MacGregor Belgium: 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.
What changed
MacGregor Belgium
NACE 28.990, Manufacture of machinery and equipment not elsewhere classified
financial year 2022 compared with 2021filed annual accounts (NBB)
Net result for the year
-€57,308
2021 · -€161,466+€104,158
Equity
€366,432
2021 · €423,740-€57,308
Cash
€70,341
2021 · €18,342+€51,999
Balance sheet total
€1.1m
2021 · €828,127+€245,808
Largest movements
Assets
- Receivables within one year +€196,764
up €196,764 (+26.8%), from €735,299 to €932,063
of which Trade receivables: +€222,076
- Cash +€51,999
up €51,999 (+283%), from €18,342 to €70,341
mainly Trade debts (+€277,225) and Accrued charges and deferred income (+€33,048)
Equity and liabilities
- Trade debts +€277,225
up €277,225 (+360%), from €77,006 to €354,231
- Profit (loss) carried forward -€57,308
down €57,308 (-35.5%), from -€161,466 to -€218,774
- Accrued charges and deferred income +€33,048
up €33,048 (+100%), from €32,967 to €66,015
Income statement
- Turnover +€486,071
up €486,071 (+24.9%), from €2.0m to €2.4m
- Goods and materials +€255,380
up €255,380 (+40.4%), from €631,666 to €887,046
of which Purchases: +€256,012
- Other operating income +€199,186
up €199,186 (+43.9%), from €453,806 to €652,992
- Staff costs +€184,783
up €184,783 (+15.2%), from €1.2m to €1.4m
- Services and other goods +€133,635
up €133,635 (+20.6%), from €650,186 to €783,821
From the 2021 result to the 2022 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.
Result 2021
-€161,466
Turnover
+€486,071
Other operating income
+€199,186
Goods and materials
-€255,380
Services and other goods
-€133,635
Staff costs
-€184,783
Depreciation
+€97
Write-downs
+€4
Other operating charges
+€420
Other operating items
-€32,938
Financial income
+€3,730
Financial charges
+€1,286
Taxes
+€20,100
Result 2022
-€57,308
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€60,903
Investment
-€11,054
Financing
+€2,150
Cash 2021
€18,342
From operations (derived)
+€60,903
Net result for the year
-€57,308
Depreciation
+€10,956
Stocks and contracts
+€3,053
Receivables within one year
-€196,764
Trade debts
+€277,225
Tax, wage and social debts
-€9,307
Accrued charges and deferred income
+€33,048
Investment (derived)
-€11,054
Investment in fixed assets (net)
-€11,054
Financing
+€2,150
Current portion of long-term debt
+€2,150
Cash 2022
€70,341
brings cash intakes cash out
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €828,127 | €1,073,935 | +€245,808 | +29.7% |
| Fixed assets | 21/28 | €20,541 | €20,639 | +€98 | +0.5% |
| Intangible fixed assets | 21 | €13,107 | €6,554 | -€6,553 | -50.0% |
| Tangible fixed assets | 22/27 | €7,434 | €14,085 | +€6,651 | +89.5% |
| Furniture and vehicles | 24 | €7,434 | €14,085 | +€6,651 | +89.5% |
| Current assets | 29/58 | €807,586 | €1,053,296 | +€245,710 | +30.4% |
| Stocks and contracts in progress | 3 | €53,945 | €50,892 | -€3,053 | -5.7% |
| Stocks | 30/36 | €2,887 | €2,856 | -€31 | -1.1% |
| Goods purchased for resale | 34 | €2,887 | €2,856 | -€31 | -1.1% |
| Contracts in progress | 37 | €51,058 | €48,036 | -€3,022 | -5.9% |
| Amounts receivable within one year | 40/41 | €735,299 | €932,063 | +€196,764 | +26.8% |
| Trade receivables | 40 | €421,380 | €643,456 | +€222,076 | +52.7% |
| Other amounts receivable | 41 | €313,919 | €288,607 | -€25,312 | -8.1% |
