MacaSport Developpement: 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.
MacaSport Developpement
Largest movements
- Tangible fixed assets +€1.4m
up €1.4m (+272%), from €528,936 to €2.0m
of which Land and buildings: +€1.4m
- Receivables within one year +€258,909
up €258,909 (+177%), from €146,362 to €405,271
of which Trade receivables: +€255,783
- Debts after one year +€1.4m
new in 2025: €1.4m
- Trade debts +€157,997
up €157,997 (+126%), from €125,241 to €283,239
- Other debts +€101,768
up €101,768 (+20.7%), from €491,500 to €593,268
- Current portion of long-term debt +€72,220
new in 2025: €72,220
- Profit (loss) carried forward -€26,867
down €26,867 (-336%), from -€7,989 to -€34,856
- Gross operating margin +€31,479
up €31,479, from -€2,593 to €28,886
- Financial charges +€29,849
up €29,849 (+772%), from €3,869 to €33,718
- Depreciation +€20,897
new in 2025: €20,897
- Other operating charges +€1,138
new in 2025: €1,138
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 | €675,597 | €2,395,630 | +€1.7m | +255% |
| Fixed assets | 21/28 | €528,936 | €1,965,695 | +€1.4m | +272% |
| Tangible fixed assets | 22/27 | €528,936 | €1,965,695 | +€1.4m | +272% |
| Land and buildings | 22 | €528,936 | €1,900,910 | +€1.4m | +259% |
| Plant, machinery and equipment | 23 | - | €64,785 | +€64,785 | |
| Current assets | 29/58 | €146,661 | €429,935 | +€283,275 | +193% |
| Amounts receivable within one year | 40/41 | €146,362 | €405,271 | +€258,909 | +177% |
| Trade receivables | 40 | €132,528 | €388,312 | +€255,783 | +193% |
| Other amounts receivable | 41 | €13,833 | €16,959 | +€3,126 | +22.6% |
| Cash at bank and in hand | 54/58 | €299 | €23,792 | +€23,493 | +7,863% |
| Deferred charges and accrued income | 490/1 | - | €873 | +€873 | |
| Total equity and liabilities | 10/49 | €675,597 | €2,395,630 | +€1.7m | +255% |
| Equity | 10/15 | €55,012 | €28,144 | -€26,867 | -48.8% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | - | €63,000 | +€63,000 | |
| Issued capital | 100 | - | €63,000 | +€63,000 | |
| Profit (loss) carried forward | 14 | -€7,989 | -€34,856 | -€26,867 | -336% |
| Amounts payable | 17/49 | €620,585 | €2,367,486 | +€1.7m | +281% |
| Amounts payable after more than one year | 17 | - | €1,409,481 | +€1.4m | |
| Financial debts | 170/4 | - | €1,409,481 | +€1.4m | |
| Amounts payable within one year | 42/48 | €616,741 | €948,727 | +€331,985 | +53.8% |
| Current portion of amounts payable after more than one year | 42 | - | €72,220 | +€72,220 | |
| Trade debts | 44 | €125,241 | €283,239 | +€157,997 | +126% |
| Suppliers | 440/4 | €125,241 | €283,239 | +€157,997 | +126% |
| Other amounts payable | 47/48 | €491,500 | €593,268 | +€101,768 | +20.7% |
| Accrued charges and deferred income | 492/3 | €3,844 | €9,278 | +€5,435 | +141% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €20,897 | +€20,897 | |
| Other operating charges | 640/8 | - | €1,138 | +€1,138 | |
| Gross operating margin | 9900 | -€2,593 | €28,886 | +€31,479 | |
| Operating profit (loss) | 9901 | -€2,593 | €6,850 | +€9,443 | |
| Financial charges | 65/66B | €3,869 | €33,718 | +€29,849 | +772% |
| Recurring financial charges | 65 | €3,869 | €33,718 | +€29,849 | +772% |
| Profit (loss) for the period before taxes | 9903 | -€6,462 | -€26,867 | -€20,406 | -316% |
| Profit (loss) for the period | 9904 | -€6,462 | -€26,867 | -€20,406 | -316% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,462 | -€26,867 | -€20,406 | -316% |
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 28 October 2026 via checked.be.