MAKERS MEDIA E.B.: 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.
MAKERS MEDIA E.B.
Largest movements
- Cash -€11,109
down €11,109 (-38.7%), from €28,678 to €17,569
mainly Net result for the year (-€18,786) and Tax, wage and social debts (-€3,670)
- Intangible fixed assets -€4,700
down €4,700 (-16.4%), from €28,728 to €24,028
- Deferred charges and accrued income -€1,308
down €1,308 (-92.9%), from €1,408 to €100
- Tangible fixed assets +€1,063
up €1,063 (+4784.6%), from €22 to €1,085
- Profit (loss) carried forward -€18,786
down €18,786 (-44.6%), from €42,112 to €23,326
- Trade debts +€9,220
up €9,220 (+759.7%), from €1,214 to €10,434
- Tax, wage and social debts -€3,670
down €3,670 (-33.6%), from €10,920 to €7,250
of which Taxes: -€5,110
- Debts after one year -€2,900
no longer reported in 2025 (was €2,900)
- Gross operating margin -€34,769
down €34,769, from €23,786 to -€10,983
- Taxes -€1,562
down €1,562 (-70.3%), from €2,221 to €659
- Depreciation -€819
down €819 (-14.7%), from €5,571 to €4,752
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 | €62,239 | €46,188 | -€16,051 | -25.8% |
| Fixed assets | 21/28 | €28,750 | €25,171 | -€3,580 | -12.5% |
| Intangible fixed assets | 21 | €28,728 | €24,028 | -€4,700 | -16.4% |
| Tangible fixed assets | 22/27 | €22 | €1,085 | +€1,063 | +4784.6% |
| Furniture and vehicles | 24 | €22 | €1,085 | +€1,063 | +4784.6% |
| Financial fixed assets | 28 | - | €57 | +€57 | |
| Current assets | 29/58 | €33,489 | €21,018 | -€12,472 | -37.2% |
| Amounts receivable within one year | 40/41 | €3,404 | €3,349 | -€55 | -1.6% |
| Trade receivables | 40 | €3,392 | €3,284 | -€109 | -3.2% |
| Other amounts receivable | 41 | €11 | €65 | +€53 | +471.7% |
| Cash at bank and in hand | 54/58 | €28,678 | €17,569 | -€11,109 | -38.7% |
| Deferred charges and accrued income | 490/1 | €1,408 | €100 | -€1,308 | -92.9% |
| Total equity and liabilities | 10/49 | €62,239 | €46,188 | -€16,051 | -25.8% |
| Equity | 10/15 | €47,112 | €28,326 | -€18,786 | -39.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,112 | €23,326 | -€18,786 | -44.6% |
| Amounts payable | 17/49 | €15,127 | €17,862 | +€2,735 | +18.1% |
| Amounts payable after more than one year | 17 | €2,900 | - | -€2,900 | |
| Other amounts payable | 178/9 | €2,900 | - | -€2,900 | |
| Amounts payable within one year | 42/48 | €12,227 | €17,862 | +€5,635 | +46.1% |
| Trade debts | 44 | €1,214 | €10,434 | +€9,220 | +759.7% |
| Suppliers | 440/4 | €1,214 | €10,434 | +€9,220 | +759.7% |
| Taxes, remuneration and social security | 45 | €10,920 | €7,250 | -€3,670 | -33.6% |
| Taxes | 450/3 | €10,920 | €5,810 | -€5,110 | -46.8% |
| Remuneration and social security | 454/9 | - | €1,440 | +€1,440 | |
| Other amounts payable | 47/48 | €94 | €178 | +€85 | +90.5% |
| Remuneration, social security and pensions | 62 | €309 | €500 | +€191 | +61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,571 | €4,752 | -€819 | -14.7% |
| Other operating charges | 640/8 | €1,713 | €1,719 | +€6 | +0.4% |
| Gross operating margin | 9900 | €23,786 | -€10,983 | -€34,769 | |
| Operating profit (loss) | 9901 | €16,193 | -€17,954 | -€34,147 | |
| Financial income | 75/76B | €16 | €112 | +€96 | +604.6% |
| Recurring financial income | 75 | €16 | €112 | +€96 | +604.6% |
| Financial charges | 65/66B | €209 | €285 | +€76 | +36.3% |
| Recurring financial charges | 65 | €209 | €285 | +€76 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | €16,000 | -€18,127 | -€34,127 | |
| Income taxes | 67/77 | €2,221 | €659 | -€1,562 | -70.3% |
| Profit (loss) for the period | 9904 | €13,779 | -€18,786 | -€32,565 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,779 | -€18,786 | -€32,565 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.