MARIS MAKELAARS: 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.
MARIS MAKELAARS
Largest movements
- Tangible fixed assets -€13,239
down €13,239 (-20.1%), from €66,008 to €52,769
of which Land and buildings: -€13,058
- Cash +€5,710
up €5,710 (+145%), from €3,925 to €9,636
mainly Depreciation (+€14,261) and Net result for the year (+€2,566)
- Debts after one year -€11,784
down €11,784 (-24.0%), from €49,006 to €37,222
- Profit (loss) carried forward +€2,566
up €2,566 (+42.6%), from -€6,022 to -€3,456
- Other debts +€1,854
up €1,854 (+94.8%), from €1,955 to €3,809
- Tax, wage and social debts -€1,049
down €1,049 (-36.6%), from €2,862 to €1,813
- Trade debts +€817
up €817 (+75.5%), from €1,082 to €1,899
- Gross operating margin +€9,370
up €9,370 (+72.9%), from €12,846 to €22,215
- Financial charges +€816
up €816 (+51.8%), from €1,575 to €2,390
- Taxes +€606
up €606 (+351%), from €173 to €778
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 | €72,599 | €65,470 | -€7,129 | -9.8% |
| Fixed assets | 21/28 | €66,008 | €52,769 | -€13,239 | -20.1% |
| Tangible fixed assets | 22/27 | €66,008 | €52,769 | -€13,239 | -20.1% |
| Land and buildings | 22 | €63,958 | €50,900 | -€13,058 | -20.4% |
| Plant, machinery and equipment | 23 | €556 | €340 | -€216 | -38.8% |
| Furniture and vehicles | 24 | €1,494 | €1,528 | +€35 | +2.3% |
| Current assets | 29/58 | €6,591 | €12,701 | +€6,110 | +92.7% |
| Amounts receivable within one year | 40/41 | €1,682 | €2,060 | +€378 | +22.5% |
| Trade receivables | 40 | €1,355 | €2,060 | +€705 | +52.0% |
| Other amounts receivable | 41 | €327 | - | -€327 | |
| Cash at bank and in hand | 54/58 | €3,925 | €9,636 | +€5,710 | +145% |
| Deferred charges and accrued income | 490/1 | €984 | €1,005 | +€22 | +2.2% |
| Total equity and liabilities | 10/49 | €72,599 | €65,470 | -€7,129 | -9.8% |
| Equity | 10/15 | €6,378 | €8,944 | +€2,566 | +40.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,022 | -€3,456 | +€2,566 | +42.6% |
| Amounts payable | 17/49 | €66,221 | €56,526 | -€9,695 | -14.6% |
| Amounts payable after more than one year | 17 | €49,006 | €37,222 | -€11,784 | -24.0% |
| Financial debts | 170/4 | €49,006 | €37,222 | -€11,784 | -24.0% |
| Amounts payable within one year | 42/48 | €17,215 | €19,305 | +€2,089 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €11,316 | €11,784 | +€468 | +4.1% |
| Trade debts | 44 | €1,082 | €1,899 | +€817 | +75.5% |
| Suppliers | 440/4 | €1,082 | €1,899 | +€817 | +75.5% |
| Taxes, remuneration and social security | 45 | €2,862 | €1,813 | -€1,049 | -36.6% |
| Taxes | 450/3 | €2,862 | €1,813 | -€1,049 | -36.6% |
| Other amounts payable | 47/48 | €1,955 | €3,809 | +€1,854 | +94.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,203 | €14,261 | +€58 | +0.4% |
| Other operating charges | 640/8 | €2,022 | €2,225 | +€203 | +10.0% |
| Gross operating margin | 9900 | €12,846 | €22,215 | +€9,370 | +72.9% |
| Operating profit (loss) | 9901 | -€3,380 | €5,729 | +€9,108 | |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €1,575 | €2,390 | +€816 | +51.8% |
| Recurring financial charges | 65 | €1,575 | €2,390 | +€816 | +51.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,955 | €3,344 | +€8,299 | |
| Income taxes | 67/77 | €173 | €778 | +€606 | +351% |
| Profit (loss) for the period | 9904 | -€5,128 | €2,566 | +€7,693 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,128 | €2,566 | +€7,693 |
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 14 October 2026 via checked.be.