EL MARS: what changed
Two fiscal 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.
EL MARS
Largest movements
- Cash +€1,491
up €1,491 (+135.4%), from €1,100 to €2,591
mainly Trade debts (+€3,779) and Net result for the year (+€1,340)
- Trade debts +€3,779
up €3,779 (+387.1%), from €976 to €4,755
- Other debts -€3,625
down €3,625 (-90.6%), from €4,000 to €375
- Profit (loss) carried forward +€1,340
up €1,340 (+7.0%), from -€19,127 to -€17,787
- Tax, wage and social debts -€1,200
down €1,200 (-97.2%), from €1,235 to €35
of which Remuneration and social security: -€1,200
- Accrued charges and deferred income +€1,200
new in 2025: €1,200
- Gross operating margin +€4,179
up €4,179, from -€2,058 to €2,121
- Depreciation -€1,303
no longer reported in 2025 (was €1,303)
- Other operating charges +€262
up €262 (+67.7%), from €387 to €650
- Financial charges +€27
up €27 (+26.4%), from €104 to €131
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.
Cash bridge derived
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 | €2,816 | €4,310 | +€1,495 | +53.1% |
| Fixed assets | 21/28 | €1,220 | €1,220 | = | 0.0% |
| Financial fixed assets | 28 | €1,220 | €1,220 | = | 0.0% |
| Current assets | 29/58 | €1,596 | €3,090 | +€1,495 | +93.7% |
| Amounts receivable within one year | 40/41 | €495 | €499 | +€4 | +0.8% |
| Other amounts receivable | 41 | €495 | €499 | +€4 | +0.8% |
| Cash at bank and in hand | 54/58 | €1,100 | €2,591 | +€1,491 | +135.4% |
| Total equity and liabilities | 10/49 | €2,816 | €4,310 | +€1,495 | +53.1% |
| Equity | 10/15 | -€3,395 | -€2,055 | +€1,340 | +39.5% |
| Contributions | 10/11 | €15,732 | €15,732 | = | 0.0% |
| Outside capital | 11 | €15,732 | €15,732 | = | 0.0% |
| Other | 1109/19 | €15,732 | €15,732 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,127 | -€17,787 | +€1,340 | +7.0% |
| Amounts payable | 17/49 | €6,211 | €6,365 | +€154 | +2.5% |
| Amounts payable within one year | 42/48 | €6,211 | €5,165 | -€1,046 | -16.8% |
| Trade debts | 44 | €976 | €4,755 | +€3,779 | +387.1% |
| Suppliers | 440/4 | €976 | €4,755 | +€3,779 | +387.1% |
| Taxes, remuneration and social security | 45 | €1,235 | €35 | -€1,200 | -97.2% |
| Taxes | 450/3 | €35 | €35 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,200 | - | -€1,200 | |
| Other amounts payable | 47/48 | €4,000 | €375 | -€3,625 | -90.6% |
| Accrued charges and deferred income | 492/3 | - | €1,200 | +€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,303 | - | -€1,303 | |
| Other operating charges | 640/8 | €387 | €650 | +€262 | +67.7% |
| Gross operating margin | 9900 | -€2,058 | €2,121 | +€4,179 | |
| Operating profit (loss) | 9901 | -€3,748 | €1,472 | +€5,219 | |
| Financial charges | 65/66B | €104 | €131 | +€27 | +26.4% |
| Recurring financial charges | 65 | €104 | €131 | +€27 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,852 | €1,340 | +€5,192 | |
| Profit (loss) for the period | 9904 | -€3,852 | €1,340 | +€5,192 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,852 | €1,340 | +€5,192 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.