MARC KRICK: what changed
MARC KRICK
Largest movements
- Cash +€223,399
up €223,399 (+665%), from €33,602 to €257,001
mainly Net result for the year (+€436,388) and Tax, wage and social debts (+€142,785)
- Stocks and contracts -€51,547
down €51,547 (-58.6%), from €87,958 to €36,411
of which Stocks: -€48,612
- Receivables within one year -€31,127
down €31,127 (-38.4%), from €80,968 to €49,841
of which Trade receivables: -€29,903
- Tangible fixed assets -€29,445
down €29,445 (-9.5%), from €309,116 to €279,670
of which Land and buildings: -€53,816
- Deferred charges and accrued income +€11,198
up €11,198 (+250%), from €4,479 to €15,677
- Reserves +€395,000
up €395,000 (+4,434%), from €8,908 to €403,908
of which Distributable reserves: +€395,000
- Other debts -€283,699
down €283,699 (-98.7%), from €287,516 to €3,817
- Short-term financial debts -€200,000
down €200,000 (-100%), from €200,000 to €0
- Tax, wage and social debts +€142,785
up €142,785 (+1,186%), from €12,036 to €154,821
of which Taxes: +€148,774
- Profit (loss) carried forward +€41,388
up €41,388, from -€40,864 to €524
- Gross operating margin +€511,558
up €511,558 (+143%), from €356,731 to €868,289
- Taxes +€150,795
up €150,795 (+18,426%), from €818 to €151,613
- Depreciation +€18,849
up €18,849 (+48.9%), from €38,536 to €57,385
- Staff costs -€10,367
down €10,367 (-5.0%), from €207,290 to €196,922
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 | €516,393 | €638,872 | +€122,479 | +23.7% |
| Fixed assets | 21/28 | €309,387 | €279,942 | -€29,445 | -9.5% |
| Tangible fixed assets | 22/27 | €309,116 | €279,670 | -€29,445 | -9.5% |
| Land and buildings | 22 | €180,924 | €127,108 | -€53,816 | -29.7% |
| Plant, machinery and equipment | 23 | €31,082 | €31,062 | -€20 | -0.1% |
| Furniture and vehicles | 24 | €97,109 | €121,500 | +€24,391 | +25.1% |
| Financial fixed assets | 28 | €271 | €271 | = | 0.0% |
| Current assets | 29/58 | €207,007 | €358,931 | +€151,924 | +73.4% |
| Stocks and contracts in progress | 3 | €87,958 | €36,411 | -€51,547 | -58.6% |
| Stocks | 30/36 | €75,520 | €26,908 | -€48,612 | -64.4% |
| Contracts in progress | 37 | €12,438 | €9,504 | -€2,934 | -23.6% |
| Amounts receivable within one year | 40/41 | €80,968 | €49,841 | -€31,127 | -38.4% |
| Trade receivables | 40 | €70,265 | €40,362 | -€29,903 | -42.6% |
| Other amounts receivable | 41 | €10,702 | €9,479 | -€1,223 | -11.4% |
| Cash at bank and in hand | 54/58 | €33,602 | €257,001 | +€223,399 | +665% |
| Deferred charges and accrued income | 490/1 | €4,479 | €15,677 | +€11,198 | +250% |
| Total equity and liabilities | 10/49 | €516,393 | €638,872 | +€122,479 | +23.7% |
| Equity | 10/15 | -€11,955 | €424,433 | +€436,388 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €8,908 | €403,908 | +€395,000 | +4,434% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,908 | €6,908 | = | 0.0% |
| Distributable reserves | 133 | - | €395,000 | +€395,000 | |
| Profit (loss) carried forward | 14 | -€40,864 | €524 | +€41,388 | |
| Amounts payable | 17/49 | €528,349 | €214,440 | -€313,909 | -59.4% |
| Amounts payable after more than one year | 17 | - | €35,133 | +€35,133 | |
| Financial debts | 170/4 | - | €35,133 | +€35,133 | |
| Amounts payable within one year | 42/48 | €528,349 | €179,307 | -€349,042 | -66.1% |
| Current portion of amounts payable after more than one year | 42 | - | €10,358 | +€10,358 | |
| Financial debts | 43 | €200,000 | €0 | -€200,000 | -100% |
| Other loans | 439 | €200,000 | €0 | -€200,000 | -100% |
| Trade debts | 44 | €28,797 | €10,310 | -€18,486 | -64.2% |
| Suppliers | 440/4 | €28,797 | €10,310 | -€18,486 | -64.2% |
| Taxes, remuneration and social security | 45 | €12,036 | €154,821 | +€142,785 | +1,186% |
| Taxes | 450/3 | €6,048 | €154,821 | +€148,774 | +2,460% |
| Remuneration and social security | 454/9 | €5,989 | €0 | -€5,989 | -100% |
| Other amounts payable | 47/48 | €287,516 | €3,817 | -€283,699 | -98.7% |
| Non-recurring operating income | 76A | - | €598,489 | +€598,489 | |
| Remuneration, social security and pensions | 62 | €207,290 | €196,922 | -€10,367 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,536 | €57,385 | +€18,849 | +48.9% |
| Other operating charges | 640/8 | €14,619 | €15,931 | +€1,312 | +9.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €356,731 | €868,289 | +€511,558 | +143% |
| Operating profit (loss) | 9901 | €96,286 | €598,051 | +€501,764 | +521% |
| Financial income | 75/76B | €1,038 | €658 | -€381 | -36.7% |
| Recurring financial income | 75 | €1,038 | €658 | -€381 | -36.7% |
| Financial charges | 65/66B | €18,071 | €10,707 | -€7,364 | -40.7% |
| Recurring financial charges | 65 | €18,071 | €10,707 | -€7,364 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €79,253 | €588,001 | +€508,748 | +642% |
| Income taxes | 67/77 | €818 | €151,613 | +€150,795 | +18,426% |
| Profit (loss) for the period | 9904 | €78,435 | €436,388 | +€357,953 | +456% |
| Profit (loss) for the period to be appropriated | 9905 | €78,435 | €436,388 | +€357,953 | +456% |
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 6 November 2026 via checked.be.