MACLIRES: 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.
MACLIRES
Largest movements
- Tangible fixed assets +€31,957
up €31,957 (+184.8%), from €17,293 to €49,250
of which Furniture and vehicles: +€32,531
- Cash +€10,458
up €10,458 (+23.4%), from €44,612 to €55,071
mainly Net result for the year (+€42,875) and Depreciation (+€7,553)
- Receivables within one year +€5,038
up €5,038 (+8.0%), from €62,731 to €67,768
of which Trade receivables: +€4,707
- Reserves +€100,000
up €100,000 (+174.4%), from €57,348 to €157,348
- Profit (loss) carried forward -€57,125
down €57,125 (-77.9%), from €73,325 to €16,200
- Tax, wage and social debts +€2,763
up €2,763 (+13.6%), from €20,347 to €23,110
- Other debts +€2,400
new in 2025: €2,400
- Financial income -€25,688
down €25,688 (-95.5%), from €26,888 to €1,200
- Taxes -€7,122
down €7,122 (-39.2%), from €18,175 to €11,053
- Depreciation +€6,029
up €6,029 (+395.6%), from €1,524 to €7,553
- Gross operating margin -€5,773
down €5,773 (-8.5%), from €67,946 to €62,173
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 | €167,976 | €214,677 | +€46,701 | +27.8% |
| Fixed assets | 21/28 | €17,293 | €49,250 | +€31,957 | +184.8% |
| Tangible fixed assets | 22/27 | €17,293 | €49,250 | +€31,957 | +184.8% |
| Land and buildings | 22 | €4,478 | €4,972 | +€494 | +11.0% |
| Plant, machinery and equipment | 23 | €7,404 | €6,335 | -€1,068 | -14.4% |
| Furniture and vehicles | 24 | €5,411 | €37,942 | +€32,531 | +601.1% |
| Current assets | 29/58 | €150,683 | €165,427 | +€14,744 | +9.8% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €62,731 | €67,768 | +€5,038 | +8.0% |
| Trade receivables | 40 | €10,885 | €15,592 | +€4,707 | +43.2% |
| Other amounts receivable | 41 | €51,846 | €52,177 | +€331 | +0.6% |
| Cash at bank and in hand | 54/58 | €44,612 | €55,071 | +€10,458 | +23.4% |
| Deferred charges and accrued income | 490/1 | €3,340 | €2,588 | -€752 | -22.5% |
| Total equity and liabilities | 10/49 | €167,976 | €214,677 | +€46,701 | +27.8% |
| Equity | 10/15 | €145,673 | €188,547 | +€42,875 | +29.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €57,348 | €157,348 | +€100,000 | +174.4% |
| Distributable reserves | 133 | €57,348 | €157,348 | +€100,000 | +174.4% |
| Profit (loss) carried forward | 14 | €73,325 | €16,200 | -€57,125 | -77.9% |
| Amounts payable | 17/49 | €22,304 | €26,129 | +€3,826 | +17.2% |
| Amounts payable within one year | 42/48 | €22,304 | €26,129 | +€3,826 | +17.2% |
| Trade debts | 44 | €1,956 | €619 | -€1,337 | -68.3% |
| Suppliers | 440/4 | €1,956 | €619 | -€1,337 | -68.3% |
| Taxes, remuneration and social security | 45 | €20,347 | €23,110 | +€2,763 | +13.6% |
| Taxes | 450/3 | €20,347 | €23,110 | +€2,763 | +13.6% |
| Other amounts payable | 47/48 | - | €2,400 | +€2,400 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,524 | €7,553 | +€6,029 | +395.6% |
| Other operating charges | 640/8 | €448 | €855 | +€407 | +90.8% |
| Gross operating margin | 9900 | €67,946 | €62,173 | -€5,773 | -8.5% |
| Operating profit (loss) | 9901 | €65,974 | €53,765 | -€12,208 | -18.5% |
| Financial income | 75/76B | €26,888 | €1,200 | -€25,688 | -95.5% |
| Recurring financial income | 75 | €26,888 | €1,200 | -€25,688 | -95.5% |
| Financial charges | 65/66B | €1,362 | €1,038 | -€324 | -23.8% |
| Recurring financial charges | 65 | €1,362 | €1,038 | -€324 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €91,500 | €53,928 | -€37,572 | -41.1% |
| Income taxes | 67/77 | €18,175 | €11,053 | -€7,122 | -39.2% |
| Profit (loss) for the period | 9904 | €73,325 | €42,875 | -€30,450 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €73,325 | €42,875 | -€30,450 | -41.5% |
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 12 October 2026 via checked.be.