MACH10: 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.
MACH10
Largest movements
- Current investments +€80,763
new in 2025: €80,763
- Cash -€39,510
down €39,510 (-89.8%), from €43,993 to €4,483
mainly Current investments (-€80,763) and Tax, wage and social debts (-€390)
- Reserves +€41,185
up €41,185 (+105.7%), from €38,957 to €80,142
- Financial income +€2,907
up €2,907 (+875.6%), from €332 to €3,239
of which Financial income: +€2,907
- Gross operating margin +€1,085
up €1,085 (+2.2%), from €48,365 to €49,450
- Financial charges +€995
new in 2025: €995
- Taxes +€701
up €701 (+7.2%), from €9,740 to €10,441
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 | €43,993 | €85,338 | +€41,345 | +94.0% |
| Current assets | 29/58 | €43,993 | €85,338 | +€41,345 | +94.0% |
| Amounts receivable within one year | 40/41 | - | €92 | +€92 | |
| Other amounts receivable | 41 | - | €92 | +€92 | |
| Current investments | 50/53 | - | €80,763 | +€80,763 | |
| Cash at bank and in hand | 54/58 | €43,993 | €4,483 | -€39,510 | -89.8% |
| Total equity and liabilities | 10/49 | €43,993 | €85,338 | +€41,345 | +94.0% |
| Equity | 10/15 | €40,957 | €82,142 | +€41,185 | +100.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €38,957 | €80,142 | +€41,185 | +105.7% |
| Distributable reserves | 133 | €38,957 | €80,142 | +€41,185 | +105.7% |
| Amounts payable | 17/49 | €3,036 | €3,196 | +€160 | +5.3% |
| Amounts payable within one year | 42/48 | €3,036 | €3,196 | +€160 | +5.3% |
| Trade debts | 44 | - | €550 | +€550 | |
| Suppliers | 440/4 | - | €550 | +€550 | |
| Taxes, remuneration and social security | 45 | €3,036 | €2,646 | -€390 | -12.8% |
| Taxes | 450/3 | €3,036 | €2,646 | -€390 | -12.8% |
| Other operating charges | 640/8 | - | €68 | +€68 | |
| Gross operating margin | 9900 | €48,365 | €49,450 | +€1,085 | +2.2% |
| Operating profit (loss) | 9901 | €48,365 | €49,382 | +€1,017 | +2.1% |
| Financial income | 75/76B | €332 | €3,239 | +€2,907 | +875.6% |
| Recurring financial income | 75 | €332 | €3,239 | +€2,907 | +875.6% |
| Non-recurring financial income | 76B | €332 | - | -€332 | |
| Financial charges | 65/66B | - | €995 | +€995 | |
| Recurring financial charges | 65 | - | €995 | +€995 | |
| Profit (loss) for the period before taxes | 9903 | €48,697 | €51,626 | +€2,929 | +6.0% |
| Income taxes | 67/77 | €9,740 | €10,441 | +€701 | +7.2% |
| Profit (loss) for the period | 9904 | €38,957 | €41,185 | +€2,228 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,957 | €41,185 | +€2,228 | +5.7% |
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 30 September 2026 via checked.be.