MADE I.T.: 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.
MADE I.T.
Largest movements
- Receivables within one year -€17,230
down €17,230 (-79.5%), from €21,673 to €4,443
of which Trade receivables: -€18,480
- Stocks and contracts +€9,337
new in 2025: €9,337
- Cash +€5,693
up €5,693 (+230%), from €2,473 to €8,165
mainly Receivables within one year (+€17,230) and Other debts (+€8,228)
- Tangible fixed assets -€1,034
down €1,034 (-99.0%), from €1,045 to €11
- Deferred charges and accrued income +€553
new in 2025: €553
- Profit (loss) carried forward -€13,390
down €13,390, from €3,276 to -€10,113
- Other debts +€8,228
up €8,228 (+401%), from €2,052 to €10,280
- Trade debts +€1,991
up €1,991 (+71.0%), from €2,805 to €4,796
- Tax, wage and social debts +€489
up €489 (+3.4%), from €14,557 to €15,046
of which Remuneration and social security: +€4,163
- Gross operating margin -€12,785
down €12,785 (-31.0%), from €41,208 to €28,423
- Staff costs +€5,312
up €5,312 (+15.3%), from €34,659 to €39,971
- Taxes -€1,239
no longer reported in 2025 (was €1,239)
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 | €25,191 | €22,509 | -€2,681 | -10.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,045 | €11 | -€1,034 | -99.0% |
| Tangible fixed assets | 22/27 | €1,045 | €11 | -€1,034 | -99.0% |
| Plant, machinery and equipment | 23 | €1,045 | €11 | -€1,034 | -99.0% |
| Current assets | 29/58 | €24,146 | €22,499 | -€1,647 | -6.8% |
| Stocks and contracts in progress | 3 | - | €9,337 | +€9,337 | |
| Contracts in progress | 37 | - | €9,337 | +€9,337 | |
| Amounts receivable within one year | 40/41 | €21,673 | €4,443 | -€17,230 | -79.5% |
| Trade receivables | 40 | €21,673 | €3,193 | -€18,480 | -85.3% |
| Other amounts receivable | 41 | - | €1,250 | +€1,250 | |
| Cash at bank and in hand | 54/58 | €2,473 | €8,165 | +€5,693 | +230% |
| Deferred charges and accrued income | 490/1 | - | €553 | +€553 | |
| Total equity and liabilities | 10/49 | €25,191 | €22,509 | -€2,681 | -10.6% |
| Equity | 10/15 | €5,776 | -€7,613 | -€13,390 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,276 | -€10,113 | -€13,390 | |
| Amounts payable | 17/49 | €19,415 | €30,123 | +€10,708 | +55.2% |
| Amounts payable within one year | 42/48 | €19,415 | €30,123 | +€10,708 | +55.2% |
| Trade debts | 44 | €2,805 | €4,796 | +€1,991 | +71.0% |
| Suppliers | 440/4 | €2,805 | €4,796 | +€1,991 | +71.0% |
| Taxes, remuneration and social security | 45 | €14,557 | €15,046 | +€489 | +3.4% |
| Taxes | 450/3 | €7,606 | €3,931 | -€3,674 | -48.3% |
| Remuneration and social security | 454/9 | €6,952 | €11,115 | +€4,163 | +59.9% |
| Other amounts payable | 47/48 | €2,052 | €10,280 | +€8,228 | +401% |
| Remuneration, social security and pensions | 62 | €34,659 | €39,971 | +€5,312 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,203 | €1,034 | -€169 | -14.1% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | - | €128 | +€128 | |
| Gross operating margin | 9900 | €41,208 | €28,423 | -€12,785 | -31.0% |
| Operating profit (loss) | 9901 | €4,841 | -€13,229 | -€18,070 | |
| Financial income | 75/76B | €415 | €52 | -€363 | -87.5% |
| Recurring financial income | 75 | €415 | €52 | -€363 | -87.5% |
| Financial charges | 65/66B | €86 | €213 | +€127 | +148% |
| Recurring financial charges | 65 | €86 | €213 | +€127 | +148% |
| Profit (loss) for the period before taxes | 9903 | €5,170 | -€13,390 | -€18,560 | |
| Income taxes | 67/77 | €1,239 | - | -€1,239 | |
| Profit (loss) for the period | 9904 | €3,931 | -€13,390 | -€17,321 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,931 | -€13,390 | -€17,321 |
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 16 October 2026 via checked.be.