MACOLUX: 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.
MACOLUX
Largest movements
- Receivables within one year +€2,289
up €2,289 (+1,744%), from €131 to €2,420
of which Trade receivables: +€2,420
- Cash -€1,680
no longer reported in 2025 (was €1,680)
mainly Other debts (-€3,727) and Receivables within one year (-€2,289)
- Other debts -€3,727
down €3,727 (-81.3%), from €4,582 to €855
- Trade debts +€1,833
up €1,833 (+180%), from €1,018 to €2,851
- Tax, wage and social debts +€1,388
new in 2025: €1,388
- Profit (loss) carried forward +€808
up €808 (+2.1%), from -€37,866 to -€37,058
- Short-term financial debts +€306
up €306 (+51.3%), from €597 to €903
- Gross operating margin +€5,107
up €5,107, from -€3,075 to €2,032
- Financial charges -€39
down €39 (-11.4%), from €341 to €302
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 | €1,811 | €2,420 | +€609 | +33.6% |
| Current assets | 29/58 | €1,811 | €2,420 | +€609 | +33.6% |
| Amounts receivable within one year | 40/41 | €131 | €2,420 | +€2,289 | +1,744% |
| Trade receivables | 40 | - | €2,420 | +€2,420 | |
| Other amounts receivable | 41 | €131 | - | -€131 | |
| Cash at bank and in hand | 54/58 | €1,680 | - | -€1,680 | |
| Total equity and liabilities | 10/49 | €1,811 | €2,420 | +€609 | +33.6% |
| Equity | 10/15 | -€4,385 | -€3,577 | +€808 | +18.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €8,692 | €8,692 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €6,213 | €6,213 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,866 | -€37,058 | +€808 | +2.1% |
| Amounts payable | 17/49 | €6,196 | €5,997 | -€199 | -3.2% |
| Amounts payable within one year | 42/48 | €6,196 | €5,997 | -€199 | -3.2% |
| Financial debts | 43 | €597 | €903 | +€306 | +51.3% |
| Credit institutions | 430/8 | €597 | €903 | +€306 | +51.3% |
| Trade debts | 44 | €1,018 | €2,851 | +€1,833 | +180% |
| Suppliers | 440/4 | €1,018 | €2,851 | +€1,833 | +180% |
| Taxes, remuneration and social security | 45 | - | €1,388 | +€1,388 | |
| Taxes | 450/3 | - | €1,388 | +€1,388 | |
| Other amounts payable | 47/48 | €4,582 | €855 | -€3,727 | -81.3% |
| Non-recurring operating income | 76A | - | €6,679 | +€6,679 | |
| Other operating charges | 640/8 | €895 | €922 | +€27 | +3.0% |
| Gross operating margin | 9900 | -€3,075 | €2,032 | +€5,107 | |
| Operating profit (loss) | 9901 | -€3,970 | €1,110 | +€5,080 | |
| Financial charges | 65/66B | €341 | €302 | -€39 | -11.4% |
| Recurring financial charges | 65 | €341 | €302 | -€39 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,311 | €808 | +€5,119 | |
| Profit (loss) for the period | 9904 | -€4,311 | €808 | +€5,119 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,311 | €808 | +€5,119 |
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.