MACLANEST BELGAE: 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.
MACLANEST BELGAE
Largest movements
- Deferred charges and accrued income -€24,932
down €24,932 (-69.2%), from €36,044 to €11,112
- Cash -€13,059
down €13,059 (-21.8%), from €59,805 to €46,745
mainly Other debts (-€50,000) and Debts after one year (-€21,633)
- Tangible fixed assets -€10,196
down €10,196 (-4.5%), from €226,280 to €216,084
- Other debts -€50,000
down €50,000 (-50.0%), from €100,000 to €50,000
- Debts after one year -€21,633
down €21,633 (-15.6%), from €138,526 to €116,893
of which Financial debts: -€21,633
- Profit (loss) carried forward +€20,859
up €20,859 (+48.4%), from €43,141 to €64,000
- Gross operating margin +€7,972
up €7,972 (+20.8%), from €38,366 to €46,338
- Taxes +€2,229
up €2,229 (+45.9%), from €4,853 to €7,082
- Depreciation -€2,204
down €2,204 (-17.8%), from €12,400 to €10,196
- Financial income -€1,918
down €1,918 (-84.4%), from €2,271 to €353
of which Non-recurring financial income: -€1,524
- Financial charges -€539
down €539 (-11.3%), from €4,757 to €4,218
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 | €322,128 | €273,941 | -€48,187 | -15.0% |
| Fixed assets | 21/28 | €226,280 | €216,084 | -€10,196 | -4.5% |
| Tangible fixed assets | 22/27 | €226,280 | €216,084 | -€10,196 | -4.5% |
| Land and buildings | 22 | €226,280 | €216,084 | -€10,196 | -4.5% |
| Current assets | 29/58 | €95,848 | €57,857 | -€37,991 | -39.6% |
| Cash at bank and in hand | 54/58 | €59,805 | €46,745 | -€13,059 | -21.8% |
| Deferred charges and accrued income | 490/1 | €36,044 | €11,112 | -€24,932 | -69.2% |
| Total equity and liabilities | 10/49 | €322,128 | €273,941 | -€48,187 | -15.0% |
| Equity | 10/15 | €61,741 | €82,600 | +€20,859 | +33.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,141 | €64,000 | +€20,859 | +48.4% |
| Amounts payable | 17/49 | €260,387 | €191,341 | -€69,046 | -26.5% |
| Amounts payable after more than one year | 17 | €138,526 | €116,893 | -€21,633 | -15.6% |
| Financial debts | 170/4 | €127,216 | €105,583 | -€21,633 | -17.0% |
| Other amounts payable | 178/9 | €11,310 | €11,310 | = | 0.0% |
| Amounts payable within one year | 42/48 | €121,861 | €74,448 | -€47,413 | -38.9% |
| Financial debts | 43 | €21,008 | €21,633 | +€624 | +3.0% |
| Credit institutions | 430/8 | €21,008 | €21,633 | +€624 | +3.0% |
| Trade debts | 44 | - | €734 | +€734 | |
| Suppliers | 440/4 | - | €734 | +€734 | |
| Taxes, remuneration and social security | 45 | €853 | €2,082 | +€1,229 | +144% |
| Taxes | 450/3 | €853 | €2,082 | +€1,229 | +144% |
| Other amounts payable | 47/48 | €100,000 | €50,000 | -€50,000 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,400 | €10,196 | -€2,204 | -17.8% |
| Other operating charges | 640/8 | €4,205 | €4,337 | +€132 | +3.1% |
| Gross operating margin | 9900 | €38,366 | €46,338 | +€7,972 | +20.8% |
| Operating profit (loss) | 9901 | €21,761 | €31,805 | +€10,044 | +46.2% |
| Financial income | 75/76B | €2,271 | €353 | -€1,918 | -84.4% |
| Recurring financial income | 75 | €747 | €353 | -€394 | -52.7% |
| Non-recurring financial income | 76B | €1,524 | - | -€1,524 | |
| Financial charges | 65/66B | €4,757 | €4,218 | -€539 | -11.3% |
| Recurring financial charges | 65 | €4,757 | €4,218 | -€539 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €19,276 | €27,940 | +€8,665 | +45.0% |
| Income taxes | 67/77 | €4,853 | €7,082 | +€2,229 | +45.9% |
| Profit (loss) for the period | 9904 | €14,423 | €20,859 | +€6,436 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,423 | €20,859 | +€6,436 | +44.6% |
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 13 October 2026 via checked.be.