Macula Consulting: 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.
Macula Consulting
Largest movements
- Cash -€23,963
down €23,963 (-9.9%), from €242,987 to €219,024
mainly Contributions, distributions and other (-€40,468) and Receivables within one year (-€18,863)
- Receivables within one year +€18,863
up €18,863 (+303%), from €6,228 to €25,091
of which Trade receivables: +€14,925
- Tangible fixed assets -€4,932
down €4,932 (-16.6%), from €29,738 to €24,807
of which Other tangible fixed assets: -€3,667
- Reserves -€7,281
down €7,281 (-3.3%), from €218,283 to €211,001
- Trade debts -€4,028
down €4,028 (-47.5%), from €8,487 to €4,459
- Other debts +€3,583
up €3,583 (+8.5%), from €42,015 to €45,597
- Gross operating margin -€4,318
down €4,318 (-6.9%), from €62,800 to €58,482
- Financial charges +€2,118
up €2,118 (+233%), from €910 to €3,028
- Taxes -€1,719
down €1,719 (-11.5%), from €14,893 to €13,174
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.
Derived cash bridge
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 | €284,950 | €274,707 | -€10,244 | -3.6% |
| Fixed assets | 21/28 | €29,738 | €24,807 | -€4,932 | -16.6% |
| Tangible fixed assets | 22/27 | €29,738 | €24,807 | -€4,932 | -16.6% |
| Plant, machinery and equipment | 23 | €1,136 | €550 | -€586 | -51.6% |
| Furniture and vehicles | 24 | €5,639 | €4,960 | -€679 | -12.0% |
| Other tangible fixed assets | 26 | €22,963 | €19,296 | -€3,667 | -16.0% |
| Current assets | 29/58 | €255,212 | €249,900 | -€5,312 | -2.1% |
| Amounts receivable within one year | 40/41 | €6,228 | €25,091 | +€18,863 | +303% |
| Trade receivables | 40 | €4,310 | €19,236 | +€14,925 | +346% |
| Other amounts receivable | 41 | €1,918 | €5,855 | +€3,938 | +205% |
| Cash at bank and in hand | 54/58 | €242,987 | €219,024 | -€23,963 | -9.9% |
| Deferred charges and accrued income | 490/1 | €5,998 | €5,785 | -€212 | -3.5% |
| Total equity and liabilities | 10/49 | €284,950 | €274,707 | -€10,244 | -3.6% |
| Equity | 10/15 | €224,483 | €217,201 | -€7,281 | -3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €218,283 | €211,001 | -€7,281 | -3.3% |
| Distributable reserves | 133 | €218,283 | €211,001 | -€7,281 | -3.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €60,468 | €57,505 | -€2,963 | -4.9% |
| Amounts payable within one year | 42/48 | €59,688 | €57,106 | -€2,583 | -4.3% |
| Financial debts | 43 | €6 | €106 | +€100 | +1,791% |
| Credit institutions | 430/8 | €6 | €106 | +€100 | +1,791% |
| Trade debts | 44 | €8,487 | €4,459 | -€4,028 | -47.5% |
| Suppliers | 440/4 | €8,487 | €4,459 | -€4,028 | -47.5% |
| Taxes, remuneration and social security | 45 | €9,182 | €6,943 | -€2,238 | -24.4% |
| Taxes | 450/3 | €9,182 | €6,943 | -€2,238 | -24.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €42,015 | €45,597 | +€3,583 | +8.5% |
| Accrued charges and deferred income | 492/3 | €779 | €400 | -€380 | -48.7% |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,976 | €8,542 | +€566 | +7.1% |
| Other operating charges | 640/8 | €921 | €552 | -€368 | -40.0% |
| Gross operating margin | 9900 | €62,800 | €58,482 | -€4,318 | -6.9% |
| Operating profit (loss) | 9901 | €53,904 | €49,388 | -€4,516 | -8.4% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €910 | €3,028 | +€2,118 | +233% |
| Recurring financial charges | 65 | €910 | €3,028 | +€2,118 | +233% |
| Profit (loss) for the period before taxes | 9903 | €52,995 | €46,361 | -€6,634 | -12.5% |
| Income taxes | 67/77 | €14,893 | €13,174 | -€1,719 | -11.5% |
| Profit (loss) for the period | 9904 | €38,101 | €33,187 | -€4,915 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,101 | €33,187 | -€4,915 | -12.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.