MAC CONSTRUCTS: 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 CONSTRUCTS
Largest movements
- Receivables within one year -€78,553
down €78,553 (-99.1%), from €79,246 to €693
of which Trade receivables: -€65,502
- Stocks and contracts -€28,050
no longer reported in 2025 (was €28,050)
- Tangible fixed assets -€14,015
no longer reported in 2025 (was €14,015)
of which Furniture and vehicles: -€11,865
- Cash -€7,175
down €7,175 (-49.8%), from €14,412 to €7,238
mainly Net result for the year (-€113,148) and Other debts (-€28,832)
- Deferred charges and accrued income +€4,544
up €4,544, from €0 to €4,544
- Profit (loss) carried forward -€113,148
down €113,148, from €78,786 to -€34,362
- Other debts -€28,832
no longer reported in 2025 (was €28,832)
- Tax, wage and social debts +€18,199
up €18,199 (+78.8%), from €23,106 to €41,305
of which Taxes: +€18,199
- Turnover -€556,381
no longer reported in 2025 (was €556,381)
- Purchases and services -€546,337
no longer reported in 2025 (was €546,337)
- Gross operating margin -€78,868
down €78,868, from €22,457 to -€56,410
- Financial charges +€27,614
up €27,614 (+11246.3%), from €246 to €27,860
- Other operating charges +€13,357
up €13,357 (+2222.3%), from €601 to €13,958
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 | €135,723 | €13,233 | -€122,490 | -90.3% |
| Fixed assets | 21/28 | €14,015 | €759 | -€13,256 | -94.6% |
| Tangible fixed assets | 22/27 | €14,015 | - | -€14,015 | |
| Plant, machinery and equipment | 23 | €2,150 | - | -€2,150 | |
| Furniture and vehicles | 24 | €11,865 | - | -€11,865 | |
| Financial fixed assets | 28 | - | €759 | +€759 | |
| Current assets | 29/58 | €121,708 | €12,474 | -€109,234 | -89.8% |
| Stocks and contracts in progress | 3 | €28,050 | - | -€28,050 | |
| Stocks | 30/36 | €28,050 | - | -€28,050 | |
| Amounts receivable within one year | 40/41 | €79,246 | €693 | -€78,553 | -99.1% |
| Trade receivables | 40 | €65,502 | - | -€65,502 | |
| Other amounts receivable | 41 | €13,744 | €693 | -€13,051 | -95.0% |
| Cash at bank and in hand | 54/58 | €14,412 | €7,238 | -€7,175 | -49.8% |
| Deferred charges and accrued income | 490/1 | €0 | €4,544 | +€4,544 | |
| Total equity and liabilities | 10/49 | €135,723 | €13,233 | -€122,490 | -90.3% |
| Equity | 10/15 | €83,786 | -€29,362 | -€113,148 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,786 | -€34,362 | -€113,148 | |
| Amounts payable | 17/49 | €51,937 | €42,595 | -€9,342 | -18.0% |
| Amounts payable within one year | 42/48 | €51,937 | €41,305 | -€10,632 | -20.5% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €23,106 | €41,305 | +€18,199 | +78.8% |
| Taxes | 450/3 | €23,106 | €41,305 | +€18,199 | +78.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €28,832 | - | -€28,832 | |
| Accrued charges and deferred income | 492/3 | - | €1,290 | +€1,290 | |
| Turnover | 70 | €556,381 | - | -€556,381 | |
| Goods, raw materials, services and sundry goods | 60/61 | €546,337 | - | -€546,337 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,102 | - | -€7,102 | |
| Other operating charges | 640/8 | €601 | €13,958 | +€13,357 | +2222.3% |
| Non-recurring operating charges | 66A | - | €14,015 | +€14,015 | |
| Gross operating margin | 9900 | €22,457 | -€56,410 | -€78,868 | |
| Operating profit (loss) | 9901 | €14,754 | -€84,383 | -€99,137 | |
| Financial income | 75/76B | €127 | €0 | -€127 | -99.8% |
| Recurring financial income | 75 | €127 | €0 | -€127 | -99.8% |
| Financial charges | 65/66B | €246 | €27,860 | +€27,614 | +11246.3% |
| Recurring financial charges | 65 | €246 | €27,860 | +€27,614 | +11246.3% |
| Profit (loss) for the period before taxes | 9903 | €14,636 | -€112,242 | -€126,878 | |
| Income taxes | 67/77 | €4,238 | €906 | -€3,332 | -78.6% |
| Profit (loss) for the period | 9904 | €10,398 | -€113,148 | -€123,546 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,398 | -€113,148 | -€123,546 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.