MADEXPERIENCE: what changed
Two fiscal 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.
MADEXPERIENCE
Largest movements
- Cash +€14,894
up €14,894 (+104.3%), from €14,276 to €29,169
mainly Other debts (+€5,853) and Advances received (+€5,793)
- Deferred charges and accrued income +€4,284
up €4,284 (+442.7%), from €968 to €5,252
- Tangible fixed assets -€3,828
down €3,828 (-28.7%), from €13,358 to €9,530
of which Land and buildings: -€2,285
- Receivables within one year -€3,474
down €3,474 (-92.0%), from €3,778 to €304
of which Trade receivables: -€3,217
- Other debts +€5,853
up €5,853 (+13437.3%), from €44 to €5,897
- Advances received +€5,793
up €5,793 (+20.0%), from €28,962 to €34,755
- Trade debts -€677
down €677 (-35.0%), from €1,936 to €1,259
- Short-term financial debts +€611
up €611 (+485.0%), from €126 to €737
- Tax, wage and social debts +€516
up €516 (+54.7%), from €943 to €1,459
- Depreciation +€1,156
up €1,156 (+43.2%), from €2,672 to €3,828
- Gross operating margin +€659
up €659 (+14.0%), from €4,726 to €5,386
- Taxes -€427
down €427 (-45.3%), from €943 to €516
- Other operating charges +€372
up €372 (+69.5%), from €535 to €907
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 | €32,380 | €44,255 | +€11,875 | +36.7% |
| Fixed assets | 21/28 | €13,358 | €9,530 | -€3,828 | -28.7% |
| Tangible fixed assets | 22/27 | €13,358 | €9,530 | -€3,828 | -28.7% |
| Land and buildings | 22 | €10,016 | €7,731 | -€2,285 | -22.8% |
| Plant, machinery and equipment | 23 | €1,479 | €879 | -€600 | -40.6% |
| Furniture and vehicles | 24 | €1,864 | €920 | -€944 | -50.6% |
| Current assets | 29/58 | €19,021 | €34,725 | +€15,703 | +82.6% |
| Amounts receivable within one year | 40/41 | €3,778 | €304 | -€3,474 | -92.0% |
| Trade receivables | 40 | €3,217 | €0 | -€3,217 | -100.0% |
| Other amounts receivable | 41 | €561 | €304 | -€258 | -45.9% |
| Cash at bank and in hand | 54/58 | €14,276 | €29,169 | +€14,894 | +104.3% |
| Deferred charges and accrued income | 490/1 | €968 | €5,252 | +€4,284 | +442.7% |
| Total equity and liabilities | 10/49 | €32,380 | €44,255 | +€11,875 | +36.7% |
| Equity | 10/15 | €369 | €147 | -€222 | -60.1% |
| Profit (loss) carried forward | 14 | €369 | €147 | -€222 | -60.1% |
| Amounts payable | 17/49 | €32,011 | €44,108 | +€12,097 | +37.8% |
| Amounts payable within one year | 42/48 | €32,011 | €44,108 | +€12,097 | +37.8% |
| Financial debts | 43 | €126 | €737 | +€611 | +485.0% |
| Credit institutions | 430/8 | €126 | €737 | +€611 | +485.0% |
| Trade debts | 44 | €1,936 | €1,259 | -€677 | -35.0% |
| Suppliers | 440/4 | €1,936 | €1,259 | -€677 | -35.0% |
| Advances received on contracts in progress | 46 | €28,962 | €34,755 | +€5,793 | +20.0% |
| Taxes, remuneration and social security | 45 | €943 | €1,459 | +€516 | +54.7% |
| Taxes | 450/3 | €943 | €1,459 | +€516 | +54.7% |
| Other amounts payable | 47/48 | €44 | €5,897 | +€5,853 | +13437.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,672 | €3,828 | +€1,156 | +43.2% |
| Other operating charges | 640/8 | €535 | €907 | +€372 | +69.5% |
| Gross operating margin | 9900 | €4,726 | €5,386 | +€659 | +14.0% |
| Operating profit (loss) | 9901 | €1,519 | €651 | -€868 | -57.2% |
| Financial income | 75/76B | €108 | €79 | -€29 | -26.7% |
| Recurring financial income | 75 | €108 | €79 | -€29 | -26.7% |
| Financial charges | 65/66B | €487 | €435 | -€52 | -10.7% |
| Recurring financial charges | 65 | €487 | €435 | -€52 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €1,140 | €295 | -€845 | -74.2% |
| Income taxes | 67/77 | €943 | €516 | -€427 | -45.3% |
| Profit (loss) for the period | 9904 | €196 | -€222 | -€418 | |
| Profit (loss) for the period to be appropriated | 9905 | €196 | -€222 | -€418 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.