Makoto Consulting: what changed
Makoto Consulting
Largest movements
- Cash +€26,868
up €26,868 (+86.6%), from €31,013 to €57,881
mainly Net result for the year (+€17,910) and Tax, wage and social debts (+€11,281)
- Receivables within one year +€1,941
up €1,941 (+19.3%), from €10,082 to €12,023
of which Trade receivables: +€2,212
- Tangible fixed assets +€993
up €993 (+37.9%), from €2,624 to €3,617
- Reserves +€45,514
new in 2025: €45,514
- Profit (loss) carried forward -€27,605
no longer reported in 2025 (was €27,605)
- Tax, wage and social debts +€11,281
up €11,281 (+134%), from €8,402 to €19,683
- Accrued charges and deferred income +€2,479
new in 2025: €2,479
- Trade debts -€1,364
down €1,364 (-31.0%), from €4,404 to €3,040
- Gross operating margin -€10,611
down €10,611 (-27.4%), from €38,759 to €28,148
- Taxes -€2,162
down €2,162 (-25.7%), from €8,402 to €6,240
- Depreciation +€1,441
up €1,441 (+1,102%), from €131 to €1,572
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,410 | €74,787 | +€30,377 | +68.4% |
| Fixed assets | 21/28 | €2,624 | €3,617 | +€993 | +37.9% |
| Tangible fixed assets | 22/27 | €2,624 | €3,617 | +€993 | +37.9% |
| Furniture and vehicles | 24 | €2,624 | €3,617 | +€993 | +37.9% |
| Current assets | 29/58 | €41,786 | €71,170 | +€29,384 | +70.3% |
| Amounts receivable within one year | 40/41 | €10,082 | €12,023 | +€1,941 | +19.3% |
| Trade receivables | 40 | €9,811 | €12,023 | +€2,212 | +22.5% |
| Other amounts receivable | 41 | €271 | - | -€271 | |
| Cash at bank and in hand | 54/58 | €31,013 | €57,881 | +€26,868 | +86.6% |
| Deferred charges and accrued income | 490/1 | €691 | €1,266 | +€575 | +83.1% |
| Total equity and liabilities | 10/49 | €44,410 | €74,787 | +€30,377 | +68.4% |
| Equity | 10/15 | €31,605 | €49,514 | +€17,910 | +56.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €45,514 | +€45,514 | |
| Distributable reserves | 133 | - | €45,514 | +€45,514 | |
| Profit (loss) carried forward | 14 | €27,605 | - | -€27,605 | |
| Amounts payable | 17/49 | €12,805 | €25,273 | +€12,467 | +97.4% |
| Amounts payable within one year | 42/48 | €12,805 | €22,794 | +€9,988 | +78.0% |
| Trade debts | 44 | €4,404 | €3,040 | -€1,364 | -31.0% |
| Suppliers | 440/4 | €4,404 | €3,040 | -€1,364 | -31.0% |
| Taxes, remuneration and social security | 45 | €8,402 | €19,683 | +€11,281 | +134% |
| Taxes | 450/3 | €8,402 | €19,683 | +€11,281 | +134% |
| Other amounts payable | 47/48 | - | €71 | +€71 | |
| Accrued charges and deferred income | 492/3 | - | €2,479 | +€2,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131 | €1,572 | +€1,441 | +1,102% |
| Other operating charges | 640/8 | €159 | €101 | -€58 | -36.6% |
| Gross operating margin | 9900 | €38,759 | €28,148 | -€10,611 | -27.4% |
| Operating profit (loss) | 9901 | €38,470 | €26,475 | -€11,994 | -31.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,463 | €2,326 | -€137 | -5.6% |
| Recurring financial charges | 65 | €2,463 | €2,326 | -€137 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €36,006 | €24,150 | -€11,857 | -32.9% |
| Income taxes | 67/77 | €8,402 | €6,240 | -€2,162 | -25.7% |
| Profit (loss) for the period | 9904 | €27,605 | €17,910 | -€9,695 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,605 | €17,910 | -€9,695 | -35.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.