LOUIS MARQUET: what changed
LOUIS MARQUET
Largest movements
- Tangible fixed assets +€16,326
new in 2025: €16,326
- Receivables within one year +€7,995
up €7,995 (+16.6%), from €48,221 to €56,216
of which Other amounts receivable: +€9,429
- Cash +€4,069
up €4,069 (+150%), from €2,704 to €6,773
mainly Net result for the year (+€14,046) and Other debts (+€10,000)
- Other debts +€10,000
new in 2025: €10,000
- Current portion of long-term debt +€8,965
new in 2025: €8,965
- Debts after one year +€5,648
new in 2025: €5,648
- Profit (loss) carried forward +€4,046
up €4,046 (+15.1%), from €26,735 to €30,781
- Tax, wage and social debts -€1,863
down €1,863 (-8.1%), from €22,925 to €21,063
- Gross operating margin +€5,922
up €5,922 (+30.1%), from €19,649 to €25,571
- Depreciation +€3,550
up €3,550 (+906%), from €392 to €3,942
- Taxes -€564
down €564 (-7.2%), from €7,856 to €7,293
- Financial charges +€363
up €363 (+43.9%), from €826 to €1,189
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,770 | €81,215 | +€28,444 | +53.9% |
| Fixed assets | 21/28 | - | €16,326 | +€16,326 | |
| Tangible fixed assets | 22/27 | - | €16,326 | +€16,326 | |
| Furniture and vehicles | 24 | - | €16,326 | +€16,326 | |
| Current assets | 29/58 | €52,770 | €64,889 | +€12,119 | +23.0% |
| Amounts receivable within one year | 40/41 | €48,221 | €56,216 | +€7,995 | +16.6% |
| Trade receivables | 40 | €10,541 | €9,107 | -€1,434 | -13.6% |
| Other amounts receivable | 41 | €37,680 | €47,109 | +€9,429 | +25.0% |
| Cash at bank and in hand | 54/58 | €2,704 | €6,773 | +€4,069 | +150% |
| Deferred charges and accrued income | 490/1 | €1,846 | €1,900 | +€54 | +2.9% |
| Total equity and liabilities | 10/49 | €52,770 | €81,215 | +€28,444 | +53.9% |
| Equity | 10/15 | €28,735 | €32,781 | +€4,046 | +14.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,735 | €30,781 | +€4,046 | +15.1% |
| Amounts payable | 17/49 | €24,035 | €48,434 | +€24,399 | +102% |
| Amounts payable after more than one year | 17 | - | €5,648 | +€5,648 | |
| Financial debts | 170/4 | - | €5,648 | +€5,648 | |
| Amounts payable within one year | 42/48 | €24,035 | €42,785 | +€18,750 | +78.0% |
| Current portion of amounts payable after more than one year | 42 | - | €8,965 | +€8,965 | |
| Trade debts | 44 | €1,110 | €2,757 | +€1,648 | +148% |
| Suppliers | 440/4 | €1,110 | €2,757 | +€1,648 | +148% |
| Taxes, remuneration and social security | 45 | €22,925 | €21,063 | -€1,863 | -8.1% |
| Taxes | 450/3 | €22,925 | €21,063 | -€1,863 | -8.1% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €392 | €3,942 | +€3,550 | +906% |
| Other operating charges | 640/8 | €1,331 | €1,399 | +€69 | +5.1% |
| Gross operating margin | 9900 | €19,649 | €25,571 | +€5,922 | +30.1% |
| Operating profit (loss) | 9901 | €17,926 | €20,230 | +€2,303 | +12.8% |
| Financial income | 75/76B | €2,125 | €2,297 | +€173 | +8.1% |
| Recurring financial income | 75 | €2,125 | €2,297 | +€173 | +8.1% |
| Financial charges | 65/66B | €826 | €1,189 | +€363 | +43.9% |
| Recurring financial charges | 65 | €826 | €1,189 | +€363 | +43.9% |
| Profit (loss) for the period before taxes | 9903 | €19,225 | €21,338 | +€2,113 | +11.0% |
| Income taxes | 67/77 | €7,856 | €7,293 | -€564 | -7.2% |
| Profit (loss) for the period | 9904 | €11,369 | €14,046 | +€2,677 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,369 | €14,046 | +€2,677 | +23.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.