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MaCoMIN: 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.

What changed

MaCoMIN

BE 0765.439.668
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€12.8m
2023 · €0+€12.8m
Equity
€18.1m
2023 · €5.2m+€12.8m
Cash
€101,811
2023 · -+€101,811
Balance sheet total
€19.7m
2023 · €5.2m+€14.5m

Largest movements

2023 to 2024
Assets
  • Current investments +€13.1m

    new in 2024: €13.1m

  • Financial fixed assets +€1.1m

    up €1.1m (+20.6%), from €5.2m to €6.3m

Equity and liabilities
  • Reserves +€12.8m

    new in 2024: €12.8m

  • Tax, wage and social debts +€1.3m

    new in 2024: €1.3m

  • Short-term financial debts +€306,143

    new in 2024: €306,143

Income statement
  • Financial income +€14.2m

    new in 2024: €14.2m

  • Taxes +€1.3m

    new in 2024: €1.3m

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €0
Other operating charges -€203
Financial income +€14.2m
Financial charges -€45,802
Taxes -€1.3m
Result 2024 €12.8m

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€14.0m
Investment -€14.2m
Financing +€306,143
Cash 2023 €0
Net result for the year +€12.8m
Receivables within one year -€159,626
Smaller working-capital items -€6,843
Tax, wage and social debts +€1.3m
Investment in fixed assets (net) -€1.1m
Current investments -€13.1m
Short-term financial debts +€306,143
Cash 2024 €101,811
Every line side by side 33 lines
Line Code 2023 2024 Change %
Total assets 20/58 €5,241,905 €19,693,165 +€14.5m +275.7%
Fixed assets 21/28 €5,241,905 €6,324,051 +€1.1m +20.6%
Financial fixed assets 28 €5,241,905 €6,324,051 +€1.1m +20.6%
Current assets 29/58 - €13,369,115 +€13.4m
Amounts receivable within one year 40/41 - €159,626 +€159,626
Other amounts receivable 41 - €159,626 +€159,626
Current investments 50/53 - €13,107,005 +€13.1m
Cash at bank and in hand 54/58 - €101,811 +€101,811
Deferred charges and accrued income 490/1 - €674 +€674
Total equity and liabilities 10/49 €5,241,905 €19,693,165 +€14.5m +275.7%
Equity 10/15 €5,235,736 €18,071,509 +€12.8m +245.2%
Contributions 10/11 €5,241,905 €5,241,905 = 0.0%
Reserves 13 - €12,829,604 +€12.8m
Distributable reserves 133 - €12,829,604 +€12.8m
Profit (loss) carried forward 14 -€6,169 €0 +€6,169
Amounts payable 17/49 €6,169 €1,621,656 +€1.6m +26187.1%
Amounts payable within one year 42/48 €6,169 €1,621,656 +€1.6m +26187.1%
Financial debts 43 - €306,143 +€306,143
Credit institutions 430/8 - €306,143 +€306,143
Taxes, remuneration and social security 45 - €1,315,513 +€1.3m
Taxes 450/3 - €1,315,513 +€1.3m
Other amounts payable 47/48 €6,169 €0 -€6,169 -100.0%
Other operating charges 640/8 €0 €203 +€203
Gross operating margin 9900 €0 - =
Operating profit (loss) 9901 €0 -€203 -€203
Financial income 75/76B - €14,197,291 +€14.2m
Recurring financial income 75 - €14,197,291 +€14.2m
Financial charges 65/66B - €45,802 +€45,802
Recurring financial charges 65 - €45,802 +€45,802
Profit (loss) for the period before taxes 9903 €0 €14,151,286 +€14.2m
Income taxes 67/77 - €1,315,513 +€1.3m
Profit (loss) for the period 9904 €0 €12,835,773 +€12.8m
Profit (loss) for the period to be appropriated 9905 €0 €12,835,773 +€12.8m

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.