Macla Invest: 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.
Macla Invest
Largest movements
- Tangible fixed assets -€13,710
down €13,710 (-3.4%), from €407,142 to €393,433
- Cash +€4,717
up €4,717 (+166.2%), from €2,838 to €7,555
mainly Depreciation (+€13,710) and Other debts (+€3,293)
- Debts after one year -€10,484
down €10,484 (-2.8%), from €375,534 to €365,050
of which Financial debts: -€11,173
- Gross operating margin +€3,746
up €3,746 (+13.8%), from €27,233 to €30,979
- Financial charges -€514
down €514 (-2.9%), from €17,756 to €17,242
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 | €409,980 | €401,787 | -€8,193 | -2.0% |
| Fixed assets | 21/28 | €407,142 | €393,433 | -€13,710 | -3.4% |
| Tangible fixed assets | 22/27 | €407,142 | €393,433 | -€13,710 | -3.4% |
| Land and buildings | 22 | €407,142 | €393,433 | -€13,710 | -3.4% |
| Current assets | 29/58 | €2,838 | €8,355 | +€5,517 | +194.4% |
| Cash at bank and in hand | 54/58 | €2,838 | €7,555 | +€4,717 | +166.2% |
| Deferred charges and accrued income | 490/1 | - | €800 | +€800 | |
| Total equity and liabilities | 10/49 | €409,980 | €401,787 | -€8,193 | -2.0% |
| Equity | 10/15 | -€23,838 | -€25,189 | -€1,352 | -5.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,838 | -€30,189 | -€1,352 | -4.7% |
| Amounts payable | 17/49 | €433,818 | €426,977 | -€6,841 | -1.6% |
| Amounts payable after more than one year | 17 | €375,534 | €365,050 | -€10,484 | -2.8% |
| Financial debts | 170/4 | €324,453 | €313,281 | -€11,173 | -3.4% |
| Other amounts payable | 178/9 | €51,081 | €51,769 | +€688 | +1.3% |
| Amounts payable within one year | 42/48 | €58,284 | €61,927 | +€3,643 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €12,623 | €12,166 | -€458 | -3.6% |
| Financial debts | 43 | €876 | €912 | +€35 | +4.0% |
| Other loans | 439 | €876 | €912 | +€35 | +4.0% |
| Trade debts | 44 | €740 | €1,513 | +€773 | +104.4% |
| Suppliers | 440/4 | €740 | €1,513 | +€773 | +104.4% |
| Other amounts payable | 47/48 | €44,043 | €47,336 | +€3,293 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,710 | €13,710 | = | 0.0% |
| Other operating charges | 640/8 | €1,347 | €1,379 | +€31 | +2.3% |
| Gross operating margin | 9900 | €27,233 | €30,979 | +€3,746 | +13.8% |
| Operating profit (loss) | 9901 | €12,176 | €15,890 | +€3,714 | +30.5% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €17,756 | €17,242 | -€514 | -2.9% |
| Recurring financial charges | 65 | €17,756 | €17,242 | -€514 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,574 | -€1,352 | +€4,223 | +75.8% |
| Profit (loss) for the period | 9904 | -€5,574 | -€1,352 | +€4,223 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,574 | -€1,352 | +€4,223 | +75.8% |
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 11 October 2026 via checked.be.