MAKATIK: 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.
MAKATIK
Largest movements
- Receivables within one year +€44,355
up €44,355 (+95.6%), from €46,392 to €90,748
of which Other amounts receivable: +€31,155
- Cash -€18,090
down €18,090 (-98.8%), from €18,319 to €229
- Trade debts +€39,756
up €39,756 (+430.8%), from €9,229 to €48,985
- Profit (loss) carried forward -€13,310
down €13,310 (-42.6%), from €31,229 to €17,919
- Tax, wage and social debts -€10,543
down €10,543 (-47.4%), from €22,253 to €11,710
of which Taxes: -€10,287
- Debts after one year +€10,363
new in 2025: €10,363
- Gross operating margin -€34,751
down €34,751, from €34,553 to -€198
- Staff costs -€6,623
no longer reported in 2025 (was €6,623)
- Taxes -€5,032
down €5,032 (-89.7%), from €5,610 to €578
- Financial income +€1,919
up €1,919 (+362.8%), from €529 to €2,448
- Other operating charges -€349
no longer reported in 2025 (was €349)
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,711 | €90,977 | +€26,265 | +40.6% |
| Current assets | 29/58 | €64,711 | €90,977 | +€26,265 | +40.6% |
| Amounts receivable within one year | 40/41 | €46,392 | €90,748 | +€44,355 | +95.6% |
| Trade receivables | 40 | €31,044 | €44,245 | +€13,201 | +42.5% |
| Other amounts receivable | 41 | €15,348 | €46,503 | +€31,155 | +203.0% |
| Cash at bank and in hand | 54/58 | €18,319 | €229 | -€18,090 | -98.8% |
| Total equity and liabilities | 10/49 | €64,711 | €90,977 | +€26,265 | +40.6% |
| Equity | 10/15 | €33,229 | €19,919 | -€13,310 | -40.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,229 | €17,919 | -€13,310 | -42.6% |
| Amounts payable | 17/49 | €31,482 | €71,057 | +€39,575 | +125.7% |
| Amounts payable after more than one year | 17 | - | €10,363 | +€10,363 | |
| Financial debts | 170/4 | - | €10,363 | +€10,363 | |
| Amounts payable within one year | 42/48 | €31,482 | €60,695 | +€29,212 | +92.8% |
| Trade debts | 44 | €9,229 | €48,985 | +€39,756 | +430.8% |
| Suppliers | 440/4 | €9,229 | €48,985 | +€39,756 | +430.8% |
| Taxes, remuneration and social security | 45 | €22,253 | €11,710 | -€10,543 | -47.4% |
| Taxes | 450/3 | €21,078 | €10,791 | -€10,287 | -48.8% |
| Remuneration and social security | 454/9 | €1,175 | €919 | -€257 | -21.8% |
| Remuneration, social security and pensions | 62 | €6,623 | - | -€6,623 | |
| Other operating charges | 640/8 | €349 | - | -€349 | |
| Gross operating margin | 9900 | €34,553 | -€198 | -€34,751 | |
| Operating profit (loss) | 9901 | €27,581 | -€198 | -€27,779 | |
| Financial income | 75/76B | €529 | €2,448 | +€1,919 | +362.8% |
| Recurring financial income | 75 | €529 | €2,448 | +€1,919 | +362.8% |
| Financial charges | 65/66B | €59 | €84 | +€25 | +43.2% |
| Recurring financial charges | 65 | €59 | €84 | +€25 | +43.2% |
| Profit (loss) for the period before taxes | 9903 | €28,051 | €2,166 | -€25,885 | -92.3% |
| Income taxes | 67/77 | €5,610 | €578 | -€5,032 | -89.7% |
| Profit (loss) for the period | 9904 | €22,441 | €1,588 | -€20,853 | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,441 | €1,588 | -€20,853 | -92.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.