MACONS: 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.
MACONS
Largest movements
- Current investments +€24,000
up €24,000 (+70.6%), from €34,000 to €58,000
- Receivables within one year +€10,904
up €10,904 (+3.1%), from €356,905 to €367,808
of which Other amounts receivable: +€9,694
- Profit (loss) carried forward +€19,684
up €19,684 (+9.2%), from €213,985 to €233,669
- Trade debts +€12,117
up €12,117 (+26.6%), from €45,477 to €57,594
- Gross operating margin +€4,709
up €4,709 (+21.2%), from €22,261 to €26,970
- Other operating charges +€803
up €803 (+441.5%), from €182 to €984
- Taxes +€598
up €598 (+10.6%), from €5,661 to €6,259
- Financial charges -€354
down €354 (-89.3%), from €396 to €42
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 | €394,090 | €426,663 | +€32,573 | +8.3% |
| Current assets | 29/58 | €394,090 | €426,663 | +€32,573 | +8.3% |
| Amounts receivable within one year | 40/41 | €356,905 | €367,808 | +€10,904 | +3.1% |
| Trade receivables | 40 | - | €1,210 | +€1,210 | |
| Other amounts receivable | 41 | €356,905 | €366,598 | +€9,694 | +2.7% |
| Current investments | 50/53 | €34,000 | €58,000 | +€24,000 | +70.6% |
| Cash at bank and in hand | 54/58 | €3,186 | €855 | -€2,330 | -73.2% |
| Total equity and liabilities | 10/49 | €394,090 | €426,663 | +€32,573 | +8.3% |
| Equity | 10/15 | €236,728 | €256,412 | +€19,684 | +8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,143 | €4,143 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,143 | €4,143 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,143 | €4,143 | = | 0.0% |
| Profit (loss) carried forward | 14 | €213,985 | €233,669 | +€19,684 | +9.2% |
| Amounts payable | 17/49 | €157,362 | €170,251 | +€12,889 | +8.2% |
| Amounts payable after more than one year | 17 | €93,422 | €93,422 | = | 0.0% |
| Financial debts | 170/4 | €93,422 | €93,422 | = | 0.0% |
| Amounts payable within one year | 42/48 | €63,940 | €76,829 | +€12,889 | +20.2% |
| Trade debts | 44 | €45,477 | €57,594 | +€12,117 | +26.6% |
| Suppliers | 440/4 | €45,477 | €57,594 | +€12,117 | +26.6% |
| Taxes, remuneration and social security | 45 | €18,464 | €19,236 | +€772 | +4.2% |
| Taxes | 450/3 | €18,464 | €19,236 | +€772 | +4.2% |
| Other operating charges | 640/8 | €182 | €984 | +€803 | +441.5% |
| Gross operating margin | 9900 | €22,261 | €26,970 | +€4,709 | +21.2% |
| Operating profit (loss) | 9901 | €22,079 | €25,986 | +€3,906 | +17.7% |
| Financial charges | 65/66B | €396 | €42 | -€354 | -89.3% |
| Recurring financial charges | 65 | €396 | €42 | -€354 | -89.3% |
| Profit (loss) for the period before taxes | 9903 | €21,683 | €25,943 | +€4,260 | +19.6% |
| Income taxes | 67/77 | €5,661 | €6,259 | +€598 | +10.6% |
| Profit (loss) for the period | 9904 | €16,022 | €19,684 | +€3,662 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,022 | €19,684 | +€3,662 | +22.9% |
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 29 September 2026 via checked.be.