Mardis Consultancy: 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.
Mardis Consultancy
Largest movements
- Receivables within one year +€60,301
up €60,301 (+34.5%), from €175,034 to €235,335
of which Trade receivables: +€89,308
- Stocks and contracts -€56,157
no longer reported in 2025 (was €56,157)
- Cash +€54,690
up €54,690 (+946%), from €5,783 to €60,473
mainly Net result for the year (+€112,758) and Stocks and contracts (+€56,157)
- Tangible fixed assets -€15,315
down €15,315 (-4.2%), from €361,824 to €346,508
of which Land and buildings: -€14,975
- Reserves +€112,758
up €112,758 (+83.3%), from €135,336 to €248,094
- Trade debts -€34,482
down €34,482 (-92.3%), from €37,368 to €2,886
- Debts after one year -€22,295
down €22,295 (-7.0%), from €316,974 to €294,679
- Tax, wage and social debts -€10,643
down €10,643 (-12.8%), from €83,005 to €72,362
- Gross operating margin +€24,363
up €24,363 (+16.4%), from €148,803 to €173,166
- Taxes +€5,249
up €5,249 (+20.0%), from €26,190 to €31,439
- Other operating charges +€3,699
up €3,699 (+1,468%), from €252 to €3,951
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 | €598,797 | €642,317 | +€43,520 | +7.3% |
| Fixed assets | 21/28 | €361,824 | €346,508 | -€15,315 | -4.2% |
| Tangible fixed assets | 22/27 | €361,824 | €346,508 | -€15,315 | -4.2% |
| Land and buildings | 22 | €361,483 | €346,508 | -€14,975 | -4.1% |
| Furniture and vehicles | 24 | €341 | - | -€341 | |
| Current assets | 29/58 | €236,973 | €295,808 | +€58,835 | +24.8% |
| Stocks and contracts in progress | 3 | €56,157 | - | -€56,157 | |
| Stocks | 30/36 | €56,157 | - | -€56,157 | |
| Amounts receivable within one year | 40/41 | €175,034 | €235,335 | +€60,301 | +34.5% |
| Trade receivables | 40 | €145,457 | €234,765 | +€89,308 | +61.4% |
| Other amounts receivable | 41 | €29,577 | €570 | -€29,007 | -98.1% |
| Cash at bank and in hand | 54/58 | €5,783 | €60,473 | +€54,690 | +946% |
| Total equity and liabilities | 10/49 | €598,797 | €642,317 | +€43,520 | +7.3% |
| Equity | 10/15 | €137,336 | €250,094 | +€112,758 | +82.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €135,336 | €248,094 | +€112,758 | +83.3% |
| Distributable reserves | 133 | €135,336 | €248,094 | +€112,758 | +83.3% |
| Amounts payable | 17/49 | €461,461 | €392,223 | -€69,238 | -15.0% |
| Amounts payable after more than one year | 17 | €316,974 | €294,679 | -€22,295 | -7.0% |
| Financial debts | 170/4 | €316,974 | €294,679 | -€22,295 | -7.0% |
| Amounts payable within one year | 42/48 | €144,487 | €97,543 | -€46,943 | -32.5% |
| Current portion of amounts payable after more than one year | 42 | €21,639 | €22,295 | +€656 | +3.0% |
| Trade debts | 44 | €37,368 | €2,886 | -€34,482 | -92.3% |
| Suppliers | 440/4 | €37,368 | €2,886 | -€34,482 | -92.3% |
| Taxes, remuneration and social security | 45 | €83,005 | €72,362 | -€10,643 | -12.8% |
| Taxes | 450/3 | €83,005 | €72,362 | -€10,643 | -12.8% |
| Other amounts payable | 47/48 | €2,475 | - | -€2,475 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,389 | €15,315 | -€74 | -0.5% |
| Other operating charges | 640/8 | €252 | €3,951 | +€3,699 | +1,468% |
| Gross operating margin | 9900 | €148,803 | €173,166 | +€24,363 | +16.4% |
| Operating profit (loss) | 9901 | €133,162 | €153,901 | +€20,738 | +15.6% |
| Financial income | 75/76B | €50 | €202 | +€152 | +304% |
| Recurring financial income | 75 | €50 | €202 | +€152 | +304% |
| Financial charges | 65/66B | €10,547 | €9,906 | -€641 | -6.1% |
| Recurring financial charges | 65 | €10,547 | €9,906 | -€641 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €122,665 | €144,197 | +€21,531 | +17.6% |
| Income taxes | 67/77 | €26,190 | €31,439 | +€5,249 | +20.0% |
| Profit (loss) for the period | 9904 | €96,476 | €112,758 | +€16,282 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €96,476 | €112,758 | +€16,282 | +16.9% |
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 20 October 2026 via checked.be.