Marenx Consulting: 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.
Marenx Consulting
Largest movements
- Cash +€28,086
up €28,086 (+811,723%), from €3 to €28,089
mainly Net result for the year (+€54,062) and Trade debts (+€3,138)
- Current investments +€11,218
new in 2025: €11,218
- Tangible fixed assets +€5,881
new in 2025: €5,881
of which Furniture and vehicles: +€3,795
- Receivables within one year +€5,799
up €5,799 (+16.6%), from €34,848 to €40,647
of which Other amounts receivable: +€6,283
- Deferred charges and accrued income +€3,019
up €3,019 (+189%), from €1,601 to €4,621
- Reserves +€54,062
up €54,062 (+310%), from €17,417 to €71,479
- Other debts -€5,326
down €5,326 (-100%), from €5,326 to €0
- Trade debts +€3,138
up €3,138 (+107%), from €2,940 to €6,078
- Tax, wage and social debts +€2,128
up €2,128 (+21.8%), from €9,770 to €11,898
- Gross operating margin +€52,464
up €52,464 (+239%), from €21,972 to €74,436
- Taxes +€10,850
up €10,850 (+241%), from €4,498 to €15,348
- Financial charges +€3,686
up €3,686 (+6,388%), from €58 to €3,743
- Depreciation +€1,114
new in 2025: €1,114
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 | €36,453 | €90,455 | +€54,002 | +148% |
| Fixed assets | 21/28 | - | €5,881 | +€5,881 | |
| Tangible fixed assets | 22/27 | - | €5,881 | +€5,881 | |
| Furniture and vehicles | 24 | - | €3,795 | +€3,795 | |
| Other tangible fixed assets | 26 | - | €2,087 | +€2,087 | |
| Current assets | 29/58 | €36,453 | €84,574 | +€48,121 | +132% |
| Amounts receivable within one year | 40/41 | €34,848 | €40,647 | +€5,799 | +16.6% |
| Trade receivables | 40 | €34,848 | €34,364 | -€484 | -1.4% |
| Other amounts receivable | 41 | - | €6,283 | +€6,283 | |
| Current investments | 50/53 | - | €11,218 | +€11,218 | |
| Cash at bank and in hand | 54/58 | €3 | €28,089 | +€28,086 | +811,723% |
| Deferred charges and accrued income | 490/1 | €1,601 | €4,621 | +€3,019 | +189% |
| Total equity and liabilities | 10/49 | €36,453 | €90,455 | +€54,002 | +148% |
| Equity | 10/15 | €18,417 | €72,479 | +€54,062 | +294% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €17,417 | €71,479 | +€54,062 | +310% |
| Distributable reserves | 133 | €17,417 | €71,479 | +€54,062 | +310% |
| Amounts payable | 17/49 | €18,036 | €17,976 | -€60 | -0.3% |
| Amounts payable within one year | 42/48 | €18,036 | €17,976 | -€60 | -0.3% |
| Trade debts | 44 | €2,940 | €6,078 | +€3,138 | +107% |
| Suppliers | 440/4 | €2,940 | €6,078 | +€3,138 | +107% |
| Taxes, remuneration and social security | 45 | €9,770 | €11,898 | +€2,128 | +21.8% |
| Taxes | 450/3 | €9,770 | €11,898 | +€2,128 | +21.8% |
| Other amounts payable | 47/48 | €5,326 | €0 | -€5,326 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,114 | +€1,114 | |
| Other operating charges | 640/8 | - | €177 | +€177 | |
| Gross operating margin | 9900 | €21,972 | €74,436 | +€52,464 | +239% |
| Operating profit (loss) | 9901 | €21,972 | €73,145 | +€51,173 | +233% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €58 | €3,743 | +€3,686 | +6,388% |
| Recurring financial charges | 65 | €58 | €3,743 | +€3,686 | +6,388% |
| Profit (loss) for the period before taxes | 9903 | €21,914 | €69,410 | +€47,496 | +217% |
| Income taxes | 67/77 | €4,498 | €15,348 | +€10,850 | +241% |
| Profit (loss) for the period | 9904 | €17,417 | €54,062 | +€36,646 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €17,417 | €54,062 | +€36,646 | +210% |
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 30 October 2026 via checked.be.