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MAHEKO: 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.

What changed

MAHEKO

BE 0803.379.437
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€4,487
2023 · -€2,738-€1,749
Equity
-€2,225
2023 · €2,262-€4,487
Cash
€1,316
2023 · €2,244-€927
Balance sheet total
€300,775
2023 · €2,299+€298,476

Largest movements

2023 to 2024
Assets
  • Financial fixed assets +€299,000

    new in 2024: €299,000

Equity and liabilities
  • Other debts +€303,000

    new in 2024: €303,000

  • Profit (loss) carried forward -€4,487

    down €4,487 (-163.9%), from -€2,738 to -€7,225

Income statement
  • Gross operating margin -€2,049

    down €2,049 (-88.5%), from -€2,316 to -€4,365

  • Other operating charges -€360

    down €360 (-85.3%), from €422 to €62

  • Financial charges +€60

    new in 2024: €60

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€2,738
Gross operating margin -€2,049
Other operating charges +€360
Financial income +€0
Financial charges -€60
Result 2024 -€4,487

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€298,073
Investment -€299,000
Financing €0
Cash 2023 €2,244
Net result for the year -€4,487
Smaller working-capital items -€440
Other debts +€303,000
Investment in fixed assets (net) -€299,000
Cash 2024 €1,316
Every line side by side 26 lines
Line Code 2023 2024 Change %
Total assets 20/58 €2,299 €300,775 +€298,476 +12981.4%
Fixed assets 21/28 - €299,000 +€299,000
Financial fixed assets 28 - €299,000 +€299,000
Current assets 29/58 €2,299 €1,775 -€524 -22.8%
Amounts receivable within one year 40/41 €56 €459 +€403 +726.2%
Other amounts receivable 41 €56 €459 +€403 +726.2%
Cash at bank and in hand 54/58 €2,244 €1,316 -€927 -41.3%
Total equity and liabilities 10/49 €2,299 €300,775 +€298,476 +12981.4%
Equity 10/15 €2,262 -€2,225 -€4,487
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 -€2,738 -€7,225 -€4,487 -163.9%
Amounts payable 17/49 €37 €303,000 +€302,963 +815512.4%
Amounts payable within one year 42/48 €37 €303,000 +€302,963 +815512.4%
Trade debts 44 €37 - -€37
Suppliers 440/4 €37 - -€37
Other amounts payable 47/48 - €303,000 +€303,000
Other operating charges 640/8 €422 €62 -€360 -85.3%
Gross operating margin 9900 -€2,316 -€4,365 -€2,049 -88.5%
Operating profit (loss) 9901 -€2,738 -€4,427 -€1,689 -61.7%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B - €60 +€60
Recurring financial charges 65 - €60 +€60
Profit (loss) for the period before taxes 9903 -€2,738 -€4,487 -€1,749 -63.9%
Profit (loss) for the period 9904 -€2,738 -€4,487 -€1,749 -63.9%
Profit (loss) for the period to be appropriated 9905 -€2,738 -€4,487 -€1,749 -63.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.