MAKOFISC: 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.
MAKOFISC
Largest movements
- Receivables within one year +€15,079
up €15,079 (+424.0%), from €3,557 to €18,636
of which Trade receivables: +€7,998
- Cash +€13,402
up €13,402 (+211.8%), from €6,327 to €19,729
mainly Tax, wage and social debts (+€25,497) and Net result for the year (+€9,858)
- Deferred charges and accrued income +€12,842
up €12,842 (+1879.0%), from €683 to €13,525
- Tangible fixed assets +€3,411
up €3,411 (+41.6%), from €8,191 to €11,602
of which Furniture and vehicles: +€3,589
- Intangible fixed assets -€2,930
down €2,930 (-14.4%), from €20,338 to €17,408
- Tax, wage and social debts +€25,497
up €25,497 (+213.8%), from €11,926 to €37,424
of which Taxes: +€12,905
- Profit (loss) carried forward +€9,858
up €9,858 (+66.6%), from €14,809 to €24,668
- Trade debts +€5,860
up €5,860 (+79.7%), from €7,351 to €13,211
- Staff costs +€83,689
up €83,689 (+270.0%), from €30,996 to €114,685
- Gross operating margin +€83,416
up €83,416 (+156.9%), from €53,180 to €136,596
- Depreciation +€4,518
up €4,518 (+278.8%), from €1,620 to €6,138
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.
Cash bridge derived
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 | €39,097 | €80,901 | +€41,804 | +106.9% |
| Fixed assets | 21/28 | €28,529 | €29,010 | +€481 | +1.7% |
| Intangible fixed assets | 21 | €20,338 | €17,408 | -€2,930 | -14.4% |
| Tangible fixed assets | 22/27 | €8,191 | €11,602 | +€3,411 | +41.6% |
| Furniture and vehicles | 24 | €6,835 | €10,423 | +€3,589 | +52.5% |
| Other tangible fixed assets | 26 | €1,356 | €1,178 | -€178 | -13.1% |
| Current assets | 29/58 | €10,567 | €51,891 | +€41,323 | +391.0% |
| Amounts receivable within one year | 40/41 | €3,557 | €18,636 | +€15,079 | +424.0% |
| Trade receivables | 40 | €1,622 | €9,621 | +€7,998 | +493.1% |
| Other amounts receivable | 41 | €1,935 | €9,016 | +€7,081 | +366.0% |
| Cash at bank and in hand | 54/58 | €6,327 | €19,729 | +€13,402 | +211.8% |
| Deferred charges and accrued income | 490/1 | €683 | €13,525 | +€12,842 | +1879.0% |
| Total equity and liabilities | 10/49 | €39,097 | €80,901 | +€41,804 | +106.9% |
| Equity | 10/15 | €17,309 | €27,168 | +€9,858 | +57.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,809 | €24,668 | +€9,858 | +66.6% |
| Amounts payable | 17/49 | €21,787 | €53,733 | +€31,946 | +146.6% |
| Amounts payable within one year | 42/48 | €21,787 | €53,550 | +€31,763 | +145.8% |
| Trade debts | 44 | €7,351 | €13,211 | +€5,860 | +79.7% |
| Suppliers | 440/4 | €7,351 | €13,211 | +€5,860 | +79.7% |
| Taxes, remuneration and social security | 45 | €11,926 | €37,424 | +€25,497 | +213.8% |
| Taxes | 450/3 | €7,244 | €20,148 | +€12,905 | +178.1% |
| Remuneration and social security | 454/9 | €4,683 | €17,275 | +€12,592 | +268.9% |
| Other amounts payable | 47/48 | €2,510 | €2,916 | +€406 | +16.2% |
| Accrued charges and deferred income | 492/3 | - | €182 | +€182 | |
| Remuneration, social security and pensions | 62 | €30,996 | €114,685 | +€83,689 | +270.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,620 | €6,138 | +€4,518 | +278.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €265 | -€265 | -€529 | |
| Other operating charges | 640/8 | €948 | €1,527 | +€580 | +61.2% |
| Gross operating margin | 9900 | €53,180 | €136,596 | +€83,416 | +156.9% |
| Operating profit (loss) | 9901 | €19,351 | €14,510 | -€4,841 | -25.0% |
| Financial income | 75/76B | €278 | €1,166 | +€888 | +319.6% |
| Recurring financial income | 75 | €278 | €1,166 | +€888 | +319.6% |
| Financial charges | 65/66B | €300 | €1,177 | +€876 | +291.7% |
| Recurring financial charges | 65 | €300 | €1,177 | +€876 | +291.7% |
| Profit (loss) for the period before taxes | 9903 | €19,329 | €14,499 | -€4,830 | -25.0% |
| Income taxes | 67/77 | €4,519 | €4,641 | +€121 | +2.7% |
| Profit (loss) for the period | 9904 | €14,809 | €9,858 | -€4,951 | -33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,809 | €9,858 | -€4,951 | -33.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.