Marathon Consulting: 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.
Marathon Consulting
Largest movements
- Cash +€45,248
up €45,248 (+543.5%), from €8,325 to €53,573
mainly Net result for the year (+€39,767) and Tax, wage and social debts (+€10,968)
- Receivables within one year +€9,164
up €9,164 (+111.4%), from €8,228 to €17,392
- Deferred charges and accrued income -€2,156
down €2,156 (-100.0%), from €2,156 to €0
- Reserves +€39,767
up €39,767 (+742.0%), from €5,359 to €45,127
- Tax, wage and social debts +€10,968
up €10,968 (+138.6%), from €7,912 to €18,880
of which Taxes: +€10,968
- Other debts +€1,865
up €1,865 (+62.2%), from €3,000 to €4,865
- Trade debts -€948
down €948 (-37.1%), from €2,557 to €1,609
- Gross operating margin +€46,633
up €46,633 (+896.1%), from €5,204 to €51,837
- Taxes +€9,272
up €9,272 (+607.6%), from €1,526 to €10,798
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.
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 | €20,328 | €72,159 | +€51,830 | +255.0% |
| Fixed assets | 21/28 | €1,619 | €1,194 | -€425 | -26.2% |
| Tangible fixed assets | 22/27 | €1,619 | €1,194 | -€425 | -26.2% |
| Plant, machinery and equipment | 23 | €1,619 | €1,194 | -€425 | -26.2% |
| Current assets | 29/58 | €18,709 | €70,964 | +€52,255 | +279.3% |
| Amounts receivable within one year | 40/41 | €8,228 | €17,392 | +€9,164 | +111.4% |
| Trade receivables | 40 | €8,228 | €17,392 | +€9,164 | +111.4% |
| Cash at bank and in hand | 54/58 | €8,325 | €53,573 | +€45,248 | +543.5% |
| Deferred charges and accrued income | 490/1 | €2,156 | €0 | -€2,156 | -100.0% |
| Total equity and liabilities | 10/49 | €20,328 | €72,159 | +€51,830 | +255.0% |
| Equity | 10/15 | €6,859 | €46,627 | +€39,767 | +579.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €5,359 | €45,127 | +€39,767 | +742.0% |
| Distributable reserves | 133 | €5,359 | €45,127 | +€39,767 | +742.0% |
| Amounts payable | 17/49 | €13,469 | €25,532 | +€12,063 | +89.6% |
| Amounts payable within one year | 42/48 | €13,469 | €25,354 | +€11,885 | +88.2% |
| Trade debts | 44 | €2,557 | €1,609 | -€948 | -37.1% |
| Suppliers | 440/4 | €2,557 | €1,609 | -€948 | -37.1% |
| Taxes, remuneration and social security | 45 | €7,912 | €18,880 | +€10,968 | +138.6% |
| Taxes | 450/3 | €7,912 | €18,880 | +€10,968 | +138.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,000 | €4,865 | +€1,865 | +62.2% |
| Accrued charges and deferred income | 492/3 | - | €178 | +€178 | |
| Non-recurring operating income | 76A | €19 | €0 | -€19 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €425 | €425 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €396 | +€9 | +2.2% |
| Gross operating margin | 9900 | €5,204 | €51,837 | +€46,633 | +896.1% |
| Operating profit (loss) | 9901 | €4,392 | €51,016 | +€46,625 | +1061.7% |
| Financial income | 75/76B | €9 | €0 | -€9 | -100.0% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100.0% |
| Financial charges | 65/66B | €477 | €451 | -€26 | -5.4% |
| Recurring financial charges | 65 | €477 | €451 | -€26 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €3,924 | €50,566 | +€46,641 | +1188.5% |
| Income taxes | 67/77 | €1,526 | €10,798 | +€9,272 | +607.6% |
| Profit (loss) for the period | 9904 | €2,398 | €39,767 | +€37,369 | +1558.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,398 | €39,767 | +€37,369 | +1558.1% |
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 12 October 2026 via checked.be.