MAKAI FINANCIAL SERVICES: 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.
MAKAI FINANCIAL SERVICES
Largest movements
- Cash +€17,263
up €17,263 (+64.3%), from €26,864 to €44,127
mainly Net result for the year (+€17,776) and Receivables within one year (+€7,384)
- Receivables within one year -€7,384
down €7,384 (-54.5%), from €13,556 to €6,171
of which Trade receivables: -€6,079
- Tangible fixed assets +€844
up €844 (+37.6%), from €2,247 to €3,091
- Reserves +€17,776
up €17,776 (+54.6%), from €32,564 to €50,340
- Tax, wage and social debts -€6,651
down €6,651 (-42.6%), from €15,606 to €8,954
- Gross operating margin -€20,620
down €20,620 (-43.7%), from €47,161 to €26,541
- Taxes -€6,448
down €6,448 (-46.9%), from €13,739 to €7,291
- Other operating charges +€569
up €569 (+81.2%), from €700 to €1,269
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,666 | €60,390 | +€10,723 | +21.6% |
| Fixed assets | 21/28 | €2,247 | €3,091 | +€844 | +37.6% |
| Tangible fixed assets | 22/27 | €2,247 | €3,091 | +€844 | +37.6% |
| Furniture and vehicles | 24 | €2,247 | €3,091 | +€844 | +37.6% |
| Current assets | 29/58 | €47,419 | €57,298 | +€9,879 | +20.8% |
| Amounts receivable within one year | 40/41 | €13,556 | €6,171 | -€7,384 | -54.5% |
| Trade receivables | 40 | €12,251 | €6,171 | -€6,079 | -49.6% |
| Other amounts receivable | 41 | €1,305 | - | -€1,305 | |
| Current investments | 50/53 | €7,000 | €7,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,864 | €44,127 | +€17,263 | +64.3% |
| Total equity and liabilities | 10/49 | €49,666 | €60,390 | +€10,723 | +21.6% |
| Equity | 10/15 | €33,564 | €51,340 | +€17,776 | +53.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €32,564 | €50,340 | +€17,776 | +54.6% |
| Distributable reserves | 133 | €32,564 | €50,340 | +€17,776 | +54.6% |
| Amounts payable | 17/49 | €16,102 | €9,050 | -€7,053 | -43.8% |
| Amounts payable within one year | 42/48 | €15,849 | €9,050 | -€6,799 | -42.9% |
| Trade debts | 44 | €244 | €84 | -€160 | -65.7% |
| Suppliers | 440/4 | €244 | €84 | -€160 | -65.7% |
| Taxes, remuneration and social security | 45 | €15,606 | €8,954 | -€6,651 | -42.6% |
| Taxes | 450/3 | €15,606 | €8,954 | -€6,651 | -42.6% |
| Other amounts payable | 47/48 | - | €12 | +€12 | |
| Accrued charges and deferred income | 492/3 | €253 | - | -€253 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305 | €367 | +€61 | +20.1% |
| Other operating charges | 640/8 | €700 | €1,269 | +€569 | +81.2% |
| Gross operating margin | 9900 | €47,161 | €26,541 | -€20,620 | -43.7% |
| Operating profit (loss) | 9901 | €46,156 | €24,906 | -€21,250 | -46.0% |
| Financial income | 75/76B | €285 | €233 | -€52 | -18.2% |
| Recurring financial income | 75 | €285 | €233 | -€52 | -18.2% |
| Financial charges | 65/66B | €138 | €72 | -€66 | -47.6% |
| Recurring financial charges | 65 | €138 | €72 | -€66 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | €46,303 | €25,066 | -€21,236 | -45.9% |
| Income taxes | 67/77 | €13,739 | €7,291 | -€6,448 | -46.9% |
| Profit (loss) for the period | 9904 | €32,564 | €17,776 | -€14,788 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,564 | €17,776 | -€14,788 | -45.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.