MACHA DEVELOPPEMENT: 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.
MACHA DEVELOPPEMENT
Largest movements
- Receivables within one year +€5,040
up €5,040 (+19.9%), from €25,384 to €30,423
of which Other amounts receivable: +€4,677
- Deferred charges and accrued income -€3,105
down €3,105 (-75.5%), from €4,111 to €1,006
- Cash +€1,897
up €1,897 (+15.5%), from €12,278 to €14,175
mainly Other debts (+€30,000) and Net result for the year (+€4,855)
- Tangible fixed assets -€1,030
down €1,030 (-59.4%), from €1,734 to €704
of which Other tangible fixed assets: -€570
- Other debts +€30,000
new in 2025: €30,000
- Profit (loss) carried forward -€25,145
down €25,145 (-77.5%), from €32,457 to €7,312
- Trade debts -€2,492
down €2,492 (-86.3%), from €2,888 to €396
- Gross operating margin -€3,568
down €3,568 (-27.9%), from €12,787 to €9,220
- Taxes -€923
down €923 (-28.3%), from €3,259 to €2,336
- Other operating charges -€380
down €380 (-35.2%), from €1,080 to €699
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 | €43,507 | €46,309 | +€2,802 | +6.4% |
| Fixed assets | 21/28 | €1,734 | €704 | -€1,030 | -59.4% |
| Tangible fixed assets | 22/27 | €1,734 | €704 | -€1,030 | -59.4% |
| Furniture and vehicles | 24 | €460 | - | -€460 | |
| Other tangible fixed assets | 26 | €1,274 | €704 | -€570 | -44.7% |
| Current assets | 29/58 | €41,773 | €45,605 | +€3,832 | +9.2% |
| Amounts receivable within one year | 40/41 | €25,384 | €30,423 | +€5,040 | +19.9% |
| Trade receivables | 40 | €5,687 | €6,050 | +€363 | +6.4% |
| Other amounts receivable | 41 | €19,697 | €24,373 | +€4,677 | +23.7% |
| Cash at bank and in hand | 54/58 | €12,278 | €14,175 | +€1,897 | +15.5% |
| Deferred charges and accrued income | 490/1 | €4,111 | €1,006 | -€3,105 | -75.5% |
| Total equity and liabilities | 10/49 | €43,507 | €46,309 | +€2,802 | +6.4% |
| Equity | 10/15 | €34,957 | €9,812 | -€25,145 | -71.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,457 | €7,312 | -€25,145 | -77.5% |
| Amounts payable | 17/49 | €8,550 | €36,497 | +€27,946 | +327% |
| Amounts payable within one year | 42/48 | €8,550 | €36,497 | +€27,946 | +327% |
| Trade debts | 44 | €2,888 | €396 | -€2,492 | -86.3% |
| Suppliers | 440/4 | €2,888 | €396 | -€2,492 | -86.3% |
| Taxes, remuneration and social security | 45 | €5,662 | €6,101 | +€439 | +7.7% |
| Taxes | 450/3 | €5,662 | €6,101 | +€439 | +7.7% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,068 | €1,030 | -€38 | -3.6% |
| Other operating charges | 640/8 | €1,080 | €699 | -€380 | -35.2% |
| Gross operating margin | 9900 | €12,787 | €9,220 | -€3,568 | -27.9% |
| Operating profit (loss) | 9901 | €10,639 | €7,490 | -€3,149 | -29.6% |
| Financial income | 75/76B | €1 | €39 | +€38 | +6,270% |
| Recurring financial income | 75 | €1 | €39 | +€38 | +6,270% |
| Financial charges | 65/66B | €243 | €338 | +€95 | +38.9% |
| Recurring financial charges | 65 | €243 | €338 | +€95 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €10,397 | €7,191 | -€3,205 | -30.8% |
| Income taxes | 67/77 | €3,259 | €2,336 | -€923 | -28.3% |
| Profit (loss) for the period | 9904 | €7,138 | €4,855 | -€2,282 | -32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,138 | €4,855 | -€2,282 | -32.0% |
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 30 October 2026 via checked.be.