MACADAM 66: 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.
MACADAM 66
Largest movements
- Stocks and contracts +€48,442
up €48,442 (+47.7%), from €101,541 to €149,983
- Cash +€15,529
up €15,529 (+72.3%), from €21,489 to €37,017
mainly Debts after one year (+€58,959) and Current portion of long-term debt (+€13,800)
- Receivables within one year +€11,836
up €11,836 (+330.0%), from €3,587 to €15,424
of which Trade receivables: +€13,346
- Deferred charges and accrued income +€5,573
new in 2024: €5,573
- Tangible fixed assets -€3,762
down €3,762 (-16.0%), from €23,556 to €19,794
of which Furniture and vehicles: -€1,939
- Debts after one year +€58,959
up €58,959 (+79.4%), from €74,256 to €133,215
- Current portion of long-term debt +€13,800
new in 2024: €13,800
- Trade debts +€6,582
up €6,582 (+246.0%), from €2,675 to €9,257
- Gross operating margin +€3,218
up €3,218 (+21.5%), from €14,978 to €18,195
- Financial charges +€2,429
up €2,429 (+59.9%), from €4,052 to €6,480
- Depreciation +€453
up €453 (+8.7%), from €5,225 to €5,678
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 | €151,173 | €228,791 | +€77,618 | +51.3% |
| Fixed assets | 21/28 | €24,556 | €20,794 | -€3,762 | -15.3% |
| Tangible fixed assets | 22/27 | €23,556 | €19,794 | -€3,762 | -16.0% |
| Plant, machinery and equipment | 23 | €15,305 | €13,482 | -€1,823 | -11.9% |
| Furniture and vehicles | 24 | €8,250 | €6,312 | -€1,939 | -23.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €126,617 | €207,997 | +€81,380 | +64.3% |
| Stocks and contracts in progress | 3 | €101,541 | €149,983 | +€48,442 | +47.7% |
| Stocks | 30/36 | €101,541 | €149,983 | +€48,442 | +47.7% |
| Amounts receivable within one year | 40/41 | €3,587 | €15,424 | +€11,836 | +330.0% |
| Trade receivables | 40 | €701 | €14,047 | +€13,346 | +1905.1% |
| Other amounts receivable | 41 | €2,887 | €1,377 | -€1,510 | -52.3% |
| Cash at bank and in hand | 54/58 | €21,489 | €37,017 | +€15,529 | +72.3% |
| Deferred charges and accrued income | 490/1 | - | €5,573 | +€5,573 | |
| Total equity and liabilities | 10/49 | €151,173 | €228,791 | +€77,618 | +51.3% |
| Equity | 10/15 | €64,816 | €65,112 | +€296 | +0.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €51,278 | €51,278 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €49,423 | €49,423 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,012 | -€4,716 | +€296 | +5.9% |
| Amounts payable | 17/49 | €86,357 | €163,679 | +€77,322 | +89.5% |
| Amounts payable after more than one year | 17 | €74,256 | €133,215 | +€58,959 | +79.4% |
| Financial debts | 170/4 | €74,256 | €133,215 | +€58,959 | +79.4% |
| Amounts payable within one year | 42/48 | €12,101 | €30,464 | +€18,363 | +151.7% |
| Current portion of amounts payable after more than one year | 42 | - | €13,800 | +€13,800 | |
| Trade debts | 44 | €2,675 | €9,257 | +€6,582 | +246.0% |
| Suppliers | 440/4 | €2,675 | €9,257 | +€6,582 | +246.0% |
| Taxes, remuneration and social security | 45 | €2,823 | €913 | -€1,910 | -67.7% |
| Taxes | 450/3 | €2,823 | €913 | -€1,910 | -67.7% |
| Other amounts payable | 47/48 | €6,603 | €6,494 | -€109 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,225 | €5,678 | +€453 | +8.7% |
| Other operating charges | 640/8 | €5,626 | €5,615 | -€11 | -0.2% |
| Gross operating margin | 9900 | €14,978 | €18,195 | +€3,218 | +21.5% |
| Operating profit (loss) | 9901 | €4,127 | €6,902 | +€2,776 | +67.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €4,052 | €6,480 | +€2,429 | +59.9% |
| Recurring financial charges | 65 | €4,052 | €6,480 | +€2,429 | +59.9% |
| Profit (loss) for the period before taxes | 9903 | €75 | €423 | +€348 | +464.1% |
| Income taxes | 67/77 | €34 | €127 | +€93 | +274.7% |
| Profit (loss) for the period | 9904 | €41 | €296 | +€255 | +619.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41 | €296 | +€255 | +619.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.