Makita Engineering: 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.
Makita Engineering
Largest movements
- Cash -€12,670
down €12,670 (-93.3%), from €13,585 to €915
mainly Net result for the year (-€31,705) and Debts after one year (-€8,102)
- Receivables within one year -€9,118
down €9,118 (-46.7%), from €19,520 to €10,402
of which Trade receivables: -€7,067
- Tangible fixed assets -€8,588
down €8,588 (-26.9%), from €31,882 to €23,293
of which Furniture and vehicles: -€8,302
- Receivables after one year -€6,981
no longer reported in 2024 (was €6,981)
- Reserves -€31,705
down €31,705 (-88.0%), from €36,014 to €4,309
- Debts after one year -€8,102
down €8,102 (-44.0%), from €18,427 to €10,326
- Other debts +€3,592
new in 2024: €3,592
- Trade debts -€2,185
down €2,185 (-23.0%), from €9,520 to €7,335
- Current portion of long-term debt +€832
up €832 (+10.4%), from €7,963 to €8,795
- Gross operating margin -€30,940
down €30,940, from €8,786 to -€22,154
- Taxes -€739
down €739 (-84.1%), from €879 to €140
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 | €71,968 | €34,610 | -€37,358 | -51.9% |
| Fixed assets | 21/28 | €31,882 | €23,293 | -€8,588 | -26.9% |
| Tangible fixed assets | 22/27 | €31,882 | €23,293 | -€8,588 | -26.9% |
| Land and buildings | 22 | €5,657 | €5,370 | -€286 | -5.1% |
| Furniture and vehicles | 24 | €26,225 | €17,923 | -€8,302 | -31.7% |
| Current assets | 29/58 | €40,086 | €11,317 | -€28,769 | -71.8% |
| Amounts receivable after more than one year | 29 | €6,981 | - | -€6,981 | |
| Trade receivables | 290 | €6,981 | - | -€6,981 | |
| Amounts receivable within one year | 40/41 | €19,520 | €10,402 | -€9,118 | -46.7% |
| Trade receivables | 40 | €11,808 | €4,741 | -€7,067 | -59.8% |
| Other amounts receivable | 41 | €7,712 | €5,661 | -€2,051 | -26.6% |
| Cash at bank and in hand | 54/58 | €13,585 | €915 | -€12,670 | -93.3% |
| Total equity and liabilities | 10/49 | €71,968 | €34,610 | -€37,358 | -51.9% |
| Equity | 10/15 | €36,014 | €4,309 | -€31,705 | -88.0% |
| Reserves | 13 | €36,014 | €4,309 | -€31,705 | -88.0% |
| Distributable reserves | 133 | €36,014 | €4,309 | -€31,705 | -88.0% |
| Amounts payable | 17/49 | €35,954 | €30,301 | -€5,653 | -15.7% |
| Amounts payable after more than one year | 17 | €18,427 | €10,326 | -€8,102 | -44.0% |
| Financial debts | 170/4 | €18,427 | €10,326 | -€8,102 | -44.0% |
| Amounts payable within one year | 42/48 | €17,526 | €19,975 | +€2,449 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €7,963 | €8,795 | +€832 | +10.4% |
| Trade debts | 44 | €9,520 | €7,335 | -€2,185 | -23.0% |
| Suppliers | 440/4 | €9,520 | €7,335 | -€2,185 | -23.0% |
| Taxes, remuneration and social security | 45 | €43 | €253 | +€210 | +493% |
| Taxes | 450/3 | €43 | €253 | +€210 | +493% |
| Other amounts payable | 47/48 | - | €3,592 | +€3,592 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,372 | €8,588 | +€217 | +2.6% |
| Other operating charges | 640/8 | €109 | - | -€109 | |
| Non-recurring operating charges | 66A | €413 | €297 | -€116 | -28.1% |
| Gross operating margin | 9900 | €8,786 | -€22,154 | -€30,940 | |
| Operating profit (loss) | 9901 | -€107 | -€31,039 | -€30,932 | -28,811% |
| Financial income | 75/76B | €235 | €73 | -€162 | -68.8% |
| Recurring financial income | 75 | €235 | €73 | -€162 | -68.8% |
| Financial charges | 65/66B | €687 | €599 | -€88 | -12.8% |
| Recurring financial charges | 65 | €687 | €599 | -€88 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | -€559 | -€31,565 | -€31,006 | -5,546% |
| Income taxes | 67/77 | €879 | €140 | -€739 | -84.1% |
| Profit (loss) for the period | 9904 | -€1,438 | -€31,705 | -€30,267 | -2,105% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,438 | -€31,705 | -€30,267 | -2,105% |
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 24 October 2026 via checked.be.