Mackie Management: 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.
Mackie Management
Largest movements
- Cash +€20,283
up €20,283 (+76.6%), from €26,489 to €46,771
mainly Net result for the year (+€22,566) and Depreciation (+€1,099)
- Receivables within one year +€4,147
up €4,147 (+34.1%), from €12,164 to €16,312
of which Trade receivables: +€2,239
- Reserves +€22,566
up €22,566 (+95.4%), from €23,649 to €46,215
- Tax, wage and social debts +€1,085
up €1,085 (+9.7%), from €11,205 to €12,291
- Depreciation +€954
up €954 (+659%), from €145 to €1,099
- Gross operating margin -€797
down €797 (-2.5%), from €31,294 to €30,497
- Taxes -€401
down €401 (-5.6%), from €7,110 to €6,709
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.
Derived cash bridge
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 | €46,082 | €69,974 | +€23,892 | +51.8% |
| Fixed assets | 21/28 | €4,855 | €4,315 | -€540 | -11.1% |
| Tangible fixed assets | 22/27 | €4,855 | €4,315 | -€540 | -11.1% |
| Furniture and vehicles | 24 | €4,855 | €4,315 | -€540 | -11.1% |
| Current assets | 29/58 | €41,226 | €65,658 | +€24,432 | +59.3% |
| Amounts receivable within one year | 40/41 | €12,164 | €16,312 | +€4,147 | +34.1% |
| Trade receivables | 40 | €9,862 | €12,100 | +€2,239 | +22.7% |
| Other amounts receivable | 41 | €2,303 | €4,212 | +€1,909 | +82.9% |
| Cash at bank and in hand | 54/58 | €26,489 | €46,771 | +€20,283 | +76.6% |
| Deferred charges and accrued income | 490/1 | €2,574 | €2,576 | +€2 | +0.1% |
| Total equity and liabilities | 10/49 | €46,082 | €69,974 | +€23,892 | +51.8% |
| Equity | 10/15 | €33,649 | €56,215 | +€22,566 | +67.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €23,649 | €46,215 | +€22,566 | +95.4% |
| Distributable reserves | 133 | €23,649 | €46,215 | +€22,566 | +95.4% |
| Amounts payable | 17/49 | €12,433 | €13,759 | +€1,327 | +10.7% |
| Amounts payable within one year | 42/48 | €12,433 | €13,385 | +€952 | +7.7% |
| Trade debts | 44 | €1,227 | €1,094 | -€134 | -10.9% |
| Suppliers | 440/4 | €1,227 | €1,094 | -€134 | -10.9% |
| Taxes, remuneration and social security | 45 | €11,205 | €12,291 | +€1,085 | +9.7% |
| Taxes | 450/3 | €11,205 | €12,291 | +€1,085 | +9.7% |
| Accrued charges and deferred income | 492/3 | - | €375 | +€375 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145 | €1,099 | +€954 | +659% |
| Other operating charges | 640/8 | €289 | €204 | -€85 | -29.3% |
| Gross operating margin | 9900 | €31,294 | €30,497 | -€797 | -2.5% |
| Operating profit (loss) | 9901 | €30,860 | €29,194 | -€1,666 | -5.4% |
| Financial income | 75/76B | €57 | €154 | +€97 | +170% |
| Recurring financial income | 75 | €57 | €154 | +€97 | +170% |
| Financial charges | 65/66B | €158 | €73 | -€85 | -53.9% |
| Recurring financial charges | 65 | €158 | €73 | -€85 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | €30,758 | €29,275 | -€1,484 | -4.8% |
| Income taxes | 67/77 | €7,110 | €6,709 | -€401 | -5.6% |
| Profit (loss) for the period | 9904 | €23,649 | €22,566 | -€1,083 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,649 | €22,566 | -€1,083 | -4.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.