppliers | 440/4 | €1,738 | €780 | -€957 | -55.1% |
| Taxes, remuneration and social security | 45 | €2,507 | €1,994 | -€513 | -20.5% |
| Taxes | 450/3 | €2,507 | €1,994 | -€513 | -20.5% |
| Other amounts payable | 47/48 | €276,988 | €279,641 | +€2,653 | +1.0% |
| Accrued charges and deferred income | 492/3 | €6,860 | €10,400 | +€3,540 | +51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €6,135 | €2,341 | -€3,794 | -61.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€34,620 | -€32,083 | +€2,537 | +7.3% |
| Operating profit (loss) | 9901 | -€40,754 | -€34,424 | +€6,331 | +15.5% |
| Financial income | 75/76B | €72,823 | €56,132 | -€16,691 | -22.9% |
| Recurring financial income | 75 | €72,823 | €56,132 | -€16,691 | -22.9% |
| Financial charges | 65/66B | €4,397 | €4,030 | -€367 | -8.4% |
| Recurring financial charges | 65 | €4,397 | €4,030 | -€367 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €27,671 | €17,678 | -€9,993 | -36.1% |
| Income taxes | 67/77 | €427 | €2,365 | +€1,937 | +453% |
| Profit (loss) for the period | 9904 | €27,244 | €15,314 | -€11,930 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,244 | €15,314 | -€11,930 | -43.8% |
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 23 October 2026 via checked.be.