Het is Maarnix: 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.
Het is Maarnix
Largest movements
- Cash -€45,104
down €45,104 (-59.0%), from €76,481 to €31,377
mainly Net result for the year (-€38,055) and Receivables within one year (-€31,254)
- Receivables within one year +€31,254
up €31,254 (+1,658%), from €1,885 to €33,139
- Stocks and contracts +€8,464
up €8,464 (+46.6%), from €18,167 to €26,632
- Financial fixed assets +€4,010
new in 2025: €4,010
- Tangible fixed assets +€1,764
up €1,764 (+38.0%), from €4,642 to €6,405
- Profit (loss) carried forward -€38,055
down €38,055 (-104%), from -€36,732 to -€74,787
- Other debts +€31,099
up €31,099 (+31.2%), from €99,612 to €130,711
- Trade debts +€6,690
up €6,690 (+20.8%), from €32,124 to €38,814
- Tax, wage and social debts +€1,700
up €1,700 (+30.5%), from €5,565 to €7,264
of which Remuneration and social security: +€935
- Gross operating margin -€4,919
down €4,919 (-57.1%), from €8,621 to €3,701
- Staff costs +€2,280
up €2,280 (+6.2%), from €36,631 to €38,911
- Depreciation +€690
up €690 (+62.2%), from €1,109 to €1,798
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 | €101,568 | €103,063 | +€1,495 | +1.5% |
| Fixed assets | 21/28 | €4,642 | €10,415 | +€5,773 | +124% |
| Tangible fixed assets | 22/27 | €4,642 | €6,405 | +€1,764 | +38.0% |
| Other tangible fixed assets | 26 | €4,642 | €6,405 | +€1,764 | +38.0% |
| Financial fixed assets | 28 | - | €4,010 | +€4,010 | |
| Current assets | 29/58 | €96,927 | €92,648 | -€4,278 | -4.4% |
| Stocks and contracts in progress | 3 | €18,167 | €26,632 | +€8,464 | +46.6% |
| Stocks | 30/36 | €18,167 | €26,632 | +€8,464 | +46.6% |
| Amounts receivable within one year | 40/41 | €1,885 | €33,139 | +€31,254 | +1,658% |
| Trade receivables | 40 | €1,885 | €33,139 | +€31,254 | +1,658% |
| Cash at bank and in hand | 54/58 | €76,481 | €31,377 | -€45,104 | -59.0% |
| Deferred charges and accrued income | 490/1 | €393 | €1,501 | +€1,108 | +282% |
| Total equity and liabilities | 10/49 | €101,568 | €103,063 | +€1,495 | +1.5% |
| Equity | 10/15 | -€35,732 | -€73,787 | -€38,055 | -106% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,732 | -€74,787 | -€38,055 | -104% |
| Amounts payable | 17/49 | €137,301 | €176,850 | +€39,550 | +28.8% |
| Amounts payable within one year | 42/48 | €137,301 | €176,789 | +€39,489 | +28.8% |
| Trade debts | 44 | €32,124 | €38,814 | +€6,690 | +20.8% |
| Suppliers | 440/4 | €32,124 | €38,814 | +€6,690 | +20.8% |
| Taxes, remuneration and social security | 45 | €5,565 | €7,264 | +€1,700 | +30.5% |
| Taxes | 450/3 | €1,975 | €2,740 | +€765 | +38.7% |
| Remuneration and social security | 454/9 | €3,590 | €4,524 | +€935 | +26.0% |
| Other amounts payable | 47/48 | €99,612 | €130,711 | +€31,099 | +31.2% |
| Accrued charges and deferred income | 492/3 | €0 | €61 | +€61 | |
| Remuneration, social security and pensions | 62 | €36,631 | €38,911 | +€2,280 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,109 | €1,798 | +€690 | +62.2% |
| Other operating charges | 640/8 | €753 | €801 | +€48 | +6.4% |
| Gross operating margin | 9900 | €8,621 | €3,701 | -€4,919 | -57.1% |
| Operating profit (loss) | 9901 | -€29,872 | -€37,809 | -€7,938 | -26.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €249 | €245 | -€3 | -1.4% |
| Recurring financial charges | 65 | €249 | €245 | -€3 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€30,121 | -€38,055 | -€7,934 | -26.3% |
| Profit (loss) for the period | 9904 | -€30,121 | -€38,055 | -€7,934 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,121 | -€38,055 | -€7,934 | -26.3% |
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 17 October 2026 via checked.be.