MACH Properties: 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.
MACH Properties
Largest movements
- Cash -€26,896
down €26,896 (-80.7%), from €33,324 to €6,428
mainly Net result for the year (-€25,607) and Trade debts (-€11,166)
- Tangible fixed assets -€5,568
down €5,568 (-18.4%), from €30,231 to €24,662
- Receivables within one year -€2,139
no longer reported in 2025 (was €2,139)
- Profit (loss) carried forward -€25,607
down €25,607 (-190.7%), from -€13,426 to -€39,032
- Trade debts -€11,166
down €11,166 (-94.1%), from €11,863 to €697
- Tax, wage and social debts +€1,803
up €1,803 (+1242.9%), from €145 to €1,948
of which Taxes: +€903
- Depreciation +€6,154
up €6,154 (+902.0%), from €682 to €6,837
- Gross operating margin -€5,382
down €5,382 (-42.6%), from -€12,628 to -€18,010
- Other operating charges +€433
up €433 (+376.9%), from €115 to €548
- Financial charges +€211
new in 2025: €211
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 | €65,693 | €31,090 | -€34,603 | -52.7% |
| Fixed assets | 21/28 | €30,231 | €24,662 | -€5,568 | -18.4% |
| Tangible fixed assets | 22/27 | €30,231 | €24,662 | -€5,568 | -18.4% |
| Furniture and vehicles | 24 | €30,231 | €24,662 | -€5,568 | -18.4% |
| Current assets | 29/58 | €35,463 | €6,428 | -€29,035 | -81.9% |
| Amounts receivable within one year | 40/41 | €2,139 | - | -€2,139 | |
| Trade receivables | 40 | €2,139 | - | -€2,139 | |
| Cash at bank and in hand | 54/58 | €33,324 | €6,428 | -€26,896 | -80.7% |
| Total equity and liabilities | 10/49 | €65,693 | €31,090 | -€34,603 | -52.7% |
| Equity | 10/15 | -€13,326 | -€38,932 | -€25,607 | -192.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,426 | -€39,032 | -€25,607 | -190.7% |
| Amounts payable | 17/49 | €79,019 | €70,022 | -€8,996 | -11.4% |
| Amounts payable within one year | 42/48 | €79,019 | €70,022 | -€8,996 | -11.4% |
| Trade debts | 44 | €11,863 | €697 | -€11,166 | -94.1% |
| Suppliers | 440/4 | €11,863 | €697 | -€11,166 | -94.1% |
| Taxes, remuneration and social security | 45 | €145 | €1,948 | +€1,803 | +1242.9% |
| Taxes | 450/3 | €145 | €1,048 | +€903 | +622.5% |
| Remuneration and social security | 454/9 | - | €900 | +€900 | |
| Other amounts payable | 47/48 | €67,011 | €67,377 | +€366 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €682 | €6,837 | +€6,154 | +902.0% |
| Other operating charges | 640/8 | €115 | €548 | +€433 | +376.9% |
| Gross operating margin | 9900 | -€12,628 | -€18,010 | -€5,382 | -42.6% |
| Operating profit (loss) | 9901 | -€13,426 | -€25,395 | -€11,970 | -89.2% |
| Financial charges | 65/66B | - | €211 | +€211 | |
| Recurring financial charges | 65 | - | €211 | +€211 | |
| Profit (loss) for the period before taxes | 9903 | -€13,426 | -€25,607 | -€12,181 | -90.7% |
| Profit (loss) for the period | 9904 | -€13,426 | -€25,607 | -€12,181 | -90.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,426 | -€25,607 | -€12,181 | -90.7% |
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 9 October 2026 via checked.be.