MAKE CARBON WORK: 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.
MAKE CARBON WORK
Largest movements
- Cash -€3,594
down €3,594 (-25.7%), from €14,011 to €10,417
mainly Net result for the year (-€11,697) and Tax, wage and social debts (-€2,347)
- Receivables within one year -€3,063
down €3,063 (-13.7%), from €22,302 to €19,239
of which Other amounts receivable: -€2,713
- Tangible fixed assets -€1,324
down €1,324 (-32.2%), from €4,107 to €2,783
of which Furniture and vehicles: -€988
- Deferred charges and accrued income -€959
down €959 (-52.8%), from €1,817 to €858
- Profit (loss) carried forward -€11,697
down €11,697, from €2,673 to -€9,024
- Other debts +€4,166
up €4,166 (+7,439%), from €56 to €4,222
- Tax, wage and social debts -€2,347
down €2,347 (-18.1%), from €12,979 to €10,632
- Trade debts +€938
up €938 (+42.2%), from €2,223 to €3,161
- Gross operating margin -€16,876
down €16,876, from €9,074 to -€7,802
- Depreciation -€2,487
down €2,487 (-65.3%), from €3,811 to €1,324
- Taxes -€1,571
down €1,571 (-91.8%), from €1,711 to €140
- Financial charges -€259
down €259 (-47.0%), from €551 to €292
- Other operating charges +€254
up €254 (+13.1%), from €1,935 to €2,189
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 | €45,955 | €37,015 | -€8,940 | -19.5% |
| Fixed assets | 21/28 | €4,107 | €2,783 | -€1,324 | -32.2% |
| Tangible fixed assets | 22/27 | €4,107 | €2,783 | -€1,324 | -32.2% |
| Furniture and vehicles | 24 | €988 | - | -€988 | |
| Other tangible fixed assets | 26 | €3,119 | €2,783 | -€336 | -10.8% |
| Current assets | 29/58 | €41,848 | €34,232 | -€7,616 | -18.2% |
| Stocks and contracts in progress | 3 | €3,718 | €3,718 | = | 0.0% |
| Stocks | 30/36 | €3,718 | €3,718 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,302 | €19,239 | -€3,063 | -13.7% |
| Trade receivables | 40 | €16,300 | €15,950 | -€350 | -2.1% |
| Other amounts receivable | 41 | €6,002 | €3,289 | -€2,713 | -45.2% |
| Cash at bank and in hand | 54/58 | €14,011 | €10,417 | -€3,594 | -25.7% |
| Deferred charges and accrued income | 490/1 | €1,817 | €858 | -€959 | -52.8% |
| Total equity and liabilities | 10/49 | €45,955 | €37,015 | -€8,940 | -19.5% |
| Equity | 10/15 | €30,697 | €19,000 | -€11,697 | -38.1% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €9,024 | €9,024 | = | 0.0% |
| Distributable reserves | 133 | €9,024 | €9,024 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,673 | -€9,024 | -€11,697 | |
| Amounts payable | 17/49 | €15,258 | €18,015 | +€2,757 | +18.1% |
| Amounts payable within one year | 42/48 | €15,258 | €18,015 | +€2,757 | +18.1% |
| Trade debts | 44 | €2,223 | €3,161 | +€938 | +42.2% |
| Suppliers | 440/4 | €2,223 | €3,161 | +€938 | +42.2% |
| Taxes, remuneration and social security | 45 | €12,979 | €10,632 | -€2,347 | -18.1% |
| Taxes | 450/3 | €12,979 | €10,632 | -€2,347 | -18.1% |
| Other amounts payable | 47/48 | €56 | €4,222 | +€4,166 | +7,439% |
| Non-recurring operating income | 76A | - | €7,850 | +€7,850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,811 | €1,324 | -€2,487 | -65.3% |
| Other operating charges | 640/8 | €1,935 | €2,189 | +€254 | +13.1% |
| Gross operating margin | 9900 | €9,074 | -€7,802 | -€16,876 | |
| Operating profit (loss) | 9901 | €3,328 | -€11,315 | -€14,643 | |
| Financial income | 75/76B | - | €50 | +€50 | |
| Recurring financial income | 75 | - | €50 | +€50 | |
| Financial charges | 65/66B | €551 | €292 | -€259 | -47.0% |
| Recurring financial charges | 65 | €551 | €292 | -€259 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €2,777 | -€11,557 | -€14,334 | |
| Income taxes | 67/77 | €1,711 | €140 | -€1,571 | -91.8% |
| Profit (loss) for the period | 9904 | €1,066 | -€11,697 | -€12,763 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,066 | -€11,697 | -€12,763 |
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.