Mackel: 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.
Mackel
Largest movements
- Tangible fixed assets +€3,664
up €3,664 (+194.7%), from €1,883 to €5,547
- Receivables within one year +€3,518
up €3,518 (+124.7%), from €2,820 to €6,338
of which Trade receivables: +€4,031
- Cash -€3,252
down €3,252 (-9.5%), from €34,183 to €30,931
mainly Investment in fixed assets (net) (-€5,250) and Receivables within one year (-€3,518)
- Tax, wage and social debts +€2,413
up €2,413 (+325.8%), from €741 to €3,154
- Profit (loss) carried forward +€1,126
up €1,126 (+14.3%), from -€7,866 to -€6,740
- Gross operating margin +€10,269
up €10,269, from -€4,074 to €6,195
- Taxes +€2,032
up €2,032 (+205.9%), from €987 to €3,019
- Depreciation +€1,054
up €1,054 (+198.3%), from €532 to €1,586
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 | €44,824 | €48,306 | +€3,482 | +7.8% |
| Fixed assets | 21/28 | €1,883 | €5,547 | +€3,664 | +194.7% |
| Tangible fixed assets | 22/27 | €1,883 | €5,547 | +€3,664 | +194.7% |
| Plant, machinery and equipment | 23 | €1,883 | €5,547 | +€3,664 | +194.7% |
| Current assets | 29/58 | €42,941 | €42,759 | -€182 | -0.4% |
| Stocks and contracts in progress | 3 | €3,930 | €3,930 | = | 0.0% |
| Stocks | 30/36 | €3,930 | €3,930 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,820 | €6,338 | +€3,518 | +124.7% |
| Trade receivables | 40 | €2,307 | €6,338 | +€4,031 | +174.7% |
| Other amounts receivable | 41 | €513 | - | -€513 | |
| Cash at bank and in hand | 54/58 | €34,183 | €30,931 | -€3,252 | -9.5% |
| Deferred charges and accrued income | 490/1 | €2,008 | €1,559 | -€448 | -22.3% |
| Total equity and liabilities | 10/49 | €44,824 | €48,306 | +€3,482 | +7.8% |
| Equity | 10/15 | €36,872 | €37,998 | +€1,126 | +3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,538 | €38,538 | = | 0.0% |
| Distributable reserves | 133 | €38,538 | €38,538 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,866 | -€6,740 | +€1,126 | +14.3% |
| Amounts payable | 17/49 | €7,952 | €10,308 | +€2,356 | +29.6% |
| Amounts payable within one year | 42/48 | €7,727 | €10,108 | +€2,381 | +30.8% |
| Trade debts | 44 | €2,423 | €2,762 | +€339 | +14.0% |
| Suppliers | 440/4 | €2,423 | €2,762 | +€339 | +14.0% |
| Taxes, remuneration and social security | 45 | €741 | €3,154 | +€2,413 | +325.8% |
| Taxes | 450/3 | €741 | €3,154 | +€2,413 | +325.8% |
| Other amounts payable | 47/48 | €4,563 | €4,192 | -€371 | -8.1% |
| Accrued charges and deferred income | 492/3 | €225 | €200 | -€25 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €532 | €1,586 | +€1,054 | +198.3% |
| Other operating charges | 640/8 | €471 | €425 | -€47 | -9.9% |
| Gross operating margin | 9900 | -€4,074 | €6,195 | +€10,269 | |
| Operating profit (loss) | 9901 | -€5,077 | €4,184 | +€9,262 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €35 | €39 | +€4 | +12.0% |
| Recurring financial charges | 65 | €35 | €39 | +€4 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,112 | €4,145 | +€9,258 | |
| Income taxes | 67/77 | €987 | €3,019 | +€2,032 | +205.9% |
| Profit (loss) for the period | 9904 | -€6,099 | €1,126 | +€7,225 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,099 | €1,126 | +€7,225 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.