MAKH CONSULTING: 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.
MAKH CONSULTING
Largest movements
- Receivables within one year +€20,792
up €20,792 (+74.1%), from €28,041 to €48,833
of which Other amounts receivable: +€32,502
- Cash +€2,975
up €2,975 (+12.1%), from €24,527 to €27,502
mainly Net result for the year (+€26,473) and Depreciation (+€5,570)
- Profit (loss) carried forward +€26,473
up €26,473 (+93.5%), from €28,325 to €54,798
- Trade debts -€5,747
no longer reported in 2025 (was €5,747)
- Tax, wage and social debts +€2,592
up €2,592 (+9.5%), from €27,329 to €29,921
of which Taxes: +€6,616
- Purchases and services +€108,193
new in 2025: €108,193
- Staff costs -€29,432
no longer reported in 2025 (was €29,432)
- Taxes +€6,617
up €6,617 (+114%), from €5,783 to €12,400
- Gross operating margin -€6,365
down €6,365 (-11.0%), from €57,867 to €51,502
- Financial charges +€3,197
up €3,197 (+660%), from €484 to €3,682
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 | €63,401 | €86,719 | +€23,318 | +36.8% |
| Fixed assets | 21/28 | €10,833 | €10,385 | -€449 | -4.1% |
| Tangible fixed assets | 22/27 | €9,071 | €8,622 | -€449 | -4.9% |
| Furniture and vehicles | 24 | €9,071 | €8,622 | -€449 | -4.9% |
| Financial fixed assets | 28 | €1,763 | €1,763 | = | 0.0% |
| Current assets | 29/58 | €52,568 | €76,334 | +€23,767 | +45.2% |
| Amounts receivable within one year | 40/41 | €28,041 | €48,833 | +€20,792 | +74.1% |
| Trade receivables | 40 | €16,597 | €4,887 | -€11,710 | -70.6% |
| Other amounts receivable | 41 | €11,444 | €43,946 | +€32,502 | +284% |
| Cash at bank and in hand | 54/58 | €24,527 | €27,502 | +€2,975 | +12.1% |
| Total equity and liabilities | 10/49 | €63,401 | €86,719 | +€23,318 | +36.8% |
| Equity | 10/15 | €30,325 | €56,798 | +€26,473 | +87.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €28,325 | €54,798 | +€26,473 | +93.5% |
| Amounts payable | 17/49 | €33,076 | €29,921 | -€3,155 | -9.5% |
| Amounts payable within one year | 42/48 | €33,076 | €29,921 | -€3,155 | -9.5% |
| Trade debts | 44 | €5,747 | - | -€5,747 | |
| Suppliers | 440/4 | €5,747 | - | -€5,747 | |
| Taxes, remuneration and social security | 45 | €27,329 | €29,921 | +€2,592 | +9.5% |
| Taxes | 450/3 | €21,995 | €28,611 | +€6,616 | +30.1% |
| Remuneration and social security | 454/9 | €5,334 | €1,310 | -€4,024 | -75.4% |
| Non-recurring operating income | 76A | - | €1,299 | +€1,299 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €108,193 | +€108,193 | |
| Remuneration, social security and pensions | 62 | €29,432 | - | -€29,432 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,198 | €5,570 | +€2,372 | +74.1% |
| Other operating charges | 640/8 | €6,406 | €5,520 | -€885 | -13.8% |
| Gross operating margin | 9900 | €57,867 | €51,502 | -€6,365 | -11.0% |
| Operating profit (loss) | 9901 | €18,831 | €40,412 | +€21,581 | +115% |
| Financial income | 75/76B | - | €2,143 | +€2,143 | |
| Recurring financial income | 75 | - | €2,143 | +€2,143 | |
| Financial charges | 65/66B | €484 | €3,682 | +€3,197 | +660% |
| Recurring financial charges | 65 | €484 | €3,682 | +€3,197 | +660% |
| Profit (loss) for the period before taxes | 9903 | €18,347 | €38,873 | +€20,527 | +112% |
| Income taxes | 67/77 | €5,783 | €12,400 | +€6,617 | +114% |
| Profit (loss) for the period | 9904 | €12,564 | €26,473 | +€13,910 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €12,564 | €26,473 | +€13,910 | +111% |
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 24 October 2026 via checked.be.