Marchand Creative et CO.: 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.
Marchand Creative et CO.
Largest movements
- Receivables within one year +€36,391
up €36,391 (+77.3%), from €47,080 to €83,472
of which Trade receivables: +€26,153
- Tangible fixed assets -€15,772
down €15,772 (-8.2%), from €192,445 to €176,673
of which Land and buildings: -€8,116
- Cash +€3,846
up €3,846 (+8.7%), from €44,417 to €48,264
mainly Net result for the year (+€18,785) and Depreciation (+€15,772)
- Reserves +€18,785
up €18,785 (+18.5%), from €101,290 to €120,075
of which Distributable reserves: +€18,785
- Debts after one year -€18,617
down €18,617 (-30.0%), from €62,133 to €43,516
- Tax, wage and social debts +€11,674
up €11,674 (+689%), from €1,695 to €13,369
- Trade debts +€6,230
up €6,230 (+125%), from €4,996 to €11,226
- Other debts +€4,121
up €4,121 (+9.5%), from €43,239 to €47,360
- Gross operating margin +€10,969
up €10,969 (+28.4%), from €38,640 to €49,609
- Depreciation -€3,468
down €3,468 (-18.0%), from €19,240 to €15,772
- Financial charges -€2,292
down €2,292 (-21.6%), from €10,616 to €8,324
- Taxes +€1,764
up €1,764 (+114%), from €1,546 to €3,309
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 | €283,973 | €308,643 | +€24,670 | +8.7% |
| Fixed assets | 21/28 | €192,445 | €176,673 | -€15,772 | -8.2% |
| Tangible fixed assets | 22/27 | €192,445 | €176,673 | -€15,772 | -8.2% |
| Land and buildings | 22 | €163,881 | €155,765 | -€8,116 | -5.0% |
| Plant, machinery and equipment | 23 | €19,472 | €15,455 | -€4,017 | -20.6% |
| Furniture and vehicles | 24 | €9,093 | €5,454 | -€3,639 | -40.0% |
| Current assets | 29/58 | €91,527 | €131,970 | +€40,443 | +44.2% |
| Amounts receivable within one year | 40/41 | €47,080 | €83,472 | +€36,391 | +77.3% |
| Trade receivables | 40 | €37,903 | €64,057 | +€26,153 | +69.0% |
| Other amounts receivable | 41 | €9,177 | €19,415 | +€10,238 | +112% |
| Cash at bank and in hand | 54/58 | €44,417 | €48,264 | +€3,846 | +8.7% |
| Deferred charges and accrued income | 490/1 | €30 | €235 | +€205 | +683% |
| Total equity and liabilities | 10/49 | €283,973 | €308,643 | +€24,670 | +8.7% |
| Equity | 10/15 | €154,161 | €172,946 | +€18,785 | +12.2% |
| Contributions | 10/11 | €33,466 | €33,466 | = | 0.0% |
| Reserves | 13 | €101,290 | €120,075 | +€18,785 | +18.5% |
| Non-distributable reserves | 130/1 | €3,936 | €3,936 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,936 | €3,936 | = | 0.0% |
| Distributable reserves | 133 | €97,354 | €116,139 | +€18,785 | +19.3% |
| Profit (loss) carried forward | 14 | €19,406 | €19,406 | = | 0.0% |
| Amounts payable | 17/49 | €129,811 | €135,697 | +€5,886 | +4.5% |
| Amounts payable after more than one year | 17 | €62,133 | €43,516 | -€18,617 | -30.0% |
| Financial debts | 170/4 | €62,133 | €43,516 | -€18,617 | -30.0% |
| Amounts payable within one year | 42/48 | €67,678 | €92,181 | +€24,502 | +36.2% |
| Current portion of amounts payable after more than one year | 42 | €17,748 | €20,226 | +€2,477 | +14.0% |
| Trade debts | 44 | €4,996 | €11,226 | +€6,230 | +125% |
| Suppliers | 440/4 | €4,996 | €11,226 | +€6,230 | +125% |
| Taxes, remuneration and social security | 45 | €1,695 | €13,369 | +€11,674 | +689% |
| Taxes | 450/3 | €1,695 | €13,369 | +€11,674 | +689% |
| Other amounts payable | 47/48 | €43,239 | €47,360 | +€4,121 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,240 | €15,772 | -€3,468 | -18.0% |
| Other operating charges | 640/8 | €3,665 | €3,721 | +€56 | +1.5% |
| Gross operating margin | 9900 | €38,640 | €49,609 | +€10,969 | +28.4% |
| Operating profit (loss) | 9901 | €15,735 | €30,115 | +€14,380 | +91.4% |
| Financial income | 75/76B | €126 | €303 | +€177 | +141% |
| Recurring financial income | 75 | €126 | €303 | +€177 | +141% |
| Financial charges | 65/66B | €10,616 | €8,324 | -€2,292 | -21.6% |
| Recurring financial charges | 65 | €10,616 | €8,324 | -€2,292 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €5,245 | €22,094 | +€16,849 | +321% |
| Income taxes | 67/77 | €1,546 | €3,309 | +€1,764 | +114% |
| Profit (loss) for the period | 9904 | €3,699 | €18,785 | +€15,086 | +408% |
| Profit (loss) for the period to be appropriated | 9905 | €3,699 | €18,785 | +€15,086 | +408% |
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 27 October 2026 via checked.be.