MACHNIEFIEK: what changed
What changed
MACHNIEFIEK
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€10,757
2024 · -€6,846+€17,604
Equity
€134,759
2024 · €124,002+€10,757
Cash
€19,598
2024 · €34,757-€15,159
Balance sheet total
€209,005
2024 · €251,287-€42,282
Largest movements
Assets
- Receivables within one year -€17,147
down €17,147 (-44.5%), from €38,497 to €21,350
of which Trade receivables: -€17,197
- Cash -€15,159
down €15,159 (-43.6%), from €34,757 to €19,598
mainly Other debts (-€32,325) and Debts after one year (-€13,954)
- Tangible fixed assets -€10,102
down €10,102 (-10.2%), from €98,727 to €88,625
of which Land and buildings: -€9,250
Equity and liabilities
- Other debts -€32,325
down €32,325 (-88.4%), from €36,569 to €4,244
- Debts after one year -€13,954
down €13,954 (-22.8%), from €61,264 to €47,310
- Profit (loss) carried forward +€10,757
up €10,757 (+60.5%), from -€17,778 to -€7,021
- Tax, wage and social debts -€6,839
down €6,839 (-56.6%), from €12,072 to €5,234
of which Taxes: -€8,839
Income statement
- Depreciation -€18,929
down €18,929 (-65.2%), from €29,032 to €10,102
- Financial charges +€1,232
up €1,232 (+49.2%), from €2,503 to €3,735
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€6,846
Gross operating margin
+€19
Depreciation
+€18,929
Other operating charges
-€10
Financial income
-€120
Financial charges
-€1,232
Taxes
+€17
Result 2025
€10,757
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€136
Investment
+€0
Financing
-€15,023
Cash 2024
€34,757
From operations (derived)
-€136
Net result for the year
+€10,757
Depreciation
+€10,102
Receivables within one year
+€17,147
Deferred charges and accrued income
-€127
Trade debts
+€29
Tax, wage and social debts
-€6,839
Other debts
-€32,325
Accrued charges and deferred income
+€1,119
Investment (derived)
+€0
Current investments
+€0
Financing
-€15,023
Debts after one year
-€13,954
Current portion of long-term debt
-€1,070
Cash 2025
€19,598
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,287 | €209,005 | -€42,282 | -16.8% |
| Fixed assets | 21/28 | €98,727 | €88,625 | -€10,102 | -10.2% |
| Tangible fixed assets | 22/27 | €98,727 | €88,625 | -€10,102 | -10.2% |
| Land and buildings | 22 | €97,875 | €88,625 | -€9,250 | -9.5% |
| Plant, machinery and equipment | 23 | €30 | €0 | -€30 | -100% |
| Furniture and vehicles | 24 | €823 | €0 | -€823 | -100% |
| Current assets | 29/58 | €152,560 | €120,380 | -€32,179 | -21.1% |
| Amounts receivable within one year | 40/41 | €38,497 | €21,350 | -€17,147 | -44.5% |
| Trade receivables | 40 | €33,880 | €16,683 | -€17,197 | -50.8% |
| Other amounts receivable | 41 | €4,617 | €4,667 | +€50 | +1.1% |
| Current investments | 50/53 | €77,079 | €77,079 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €34,757 | €19,598 | -€15,159 | -43.6% |
| Deferred charges and accrued income | 490/1 | €2,227 | €2,354 | +€127 | +5.7% |
| Total equity and liabilities | 10/49 | €251,287 | €209,005 | -€42,282 | -16.8% |
| Equity | 10/15 | €124,002 | €134,759 | +€10,757 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €123,180 | €123,180 | = | 0.0% |
| Distributable reserves | 133 | €123,180 | €123,180 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,778 | -€7,021 | +€10,757 | +60.5% |
| Amounts payable | 17/49 | €127,285 | €74,246 | -€53,039 | -41.7% |
| Amounts payable after more than one year | 17 | €61,264 | €47,310 | -€13,954 | -22.8% |
| Financial debts | 170/4 | €61,264 | €47,310 | -€13,954 | -22.8% |
| Amounts payable within one year | 42/48 | €65,047 | €24,843 | -€40,204 | -61.8% |
| Current portion of amounts payable after more than one year | 42 | €15,023 | €13,954 | -€1,070 | -7.1% |
| Trade debts | 44 | €1,382 | €1,411 | +€29 | +2.1% |
| Suppliers | 440/4 | €1,382 | €1,411 | +€29 | +2.1% |
| Taxes, remuneration and social security | 45 | €12,072 | €5,234 | -€6,839 | -56.6% |
| Taxes | 450/3 | €12,072 | €3,234 | -€8,839 | -73.2% |
| Remuneration and social security | 454/9 | €0 | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €36,569 | €4,244 | -€32,325 | -88.4% |
| Accrued charges and deferred income | 492/3 | €975 | €2,093 | +€1,119 | +115% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,032 | €10,102 | -€18,929 | -65.2% |
| Other operating charges | 640/8 | €2,153 | €2,163 | +€10 | +0.4% |
| Gross operating margin | 9900 | €26,823 | €26,842 | +€19 | +0.1% |
| Operating profit (loss) | 9901 | -€4,362 | €14,577 | +€18,939 | |
| Financial income | 75/76B | €233 | €113 | -€120 | -51.5% |
| Recurring financial income | 75 | €233 | €113 | -€120 | -51.5% |
| Financial charges | 65/66B | €2,503 | €3,735 | +€1,232 | +49.2% |
| Recurring financial charges | 65 | €2,503 | €3,735 | +€1,232 | +49.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,632 | €10,955 | +€17,587 | |
| Income taxes | 67/77 | €214 | €197 | -€17 | -7.9% |
| Profit (loss) for the period | 9904 | -€6,846 | €10,757 | +€17,604 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,846 | €10,757 | +€17,604 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.