MarAnFred: 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.
MarAnFred
Largest movements
- Cash +€11,597
up €11,597 (+53.7%), from €21,580 to €33,177
mainly Net result for the year (+€7,483) and Tax, wage and social debts (+€1,559)
- Tangible fixed assets -€649
down €649 (-86.8%), from €747 to €98
- Profit (loss) carried forward +€7,483
up €7,483 (+47.4%), from €15,773 to €23,256
- Tax, wage and social debts +€1,559
up €1,559 (+866.3%), from €180 to €1,739
- Other debts +€1,408
up €1,408 (+809.8%), from €174 to €1,582
- Trade debts +€499
new in 2025: €499
- Gross operating margin +€3,922
up €3,922 (+92.0%), from €4,263 to €8,185
- Depreciation -€453
down €453 (-41.1%), from €1,102 to €649
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 | €22,327 | €33,276 | +€10,948 | +49.0% |
| Fixed assets | 21/28 | €747 | €98 | -€649 | -86.8% |
| Tangible fixed assets | 22/27 | €747 | €98 | -€649 | -86.8% |
| Furniture and vehicles | 24 | €747 | €98 | -€649 | -86.8% |
| Current assets | 29/58 | €21,580 | €33,177 | +€11,597 | +53.7% |
| Cash at bank and in hand | 54/58 | €21,580 | €33,177 | +€11,597 | +53.7% |
| Total equity and liabilities | 10/49 | €22,327 | €33,276 | +€10,948 | +49.0% |
| Equity | 10/15 | €21,973 | €29,456 | +€7,483 | +34.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,773 | €23,256 | +€7,483 | +47.4% |
| Amounts payable | 17/49 | €354 | €3,820 | +€3,466 | +979.4% |
| Amounts payable within one year | 42/48 | €354 | €3,820 | +€3,466 | +979.4% |
| Trade debts | 44 | - | €499 | +€499 | |
| Suppliers | 440/4 | - | €499 | +€499 | |
| Taxes, remuneration and social security | 45 | €180 | €1,739 | +€1,559 | +866.3% |
| Taxes | 450/3 | €180 | €1,739 | +€1,559 | +866.3% |
| Other amounts payable | 47/48 | €174 | €1,582 | +€1,408 | +809.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,102 | €649 | -€453 | -41.1% |
| Gross operating margin | 9900 | €4,263 | €8,185 | +€3,922 | +92.0% |
| Operating profit (loss) | 9901 | €3,161 | €7,537 | +€4,376 | +138.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €75 | €54 | -€21 | -28.0% |
| Recurring financial charges | 65 | €75 | €54 | -€21 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | €3,086 | €7,483 | +€4,397 | +142.5% |
| Profit (loss) for the period | 9904 | €3,086 | €7,483 | +€4,397 | +142.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,086 | €7,483 | +€4,397 | +142.5% |
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.