MAC FLYD Electronic: 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 FLYD Electronic
Largest movements
- Intangible fixed assets -€3,571
down €3,571 (-100%), from €3,571 to €0
- Receivables within one year +€2,362
up €2,362 (+36.8%), from €6,428 to €8,790
of which Trade receivables: +€3,671
- Cash -€1,057
down €1,057 (-9.3%), from €11,351 to €10,294
mainly Net result for the year (-€10,476) and Receivables within one year (-€2,362)
- Tangible fixed assets -€503
down €503 (-63.2%), from €797 to €294
of which Plant, machinery and equipment: -€503
- Stocks and contracts -€286
down €286 (-4.6%), from €6,210 to €5,925
- Profit (loss) carried forward -€10,476
down €10,476 (-25.0%), from -€41,884 to -€52,360
- Tax, wage and social debts +€6,152
up €6,152 (+97.2%), from €6,330 to €12,482
of which Taxes: +€3,891
- Trade debts +€1,492
up €1,492 (+79.0%), from €1,889 to €3,381
- Gross operating margin -€11,871
down €11,871 (-24.4%), from €48,589 to €36,718
- Depreciation -€3,571
down €3,571 (-46.7%), from €7,646 to €4,075
- Staff costs +€1,445
up €1,445 (+3.6%), from €39,783 to €41,228
- Financial income +€936
new in 2025: €936
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 | €28,540 | €25,557 | -€2,984 | -10.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €4,551 | €476 | -€4,075 | -89.5% |
| Intangible fixed assets | 21 | €3,571 | €0 | -€3,571 | -100% |
| Tangible fixed assets | 22/27 | €797 | €294 | -€503 | -63.2% |
| Plant, machinery and equipment | 23 | €797 | €294 | -€503 | -63.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €183 | €183 | = | 0.0% |
| Current assets | 29/58 | €23,989 | €25,080 | +€1,091 | +4.5% |
| Stocks and contracts in progress | 3 | €6,210 | €5,925 | -€286 | -4.6% |
| Stocks | 30/36 | €6,210 | €5,925 | -€286 | -4.6% |
| Amounts receivable within one year | 40/41 | €6,428 | €8,790 | +€2,362 | +36.8% |
| Trade receivables | 40 | €5,059 | €8,730 | +€3,671 | +72.6% |
| Other amounts receivable | 41 | €1,369 | €60 | -€1,308 | -95.6% |
| Cash at bank and in hand | 54/58 | €11,351 | €10,294 | -€1,057 | -9.3% |
| Deferred charges and accrued income | 490/1 | - | €71 | +€71 | |
| Total equity and liabilities | 10/49 | €28,540 | €25,557 | -€2,984 | -10.5% |
| Equity | 10/15 | €20,170 | €9,694 | -€10,476 | -51.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €41,594 | €41,594 | = | 0.0% |
| Distributable reserves | 133 | €41,594 | €41,594 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,884 | -€52,360 | -€10,476 | -25.0% |
| Amounts payable | 17/49 | €8,370 | €15,863 | +€7,493 | +89.5% |
| Amounts payable within one year | 42/48 | €8,370 | €15,863 | +€7,493 | +89.5% |
| Trade debts | 44 | €1,889 | €3,381 | +€1,492 | +79.0% |
| Suppliers | 440/4 | €1,889 | €3,381 | +€1,492 | +79.0% |
| Taxes, remuneration and social security | 45 | €6,330 | €12,482 | +€6,152 | +97.2% |
| Taxes | 450/3 | - | €3,891 | +€3,891 | |
| Remuneration and social security | 454/9 | €6,330 | €8,591 | +€2,260 | +35.7% |
| Other amounts payable | 47/48 | €151 | - | -€151 | |
| Remuneration, social security and pensions | 62 | €39,783 | €41,228 | +€1,445 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,646 | €4,075 | -€3,571 | -46.7% |
| Other operating charges | 640/8 | €1,126 | €1,430 | +€304 | +27.0% |
| Gross operating margin | 9900 | €48,589 | €36,718 | -€11,871 | -24.4% |
| Operating profit (loss) | 9901 | €34 | -€10,015 | -€10,049 | |
| Financial income | 75/76B | - | €936 | +€936 | |
| Recurring financial income | 75 | - | €936 | +€936 | |
| Financial charges | 65/66B | €1,750 | €1,398 | -€353 | -20.2% |
| Recurring financial charges | 65 | €1,750 | €1,398 | -€353 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,716 | -€10,476 | -€8,760 | -511% |
| Profit (loss) for the period | 9904 | -€1,716 | -€10,476 | -€8,760 | -511% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,716 | -€10,476 | -€8,760 | -511% |
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 16 October 2026 via checked.be.