MAKE MY DAY: 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 MY DAY
Largest movements
- Cash -€25,696
down €25,696 (-35.7%), from €71,904 to €46,208
mainly Receivables within one year (-€25,540) and Trade debts (-€15,423)
- Receivables within one year +€25,540
up €25,540 (+55.5%), from €46,053 to €71,593
of which Trade receivables: +€38,183
- Tangible fixed assets -€3,018
down €3,018 (-3.1%), from €96,303 to €93,285
of which Land and buildings: -€6,976
- Deferred charges and accrued income -€2,455
down €2,455 (-69.7%), from €3,521 to €1,066
- Reserves +€16,400
up €16,400 (+22.1%), from €74,215 to €90,615
of which Distributable reserves: +€15,500
- Trade debts -€15,423
down €15,423 (-38.5%), from €40,029 to €24,606
- Debts after one year -€13,447
down €13,447 (-40.3%), from €33,342 to €19,896
- Tax, wage and social debts +€3,902
up €3,902 (+47.7%), from €8,184 to €12,085
of which Taxes: +€3,273
- Staff costs +€9,160
up €9,160 (+27.1%), from €33,820 to €42,980
- Gross operating margin +€6,638
up €6,638 (+8.5%), from €77,738 to €84,376
- Taxes -€4,361
down €4,361 (-40.7%), from €10,727 to €6,367
- Depreciation +€1,371
up €1,371 (+13.6%), from €10,071 to €11,442
- Other operating charges +€1,149
up €1,149 (+42.6%), from €2,698 to €3,846
From the 2024 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.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €217,782 | €212,152 | -€5,630 | -2.6% |
| Fixed assets | 21/28 | €96,303 | €93,285 | -€3,018 | -3.1% |
| Tangible fixed assets | 22/27 | €96,303 | €93,285 | -€3,018 | -3.1% |
| Land and buildings | 22 | €84,358 | €77,382 | -€6,976 | -8.3% |
| Plant, machinery and equipment | 23 | €3,939 | €9,153 | +€5,214 | +132% |
| Furniture and vehicles | 24 | €8,006 | €6,750 | -€1,256 | -15.7% |
| Current assets | 29/58 | €121,478 | €118,867 | -€2,611 | -2.1% |
| Amounts receivable within one year | 40/41 | €46,053 | €71,593 | +€25,540 | +55.5% |
| Trade receivables | 40 | €30,744 | €68,928 | +€38,183 | +124% |
| Other amounts receivable | 41 | €15,308 | €2,665 | -€12,643 | -82.6% |
| Cash at bank and in hand | 54/58 | €71,904 | €46,208 | -€25,696 | -35.7% |
| Deferred charges and accrued income | 490/1 | €3,521 | €1,066 | -€2,455 | -69.7% |
| Total equity and liabilities | 10/49 | €217,782 | €212,152 | -€5,630 | -2.6% |
| Equity | 10/15 | €123,106 | €139,541 | +€16,435 | +13.4% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €74,215 | €90,615 | +€16,400 | +22.1% |
| Non-distributable reserves | 130/1 | €4,107 | €5,007 | +€900 | +21.9% |
| Legal reserve | 130 | €4,107 | €5,007 | +€900 | +21.9% |
| Distributable reserves | 133 | €70,108 | €85,608 | +€15,500 | +22.1% |
| Profit (loss) carried forward | 14 | -€15,108 | -€15,073 | +€35 | +0.2% |
| Amounts payable | 17/49 | €94,675 | €72,611 | -€22,065 | -23.3% |
| Amounts payable after more than one year | 17 | €33,342 | €19,896 | -€13,447 | -40.3% |
| Financial debts | 170/4 | €33,342 | €19,896 | -€13,447 | -40.3% |
| Amounts payable within one year | 42/48 | €61,333 | €51,201 | -€10,132 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €12,972 | €13,447 | +€475 | +3.7% |
| Trade debts | 44 | €40,029 | €24,606 | -€15,423 | -38.5% |
| Suppliers | 440/4 | €40,029 | €24,606 | -€15,423 | -38.5% |
| Taxes, remuneration and social security | 45 | €8,184 | €12,085 | +€3,902 | +47.7% |
| Taxes | 450/3 | €1,490 | €4,763 | +€3,273 | +220% |
| Remuneration and social security | 454/9 | €6,694 | €7,322 | +€628 | +9.4% |
| Other amounts payable | 47/48 | €149 | €1,064 | +€915 | +615% |
| Accrued charges and deferred income | 492/3 | - | €1,514 | +€1,514 | |
| Remuneration, social security and pensions | 62 | €33,820 | €42,980 | +€9,160 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,071 | €11,442 | +€1,371 | +13.6% |
| Other operating charges | 640/8 | €2,698 | €3,846 | +€1,149 | +42.6% |
| Gross operating margin | 9900 | €77,738 | €84,376 | +€6,638 | +8.5% |
| Operating profit (loss) | 9901 | €31,149 | €26,108 | -€5,041 | -16.2% |
| Financial income | 75/76B | €62 | €537 | +€475 | +767% |
| Recurring financial income | 75 | €62 | €537 | +€475 | +767% |
| Financial charges | 65/66B | €4,700 | €3,843 | -€857 | -18.2% |
| Recurring financial charges | 65 | €4,700 | €3,843 | -€857 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €26,511 | €22,802 | -€3,709 | -14.0% |
| Income taxes | 67/77 | €10,727 | €6,367 | -€4,361 | -40.7% |
| Profit (loss) for the period | 9904 | €15,783 | €16,435 | +€652 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,783 | €16,435 | +€652 | +4.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.