MAKK Construction: 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.
MAKK Construction
Largest movements
- Tangible fixed assets -€2,725
down €2,725 (-51.0%), from €5,346 to €2,621
of which Furniture and vehicles: -€2,322
- Cash +€1,513
up €1,513 (+28.2%), from €5,370 to €6,883
mainly Net result for the year (+€4,335) and Depreciation (+€2,724)
- Reserves -€6,800
down €6,800 (-40.8%), from €16,660 to €9,860
- Profit (loss) carried forward +€4,335
up €4,335, from -€2,940 to €1,395
- Other debts +€1,134
up €1,134 (+217%), from €523 to €1,657
- Tax, wage and social debts +€248
up €248 (+25.2%), from €983 to €1,231
- Gross operating margin +€10,430
up €10,430, from -€2,085 to €8,345
- Depreciation -€886
down €886 (-24.5%), from €3,610 to €2,724
- Financial income -€273
down €273 (-25.4%), from €1,075 to €802
of which Financial income: -€1,073
- Other operating charges -€105
down €105 (-8.7%), from €1,207 to €1,102
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 | €23,107 | €22,210 | -€897 | -3.9% |
| Fixed assets | 21/28 | €5,556 | €2,831 | -€2,725 | -49.0% |
| Tangible fixed assets | 22/27 | €5,346 | €2,621 | -€2,725 | -51.0% |
| Plant, machinery and equipment | 23 | €668 | €265 | -€403 | -60.3% |
| Furniture and vehicles | 24 | €4,678 | €2,356 | -€2,322 | -49.6% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €17,551 | €19,379 | +€1,828 | +10.4% |
| Amounts receivable within one year | 40/41 | €11,485 | €11,621 | +€136 | +1.2% |
| Trade receivables | 40 | €3,931 | €4,163 | +€232 | +5.9% |
| Other amounts receivable | 41 | €7,554 | €7,458 | -€96 | -1.3% |
| Cash at bank and in hand | 54/58 | €5,370 | €6,883 | +€1,513 | +28.2% |
| Deferred charges and accrued income | 490/1 | €696 | €875 | +€179 | +25.7% |
| Total equity and liabilities | 10/49 | €23,107 | €22,210 | -€897 | -3.9% |
| Equity | 10/15 | €19,920 | €17,455 | -€2,465 | -12.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,660 | €9,860 | -€6,800 | -40.8% |
| Non-distributable reserves | 130/1 | €16,660 | €9,860 | -€6,800 | -40.8% |
| Reserves not available under the articles | 1311 | €16,660 | €9,860 | -€6,800 | -40.8% |
| Profit (loss) carried forward | 14 | -€2,940 | €1,395 | +€4,335 | |
| Amounts payable | 17/49 | €3,187 | €4,755 | +€1,568 | +49.2% |
| Amounts payable within one year | 42/48 | €3,187 | €4,755 | +€1,568 | +49.2% |
| Current portion of amounts payable after more than one year | 42 | €1,333 | €1,375 | +€42 | +3.2% |
| Trade debts | 44 | €348 | €492 | +€144 | +41.4% |
| Suppliers | 440/4 | €348 | €492 | +€144 | +41.4% |
| Taxes, remuneration and social security | 45 | €983 | €1,231 | +€248 | +25.2% |
| Taxes | 450/3 | €983 | €1,231 | +€248 | +25.2% |
| Other amounts payable | 47/48 | €523 | €1,657 | +€1,134 | +217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,610 | €2,724 | -€886 | -24.5% |
| Other operating charges | 640/8 | €1,207 | €1,102 | -€105 | -8.7% |
| Gross operating margin | 9900 | -€2,085 | €8,345 | +€10,430 | |
| Operating profit (loss) | 9901 | -€6,902 | €4,519 | +€11,421 | |
| Financial income | 75/76B | €1,075 | €802 | -€273 | -25.4% |
| Recurring financial income | 75 | €1,075 | €2 | -€1,073 | -99.8% |
| Non-recurring financial income | 76B | - | €800 | +€800 | |
| Financial charges | 65/66B | €765 | €733 | -€32 | -4.2% |
| Recurring financial charges | 65 | €765 | €733 | -€32 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,592 | €4,588 | +€11,180 | |
| Income taxes | 67/77 | €289 | €253 | -€36 | -12.5% |
| Profit (loss) for the period | 9904 | -€6,881 | €4,335 | +€11,216 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,881 | €4,335 | +€11,216 |
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 23 October 2026 via checked.be.