MACHILA: 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.
MACHILA
Largest movements
- Tangible fixed assets -€272,189
down €272,189 (-19.7%), from €1.4m to €1.1m
- Cash +€227,649
up €227,649 (+49.4%), from €461,100 to €688,748
mainly Investment in fixed assets (net) (+€210,062) and Net result for the year (+€87,646)
- Reserves +€149,506
up €149,506 (+34.4%), from €434,450 to €583,956
of which Distributable reserves: +€90,179
- Revaluation surpluses -€143,942
no longer reported in 2025 (was €143,942)
- Profit (loss) carried forward -€61,860
no longer reported in 2025 (was €61,860)
- Provisions +€19,776
up €19,776 (+95.1%), from €20,804 to €40,579
- Gross operating margin +€112,636
up €112,636 (+115.6%), from €97,418 to €210,054
- Other operating charges +€5,879
up €5,879 (+29.5%), from €19,928 to €25,807
- Taxes +€4,067
up €4,067 (+38.1%), from €10,684 to €14,751
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,852,031 | €1,809,982 | -€42,049 | -2.3% |
| Fixed assets | 21/28 | €1,383,640 | €1,111,451 | -€272,189 | -19.7% |
| Tangible fixed assets | 22/27 | €1,383,640 | €1,111,451 | -€272,189 | -19.7% |
| Land and buildings | 22 | €1,383,640 | €1,111,451 | -€272,189 | -19.7% |
| Current assets | 29/58 | €468,391 | €698,531 | +€230,140 | +49.1% |
| Amounts receivable within one year | 40/41 | €207 | €5,700 | +€5,493 | +2649.0% |
| Other amounts receivable | 41 | €207 | €5,700 | +€5,493 | +2649.0% |
| Cash at bank and in hand | 54/58 | €461,100 | €688,748 | +€227,649 | +49.4% |
| Deferred charges and accrued income | 490/1 | €7,084 | €4,083 | -€3,001 | -42.4% |
| Total equity and liabilities | 10/49 | €1,852,031 | €1,809,982 | -€42,049 | -2.3% |
| Equity | 10/15 | €1,750,252 | €1,693,956 | -€56,296 | -3.2% |
| Contributions | 10/11 | €1,110,000 | €1,110,000 | = | 0.0% |
| Revaluation surpluses | 12 | €143,942 | - | -€143,942 | |
| Reserves | 13 | €434,450 | €583,956 | +€149,506 | +34.4% |
| Tax-exempt reserves | 132 | €62,411 | €121,738 | +€59,327 | +95.1% |
| Distributable reserves | 133 | €372,039 | €462,218 | +€90,179 | +24.2% |
| Profit (loss) carried forward | 14 | €61,860 | - | -€61,860 | |
| Provisions and deferred taxes | 16 | €20,804 | €40,579 | +€19,776 | +95.1% |
| Deferred taxes | 168 | €20,804 | €40,579 | +€19,776 | +95.1% |
| Amounts payable | 17/49 | €80,975 | €75,447 | -€5,528 | -6.8% |
| Amounts payable after more than one year | 17 | €54,203 | €44,177 | -€10,026 | -18.5% |
| Financial debts | 170/4 | €54,203 | €44,177 | -€10,026 | -18.5% |
| Amounts payable within one year | 42/48 | €23,602 | €24,502 | +€900 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €9,890 | €10,026 | +€136 | +1.4% |
| Trade debts | 44 | €6,152 | €4,109 | -€2,042 | -33.2% |
| Suppliers | 440/4 | €6,152 | €4,109 | -€2,042 | -33.2% |
| Taxes, remuneration and social security | 45 | €3,929 | €6,735 | +€2,805 | +71.4% |
| Taxes | 450/3 | €3,929 | €6,735 | +€2,805 | +71.4% |
| Other amounts payable | 47/48 | €3,631 | €3,631 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,169 | €6,768 | +€3,599 | +113.6% |
| Non-recurring operating income | 76A | - | €97,194 | +€97,194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,337 | €62,127 | +€1,790 | +3.0% |
| Other operating charges | 640/8 | €19,928 | €25,807 | +€5,879 | +29.5% |
| Gross operating margin | 9900 | €97,418 | €210,054 | +€112,636 | +115.6% |
| Operating profit (loss) | 9901 | €17,153 | €122,120 | +€104,967 | +611.9% |
| Financial income | 75/76B | €1,191 | €2,153 | +€962 | +80.8% |
| Recurring financial income | 75 | €1,191 | €2,153 | +€962 | +80.8% |
| Financial charges | 65/66B | €1,259 | €2,100 | +€841 | +66.8% |
| Recurring financial charges | 65 | €1,259 | €2,100 | +€841 | +66.8% |
| Profit (loss) for the period before taxes | 9903 | €17,085 | €122,173 | +€105,088 | +615.1% |
| Transfer from deferred taxes | 780 | €4,523 | €4,523 | = | 0.0% |
| Transfer to deferred taxes | 680 | - | €24,298 | +€24,298 | |
| Income taxes | 67/77 | €10,684 | €14,751 | +€4,067 | +38.1% |
| Profit (loss) for the period | 9904 | €10,924 | €87,646 | +€76,722 | +702.3% |
| Transfer from tax-exempt reserves | 789 | €13,569 | €13,569 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | - | €72,895 | +€72,895 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,493 | €28,320 | +€3,827 | +15.6% |
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.