MAQUILLAGE: 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.
MAQUILLAGE
Largest movements
- Tangible fixed assets -€6,436
down €6,436 (-16.0%), from €40,114 to €33,677
- Profit (loss) carried forward -€7,050
down €7,050 (-8.4%), from €83,505 to €76,455
- Depreciation -€5,221
down €5,221 (-44.8%), from €11,657 to €6,436
- Gross operating margin +€1,906
up €1,906 (+417%), from €457 to €2,364
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.
Derived cash bridge
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 | €119,152 | €112,998 | -€6,154 | -5.2% |
| Fixed assets | 21/28 | €40,114 | €33,677 | -€6,436 | -16.0% |
| Tangible fixed assets | 22/27 | €40,114 | €33,677 | -€6,436 | -16.0% |
| Other tangible fixed assets | 26 | €40,114 | €33,677 | -€6,436 | -16.0% |
| Current assets | 29/58 | €79,038 | €79,320 | +€282 | +0.4% |
| Amounts receivable within one year | 40/41 | €569 | €1,109 | +€540 | +94.8% |
| Trade receivables | 40 | €335 | €1,109 | +€774 | +231% |
| Other amounts receivable | 41 | €234 | - | -€234 | |
| Cash at bank and in hand | 54/58 | €78,469 | €78,212 | -€257 | -0.3% |
| Total equity and liabilities | 10/49 | €119,152 | €112,998 | -€6,154 | -5.2% |
| Equity | 10/15 | €117,981 | €110,931 | -€7,050 | -6.0% |
| Contributions | 10/11 | €31,013 | €31,013 | = | 0.0% |
| Contributions outside capital | 11 | €31,013 | €31,013 | = | 0.0% |
| Other | 1109/19 | €31,013 | €31,013 | = | 0.0% |
| Reserves | 13 | €3,463 | €3,463 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,463 | €3,463 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,463 | €3,463 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,505 | €76,455 | -€7,050 | -8.4% |
| Amounts payable | 17/49 | €1,171 | €2,067 | +€896 | +76.5% |
| Amounts payable within one year | 42/48 | €1,171 | €2,067 | +€896 | +76.5% |
| Trade debts | 44 | €158 | €1,282 | +€1,124 | +712% |
| Suppliers | 440/4 | €158 | €1,282 | +€1,124 | +712% |
| Taxes, remuneration and social security | 45 | €228 | - | -€228 | |
| Taxes | 450/3 | €228 | - | -€228 | |
| Other amounts payable | 47/48 | €785 | €785 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,657 | €6,436 | -€5,221 | -44.8% |
| Other operating charges | 640/8 | €2,881 | €2,902 | +€21 | +0.7% |
| Gross operating margin | 9900 | €457 | €2,364 | +€1,906 | +417% |
| Operating profit (loss) | 9901 | -€14,081 | -€6,975 | +€7,106 | +50.5% |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.1% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,154 | -€7,050 | +€7,104 | +50.2% |
| Profit (loss) for the period | 9904 | -€14,154 | -€7,050 | +€7,104 | +50.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,154 | -€7,050 | +€7,104 | +50.2% |
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 19 October 2026 via checked.be.