MACCASY: 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.
MACCASY
Largest movements
- Receivables within one year -€11,843
down €11,843 (-33.1%), from €35,806 to €23,963
of which Trade receivables: -€12,613
- Cash -€6,593
down €6,593 (-100.0%), from €6,595 to €2
mainly Trade debts (-€19,054) and Debts after one year (-€5,352)
- Trade debts -€19,054
down €19,054 (-100%), from €19,054 to €0
- Profit (loss) carried forward +€6,991
up €6,991 (+81.6%), from €8,563 to €15,554
- Debts after one year -€5,352
down €5,352 (-46.1%), from €11,622 to €6,270
- Tax, wage and social debts +€2,071
up €2,071 (+16.3%), from €12,692 to €14,762
- Other debts -€1,657
down €1,657 (-100%), from €1,657 to €0
- Gross operating margin +€9,003
up €9,003 (+172%), from €5,245 to €14,248
- Taxes +€2,567
up €2,567 (+163%), from €1,573 to €4,141
- Financial charges +€749
up €749 (+606%), from €124 to €873
- Other operating charges +€201
up €201 (+122%), from €165 to €366
- Depreciation +€144
up €144 (+8.3%), from €1,734 to €1,878
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 | €57,753 | €40,093 | -€17,661 | -30.6% |
| Fixed assets | 21/28 | €15,352 | €15,888 | +€536 | +3.5% |
| Tangible fixed assets | 22/27 | €15,352 | €15,888 | +€536 | +3.5% |
| Plant, machinery and equipment | 23 | - | €1,230 | +€1,230 | |
| Furniture and vehicles | 24 | €15,352 | €14,658 | -€695 | -4.5% |
| Current assets | 29/58 | €42,401 | €24,205 | -€18,196 | -42.9% |
| Amounts receivable within one year | 40/41 | €35,806 | €23,963 | -€11,843 | -33.1% |
| Trade receivables | 40 | €35,806 | €23,193 | -€12,613 | -35.2% |
| Other amounts receivable | 41 | - | €769 | +€769 | |
| Cash at bank and in hand | 54/58 | €6,595 | €2 | -€6,593 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €240 | +€240 | |
| Total equity and liabilities | 10/49 | €57,753 | €40,093 | -€17,661 | -30.6% |
| Equity | 10/15 | €9,063 | €16,054 | +€6,991 | +77.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,563 | €15,554 | +€6,991 | +81.6% |
| Amounts payable | 17/49 | €48,690 | €24,038 | -€24,652 | -50.6% |
| Amounts payable after more than one year | 17 | €11,622 | €6,270 | -€5,352 | -46.1% |
| Financial debts | 170/4 | €11,622 | €6,270 | -€5,352 | -46.1% |
| Amounts payable within one year | 42/48 | €37,068 | €17,766 | -€19,302 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | €3,666 | €3,004 | -€662 | -18.0% |
| Trade debts | 44 | €19,054 | €0 | -€19,054 | -100% |
| Suppliers | 440/4 | €19,054 | €0 | -€19,054 | -100% |
| Taxes, remuneration and social security | 45 | €12,692 | €14,762 | +€2,071 | +16.3% |
| Taxes | 450/3 | €12,692 | €14,762 | +€2,071 | +16.3% |
| Other amounts payable | 47/48 | €1,657 | €0 | -€1,657 | -100% |
| Accrued charges and deferred income | 492/3 | - | €2 | +€2 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,734 | €1,878 | +€144 | +8.3% |
| Other operating charges | 640/8 | €165 | €366 | +€201 | +122% |
| Gross operating margin | 9900 | €5,245 | €14,248 | +€9,003 | +172% |
| Operating profit (loss) | 9901 | €3,346 | €12,004 | +€8,658 | +259% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €124 | €873 | +€749 | +606% |
| Recurring financial charges | 65 | €124 | €873 | +€749 | +606% |
| Profit (loss) for the period before taxes | 9903 | €3,222 | €11,132 | +€7,910 | +245% |
| Income taxes | 67/77 | €1,573 | €4,141 | +€2,567 | +163% |
| Profit (loss) for the period | 9904 | €1,649 | €6,991 | +€5,342 | +324% |
| Profit (loss) for the period to be appropriated | 9905 | €1,649 | €6,991 | +€5,342 | +324% |
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 20 October 2026 via checked.be.