MARCO BARBER: 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.
MARCO BARBER
Largest movements
- Cash +€11,712
up €11,712 (+207.7%), from €5,640 to €17,352
mainly Other debts (+€23,516) and Depreciation (+€11,274)
- Tangible fixed assets -€11,275
down €11,275 (-21.2%), from €53,076 to €41,801
of which Other tangible fixed assets: -€6,418
- Other debts +€23,516
up €23,516 (+123.2%), from €19,090 to €42,606
- Debts after one year -€10,923
down €10,923 (-30.7%), from €35,530 to €24,607
- Profit (loss) carried forward -€10,149
down €10,149 (-154.1%), from -€6,587 to -€16,736
- Trade debts -€2,269
down €2,269 (-34.3%), from €6,611 to €4,342
- Gross operating margin -€11,358
down €11,358 (-85.6%), from €13,263 to €1,905
- Depreciation -€3,548
down €3,548 (-23.9%), from €14,822 to €11,274
- Financial charges -€1,834
down €1,834 (-78.8%), from €2,328 to €494
- Other operating charges +€216
up €216 (+308.6%), from €70 to €286
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 | €67,802 | €67,898 | +€96 | +0.1% |
| Fixed assets | 21/28 | €54,526 | €43,251 | -€11,275 | -20.7% |
| Tangible fixed assets | 22/27 | €53,076 | €41,801 | -€11,275 | -21.2% |
| Plant, machinery and equipment | 23 | €14,570 | €9,713 | -€4,857 | -33.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €38,506 | €32,088 | -€6,418 | -16.7% |
| Financial fixed assets | 28 | €1,450 | €1,450 | = | 0.0% |
| Current assets | 29/58 | €13,276 | €24,647 | +€11,371 | +85.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €7,636 | €7,295 | -€341 | -4.5% |
| Trade receivables | 40 | - | €1,561 | +€1,561 | |
| Other amounts receivable | 41 | €7,636 | €5,734 | -€1,902 | -24.9% |
| Cash at bank and in hand | 54/58 | €5,640 | €17,352 | +€11,712 | +207.7% |
| Total equity and liabilities | 10/49 | €67,802 | €67,898 | +€96 | +0.1% |
| Equity | 10/15 | -€4,087 | -€14,236 | -€10,149 | -248.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,587 | -€16,736 | -€10,149 | -154.1% |
| Amounts payable | 17/49 | €71,889 | €82,134 | +€10,245 | +14.3% |
| Amounts payable after more than one year | 17 | €35,530 | €24,607 | -€10,923 | -30.7% |
| Financial debts | 170/4 | €35,530 | €24,607 | -€10,923 | -30.7% |
| Amounts payable within one year | 42/48 | €36,359 | €57,527 | +€21,168 | +58.2% |
| Current portion of amounts payable after more than one year | 42 | €10,658 | €10,579 | -€79 | -0.7% |
| Trade debts | 44 | €6,611 | €4,342 | -€2,269 | -34.3% |
| Suppliers | 440/4 | €6,611 | €4,342 | -€2,269 | -34.3% |
| Other amounts payable | 47/48 | €19,090 | €42,606 | +€23,516 | +123.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,822 | €11,274 | -€3,548 | -23.9% |
| Other operating charges | 640/8 | €70 | €286 | +€216 | +308.6% |
| Gross operating margin | 9900 | €13,263 | €1,905 | -€11,358 | -85.6% |
| Operating profit (loss) | 9901 | -€1,629 | -€9,655 | -€8,026 | -492.7% |
| Financial charges | 65/66B | €2,328 | €494 | -€1,834 | -78.8% |
| Recurring financial charges | 65 | €2,328 | €494 | -€1,834 | -78.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,957 | -€10,149 | -€6,192 | -156.5% |
| Profit (loss) for the period | 9904 | -€3,957 | -€10,149 | -€6,192 | -156.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,957 | -€10,149 | -€6,192 | -156.5% |
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 10 October 2026 via checked.be.