MACIFE Consulting: 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.
MACIFE Consulting
Largest movements
- Current investments +€829,494
new in 2025: €829,494
- Cash -€509,013
down €509,013 (-70.7%), from €719,513 to €210,499
mainly Current investments (-€829,494) and Contributions, distributions and other (-€100,000)
- Receivables within one year -€49,000
down €49,000 (-100.0%), from €49,000 to €0
of which Trade receivables: -€44,000
- Tax, wage and social debts +€97,891
up €97,891 (+178.6%), from €54,802 to €152,694
- Reserves +€95,954
up €95,954 (+13.8%), from €696,368 to €792,322
- Other debts +€82,780
up €82,780 (+1223.4%), from €6,766 to €89,546
- Gross operating margin -€14,749
down €14,749 (-5.0%), from €293,628 to €278,879
- Taxes -€7,867
down €7,867 (-8.7%), from €89,994 to €82,127
- Financial income +€4,496
up €4,496, from €0 to €4,496
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 | €777,341 | €1,044,800 | +€267,459 | +34.4% |
| Fixed assets | 21/28 | €5,056 | €4,807 | -€249 | -4.9% |
| Tangible fixed assets | 22/27 | €5,056 | €4,807 | -€249 | -4.9% |
| Furniture and vehicles | 24 | €0 | €2,427 | +€2,427 | |
| Other tangible fixed assets | 26 | €5,056 | €2,380 | -€2,676 | -52.9% |
| Current assets | 29/58 | €772,285 | €1,039,993 | +€267,708 | +34.7% |
| Amounts receivable within one year | 40/41 | €49,000 | €0 | -€49,000 | -100.0% |
| Trade receivables | 40 | €44,000 | €0 | -€44,000 | -100.0% |
| Other amounts receivable | 41 | €5,000 | €0 | -€5,000 | -100.0% |
| Current investments | 50/53 | - | €829,494 | +€829,494 | |
| Cash at bank and in hand | 54/58 | €719,513 | €210,499 | -€509,013 | -70.7% |
| Deferred charges and accrued income | 490/1 | €3,773 | €0 | -€3,773 | -100.0% |
| Total equity and liabilities | 10/49 | €777,341 | €1,044,800 | +€267,459 | +34.4% |
| Equity | 10/15 | €697,368 | €793,322 | +€95,954 | +13.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €696,368 | €792,322 | +€95,954 | +13.8% |
| Distributable reserves | 133 | €696,368 | €792,322 | +€95,954 | +13.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €79,973 | €251,478 | +€171,505 | +214.5% |
| Amounts payable within one year | 42/48 | €79,973 | €251,478 | +€171,505 | +214.5% |
| Trade debts | 44 | €18,404 | €9,238 | -€9,166 | -49.8% |
| Suppliers | 440/4 | €18,404 | €9,238 | -€9,166 | -49.8% |
| Taxes, remuneration and social security | 45 | €54,802 | €152,694 | +€97,891 | +178.6% |
| Taxes | 450/3 | €54,802 | €152,694 | +€97,891 | +178.6% |
| Other amounts payable | 47/48 | €6,766 | €89,546 | +€82,780 | +1223.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,344 | €3,088 | -€256 | -7.7% |
| Other operating charges | 640/8 | €1,165 | €806 | -€358 | -30.8% |
| Gross operating margin | 9900 | €293,628 | €278,879 | -€14,749 | -5.0% |
| Operating profit (loss) | 9901 | €289,119 | €274,985 | -€14,134 | -4.9% |
| Financial income | 75/76B | €0 | €4,496 | +€4,496 | |
| Recurring financial income | 75 | €0 | €4,496 | +€4,496 | |
| Financial charges | 65/66B | €2,489 | €1,400 | -€1,089 | -43.8% |
| Recurring financial charges | 65 | €2,489 | €1,400 | -€1,089 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | €286,630 | €278,080 | -€8,549 | -3.0% |
| Income taxes | 67/77 | €89,994 | €82,127 | -€7,867 | -8.7% |
| Profit (loss) for the period | 9904 | €196,636 | €195,954 | -€682 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €196,636 | €195,954 | -€682 | -0.3% |
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.