DR.BART & MARC MARIËN: 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.
DR.BART & MARC MARIËN
Largest movements
- Tangible fixed assets -€53,305
down €53,305 (-23.9%), from €222,706 to €169,401
of which Other tangible fixed assets: -€34,641
- Cash +€39,486
up €39,486 (+11.7%), from €337,096 to €376,582
mainly Net result for the year (+€673,211) and Tax, wage and social debts (+€170,556)
- Receivables within one year -€16,000
down €16,000 (-32.1%), from €49,900 to €33,900
- Deferred charges and accrued income +€11,012
up €11,012 (+33.8%), from €32,604 to €43,616
- Other debts -€192,764
down €192,764 (-34.9%), from €551,661 to €358,897
- Tax, wage and social debts +€170,556
up €170,556 (+319%), from €53,501 to €224,057
of which Taxes: +€169,294
- Trade debts +€13,617
up €13,617 (+211%), from €6,469 to €20,086
- Current portion of long-term debt -€10,215
no longer reported in 2025 (was €10,215)
- Gross operating margin +€455,532
up €455,532 (+83.9%), from €543,000 to €998,532
- Taxes +€124,657
up €124,657 (+121%), from €103,060 to €227,717
- Depreciation -€15,698
down €15,698 (-19.2%), from €81,556 to €65,858
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 | €642,306 | €623,500 | -€18,806 | -2.9% |
| Fixed assets | 21/28 | €222,706 | €169,401 | -€53,305 | -23.9% |
| Tangible fixed assets | 22/27 | €222,706 | €169,401 | -€53,305 | -23.9% |
| Plant, machinery and equipment | 23 | €226 | - | -€226 | |
| Furniture and vehicles | 24 | €52,454 | €34,016 | -€18,438 | -35.2% |
| Other tangible fixed assets | 26 | €170,027 | €135,386 | -€34,641 | -20.4% |
| Current assets | 29/58 | €419,600 | €454,098 | +€34,499 | +8.2% |
| Amounts receivable within one year | 40/41 | €49,900 | €33,900 | -€16,000 | -32.1% |
| Other amounts receivable | 41 | €49,900 | €33,900 | -€16,000 | -32.1% |
| Cash at bank and in hand | 54/58 | €337,096 | €376,582 | +€39,486 | +11.7% |
| Deferred charges and accrued income | 490/1 | €32,604 | €43,616 | +€11,012 | +33.8% |
| Total equity and liabilities | 10/49 | €642,306 | €623,500 | -€18,806 | -2.9% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Amounts payable | 17/49 | €621,846 | €603,040 | -€18,806 | -3.0% |
| Amounts payable within one year | 42/48 | €621,846 | €603,040 | -€18,806 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €10,215 | - | -€10,215 | |
| Trade debts | 44 | €6,469 | €20,086 | +€13,617 | +211% |
| Suppliers | 440/4 | €6,469 | €20,086 | +€13,617 | +211% |
| Taxes, remuneration and social security | 45 | €53,501 | €224,057 | +€170,556 | +319% |
| Taxes | 450/3 | €49,688 | €218,982 | +€169,294 | +341% |
| Remuneration and social security | 454/9 | €3,813 | €5,075 | +€1,262 | +33.1% |
| Other amounts payable | 47/48 | €551,661 | €358,897 | -€192,764 | -34.9% |
| Remuneration, social security and pensions | 62 | €31,200 | €29,028 | -€2,172 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,556 | €65,858 | -€15,698 | -19.2% |
| Other operating charges | 640/8 | €2,177 | €2,189 | +€12 | +0.6% |
| Gross operating margin | 9900 | €543,000 | €998,532 | +€455,532 | +83.9% |
| Operating profit (loss) | 9901 | €428,067 | €901,457 | +€473,390 | +111% |
| Financial income | 75/76B | €9 | €1 | -€8 | -88.5% |
| Recurring financial income | 75 | €9 | €1 | -€8 | -88.5% |
| Financial charges | 65/66B | €1,097 | €530 | -€567 | -51.7% |
| Recurring financial charges | 65 | €1,097 | €530 | -€567 | -51.7% |
| Profit (loss) for the period before taxes | 9903 | €426,978 | €900,928 | +€473,950 | +111% |
| Income taxes | 67/77 | €103,060 | €227,717 | +€124,657 | +121% |
| Profit (loss) for the period | 9904 | €323,918 | €673,211 | +€349,293 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €323,918 | €673,211 | +€349,293 | +108% |
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 26 October 2026 via checked.be.