MAC Transport: 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 Transport
Largest movements
- Receivables within one year +€9,148
up €9,148 (+23.3%), from €39,322 to €48,470
of which Other amounts receivable: +€10,376
- Cash -€4,415
down €4,415 (-85.6%), from €5,158 to €743
mainly Receivables within one year (-€9,148) and Tax, wage and social debts (-€2,975)
- Tangible fixed assets -€1,081
down €1,081 (-50.0%), from €2,161 to €1,080
- Deferred charges and accrued income -€788
no longer reported in 2025 (was €788)
- Profit (loss) carried forward +€6,687
up €6,687 (+19.8%), from €33,846 to €40,533
- Tax, wage and social debts -€2,975
down €2,975 (-49.0%), from €6,074 to €3,099
of which Remuneration and social security: -€4,266
- Trade debts -€848
down €848 (-79.7%), from €1,064 to €216
- Depreciation -€5,766
down €5,766 (-84.2%), from €6,846 to €1,080
- Other operating charges -€3,199
down €3,199 (-38.2%), from €8,366 to €5,167
- Taxes +€2,979
up €2,979 (+158%), from €1,889 to €4,868
- Financial income +€2,224
up €2,224 (+37,067%), from €6 to €2,230
of which Financial income: +€2,224
- Financial charges +€1,768
up €1,768 (+643%), from €275 to €2,043
of which Financial charges: +€1,768
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 | €47,429 | €50,293 | +€2,864 | +6.0% |
| Fixed assets | 21/28 | €2,161 | €1,080 | -€1,081 | -50.0% |
| Tangible fixed assets | 22/27 | €2,161 | €1,080 | -€1,081 | -50.0% |
| Plant, machinery and equipment | 23 | €2,161 | €1,080 | -€1,081 | -50.0% |
| Current assets | 29/58 | €45,268 | €49,213 | +€3,945 | +8.7% |
| Amounts receivable within one year | 40/41 | €39,322 | €48,470 | +€9,148 | +23.3% |
| Trade receivables | 40 | €4,126 | €2,898 | -€1,228 | -29.8% |
| Other amounts receivable | 41 | €35,196 | €45,572 | +€10,376 | +29.5% |
| Cash at bank and in hand | 54/58 | €5,158 | €743 | -€4,415 | -85.6% |
| Deferred charges and accrued income | 490/1 | €788 | - | -€788 | |
| Total equity and liabilities | 10/49 | €47,429 | €50,293 | +€2,864 | +6.0% |
| Equity | 10/15 | €40,291 | €46,978 | +€6,687 | +16.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €245 | €245 | = | 0.0% |
| Non-distributable reserves | 130/1 | €245 | €245 | = | 0.0% |
| Reserves not available under the articles | 1311 | €245 | €245 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,846 | €40,533 | +€6,687 | +19.8% |
| Amounts payable | 17/49 | €7,138 | €3,315 | -€3,823 | -53.6% |
| Amounts payable within one year | 42/48 | €7,138 | €3,315 | -€3,823 | -53.6% |
| Trade debts | 44 | €1,064 | €216 | -€848 | -79.7% |
| Suppliers | 440/4 | €1,064 | €216 | -€848 | -79.7% |
| Taxes, remuneration and social security | 45 | €6,074 | €3,099 | -€2,975 | -49.0% |
| Taxes | 450/3 | €1,808 | €3,099 | +€1,291 | +71.4% |
| Remuneration and social security | 454/9 | €4,266 | - | -€4,266 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,846 | €1,080 | -€5,766 | -84.2% |
| Other operating charges | 640/8 | €8,366 | €5,167 | -€3,199 | -38.2% |
| Gross operating margin | 9900 | €17,008 | €17,615 | +€607 | +3.6% |
| Operating profit (loss) | 9901 | €1,796 | €11,368 | +€9,572 | +533% |
| Financial income | 75/76B | €6 | €2,230 | +€2,224 | +37,067% |
| Recurring financial income | 75 | €6 | €2,230 | +€2,224 | +37,067% |
| Non-recurring financial income | 76B | €6 | €2,230 | +€2,224 | +37,067% |
| Financial charges | 65/66B | €275 | €2,043 | +€1,768 | +643% |
| Recurring financial charges | 65 | €275 | €2,043 | +€1,768 | +643% |
| Non-recurring financial charges | 66B | €275 | €2,043 | +€1,768 | +643% |
| Profit (loss) for the period before taxes | 9903 | €1,527 | €11,555 | +€10,028 | +657% |
| Income taxes | 67/77 | €1,889 | €4,868 | +€2,979 | +158% |
| Profit (loss) for the period | 9904 | -€362 | €6,687 | +€7,049 | |
| Profit (loss) for the period to be appropriated | 9905 | -€362 | €6,687 | +€7,049 |
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 17 October 2026 via checked.be.