MadaM Agency: 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.
MadaM Agency
Largest movements
- Cash +€51,271
up €51,271 (+4,050%), from €1,266 to €52,537
mainly Net result for the year (+€25,781) and Tax, wage and social debts (+€13,126)
- Financial fixed assets +€1,900
new in 2025: €1,900
- Profit (loss) carried forward +€25,781
up €25,781 (+450%), from €5,726 to €31,507
- Tax, wage and social debts +€13,126
up €13,126 (+408%), from €3,220 to €16,346
of which Taxes: +€12,410
- Trade debts +€7,400
up €7,400 (+389%), from €1,900 to €9,299
- Other debts +€6,860
up €6,860 (+1,867%), from €367 to €7,227
- Gross operating margin +€28,410
up €28,410 (+375%), from €7,575 to €35,986
- Taxes +€7,283
up €7,283 (+498%), from €1,462 to €8,744
- Other operating charges +€1,063
up €1,063 (+275%), from €387 to €1,451
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 | €14,213 | €67,440 | +€53,227 | +374% |
| Fixed assets | 21/28 | - | €1,900 | +€1,900 | |
| Financial fixed assets | 28 | - | €1,900 | +€1,900 | |
| Current assets | 29/58 | €14,213 | €65,540 | +€51,327 | +361% |
| Amounts receivable within one year | 40/41 | €12,947 | €12,855 | -€92 | -0.7% |
| Trade receivables | 40 | €12,947 | €12,819 | -€128 | -1.0% |
| Other amounts receivable | 41 | - | €36 | +€36 | |
| Cash at bank and in hand | 54/58 | €1,266 | €52,537 | +€51,271 | +4,050% |
| Deferred charges and accrued income | 490/1 | - | €148 | +€148 | |
| Total equity and liabilities | 10/49 | €14,213 | €67,440 | +€53,227 | +374% |
| Equity | 10/15 | €8,726 | €34,507 | +€25,781 | +295% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,726 | €31,507 | +€25,781 | +450% |
| Amounts payable | 17/49 | €5,487 | €32,933 | +€27,446 | +500% |
| Amounts payable within one year | 42/48 | €5,487 | €32,933 | +€27,446 | +500% |
| Financial debts | 43 | - | €61 | +€61 | |
| Credit institutions | 430/8 | - | €61 | +€61 | |
| Trade debts | 44 | €1,900 | €9,299 | +€7,400 | +389% |
| Suppliers | 440/4 | €1,900 | €9,299 | +€7,400 | +389% |
| Taxes, remuneration and social security | 45 | €3,220 | €16,346 | +€13,126 | +408% |
| Taxes | 450/3 | €3,220 | €15,630 | +€12,410 | +385% |
| Remuneration and social security | 454/9 | - | €716 | +€716 | |
| Other amounts payable | 47/48 | €367 | €7,227 | +€6,860 | +1,867% |
| Other operating charges | 640/8 | €387 | €1,451 | +€1,063 | +275% |
| Gross operating margin | 9900 | €7,575 | €35,986 | +€28,410 | +375% |
| Operating profit (loss) | 9901 | €7,188 | €34,535 | +€27,347 | +380% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €10 | +€10 | |
| Recurring financial charges | 65 | - | €10 | +€10 | |
| Profit (loss) for the period before taxes | 9903 | €7,188 | €34,525 | +€27,337 | +380% |
| Income taxes | 67/77 | €1,462 | €8,744 | +€7,283 | +498% |
| Profit (loss) for the period | 9904 | €5,726 | €25,781 | +€20,055 | +350% |
| Profit (loss) for the period to be appropriated | 9905 | €5,726 | €25,781 | +€20,055 | +350% |
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 29 October 2026 via checked.be.