Macinson BV: 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.
Macinson BV
Largest movements
- Cash +€133,256
up €133,256 (+80.3%), from €165,866 to €299,122
mainly Net result for the year (+€123,132) and Receivables within one year (+€34,699)
- Receivables within one year -€34,699
down €34,699 (-57.1%), from €60,749 to €26,050
of which Trade receivables: -€46,632
- Tangible fixed assets +€20,571
new in 2026: €20,571
- Reserves +€123,132
up €123,132 (+63.1%), from €194,988 to €318,120
- Tax, wage and social debts -€26,163
down €26,163 (-91.7%), from €28,533 to €2,371
of which Taxes: -€26,163
- Trade debts +€22,611
up €22,611 (+4018.5%), from €563 to €23,174
- Taxes -€13,681
down €13,681 (-28.4%), from €48,248 to €34,567
- Gross operating margin -€8,088
down €8,088 (-4.9%), from €166,043 to €157,955
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,615 | €345,856 | +€119,241 | +52.6% |
| Fixed assets | 21/28 | - | €20,571 | +€20,571 | |
| Tangible fixed assets | 22/27 | - | €20,571 | +€20,571 | |
| Furniture and vehicles | 24 | - | €20,571 | +€20,571 | |
| Current assets | 29/58 | €226,615 | €325,285 | +€98,670 | +43.5% |
| Amounts receivable within one year | 40/41 | €60,749 | €26,050 | -€34,699 | -57.1% |
| Trade receivables | 40 | €60,749 | €14,117 | -€46,632 | -76.8% |
| Other amounts receivable | 41 | - | €11,933 | +€11,933 | |
| Cash at bank and in hand | 54/58 | €165,866 | €299,122 | +€133,256 | +80.3% |
| Deferred charges and accrued income | 490/1 | €0 | €113 | +€113 | |
| Total equity and liabilities | 10/49 | €226,615 | €345,856 | +€119,241 | +52.6% |
| Equity | 10/15 | €196,988 | €320,120 | +€123,132 | +62.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €194,988 | €318,120 | +€123,132 | +63.1% |
| Distributable reserves | 133 | €194,988 | €318,120 | +€123,132 | +63.1% |
| Amounts payable | 17/49 | €29,627 | €25,736 | -€3,891 | -13.1% |
| Amounts payable within one year | 42/48 | €29,627 | €25,736 | -€3,891 | -13.1% |
| Trade debts | 44 | €563 | €23,174 | +€22,611 | +4018.5% |
| Suppliers | 440/4 | €563 | €23,174 | +€22,611 | +4018.5% |
| Taxes, remuneration and social security | 45 | €28,533 | €2,371 | -€26,163 | -91.7% |
| Taxes | 450/3 | €28,533 | €2,371 | -€26,163 | -91.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €531 | €192 | -€340 | -63.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €91 | +€91 | |
| Other operating charges | 640/8 | €1,245 | €125 | -€1,120 | -90.0% |
| Gross operating margin | 9900 | €166,043 | €157,955 | -€8,088 | -4.9% |
| Operating profit (loss) | 9901 | €164,798 | €157,739 | -€7,059 | -4.3% |
| Financial charges | 65/66B | €97 | €40 | -€56 | -58.3% |
| Recurring financial charges | 65 | €97 | €40 | -€56 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | €164,701 | €157,699 | -€7,002 | -4.3% |
| Income taxes | 67/77 | €48,248 | €34,567 | -€13,681 | -28.4% |
| Profit (loss) for the period | 9904 | €116,454 | €123,132 | +€6,678 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €116,454 | €123,132 | +€6,678 | +5.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.