| Cash at bank and in hand | 54/58 | €18,342 | €70,341 | +€51,999 | +283% |
| Total equity and liabilities | 10/49 | €828,127 | €1,073,935 | +€245,808 | +29.7% |
| Equity | 10/15 | €423,740 | €366,432 | -€57,308 | -13.5% |
| Contributions | 10/11 | €574,993 | €574,993 | = | 0.0% |
| Capital | 10 | €574,993 | €574,993 | = | 0.0% |
| Issued capital | 100 | €574,993 | €574,993 | = | 0.0% |
| Reserves | 13 | €10,213 | €10,213 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,213 | €10,213 | = | 0.0% |
| Legal reserve | 130 | €10,213 | €10,213 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€161,466 | -€218,774 | -€57,308 | -35.5% |
| Amounts payable | 17/49 | €404,387 | €707,503 | +€303,116 | +75.0% |
| Amounts payable within one year | 42/48 | €371,420 | €641,488 | +€270,068 | +72.7% |
| Current portion of amounts payable after more than one year | 42 | - | €2,150 | +€2,150 | |
| Trade debts | 44 | €77,006 | €354,231 | +€277,225 | +360% |
| Suppliers | 440/4 | €77,006 | €354,231 | +€277,225 | +360% |
| Taxes, remuneration and social security | 45 | €294,414 | €285,107 | -€9,307 | -3.2% |
| Taxes | 450/3 | €108,192 | €92,851 | -€15,341 | -14.2% |
| Remuneration and social security | 454/9 | €186,222 | €192,256 | +€6,034 | +3.2% |
| Accrued charges and deferred income | 492/3 | €32,967 | €66,015 | +€33,048 | +100% |
| Operating income | 70/76A | €2,434,699 | €3,087,018 | +€652,319 | +26.8% |
| Turnover | 70 | €1,950,978 | €2,437,049 | +€486,071 | +24.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €29,915 | -€3,023 | -€32,938 | |
| Other operating income | 74 | €453,806 | €652,992 | +€199,186 | +43.9% |
| Operating charges | 60/66A | €2,514,846 | €3,088,123 | +€573,277 | +22.8% |
| Goods for resale, raw materials and consumables | 60 | €631,666 | €887,046 | +€255,380 | +40.4% |
| Purchases | 600/8 | €631,004 | €887,016 | +€256,012 | +40.6% |
| Change in stocks: decrease (increase) | 609 | €662 | €30 | -€632 | -95.5% |
| Services and other goods | 61 | €650,186 | €783,821 | +€133,635 | +20.6% |
| Remuneration, social security and pensions | 62 | €1,216,554 | €1,401,337 | +€184,783 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,053 | €10,956 | -€97 | -0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€361 | -€365 | -€4 | -1.1% |
| Other operating charges | 640/8 | €5,748 | €5,328 | -€420 | -7.3% |
| Operating profit (loss) | 9901 | -€80,147 | -€1,105 | +€79,042 | +98.6% |
| Financial income | 75/76B | €7,549 | €11,279 | +€3,730 | +49.4% |
| Recurring financial income | 75 | €30 | €2,175 | +€2,145 | +7,150% |
| Other financial income | 752/9 | €30 | €2,175 | +€2,145 | +7,150% |
| Non-recurring financial income | 76B | €7,519 | €9,104 | +€1,585 | +21.1% |
| Financial charges | 65/66B | €17,756 | €16,470 | -€1,286 | -7.2% |
| Recurring financial charges | 65 | €17,756 | €16,470 | -€1,286 | -7.2% |
| Debt charges | 650 | €11,930 | €13,738 | +€1,808 | +15.2% |
| Other financial charges | 652/9 | €5,826 | €2,732 | -€3,094 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | -€90,354 | -€6,296 | +€84,058 | +93.0% |
| Income taxes | 67/77 | €71,112 | €51,012 | -€20,100 | -28.3% |
| Taxes | 670/3 | €71,112 | €51,012 | -€20,100 | -28.3% |
| Profit (loss) for the period | 9904 | -€161,466 | -€57,308 | +€104,158 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€161,466 | -€57,308 | +€104,158 | +64.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.