Full Stack Marketing: 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.
Full Stack Marketing
Largest movements
- Cash +€25,393
up €25,393 (+21.8%), from €116,625 to €142,018
mainly Other debts (+€101,789) and Net result for the year (+€32,698)
- Tangible fixed assets -€10,958
down €10,958 (-27.7%), from €39,523 to €28,565
of which Furniture and vehicles: -€9,783
- Receivables within one year +€4,193
up €4,193 (+33.4%), from €12,557 to €16,750
of which Trade receivables: +€2,699
- Other debts +€101,789
up €101,789 (+2154.4%), from €4,725 to €106,513
- Reserves -€45,500
down €45,500 (-59.5%), from €76,500 to €31,000
- Profit (loss) carried forward -€31,302
down €31,302 (-94.5%), from €33,138 to €1,835
- Debts after one year -€7,759
down €7,759 (-35.7%), from €21,761 to €14,001
- Tax, wage and social debts +€2,032
up €2,032 (+9.6%), from €21,078 to €23,110
No income-statement line moved by more than 1% of the activity.
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 | €169,912 | €188,497 | +€18,585 | +10.9% |
| Fixed assets | 21/28 | €39,523 | €28,565 | -€10,958 | -27.7% |
| Tangible fixed assets | 22/27 | €39,523 | €28,565 | -€10,958 | -27.7% |
| Plant, machinery and equipment | 23 | €1,071 | €1,368 | +€296 | +27.7% |
| Furniture and vehicles | 24 | €34,561 | €24,778 | -€9,783 | -28.3% |
| Other tangible fixed assets | 26 | €3,890 | €2,419 | -€1,471 | -37.8% |
| Current assets | 29/58 | €130,389 | €159,932 | +€29,543 | +22.7% |
| Amounts receivable within one year | 40/41 | €12,557 | €16,750 | +€4,193 | +33.4% |
| Trade receivables | 40 | €12,075 | €14,774 | +€2,699 | +22.3% |
| Other amounts receivable | 41 | €482 | €1,976 | +€1,494 | +310.2% |
| Cash at bank and in hand | 54/58 | €116,625 | €142,018 | +€25,393 | +21.8% |
| Deferred charges and accrued income | 490/1 | €1,207 | €1,164 | -€43 | -3.6% |
| Total equity and liabilities | 10/49 | €169,912 | €188,497 | +€18,585 | +10.9% |
| Equity | 10/15 | €112,138 | €35,335 | -€76,802 | -68.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €76,500 | €31,000 | -€45,500 | -59.5% |
| Distributable reserves | 133 | €76,500 | €31,000 | -€45,500 | -59.5% |
| Profit (loss) carried forward | 14 | €33,138 | €1,835 | -€31,302 | -94.5% |
| Amounts payable | 17/49 | €57,774 | €153,162 | +€95,387 | +165.1% |
| Amounts payable after more than one year | 17 | €21,761 | €14,001 | -€7,759 | -35.7% |
| Financial debts | 170/4 | €21,761 | €14,001 | -€7,759 | -35.7% |
| Amounts payable within one year | 42/48 | €36,014 | €139,160 | +€103,147 | +286.4% |
| Current portion of amounts payable after more than one year | 42 | €7,444 | €7,759 | +€315 | +4.2% |
| Trade debts | 44 | €2,767 | €1,778 | -€989 | -35.7% |
| Suppliers | 440/4 | €2,767 | €1,778 | -€989 | -35.7% |
| Taxes, remuneration and social security | 45 | €21,078 | €23,110 | +€2,032 | +9.6% |
| Taxes | 450/3 | €21,078 | €23,110 | +€2,032 | +9.6% |
| Other amounts payable | 47/48 | €4,725 | €106,513 | +€101,789 | +2154.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,862 | €12,155 | +€292 | +2.5% |
| Other operating charges | 640/8 | - | €473 | +€473 | |
| Gross operating margin | 9900 | €55,073 | €55,365 | +€292 | +0.5% |
| Operating profit (loss) | 9901 | €43,211 | €42,738 | -€473 | -1.1% |
| Financial charges | 65/66B | €1,823 | €1,534 | -€288 | -15.8% |
| Recurring financial charges | 65 | €1,823 | €1,534 | -€288 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €41,388 | €41,203 | -€185 | -0.4% |
| Income taxes | 67/77 | €8,518 | €8,506 | -€13 | -0.1% |
| Profit (loss) for the period | 9904 | €32,870 | €32,698 | -€172 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,870 | €32,698 | -€172 | -0.5% |
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 7 October 2026 via checked.be.