MAC PUDDING: 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 PUDDING
Largest movements
- Cash +€23,188
up €23,188 (+10.1%), from €228,821 to €252,009
mainly Other debts (+€44,756) and Net result for the year (+€42,912)
- Other debts +€44,756
up €44,756 (+2605.1%), from €1,718 to €46,474
- Tax, wage and social debts -€18,718
down €18,718 (-39.3%), from €47,681 to €28,963
of which Remuneration and social security: -€10,556
- Trade debts +€14,660
up €14,660 (+180.9%), from €8,104 to €22,764
- Debts after one year -€11,359
down €11,359 (-24.4%), from €46,618 to €35,259
- Gross operating margin +€30,403
up €30,403 (+15.0%), from €202,735 to €233,138
- Taxes +€16,060
up €16,060 (+343.9%), from €4,670 to €20,730
- Depreciation +€9,402
up €9,402 (+71.9%), from €13,079 to €22,480
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.
Cash bridge derived
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 | €367,662 | €393,387 | +€25,725 | +7.0% |
| Fixed assets | 21/28 | €80,510 | €83,942 | +€3,431 | +4.3% |
| Tangible fixed assets | 22/27 | €80,510 | €83,942 | +€3,431 | +4.3% |
| Plant, machinery and equipment | 23 | €6,215 | €5,518 | -€697 | -11.2% |
| Furniture and vehicles | 24 | €7,863 | €25,997 | +€18,134 | +230.6% |
| Leasing and similar rights | 25 | €65,689 | €52,196 | -€13,493 | -20.5% |
| Other tangible fixed assets | 26 | €744 | €231 | -€514 | -69.0% |
| Current assets | 29/58 | €287,151 | €309,445 | +€22,294 | +7.8% |
| Amounts receivable after more than one year | 29 | €45,000 | €45,000 | = | 0.0% |
| Other amounts receivable | 291 | €45,000 | €45,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €4,677 | €5,178 | +€501 | +10.7% |
| Stocks | 30/36 | €4,677 | €5,178 | +€501 | +10.7% |
| Amounts receivable within one year | 40/41 | €6,838 | €6,040 | -€798 | -11.7% |
| Trade receivables | 40 | - | €294 | +€294 | |
| Other amounts receivable | 41 | €6,838 | €5,746 | -€1,093 | -16.0% |
| Cash at bank and in hand | 54/58 | €228,821 | €252,009 | +€23,188 | +10.1% |
| Deferred charges and accrued income | 490/1 | €1,815 | €1,218 | -€597 | -32.9% |
| Total equity and liabilities | 10/49 | €367,662 | €393,387 | +€25,725 | +7.0% |
| Equity | 10/15 | €251,358 | €247,795 | -€3,563 | -1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €245,158 | €241,595 | -€3,563 | -1.5% |
| Distributable reserves | 133 | €245,158 | €241,595 | -€3,563 | -1.5% |
| Amounts payable | 17/49 | €116,304 | €145,592 | +€29,288 | +25.2% |
| Amounts payable after more than one year | 17 | €46,618 | €35,259 | -€11,359 | -24.4% |
| Financial debts | 170/4 | €46,618 | €35,259 | -€11,359 | -24.4% |
| Amounts payable within one year | 42/48 | €68,507 | €109,561 | +€41,053 | +59.9% |
| Current portion of amounts payable after more than one year | 42 | €11,004 | €11,359 | +€354 | +3.2% |
| Trade debts | 44 | €8,104 | €22,764 | +€14,660 | +180.9% |
| Suppliers | 440/4 | €8,104 | €22,764 | +€14,660 | +180.9% |
| Taxes, remuneration and social security | 45 | €47,681 | €28,963 | -€18,718 | -39.3% |
| Taxes | 450/3 | €18,939 | €10,778 | -€8,161 | -43.1% |
| Remuneration and social security | 454/9 | €28,741 | €18,185 | -€10,556 | -36.7% |
| Other amounts payable | 47/48 | €1,718 | €46,474 | +€44,756 | +2605.1% |
| Accrued charges and deferred income | 492/3 | €1,179 | €772 | -€407 | -34.5% |
| Remuneration, social security and pensions | 62 | €143,508 | €144,839 | +€1,331 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,079 | €22,480 | +€9,402 | +71.9% |
| Other operating charges | 640/8 | €4,151 | €3,607 | -€544 | -13.1% |
| Non-recurring operating charges | 66A | €27,398 | - | -€27,398 | |
| Gross operating margin | 9900 | €202,735 | €233,138 | +€30,403 | +15.0% |
| Operating profit (loss) | 9901 | €14,600 | €62,212 | +€47,612 | +326.1% |
| Financial income | 75/76B | €3,170 | €3,398 | +€228 | +7.2% |
| Recurring financial income | 75 | €3,170 | €3,398 | +€228 | +7.2% |
| Financial charges | 65/66B | €1,785 | €1,968 | +€183 | +10.3% |
| Recurring financial charges | 65 | €1,785 | €1,968 | +€183 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €15,985 | €63,642 | +€47,657 | +298.1% |
| Income taxes | 67/77 | €4,670 | €20,730 | +€16,060 | +343.9% |
| Profit (loss) for the period | 9904 | €11,316 | €42,912 | +€31,596 | +279.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,316 | €42,912 | +€31,596 | +279.2% |
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 9 October 2026 via checked.be.