EURO MARKKET: 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.
EURO MARKKET
Largest movements
- Receivables within one year +€19,833
up €19,833 (+845%), from €2,346 to €22,179
of which Other amounts receivable: +€16,452
- Stocks and contracts -€14,230
down €14,230 (-46.2%), from €30,796 to €16,566
- Tangible fixed assets -€6,917
down €6,917 (-27.4%), from €25,249 to €18,333
of which Furniture and vehicles: -€5,580
- Cash -€4,263
down €4,263 (-34.4%), from €12,401 to €8,138
mainly Receivables within one year (-€19,833) and Tax, wage and social debts (-€3,991)
- Tax, wage and social debts -€3,991
down €3,991 (-14.9%), from €26,732 to €22,741
of which Taxes: -€4,854
- Other debts -€3,546
no longer reported in 2025 (was €3,546)
- Reserves +€2,808
up €2,808 (+11.6%), from €24,163 to €26,972
of which Distributable reserves: +€2,808
- Trade debts -€849
down €849 (-73.7%), from €1,151 to €303
- Staff costs +€14,139
new in 2025: €14,139
- Turnover +€11,768
up €11,768 (+3.2%), from €365,107 to €376,875
- Purchases and services +€6,620
up €6,620 (+1.9%), from €342,790 to €349,410
- Gross operating margin +€5,147
up €5,147 (+23.1%), from €22,318 to €27,465
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 | €74,193 | €68,616 | -€5,577 | -7.5% |
| Fixed assets | 21/28 | €28,649 | €21,733 | -€6,917 | -24.1% |
| Tangible fixed assets | 22/27 | €25,249 | €18,333 | -€6,917 | -27.4% |
| Furniture and vehicles | 24 | €21,240 | €15,659 | -€5,580 | -26.3% |
| Other tangible fixed assets | 26 | €4,010 | €2,673 | -€1,337 | -33.3% |
| Financial fixed assets | 28 | €3,400 | €3,400 | = | 0.0% |
| Current assets | 29/58 | €45,544 | €46,883 | +€1,339 | +2.9% |
| Stocks and contracts in progress | 3 | €30,796 | €16,566 | -€14,230 | -46.2% |
| Stocks | 30/36 | €30,796 | €16,566 | -€14,230 | -46.2% |
| Amounts receivable within one year | 40/41 | €2,346 | €22,179 | +€19,833 | +845% |
| Trade receivables | 40 | €2,346 | €5,727 | +€3,381 | +144% |
| Other amounts receivable | 41 | - | €16,452 | +€16,452 | |
| Cash at bank and in hand | 54/58 | €12,401 | €8,138 | -€4,263 | -34.4% |
| Total equity and liabilities | 10/49 | €74,193 | €68,616 | -€5,577 | -7.5% |
| Equity | 10/15 | €42,763 | €45,572 | +€2,808 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,163 | €26,972 | +€2,808 | +11.6% |
| Non-distributable reserves | 130/1 | €37 | €37 | = | 0.0% |
| Reserves not available under the articles | 1311 | €37 | €37 | = | 0.0% |
| Distributable reserves | 133 | €24,127 | €26,935 | +€2,808 | +11.6% |
| Amounts payable | 17/49 | €31,430 | €23,044 | -€8,386 | -26.7% |
| Amounts payable within one year | 42/48 | €31,430 | €23,044 | -€8,386 | -26.7% |
| Trade debts | 44 | €1,151 | €303 | -€849 | -73.7% |
| Suppliers | 440/4 | €1,151 | €303 | -€849 | -73.7% |
| Taxes, remuneration and social security | 45 | €26,732 | €22,741 | -€3,991 | -14.9% |
| Taxes | 450/3 | €4,854 | - | -€4,854 | |
| Remuneration and social security | 454/9 | €21,878 | €22,741 | +€863 | +3.9% |
| Other amounts payable | 47/48 | €3,546 | - | -€3,546 | |
| Turnover | 70 | €365,107 | €376,875 | +€11,768 | +3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €342,790 | €349,410 | +€6,620 | +1.9% |
| Remuneration, social security and pensions | 62 | - | €14,139 | +€14,139 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,132 | €6,917 | -€215 | -3.0% |
| Other operating charges | 640/8 | €3,489 | €1,762 | -€1,727 | -49.5% |
| Gross operating margin | 9900 | €22,318 | €27,465 | +€5,147 | +23.1% |
| Operating profit (loss) | 9901 | €11,696 | €4,647 | -€7,049 | -60.3% |
| Financial income | 75/76B | €0 | €656 | +€656 | +327,975% |
| Recurring financial income | 75 | €0 | €656 | +€656 | +327,975% |
| Financial charges | 65/66B | €1,283 | €1,614 | +€331 | +25.8% |
| Recurring financial charges | 65 | €1,283 | €1,614 | +€331 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €10,413 | €3,690 | -€6,724 | -64.6% |
| Income taxes | 67/77 | €4,472 | €881 | -€3,591 | -80.3% |
| Profit (loss) for the period | 9904 | €5,941 | €2,808 | -€3,133 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,941 | €2,808 | -€3,133 | -52.7% |
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 28 October 2026 via checked.be.