Macomed: 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.
Macomed
Largest movements
- Cash -€75,822
down €75,822 (-83.3%), from €91,019 to €15,197
mainly Contributions, distributions and other (-€171,122) and Receivables within one year (-€23,408)
- Receivables within one year +€23,408
up €23,408 (+857.7%), from €2,729 to €26,137
of which Other amounts receivable: +€24,782
- Tangible fixed assets -€13,785
down €13,785 (-33.9%), from €40,672 to €26,887
of which Furniture and vehicles: -€12,838
- Financial fixed assets +€8,000
new in 2025: €8,000
- Profit (loss) carried forward -€115,914
no longer reported in 2025 (was €115,914)
- Other debts +€65,714
new in 2025: €65,714
- Debts after one year -€8,750
down €8,750 (-80.0%), from €10,937 to €2,187
- Tax, wage and social debts +€2,539
up €2,539 (+67.2%), from €3,776 to €6,315
- Trade debts -€1,788
down €1,788 (-99.8%), from €1,792 to €4
- Staff costs +€12,029
up €12,029 (+331.6%), from €3,628 to €15,657
- Gross operating margin +€5,853
up €5,853 (+6.2%), from €95,060 to €100,913
- Depreciation -€4,455
down €4,455 (-24.4%), from €18,240 to €13,785
- Taxes -€3,034
down €3,034 (-16.8%), from €18,034 to €15,000
- Financial charges -€1,055
down €1,055, from €1,051 to -€4
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 | €134,420 | €76,220 | -€58,200 | -43.3% |
| Fixed assets | 21/28 | €40,672 | €34,887 | -€5,785 | -14.2% |
| Tangible fixed assets | 22/27 | €40,672 | €26,887 | -€13,785 | -33.9% |
| Plant, machinery and equipment | 23 | €1,412 | €868 | -€544 | -38.5% |
| Furniture and vehicles | 24 | €38,676 | €25,838 | -€12,838 | -33.2% |
| Other tangible fixed assets | 26 | €584 | €181 | -€403 | -69.0% |
| Financial fixed assets | 28 | - | €8,000 | +€8,000 | |
| Current assets | 29/58 | €93,748 | €41,334 | -€52,415 | -55.9% |
| Amounts receivable within one year | 40/41 | €2,729 | €26,137 | +€23,408 | +857.7% |
| Trade receivables | 40 | €2,245 | €870 | -€1,375 | -61.2% |
| Other amounts receivable | 41 | €485 | €25,267 | +€24,782 | +5115.0% |
| Cash at bank and in hand | 54/58 | €91,019 | €15,197 | -€75,822 | -83.3% |
| Total equity and liabilities | 10/49 | €134,420 | €76,220 | -€58,200 | -43.3% |
| Equity | 10/15 | €117,914 | €2,000 | -€115,914 | -98.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,914 | - | -€115,914 | |
| Amounts payable | 17/49 | €16,506 | €74,220 | +€57,715 | +349.7% |
| Amounts payable after more than one year | 17 | €10,937 | €2,187 | -€8,750 | -80.0% |
| Financial debts | 170/4 | €10,937 | €2,187 | -€8,750 | -80.0% |
| Amounts payable within one year | 42/48 | €5,568 | €72,033 | +€66,465 | +1193.6% |
| Trade debts | 44 | €1,792 | €4 | -€1,788 | -99.8% |
| Suppliers | 440/4 | €1,792 | €4 | -€1,788 | -99.8% |
| Taxes, remuneration and social security | 45 | €3,776 | €6,315 | +€2,539 | +67.2% |
| Taxes | 450/3 | €3,776 | €6,315 | +€2,539 | +67.2% |
| Other amounts payable | 47/48 | - | €65,714 | +€65,714 | |
| Remuneration, social security and pensions | 62 | €3,628 | €15,657 | +€12,029 | +331.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,240 | €13,785 | -€4,455 | -24.4% |
| Other operating charges | 640/8 | €516 | €1,276 | +€760 | +147.3% |
| Gross operating margin | 9900 | €95,060 | €100,913 | +€5,853 | +6.2% |
| Operating profit (loss) | 9901 | €72,676 | €70,195 | -€2,481 | -3.4% |
| Financial income | 75/76B | €174 | €9 | -€165 | -94.8% |
| Recurring financial income | 75 | €174 | €9 | -€165 | -94.8% |
| Financial charges | 65/66B | €1,051 | -€4 | -€1,055 | |
| Recurring financial charges | 65 | €1,051 | -€4 | -€1,055 | |
| Profit (loss) for the period before taxes | 9903 | €71,799 | €70,208 | -€1,591 | -2.2% |
| Income taxes | 67/77 | €18,034 | €15,000 | -€3,034 | -16.8% |
| Profit (loss) for the period | 9904 | €53,765 | €55,208 | +€1,443 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €53,765 | €55,208 | +€1,443 | +2.7% |
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 8 October 2026 via checked.be.