MARCON BENELUX: 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.
MARCON BENELUX
Largest movements
- Financial fixed assets +€24,028
new in 2025: €24,028
- Receivables after one year -€24,028
no longer reported in 2025 (was €24,028)
- Receivables within one year -€11,539
down €11,539 (-11.7%), from €98,449 to €86,910
of which Other amounts receivable: -€10,165
- Cash +€7,318
up €7,318 (+574%), from €1,275 to €8,593
mainly Receivables after one year (+€24,028) and Net result for the year (+€19,786)
- Debts after one year -€20,692
down €20,692 (-51.2%), from €40,384 to €19,693
- Reserves +€19,500
up €19,500 (+101%), from €19,283 to €38,783
of which Distributable reserves: +€19,500
- Current portion of long-term debt +€17,688
up €17,688 (+85.0%), from €20,820 to €38,508
- Other debts -€17,580
down €17,580 (-13.6%), from €129,391 to €111,812
- Short-term financial debts -€2,768
no longer reported in 2025 (was €2,768)
- Gross operating margin -€19,507
down €19,507 (-34.5%), from €56,461 to €36,954
- Financial income -€4,719
down €4,719 (-86.7%), from €5,439 to €721
- Financial charges -€2,748
down €2,748 (-45.8%), from €6,006 to €3,258
- Taxes -€2,296
down €2,296 (-18.7%), from €12,303 to €10,008
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 | €233,754 | €227,475 | -€6,279 | -2.7% |
| Fixed assets | 21/28 | €104,200 | €126,459 | +€22,260 | +21.4% |
| Tangible fixed assets | 22/27 | €104,200 | €102,432 | -€1,768 | -1.7% |
| Land and buildings | 22 | €100,000 | €100,000 | = | 0.0% |
| Furniture and vehicles | 24 | €4,200 | €2,432 | -€1,768 | -42.1% |
| Financial fixed assets | 28 | - | €24,028 | +€24,028 | |
| Current assets | 29/58 | €129,554 | €101,016 | -€28,538 | -22.0% |
| Amounts receivable after more than one year | 29 | €24,028 | - | -€24,028 | |
| Other amounts receivable | 291 | €24,028 | - | -€24,028 | |
| Amounts receivable within one year | 40/41 | €98,449 | €86,910 | -€11,539 | -11.7% |
| Trade receivables | 40 | €1,558 | €184 | -€1,374 | -88.2% |
| Other amounts receivable | 41 | €96,891 | €86,726 | -€10,165 | -10.5% |
| Cash at bank and in hand | 54/58 | €1,275 | €8,593 | +€7,318 | +574% |
| Deferred charges and accrued income | 490/1 | €5,803 | €5,512 | -€290 | -5.0% |
| Total equity and liabilities | 10/49 | €233,754 | €227,475 | -€6,279 | -2.7% |
| Equity | 10/15 | €25,483 | €45,269 | +€19,786 | +77.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €19,283 | €38,783 | +€19,500 | +101% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €17,423 | €36,923 | +€19,500 | +112% |
| Profit (loss) carried forward | 14 | €0 | €286 | +€286 | |
| Amounts payable | 17/49 | €208,271 | €182,206 | -€26,065 | -12.5% |
| Amounts payable after more than one year | 17 | €40,384 | €19,693 | -€20,692 | -51.2% |
| Financial debts | 170/4 | €40,384 | €19,693 | -€20,692 | -51.2% |
| Amounts payable within one year | 42/48 | €165,666 | €162,514 | -€3,153 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €20,820 | €38,508 | +€17,688 | +85.0% |
| Financial debts | 43 | €2,768 | - | -€2,768 | |
| Credit institutions | 430/8 | €2,768 | - | -€2,768 | |
| Trade debts | 44 | €1,058 | €1,725 | +€666 | +63.0% |
| Suppliers | 440/4 | €1,058 | €1,725 | +€666 | +63.0% |
| Taxes, remuneration and social security | 45 | €11,628 | €10,470 | -€1,159 | -10.0% |
| Taxes | 450/3 | €11,628 | €10,470 | -€1,159 | -10.0% |
| Other amounts payable | 47/48 | €129,391 | €111,812 | -€17,580 | -13.6% |
| Accrued charges and deferred income | 492/3 | €2,220 | - | -€2,220 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,768 | €1,768 | = | 0.0% |
| Other operating charges | 640/8 | €2,588 | €2,855 | +€267 | +10.3% |
| Gross operating margin | 9900 | €56,461 | €36,954 | -€19,507 | -34.5% |
| Operating profit (loss) | 9901 | €52,105 | €32,330 | -€19,774 | -38.0% |
| Financial income | 75/76B | €5,439 | €721 | -€4,719 | -86.7% |
| Recurring financial income | 75 | €5,439 | €721 | -€4,719 | -86.7% |
| Financial charges | 65/66B | €6,006 | €3,258 | -€2,748 | -45.8% |
| Recurring financial charges | 65 | €6,006 | €3,258 | -€2,748 | -45.8% |
| Profit (loss) for the period before taxes | 9903 | €51,538 | €29,793 | -€21,745 | -42.2% |
| Income taxes | 67/77 | €12,303 | €10,008 | -€2,296 | -18.7% |
| Profit (loss) for the period | 9904 | €39,235 | €19,786 | -€19,449 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,235 | €19,786 | -€19,449 | -49.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.