MACHYBELL: 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.
MACHYBELL
Largest movements
- Cash -€128,158
down €128,158 (-72.1%), from €177,844 to €49,685
mainly Receivables within one year (-€98,487) and Other debts (-€36,218)
- Receivables within one year +€98,487
up €98,487 (+22.3%), from €442,053 to €540,540
- Tangible fixed assets -€54,177
down €54,177 (-4.0%), from €1.3m to €1.3m
- Other debts -€36,218
down €36,218 (-100.0%), from €36,218 to €0
- Debts after one year -€33,559
down €33,559 (-5.6%), from €594,183 to €560,624
- Gross operating margin +€1,889
up €1,889 (+4.2%), from €45,527 to €47,416
- Other operating charges +€1,243
up €1,243 (+12.3%), from €10,112 to €11,356
- Financial income +€1,131
up €1,131 (+14.0%), from €8,104 to €9,235
- Financial charges -€732
down €732 (-3.3%), from €21,956 to €21,224
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,962,812 | €1,878,963 | -€83,849 | -4.3% |
| Fixed assets | 21/28 | €1,342,915 | €1,288,738 | -€54,177 | -4.0% |
| Tangible fixed assets | 22/27 | €1,342,915 | €1,288,738 | -€54,177 | -4.0% |
| Land and buildings | 22 | €1,342,915 | €1,288,738 | -€54,177 | -4.0% |
| Current assets | 29/58 | €619,896 | €590,225 | -€29,671 | -4.8% |
| Amounts receivable within one year | 40/41 | €442,053 | €540,540 | +€98,487 | +22.3% |
| Other amounts receivable | 41 | €442,053 | €540,540 | +€98,487 | +22.3% |
| Cash at bank and in hand | 54/58 | €177,844 | €49,685 | -€128,158 | -72.1% |
| Total equity and liabilities | 10/49 | €1,962,812 | €1,878,963 | -€83,849 | -4.3% |
| Equity | 10/15 | €784,686 | €758,051 | -€26,634 | -3.4% |
| Contributions | 10/11 | €421,419 | €421,419 | = | 0.0% |
| Capital | 10 | €421,419 | €421,419 | = | 0.0% |
| Issued capital | 100 | €421,419 | €421,419 | = | 0.0% |
| Reserves | 13 | €981,399 | €968,412 | -€12,988 | -1.3% |
| Non-distributable reserves | 130/1 | €42,142 | €42,142 | = | 0.0% |
| Legal reserve | 130 | €42,142 | €42,142 | = | 0.0% |
| Tax-exempt reserves | 132 | €735,887 | €722,899 | -€12,988 | -1.8% |
| Distributable reserves | 133 | €203,371 | €203,371 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€618,133 | -€631,779 | -€13,647 | -2.2% |
| Provisions and deferred taxes | 16 | €243,924 | €240,453 | -€3,472 | -1.4% |
| Deferred taxes | 168 | €243,924 | €240,453 | -€3,472 | -1.4% |
| Amounts payable | 17/49 | €934,201 | €880,459 | -€53,743 | -5.8% |
| Amounts payable after more than one year | 17 | €594,183 | €560,624 | -€33,559 | -5.6% |
| Financial debts | 170/4 | €594,183 | €560,624 | -€33,559 | -5.6% |
| Amounts payable within one year | 42/48 | €71,290 | €34,959 | -€36,332 | -51.0% |
| Current portion of amounts payable after more than one year | 42 | €32,819 | €33,559 | +€740 | +2.3% |
| Trade debts | 44 | €2,253 | €1,400 | -€854 | -37.9% |
| Suppliers | 440/4 | €2,253 | €1,400 | -€854 | -37.9% |
| Other amounts payable | 47/48 | €36,218 | €0 | -€36,218 | -100.0% |
| Accrued charges and deferred income | 492/3 | €268,728 | €284,876 | +€16,148 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,177 | €54,177 | = | 0.0% |
| Other operating charges | 640/8 | €10,112 | €11,356 | +€1,243 | +12.3% |
| Gross operating margin | 9900 | €45,527 | €47,416 | +€1,889 | +4.2% |
| Operating profit (loss) | 9901 | -€18,763 | -€18,117 | +€646 | +3.4% |
| Financial income | 75/76B | €8,104 | €9,235 | +€1,131 | +14.0% |
| Recurring financial income | 75 | €8,104 | €9,235 | +€1,131 | +14.0% |
| Financial charges | 65/66B | €21,956 | €21,224 | -€732 | -3.3% |
| Recurring financial charges | 65 | €21,956 | €21,224 | -€732 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | -€32,615 | -€30,106 | +€2,509 | +7.7% |
| Transfer from deferred taxes | 780 | €3,472 | €3,472 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€29,143 | -€26,634 | +€2,509 | +8.6% |
| Transfer from tax-exempt reserves | 789 | €12,988 | €12,988 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,155 | -€13,647 | +€2,509 | +15.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.