MACOTRA: 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.
MACOTRA
Largest movements
- Tangible fixed assets +€227,484
up €227,484 (+18.3%), from €1.2m to €1.5m
of which Land and buildings: +€229,914
- Receivables within one year -€30,626
down €30,626 (-17.9%), from €170,813 to €140,186
- Revaluation surpluses +€250,000
new in 2024: €250,000
- Trade debts -€74,168
down €74,168 (-77.5%), from €95,675 to €21,507
- Tax, wage and social debts +€26,391
up €26,391 (+419.5%), from €6,291 to €32,682
of which Taxes: +€25,841
- Other operating charges -€103,786
down €103,786 (-88.1%), from €117,859 to €14,073
- Gross operating margin +€54,430
up €54,430 (+103.0%), from €52,852 to €107,281
- Financial charges +€15,207
up €15,207 (+22.9%), from €66,447 to €81,654
- Taxes +€13,979
up €13,979 (+4123.5%), from €339 to €14,318
- Financial income +€8,034
up €8,034 (+61.8%), from €13,001 to €21,035
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,793,063 | €1,994,740 | +€201,677 | +11.2% |
| Fixed assets | 21/28 | €1,621,516 | €1,849,000 | +€227,484 | +14.0% |
| Tangible fixed assets | 22/27 | €1,245,876 | €1,473,360 | +€227,484 | +18.3% |
| Land and buildings | 22 | €1,214,556 | €1,444,470 | +€229,914 | +18.9% |
| Furniture and vehicles | 24 | €25,000 | €25,729 | +€729 | +2.9% |
| Other tangible fixed assets | 26 | €6,320 | €3,162 | -€3,159 | -50.0% |
| Financial fixed assets | 28 | €375,640 | €375,640 | = | 0.0% |
| Current assets | 29/58 | €171,547 | €145,739 | -€25,807 | -15.0% |
| Amounts receivable within one year | 40/41 | €170,813 | €140,186 | -€30,626 | -17.9% |
| Trade receivables | 40 | €170,813 | €140,186 | -€30,626 | -17.9% |
| Cash at bank and in hand | 54/58 | €734 | €5,433 | +€4,698 | +640.0% |
| Deferred charges and accrued income | 490/1 | - | €121 | +€121 | |
| Total equity and liabilities | 10/49 | €1,793,063 | €1,994,740 | +€201,677 | +11.2% |
| Equity | 10/15 | -€80,824 | €151,603 | +€232,427 | |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Revaluation surpluses | 12 | - | €250,000 | +€250,000 | |
| Reserves | 13 | €2,479 | €2,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,881 | -€150,454 | -€17,573 | -13.2% |
| Amounts payable | 17/49 | €1,873,887 | €1,843,136 | -€30,750 | -1.6% |
| Amounts payable after more than one year | 17 | €1,719,739 | €1,732,868 | +€13,129 | +0.8% |
| Financial debts | 170/4 | €715,446 | €687,642 | -€27,803 | -3.9% |
| Other amounts payable | 178/9 | €1,004,294 | €1,045,226 | +€40,932 | +4.1% |
| Amounts payable within one year | 42/48 | €149,382 | €103,604 | -€45,778 | -30.6% |
| Current portion of amounts payable after more than one year | 42 | €45,568 | €47,920 | +€2,352 | +5.2% |
| Trade debts | 44 | €95,675 | €21,507 | -€74,168 | -77.5% |
| Suppliers | 440/4 | €95,675 | €21,507 | -€74,168 | -77.5% |
| Taxes, remuneration and social security | 45 | €6,291 | €32,682 | +€26,391 | +419.5% |
| Taxes | 450/3 | €6,291 | €32,132 | +€25,841 | +410.8% |
| Remuneration and social security | 454/9 | - | €550 | +€550 | |
| Other amounts payable | 47/48 | €1,848 | €1,494 | -€353 | -19.1% |
| Accrued charges and deferred income | 492/3 | €4,765 | €6,664 | +€1,899 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,988 | €35,845 | +€6,857 | +23.7% |
| Other operating charges | 640/8 | €117,859 | €14,073 | -€103,786 | -88.1% |
| Gross operating margin | 9900 | €52,852 | €107,281 | +€54,430 | +103.0% |
| Operating profit (loss) | 9901 | -€93,996 | €57,363 | +€151,359 | |
| Financial income | 75/76B | €13,001 | €21,035 | +€8,034 | +61.8% |
| Recurring financial income | 75 | €13,001 | €21,035 | +€8,034 | +61.8% |
| Financial charges | 65/66B | €66,447 | €81,654 | +€15,207 | +22.9% |
| Recurring financial charges | 65 | €66,447 | €81,654 | +€15,207 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | -€147,442 | -€3,255 | +€144,186 | +97.8% |
| Income taxes | 67/77 | €339 | €14,318 | +€13,979 | +4123.5% |
| Profit (loss) for the period | 9904 | -€147,781 | -€17,573 | +€130,208 | +88.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€147,781 | -€17,573 | +€130,208 | +88.1% |
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 4 October 2026 via checked.be.