AYSEL MARCHÉS: 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.
AYSEL MARCHÉS
Largest movements
- Tangible fixed assets +€7,149
up €7,149 (+212%), from €3,373 to €10,521
of which Other tangible fixed assets: +€5,386
- Cash +€4,900
up €4,900 (+47.1%), from €10,403 to €15,303
mainly Tax, wage and social debts (+€6,067) and Trade debts (+€5,904)
- Receivables within one year +€956
up €956 (+642%), from €149 to €1,105
- Tax, wage and social debts +€6,067
up €6,067 (+185%), from €3,284 to €9,350
of which Remuneration and social security: +€5,440
- Trade debts +€5,904
up €5,904 (+204%), from €2,891 to €8,794
- Profit (loss) carried forward +€2,838
up €2,838 (+54.7%), from €5,192 to €8,030
- Other debts -€2,165
down €2,165 (-30.6%), from €7,083 to €4,917
- Gross operating margin +€12,829
up €12,829 (+197%), from €6,501 to €19,330
- Staff costs +€7,014
up €7,014 (+351%), from €1,996 to €9,010
- Depreciation +€2,683
up €2,683 (+545%), from €492 to €3,175
- Other operating charges +€1,952
up €1,952 (+230%), from €850 to €2,802
- Taxes +€326
up €326 (+33.7%), from €968 to €1,294
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 | €23,449 | €36,092 | +€12,643 | +53.9% |
| Fixed assets | 21/28 | €8,623 | €15,771 | +€7,149 | +82.9% |
| Tangible fixed assets | 22/27 | €3,373 | €10,521 | +€7,149 | +212% |
| Plant, machinery and equipment | 23 | - | €2,575 | +€2,575 | |
| Furniture and vehicles | 24 | €3,373 | €2,560 | -€813 | -24.1% |
| Other tangible fixed assets | 26 | - | €5,386 | +€5,386 | |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €14,826 | €20,321 | +€5,495 | +37.1% |
| Stocks and contracts in progress | 3 | €4,274 | €3,913 | -€361 | -8.4% |
| Stocks | 30/36 | €4,274 | €3,913 | -€361 | -8.4% |
| Amounts receivable within one year | 40/41 | €149 | €1,105 | +€956 | +642% |
| Other amounts receivable | 41 | €149 | €1,105 | +€956 | +642% |
| Cash at bank and in hand | 54/58 | €10,403 | €15,303 | +€4,900 | +47.1% |
| Total equity and liabilities | 10/49 | €23,449 | €36,092 | +€12,643 | +53.9% |
| Equity | 10/15 | €10,192 | €13,030 | +€2,838 | +27.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,192 | €8,030 | +€2,838 | +54.7% |
| Amounts payable | 17/49 | €13,257 | €23,062 | +€9,805 | +74.0% |
| Amounts payable within one year | 42/48 | €13,257 | €23,062 | +€9,805 | +74.0% |
| Trade debts | 44 | €2,891 | €8,794 | +€5,904 | +204% |
| Suppliers | 440/4 | €2,891 | €8,794 | +€5,904 | +204% |
| Taxes, remuneration and social security | 45 | €3,284 | €9,350 | +€6,067 | +185% |
| Taxes | 450/3 | €2,275 | €2,902 | +€627 | +27.6% |
| Remuneration and social security | 454/9 | €1,009 | €6,448 | +€5,440 | +539% |
| Other amounts payable | 47/48 | €7,083 | €4,917 | -€2,165 | -30.6% |
| Remuneration, social security and pensions | 62 | €1,996 | €9,010 | +€7,014 | +351% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €492 | €3,175 | +€2,683 | +545% |
| Other operating charges | 640/8 | €850 | €2,802 | +€1,952 | +230% |
| Gross operating margin | 9900 | €6,501 | €19,330 | +€12,829 | +197% |
| Operating profit (loss) | 9901 | €3,163 | €4,343 | +€1,180 | +37.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €329 | €210 | -€119 | -36.1% |
| Recurring financial charges | 65 | €329 | €210 | -€119 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €2,834 | €4,133 | +€1,298 | +45.8% |
| Income taxes | 67/77 | €968 | €1,294 | +€326 | +33.7% |
| Profit (loss) for the period | 9904 | €1,866 | €2,838 | +€972 | +52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,866 | €2,838 | +€972 | +52.1% |
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 31 October 2026 via checked.be.