MAC FRITES: 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 FRITES
Largest movements
- Tangible fixed assets +€12,290
up €12,290 (+91.3%), from €13,460 to €25,750
of which Land and buildings: +€12,290
- Cash -€5,944
down €5,944 (-89.9%), from €6,610 to €665
mainly Investment in fixed assets (net) (-€12,290) and Net result for the year (-€6,004)
- Deferred charges and accrued income +€5,495
new in 2021: €5,495
- Receivables within one year +€538
up €538 (+152%), from €355 to €893
of which Other amounts receivable: +€857
- Debts within one year +€18,384
up €18,384 (+109%), from €16,849 to €35,232
of which Other debts: +€29,773
- Equity -€6,004
down €6,004 (-85.4%), from €7,035 to €1,030
of which Profit (loss) carried forward: -€6,004
- Gross operating margin -€7,205
down €7,205, from €343 to -€6,862
- Depreciation -€4,746
no longer reported in 2021 (was €4,746)
- Financial income +€4,028
new in 2021: €4,028
of which Non-recurring financial income: +€4,028
- Staff costs +€1,506
new in 2021: €1,506
- Taxes +€1,417
new in 2021: €1,417
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,883 | €36,263 | +€12,380 | +51.8% |
| Fixed assets | 21/28 | €13,460 | €25,750 | +€12,290 | +91.3% |
| Tangible fixed assets | 22/27 | €13,460 | €25,750 | +€12,290 | +91.3% |
| Land and buildings | 22 | - | €12,290 | +€12,290 | |
| Plant, machinery and equipment | 23 | - | €6,481 | +€6,481 | |
| Furniture and vehicles | 24 | - | €6,979 | +€6,979 | |
| Current assets | 29/58 | €10,423 | €10,513 | +€89 | +0.9% |
| Stocks and contracts in progress | 3 | €3,458 | €3,458 | = | 0.0% |
| Stocks | 30/36 | - | €3,458 | +€3,458 | |
| Amounts receivable within one year | 40/41 | €355 | €893 | +€538 | +152% |
| Trade receivables | 40 | - | €36 | +€36 | |
| Other amounts receivable | 41 | - | €857 | +€857 | |
| Cash at bank and in hand | 54/58 | €6,610 | €665 | -€5,944 | -89.9% |
| Deferred charges and accrued income | 490/1 | - | €5,495 | +€5,495 | |
| Total equity and liabilities | 10/49 | €23,883 | €36,263 | +€12,380 | +51.8% |
| Equity | 10/15 | €7,035 | €1,030 | -€6,004 | -85.4% |
| Contributions | 10/11 | - | €500 | +€500 | |
| Reserves | 13 | €304 | €304 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €304 | +€304 | |
| Reserves not available under the articles | 1311 | - | €304 | +€304 | |
| Profit (loss) carried forward | 14 | €6,230 | €226 | -€6,004 | -96.4% |
| Amounts payable | 17/49 | €16,849 | €35,232 | +€18,384 | +109% |
| Amounts payable within one year | 42/48 | €16,849 | €35,232 | +€18,384 | +109% |
| Trade debts | 44 | €10,175 | €5,459 | -€4,716 | -46.4% |
| Suppliers | 440/4 | - | €5,459 | +€5,459 | |
| Other amounts payable | 47/48 | - | €29,773 | +€29,773 | |
| Remuneration, social security and pensions | 62 | - | €1,506 | +€1,506 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,746 | - | -€4,746 | |
| Other operating charges | 640/8 | - | €67 | +€67 | |
| Gross operating margin | 9900 | €343 | -€6,862 | -€7,205 | |
| Operating profit (loss) | 9901 | -€4,576 | -€8,435 | -€3,860 | -84.3% |
| Financial income | 75/76B | - | €4,028 | +€4,028 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €4,028 | +€4,028 | |
| Financial charges | 65/66B | - | €179 | +€179 | |
| Recurring financial charges | 65 | €156 | €179 | +€24 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,731 | -€4,587 | +€145 | +3.1% |
| Income taxes | 67/77 | - | €1,417 | +€1,417 | |
| Profit (loss) for the period | 9904 | -€4,731 | -€6,004 | -€1,273 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,731 | -€6,004 | -€1,273 | -26.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.