MAKO STORE: 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.
MAKO STORE
Largest movements
- Receivables within one year -€328,504
down €328,504 (-52.7%), from €623,055 to €294,550
of which Trade receivables: -€337,833
- Stocks and contracts +€252,829
up €252,829 (+139.5%), from €181,228 to €434,057
- Cash +€53,601
up €53,601 (+509.0%), from €10,531 to €64,132
mainly Receivables within one year (+€328,504) and Debts after one year (+€206,363)
- Tangible fixed assets +€19,980
up €19,980 (+19.8%), from €100,978 to €120,957
of which Other tangible fixed assets: +€40,568
- Intangible fixed assets +€15,296
up €15,296 (+104.9%), from €14,580 to €29,876
- Debts after one year +€206,363
up €206,363 (+173.4%), from €119,014 to €325,377
- Profit (loss) carried forward -€182,813
down €182,813 (-55.4%), from €329,855 to €147,043
- Trade debts +€151,232
up €151,232 (+428.2%), from €35,318 to €186,550
- Tax, wage and social debts -€129,860
down €129,860 (-53.9%), from €241,123 to €111,263
of which Taxes: -€109,247
- Other debts +€52,536
new in 2025: €52,536
- Gross operating margin -€358,563
down €358,563 (-68.9%), from €520,475 to €161,912
- Taxes -€65,287
down €65,287 (-100.0%), from €65,287 to €0
- Staff costs +€39,021
up €39,021 (+17.1%), from €228,251 to €267,272
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 | €942,248 | €957,439 | +€15,191 | +1.6% |
| Fixed assets | 21/28 | €122,578 | €160,854 | +€38,276 | +31.2% |
| Intangible fixed assets | 21 | €14,580 | €29,876 | +€15,296 | +104.9% |
| Tangible fixed assets | 22/27 | €100,978 | €120,957 | +€19,980 | +19.8% |
| Plant, machinery and equipment | 23 | €14,175 | €13,369 | -€806 | -5.7% |
| Furniture and vehicles | 24 | €54,363 | €34,581 | -€19,782 | -36.4% |
| Other tangible fixed assets | 26 | €32,440 | €73,008 | +€40,568 | +125.1% |
| Financial fixed assets | 28 | €7,020 | €10,020 | +€3,000 | +42.7% |
| Current assets | 29/58 | €819,670 | €796,585 | -€23,085 | -2.8% |
| Stocks and contracts in progress | 3 | €181,228 | €434,057 | +€252,829 | +139.5% |
| Stocks | 30/36 | €181,228 | €434,057 | +€252,829 | +139.5% |
| Amounts receivable within one year | 40/41 | €623,055 | €294,550 | -€328,504 | -52.7% |
| Trade receivables | 40 | €497,193 | €159,360 | -€337,833 | -67.9% |
| Other amounts receivable | 41 | €125,861 | €135,190 | +€9,329 | +7.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,531 | €64,132 | +€53,601 | +509.0% |
| Deferred charges and accrued income | 490/1 | €4,857 | €3,846 | -€1,011 | -20.8% |
| Total equity and liabilities | 10/49 | €942,248 | €957,439 | +€15,191 | +1.6% |
| Equity | 10/15 | €342,211 | €159,398 | -€182,813 | -53.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,155 | €6,155 | = | 0.0% |
| Distributable reserves | 133 | €6,155 | €6,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | €329,855 | €147,043 | -€182,813 | -55.4% |
| Amounts payable | 17/49 | €600,037 | €798,041 | +€198,004 | +33.0% |
| Amounts payable after more than one year | 17 | €119,014 | €325,377 | +€206,363 | +173.4% |
| Financial debts | 170/4 | €119,014 | €325,377 | +€206,363 | +173.4% |
| Amounts payable within one year | 42/48 | €474,452 | €472,665 | -€1,788 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €98,029 | €88,429 | -€9,600 | -9.8% |
| Financial debts | 43 | €27,597 | €2,260 | -€25,337 | -91.8% |
| Credit institutions | 430/8 | €27,597 | €2,260 | -€25,337 | -91.8% |
| Trade debts | 44 | €35,318 | €186,550 | +€151,232 | +428.2% |
| Suppliers | 440/4 | €35,318 | €186,550 | +€151,232 | +428.2% |
| Advances received on contracts in progress | 46 | €72,386 | €31,627 | -€40,759 | -56.3% |
| Taxes, remuneration and social security | 45 | €241,123 | €111,263 | -€129,860 | -53.9% |
| Taxes | 450/3 | €201,768 | €92,520 | -€109,247 | -54.1% |
| Remuneration and social security | 454/9 | €39,355 | €18,743 | -€20,612 | -52.4% |
| Other amounts payable | 47/48 | - | €52,536 | +€52,536 | |
| Accrued charges and deferred income | 492/3 | €6,571 | €0 | -€6,571 | -100.0% |
| Remuneration, social security and pensions | 62 | €228,251 | €267,272 | +€39,021 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,026 | €47,576 | +€4,549 | +10.6% |
| Other operating charges | 640/8 | €5,612 | €9,517 | +€3,905 | +69.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €520,475 | €161,912 | -€358,563 | -68.9% |
| Operating profit (loss) | 9901 | €243,585 | -€162,454 | -€406,038 | |
| Financial income | 75/76B | €5,502 | €802 | -€4,700 | -85.4% |
| Recurring financial income | 75 | €5,502 | €802 | -€4,700 | -85.4% |
| Financial charges | 65/66B | €20,378 | €21,161 | +€783 | +3.8% |
| Recurring financial charges | 65 | €20,378 | €21,161 | +€783 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €228,708 | -€182,813 | -€411,521 | |
| Income taxes | 67/77 | €65,287 | €0 | -€65,287 | -100.0% |
| Profit (loss) for the period | 9904 | €163,422 | -€182,813 | -€346,235 | |
| Profit (loss) for the period to be appropriated | 9905 | €163,422 | -€182,813 | -€346,235 |
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 9 October 2026 via checked.be.