MARCTEX: 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.
MARCTEX
Largest movements
- Tangible fixed assets +€61,764
up €61,764 (+6.3%), from €972,752 to €1.0m
of which Furniture and vehicles: +€62,235
- Debts after one year +€101,000
up €101,000 (+32.1%), from €315,000 to €416,000
- Profit (loss) carried forward -€34,205
down €34,205 (-38.0%), from -€89,980 to -€124,185
- Gross operating margin -€72,409
down €72,409, from €44,384 to -€28,025
- Write-downs -€9,000
down €9,000 (-100%), from €9,000 to €0
- Depreciation +€1,681
up €1,681 (+357%), from €471 to €2,152
- Other operating charges -€496
down €496 (-12.6%), from €3,935 to €3,439
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 | €987,344 | €1,049,283 | +€61,939 | +6.3% |
| Fixed assets | 21/28 | €972,752 | €1,034,516 | +€61,764 | +6.3% |
| Tangible fixed assets | 22/27 | €972,752 | €1,034,516 | +€61,764 | +6.3% |
| Land and buildings | 22 | €723,965 | €723,965 | = | 0.0% |
| Plant, machinery and equipment | 23 | €248,787 | €248,315 | -€471 | -0.2% |
| Furniture and vehicles | 24 | - | €62,235 | +€62,235 | |
| Current assets | 29/58 | €14,592 | €14,767 | +€175 | +1.2% |
| Amounts receivable within one year | 40/41 | €1,890 | €8,863 | +€6,973 | +369% |
| Trade receivables | 40 | €1,890 | €2,374 | +€484 | +25.6% |
| Other amounts receivable | 41 | - | €6,489 | +€6,489 | |
| Cash at bank and in hand | 54/58 | €12,702 | €3,997 | -€8,705 | -68.5% |
| Deferred charges and accrued income | 490/1 | - | €1,908 | +€1,908 | |
| Total equity and liabilities | 10/49 | €987,344 | €1,049,283 | +€61,939 | +6.3% |
| Equity | 10/15 | €618,920 | €584,715 | -€34,205 | -5.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €608,900 | €608,900 | = | 0.0% |
| Distributable reserves | 133 | €608,900 | €608,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,980 | -€124,185 | -€34,205 | -38.0% |
| Amounts payable | 17/49 | €368,424 | €464,568 | +€96,144 | +26.1% |
| Amounts payable after more than one year | 17 | €315,000 | €416,000 | +€101,000 | +32.1% |
| Financial debts | 170/4 | €315,000 | €416,000 | +€101,000 | +32.1% |
| Amounts payable within one year | 42/48 | €53,424 | €48,568 | -€4,856 | -9.1% |
| Trade debts | 44 | €1,963 | €4,874 | +€2,911 | +148% |
| Suppliers | 440/4 | €1,963 | €4,874 | +€2,911 | +148% |
| Taxes, remuneration and social security | 45 | €5,004 | €1,086 | -€3,918 | -78.3% |
| Taxes | 450/3 | €5,004 | €1,086 | -€3,918 | -78.3% |
| Other amounts payable | 47/48 | €46,458 | €42,608 | -€3,849 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €471 | €2,152 | +€1,681 | +357% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,000 | €0 | -€9,000 | -100% |
| Other operating charges | 640/8 | €3,935 | €3,439 | -€496 | -12.6% |
| Gross operating margin | 9900 | €44,384 | -€28,025 | -€72,409 | |
| Operating profit (loss) | 9901 | €30,978 | -€33,616 | -€64,594 | |
| Financial income | 75/76B | €117 | €4 | -€113 | -97.0% |
| Recurring financial income | 75 | €117 | €4 | -€113 | -97.0% |
| Financial charges | 65/66B | €69 | €70 | +€1 | +2.0% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €31,025 | -€33,683 | -€64,709 | |
| Income taxes | 67/77 | €596 | €521 | -€75 | -12.5% |
| Profit (loss) for the period | 9904 | €30,429 | -€34,205 | -€64,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,429 | -€34,205 | -€64,634 |
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 14 October 2026 via checked.be.