MAC TELECOM HOLDINGS: 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 TELECOM HOLDINGS
Largest movements
- Cash +€449
up €449 (+82.3%), from €545 to €994
mainly Other debts (+€4,748)
- Other debts +€4,748
up €4,748 (+328%), from €1,447 to €6,195
- Profit (loss) carried forward -€3,970
down €3,970 (-0.1%), from -€2.8m to -€2.8m
- Trade debts -€330
down €330 (-78.2%), from €422 to €92
- Gross operating margin -€1,677
down €1,677 (-202%), from -€832 to -€2,508
- Other operating charges +€864
up €864 (+686%), from €126 to €990
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,545 | €15,994 | +€449 | +2.9% |
| Fixed assets | 21/28 | €15,000 | €15,000 | = | 0.0% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €545 | €994 | +€449 | +82.3% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €545 | €994 | +€449 | +82.3% |
| Total equity and liabilities | 10/49 | €15,545 | €15,994 | +€449 | +2.9% |
| Equity | 10/15 | €13,677 | €9,707 | -€3,970 | -29.0% |
| Contributions | 10/11 | €2,533,000 | €2,533,000 | = | 0.0% |
| Capital | 10 | €2,533,000 | €2,533,000 | = | 0.0% |
| Issued capital | 100 | €2,533,000 | €2,533,000 | = | 0.0% |
| Reserves | 13 | €242,804 | €242,804 | = | 0.0% |
| Non-distributable reserves | 130/1 | €151,094 | €151,094 | = | 0.0% |
| Legal reserve | 130 | €151,094 | €151,094 | = | 0.0% |
| Distributable reserves | 133 | €91,710 | €91,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,762,127 | -€2,766,097 | -€3,970 | -0.1% |
| Amounts payable | 17/49 | €1,868 | €6,287 | +€4,418 | +236% |
| Amounts payable within one year | 42/48 | €1,868 | €6,287 | +€4,418 | +236% |
| Trade debts | 44 | €422 | €92 | -€330 | -78.2% |
| Suppliers | 440/4 | €422 | €92 | -€330 | -78.2% |
| Other amounts payable | 47/48 | €1,447 | €6,195 | +€4,748 | +328% |
| Other operating charges | 640/8 | €126 | €990 | +€864 | +686% |
| Gross operating margin | 9900 | -€832 | -€2,508 | -€1,677 | -202% |
| Operating profit (loss) | 9901 | -€958 | -€3,498 | -€2,541 | -265% |
| Financial charges | 65/66B | €464 | €472 | +€8 | +1.7% |
| Recurring financial charges | 65 | €464 | €472 | +€8 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,421 | -€3,970 | -€2,549 | -179% |
| Profit (loss) for the period | 9904 | -€1,421 | -€3,970 | -€2,549 | -179% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,421 | -€3,970 | -€2,549 | -179% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.