Maklab: 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.
Maklab
Largest movements
- Tangible fixed assets +€15,437
up €15,437 (+802.6%), from €1,923 to €17,361
- Receivables within one year +€9,891
up €9,891 (+98.5%), from €10,043 to €19,934
of which Other amounts receivable: +€9,589
- Cash -€791
down €791 (-6.7%), from €11,791 to €11,000
mainly Investment in fixed assets (net) (-€18,010) and Receivables within one year (-€9,891)
- Deferred charges and accrued income +€504
up €504 (+91.5%), from €551 to €1,055
- Reserves +€18,479
up €18,479 (+138.3%), from €13,362 to €31,841
- Tax, wage and social debts +€5,754
up €5,754 (+60.9%), from €9,454 to €15,208
- Other debts +€1,129
up €1,129 (+3040.0%), from €37 to €1,166
- Gross operating margin +€9,290
up €9,290 (+43.0%), from €21,583 to €30,873
- Depreciation +€2,268
up €2,268 (+742.8%), from €305 to €2,573
- Taxes +€1,743
up €1,743 (+41.6%), from €4,195 to €5,938
- Other operating charges +€541
up €541 (+124.6%), from €434 to €975
- Financial charges -€331
down €331 (-21.1%), from €1,573 to €1,242
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 | €24,308 | €49,349 | +€25,041 | +103.0% |
| Fixed assets | 21/28 | €1,923 | €17,361 | +€15,437 | +802.6% |
| Tangible fixed assets | 22/27 | €1,923 | €17,361 | +€15,437 | +802.6% |
| Furniture and vehicles | 24 | €1,923 | €17,361 | +€15,437 | +802.6% |
| Current assets | 29/58 | €22,385 | €31,988 | +€9,603 | +42.9% |
| Amounts receivable within one year | 40/41 | €10,043 | €19,934 | +€9,891 | +98.5% |
| Trade receivables | 40 | €10,043 | €10,344 | +€301 | +3.0% |
| Other amounts receivable | 41 | - | €9,589 | +€9,589 | |
| Cash at bank and in hand | 54/58 | €11,791 | €11,000 | -€791 | -6.7% |
| Deferred charges and accrued income | 490/1 | €551 | €1,055 | +€504 | +91.5% |
| Total equity and liabilities | 10/49 | €24,308 | €49,349 | +€25,041 | +103.0% |
| Equity | 10/15 | €13,462 | €31,941 | +€18,479 | +137.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €13,362 | €31,841 | +€18,479 | +138.3% |
| Distributable reserves | 133 | €13,362 | €31,841 | +€18,479 | +138.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,846 | €17,408 | +€6,562 | +60.5% |
| Amounts payable within one year | 42/48 | €10,846 | €17,408 | +€6,562 | +60.5% |
| Trade debts | 44 | €1,355 | €1,034 | -€321 | -23.7% |
| Suppliers | 440/4 | €1,355 | €1,034 | -€321 | -23.7% |
| Taxes, remuneration and social security | 45 | €9,454 | €15,208 | +€5,754 | +60.9% |
| Taxes | 450/3 | €9,454 | €15,208 | +€5,754 | +60.9% |
| Other amounts payable | 47/48 | €37 | €1,166 | +€1,129 | +3040.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305 | €2,573 | +€2,268 | +742.8% |
| Other operating charges | 640/8 | €434 | €975 | +€541 | +124.6% |
| Gross operating margin | 9900 | €21,583 | €30,873 | +€9,290 | +43.0% |
| Operating profit (loss) | 9901 | €20,843 | €27,325 | +€6,482 | +31.1% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.8% |
| Financial charges | 65/66B | €1,573 | €1,242 | -€331 | -21.1% |
| Recurring financial charges | 65 | €1,573 | €1,242 | -€331 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €19,275 | €26,083 | +€6,808 | +35.3% |
| Income taxes | 67/77 | €4,195 | €5,938 | +€1,743 | +41.6% |
| Profit (loss) for the period | 9904 | €15,080 | €20,145 | +€5,065 | +33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,080 | €20,145 | +€5,065 | +33.6% |
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 7 October 2026 via checked.be.