Marcotex: 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.
Marcotex
Largest movements
- Tangible fixed assets -€4,546
down €4,546 (-7.2%), from €63,138 to €58,592
of which Plant, machinery and equipment: -€3,622
- Cash +€870
up €870 (+4.7%), from €18,429 to €19,299
mainly Depreciation (+€8,997) and Contributions, distributions and other (+€1)
- Reserves -€3,400
down €3,400 (-16.4%), from €20,670 to €17,270
of which Distributable reserves: -€3,400
- Gross operating margin +€507
up €507 (+4.2%), from €11,941 to €12,448
- Depreciation +€496
up €496 (+5.8%), from €8,501 to €8,997
- Other operating charges +€186
up €186 (+3.2%), from €5,891 to €6,077
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 | €83,850 | €80,303 | -€3,547 | -4.2% |
| Fixed assets | 21/28 | €63,138 | €58,592 | -€4,546 | -7.2% |
| Tangible fixed assets | 22/27 | €63,138 | €58,592 | -€4,546 | -7.2% |
| Land and buildings | 22 | €25,905 | €25,905 | -€0 | 0.0% |
| Plant, machinery and equipment | 23 | €35,073 | €31,451 | -€3,622 | -10.3% |
| Furniture and vehicles | 24 | €2,160 | €1,236 | -€924 | -42.8% |
| Current assets | 29/58 | €20,712 | €21,711 | +€999 | +4.8% |
| Cash at bank and in hand | 54/58 | €18,429 | €19,299 | +€870 | +4.7% |
| Deferred charges and accrued income | 490/1 | €2,283 | €2,412 | +€129 | +5.6% |
| Total equity and liabilities | 10/49 | €83,850 | €80,303 | -€3,547 | -4.2% |
| Equity | 10/15 | €82,670 | €79,270 | -€3,400 | -4.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €20,670 | €17,270 | -€3,400 | -16.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €14,470 | €11,070 | -€3,400 | -23.5% |
| Amounts payable | 17/49 | €1,180 | €1,032 | -€148 | -12.5% |
| Amounts payable within one year | 42/48 | €1,180 | €1,032 | -€148 | -12.5% |
| Trade debts | 44 | €760 | €613 | -€147 | -19.3% |
| Suppliers | 440/4 | €760 | €613 | -€147 | -19.3% |
| Other amounts payable | 47/48 | €420 | €419 | -€1 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,501 | €8,997 | +€496 | +5.8% |
| Other operating charges | 640/8 | €5,891 | €6,077 | +€186 | +3.2% |
| Gross operating margin | 9900 | €11,941 | €12,448 | +€507 | +4.2% |
| Operating profit (loss) | 9901 | -€2,451 | -€2,626 | -€175 | -7.1% |
| Financial charges | 65/66B | €755 | €774 | +€19 | +2.5% |
| Recurring financial charges | 65 | €755 | €774 | +€19 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,206 | -€3,400 | -€194 | -6.1% |
| Profit (loss) for the period | 9904 | -€3,206 | -€3,400 | -€194 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,206 | -€3,400 | -€194 | -6.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.