Mackintosch: 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.
Mackintosch
Largest movements
- Tangible fixed assets -€1,436
down €1,436 (-5.9%), from €24,463 to €23,027
- Debts after one year -€5,000
down €5,000 (-5.6%), from €90,000 to €85,000
- Other debts +€1,863
up €1,863 (+148.4%), from €1,255 to €3,118
- Trade debts +€862
up €862 (+285.1%), from €303 to €1,165
- Profit (loss) carried forward +€775
up €775 (+0.9%), from -€87,482 to -€86,707
- Gross operating margin -€3,300
down €3,300 (-44.6%), from €7,398 to €4,098
- Other operating charges -€598
down €598 (-24.9%), from €2,399 to €1,802
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 | €24,527 | €23,027 | -€1,499 | -6.1% |
| Fixed assets | 21/28 | €24,463 | €23,027 | -€1,436 | -5.9% |
| Tangible fixed assets | 22/27 | €24,463 | €23,027 | -€1,436 | -5.9% |
| Land and buildings | 22 | €24,463 | €23,027 | -€1,436 | -5.9% |
| Current assets | 29/58 | €63 | €1 | -€63 | -99.1% |
| Cash at bank and in hand | 54/58 | €63 | €1 | -€63 | -99.1% |
| Total equity and liabilities | 10/49 | €24,527 | €23,027 | -€1,499 | -6.1% |
| Equity | 10/15 | -€67,031 | -€66,256 | +€775 | +1.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,482 | -€86,707 | +€775 | +0.9% |
| Amounts payable | 17/49 | €91,558 | €89,283 | -€2,275 | -2.5% |
| Amounts payable after more than one year | 17 | €90,000 | €85,000 | -€5,000 | -5.6% |
| Other amounts payable | 178/9 | €90,000 | €85,000 | -€5,000 | -5.6% |
| Amounts payable within one year | 42/48 | €1,558 | €4,283 | +€2,725 | +175.0% |
| Trade debts | 44 | €303 | €1,165 | +€862 | +285.1% |
| Suppliers | 440/4 | €303 | €1,165 | +€862 | +285.1% |
| Other amounts payable | 47/48 | €1,255 | €3,118 | +€1,863 | +148.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,436 | €1,436 | = | 0.0% |
| Other operating charges | 640/8 | €2,399 | €1,802 | -€598 | -24.9% |
| Gross operating margin | 9900 | €7,398 | €4,098 | -€3,300 | -44.6% |
| Operating profit (loss) | 9901 | €3,562 | €860 | -€2,702 | -75.9% |
| Financial charges | 65/66B | €99 | €85 | -€14 | -13.9% |
| Recurring financial charges | 65 | €99 | €85 | -€14 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €3,463 | €775 | -€2,688 | -77.6% |
| Profit (loss) for the period | 9904 | €3,463 | €775 | -€2,688 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,463 | €775 | -€2,688 | -77.6% |
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 9 October 2026 via checked.be.