MAK DAKWERKEN: what changed
MAK DAKWERKEN
Largest movements
- Receivables within one year +€15,207
up €15,207 (+110%), from €13,789 to €28,996
of which Other amounts receivable: +€14,455
- Tangible fixed assets +€13,498
up €13,498 (+54.4%), from €24,816 to €38,314
of which Furniture and vehicles: +€12,233
- Cash +€6,604
up €6,604 (+474%), from €1,394 to €7,998
mainly Net result for the year (+€49,883) and Debts after one year (+€15,660)
- Profit (loss) carried forward +€18,883
up €18,883 (+125%), from €15,131 to €34,015
- Debts after one year +€15,660
new in 2025: €15,660
- Other debts -€10,762
down €10,762 (-84.3%), from €12,766 to €2,004
- Tax, wage and social debts +€4,883
up €4,883 (+110%), from €4,426 to €9,309
- Current portion of long-term debt +€4,494
new in 2025: €4,494
- Gross operating margin +€26,455
up €26,455 (+59.4%), from €44,533 to €70,988
- Depreciation +€13,274
up €13,274 (+2,945%), from €451 to €13,724
- Taxes +€3,147
up €3,147 (+103%), from €3,047 to €6,194
- Other operating charges +€1,198
up €1,198 (+1,390%), from €86 to €1,285
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,509 | €75,308 | +€34,799 | +85.9% |
| Fixed assets | 21/28 | €24,816 | €38,314 | +€13,498 | +54.4% |
| Tangible fixed assets | 22/27 | €24,816 | €38,314 | +€13,498 | +54.4% |
| Plant, machinery and equipment | 23 | €1,998 | €3,263 | +€1,265 | +63.3% |
| Furniture and vehicles | 24 | €22,818 | €35,050 | +€12,233 | +53.6% |
| Current assets | 29/58 | €15,693 | €36,994 | +€21,301 | +136% |
| Amounts receivable within one year | 40/41 | €13,789 | €28,996 | +€15,207 | +110% |
| Trade receivables | 40 | €2,300 | €3,052 | +€752 | +32.7% |
| Other amounts receivable | 41 | €11,489 | €25,944 | +€14,455 | +126% |
| Cash at bank and in hand | 54/58 | €1,394 | €7,998 | +€6,604 | +474% |
| Deferred charges and accrued income | 490/1 | €510 | - | -€510 | |
| Total equity and liabilities | 10/49 | €40,509 | €75,308 | +€34,799 | +85.9% |
| Equity | 10/15 | €17,431 | €36,315 | +€18,883 | +108% |
| Contributions | 10/11 | €2,100 | €2,100 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,131 | €34,015 | +€18,883 | +125% |
| Amounts payable | 17/49 | €23,077 | €38,993 | +€15,916 | +69.0% |
| Amounts payable after more than one year | 17 | - | €15,660 | +€15,660 | |
| Financial debts | 170/4 | - | €15,660 | +€15,660 | |
| Amounts payable within one year | 42/48 | €23,077 | €23,334 | +€256 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | - | €4,494 | +€4,494 | |
| Trade debts | 44 | €5,886 | €6,609 | +€723 | +12.3% |
| Suppliers | 440/4 | €5,886 | €6,609 | +€723 | +12.3% |
| Advances received on contracts in progress | 46 | - | €919 | +€919 | |
| Taxes, remuneration and social security | 45 | €4,426 | €9,309 | +€4,883 | +110% |
| Taxes | 450/3 | €4,426 | €9,309 | +€4,883 | +110% |
| Other amounts payable | 47/48 | €12,766 | €2,004 | -€10,762 | -84.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €451 | €13,724 | +€13,274 | +2,945% |
| Other operating charges | 640/8 | €86 | €1,285 | +€1,198 | +1,390% |
| Non-recurring operating charges | 66A | €121 | €190 | +€69 | +57.1% |
| Gross operating margin | 9900 | €44,533 | €70,988 | +€26,455 | +59.4% |
| Operating profit (loss) | 9901 | €43,875 | €55,789 | +€11,914 | +27.2% |
| Financial income | 75/76B | €0 | €289 | +€289 | +289,360% |
| Recurring financial income | 75 | €0 | €289 | +€289 | +289,360% |
| Financial charges | 65/66B | €118 | €1 | -€117 | -99.5% |
| Recurring financial charges | 65 | €118 | €1 | -€117 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €43,757 | €56,077 | +€12,321 | +28.2% |
| Income taxes | 67/77 | €3,047 | €6,194 | +€3,147 | +103% |
| Profit (loss) for the period | 9904 | €40,710 | €49,883 | +€9,173 | +22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,710 | €49,883 | +€9,173 | +22.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.