INTERIEUR MADEKO: what changed
INTERIEUR MADEKO
Largest movements
- Tangible fixed assets +€27,541
up €27,541 (+121%), from €22,836 to €50,377
of which Furniture and vehicles: +€27,833
- Receivables within one year -€15,477
down €15,477 (-73.2%), from €21,156 to €5,680
of which Trade receivables: -€10,800
- Stocks and contracts +€10,001
up €10,001 (+28.4%), from €35,213 to €45,214
- Cash +€5,380
up €5,380 (+50.4%), from €10,672 to €16,052
mainly Depreciation (+€17,704) and Receivables within one year (+€15,477)
- Debts after one year +€9,814
up €9,814 (+19.6%), from €50,127 to €59,941
- Other debts +€8,082
up €8,082 (+590%), from €1,369 to €9,451
- Current portion of long-term debt +€6,549
up €6,549 (+43.6%), from €15,028 to €21,578
- Trade debts +€3,585
up €3,585 (+28.2%), from €12,709 to €16,295
- Tax, wage and social debts -€2,761
down €2,761 (-87.7%), from €3,150 to €389
of which Remuneration and social security: -€2,158
- Staff costs -€24,139
down €24,139 (-42.9%), from €56,322 to €32,184
- Gross operating margin -€19,810
down €19,810 (-26.0%), from €76,123 to €56,312
- Depreciation +€3,638
up €3,638 (+25.9%), from €14,067 to €17,704
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,231 | €119,400 | +€27,169 | +29.5% |
| Fixed assets | 21/28 | €22,836 | €50,377 | +€27,541 | +121% |
| Tangible fixed assets | 22/27 | €22,836 | €50,377 | +€27,541 | +121% |
| Land and buildings | 22 | €12,000 | €9,000 | -€3,000 | -25.0% |
| Plant, machinery and equipment | 23 | €8,126 | €10,834 | +€2,708 | +33.3% |
| Furniture and vehicles | 24 | €2,710 | €30,543 | +€27,833 | +1,027% |
| Current assets | 29/58 | €69,395 | €69,023 | -€373 | -0.5% |
| Stocks and contracts in progress | 3 | €35,213 | €45,214 | +€10,001 | +28.4% |
| Stocks | 30/36 | €35,213 | €45,214 | +€10,001 | +28.4% |
| Amounts receivable within one year | 40/41 | €21,156 | €5,680 | -€15,477 | -73.2% |
| Trade receivables | 40 | €14,394 | €3,595 | -€10,800 | -75.0% |
| Other amounts receivable | 41 | €6,762 | €2,085 | -€4,677 | -69.2% |
| Cash at bank and in hand | 54/58 | €10,672 | €16,052 | +€5,380 | +50.4% |
| Deferred charges and accrued income | 490/1 | €2,355 | €2,078 | -€277 | -11.8% |
| Total equity and liabilities | 10/49 | €92,231 | €119,400 | +€27,169 | +29.5% |
| Equity | 10/15 | €9,848 | €11,747 | +€1,900 | +19.3% |
| Contributions | 10/11 | €15,200 | €15,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,352 | -€3,453 | +€1,900 | +35.5% |
| Amounts payable | 17/49 | €82,384 | €107,653 | +€25,269 | +30.7% |
| Amounts payable after more than one year | 17 | €50,127 | €59,941 | +€9,814 | +19.6% |
| Financial debts | 170/4 | €50,127 | €59,941 | +€9,814 | +19.6% |
| Amounts payable within one year | 42/48 | €32,256 | €47,712 | +€15,455 | +47.9% |
| Current portion of amounts payable after more than one year | 42 | €15,028 | €21,578 | +€6,549 | +43.6% |
| Trade debts | 44 | €12,709 | €16,295 | +€3,585 | +28.2% |
| Suppliers | 440/4 | €12,709 | €16,295 | +€3,585 | +28.2% |
| Taxes, remuneration and social security | 45 | €3,150 | €389 | -€2,761 | -87.7% |
| Taxes | 450/3 | €992 | €389 | -€603 | -60.8% |
| Remuneration and social security | 454/9 | €2,158 | €0 | -€2,158 | -100% |
| Other amounts payable | 47/48 | €1,369 | €9,451 | +€8,082 | +590% |
| Remuneration, social security and pensions | 62 | €56,322 | €32,184 | -€24,139 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,067 | €17,704 | +€3,638 | +25.9% |
| Other operating charges | 640/8 | €1,039 | €760 | -€278 | -26.8% |
| Gross operating margin | 9900 | €76,123 | €56,312 | -€19,810 | -26.0% |
| Operating profit (loss) | 9901 | €4,695 | €5,664 | +€969 | +20.6% |
| Financial income | 75/76B | €359 | €427 | +€68 | +18.9% |
| Recurring financial income | 75 | €359 | €427 | +€68 | +18.9% |
| Financial charges | 65/66B | €3,604 | €3,933 | +€328 | +9.1% |
| Recurring financial charges | 65 | €3,604 | €3,933 | +€328 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €1,449 | €2,158 | +€709 | +48.9% |
| Income taxes | 67/77 | €908 | €258 | -€650 | -71.6% |
| Profit (loss) for the period | 9904 | €541 | €1,900 | +€1,358 | +251% |
| Profit (loss) for the period to be appropriated | 9905 | €541 | €1,900 | +€1,358 | +251% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.