MACSCO: 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.
MACSCO
Largest movements
- Current investments +€65,480
up €65,480 (+13.1%), from €501,353 to €566,833
- Receivables within one year +€6,862
up €6,862 (+99.2%), from €6,919 to €13,782
of which Trade receivables: +€9,142
- Reserves +€72,388
up €72,388 (+13.8%), from €524,940 to €597,328
- Gross operating margin -€46,805
down €46,805 (-36.3%), from €129,083 to €82,278
- Financial income +€19,892
up €19,892 (+1607.2%), from €1,238 to €21,130
- Taxes -€9,332
down €9,332 (-24.8%), from €37,576 to €28,244
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 | €545,964 | €614,619 | +€68,655 | +12.6% |
| Fixed assets | 21/28 | €40 | €40 | = | 0.0% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €545,924 | €614,579 | +€68,655 | +12.6% |
| Amounts receivable within one year | 40/41 | €6,919 | €13,782 | +€6,862 | +99.2% |
| Trade receivables | 40 | €4,639 | €13,782 | +€9,142 | +197.1% |
| Other amounts receivable | 41 | €2,280 | - | -€2,280 | |
| Current investments | 50/53 | €501,353 | €566,833 | +€65,480 | +13.1% |
| Cash at bank and in hand | 54/58 | €35,872 | €32,178 | -€3,694 | -10.3% |
| Deferred charges and accrued income | 490/1 | €1,779 | €1,786 | +€7 | +0.4% |
| Total equity and liabilities | 10/49 | €545,964 | €614,619 | +€68,655 | +12.6% |
| Equity | 10/15 | €531,137 | €603,525 | +€72,388 | +13.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €524,940 | €597,328 | +€72,388 | +13.8% |
| Distributable reserves | 133 | €524,940 | €597,328 | +€72,388 | +13.8% |
| Amounts payable | 17/49 | €14,826 | €11,094 | -€3,733 | -25.2% |
| Amounts payable within one year | 42/48 | €14,826 | €11,094 | -€3,733 | -25.2% |
| Trade debts | 44 | €930 | €2,047 | +€1,117 | +120.1% |
| Suppliers | 440/4 | €930 | €2,047 | +€1,117 | +120.1% |
| Taxes, remuneration and social security | 45 | €13,717 | €8,867 | -€4,850 | -35.4% |
| Taxes | 450/3 | €13,717 | €8,867 | -€4,850 | -35.4% |
| Other amounts payable | 47/48 | €180 | €180 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €682 | - | -€682 | |
| Other operating charges | 640/8 | €1,108 | €1,068 | -€39 | -3.5% |
| Gross operating margin | 9900 | €129,083 | €82,278 | -€46,805 | -36.3% |
| Operating profit (loss) | 9901 | €127,293 | €81,210 | -€46,083 | -36.2% |
| Financial income | 75/76B | €1,238 | €21,130 | +€19,892 | +1607.2% |
| Recurring financial income | 75 | €1,238 | €21,130 | +€19,892 | +1607.2% |
| Financial charges | 65/66B | €1,755 | €1,708 | -€47 | -2.7% |
| Recurring financial charges | 65 | €1,755 | €1,708 | -€47 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €126,776 | €100,631 | -€26,145 | -20.6% |
| Income taxes | 67/77 | €37,576 | €28,244 | -€9,332 | -24.8% |
| Profit (loss) for the period | 9904 | €89,200 | €72,388 | -€16,812 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €89,200 | €72,388 | -€16,812 | -18.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.