MARC VANROOSE 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.
MARC VANROOSE CONSULTING
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€68,210
down €68,210 (-7.3%), from €937,243 to €869,034
- Financial income -€183,605
down €183,605 (-68.3%), from €268,769 to €85,164
of which Non-recurring financial income: -€188,489
- Financial charges +€74,471
up €74,471 (+6,732%), from €1,106 to €75,577
- Depreciation -€32,446
down €32,446 (-51.4%), from €63,105 to €30,658
- Taxes -€10,455
down €10,455 (-95.1%), from €10,990 to €535
- Other operating charges +€1,082
up €1,082 (+10.0%), from €10,809 to €11,891
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,305,822 | €4,225,878 | -€79,943 | -1.9% |
| Fixed assets | 21/28 | €1,882,466 | €1,868,506 | -€13,960 | -0.7% |
| Tangible fixed assets | 22/27 | €1,703,716 | €1,689,756 | -€13,960 | -0.8% |
| Land and buildings | 22 | €1,150,515 | €1,128,838 | -€21,677 | -1.9% |
| Plant, machinery and equipment | 23 | €8,225 | €6,426 | -€1,798 | -21.9% |
| Furniture and vehicles | 24 | €4,531 | €2,781 | -€1,750 | -38.6% |
| Assets under construction and advance payments | 27 | €540,445 | €551,711 | +€11,266 | +2.1% |
| Financial fixed assets | 28 | €178,750 | €178,750 | = | 0.0% |
| Current assets | 29/58 | €2,423,356 | €2,357,372 | -€65,984 | -2.7% |
| Amounts receivable within one year | 40/41 | €355,135 | €332,941 | -€22,194 | -6.2% |
| Trade receivables | 40 | €10,312 | €1,370 | -€8,942 | -86.7% |
| Other amounts receivable | 41 | €344,822 | €331,570 | -€13,252 | -3.8% |
| Current investments | 50/53 | €1,998,733 | €1,958,017 | -€40,716 | -2.0% |
| Cash at bank and in hand | 54/58 | €69,488 | €66,415 | -€3,074 | -4.4% |
| Total equity and liabilities | 10/49 | €4,305,822 | €4,225,878 | -€79,943 | -1.9% |
| Equity | 10/15 | €3,364,903 | €3,349,733 | -€15,170 | -0.5% |
| Contributions | 10/11 | €551,000 | €551,000 | = | 0.0% |
| Reserves | 13 | €2,813,903 | €2,813,903 | = | 0.0% |
| Distributable reserves | 133 | €2,813,903 | €2,813,903 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€15,170 | -€15,170 | |
| Amounts payable | 17/49 | €940,919 | €876,145 | -€64,774 | -6.9% |
| Amounts payable within one year | 42/48 | €940,919 | €876,145 | -€64,774 | -6.9% |
| Trade debts | 44 | €492 | €2,725 | +€2,233 | +454% |
| Suppliers | 440/4 | €492 | €2,725 | +€2,233 | +454% |
| Taxes, remuneration and social security | 45 | €3,183 | €4,386 | +€1,203 | +37.8% |
| Taxes | 450/3 | €3,183 | €4,386 | +€1,203 | +37.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €937,243 | €869,034 | -€68,210 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,105 | €30,658 | -€32,446 | -51.4% |
| Other operating charges | 640/8 | €10,809 | €11,891 | +€1,082 | +10.0% |
| Gross operating margin | 9900 | €17,644 | €18,328 | +€684 | +3.9% |
| Operating profit (loss) | 9901 | -€56,269 | -€24,222 | +€32,048 | +57.0% |
| Financial income | 75/76B | €268,769 | €85,164 | -€183,605 | -68.3% |
| Recurring financial income | 75 | €80,279 | €85,164 | +€4,885 | +6.1% |
| Non-recurring financial income | 76B | €188,489 | €0 | -€188,489 | -100% |
| Financial charges | 65/66B | €1,106 | €75,577 | +€74,471 | +6,732% |
| Recurring financial charges | 65 | €1,106 | €75,577 | +€74,471 | +6,732% |
| Profit (loss) for the period before taxes | 9903 | €211,393 | -€14,635 | -€226,028 | |
| Income taxes | 67/77 | €10,990 | €535 | -€10,455 | -95.1% |
| Profit (loss) for the period | 9904 | €200,403 | -€15,170 | -€215,573 | |
| Profit (loss) for the period to be appropriated | 9905 | €200,403 | -€15,170 | -€215,573 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.