MAC-SAT: 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-SAT
Largest movements
- Receivables within one year +€13,413
up €13,413 (+1085.2%), from €1,236 to €14,649
of which Trade receivables: +€11,114
- Cash -€2,562
down €2,562 (-26.1%), from €9,832 to €7,270
mainly Receivables within one year (-€13,413) and Stocks and contracts (-€1,111)
- Stocks and contracts +€1,111
up €1,111 (+16.0%), from €6,942 to €8,052
- Trade debts +€9,924
up €9,924 (+222.2%), from €4,466 to €14,390
- Other debts +€2,028
up €2,028 (+16.9%), from €12,000 to €14,028
- Profit (loss) carried forward +€688
up €688 (+62.1%), from -€1,109 to -€420
- Tax, wage and social debts -€679
down €679 (-22.8%), from €2,977 to €2,297
of which Taxes: -€2,417
- Gross operating margin +€15,816
up €15,816, from -€4,940 to €10,876
- Staff costs +€15,111
up €15,111, from -€5,959 to €9,152
- Other operating charges -€907
down €907 (-66.1%), from €1,371 to €465
- Financial charges -€409
down €409 (-41.8%), from €980 to €571
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 | €18,335 | €30,296 | +€11,961 | +65.2% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €18,285 | €30,246 | +€11,961 | +65.4% |
| Stocks and contracts in progress | 3 | €6,942 | €8,052 | +€1,111 | +16.0% |
| Stocks | 30/36 | €6,942 | €8,052 | +€1,111 | +16.0% |
| Amounts receivable within one year | 40/41 | €1,236 | €14,649 | +€13,413 | +1085.2% |
| Trade receivables | 40 | €1,118 | €12,232 | +€11,114 | +994.4% |
| Other amounts receivable | 41 | €118 | €2,417 | +€2,299 | +1942.1% |
| Cash at bank and in hand | 54/58 | €9,832 | €7,270 | -€2,562 | -26.1% |
| Deferred charges and accrued income | 490/1 | €275 | €275 | = | 0.0% |
| Total equity and liabilities | 10/49 | €18,335 | €30,296 | +€11,961 | +65.2% |
| Equity | 10/15 | -€1,108 | -€419 | +€688 | +62.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,109 | -€420 | +€688 | +62.1% |
| Amounts payable | 17/49 | €19,442 | €30,715 | +€11,273 | +58.0% |
| Amounts payable within one year | 42/48 | €19,442 | €30,715 | +€11,273 | +58.0% |
| Trade debts | 44 | €4,466 | €14,390 | +€9,924 | +222.2% |
| Suppliers | 440/4 | €4,466 | €14,390 | +€9,924 | +222.2% |
| Taxes, remuneration and social security | 45 | €2,977 | €2,297 | -€679 | -22.8% |
| Taxes | 450/3 | €2,977 | €560 | -€2,417 | -81.2% |
| Remuneration and social security | 454/9 | - | €1,738 | +€1,738 | |
| Other amounts payable | 47/48 | €12,000 | €14,028 | +€2,028 | +16.9% |
| Remuneration, social security and pensions | 62 | -€5,959 | €9,152 | +€15,111 | |
| Other operating charges | 640/8 | €1,371 | €465 | -€907 | -66.1% |
| Gross operating margin | 9900 | -€4,940 | €10,876 | +€15,816 | |
| Operating profit (loss) | 9901 | -€352 | €1,259 | +€1,611 | |
| Financial income | 75/76B | €41 | - | -€41 | |
| Recurring financial income | 75 | €41 | - | -€41 | |
| Financial charges | 65/66B | €980 | €571 | -€409 | -41.8% |
| Recurring financial charges | 65 | €980 | €571 | -€409 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,291 | €688 | +€1,979 | |
| Profit (loss) for the period | 9904 | -€1,291 | €688 | +€1,979 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,291 | €688 | +€1,979 |
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 29 September 2026 via checked.be.