KOEN MARIS: 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.
KOEN MARIS
Largest movements
- Tangible fixed assets -€12,325
down €12,325 (-56.4%), from €21,837 to €9,512
- Receivables within one year -€6,515
down €6,515 (-11.8%), from €55,073 to €48,558
of which Other amounts receivable: -€18,682
- Receivables after one year -€4,100
down €4,100 (-66.7%), from €6,150 to €2,050
- Cash -€1,906
down €1,906 (-13.4%), from €14,248 to €12,342
mainly Contributions, distributions and other (-€23,195) and Debts after one year (-€8,197)
- Reserves -€12,507
down €12,507 (-19.5%), from €64,034 to €51,526
- Debts after one year -€8,197
down €8,197 (-100.0%), from €8,197 to €0
- Current portion of long-term debt -€2,970
down €2,970 (-26.6%), from €11,167 to €8,197
- Short-term financial debts -€1,518
down €1,518 (-91.1%), from €1,667 to €149
- Gross operating margin +€1,345
up €1,345 (+4.7%), from €28,681 to €30,026
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 | €98,318 | €73,502 | -€24,816 | -25.2% |
| Fixed assets | 21/28 | €21,837 | €9,512 | -€12,325 | -56.4% |
| Tangible fixed assets | 22/27 | €21,837 | €9,512 | -€12,325 | -56.4% |
| Furniture and vehicles | 24 | €21,837 | €9,512 | -€12,325 | -56.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €76,481 | €63,990 | -€12,492 | -16.3% |
| Amounts receivable after more than one year | 29 | €6,150 | €2,050 | -€4,100 | -66.7% |
| Other amounts receivable | 291 | €6,150 | €2,050 | -€4,100 | -66.7% |
| Amounts receivable within one year | 40/41 | €55,073 | €48,558 | -€6,515 | -11.8% |
| Trade receivables | 40 | €22,595 | €34,761 | +€12,166 | +53.8% |
| Other amounts receivable | 41 | €32,478 | €13,797 | -€18,682 | -57.5% |
| Cash at bank and in hand | 54/58 | €14,248 | €12,342 | -€1,906 | -13.4% |
| Deferred charges and accrued income | 490/1 | €1,011 | €1,040 | +€30 | +2.9% |
| Total equity and liabilities | 10/49 | €98,318 | €73,502 | -€24,816 | -25.2% |
| Equity | 10/15 | €70,234 | €57,726 | -€12,507 | -17.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,034 | €51,526 | -€12,507 | -19.5% |
| Distributable reserves | 133 | €64,034 | €51,526 | -€12,507 | -19.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,085 | €15,776 | -€12,309 | -43.8% |
| Amounts payable after more than one year | 17 | €8,197 | €0 | -€8,197 | -100.0% |
| Financial debts | 170/4 | €8,197 | €0 | -€8,197 | -100.0% |
| Amounts payable within one year | 42/48 | €19,887 | €15,776 | -€4,112 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €11,167 | €8,197 | -€2,970 | -26.6% |
| Financial debts | 43 | €1,667 | €149 | -€1,518 | -91.1% |
| Credit institutions | 430/8 | €1,667 | €149 | -€1,518 | -91.1% |
| Trade debts | 44 | €1,480 | €2,462 | +€982 | +66.4% |
| Suppliers | 440/4 | €1,480 | €2,462 | +€982 | +66.4% |
| Taxes, remuneration and social security | 45 | €5,573 | €4,968 | -€605 | -10.9% |
| Taxes | 450/3 | €5,573 | €4,968 | -€605 | -10.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,853 | €13,063 | +€210 | +1.6% |
| Other operating charges | 640/8 | €1,711 | €1,791 | +€80 | +4.7% |
| Gross operating margin | 9900 | €28,681 | €30,026 | +€1,345 | +4.7% |
| Operating profit (loss) | 9901 | €14,117 | €15,172 | +€1,055 | +7.5% |
| Financial income | 75/76B | €1,628 | €1,610 | -€18 | -1.1% |
| Recurring financial income | 75 | €1,628 | €1,610 | -€18 | -1.1% |
| Financial charges | 65/66B | €1,032 | €777 | -€256 | -24.8% |
| Recurring financial charges | 65 | €1,032 | €777 | -€256 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €14,712 | €16,006 | +€1,293 | +8.8% |
| Income taxes | 67/77 | €5,092 | €5,318 | +€226 | +4.4% |
| Profit (loss) for the period | 9904 | €9,620 | €10,688 | +€1,068 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,620 | €10,688 | +€1,068 | +11.1% |
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.