MACEBA: 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.
MACEBA
Largest movements
- Tangible fixed assets -€25,452
down €25,452 (-5.1%), from €495,131 to €469,679
of which Land and buildings: -€20,280
- Receivables within one year +€14,969
up €14,969 (+19.4%), from €77,173 to €92,142
- Cash -€7,727
down €7,727 (-21.2%), from €36,371 to €28,644
mainly Contributions, distributions and other (-€50,000) and Net result for the year (-€18,202)
- Reserves -€50,000
down €50,000 (-7.5%), from €664,119 to €614,119
of which Distributable reserves: -€50,000
- Other debts +€50,000
up €50,000 (+4780.1%), from €1,046 to €51,046
- Profit (loss) carried forward -€18,202
down €18,202 (-28.9%), from -€62,927 to -€81,128
- Gross operating margin +€9,458
up €9,458, from -€3,296 to €6,162
- Financial income +€3,138
up €3,138 (+159.4%), from €1,969 to €5,107
- Depreciation -€2,437
down €2,437 (-8.7%), from €27,889 to €25,452
- Other operating charges +€259
up €259 (+7.5%), from €3,456 to €3,715
- Taxes -€83
down €83 (-21.5%), from €387 to €304
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 | €609,898 | €591,256 | -€18,642 | -3.1% |
| Fixed assets | 21/28 | €495,131 | €469,679 | -€25,452 | -5.1% |
| Tangible fixed assets | 22/27 | €495,131 | €469,679 | -€25,452 | -5.1% |
| Land and buildings | 22 | €485,259 | €464,979 | -€20,280 | -4.2% |
| Furniture and vehicles | 24 | €9,872 | €4,700 | -€5,172 | -52.4% |
| Current assets | 29/58 | €114,767 | €121,577 | +€6,810 | +5.9% |
| Amounts receivable within one year | 40/41 | €77,173 | €92,142 | +€14,969 | +19.4% |
| Other amounts receivable | 41 | €77,173 | €92,142 | +€14,969 | +19.4% |
| Cash at bank and in hand | 54/58 | €36,371 | €28,644 | -€7,727 | -21.2% |
| Deferred charges and accrued income | 490/1 | €1,222 | €791 | -€431 | -35.3% |
| Total equity and liabilities | 10/49 | €609,898 | €591,256 | -€18,642 | -3.1% |
| Equity | 10/15 | €607,398 | €539,196 | -€68,202 | -11.2% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €664,119 | €614,119 | -€50,000 | -7.5% |
| Tax-exempt reserves | 132 | €38,000 | €38,000 | = | 0.0% |
| Distributable reserves | 133 | €626,119 | €576,119 | -€50,000 | -8.0% |
| Profit (loss) carried forward | 14 | -€62,927 | -€81,128 | -€18,202 | -28.9% |
| Amounts payable | 17/49 | €2,500 | €52,060 | +€49,560 | +1982.2% |
| Amounts payable within one year | 42/48 | €2,500 | €52,060 | +€49,560 | +1982.2% |
| Trade debts | 44 | €1,123 | €752 | -€370 | -33.0% |
| Suppliers | 440/4 | €1,123 | €752 | -€370 | -33.0% |
| Taxes, remuneration and social security | 45 | €331 | €262 | -€70 | -21.0% |
| Taxes | 450/3 | €331 | €262 | -€70 | -21.0% |
| Other amounts payable | 47/48 | €1,046 | €51,046 | +€50,000 | +4780.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,889 | €25,452 | -€2,437 | -8.7% |
| Other operating charges | 640/8 | €3,456 | €3,715 | +€259 | +7.5% |
| Gross operating margin | 9900 | -€3,296 | €6,162 | +€9,458 | |
| Operating profit (loss) | 9901 | -€34,641 | -€23,005 | +€11,636 | +33.6% |
| Financial income | 75/76B | €1,969 | €5,107 | +€3,138 | +159.4% |
| Recurring financial income | 75 | €1,969 | €5,107 | +€3,138 | +159.4% |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | -€32,672 | -€17,898 | +€14,774 | +45.2% |
| Income taxes | 67/77 | €387 | €304 | -€83 | -21.5% |
| Profit (loss) for the period | 9904 | -€33,059 | -€18,202 | +€14,857 | +44.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,059 | -€18,202 | +€14,857 | +44.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.