MAC-COUNT-Y: 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.
MAC-COUNT-Y
Largest movements
- Tangible fixed assets +€404,173
up €404,173 (+127%), from €317,462 to €721,635
of which Land and buildings: +€398,539
- Current investments -€239,000
no longer reported in 2026 (was €239,000)
- Debts after one year +€77,523
up €77,523 (+31.2%), from €248,613 to €326,136
of which Other amounts payable: +€99,300
- Accrued charges and deferred income +€55,600
new in 2026: €55,600
- Other debts +€37,590
up €37,590 (+47.3%), from €79,460 to €117,050
- Financial income -€156,988
down €156,988 (-98.4%), from €159,526 to €2,538
of which Non-recurring financial income: -€159,469
- Depreciation +€5,512
up €5,512 (+19.9%), from €27,647 to €33,159
- Financial charges -€945
down €945 (-11.3%), from €8,346 to €7,400
- Other operating charges +€887
up €887 (+28.7%), from €3,091 to €3,978
- Gross operating margin -€407
down €407 (-1.1%), from €38,678 to €38,270
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €567,914 | €736,033 | +€168,119 | +29.6% |
| Fixed assets | 21/28 | €317,462 | €721,635 | +€404,173 | +127% |
| Tangible fixed assets | 22/27 | €317,462 | €721,635 | +€404,173 | +127% |
| Land and buildings | 22 | €212,956 | €611,494 | +€398,539 | +187% |
| Plant, machinery and equipment | 23 | €103,702 | €109,780 | +€6,078 | +5.9% |
| Furniture and vehicles | 24 | €805 | €360 | -€444 | -55.2% |
| Current assets | 29/58 | €250,452 | €14,399 | -€236,054 | -94.3% |
| Amounts receivable within one year | 40/41 | €4,524 | €3,219 | -€1,306 | -28.9% |
| Trade receivables | 40 | €4,524 | €2,484 | -€2,041 | -45.1% |
| Other amounts receivable | 41 | - | €735 | +€735 | |
| Current investments | 50/53 | €239,000 | - | -€239,000 | |
| Cash at bank and in hand | 54/58 | €4,761 | €10,079 | +€5,318 | +112% |
| Deferred charges and accrued income | 490/1 | €2,167 | €1,101 | -€1,066 | -49.2% |
| Total equity and liabilities | 10/49 | €567,914 | €736,033 | +€168,119 | +29.6% |
| Equity | 10/15 | €175,037 | €171,824 | -€3,213 | -1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,437 | €153,224 | -€3,213 | -2.1% |
| Tax-exempt reserves | 132 | €119,602 | €118,051 | -€1,551 | -1.3% |
| Distributable reserves | 133 | €36,835 | €35,173 | -€1,662 | -4.5% |
| Provisions and deferred taxes | 16 | €39,867 | €39,350 | -€517 | -1.3% |
| Deferred taxes | 168 | €39,867 | €39,350 | -€517 | -1.3% |
| Amounts payable | 17/49 | €353,010 | €524,859 | +€171,849 | +48.7% |
| Amounts payable after more than one year | 17 | €248,613 | €326,136 | +€77,523 | +31.2% |
| Financial debts | 170/4 | €247,913 | €226,136 | -€21,777 | -8.8% |
| Other amounts payable | 178/9 | €700 | €100,000 | +€99,300 | +14,186% |
| Amounts payable within one year | 42/48 | €104,397 | €143,123 | +€38,726 | +37.1% |
| Current portion of amounts payable after more than one year | 42 | €21,308 | €21,777 | +€469 | +2.2% |
| Trade debts | 44 | €1,046 | €2,634 | +€1,589 | +152% |
| Suppliers | 440/4 | €1,046 | €2,634 | +€1,589 | +152% |
| Advances received on contracts in progress | 46 | €1,070 | - | -€1,070 | |
| Taxes, remuneration and social security | 45 | €1,513 | €1,662 | +€149 | +9.8% |
| Taxes | 450/3 | €1,513 | €1,662 | +€149 | +9.8% |
| Other amounts payable | 47/48 | €79,460 | €117,050 | +€37,590 | +47.3% |
| Accrued charges and deferred income | 492/3 | - | €55,600 | +€55,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,647 | €33,159 | +€5,512 | +19.9% |
| Other operating charges | 640/8 | €3,091 | €3,978 | +€887 | +28.7% |
| Gross operating margin | 9900 | €38,678 | €38,270 | -€407 | -1.1% |
| Operating profit (loss) | 9901 | €7,939 | €1,133 | -€6,806 | -85.7% |
| Financial income | 75/76B | €159,526 | €2,538 | -€156,988 | -98.4% |
| Recurring financial income | 75 | €57 | €2,538 | +€2,481 | +4,381% |
| Non-recurring financial income | 76B | €159,469 | - | -€159,469 | |
| Financial charges | 65/66B | €8,346 | €7,400 | -€945 | -11.3% |
| Recurring financial charges | 65 | €8,346 | €7,400 | -€945 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €159,119 | -€3,730 | -€162,849 | |
| Transfer from deferred taxes | 780 | - | €517 | +€517 | |
| Transfer to deferred taxes | 680 | €39,867 | - | -€39,867 | |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | €119,252 | -€3,213 | -€122,465 | |
| Transfer from tax-exempt reserves | 789 | - | €1,551 | +€1,551 | |
| Transfer to tax-exempt reserves | 689 | €119,602 | - | -€119,602 | |
| Profit (loss) for the period to be appropriated | 9905 | -€350 | -€1,662 | -€1,312 | -375% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.