MACOR MIGUEL: 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.
MACOR MIGUEL
Largest movements
- Receivables within one year -€23,398
down €23,398 (-54.4%), from €43,021 to €19,623
of which Trade receivables: -€21,320
- Deferred charges and accrued income -€7,751
down €7,751 (-93.1%), from €8,329 to €578
- Tax, wage and social debts -€16,123
down €16,123 (-61.4%), from €26,270 to €10,147
of which Taxes: -€11,926
- Profit (loss) carried forward -€7,419
down €7,419 (-3.0%), from -€247,205 to -€254,624
- Trade debts -€7,335
down €7,335 (-5.8%), from €127,196 to €119,861
- Other debts -€1,405
down €1,405 (-5.3%), from €26,548 to €25,144
- Gross operating margin -€24,586
down €24,586 (-47.4%), from €51,895 to €27,309
- Financial income +€5,194
up €5,194 (+3,573%), from €145 to €5,339
of which Financial income: +€5,001
- Staff costs +€2,048
up €2,048 (+5.7%), from €36,021 to €38,070
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,269 | €20,987 | -€32,283 | -60.6% |
| Fixed assets | 21/28 | €850 | €100 | -€750 | -88.2% |
| Tangible fixed assets | 22/27 | €549 | €100 | -€449 | -81.8% |
| Plant, machinery and equipment | 23 | €549 | €100 | -€449 | -81.8% |
| Financial fixed assets | 28 | €301 | €0 | -€301 | -100% |
| Current assets | 29/58 | €52,419 | €20,887 | -€31,533 | -60.2% |
| Amounts receivable within one year | 40/41 | €43,021 | €19,623 | -€23,398 | -54.4% |
| Trade receivables | 40 | €40,567 | €19,247 | -€21,320 | -52.6% |
| Other amounts receivable | 41 | €2,454 | €376 | -€2,078 | -84.7% |
| Cash at bank and in hand | 54/58 | €1,069 | €686 | -€384 | -35.9% |
| Deferred charges and accrued income | 490/1 | €8,329 | €578 | -€7,751 | -93.1% |
| Total equity and liabilities | 10/49 | €53,269 | €20,987 | -€32,283 | -60.6% |
| Equity | 10/15 | -€126,745 | -€134,164 | -€7,419 | -5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101,860 | €101,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€247,205 | -€254,624 | -€7,419 | -3.0% |
| Amounts payable | 17/49 | €180,014 | €155,151 | -€24,863 | -13.8% |
| Amounts payable within one year | 42/48 | €180,014 | €155,151 | -€24,863 | -13.8% |
| Trade debts | 44 | €127,196 | €119,861 | -€7,335 | -5.8% |
| Suppliers | 440/4 | €127,196 | €119,861 | -€7,335 | -5.8% |
| Taxes, remuneration and social security | 45 | €26,270 | €10,147 | -€16,123 | -61.4% |
| Taxes | 450/3 | €21,519 | €9,594 | -€11,926 | -55.4% |
| Remuneration and social security | 454/9 | €4,751 | €553 | -€4,198 | -88.4% |
| Other amounts payable | 47/48 | €26,548 | €25,144 | -€1,405 | -5.3% |
| Non-recurring operating income | 76A | €2,891 | €3,306 | +€415 | +14.4% |
| Remuneration, social security and pensions | 62 | €36,021 | €38,070 | +€2,048 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €698 | €449 | -€249 | -35.7% |
| Other operating charges | 640/8 | €352 | €348 | -€5 | -1.3% |
| Non-recurring operating charges | 66A | €1,225 | €610 | -€615 | -50.2% |
| Gross operating margin | 9900 | €51,895 | €27,309 | -€24,586 | -47.4% |
| Operating profit (loss) | 9901 | €13,599 | -€12,167 | -€25,766 | |
| Financial income | 75/76B | €145 | €5,339 | +€5,194 | +3,573% |
| Recurring financial income | 75 | €87 | €5,088 | +€5,001 | +5,737% |
| Non-recurring financial income | 76B | €58 | €251 | +€192 | +331% |
| Financial charges | 65/66B | €228 | €591 | +€363 | +159% |
| Recurring financial charges | 65 | €90 | €591 | +€501 | +558% |
| Non-recurring financial charges | 66B | €138 | €0 | -€138 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | €13,516 | -€7,419 | -€20,936 | |
| Income taxes | 67/77 | -€22 | €0 | +€22 | |
| Profit (loss) for the period | 9904 | €13,538 | -€7,419 | -€20,958 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,538 | -€7,419 | -€20,958 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.