MACR ENGINEERING: 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.
MACR ENGINEERING
Largest movements
- Cash +€103,002
up €103,002 (+679.5%), from €15,158 to €118,160
mainly Current investments (+€87,440) and Net result for the year (+€48,562)
- Current investments -€87,440
down €87,440 (-93.1%), from €93,937 to €6,497
- Receivables within one year +€7,165
up €7,165 (+109.3%), from €6,556 to €13,720
of which Trade receivables: +€9,546
- Reserves +€21,499
up €21,499 (+20.9%), from €102,957 to €124,456
of which Distributable reserves: +€21,499
- Gross operating margin +€27,279
up €27,279 (+72.5%), from €37,648 to €64,928
- Taxes +€5,699
up €5,699 (+75.4%), from €7,563 to €13,262
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,432 | €139,771 | +€22,339 | +19.0% |
| Fixed assets | 21/28 | €1,781 | €1,393 | -€388 | -21.8% |
| Tangible fixed assets | 22/27 | €1,781 | €1,393 | -€388 | -21.8% |
| Plant, machinery and equipment | 23 | €1,781 | €1,393 | -€388 | -21.8% |
| Current assets | 29/58 | €115,650 | €138,377 | +€22,727 | +19.7% |
| Amounts receivable within one year | 40/41 | €6,556 | €13,720 | +€7,165 | +109.3% |
| Trade receivables | 40 | - | €9,546 | +€9,546 | |
| Other amounts receivable | 41 | €6,556 | €4,174 | -€2,381 | -36.3% |
| Current investments | 50/53 | €93,937 | €6,497 | -€87,440 | -93.1% |
| Cash at bank and in hand | 54/58 | €15,158 | €118,160 | +€103,002 | +679.5% |
| Total equity and liabilities | 10/49 | €117,432 | €139,771 | +€22,339 | +19.0% |
| Equity | 10/15 | €107,957 | €129,456 | +€21,499 | +19.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €102,957 | €124,456 | +€21,499 | +20.9% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €100,457 | €121,956 | +€21,499 | +21.4% |
| Profit (loss) carried forward | 14 | €1 | - | -€1 | |
| Amounts payable | 17/49 | €9,474 | €10,315 | +€841 | +8.9% |
| Amounts payable within one year | 42/48 | €9,474 | €10,315 | +€841 | +8.9% |
| Trade debts | 44 | €636 | €503 | -€133 | -20.9% |
| Suppliers | 440/4 | €636 | €503 | -€133 | -20.9% |
| Taxes, remuneration and social security | 45 | €8,838 | €9,812 | +€974 | +11.0% |
| Taxes | 450/3 | €8,838 | €9,812 | +€974 | +11.0% |
| Remuneration, social security and pensions | 62 | €2,910 | €2,429 | -€481 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158 | €388 | +€230 | +145.0% |
| Other operating charges | 640/8 | €1,106 | €1,141 | +€35 | +3.2% |
| Gross operating margin | 9900 | €37,648 | €64,928 | +€27,279 | +72.5% |
| Operating profit (loss) | 9901 | €33,475 | €60,970 | +€27,495 | +82.1% |
| Financial income | 75/76B | €586 | €1,016 | +€430 | +73.3% |
| Recurring financial income | 75 | €586 | €1,016 | +€430 | +73.3% |
| Financial charges | 65/66B | €119 | €162 | +€43 | +36.2% |
| Recurring financial charges | 65 | €119 | €162 | +€43 | +36.2% |
| Profit (loss) for the period before taxes | 9903 | €33,942 | €61,824 | +€27,882 | +82.1% |
| Income taxes | 67/77 | €7,563 | €13,262 | +€5,699 | +75.4% |
| Profit (loss) for the period | 9904 | €26,379 | €48,562 | +€22,183 | +84.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,379 | €48,562 | +€22,183 | +84.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.