MARCOMARD: 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.
MARCOMARD
Largest movements
- Deferred charges and accrued income +€48,169
new in 2025: €48,169
- Receivables within one year -€31,284
down €31,284 (-76.9%), from €40,668 to €9,384
of which Other amounts receivable: -€40,668
- Trade debts +€7,649
up €7,649 (+120.8%), from €6,330 to €13,979
- Other debts +€7,129
up €7,129 (+3.2%), from €224,554 to €231,683
- Accrued charges and deferred income +€5,703
up €5,703 (+3853.4%), from €148 to €5,851
- Financial income +€7,303
up €7,303 (+3707.1%), from €197 to €7,500
- Financial charges +€5,555
up €5,555 (+3753.4%), from €148 to €5,703
- Other operating charges +€387
new in 2025: €387
- Gross operating margin +€132
up €132 (+2.8%), from -€4,726 to -€4,594
From the 30-06-2024 result to the 30-06-2025 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 30-06-2024 and 30-06-2025 balance sheets and the 30-06-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 30-06-2024 | 30-06-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €447,399 | €464,696 | +€17,297 | +3.9% |
| Fixed assets | 21/28 | €406,701 | €406,701 | = | 0.0% |
| Financial fixed assets | 28 | €406,701 | €406,701 | = | 0.0% |
| Current assets | 29/58 | €40,698 | €57,995 | +€17,297 | +42.5% |
| Amounts receivable within one year | 40/41 | €40,668 | €9,384 | -€31,284 | -76.9% |
| Trade receivables | 40 | - | €9,384 | +€9,384 | |
| Other amounts receivable | 41 | €40,668 | - | -€40,668 | |
| Current investments | 50/53 | €30 | - | -€30 | |
| Cash at bank and in hand | 54/58 | - | €442 | +€442 | |
| Deferred charges and accrued income | 490/1 | - | €48,169 | +€48,169 | |
| Total equity and liabilities | 10/49 | €447,399 | €464,696 | +€17,297 | +3.9% |
| Equity | 10/15 | €216,211 | €213,027 | -€3,184 | -1.5% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €13,060 | €13,060 | = | 0.0% |
| Distributable reserves | 133 | €13,060 | €13,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,849 | -€50,033 | -€3,184 | -6.8% |
| Amounts payable | 17/49 | €231,188 | €251,669 | +€20,481 | +8.9% |
| Amounts payable within one year | 42/48 | €231,040 | €245,818 | +€14,778 | +6.4% |
| Trade debts | 44 | €6,330 | €13,979 | +€7,649 | +120.8% |
| Suppliers | 440/4 | €6,330 | €13,979 | +€7,649 | +120.8% |
| Taxes, remuneration and social security | 45 | €156 | €156 | = | 0.0% |
| Taxes | 450/3 | €156 | €156 | = | 0.0% |
| Other amounts payable | 47/48 | €224,554 | €231,683 | +€7,129 | +3.2% |
| Accrued charges and deferred income | 492/3 | €148 | €5,851 | +€5,703 | +3853.4% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | -€4,726 | -€4,594 | +€132 | +2.8% |
| Operating profit (loss) | 9901 | -€4,726 | -€4,981 | -€255 | -5.4% |
| Financial income | 75/76B | €197 | €7,500 | +€7,303 | +3707.1% |
| Recurring financial income | 75 | €197 | €7,500 | +€7,303 | +3707.1% |
| Financial charges | 65/66B | €148 | €5,703 | +€5,555 | +3753.4% |
| Recurring financial charges | 65 | €148 | €5,703 | +€5,555 | +3753.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,677 | -€3,184 | +€1,493 | +31.9% |
| Profit (loss) for the period | 9904 | -€4,677 | -€3,184 | +€1,493 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,677 | -€3,184 | +€1,493 | +31.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.