MAIKY: 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.
MAIKY
Largest movements
- Receivables within one year +€216,480
up €216,480 (+41.4%), from €522,512 to €738,992
of which Trade receivables: +€207,206
- Intangible fixed assets +€94,109
up €94,109 (+22.2%), from €424,307 to €518,416
- Cash -€39,535
down €39,535 (-23.0%), from €171,712 to €132,177
mainly Receivables within one year (-€216,480) and Investment in fixed assets (net) (-€139,109)
- Accrued charges and deferred income +€154,974
up €154,974 (+70.4%), from €220,225 to €375,200
- Current portion of long-term debt +€100,000
new in 2024: €100,000
- Reserves -€95,498
down €95,498 (-33.5%), from €284,943 to €189,445
of which Distributable reserves: -€95,498
- Trade debts +€71,666
up €71,666 (+12.8%), from €559,312 to €630,978
- Tax, wage and social debts +€35,597
up €35,597 (+110%), from €32,332 to €67,929
of which Taxes: +€35,808
- Gross operating margin -€233,944
down €233,944 (-60.0%), from €389,828 to €155,883
- Depreciation +€40,506
up €40,506 (+594%), from €6,815 to €47,321
- Staff costs +€15,987
up €15,987 (+8.7%), from €182,737 to €198,724
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,155,838 | €1,420,146 | +€264,308 | +22.9% |
| Fixed assets | 21/28 | €455,462 | €547,250 | +€91,788 | +20.2% |
| Intangible fixed assets | 21 | €424,307 | €518,416 | +€94,109 | +22.2% |
| Tangible fixed assets | 22/27 | €31,155 | €28,834 | -€2,320 | -7.4% |
| Plant, machinery and equipment | 23 | €7,672 | €10,301 | +€2,628 | +34.3% |
| Furniture and vehicles | 24 | €3 | €0 | -€3 | -100% |
| Other tangible fixed assets | 26 | €23,479 | €18,534 | -€4,945 | -21.1% |
| Current assets | 29/58 | €700,376 | €872,896 | +€172,520 | +24.6% |
| Amounts receivable within one year | 40/41 | €522,512 | €738,992 | +€216,480 | +41.4% |
| Trade receivables | 40 | €518,154 | €725,361 | +€207,206 | +40.0% |
| Other amounts receivable | 41 | €4,358 | €13,632 | +€9,274 | +213% |
| Cash at bank and in hand | 54/58 | €171,712 | €132,177 | -€39,535 | -23.0% |
| Deferred charges and accrued income | 490/1 | €6,152 | €1,727 | -€4,425 | -71.9% |
| Total equity and liabilities | 10/49 | €1,155,838 | €1,420,146 | +€264,308 | +22.9% |
| Equity | 10/15 | €341,139 | €245,642 | -€95,498 | -28.0% |
| Contributions | 10/11 | €56,197 | €56,197 | = | 0.0% |
| Reserves | 13 | €284,943 | €189,445 | -€95,498 | -33.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €284,943 | €189,445 | -€95,498 | -33.5% |
| Amounts payable | 17/49 | €814,699 | €1,174,504 | +€359,806 | +44.2% |
| Amounts payable within one year | 42/48 | €594,473 | €799,305 | +€204,832 | +34.5% |
| Current portion of amounts payable after more than one year | 42 | - | €100,000 | +€100,000 | |
| Financial debts | 43 | €2,431 | €0 | -€2,431 | -100% |
| Credit institutions | 430/8 | €2,431 | €0 | -€2,431 | -100% |
| Trade debts | 44 | €559,312 | €630,978 | +€71,666 | +12.8% |
| Suppliers | 440/4 | €559,312 | €630,978 | +€71,666 | +12.8% |
| Taxes, remuneration and social security | 45 | €32,332 | €67,929 | +€35,597 | +110% |
| Taxes | 450/3 | €294 | €36,102 | +€35,808 | +12,191% |
| Remuneration and social security | 454/9 | €32,038 | €31,827 | -€211 | -0.7% |
| Other amounts payable | 47/48 | €397 | €397 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €220,225 | €375,200 | +€154,974 | +70.4% |
| Non-recurring operating income | 76A | - | €778 | +€778 | |
| Remuneration, social security and pensions | 62 | €182,737 | €198,724 | +€15,987 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,815 | €47,321 | +€40,506 | +594% |
| Other operating charges | 640/8 | €1,348 | €1,271 | -€77 | -5.7% |
| Gross operating margin | 9900 | €389,828 | €155,883 | -€233,944 | -60.0% |
| Operating profit (loss) | 9901 | €198,928 | -€91,433 | -€290,360 | |
| Financial income | 75/76B | €0 | €110 | +€110 | +1,098,600% |
| Recurring financial income | 75 | €0 | €110 | +€110 | +1,098,600% |
| Financial charges | 65/66B | €3,816 | €3,861 | +€45 | +1.2% |
| Recurring financial charges | 65 | €3,816 | €3,861 | +€45 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €195,112 | -€95,184 | -€290,295 | |
| Income taxes | 67/77 | -€2,668 | €314 | +€2,982 | |
| Profit (loss) for the period | 9904 | €197,780 | -€95,498 | -€293,277 | |
| Profit (loss) for the period to be appropriated | 9905 | €197,780 | -€95,498 | -€293,277 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.