MACA CAR: 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.
MACA CAR
Largest movements
- Cash +€43,514
up €43,514 (+24.3%), from €179,248 to €222,762
mainly Net result for the year (+€40,533) and Other debts (+€18,000)
- Tangible fixed assets +€22,925
up €22,925 (+130.5%), from €17,560 to €40,485
of which Furniture and vehicles: +€24,524
- Stocks and contracts -€9,124
down €9,124 (-22.4%), from €40,761 to €31,637
- Reserves +€40,533
up €40,533 (+26.6%), from €152,604 to €193,137
of which Distributable reserves: +€42,533
- Other debts +€18,000
new in 2025: €18,000
- Trade debts +€6,505
up €6,505 (+18.6%), from €34,985 to €41,490
- Tax, wage and social debts -€5,551
down €5,551 (-4.7%), from €117,496 to €111,945
of which Taxes: -€3,034
- Gross operating margin +€25,027
up €25,027 (+15.6%), from €160,186 to €185,213
- Staff costs +€18,049
up €18,049 (+17.9%), from €100,911 to €118,960
- Other operating charges -€14,997
down €14,997 (-77.1%), from €19,458 to €4,461
- Financial charges -€2,981
down €2,981 (-53.0%), from €5,625 to €2,644
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.
Cash bridge derived
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 | €327,185 | €384,572 | +€57,387 | +17.5% |
| Fixed assets | 21/28 | €23,560 | €46,485 | +€22,925 | +97.3% |
| Tangible fixed assets | 22/27 | €17,560 | €40,485 | +€22,925 | +130.5% |
| Plant, machinery and equipment | 23 | €10,719 | €9,120 | -€1,599 | -14.9% |
| Furniture and vehicles | 24 | €6,841 | €31,365 | +€24,524 | +358.5% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €303,625 | €338,087 | +€34,462 | +11.4% |
| Stocks and contracts in progress | 3 | €40,761 | €31,637 | -€9,124 | -22.4% |
| Stocks | 30/36 | €40,761 | €31,637 | -€9,124 | -22.4% |
| Amounts receivable within one year | 40/41 | €80,736 | €80,612 | -€124 | -0.2% |
| Trade receivables | 40 | €2,754 | - | -€2,754 | |
| Other amounts receivable | 41 | €77,982 | €80,612 | +€2,630 | +3.4% |
| Cash at bank and in hand | 54/58 | €179,248 | €222,762 | +€43,514 | +24.3% |
| Deferred charges and accrued income | 490/1 | €2,880 | €3,076 | +€196 | +6.8% |
| Total equity and liabilities | 10/49 | €327,185 | €384,572 | +€57,387 | +17.5% |
| Equity | 10/15 | €172,604 | €213,137 | +€40,533 | +23.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €152,604 | €193,137 | +€40,533 | +26.6% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €150,604 | €193,137 | +€42,533 | +28.2% |
| Amounts payable | 17/49 | €154,581 | €171,435 | +€16,854 | +10.9% |
| Amounts payable within one year | 42/48 | €152,481 | €171,435 | +€18,954 | +12.4% |
| Trade debts | 44 | €34,985 | €41,490 | +€6,505 | +18.6% |
| Suppliers | 440/4 | €34,985 | €41,490 | +€6,505 | +18.6% |
| Taxes, remuneration and social security | 45 | €117,496 | €111,945 | -€5,551 | -4.7% |
| Taxes | 450/3 | €87,168 | €84,134 | -€3,034 | -3.5% |
| Remuneration and social security | 454/9 | €30,328 | €27,811 | -€2,517 | -8.3% |
| Other amounts payable | 47/48 | - | €18,000 | +€18,000 | |
| Accrued charges and deferred income | 492/3 | €2,100 | - | -€2,100 | |
| Non-recurring operating income | 76A | - | €5,555 | +€5,555 | |
| Remuneration, social security and pensions | 62 | €100,911 | €118,960 | +€18,049 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,806 | €7,108 | -€698 | -8.9% |
| Other operating charges | 640/8 | €19,458 | €4,461 | -€14,997 | -77.1% |
| Gross operating margin | 9900 | €160,186 | €185,213 | +€25,027 | +15.6% |
| Operating profit (loss) | 9901 | €32,011 | €54,683 | +€22,673 | +70.8% |
| Financial income | 75/76B | €4,892 | €4,270 | -€622 | -12.7% |
| Recurring financial income | 75 | €4,892 | €4,270 | -€622 | -12.7% |
| Financial charges | 65/66B | €5,625 | €2,644 | -€2,981 | -53.0% |
| Recurring financial charges | 65 | €5,625 | €2,644 | -€2,981 | -53.0% |
| Profit (loss) for the period before taxes | 9903 | €31,278 | €56,310 | +€25,032 | +80.0% |
| Income taxes | 67/77 | €14,866 | €15,776 | +€911 | +6.1% |
| Profit (loss) for the period | 9904 | €16,412 | €40,533 | +€24,121 | +147.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,412 | €40,533 | +€24,121 | +147.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.