MakelAertskantoor: 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.
MakelAertskantoor
Largest movements
- Stocks and contracts +€190,000
up €190,000 (+395.8%), from €48,008 to €238,008
- Receivables within one year -€41,212
down €41,212 (-17.9%), from €230,000 to €188,788
of which Other amounts receivable: -€27,195
- Tangible fixed assets +€21,631
up €21,631 (+155.9%), from €13,870 to €35,501
of which Furniture and vehicles: +€21,971
- Debts after one year +€243,865
new in 2025: €243,865
of which Other amounts payable: +€220,000
- Profit (loss) carried forward -€48,861
new in 2025: -€48,861
- Trade debts -€31,826
down €31,826 (-100.0%), from €31,826 to €0
- Current portion of long-term debt +€8,399
new in 2025: €8,399
- Gross operating margin -€57,358
down €57,358, from €41,840 to -€15,519
- Other operating charges +€22,658
up €22,658 (+750.0%), from €3,021 to €25,679
- Staff costs -€18,049
down €18,049 (-100.0%), from €18,049 to €0
- Taxes -€7,376
down €7,376 (-83.3%), from €8,857 to €1,481
- Depreciation +€634
up €634 (+15.0%), from €4,213 to €4,847
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.
Cash bridge derived
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 | €309,781 | €480,887 | +€171,106 | +55.2% |
| Fixed assets | 21/28 | €15,744 | €37,375 | +€21,631 | +137.4% |
| Tangible fixed assets | 22/27 | €13,870 | €35,501 | +€21,631 | +155.9% |
| Plant, machinery and equipment | 23 | €1,336 | €996 | -€340 | -25.5% |
| Furniture and vehicles | 24 | €12,534 | €34,505 | +€21,971 | +175.3% |
| Financial fixed assets | 28 | €1,874 | €1,874 | = | 0.0% |
| Current assets | 29/58 | €294,036 | €443,511 | +€149,475 | +50.8% |
| Stocks and contracts in progress | 3 | €48,008 | €238,008 | +€190,000 | +395.8% |
| Stocks | 30/36 | €48,008 | €238,008 | +€190,000 | +395.8% |
| Amounts receivable within one year | 40/41 | €230,000 | €188,788 | -€41,212 | -17.9% |
| Trade receivables | 40 | €33,302 | €19,285 | -€14,017 | -42.1% |
| Other amounts receivable | 41 | €196,697 | €169,502 | -€27,195 | -13.8% |
| Cash at bank and in hand | 54/58 | €13,065 | €15,728 | +€2,663 | +20.4% |
| Deferred charges and accrued income | 490/1 | €2,964 | €988 | -€1,976 | -66.7% |
| Total equity and liabilities | 10/49 | €309,781 | €480,887 | +€171,106 | +55.2% |
| Equity | 10/15 | €257,759 | €208,899 | -€48,861 | -19.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €195,786 | €195,786 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €189,589 | €189,589 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€48,861 | -€48,861 | |
| Amounts payable | 17/49 | €52,021 | €271,988 | +€219,966 | +422.8% |
| Amounts payable after more than one year | 17 | - | €243,865 | +€243,865 | |
| Financial debts | 170/4 | - | €23,865 | +€23,865 | |
| Other amounts payable | 178/9 | - | €220,000 | +€220,000 | |
| Amounts payable within one year | 42/48 | €51,421 | €27,523 | -€23,898 | -46.5% |
| Current portion of amounts payable after more than one year | 42 | - | €8,399 | +€8,399 | |
| Trade debts | 44 | €31,826 | €0 | -€31,826 | -100.0% |
| Suppliers | 440/4 | €31,826 | €0 | -€31,826 | -100.0% |
| Taxes, remuneration and social security | 45 | €19,595 | €19,124 | -€472 | -2.4% |
| Taxes | 450/3 | €17,953 | €17,483 | -€470 | -2.6% |
| Remuneration and social security | 454/9 | €1,642 | €1,641 | -€1 | -0.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Non-recurring operating income | 76A | €4,823 | €1,478 | -€3,346 | -69.4% |
| Remuneration, social security and pensions | 62 | €18,049 | €0 | -€18,049 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,213 | €4,847 | +€634 | +15.0% |
| Other operating charges | 640/8 | €3,021 | €25,679 | +€22,658 | +750.0% |
| Non-recurring operating charges | 66A | €502 | €0 | -€502 | -100.0% |
| Gross operating margin | 9900 | €41,840 | -€15,519 | -€57,358 | |
| Operating profit (loss) | 9901 | €16,054 | -€46,045 | -€62,098 | |
| Financial income | 75/76B | €347 | €10 | -€337 | -97.1% |
| Recurring financial income | 75 | €347 | €10 | -€337 | -97.1% |
| Financial charges | 65/66B | €1,808 | €1,345 | -€463 | -25.6% |
| Recurring financial charges | 65 | €1,808 | €1,345 | -€463 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €14,593 | -€47,380 | -€61,973 | |
| Income taxes | 67/77 | €8,857 | €1,481 | -€7,376 | -83.3% |
| Profit (loss) for the period | 9904 | €5,736 | -€48,861 | -€54,597 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,736 | -€48,861 | -€54,597 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.