MachineSight: 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.
MachineSight
Largest movements
- Cash +€440,096
up €440,096 (+103.9%), from €423,547 to €863,643
mainly Advances received (+€546,987) and Net result for the year (+€309,875)
- Tangible fixed assets +€239,407
up €239,407 (+162.8%), from €147,047 to €386,455
of which Furniture and vehicles: +€145,195
- Receivables within one year +€156,574
up €156,574 (+16.6%), from €943,307 to €1.1m
of which Trade receivables: +€103,997
- Advances received +€546,987
up €546,987 (+234.8%), from €232,987 to €779,974
- Profit (loss) carried forward +€309,875
up €309,875 (+814.6%), from €38,040 to €347,916
- Trade debts -€179,625
down €179,625 (-36.0%), from €498,756 to €319,132
- Reserves -€127,000
down €127,000 (-32.1%), from €396,000 to €269,000
of which Distributable reserves: -€109,000
- Other debts +€126,924
up €126,924 (+166239.2%), from €76 to €127,000
- Gross operating margin +€526,825
up €526,825 (+53.6%), from €983,263 to €1.5m
- Staff costs +€273,205
up €273,205 (+33.8%), from €808,635 to €1.1m
- Depreciation +€28,258
up €28,258 (+50.8%), from €55,573 to €83,831
- Other operating charges +€20,518
up €20,518 (+1446.2%), from €1,419 to €21,937
- Write-downs -€16,465
new in 2025: -€16,465
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 | €1,571,393 | €2,426,849 | +€855,455 | +54.4% |
| Fixed assets | 21/28 | €170,834 | €415,031 | +€244,197 | +142.9% |
| Intangible fixed assets | 21 | €13,996 | €18,786 | +€4,790 | +34.2% |
| Tangible fixed assets | 22/27 | €147,047 | €386,455 | +€239,407 | +162.8% |
| Plant, machinery and equipment | 23 | €41,399 | €135,259 | +€93,861 | +226.7% |
| Furniture and vehicles | 24 | €62,255 | €207,451 | +€145,195 | +233.2% |
| Other tangible fixed assets | 26 | €43,393 | €43,744 | +€351 | +0.8% |
| Financial fixed assets | 28 | €9,790 | €9,790 | = | 0.0% |
| Current assets | 29/58 | €1,400,560 | €2,011,818 | +€611,258 | +43.6% |
| Stocks and contracts in progress | 3 | €11,400 | €15,500 | +€4,100 | +36.0% |
| Stocks | 30/36 | €11,400 | €15,500 | +€4,100 | +36.0% |
| Amounts receivable within one year | 40/41 | €943,307 | €1,099,881 | +€156,574 | +16.6% |
| Trade receivables | 40 | €840,487 | €944,484 | +€103,997 | +12.4% |
| Other amounts receivable | 41 | €102,820 | €155,396 | +€52,577 | +51.1% |
| Cash at bank and in hand | 54/58 | €423,547 | €863,643 | +€440,096 | +103.9% |
| Deferred charges and accrued income | 490/1 | €22,306 | €32,794 | +€10,488 | +47.0% |
| Total equity and liabilities | 10/49 | €1,571,393 | €2,426,849 | +€855,455 | +54.4% |
| Equity | 10/15 | €598,994 | €779,826 | +€180,833 | +30.2% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Capital | 10 | €160,000 | €160,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Uncalled capital | 101 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €396,000 | €269,000 | -€127,000 | -32.1% |
| Non-distributable reserves | 130/1 | €20,000 | €2,000 | -€18,000 | -90.0% |
| Legal reserve | 130 | €20,000 | €2,000 | -€18,000 | -90.0% |
| Distributable reserves | 133 | €376,000 | €267,000 | -€109,000 | -29.0% |
| Profit (loss) carried forward | 14 | €38,040 | €347,916 | +€309,875 | +814.6% |
| Investment grants | 15 | €4,953 | €2,911 | -€2,043 | -41.2% |
| Amounts payable | 17/49 | €972,400 | €1,647,022 | +€674,622 | +69.4% |
| Amounts payable after more than one year | 17 | €99,894 | €126,550 | +€26,656 | +26.7% |
| Financial debts | 170/4 | €9,806 | €82,427 | +€72,621 | +740.6% |
| Other amounts payable | 178/9 | €90,088 | €44,123 | -€45,965 | -51.0% |
| Amounts payable within one year | 42/48 | €872,506 | €1,480,050 | +€607,543 | +69.6% |
| Current portion of amounts payable after more than one year | 42 | €6,992 | €39,331 | +€32,339 | +462.5% |
| Trade debts | 44 | €498,756 | €319,132 | -€179,625 | -36.0% |
| Suppliers | 440/4 | €498,756 | €319,132 | -€179,625 | -36.0% |
| Advances received on contracts in progress | 46 | €232,987 | €779,974 | +€546,987 | +234.8% |
| Taxes, remuneration and social security | 45 | €133,695 | €214,613 | +€80,918 | +60.5% |
| Taxes | 450/3 | €34,454 | €78,435 | +€43,981 | +127.7% |
| Remuneration and social security | 454/9 | €99,241 | €136,178 | +€36,937 | +37.2% |
| Other amounts payable | 47/48 | €76 | €127,000 | +€126,924 | +166239.2% |
| Accrued charges and deferred income | 492/3 | - | €40,423 | +€40,423 | |
| Remuneration, social security and pensions | 62 | €808,635 | €1,081,840 | +€273,205 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,573 | €83,831 | +€28,258 | +50.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€16,465 | -€16,465 | |
| Other operating charges | 640/8 | €1,419 | €21,937 | +€20,518 | +1446.2% |
| Gross operating margin | 9900 | €983,263 | €1,510,088 | +€526,825 | +53.6% |
| Operating profit (loss) | 9901 | €117,636 | €338,946 | +€221,310 | +188.1% |
| Financial income | 75/76B | €2,236 | €2,160 | -€76 | -3.4% |
| Recurring financial income | 75 | €2,236 | €2,160 | -€76 | -3.4% |
| Financial charges | 65/66B | €16,308 | €22,163 | +€5,855 | +35.9% |
| Recurring financial charges | 65 | €14,972 | €20,813 | +€5,841 | +39.0% |
| Non-recurring financial charges | 66B | €1,336 | €1,350 | +€14 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €103,564 | €318,942 | +€215,378 | +208.0% |
| Income taxes | 67/77 | €8,200 | €9,067 | +€867 | +10.6% |
| Profit (loss) for the period | 9904 | €95,364 | €309,875 | +€214,512 | +224.9% |
| Profit (loss) for the period to be appropriated | 9905 | €95,364 | €309,875 | +€214,512 | +224.9% |
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 7 October 2026 via checked.be.