MACACHE IMMO: 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.
MACACHE IMMO
Largest movements
- Tangible fixed assets -€21,903
down €21,903 (-3.5%), from €620,561 to €598,658
- Debts after one year -€34,091
down €34,091 (-6.3%), from €543,930 to €509,838
- Profit (loss) carried forward +€13,414
up €13,414 (+22.4%), from -€59,979 to -€46,564
- Gross operating margin +€739
up €739 (+1.7%), from €43,348 to €44,087
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 | €627,232 | €606,831 | -€20,401 | -3.3% |
| Fixed assets | 21/28 | €620,561 | €598,658 | -€21,903 | -3.5% |
| Tangible fixed assets | 22/27 | €620,561 | €598,658 | -€21,903 | -3.5% |
| Land and buildings | 22 | €620,561 | €598,658 | -€21,903 | -3.5% |
| Current assets | 29/58 | €6,670 | €8,173 | +€1,502 | +22.5% |
| Cash at bank and in hand | 54/58 | €4,340 | €5,754 | +€1,414 | +32.6% |
| Deferred charges and accrued income | 490/1 | €2,331 | €2,419 | +€88 | +3.8% |
| Total equity and liabilities | 10/49 | €627,232 | €606,831 | -€20,401 | -3.3% |
| Equity | 10/15 | -€53,979 | -€40,564 | +€13,414 | +24.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,979 | -€46,564 | +€13,414 | +22.4% |
| Amounts payable | 17/49 | €681,210 | €647,395 | -€33,816 | -5.0% |
| Amounts payable after more than one year | 17 | €543,930 | €509,838 | -€34,091 | -6.3% |
| Financial debts | 170/4 | €543,930 | €509,838 | -€34,091 | -6.3% |
| Amounts payable within one year | 42/48 | €133,734 | €134,030 | +€296 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €33,795 | €34,091 | +€296 | +0.9% |
| Other amounts payable | 47/48 | €99,939 | €99,939 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,546 | €3,526 | -€20 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,903 | €21,903 | = | 0.0% |
| Other operating charges | 640/8 | €3,402 | €3,509 | +€107 | +3.1% |
| Gross operating margin | 9900 | €43,348 | €44,087 | +€739 | +1.7% |
| Operating profit (loss) | 9901 | €18,043 | €18,675 | +€632 | +3.5% |
| Financial charges | 65/66B | €5,580 | €5,261 | -€320 | -5.7% |
| Recurring financial charges | 65 | €5,580 | €5,261 | -€320 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €12,463 | €13,414 | +€952 | +7.6% |
| Profit (loss) for the period | 9904 | €12,463 | €13,414 | +€952 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,463 | €13,414 | +€952 | +7.6% |
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 2 October 2026 via checked.be.