Marc Van Lier: 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.
Marc Van Lier
Largest movements
- Cash -€17,779
down €17,779 (-92.0%), from €19,330 to €1,550
mainly Net result for the year (-€25,575) and Other debts (-€6,526)
- Current investments -€7,176
down €7,176 (-21.9%), from €32,784 to €25,608
- Deferred charges and accrued income -€5,111
down €5,111 (-30.1%), from €16,960 to €11,849
- Tangible fixed assets -€3,295
down €3,295 (-6.0%), from €55,094 to €51,799
of which Plant, machinery and equipment: -€4,328
- Receivables within one year -€3,223
down €3,223 (-17.1%), from €18,845 to €15,622
of which Trade receivables: -€8,696
- Profit (loss) carried forward -€25,575
new in 2025: -€25,575
- Other debts -€6,526
down €6,526 (-15.7%), from €41,620 to €35,095
- Tax, wage and social debts -€3,897
down €3,897 (-100%), from €3,897 to €0
- Gross operating margin +€31,809
up €31,809, from -€26,013 to €5,796
- Other operating charges +€25,455
up €25,455 (+19,887%), from €128 to €25,583
- Financial charges +€2,264
up €2,264 (+2,234%), from €101 to €2,365
- Depreciation -€1,972
down €1,972 (-28.4%), from €6,936 to €4,964
- Financial income +€1,799
up €1,799 (+545,252%), from €0 to €1,800
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.
Derived cash bridge
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 | €143,013 | €106,429 | -€36,585 | -25.6% |
| Fixed assets | 21/28 | €55,094 | €51,799 | -€3,295 | -6.0% |
| Tangible fixed assets | 22/27 | €55,094 | €51,799 | -€3,295 | -6.0% |
| Plant, machinery and equipment | 23 | €6,186 | €1,859 | -€4,328 | -70.0% |
| Furniture and vehicles | 24 | €768 | €3,289 | +€2,522 | +329% |
| Other tangible fixed assets | 26 | €48,140 | €46,651 | -€1,490 | -3.1% |
| Current assets | 29/58 | €87,919 | €54,630 | -€33,289 | -37.9% |
| Amounts receivable within one year | 40/41 | €18,845 | €15,622 | -€3,223 | -17.1% |
| Trade receivables | 40 | €18,543 | €9,847 | -€8,696 | -46.9% |
| Other amounts receivable | 41 | €303 | €5,775 | +€5,473 | +1,809% |
| Current investments | 50/53 | €32,784 | €25,608 | -€7,176 | -21.9% |
| Cash at bank and in hand | 54/58 | €19,330 | €1,550 | -€17,779 | -92.0% |
| Deferred charges and accrued income | 490/1 | €16,960 | €11,849 | -€5,111 | -30.1% |
| Total equity and liabilities | 10/49 | €143,013 | €106,429 | -€36,585 | -25.6% |
| Equity | 10/15 | €68,910 | €43,335 | -€25,575 | -37.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €56,510 | €56,510 | = | 0.0% |
| Distributable reserves | 133 | €56,510 | €56,510 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€25,575 | -€25,575 | |
| Provisions and deferred taxes | 16 | €26,200 | €26,200 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €26,200 | €26,200 | = | 0.0% |
| Other liabilities and charges | 164/5 | €26,200 | €26,200 | = | 0.0% |
| Amounts payable | 17/49 | €47,903 | €36,894 | -€11,010 | -23.0% |
| Amounts payable within one year | 42/48 | €47,128 | €36,894 | -€10,235 | -21.7% |
| Trade debts | 44 | €1,611 | €1,799 | +€188 | +11.7% |
| Suppliers | 440/4 | €1,611 | €1,799 | +€188 | +11.7% |
| Taxes, remuneration and social security | 45 | €3,897 | €0 | -€3,897 | -100% |
| Taxes | 450/3 | €3,897 | €0 | -€3,897 | -100% |
| Other amounts payable | 47/48 | €41,620 | €35,095 | -€6,526 | -15.7% |
| Accrued charges and deferred income | 492/3 | €775 | €0 | -€775 | -100% |
| Non-recurring operating income | 76A | €35,000 | €0 | -€35,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,936 | €4,964 | -€1,972 | -28.4% |
| Other operating charges | 640/8 | €128 | €25,583 | +€25,455 | +19,887% |
| Gross operating margin | 9900 | -€26,013 | €5,796 | +€31,809 | |
| Operating profit (loss) | 9901 | -€33,077 | -€24,750 | +€8,326 | +25.2% |
| Financial income | 75/76B | €0 | €1,800 | +€1,799 | +545,252% |
| Recurring financial income | 75 | €0 | €1,800 | +€1,799 | +545,252% |
| Financial charges | 65/66B | €101 | €2,365 | +€2,264 | +2,234% |
| Recurring financial charges | 65 | €101 | €2,365 | +€2,264 | +2,234% |
| Profit (loss) for the period before taxes | 9903 | -€33,178 | -€25,315 | +€7,862 | +23.7% |
| Income taxes | 67/77 | €321 | €260 | -€61 | -19.1% |
| Profit (loss) for the period | 9904 | -€33,499 | -€25,575 | +€7,923 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,499 | -€25,575 | +€7,923 | +23.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.