MAC CENSE IMMO: 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.
MAC CENSE IMMO
Largest movements
- Tangible fixed assets +€60,723
up €60,723 (+1.5%), from €4.0m to €4.0m
of which Plant, machinery and equipment: +€174,187
- Receivables within one year -€45,402
down €45,402 (-11.5%), from €395,601 to €350,199
of which Other amounts receivable: -€26,794
- Debts after one year +€116,873
up €116,873 (+4.5%), from €2.6m to €2.7m
- Profit (loss) carried forward -€111,163
down €111,163 (-11.4%), from -€976,550 to -€1.1m
- Turnover -€52,393
down €52,393 (-16.5%), from €316,668 to €264,274
- Gross operating margin -€49,362
down €49,362 (-17.0%), from €291,003 to €241,641
- Write-downs -€19,716
no longer reported in 2025 (was €19,716)
- Depreciation +€19,188
up €19,188 (+7.3%), from €262,999 to €282,188
- Purchases and services -€14,179
down €14,179 (-36.0%), from €39,403 to €25,224
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 | €4,358,553 | €4,385,330 | +€26,777 | +0.6% |
| Fixed assets | 21/28 | €3,950,177 | €4,010,900 | +€60,723 | +1.5% |
| Tangible fixed assets | 22/27 | €3,950,177 | €4,010,900 | +€60,723 | +1.5% |
| Land and buildings | 22 | €2,813,729 | €2,705,724 | -€108,004 | -3.8% |
| Plant, machinery and equipment | 23 | €1,128,155 | €1,302,342 | +€174,187 | +15.4% |
| Furniture and vehicles | 24 | €8,294 | €2,833 | -€5,460 | -65.8% |
| Current assets | 29/58 | €408,375 | €374,430 | -€33,945 | -8.3% |
| Stocks and contracts in progress | 3 | €7,830 | €7,830 | = | 0.0% |
| Stocks | 30/36 | €7,830 | €7,830 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €395,601 | €350,199 | -€45,402 | -11.5% |
| Trade receivables | 40 | €30,993 | €12,385 | -€18,608 | -60.0% |
| Other amounts receivable | 41 | €364,609 | €337,815 | -€26,794 | -7.3% |
| Cash at bank and in hand | 54/58 | €4,944 | €16,400 | +€11,457 | +231.7% |
| Total equity and liabilities | 10/49 | €4,358,553 | €4,385,330 | +€26,777 | +0.6% |
| Equity | 10/15 | -€176,550 | -€287,713 | -€111,163 | -63.0% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€976,550 | -€1,087,713 | -€111,163 | -11.4% |
| Amounts payable | 17/49 | €4,535,103 | €4,673,043 | +€137,940 | +3.0% |
| Amounts payable after more than one year | 17 | €2,580,071 | €2,696,944 | +€116,873 | +4.5% |
| Financial debts | 170/4 | €2,580,071 | €2,696,944 | +€116,873 | +4.5% |
| Amounts payable within one year | 42/48 | €1,955,031 | €1,964,614 | +€9,583 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €205,679 | €229,238 | +€23,559 | +11.5% |
| Financial debts | 43 | €100,000 | €90,000 | -€10,000 | -10.0% |
| Credit institutions | 430/8 | €100,000 | €90,000 | -€10,000 | -10.0% |
| Trade debts | 44 | €25,106 | €24,000 | -€1,106 | -4.4% |
| Suppliers | 440/4 | €25,106 | €24,000 | -€1,106 | -4.4% |
| Other amounts payable | 47/48 | €1,624,246 | €1,621,376 | -€2,870 | -0.2% |
| Accrued charges and deferred income | 492/3 | - | €11,485 | +€11,485 | |
| Turnover | 70 | €316,668 | €264,274 | -€52,393 | -16.5% |
| Non-recurring operating income | 76A | €13,738 | €2,591 | -€11,147 | -81.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €39,403 | €25,224 | -€14,179 | -36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262,999 | €282,188 | +€19,188 | +7.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,716 | - | -€19,716 | |
| Other operating charges | 640/8 | €20,364 | €20,980 | +€615 | +3.0% |
| Gross operating margin | 9900 | €291,003 | €241,641 | -€49,362 | -17.0% |
| Operating profit (loss) | 9901 | -€12,077 | -€61,526 | -€49,449 | -409.5% |
| Financial income | 75/76B | €17,083 | €20,520 | +€3,437 | +20.1% |
| Recurring financial income | 75 | €17,083 | €20,520 | +€3,437 | +20.1% |
| Financial charges | 65/66B | €67,101 | €70,157 | +€3,055 | +4.6% |
| Recurring financial charges | 65 | €67,101 | €70,157 | +€3,055 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | -€62,095 | -€111,163 | -€49,068 | -79.0% |
| Profit (loss) for the period | 9904 | -€62,095 | -€111,163 | -€49,068 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,095 | -€111,163 | -€49,068 | -79.0% |
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 6 October 2026 via checked.be.