MAC RIM: 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 RIM
Largest movements
- Cash -€18,699
down €18,699 (-3.7%), from €506,982 to €488,283
mainly Investment in fixed assets (net) (-€42,996) and Net result for the year (-€4,832)
- Tangible fixed assets +€14,973
up €14,973 (+3.6%), from €413,480 to €428,453
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges +€13,121
up €13,121 (+140.7%), from €9,325 to €22,446
- Gross operating margin +€7,911
up €7,911 (+21.6%), from €36,564 to €44,475
- Depreciation +€5,326
up €5,326 (+23.5%), from €22,697 to €28,023
- Taxes -€2,200
down €2,200 (-77.4%), from €2,840 to €641
- Financial income -€499
down €499 (-20.0%), from €2,494 to €1,995
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 | €924,556 | €921,577 | -€2,979 | -0.3% |
| Fixed assets | 21/28 | €413,480 | €428,453 | +€14,973 | +3.6% |
| Tangible fixed assets | 22/27 | €413,480 | €428,453 | +€14,973 | +3.6% |
| Land and buildings | 22 | €413,480 | €428,453 | +€14,973 | +3.6% |
| Current assets | 29/58 | €511,076 | €493,124 | -€17,952 | -3.5% |
| Amounts receivable within one year | 40/41 | €2,671 | €2,359 | -€311 | -11.7% |
| Trade receivables | 40 | €171 | €0 | -€171 | -100.0% |
| Other amounts receivable | 41 | €2,500 | €2,359 | -€140 | -5.6% |
| Cash at bank and in hand | 54/58 | €506,982 | €488,283 | -€18,699 | -3.7% |
| Deferred charges and accrued income | 490/1 | €1,424 | €2,482 | +€1,058 | +74.3% |
| Total equity and liabilities | 10/49 | €924,556 | €921,577 | -€2,979 | -0.3% |
| Equity | 10/15 | €759,587 | €754,755 | -€4,832 | -0.6% |
| Contributions | 10/11 | €591,000 | €591,000 | = | 0.0% |
| Reserves | 13 | €128,956 | €128,956 | = | 0.0% |
| Non-distributable reserves | 130/1 | €59,100 | €59,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €59,100 | €59,100 | = | 0.0% |
| Distributable reserves | 133 | €69,856 | €69,856 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,631 | €34,799 | -€4,832 | -12.2% |
| Amounts payable | 17/49 | €164,969 | €166,822 | +€1,853 | +1.1% |
| Amounts payable within one year | 42/48 | €164,969 | €166,612 | +€1,643 | +1.0% |
| Trade debts | 44 | €335 | €1,320 | +€985 | +293.6% |
| Suppliers | 440/4 | €335 | €1,320 | +€985 | +293.6% |
| Taxes, remuneration and social security | 45 | €2,611 | €226 | -€2,385 | -91.4% |
| Taxes | 450/3 | €2,611 | €226 | -€2,385 | -91.4% |
| Other amounts payable | 47/48 | €162,022 | €165,066 | +€3,043 | +1.9% |
| Accrued charges and deferred income | 492/3 | - | €210 | +€210 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,697 | €28,023 | +€5,326 | +23.5% |
| Other operating charges | 640/8 | €9,325 | €22,446 | +€13,121 | +140.7% |
| Gross operating margin | 9900 | €36,564 | €44,475 | +€7,911 | +21.6% |
| Operating profit (loss) | 9901 | €4,543 | -€5,994 | -€10,537 | |
| Financial income | 75/76B | €2,494 | €1,995 | -€499 | -20.0% |
| Recurring financial income | 75 | €2,494 | €1,995 | -€499 | -20.0% |
| Financial charges | 65/66B | €201 | €193 | -€8 | -4.1% |
| Recurring financial charges | 65 | €201 | €193 | -€8 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €6,836 | -€4,191 | -€11,027 | |
| Income taxes | 67/77 | €2,840 | €641 | -€2,200 | -77.4% |
| Profit (loss) for the period | 9904 | €3,995 | -€4,832 | -€8,827 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,995 | -€4,832 | -€8,827 |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.