MAC MOTOR: 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 MOTOR
Largest movements
- Receivables within one year +€385,180
up €385,180 (+48.2%), from €798,695 to €1.2m
of which Trade receivables: +€290,994
- Cash +€29,253
up €29,253 (+24.6%), from €119,066 to €148,319
mainly Debts after one year (+€677,469) and Net result for the year (+€126,729)
- Debts after one year +€677,469
up €677,469 (+70.1%), from €966,303 to €1.6m
- Current portion of long-term debt -€388,810
down €388,810 (-85.6%), from €454,442 to €65,632
- Profit (loss) carried forward +€126,729
up €126,729 (+28.2%), from €449,529 to €576,257
- Gross operating margin +€129,392
up €129,392 (+154.4%), from €83,793 to €213,184
- Financial charges -€51,377
down €51,377 (-47.8%), from €107,433 to €56,056
- Other operating charges -€21,177
down €21,177 (-69.4%), from €30,519 to €9,342
- Taxes +€13,619
new in 2024: €13,619
- Depreciation +€4,417
up €4,417 (+137.4%), from €3,215 to €7,632
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,289,113 | €2,701,356 | +€412,244 | +18.0% |
| Fixed assets | 21/28 | €460,660 | €466,040 | +€5,381 | +1.2% |
| Tangible fixed assets | 22/27 | €210,160 | €214,540 | +€4,381 | +2.1% |
| Land and buildings | 22 | €193,125 | €193,125 | = | 0.0% |
| Other tangible fixed assets | 26 | €17,035 | €21,415 | +€4,381 | +25.7% |
| Financial fixed assets | 28 | €250,500 | €251,500 | +€1,000 | +0.4% |
| Current assets | 29/58 | €1,828,453 | €2,235,316 | +€406,863 | +22.3% |
| Stocks and contracts in progress | 3 | €410,692 | €403,122 | -€7,570 | -1.8% |
| Stocks | 30/36 | €410,692 | €403,122 | -€7,570 | -1.8% |
| Amounts receivable within one year | 40/41 | €798,695 | €1,183,875 | +€385,180 | +48.2% |
| Trade receivables | 40 | €78,400 | €369,394 | +€290,994 | +371.2% |
| Other amounts receivable | 41 | €720,295 | €814,482 | +€94,187 | +13.1% |
| Current investments | 50/53 | €500,000 | €500,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €119,066 | €148,319 | +€29,253 | +24.6% |
| Total equity and liabilities | 10/49 | €2,289,113 | €2,701,356 | +€412,244 | +18.0% |
| Equity | 10/15 | €726,391 | €853,119 | +€126,729 | +17.4% |
| Contributions | 10/11 | €113,592 | €113,592 | = | 0.0% |
| Reserves | 13 | €163,270 | €163,270 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,359 | €11,359 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,359 | €11,359 | = | 0.0% |
| Tax-exempt reserves | 132 | €126,300 | €126,300 | = | 0.0% |
| Distributable reserves | 133 | €25,611 | €25,611 | = | 0.0% |
| Profit (loss) carried forward | 14 | €449,529 | €576,257 | +€126,729 | +28.2% |
| Amounts payable | 17/49 | €1,562,722 | €1,848,237 | +€285,515 | +18.3% |
| Amounts payable after more than one year | 17 | €966,303 | €1,643,771 | +€677,469 | +70.1% |
| Financial debts | 170/4 | €966,303 | €1,643,771 | +€677,469 | +70.1% |
| Amounts payable within one year | 42/48 | €588,362 | €196,285 | -€392,077 | -66.6% |
| Current portion of amounts payable after more than one year | 42 | €454,442 | €65,632 | -€388,810 | -85.6% |
| Trade debts | 44 | €115,117 | €90,920 | -€24,197 | -21.0% |
| Suppliers | 440/4 | €115,117 | €90,920 | -€24,197 | -21.0% |
| Taxes, remuneration and social security | 45 | €18,802 | €39,733 | +€20,930 | +111.3% |
| Taxes | 450/3 | €18,802 | €39,733 | +€20,930 | +111.3% |
| Accrued charges and deferred income | 492/3 | €8,057 | €8,180 | +€123 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,215 | €7,632 | +€4,417 | +137.4% |
| Other operating charges | 640/8 | €30,519 | €9,342 | -€21,177 | -69.4% |
| Gross operating margin | 9900 | €83,793 | €213,184 | +€129,392 | +154.4% |
| Operating profit (loss) | 9901 | €50,058 | €196,211 | +€146,153 | +292.0% |
| Financial income | 75/76B | €3,557 | €194 | -€3,363 | -94.6% |
| Recurring financial income | 75 | €3,557 | €194 | -€3,363 | -94.6% |
| Financial charges | 65/66B | €107,433 | €56,056 | -€51,377 | -47.8% |
| Recurring financial charges | 65 | €107,433 | €56,056 | -€51,377 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | -€53,818 | €140,348 | +€194,166 | |
| Income taxes | 67/77 | - | €13,619 | +€13,619 | |
| Profit (loss) for the period | 9904 | -€53,818 | €126,729 | +€180,547 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53,818 | €126,729 | +€180,547 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.