MARCOFLEX TRADING: what changed
Two fiscal 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.
MARCOFLEX TRADING
Largest movements
- Tangible fixed assets -€307,612
down €307,612 (-26.3%), from €1.2m to €862,274
of which Land and buildings: -€304,287
- Intangible fixed assets -€74,584
down €74,584 (-100.0%), from €74,584 to €0
- Debts after one year -€1.2m
down €1.2m (-100.0%), from €1.2m to €0
- Profit (loss) carried forward +€673,095
up €673,095 (+94.6%), from -€711,753 to -€38,658
- Tax, wage and social debts +€209,875
up €209,875, from €0 to €209,875
- Other debts -€75,696
down €75,696 (-23.9%), from €316,417 to €240,721
- Trade debts +€61,927
up €61,927 (+2807.2%), from €2,206 to €64,133
- Gross operating margin +€938,909
up €938,909 (+1092.7%), from €85,922 to €1.0m
- Taxes +€139,975
new in 2024: €139,975
- Financial charges +€35,166
up €35,166 (+74.6%), from €47,126 to €82,292
- Depreciation -€10,450
down €10,450 (-8.4%), from €125,061 to €114,611
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,246,988 | €871,476 | -€375,513 | -30.1% |
| Fixed assets | 21/28 | €1,244,470 | €862,274 | -€382,197 | -30.7% |
| Intangible fixed assets | 21 | €74,584 | €0 | -€74,584 | -100.0% |
| Tangible fixed assets | 22/27 | €1,169,886 | €862,274 | -€307,612 | -26.3% |
| Land and buildings | 22 | €1,155,378 | €851,091 | -€304,287 | -26.3% |
| Furniture and vehicles | 24 | €14,508 | €11,183 | -€3,325 | -22.9% |
| Current assets | 29/58 | €2,518 | €9,202 | +€6,684 | +265.5% |
| Amounts receivable within one year | 40/41 | €28 | €0 | -€28 | -100.0% |
| Other amounts receivable | 41 | €28 | €0 | -€28 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,489 | €9,202 | +€6,712 | +269.6% |
| Total equity and liabilities | 10/49 | €1,246,988 | €871,476 | -€375,513 | -30.1% |
| Equity | 10/15 | -€316,348 | €356,748 | +€673,095 | |
| Contributions | 10/11 | €359,519 | €359,519 | = | 0.0% |
| Outside capital | 11 | €359,519 | €359,519 | = | 0.0% |
| Other | 1109/19 | €359,519 | €359,519 | = | 0.0% |
| Reserves | 13 | €35,886 | €35,886 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,052 | €11,052 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,052 | €11,052 | = | 0.0% |
| Distributable reserves | 133 | €24,834 | €24,834 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€711,753 | -€38,658 | +€673,095 | +94.6% |
| Amounts payable | 17/49 | €1,563,336 | €514,728 | -€1.0m | -67.1% |
| Amounts payable after more than one year | 17 | €1,197,881 | €0 | -€1.2m | -100.0% |
| Financial debts | 170/4 | €1,197,881 | €0 | -€1.2m | -100.0% |
| Amounts payable within one year | 42/48 | €365,455 | €514,728 | +€149,274 | +40.8% |
| Current portion of amounts payable after more than one year | 42 | €46,832 | €0 | -€46,832 | -100.0% |
| Trade debts | 44 | €2,206 | €64,133 | +€61,927 | +2807.2% |
| Suppliers | 440/4 | €2,206 | €64,133 | +€61,927 | +2807.2% |
| Taxes, remuneration and social security | 45 | €0 | €209,875 | +€209,875 | |
| Taxes | 450/3 | €0 | €209,875 | +€209,875 | |
| Other amounts payable | 47/48 | €316,417 | €240,721 | -€75,696 | -23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,061 | €114,611 | -€10,450 | -8.4% |
| Other operating charges | 640/8 | €10,505 | €13,181 | +€2,677 | +25.5% |
| Gross operating margin | 9900 | €85,922 | €1,024,832 | +€938,909 | +1092.7% |
| Operating profit (loss) | 9901 | -€49,643 | €897,039 | +€946,682 | |
| Financial income | 75/76B | €3 | €138 | +€135 | +5117.0% |
| Recurring financial income | 75 | €3 | €138 | +€135 | +5117.0% |
| Financial charges | 65/66B | €47,126 | €82,292 | +€35,166 | +74.6% |
| Recurring financial charges | 65 | €47,126 | €82,292 | +€35,166 | +74.6% |
| Profit (loss) for the period before taxes | 9903 | -€96,766 | €814,885 | +€911,652 | |
| Income taxes | 67/77 | - | €139,975 | +€139,975 | |
| Profit (loss) for the period | 9904 | -€96,766 | €674,910 | +€771,677 | |
| Profit (loss) for the period to be appropriated | 9905 | -€96,766 | €674,910 | +€771,677 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.