Green Maky: 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.
Green Maky
Largest movements
- Cash +€46,004
up €46,004 (+112.4%), from €40,944 to €86,949
mainly Net result for the year (+€44,043) and Tax, wage and social debts (+€7,112)
- Receivables within one year -€3,141
down €3,141 (-22.5%), from €13,939 to €10,798
- Deferred charges and accrued income +€1,260
new in 2025: €1,260
- Tangible fixed assets +€1,212
up €1,212 (+45.1%), from €2,687 to €3,899
of which Plant, machinery and equipment: +€1,584
- Reserves +€44,043
up €44,043 (+133.8%), from €32,925 to €76,968
- Tax, wage and social debts +€7,112
up €7,112 (+48.5%), from €14,656 to €21,769
- Other debts -€5,752
down €5,752 (-90.6%), from €6,347 to €595
- Gross operating margin +€11,553
up €11,553 (+24.3%), from €47,517 to €59,071
- Taxes +€2,624
up €2,624 (+30.3%), from €8,648 to €11,271
- Financial charges +€1,007
up €1,007 (+55.2%), from €1,824 to €2,831
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.
Cash bridge derived
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 | €57,570 | €102,906 | +€45,336 | +78.7% |
| Fixed assets | 21/28 | €2,687 | €3,899 | +€1,212 | +45.1% |
| Tangible fixed assets | 22/27 | €2,687 | €3,899 | +€1,212 | +45.1% |
| Land and buildings | 22 | €1,542 | €1,170 | -€372 | -24.1% |
| Plant, machinery and equipment | 23 | €1,145 | €2,729 | +€1,584 | +138.3% |
| Current assets | 29/58 | €54,883 | €99,007 | +€44,124 | +80.4% |
| Amounts receivable within one year | 40/41 | €13,939 | €10,798 | -€3,141 | -22.5% |
| Trade receivables | 40 | €13,939 | €10,798 | -€3,141 | -22.5% |
| Cash at bank and in hand | 54/58 | €40,944 | €86,949 | +€46,004 | +112.4% |
| Deferred charges and accrued income | 490/1 | - | €1,260 | +€1,260 | |
| Total equity and liabilities | 10/49 | €57,570 | €102,906 | +€45,336 | +78.7% |
| Equity | 10/15 | €35,425 | €79,468 | +€44,043 | +124.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €32,925 | €76,968 | +€44,043 | +133.8% |
| Distributable reserves | 133 | €32,925 | €76,968 | +€44,043 | +133.8% |
| Amounts payable | 17/49 | €22,146 | €23,438 | +€1,292 | +5.8% |
| Amounts payable within one year | 42/48 | €22,146 | €23,438 | +€1,292 | +5.8% |
| Trade debts | 44 | €1,142 | €1,075 | -€68 | -5.9% |
| Suppliers | 440/4 | €1,142 | €1,075 | -€68 | -5.9% |
| Taxes, remuneration and social security | 45 | €14,656 | €21,769 | +€7,112 | +48.5% |
| Taxes | 450/3 | €14,656 | €21,769 | +€7,112 | +48.5% |
| Other amounts payable | 47/48 | €6,347 | €595 | -€5,752 | -90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €883 | €1,087 | +€204 | +23.1% |
| Other operating charges | 640/8 | - | €53 | +€53 | |
| Gross operating margin | 9900 | €47,517 | €59,071 | +€11,553 | +24.3% |
| Operating profit (loss) | 9901 | €46,634 | €57,930 | +€11,296 | +24.2% |
| Financial income | 75/76B | €4 | €215 | +€211 | +5394.4% |
| Recurring financial income | 75 | €4 | €215 | +€211 | +5394.4% |
| Financial charges | 65/66B | €1,824 | €2,831 | +€1,007 | +55.2% |
| Recurring financial charges | 65 | €1,824 | €2,831 | +€1,007 | +55.2% |
| Profit (loss) for the period before taxes | 9903 | €44,814 | €55,315 | +€10,500 | +23.4% |
| Income taxes | 67/77 | €8,648 | €11,271 | +€2,624 | +30.3% |
| Profit (loss) for the period | 9904 | €36,166 | €44,043 | +€7,877 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,166 | €44,043 | +€7,877 | +21.8% |
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 11 October 2026 via checked.be.