MARCOTTESTYLE: 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.
MARCOTTESTYLE
Largest movements
- Receivables within one year +€62,057
up €62,057 (+2,922%), from €2,124 to €64,181
of which Other amounts receivable: +€58,697
- Stocks and contracts +€39,792
up €39,792 (+112%), from €35,552 to €75,344
- Cash -€5,521
down €5,521 (-33.5%), from €16,464 to €10,943
mainly Short-term financial debts (-€94,942) and Receivables within one year (-€62,057)
- Tangible fixed assets +€4,662
up €4,662 (+2.8%), from €168,439 to €173,101
of which Plant, machinery and equipment: +€22,591
- Debts after one year +€194,942
up €194,942 (+746%), from €26,116 to €221,058
of which Financial debts: +€173,884
- Short-term financial debts -€94,942
down €94,942 (-94.9%), from €100,000 to €5,058
- Other debts -€44,225
down €44,225 (-54.3%), from €81,425 to €37,200
- Profit (loss) carried forward +€32,483
up €32,483 (+12.5%), from -€260,233 to -€227,750
- Trade debts +€12,261
up €12,261 (+178%), from €6,899 to €19,160
- Gross operating margin +€167,096
up €167,096, from -€82,542 to €84,554
- Staff costs +€4,701
up €4,701 (+62.5%), from €7,523 to €12,223
- Depreciation +€1,977
up €1,977 (+9.2%), from €21,400 to €23,377
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 | €223,693 | €324,634 | +€100,942 | +45.1% |
| Fixed assets | 21/28 | €168,439 | €173,101 | +€4,662 | +2.8% |
| Tangible fixed assets | 22/27 | €168,439 | €173,101 | +€4,662 | +2.8% |
| Plant, machinery and equipment | 23 | €9,681 | €32,272 | +€22,591 | +233% |
| Furniture and vehicles | 24 | €128,228 | €114,457 | -€13,771 | -10.7% |
| Other tangible fixed assets | 26 | €30,530 | €26,372 | -€4,157 | -13.6% |
| Current assets | 29/58 | €55,254 | €151,533 | +€96,279 | +174% |
| Stocks and contracts in progress | 3 | €35,552 | €75,344 | +€39,792 | +112% |
| Stocks | 30/36 | €35,552 | €75,344 | +€39,792 | +112% |
| Amounts receivable within one year | 40/41 | €2,124 | €64,181 | +€62,057 | +2,922% |
| Trade receivables | 40 | €2,124 | €5,485 | +€3,361 | +158% |
| Other amounts receivable | 41 | - | €58,697 | +€58,697 | |
| Cash at bank and in hand | 54/58 | €16,464 | €10,943 | -€5,521 | -33.5% |
| Deferred charges and accrued income | 490/1 | €1,114 | €1,066 | -€48 | -4.3% |
| Total equity and liabilities | 10/49 | €223,693 | €324,634 | +€100,942 | +45.1% |
| Equity | 10/15 | -€1,533 | €30,950 | +€32,483 | |
| Contributions | 10/11 | €227,000 | €227,000 | = | 0.0% |
| Reserves | 13 | €31,700 | €31,700 | = | 0.0% |
| Distributable reserves | 133 | €31,700 | €31,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€260,233 | -€227,750 | +€32,483 | +12.5% |
| Amounts payable | 17/49 | €225,226 | €293,685 | +€68,459 | +30.4% |
| Amounts payable after more than one year | 17 | €26,116 | €221,058 | +€194,942 | +746% |
| Financial debts | 170/4 | €26,116 | €200,000 | +€173,884 | +666% |
| Advances received on contracts in progress | 176 | - | €21,058 | +€21,058 | |
| Amounts payable within one year | 42/48 | €199,110 | €72,627 | -€126,483 | -63.5% |
| Current portion of amounts payable after more than one year | 42 | €4,842 | - | -€4,842 | |
| Financial debts | 43 | €100,000 | €5,058 | -€94,942 | -94.9% |
| Credit institutions | 430/8 | €100,000 | €5,058 | -€94,942 | -94.9% |
| Trade debts | 44 | €6,899 | €19,160 | +€12,261 | +178% |
| Suppliers | 440/4 | €6,899 | €19,160 | +€12,261 | +178% |
| Advances received on contracts in progress | 46 | - | €5,300 | +€5,300 | |
| Taxes, remuneration and social security | 45 | €5,944 | €5,909 | -€35 | -0.6% |
| Taxes | 450/3 | €3,219 | €4,378 | +€1,160 | +36.0% |
| Remuneration and social security | 454/9 | €2,725 | €1,530 | -€1,195 | -43.9% |
| Other amounts payable | 47/48 | €81,425 | €37,200 | -€44,225 | -54.3% |
| Remuneration, social security and pensions | 62 | €7,523 | €12,223 | +€4,701 | +62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,400 | €23,377 | +€1,977 | +9.2% |
| Other operating charges | 640/8 | €118 | €520 | +€402 | +340% |
| Gross operating margin | 9900 | -€82,542 | €84,554 | +€167,096 | |
| Operating profit (loss) | 9901 | -€111,582 | €48,433 | +€160,016 | |
| Financial income | 75/76B | €390 | €146 | -€244 | -62.5% |
| Recurring financial income | 75 | €390 | €146 | -€244 | -62.5% |
| Financial charges | 65/66B | €15,834 | €15,832 | -€2 | 0.0% |
| Recurring financial charges | 65 | €15,834 | €15,832 | -€2 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€127,027 | €32,747 | +€159,774 | |
| Income taxes | 67/77 | €288 | €264 | -€24 | -8.2% |
| Profit (loss) for the period | 9904 | -€127,315 | €32,483 | +€159,798 | |
| Profit (loss) for the period to be appropriated | 9905 | -€127,315 | €32,483 | +€159,798 |
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 25 October 2026 via checked.be.