MACH 6: 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.
MACH 6
Largest movements
- Cash -€443,457
down €443,457 (-100.0%), from €443,457 to €0
mainly Debts after one year (-€2.0m) and Receivables within one year (-€167,338)
- Current investments -€327,443
down €327,443 (-21.3%), from €1.5m to €1.2m
- Debts after one year -€2.0m
down €2.0m (-22.8%), from €8.8m to €6.8m
- Profit (loss) carried forward +€985,898
up €985,898 (+25.2%), from €3.9m to €4.9m
- Financial income -€791,201
down €791,201 (-37.7%), from €2.1m to €1.3m
- Gross operating margin +€40,392
up €40,392, from -€21,393 to €18,999
- Financial charges -€35,680
down €35,680 (-12.4%), from €288,107 to €252,426
- Staff costs +€35,275
new in 2025: €35,275
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 | €20,322,682 | €19,537,062 | -€785,620 | -3.9% |
| Fixed assets | 21/28 | €15,463,610 | €15,463,610 | = | 0.0% |
| Financial fixed assets | 28 | €15,463,610 | €15,463,610 | = | 0.0% |
| Current assets | 29/58 | €4,859,072 | €4,073,452 | -€785,620 | -16.2% |
| Amounts receivable within one year | 40/41 | €7,925 | €175,263 | +€167,338 | +2111.5% |
| Trade receivables | 40 | - | €63,853 | +€63,853 | |
| Other amounts receivable | 41 | €7,925 | €111,410 | +€103,485 | +1305.8% |
| Current investments | 50/53 | €1,536,567 | €1,209,124 | -€327,443 | -21.3% |
| Cash at bank and in hand | 54/58 | €443,457 | €0 | -€443,457 | -100.0% |
| Deferred charges and accrued income | 490/1 | €2,871,123 | €2,689,065 | -€182,058 | -6.3% |
| Total equity and liabilities | 10/49 | €20,322,682 | €19,537,062 | -€785,620 | -3.9% |
| Equity | 10/15 | €10,136,858 | €11,122,756 | +€985,898 | +9.7% |
| Contributions | 10/11 | €6,230,000 | €6,230,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,906,858 | €4,892,756 | +€985,898 | +25.2% |
| Amounts payable | 17/49 | €10,185,824 | €8,414,306 | -€1.8m | -17.4% |
| Amounts payable after more than one year | 17 | €8,771,690 | €6,768,498 | -€2.0m | -22.8% |
| Financial debts | 170/4 | €8,771,690 | €6,768,498 | -€2.0m | -22.8% |
| Amounts payable within one year | 42/48 | €1,414,134 | €1,645,808 | +€231,674 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €1,001,634 | €1,029,442 | +€27,808 | +2.8% |
| Financial debts | 43 | - | €67,737 | +€67,737 | |
| Credit institutions | 430/8 | - | €67,737 | +€67,737 | |
| Trade debts | 44 | €6,000 | €19,495 | +€13,495 | +224.9% |
| Suppliers | 440/4 | €6,000 | €19,495 | +€13,495 | +224.9% |
| Taxes, remuneration and social security | 45 | - | €3,884 | +€3,884 | |
| Remuneration and social security | 454/9 | - | €3,884 | +€3,884 | |
| Other amounts payable | 47/48 | €406,500 | €525,250 | +€118,750 | +29.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €35,275 | +€35,275 | |
| Other operating charges | 640/8 | €2,770 | €2,967 | +€197 | +7.1% |
| Gross operating margin | 9900 | -€21,393 | €18,999 | +€40,392 | |
| Operating profit (loss) | 9901 | -€24,163 | -€19,243 | +€4,921 | +20.4% |
| Financial income | 75/76B | €2,098,893 | €1,307,692 | -€791,201 | -37.7% |
| Recurring financial income | 75 | €2,098,893 | €1,307,692 | -€791,201 | -37.7% |
| Financial charges | 65/66B | €288,107 | €252,426 | -€35,680 | -12.4% |
| Recurring financial charges | 65 | €288,107 | €252,426 | -€35,680 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €1,786,623 | €1,036,023 | -€750,600 | -42.0% |
| Income taxes | 67/77 | - | €125 | +€125 | |
| Profit (loss) for the period | 9904 | €1,786,623 | €1,035,898 | -€750,725 | -42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,786,623 | €1,035,898 | -€750,725 | -42.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.