MAKWELL: 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.
MAKWELL
Largest movements
- Receivables within one year +€643
up €643 (+6.2%), from €10,288 to €10,931
- Deferred charges and accrued income -€258
no longer reported in 2024 (was €258)
- Trade debts +€1,071
new in 2024: €1,071
- Profit (loss) carried forward -€616
down €616 (-7.7%), from -€8,027 to -€8,643
- Gross operating margin +€1,785
up €1,785 (+62.7%), from -€2,845 to -€1,060
- Financial income +€643
new in 2024: €643
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.
Derived cash bridge
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 | €10,573 | €11,028 | +€455 | +4.3% |
| Current assets | 29/58 | €10,573 | €11,028 | +€455 | +4.3% |
| Amounts receivable within one year | 40/41 | €10,288 | €10,931 | +€643 | +6.2% |
| Other amounts receivable | 41 | €10,288 | €10,931 | +€643 | +6.2% |
| Cash at bank and in hand | 54/58 | €27 | €97 | +€70 | +256% |
| Deferred charges and accrued income | 490/1 | €258 | - | -€258 | |
| Total equity and liabilities | 10/49 | €10,573 | €11,028 | +€455 | +4.3% |
| Equity | 10/15 | €10,573 | €9,957 | -€616 | -5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,027 | -€8,643 | -€616 | -7.7% |
| Amounts payable | 17/49 | - | €1,071 | +€1,071 | |
| Amounts payable within one year | 42/48 | - | €1,071 | +€1,071 | |
| Trade debts | 44 | - | €1,071 | +€1,071 | |
| Suppliers | 440/4 | - | €1,071 | +€1,071 | |
| Gross operating margin | 9900 | -€2,845 | -€1,060 | +€1,785 | +62.7% |
| Operating profit (loss) | 9901 | -€2,845 | -€1,060 | +€1,785 | +62.7% |
| Financial income | 75/76B | - | €643 | +€643 | |
| Recurring financial income | 75 | - | €643 | +€643 | |
| Financial charges | 65/66B | €183 | €199 | +€16 | +8.9% |
| Recurring financial charges | 65 | €183 | €199 | +€16 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,028 | -€616 | +€2,412 | +79.6% |
| Profit (loss) for the period | 9904 | -€3,028 | -€616 | +€2,412 | +79.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,028 | -€616 | +€2,412 | +79.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.