De Makelaardij: 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.
De Makelaardij
Largest movements
- Cash -€31,617
down €31,617 (-86.8%), from €36,432 to €4,815
mainly Other debts (-€69,961) and Debts after one year (-€28,716)
- Tangible fixed assets -€14,646
down €14,646 (-3.3%), from €443,014 to €428,368
of which Land and buildings: -€11,825
- Receivables within one year -€10,814
down €10,814 (-34.0%), from €31,808 to €20,994
of which Other amounts receivable: -€7,206
- Other debts -€69,961
down €69,961 (-68.5%), from €102,093 to €32,132
- Trade debts +€34,123
up €34,123 (+239%), from €14,306 to €48,429
- Debts after one year -€28,716
down €28,716 (-8.9%), from €323,422 to €294,706
- Tax, wage and social debts -€17,592
down €17,592 (-40.6%), from €43,337 to €25,745
of which Taxes: -€15,224
- Profit (loss) carried forward +€17,419
no longer reported in 2025 (was -€17,419)
- Gross operating margin -€92,274
down €92,274 (-37.7%), from €244,800 to €152,526
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €512,513 | €457,247 | -€55,265 | -10.8% |
| Fixed assets | 21/28 | €443,914 | €429,268 | -€14,646 | -3.3% |
| Tangible fixed assets | 22/27 | €443,014 | €428,368 | -€14,646 | -3.3% |
| Land and buildings | 22 | €435,358 | €423,533 | -€11,825 | -2.7% |
| Plant, machinery and equipment | 23 | €3,053 | €2,181 | -€872 | -28.6% |
| Furniture and vehicles | 24 | €3,091 | €1,615 | -€1,476 | -47.7% |
| Other tangible fixed assets | 26 | €1,512 | €1,039 | -€473 | -31.3% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €68,599 | €27,979 | -€40,620 | -59.2% |
| Amounts receivable within one year | 40/41 | €31,808 | €20,994 | -€10,814 | -34.0% |
| Trade receivables | 40 | €24,449 | €20,841 | -€3,608 | -14.8% |
| Other amounts receivable | 41 | €7,360 | €154 | -€7,206 | -97.9% |
| Cash at bank and in hand | 54/58 | €36,432 | €4,815 | -€31,617 | -86.8% |
| Deferred charges and accrued income | 490/1 | €359 | €2,170 | +€1,811 | +505% |
| Total equity and liabilities | 10/49 | €512,513 | €457,247 | -€55,265 | -10.8% |
| Equity | 10/15 | €1,181 | €18,618 | +€17,438 | +1,477% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €18 | +€18 | |
| Distributable reserves | 133 | - | €18 | +€18 | |
| Profit (loss) carried forward | 14 | -€17,419 | - | +€17,419 | |
| Amounts payable | 17/49 | €511,332 | €438,629 | -€72,703 | -14.2% |
| Amounts payable after more than one year | 17 | €323,422 | €294,706 | -€28,716 | -8.9% |
| Financial debts | 170/4 | €323,422 | €294,706 | -€28,716 | -8.9% |
| Amounts payable within one year | 42/48 | €187,910 | €135,023 | -€52,887 | -28.1% |
| Current portion of amounts payable after more than one year | 42 | €27,871 | €28,716 | +€845 | +3.0% |
| Trade debts | 44 | €14,306 | €48,429 | +€34,123 | +239% |
| Suppliers | 440/4 | €14,306 | €48,429 | +€34,123 | +239% |
| Advances received on contracts in progress | 46 | €303 | - | -€303 | |
| Taxes, remuneration and social security | 45 | €43,337 | €25,745 | -€17,592 | -40.6% |
| Taxes | 450/3 | €28,748 | €13,523 | -€15,224 | -53.0% |
| Remuneration and social security | 454/9 | €14,589 | €12,222 | -€2,367 | -16.2% |
| Other amounts payable | 47/48 | €102,093 | €32,132 | -€69,961 | -68.5% |
| Accrued charges and deferred income | 492/3 | - | €8,900 | +€8,900 | |
| Remuneration, social security and pensions | 62 | €105,346 | €103,002 | -€2,344 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,393 | €14,646 | -€748 | -4.9% |
| Other operating charges | 640/8 | €5,173 | €7,227 | +€2,055 | +39.7% |
| Gross operating margin | 9900 | €244,800 | €152,526 | -€92,274 | -37.7% |
| Operating profit (loss) | 9901 | €118,889 | €27,651 | -€91,238 | -76.7% |
| Financial income | 75/76B | €256 | €66 | -€190 | -74.2% |
| Recurring financial income | 75 | €256 | €66 | -€190 | -74.2% |
| Financial charges | 65/66B | €12,455 | €10,279 | -€2,176 | -17.5% |
| Recurring financial charges | 65 | €12,455 | €10,279 | -€2,176 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €106,690 | €17,438 | -€89,252 | -83.7% |
| Profit (loss) for the period | 9904 | €106,690 | €17,438 | -€89,252 | -83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €106,690 | €17,438 | -€89,252 | -83.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.