MACROS: what changed
MACROS
Largest movements
- Tangible fixed assets -€697,374
down €697,374 (-99.6%), from €700,063 to €2,689
of which Land and buildings: -€689,551
- Receivables within one year +€86,279
up €86,279 (+16.1%), from €534,610 to €620,889
of which Trade receivables: +€66,207
- Cash +€17,608
up €17,608 (+18,913%), from €93 to €17,701
mainly Investment in fixed assets (net) (+€692,555) and Depreciation (+€4,818)
- Short-term financial debts -€258,866
no longer reported in 2024 (was €258,866)
- Profit (loss) carried forward -€108,968
down €108,968 (-87.5%), from €124,482 to €15,515
- Debts after one year -€106,224
no longer reported in 2024 (was €106,224)
- Other debts -€58,288
no longer reported in 2024 (was €58,288)
- Current portion of long-term debt -€42,849
down €42,849 (-97.6%), from €43,892 to €1,042
- Gross operating margin -€103,673
down €103,673, from €65,174 to -€38,500
- Depreciation -€26,011
down €26,011 (-84.4%), from €30,829 to €4,818
- Other operating charges +€25,666
up €25,666 (+1,225%), from €2,095 to €27,762
- Financial charges +€21,841
up €21,841 (+126%), from €17,373 to €39,214
- Taxes -€5,753
down €5,753 (-100%), from €5,753 to €0
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,237,755 | €643,648 | -€594,107 | -48.0% |
| Fixed assets | 21/28 | €701,563 | €4,189 | -€697,374 | -99.4% |
| Tangible fixed assets | 22/27 | €700,063 | €2,689 | -€697,374 | -99.6% |
| Land and buildings | 22 | €689,551 | - | -€689,551 | |
| Plant, machinery and equipment | 23 | €4,711 | €1,170 | -€3,541 | -75.2% |
| Furniture and vehicles | 24 | €5,801 | €1,519 | -€4,281 | -73.8% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €536,192 | €639,459 | +€103,267 | +19.3% |
| Amounts receivable within one year | 40/41 | €534,610 | €620,889 | +€86,279 | +16.1% |
| Trade receivables | 40 | €528,245 | €594,453 | +€66,207 | +12.5% |
| Other amounts receivable | 41 | €6,364 | €26,436 | +€20,072 | +315% |
| Cash at bank and in hand | 54/58 | €93 | €17,701 | +€17,608 | +18,913% |
| Deferred charges and accrued income | 490/1 | €1,489 | €868 | -€621 | -41.7% |
| Total equity and liabilities | 10/49 | €1,237,755 | €643,648 | -€594,107 | -48.0% |
| Equity | 10/15 | €144,942 | €35,975 | -€108,968 | -75.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €124,482 | €15,515 | -€108,968 | -87.5% |
| Amounts payable | 17/49 | €1,092,813 | €607,673 | -€485,140 | -44.4% |
| Amounts payable after more than one year | 17 | €106,224 | - | -€106,224 | |
| Financial debts | 170/4 | €106,224 | - | -€106,224 | |
| Amounts payable within one year | 42/48 | €986,589 | €607,673 | -€378,915 | -38.4% |
| Current portion of amounts payable after more than one year | 42 | €43,892 | €1,042 | -€42,849 | -97.6% |
| Financial debts | 43 | €258,866 | - | -€258,866 | |
| Credit institutions | 430/8 | €258,866 | - | -€258,866 | |
| Trade debts | 44 | €625,542 | €606,631 | -€18,912 | -3.0% |
| Suppliers | 440/4 | €625,542 | €606,631 | -€18,912 | -3.0% |
| Other amounts payable | 47/48 | €58,288 | - | -€58,288 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,829 | €4,818 | -€26,011 | -84.4% |
| Other operating charges | 640/8 | €2,095 | €27,762 | +€25,666 | +1,225% |
| Gross operating margin | 9900 | €65,174 | -€38,500 | -€103,673 | |
| Operating profit (loss) | 9901 | €32,249 | -€71,080 | -€103,329 | |
| Financial income | 75/76B | €146 | €1,327 | +€1,181 | +807% |
| Recurring financial income | 75 | €146 | €1,327 | +€1,181 | +807% |
| Financial charges | 65/66B | €17,373 | €39,214 | +€21,841 | +126% |
| Recurring financial charges | 65 | €17,373 | €39,214 | +€21,841 | +126% |
| Profit (loss) for the period before taxes | 9903 | €15,022 | -€108,968 | -€123,990 | |
| Income taxes | 67/77 | €5,753 | €0 | -€5,753 | -100% |
| Profit (loss) for the period | 9904 | €9,269 | -€108,968 | -€118,237 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,269 | -€108,968 | -€118,237 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.