MACS: what changed
Two financial 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.
MACS
Largest movements
- Receivables within one year -€328,085
down €328,085 (-75.3%), from €435,894 to €107,810
- Cash +€153,380
up €153,380 (+17.1%), from €899,004 to €1.1m
mainly Receivables within one year (+€328,085) and Net result for the year (+€107,939)
- Deferred charges and accrued income -€15,775
no longer reported in 2024 (was €15,775)
- Trade debts -€366,460
down €366,460 (-95.2%), from €384,814 to €18,354
- Profit (loss) carried forward +€107,939
up €107,939 (+12.5%), from €862,557 to €970,496
- Accrued charges and deferred income +€41,939
new in 2024: €41,939
- Tax, wage and social debts +€19,318
up €19,318 (+22.7%), from €85,093 to €104,411
of which Taxes: +€33,179
- Other operating charges +€42,434
up €42,434 (+35.4%), from €120,000 to €162,434
- Taxes +€26,438
up €26,438 (+76.4%), from €34,625 to €61,063
- Gross operating margin +€14,833
up €14,833 (+3.4%), from €435,710 to €450,543
- Financial income -€9,241
no longer reported in 2024 (was €9,241)
- Staff costs -€7,117
down €7,117 (-5.7%), from €125,190 to €118,073
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.
Derived cash bridge
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 | €1,352,924 | €1,162,444 | -€190,480 | -14.1% |
| Fixed assets | 21/28 | €2,250 | €2,250 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | 0.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €1,350,673 | €1,160,194 | -€190,480 | -14.1% |
| Amounts receivable within one year | 40/41 | €435,894 | €107,810 | -€328,085 | -75.3% |
| Trade receivables | 40 | €435,894 | €107,810 | -€328,085 | -75.3% |
| Cash at bank and in hand | 54/58 | €899,004 | €1,052,384 | +€153,380 | +17.1% |
| Deferred charges and accrued income | 490/1 | €15,775 | - | -€15,775 | |
| Total equity and liabilities | 10/49 | €1,352,924 | €1,162,444 | -€190,480 | -14.1% |
| Equity | 10/15 | €883,017 | €990,956 | +€107,939 | +12.2% |
| 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 | €862,557 | €970,496 | +€107,939 | +12.5% |
| Amounts payable | 17/49 | €469,907 | €171,488 | -€298,419 | -63.5% |
| Amounts payable within one year | 42/48 | €469,907 | €129,549 | -€340,357 | -72.4% |
| Trade debts | 44 | €384,814 | €18,354 | -€366,460 | -95.2% |
| Suppliers | 440/4 | €384,814 | €18,354 | -€366,460 | -95.2% |
| Advances received on contracts in progress | 46 | - | €6,784 | +€6,784 | |
| Taxes, remuneration and social security | 45 | €85,093 | €104,411 | +€19,318 | +22.7% |
| Taxes | 450/3 | €55,713 | €88,892 | +€33,179 | +59.6% |
| Remuneration and social security | 454/9 | €29,380 | €15,519 | -€13,861 | -47.2% |
| Accrued charges and deferred income | 492/3 | - | €41,939 | +€41,939 | |
| Remuneration, social security and pensions | 62 | €125,190 | €118,073 | -€7,117 | -5.7% |
| Other operating charges | 640/8 | €120,000 | €162,434 | +€42,434 | +35.4% |
| Gross operating margin | 9900 | €435,710 | €450,543 | +€14,833 | +3.4% |
| Operating profit (loss) | 9901 | €190,520 | €170,036 | -€20,485 | -10.8% |
| Financial income | 75/76B | €9,241 | - | -€9,241 | |
| Recurring financial income | 75 | €9,241 | - | -€9,241 | |
| Financial charges | 65/66B | €1,236 | €1,034 | -€202 | -16.4% |
| Recurring financial charges | 65 | €1,236 | €1,034 | -€202 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €198,526 | €169,002 | -€29,524 | -14.9% |
| Income taxes | 67/77 | €34,625 | €61,063 | +€26,438 | +76.4% |
| Profit (loss) for the period | 9904 | €163,901 | €107,939 | -€55,962 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €163,901 | €107,939 | -€55,962 | -34.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.