Machtig: what changed
Machtig
Largest movements
- Current investments +€150,000
new in 2023: €150,000
- Cash -€109,150
down €109,150 (-59.9%), from €182,346 to €73,195
mainly Current investments (-€150,000) and Deferred charges and accrued income (-€25,870)
- Deferred charges and accrued income +€25,870
up €25,870 (+242%), from €10,705 to €36,575
- Receivables within one year -€20,241
down €20,241 (-66.6%), from €30,398 to €10,157
of which Trade receivables: -€21,702
- Tangible fixed assets +€11,263
up €11,263 (+300%), from €3,751 to €15,014
of which Furniture and vehicles: +€7,314
- Reserves +€90,997
up €90,997 (+53.9%), from €168,915 to €259,912
- Other debts -€18,211
down €18,211 (-70.7%), from €25,756 to €7,545
- Trade debts -€12,542
down €12,542 (-82.8%), from €15,147 to €2,606
- Gross operating margin +€25,665
up €25,665 (+27.3%), from €93,984 to €119,649
- Taxes +€5,895
up €5,895 (+32.0%), from €18,428 to €24,324
- Financial income +€2,250
new in 2023: €2,250
- Depreciation +€1,588
up €1,588 (+80.7%), from €1,969 to €3,557
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €227,305 | €285,046 | +€57,741 | +25.4% |
| Fixed assets | 21/28 | €3,856 | €15,119 | +€11,263 | +292% |
| Tangible fixed assets | 22/27 | €3,751 | €15,014 | +€11,263 | +300% |
| Plant, machinery and equipment | 23 | - | €3,949 | +€3,949 | |
| Furniture and vehicles | 24 | €3,751 | €11,064 | +€7,314 | +195% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €223,449 | €269,927 | +€46,478 | +20.8% |
| Amounts receivable within one year | 40/41 | €30,398 | €10,157 | -€20,241 | -66.6% |
| Trade receivables | 40 | €30,398 | €8,696 | -€21,702 | -71.4% |
| Other amounts receivable | 41 | - | €1,461 | +€1,461 | |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €182,346 | €73,195 | -€109,150 | -59.9% |
| Deferred charges and accrued income | 490/1 | €10,705 | €36,575 | +€25,870 | +242% |
| Total equity and liabilities | 10/49 | €227,305 | €285,046 | +€57,741 | +25.4% |
| Equity | 10/15 | €173,915 | €264,912 | +€90,997 | +52.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €168,915 | €259,912 | +€90,997 | +53.9% |
| Distributable reserves | 133 | €168,915 | €259,912 | +€90,997 | +53.9% |
| Amounts payable | 17/49 | €53,390 | €20,135 | -€33,256 | -62.3% |
| Amounts payable within one year | 42/48 | €51,907 | €18,594 | -€33,313 | -64.2% |
| Trade debts | 44 | €15,147 | €2,606 | -€12,542 | -82.8% |
| Suppliers | 440/4 | €15,147 | €2,606 | -€12,542 | -82.8% |
| Taxes, remuneration and social security | 45 | €11,003 | €8,443 | -€2,561 | -23.3% |
| Taxes | 450/3 | €11,003 | €8,443 | -€2,561 | -23.3% |
| Other amounts payable | 47/48 | €25,756 | €7,545 | -€18,211 | -70.7% |
| Accrued charges and deferred income | 492/3 | €1,484 | €1,541 | +€57 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,969 | €3,557 | +€1,588 | +80.7% |
| Other operating charges | 640/8 | €651 | €458 | -€193 | -29.7% |
| Gross operating margin | 9900 | €93,984 | €119,649 | +€25,665 | +27.3% |
| Operating profit (loss) | 9901 | €91,364 | €115,635 | +€24,271 | +26.6% |
| Financial income | 75/76B | - | €2,250 | +€2,250 | |
| Recurring financial income | 75 | - | €2,250 | +€2,250 | |
| Financial charges | 65/66B | €1,519 | €2,565 | +€1,045 | +68.8% |
| Recurring financial charges | 65 | €1,519 | €2,565 | +€1,045 | +68.8% |
| Profit (loss) for the period before taxes | 9903 | €89,845 | €115,320 | +€25,476 | +28.4% |
| Income taxes | 67/77 | €18,428 | €24,324 | +€5,895 | +32.0% |
| Profit (loss) for the period | 9904 | €71,417 | €90,997 | +€19,580 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €71,417 | €90,997 | +€19,580 | +27.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.