Fiduciaire Marchoise: 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.
Fiduciaire Marchoise
Largest movements
- Receivables within one year +€19,313
up €19,313 (+23.8%), from €81,113 to €100,425
of which Trade receivables: +€23,279
- Deferred charges and accrued income +€1,824
new in 2025: €1,824
- Cash +€1,500
up €1,500 (+14.5%), from €10,371 to €11,871
mainly Net result for the year (+€18,743) and Trade debts (+€4,802)
- Profit (loss) carried forward +€18,743
up €18,743 (+32.8%), from €57,079 to €75,821
- Trade debts +€4,802
up €4,802 (+37.4%), from €12,843 to €17,645
- Other debts -€2,516
no longer reported in 2025 (was €2,516)
- Staff costs -€31,425
down €31,425 (-92.9%), from €33,839 to €2,414
- Gross operating margin -€29,313
down €29,313 (-42.7%), from €68,591 to €39,277
- Depreciation -€8,467
down €8,467 (-89.9%), from €9,423 to €955
- Other operating charges -€3,607
down €3,607 (-30.1%), from €11,997 to €8,390
- Taxes +€2,395
up €2,395 (+41.5%), from €5,775 to €8,170
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 | €98,657 | €120,286 | +€21,629 | +21.9% |
| Fixed assets | 21/28 | €7,174 | €6,166 | -€1,007 | -14.0% |
| Tangible fixed assets | 22/27 | €4,122 | €3,166 | -€955 | -23.2% |
| Plant, machinery and equipment | 23 | €4,122 | €3,166 | -€955 | -23.2% |
| Financial fixed assets | 28 | €3,052 | €3,000 | -€52 | -1.7% |
| Current assets | 29/58 | €91,483 | €114,120 | +€22,637 | +24.7% |
| Amounts receivable within one year | 40/41 | €81,113 | €100,425 | +€19,313 | +23.8% |
| Trade receivables | 40 | €73,200 | €96,480 | +€23,279 | +31.8% |
| Other amounts receivable | 41 | €7,912 | €3,946 | -€3,967 | -50.1% |
| Cash at bank and in hand | 54/58 | €10,371 | €11,871 | +€1,500 | +14.5% |
| Deferred charges and accrued income | 490/1 | - | €1,824 | +€1,824 | |
| Total equity and liabilities | 10/49 | €98,657 | €120,286 | +€21,629 | +21.9% |
| Equity | 10/15 | €77,539 | €96,281 | +€18,743 | +24.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,079 | €75,821 | +€18,743 | +32.8% |
| Amounts payable | 17/49 | €21,118 | €24,005 | +€2,887 | +13.7% |
| Amounts payable within one year | 42/48 | €21,118 | €24,005 | +€2,887 | +13.7% |
| Trade debts | 44 | €12,843 | €17,645 | +€4,802 | +37.4% |
| Suppliers | 440/4 | €12,843 | €17,645 | +€4,802 | +37.4% |
| Taxes, remuneration and social security | 45 | €5,760 | €6,360 | +€600 | +10.4% |
| Taxes | 450/3 | €5,676 | €6,360 | +€684 | +12.1% |
| Remuneration and social security | 454/9 | €84 | - | -€84 | |
| Other amounts payable | 47/48 | €2,516 | - | -€2,516 | |
| Remuneration, social security and pensions | 62 | €33,839 | €2,414 | -€31,425 | -92.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,423 | €955 | -€8,467 | -89.9% |
| Other operating charges | 640/8 | €11,997 | €8,390 | -€3,607 | -30.1% |
| Gross operating margin | 9900 | €68,591 | €39,277 | -€29,313 | -42.7% |
| Operating profit (loss) | 9901 | €13,332 | €27,518 | +€14,186 | +106% |
| Financial charges | 65/66B | €994 | €605 | -€389 | -39.1% |
| Recurring financial charges | 65 | €994 | €605 | -€389 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €12,338 | €26,913 | +€14,574 | +118% |
| Income taxes | 67/77 | €5,775 | €8,170 | +€2,395 | +41.5% |
| Profit (loss) for the period | 9904 | €6,564 | €18,743 | +€12,179 | +186% |
| Profit (loss) for the period to be appropriated | 9905 | €6,564 | €18,743 | +€12,179 | +186% |
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.