Macosi: 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.
Macosi
Largest movements
- Cash +€40,136
up €40,136 (+110.2%), from €36,435 to €76,572
mainly Net result for the year (+€58,129) and Depreciation (+€861)
- Tangible fixed assets +€13,719
up €13,719 (+2074.1%), from €661 to €14,381
of which Other tangible fixed assets: +€13,969
- Receivables within one year +€2,047
up €2,047 (+16.2%), from €12,631 to €14,678
of which Other amounts receivable: +€2,180
- Reserves +€58,129
up €58,129 (+171.4%), from €33,911 to €92,040
- Other debts -€1,240
down €1,240 (-16.3%), from €7,619 to €6,379
- Gross operating margin +€30,256
up €30,256 (+66.4%), from €45,599 to €75,855
- Taxes +€5,802
up €5,802 (+56.2%), from €10,325 to €16,127
- Depreciation +€773
up €773 (+883.0%), from €88 to €861
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 | €50,200 | €106,104 | +€55,904 | +111.4% |
| Fixed assets | 21/28 | €661 | €14,381 | +€13,719 | +2074.1% |
| Tangible fixed assets | 22/27 | €661 | €14,381 | +€13,719 | +2074.1% |
| Furniture and vehicles | 24 | €661 | €412 | -€250 | -37.7% |
| Other tangible fixed assets | 26 | - | €13,969 | +€13,969 | |
| Current assets | 29/58 | €49,538 | €91,723 | +€42,185 | +85.2% |
| Amounts receivable within one year | 40/41 | €12,631 | €14,678 | +€2,047 | +16.2% |
| Trade receivables | 40 | €12,566 | €12,433 | -€133 | -1.1% |
| Other amounts receivable | 41 | €65 | €2,246 | +€2,180 | +3332.6% |
| Cash at bank and in hand | 54/58 | €36,435 | €76,572 | +€40,136 | +110.2% |
| Deferred charges and accrued income | 490/1 | €472 | €473 | +€1 | +0.3% |
| Total equity and liabilities | 10/49 | €50,200 | €106,104 | +€55,904 | +111.4% |
| Equity | 10/15 | €36,911 | €95,040 | +€58,129 | +157.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,911 | €92,040 | +€58,129 | +171.4% |
| Distributable reserves | 133 | €33,911 | €92,040 | +€58,129 | +171.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,289 | €11,064 | -€2,225 | -16.7% |
| Amounts payable within one year | 42/48 | €13,289 | €10,549 | -€2,741 | -20.6% |
| Financial debts | 43 | - | €182 | +€182 | |
| Credit institutions | 430/8 | - | €182 | +€182 | |
| Trade debts | 44 | €1,150 | €238 | -€912 | -79.3% |
| Suppliers | 440/4 | €1,150 | €238 | -€912 | -79.3% |
| Taxes, remuneration and social security | 45 | €4,520 | €3,750 | -€770 | -17.0% |
| Taxes | 450/3 | €4,520 | €3,750 | -€770 | -17.0% |
| Other amounts payable | 47/48 | €7,619 | €6,379 | -€1,240 | -16.3% |
| Accrued charges and deferred income | 492/3 | - | €516 | +€516 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88 | €861 | +€773 | +883.0% |
| Other operating charges | 640/8 | €434 | €179 | -€255 | -58.8% |
| Gross operating margin | 9900 | €45,599 | €75,855 | +€30,256 | +66.4% |
| Operating profit (loss) | 9901 | €45,077 | €74,815 | +€29,739 | +66.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €9 | €560 | +€551 | +6295.5% |
| Recurring financial charges | 65 | €9 | €560 | +€551 | +6295.5% |
| Profit (loss) for the period before taxes | 9903 | €45,068 | €74,256 | +€29,188 | +64.8% |
| Income taxes | 67/77 | €10,325 | €16,127 | +€5,802 | +56.2% |
| Profit (loss) for the period | 9904 | €34,744 | €58,129 | +€23,386 | +67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,744 | €58,129 | +€23,386 | +67.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.