MaCie: 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.
MaCie
Largest movements
- Tangible fixed assets -€11,687
down €11,687 (-23.3%), from €50,218 to €38,531
of which Furniture and vehicles: -€11,369
- Receivables within one year -€6,206
down €6,206 (-85.3%), from €7,276 to €1,070
- Cash -€6,043
down €6,043 (-58.0%), from €10,427 to €4,383
mainly Net result for the year (-€16,291) and Tax, wage and social debts (-€6,304)
- Deferred charges and accrued income -€3,000
no longer reported in 2025 (was €3,000)
- Profit (loss) carried forward -€16,291
down €16,291, from €15,790 to -€501
- Tax, wage and social debts -€6,304
down €6,304 (-82.2%), from €7,670 to €1,366
- Other debts -€4,398
down €4,398 (-16.5%), from €26,704 to €22,307
- Gross operating margin -€13,376
down €13,376, from €11,214 to -€2,162
- Depreciation +€6,986
up €6,986 (+148.6%), from €4,701 to €11,687
- Other operating charges -€623
down €623 (-33.7%), from €1,847 to €1,224
- Taxes +€568
up €568 (+334.9%), from €170 to €738
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 | €70,921 | €43,984 | -€26,937 | -38.0% |
| Fixed assets | 21/28 | €50,218 | €38,531 | -€11,687 | -23.3% |
| Tangible fixed assets | 22/27 | €50,218 | €38,531 | -€11,687 | -23.3% |
| Furniture and vehicles | 24 | €49,537 | €38,168 | -€11,369 | -23.0% |
| Other tangible fixed assets | 26 | €681 | €362 | -€318 | -46.8% |
| Current assets | 29/58 | €20,703 | €5,454 | -€15,250 | -73.7% |
| Amounts receivable within one year | 40/41 | €7,276 | €1,070 | -€6,206 | -85.3% |
| Other amounts receivable | 41 | €7,276 | €1,070 | -€6,206 | -85.3% |
| Cash at bank and in hand | 54/58 | €10,427 | €4,383 | -€6,043 | -58.0% |
| Deferred charges and accrued income | 490/1 | €3,000 | - | -€3,000 | |
| Total equity and liabilities | 10/49 | €70,921 | €43,984 | -€26,937 | -38.0% |
| Equity | 10/15 | €36,250 | €19,959 | -€16,291 | -44.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,790 | -€501 | -€16,291 | |
| Amounts payable | 17/49 | €34,671 | €24,025 | -€10,646 | -30.7% |
| Amounts payable within one year | 42/48 | €34,671 | €24,025 | -€10,646 | -30.7% |
| Trade debts | 44 | €297 | €352 | +€55 | +18.5% |
| Suppliers | 440/4 | €297 | €352 | +€55 | +18.5% |
| Taxes, remuneration and social security | 45 | €7,670 | €1,366 | -€6,304 | -82.2% |
| Taxes | 450/3 | €7,670 | €1,366 | -€6,304 | -82.2% |
| Other amounts payable | 47/48 | €26,704 | €22,307 | -€4,398 | -16.5% |
| Non-recurring operating income | 76A | €18,164 | - | -€18,164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,701 | €11,687 | +€6,986 | +148.6% |
| Other operating charges | 640/8 | €1,847 | €1,224 | -€623 | -33.7% |
| Gross operating margin | 9900 | €11,214 | -€2,162 | -€13,376 | |
| Operating profit (loss) | 9901 | €4,665 | -€15,073 | -€19,738 | |
| Financial income | 75/76B | €90 | - | -€90 | |
| Recurring financial income | 75 | €90 | - | -€90 | |
| Financial charges | 65/66B | €504 | €479 | -€25 | -5.0% |
| Recurring financial charges | 65 | €504 | €479 | -€25 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €4,251 | -€15,552 | -€19,803 | |
| Income taxes | 67/77 | €170 | €738 | +€568 | +334.9% |
| Profit (loss) for the period | 9904 | €4,081 | -€16,291 | -€20,372 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,081 | -€16,291 | -€20,372 |
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 10 October 2026 via checked.be.