MACELA: 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.
MACELA
Largest movements
- Tangible fixed assets -€6,861
down €6,861 (-7.0%), from €97,339 to €90,477
- Profit (loss) carried forward -€6,539
down €6,539 (-7.7%), from -€84,916 to -€91,455
- Gross operating margin +€2,728
up €2,728 (+493%), from €553 to €3,281
- Other operating charges -€125
down €125 (-4.2%), from €3,002 to €2,877
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 | €98,068 | €90,564 | -€7,505 | -7.7% |
| Fixed assets | 21/28 | €97,339 | €90,477 | -€6,861 | -7.0% |
| Tangible fixed assets | 22/27 | €97,339 | €90,477 | -€6,861 | -7.0% |
| Land and buildings | 22 | €97,339 | €90,477 | -€6,861 | -7.0% |
| Current assets | 29/58 | €730 | €86 | -€644 | -88.2% |
| Cash at bank and in hand | 54/58 | €730 | €86 | -€644 | -88.2% |
| Total equity and liabilities | 10/49 | €98,068 | €90,564 | -€7,505 | -7.7% |
| Equity | 10/15 | -€22,199 | -€28,738 | -€6,539 | -29.5% |
| Contributions | 10/11 | €57,016 | €57,016 | = | 0.0% |
| Reserves | 13 | €5,702 | €5,702 | = | 0.0% |
| Distributable reserves | 133 | €5,702 | €5,702 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,916 | -€91,455 | -€6,539 | -7.7% |
| Amounts payable | 17/49 | €120,267 | €119,302 | -€966 | -0.8% |
| Amounts payable within one year | 42/48 | €119,267 | €118,302 | -€966 | -0.8% |
| Trade debts | 44 | €761 | €400 | -€361 | -47.5% |
| Suppliers | 440/4 | €761 | €400 | -€361 | -47.5% |
| Other amounts payable | 47/48 | €118,507 | €117,902 | -€605 | -0.5% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,864 | €6,861 | -€3 | 0.0% |
| Other operating charges | 640/8 | €3,002 | €2,877 | -€125 | -4.2% |
| Gross operating margin | 9900 | €553 | €3,281 | +€2,728 | +493% |
| Operating profit (loss) | 9901 | -€9,313 | -€6,458 | +€2,855 | +30.7% |
| Financial charges | 65/66B | €77 | €81 | +€4 | +5.5% |
| Recurring financial charges | 65 | €77 | €81 | +€4 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,390 | -€6,539 | +€2,851 | +30.4% |
| Profit (loss) for the period | 9904 | -€9,390 | -€6,539 | +€2,851 | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,390 | -€6,539 | +€2,851 | +30.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.