Macotech: 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.
Macotech
Largest movements
- Receivables within one year +€77,076
up €77,076 (+131.0%), from €58,844 to €135,920
of which Trade receivables: +€79,504
- Cash +€74,453
up €74,453 (+151.1%), from €49,262 to €123,715
mainly Net result for the year (+€126,012) and Tax, wage and social debts (+€44,726)
- Current investments +€20,000
new in 2025: €20,000
- Reserves +€126,012
up €126,012 (+124.7%), from €101,047 to €227,059
- Tax, wage and social debts +€44,726
up €44,726 (+385.4%), from €11,604 to €56,330
of which Taxes: +€35,777
- Gross operating margin +€167,351
up €167,351 (+329.8%), from €50,737 to €218,088
- Staff costs +€50,039
new in 2025: €50,039
- Taxes +€26,790
up €26,790 (+295.9%), from €9,054 to €35,844
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 | €126,329 | €298,037 | +€171,709 | +135.9% |
| Fixed assets | 21/28 | €17,724 | €16,586 | -€1,138 | -6.4% |
| Tangible fixed assets | 22/27 | €17,724 | €16,586 | -€1,138 | -6.4% |
| Furniture and vehicles | 24 | €17,724 | €16,586 | -€1,138 | -6.4% |
| Current assets | 29/58 | €108,604 | €281,451 | +€172,847 | +159.2% |
| Amounts receivable within one year | 40/41 | €58,844 | €135,920 | +€77,076 | +131.0% |
| Trade receivables | 40 | €56,416 | €135,920 | +€79,504 | +140.9% |
| Other amounts receivable | 41 | €2,428 | €0 | -€2,428 | -100.0% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €49,262 | €123,715 | +€74,453 | +151.1% |
| Deferred charges and accrued income | 490/1 | €498 | €1,816 | +€1,318 | +264.4% |
| Total equity and liabilities | 10/49 | €126,329 | €298,037 | +€171,709 | +135.9% |
| Equity | 10/15 | €105,047 | €231,059 | +€126,012 | +120.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €101,047 | €227,059 | +€126,012 | +124.7% |
| Distributable reserves | 133 | €101,047 | €227,059 | +€126,012 | +124.7% |
| Amounts payable | 17/49 | €21,281 | €66,978 | +€45,696 | +214.7% |
| Amounts payable within one year | 42/48 | €21,281 | €66,978 | +€45,696 | +214.7% |
| Trade debts | 44 | €2,601 | €4,551 | +€1,951 | +75.0% |
| Suppliers | 440/4 | €2,601 | €4,551 | +€1,951 | +75.0% |
| Taxes, remuneration and social security | 45 | €11,604 | €56,330 | +€44,726 | +385.4% |
| Taxes | 450/3 | €11,604 | €47,381 | +€35,777 | +308.3% |
| Remuneration and social security | 454/9 | €0 | €8,949 | +€8,949 | |
| Other amounts payable | 47/48 | €7,077 | €6,097 | -€980 | -13.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €50,039 | +€50,039 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,817 | €6,027 | +€1,210 | +25.1% |
| Other operating charges | 640/8 | €882 | €816 | -€67 | -7.6% |
| Gross operating margin | 9900 | €50,737 | €218,088 | +€167,351 | +329.8% |
| Operating profit (loss) | 9901 | €45,038 | €161,208 | +€116,169 | +257.9% |
| Financial income | 75/76B | €177 | €917 | +€740 | +417.4% |
| Recurring financial income | 75 | €177 | €917 | +€740 | +417.4% |
| Financial charges | 65/66B | €114 | €269 | +€155 | +135.5% |
| Recurring financial charges | 65 | €114 | €269 | +€155 | +135.5% |
| Profit (loss) for the period before taxes | 9903 | €45,101 | €161,856 | +€116,755 | +258.9% |
| Income taxes | 67/77 | €9,054 | €35,844 | +€26,790 | +295.9% |
| Profit (loss) for the period | 9904 | €36,048 | €126,012 | +€89,964 | +249.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,048 | €126,012 | +€89,964 | +249.6% |
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 4 October 2026 via checked.be.