MACC LEX: 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.
MACC LEX
Largest movements
- Cash +€33,645
up €33,645 (+284.4%), from €11,832 to €45,477
mainly Net result for the year (+€37,935) and Tax, wage and social debts (+€14,841)
- Tangible fixed assets -€7,716
down €7,716 (-15.2%), from €50,819 to €43,103
of which Furniture and vehicles: -€4,593
- Receivables within one year +€5,343
up €5,343 (+51.0%), from €10,479 to €15,823
of which Trade receivables: +€2,954
- Reserves +€25,000
new in 2025: €25,000
- Tax, wage and social debts +€14,841
up €14,841 (+182.8%), from €8,119 to €22,959
- Debts after one year -€11,017
down €11,017 (-62.8%), from €17,549 to €6,532
- Other debts +€4,500
up €4,500 (+100.0%), from €4,500 to €9,000
- Trade debts -€1,480
down €1,480 (-39.3%), from €3,766 to €2,287
- Gross operating margin +€57,673
up €57,673 (+192.6%), from €29,949 to €87,622
- Taxes +€14,317
up €14,317 (+294.5%), from €4,862 to €19,179
- Other operating charges +€14,199
up €14,199 (+876.5%), from €1,620 to €15,819
- Depreciation -€3,103
down €3,103 (-18.3%), from €16,917 to €13,814
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 | €75,025 | €107,171 | +€32,146 | +42.8% |
| Fixed assets | 21/28 | €50,819 | €43,103 | -€7,716 | -15.2% |
| Tangible fixed assets | 22/27 | €50,819 | €43,103 | -€7,716 | -15.2% |
| Land and buildings | 22 | €39,472 | €36,349 | -€3,123 | -7.9% |
| Furniture and vehicles | 24 | €11,347 | €6,754 | -€4,593 | -40.5% |
| Current assets | 29/58 | €24,206 | €64,068 | +€39,862 | +164.7% |
| Amounts receivable within one year | 40/41 | €10,479 | €15,823 | +€5,343 | +51.0% |
| Trade receivables | 40 | €3,870 | €6,824 | +€2,954 | +76.3% |
| Other amounts receivable | 41 | €6,609 | €8,998 | +€2,389 | +36.2% |
| Cash at bank and in hand | 54/58 | €11,832 | €45,477 | +€33,645 | +284.4% |
| Deferred charges and accrued income | 490/1 | €1,894 | €2,768 | +€873 | +46.1% |
| Total equity and liabilities | 10/49 | €75,025 | €107,171 | +€32,146 | +42.8% |
| Equity | 10/15 | €30,299 | €55,376 | +€25,077 | +82.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | - | €25,000 | +€25,000 | |
| Distributable reserves | 133 | - | €25,000 | +€25,000 | |
| Profit (loss) carried forward | 14 | €17,899 | €17,976 | +€77 | +0.4% |
| Amounts payable | 17/49 | €44,726 | €51,795 | +€7,068 | +15.8% |
| Amounts payable after more than one year | 17 | €17,549 | €6,532 | -€11,017 | -62.8% |
| Financial debts | 170/4 | €17,549 | €6,532 | -€11,017 | -62.8% |
| Amounts payable within one year | 42/48 | €27,178 | €45,263 | +€18,085 | +66.5% |
| Current portion of amounts payable after more than one year | 42 | €10,793 | €11,017 | +€224 | +2.1% |
| Trade debts | 44 | €3,766 | €2,287 | -€1,480 | -39.3% |
| Suppliers | 440/4 | €3,766 | €2,287 | -€1,480 | -39.3% |
| Taxes, remuneration and social security | 45 | €8,119 | €22,959 | +€14,841 | +182.8% |
| Taxes | 450/3 | €8,119 | €22,959 | +€14,841 | +182.8% |
| Other amounts payable | 47/48 | €4,500 | €9,000 | +€4,500 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,917 | €13,814 | -€3,103 | -18.3% |
| Other operating charges | 640/8 | €1,620 | €15,819 | +€14,199 | +876.5% |
| Gross operating margin | 9900 | €29,949 | €87,622 | +€57,673 | +192.6% |
| Operating profit (loss) | 9901 | €11,412 | €57,989 | +€46,578 | +408.2% |
| Financial charges | 65/66B | €1,309 | €876 | -€434 | -33.1% |
| Recurring financial charges | 65 | €1,309 | €876 | -€434 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €10,102 | €57,114 | +€47,011 | +465.4% |
| Income taxes | 67/77 | €4,862 | €19,179 | +€14,317 | +294.5% |
| Profit (loss) for the period | 9904 | €5,240 | €37,935 | +€32,695 | +623.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,240 | €37,935 | +€32,695 | +623.9% |
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 4 October 2026 via checked.be.