Dr. ANTIC MARIJANA: what changed
Dr. ANTIC MARIJANA
Largest movements
- Receivables within one year -€191,267
no longer reported in 2025 (was €191,267)
- Cash +€113,222
up €113,222 (+28.5%), from €396,880 to €510,102
mainly Net result for the year (+€363,614) and Receivables within one year (+€191,267)
- Deferred charges and accrued income +€45,545
up €45,545 (+32.7%), from €139,116 to €184,661
- Tangible fixed assets +€9,246
up €9,246 (+2,472%), from €374 to €9,620
of which Plant, machinery and equipment: +€9,389
- Other debts +€181,345
new in 2025: €181,345
- Profit (loss) carried forward -€135,051
down €135,051 (-27.1%), from €498,665 to €363,614
- Tax, wage and social debts -€92,005
down €92,005 (-95.3%), from €96,576 to €4,571
- Trade debts +€22,056
up €22,056 (+32.8%), from €67,296 to €89,353
- Gross operating margin +€110,382
up €110,382 (+29.7%), from €371,917 to €482,299
- Taxes +€27,238
up €27,238 (+30.5%), from €89,296 to €116,534
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 | €727,637 | €704,383 | -€23,254 | -3.2% |
| Fixed assets | 21/28 | €374 | €9,620 | +€9,246 | +2,472% |
| Tangible fixed assets | 22/27 | €374 | €9,620 | +€9,246 | +2,472% |
| Plant, machinery and equipment | 23 | - | €9,389 | +€9,389 | |
| Furniture and vehicles | 24 | €374 | €231 | -€143 | -38.3% |
| Current assets | 29/58 | €727,263 | €694,763 | -€32,500 | -4.5% |
| Amounts receivable within one year | 40/41 | €191,267 | - | -€191,267 | |
| Other amounts receivable | 41 | €191,267 | - | -€191,267 | |
| Cash at bank and in hand | 54/58 | €396,880 | €510,102 | +€113,222 | +28.5% |
| Deferred charges and accrued income | 490/1 | €139,116 | €184,661 | +€45,545 | +32.7% |
| Total equity and liabilities | 10/49 | €727,637 | €704,383 | -€23,254 | -3.2% |
| Equity | 10/15 | €563,765 | €428,714 | -€135,051 | -24.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €63,100 | €63,100 | = | 0.0% |
| Distributable reserves | 133 | €63,100 | €63,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €498,665 | €363,614 | -€135,051 | -27.1% |
| Amounts payable | 17/49 | €163,872 | €275,669 | +€111,796 | +68.2% |
| Amounts payable within one year | 42/48 | €163,872 | €275,269 | +€111,397 | +68.0% |
| Trade debts | 44 | €67,296 | €89,353 | +€22,056 | +32.8% |
| Suppliers | 440/4 | €67,296 | €89,353 | +€22,056 | +32.8% |
| Taxes, remuneration and social security | 45 | €96,576 | €4,571 | -€92,005 | -95.3% |
| Taxes | 450/3 | €96,576 | €4,571 | -€92,005 | -95.3% |
| Other amounts payable | 47/48 | - | €181,345 | +€181,345 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143 | €303 | +€159 | +111% |
| Other operating charges | 640/8 | €451 | €1,320 | +€869 | +193% |
| Gross operating margin | 9900 | €371,917 | €482,299 | +€110,382 | +29.7% |
| Operating profit (loss) | 9901 | €371,323 | €480,677 | +€109,354 | +29.4% |
| Financial income | 75/76B | €6,236 | €4,044 | -€2,193 | -35.2% |
| Recurring financial income | 75 | €6,236 | €4,044 | -€2,193 | -35.2% |
| Financial charges | 65/66B | €5,242 | €4,572 | -€669 | -12.8% |
| Recurring financial charges | 65 | €5,242 | €4,572 | -€669 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €372,317 | €480,148 | +€107,831 | +29.0% |
| Income taxes | 67/77 | €89,296 | €116,534 | +€27,238 | +30.5% |
| Profit (loss) for the period | 9904 | €283,021 | €363,614 | +€80,593 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €283,021 | €363,614 | +€80,593 | +28.5% |
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 4 November 2026 via checked.be.