MACC-SERVICES: 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.
MACC-SERVICES
Largest movements
- Tangible fixed assets -€78,231
down €78,231 (-14.7%), from €531,805 to €453,575
of which Land and buildings: -€45,914
- Cash +€66,478
up €66,478 (+47.3%), from €140,522 to €207,000
mainly Depreciation (+€81,965) and Net result for the year (+€47,507)
- Stocks and contracts +€46,746
up €46,746 (+27.4%), from €170,394 to €217,140
- Reserves +€47,507
up €47,507 (+13.9%), from €341,543 to €389,050
of which Distributable reserves: +€47,507
- Debts after one year -€35,600
down €35,600 (-12.9%), from €275,835 to €240,235
- Tax, wage and social debts +€31,346
up €31,346 (+86.2%), from €36,346 to €67,692
of which Taxes: +€28,537
- Other debts -€20,083
down €20,083 (-38.4%), from €52,258 to €32,175
- Trade debts +€13,424
up €13,424 (+77.7%), from €17,287 to €30,711
- Gross operating margin +€32,447
up €32,447 (+14.4%), from €224,961 to €257,408
- Taxes +€12,827
up €12,827 (+79.0%), from €16,229 to €29,056
- Depreciation +€10,974
up €10,974 (+15.5%), from €70,990 to €81,965
- Staff costs -€8,647
down €8,647 (-12.1%), from €71,513 to €62,866
- Other operating charges +€5,548
up €5,548 (+124%), from €4,458 to €10,007
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 | €909,605 | €935,794 | +€26,189 | +2.9% |
| Fixed assets | 21/28 | €531,955 | €453,725 | -€78,231 | -14.7% |
| Tangible fixed assets | 22/27 | €531,805 | €453,575 | -€78,231 | -14.7% |
| Land and buildings | 22 | €437,274 | €391,360 | -€45,914 | -10.5% |
| Plant, machinery and equipment | 23 | €7,685 | €6,661 | -€1,024 | -13.3% |
| Furniture and vehicles | 24 | €44,028 | €22,348 | -€21,680 | -49.2% |
| Other tangible fixed assets | 26 | €42,818 | €33,205 | -€9,613 | -22.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €377,650 | €482,069 | +€104,420 | +27.6% |
| Stocks and contracts in progress | 3 | €170,394 | €217,140 | +€46,746 | +27.4% |
| Stocks | 30/36 | €170,394 | €217,140 | +€46,746 | +27.4% |
| Amounts receivable within one year | 40/41 | €59,655 | €50,784 | -€8,871 | -14.9% |
| Trade receivables | 40 | €38,910 | €50,404 | +€11,494 | +29.5% |
| Other amounts receivable | 41 | €20,745 | €380 | -€20,365 | -98.2% |
| Cash at bank and in hand | 54/58 | €140,522 | €207,000 | +€66,478 | +47.3% |
| Deferred charges and accrued income | 490/1 | €7,079 | €7,145 | +€66 | +0.9% |
| Total equity and liabilities | 10/49 | €909,605 | €935,794 | +€26,189 | +2.9% |
| Equity | 10/15 | €479,081 | €526,589 | +€47,507 | +9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €341,543 | €389,050 | +€47,507 | +13.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €341,543 | €389,050 | +€47,507 | +13.9% |
| Profit (loss) carried forward | 14 | €118,938 | €118,938 | = | 0.0% |
| Amounts payable | 17/49 | €430,524 | €409,206 | -€21,318 | -5.0% |
| Amounts payable after more than one year | 17 | €275,835 | €240,235 | -€35,600 | -12.9% |
| Financial debts | 170/4 | €275,835 | €240,235 | -€35,600 | -12.9% |
| Amounts payable within one year | 42/48 | €153,850 | €166,178 | +€12,327 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €34,627 | €35,600 | +€973 | +2.8% |
| Financial debts | 43 | €13,333 | €0 | -€13,333 | -100% |
| Credit institutions | 430/8 | €13,333 | €0 | -€13,333 | -100% |
| Trade debts | 44 | €17,287 | €30,711 | +€13,424 | +77.7% |
| Suppliers | 440/4 | €17,287 | €30,711 | +€13,424 | +77.7% |
| Taxes, remuneration and social security | 45 | €36,346 | €67,692 | +€31,346 | +86.2% |
| Taxes | 450/3 | €30,120 | €58,657 | +€28,537 | +94.7% |
| Remuneration and social security | 454/9 | €6,226 | €9,034 | +€2,808 | +45.1% |
| Other amounts payable | 47/48 | €52,258 | €32,175 | -€20,083 | -38.4% |
| Accrued charges and deferred income | 492/3 | €838 | €2,793 | +€1,955 | +233% |
| Non-recurring operating income | 76A | €6,284 | €6,759 | +€476 | +7.6% |
| Remuneration, social security and pensions | 62 | €71,513 | €62,866 | -€8,647 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,990 | €81,965 | +€10,974 | +15.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €4,179 | +€4,179 | |
| Other operating charges | 640/8 | €4,458 | €10,007 | +€5,548 | +124% |
| Non-recurring operating charges | 66A | €2,555 | €1,599 | -€956 | -37.4% |
| Gross operating margin | 9900 | €224,961 | €257,408 | +€32,447 | +14.4% |
| Operating profit (loss) | 9901 | €75,445 | €96,793 | +€21,348 | +28.3% |
| Financial income | 75/76B | €621 | €851 | +€230 | +37.1% |
| Recurring financial income | 75 | €621 | €851 | +€230 | +37.1% |
| Financial charges | 65/66B | €20,658 | €21,080 | +€422 | +2.0% |
| Recurring financial charges | 65 | €20,658 | €21,080 | +€422 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €55,408 | €76,564 | +€21,156 | +38.2% |
| Income taxes | 67/77 | €16,229 | €29,056 | +€12,827 | +79.0% |
| Profit (loss) for the period | 9904 | €39,179 | €47,507 | +€8,329 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,179 | €47,507 | +€8,329 | +21.3% |
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 14 October 2026 via checked.be.