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MACART CONSULTING: 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.

What changed

MACART CONSULTING

BE 0802.626.005
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€44,107
2024 · €15,380+€28,727
Equity
€5,137
2024 · €37,031-€31,893
Cash
€67,583
2024 · €27,832+€39,751
Balance sheet total
€82,667
2024 · €46,331+€36,336

Largest movements

2024 to 2025
Assets
  • Cash +€39,751

    up €39,751 (+142.8%), from €27,832 to €67,583

    mainly Other debts (+€76,000) and Net result for the year (+€44,107)

  • Tangible fixed assets -€2,292

    down €2,292 (-37.0%), from €6,187 to €3,895

  • Receivables within one year -€1,029

    down €1,029 (-8.6%), from €11,909 to €10,881

    of which Trade receivables: -€6,425

Equity and liabilities
  • Other debts +€76,000

    new in 2025: €76,000

  • Profit (loss) carried forward -€31,893

    down €31,893 (-99.6%), from €32,031 to €137

  • Tax, wage and social debts -€7,628

    down €7,628 (-83.4%), from €9,151 to €1,523

    of which Taxes: -€7,628

Income statement
  • Gross operating margin +€36,090

    up €36,090 (+160.8%), from €22,442 to €58,532

  • Taxes +€5,587

    up €5,587 (+88.3%), from €6,329 to €11,916

  • Depreciation +€1,603

    up €1,603 (+232.8%), from €689 to €2,292

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €15,380
Gross operating margin +€36,090
Depreciation -€1,603
Other operating charges +€35
Financial income -€175
Financial charges -€33
Taxes -€5,587
Result 2025 €44,107

Cash bridge derived

cash 2024 to 2025

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.

From operations +€115,751
Investment €0
Financing -€76,000
Cash 2024 €27,832
Net result for the year +€44,107
Depreciation +€2,292
Receivables within one year +€1,029
Smaller working-capital items -€48
Tax, wage and social debts -€7,628
Other debts +€76,000
Contributions, distributions and other -€76,000
Cash 2025 €67,583
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €46,331 €82,667 +€36,336 +78.4%
Fixed assets 21/28 €6,187 €3,895 -€2,292 -37.0%
Tangible fixed assets 22/27 €6,187 €3,895 -€2,292 -37.0%
Furniture and vehicles 24 €6,187 €3,895 -€2,292 -37.0%
Current assets 29/58 €40,144 €78,772 +€38,627 +96.2%
Amounts receivable within one year 40/41 €11,909 €10,881 -€1,029 -8.6%
Trade receivables 40 €11,441 €5,016 -€6,425 -56.2%
Other amounts receivable 41 €468 €5,865 +€5,396 +1152.4%
Cash at bank and in hand 54/58 €27,832 €67,583 +€39,751 +142.8%
Deferred charges and accrued income 490/1 €403 €309 -€95 -23.5%
Total equity and liabilities 10/49 €46,331 €82,667 +€36,336 +78.4%
Equity 10/15 €37,031 €5,137 -€31,893 -86.1%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €32,031 €137 -€31,893 -99.6%
Amounts payable 17/49 €9,301 €77,530 +€68,229 +733.6%
Amounts payable within one year 42/48 €9,301 €77,530 +€68,229 +733.6%
Trade debts 44 €150 €7 -€143 -95.3%
Suppliers 440/4 €150 €7 -€143 -95.3%
Taxes, remuneration and social security 45 €9,151 €1,523 -€7,628 -83.4%
Taxes 450/3 €7,651 €23 -€7,628 -99.7%
Remuneration and social security 454/9 €1,500 €1,500 = 0.0%
Other amounts payable 47/48 - €76,000 +€76,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €689 €2,292 +€1,603 +232.8%
Other operating charges 640/8 €35 - -€35
Gross operating margin 9900 €22,442 €58,532 +€36,090 +160.8%
Operating profit (loss) 9901 €21,718 €56,240 +€34,522 +159.0%
Financial income 75/76B €175 - -€175
Recurring financial income 75 €175 - -€175
Financial charges 65/66B €184 €217 +€33 +17.9%
Recurring financial charges 65 €184 €217 +€33 +17.9%
Profit (loss) for the period before taxes 9903 €21,709 €56,023 +€34,314 +158.1%
Income taxes 67/77 €6,329 €11,916 +€5,587 +88.3%
Profit (loss) for the period 9904 €15,380 €44,107 +€28,727 +186.8%
Profit (loss) for the period to be appropriated 9905 €15,380 €44,107 +€28,727 +186.8%

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 30 September 2026 via checked.be.