Mackx: 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.
Mackx
Largest movements
- Receivables after one year +€25,500
new in 2025: €25,500
- Tangible fixed assets -€14,056
down €14,056 (-44.4%), from €31,655 to €17,599
of which Furniture and vehicles: -€11,909
- Cash -€5,349
down €5,349 (-87.9%), from €6,088 to €740
mainly Contributions, distributions and other (-€30,000) and Receivables after one year (-€25,500)
- Receivables within one year +€4,615
up €4,615 (+4.8%), from €95,970 to €100,585
of which Trade receivables: +€30,067
- Other debts +€30,000
new in 2025: €30,000
- Trade debts -€15,411
down €15,411 (-80.2%), from €19,211 to €3,800
- Tax, wage and social debts -€4,892
down €4,892 (-20.3%), from €24,109 to €19,217
of which Taxes: -€3,033
- Profit (loss) carried forward +€1,745
up €1,745 (+2.8%), from €61,224 to €62,969
- Staff costs -€18,537
down €18,537 (-10.6%), from €175,012 to €156,476
- Gross operating margin -€8,545
down €8,545 (-3.8%), from €224,948 to €216,404
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 | €134,544 | €145,986 | +€11,442 | +8.5% |
| Fixed assets | 21/28 | €31,655 | €17,599 | -€14,056 | -44.4% |
| Tangible fixed assets | 22/27 | €31,655 | €17,599 | -€14,056 | -44.4% |
| Plant, machinery and equipment | 23 | €5,838 | €3,691 | -€2,147 | -36.8% |
| Furniture and vehicles | 24 | €25,817 | €13,908 | -€11,909 | -46.1% |
| Current assets | 29/58 | €102,889 | €128,387 | +€25,498 | +24.8% |
| Amounts receivable after more than one year | 29 | - | €25,500 | +€25,500 | |
| Other amounts receivable | 291 | - | €25,500 | +€25,500 | |
| Amounts receivable within one year | 40/41 | €95,970 | €100,585 | +€4,615 | +4.8% |
| Trade receivables | 40 | €46,325 | €76,392 | +€30,067 | +64.9% |
| Other amounts receivable | 41 | €49,646 | €24,193 | -€25,452 | -51.3% |
| Cash at bank and in hand | 54/58 | €6,088 | €740 | -€5,349 | -87.9% |
| Deferred charges and accrued income | 490/1 | €830 | €1,562 | +€732 | +88.2% |
| Total equity and liabilities | 10/49 | €134,544 | €145,986 | +€11,442 | +8.5% |
| Equity | 10/15 | €91,224 | €92,969 | +€1,745 | +1.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,224 | €62,969 | +€1,745 | +2.8% |
| Amounts payable | 17/49 | €43,320 | €53,017 | +€9,697 | +22.4% |
| Amounts payable within one year | 42/48 | €43,320 | €53,017 | +€9,697 | +22.4% |
| Trade debts | 44 | €19,211 | €3,800 | -€15,411 | -80.2% |
| Suppliers | 440/4 | €19,211 | €3,800 | -€15,411 | -80.2% |
| Taxes, remuneration and social security | 45 | €24,109 | €19,217 | -€4,892 | -20.3% |
| Taxes | 450/3 | €19,065 | €16,032 | -€3,033 | -15.9% |
| Remuneration and social security | 454/9 | €5,044 | €3,185 | -€1,858 | -36.8% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Remuneration, social security and pensions | 62 | €175,012 | €156,476 | -€18,537 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,356 | €14,905 | +€1,549 | +11.6% |
| Other operating charges | 640/8 | €5,055 | €3,812 | -€1,243 | -24.6% |
| Gross operating margin | 9900 | €224,948 | €216,404 | -€8,545 | -3.8% |
| Operating profit (loss) | 9901 | €31,525 | €41,212 | +€9,686 | +30.7% |
| Financial income | 75/76B | €878 | - | -€878 | |
| Recurring financial income | 75 | €878 | - | -€878 | |
| Financial charges | 65/66B | €546 | €1,095 | +€549 | +100.6% |
| Recurring financial charges | 65 | €546 | €737 | +€191 | +35.0% |
| Non-recurring financial charges | 66B | - | €358 | +€358 | |
| Profit (loss) for the period before taxes | 9903 | €31,857 | €40,116 | +€8,259 | +25.9% |
| Income taxes | 67/77 | €7,031 | €8,372 | +€1,341 | +19.1% |
| Profit (loss) for the period | 9904 | €24,827 | €31,745 | +€6,918 | +27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,827 | €31,745 | +€6,918 | +27.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.