Margaux Conil-Séon: what changed
Margaux Conil-Séon
Largest movements
- Cash +€20,144
up €20,144 (+210%), from €9,589 to €29,733
mainly Net result for the year (+€28,473) and Tax, wage and social debts (+€6,641)
- Receivables within one year +€16,976
up €16,976 (+153%), from €11,068 to €28,044
of which Trade receivables: +€13,585
- Profit (loss) carried forward +€27,640
up €27,640 (+168%), from €16,496 to €44,136
- Tax, wage and social debts +€6,641
up €6,641 (+386%), from €1,720 to €8,361
of which Taxes: +€3,641
- Trade debts +€2,019
up €2,019 (+1,250%), from €162 to €2,181
- Other debts +€894
up €894 (+34.6%), from €2,582 to €3,476
- Gross operating margin +€27,458
up €27,458 (+244%), from €11,245 to €38,703
- Taxes +€5,387
up €5,387 (+198%), from €2,727 to €8,115
- Depreciation +€545
up €545 (+58.2%), from €937 to €1,483
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,959 | €60,153 | +€37,194 | +162% |
| Fixed assets | 21/28 | €2,221 | €2,335 | +€114 | +5.1% |
| Tangible fixed assets | 22/27 | €2,221 | €2,335 | +€114 | +5.1% |
| Plant, machinery and equipment | 23 | €597 | €1,526 | +€929 | +155% |
| Furniture and vehicles | 24 | €1,624 | €809 | -€815 | -50.2% |
| Current assets | 29/58 | €20,738 | €57,818 | +€37,080 | +179% |
| Amounts receivable within one year | 40/41 | €11,068 | €28,044 | +€16,976 | +153% |
| Trade receivables | 40 | €6,301 | €19,886 | +€13,585 | +216% |
| Other amounts receivable | 41 | €4,767 | €8,158 | +€3,392 | +71.2% |
| Cash at bank and in hand | 54/58 | €9,589 | €29,733 | +€20,144 | +210% |
| Deferred charges and accrued income | 490/1 | €81 | €40 | -€40 | -50.2% |
| Total equity and liabilities | 10/49 | €22,959 | €60,153 | +€37,194 | +162% |
| Equity | 10/15 | €18,496 | €46,136 | +€27,640 | +149% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,496 | €44,136 | +€27,640 | +168% |
| Amounts payable | 17/49 | €4,463 | €14,017 | +€9,554 | +214% |
| Amounts payable within one year | 42/48 | €4,463 | €14,017 | +€9,554 | +214% |
| Trade debts | 44 | €162 | €2,181 | +€2,019 | +1,250% |
| Suppliers | 440/4 | €162 | €2,181 | +€2,019 | +1,250% |
| Taxes, remuneration and social security | 45 | €1,720 | €8,361 | +€6,641 | +386% |
| Taxes | 450/3 | €1,720 | €5,361 | +€3,641 | +212% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €2,582 | €3,476 | +€894 | +34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €937 | €1,483 | +€545 | +58.2% |
| Other operating charges | 640/8 | €461 | €411 | -€50 | -10.9% |
| Gross operating margin | 9900 | €11,245 | €38,703 | +€27,458 | +244% |
| Operating profit (loss) | 9901 | €9,847 | €36,809 | +€26,963 | +274% |
| Financial income | 75/76B | €48 | €50 | +€3 | +5.3% |
| Recurring financial income | 75 | €48 | €50 | +€3 | +5.3% |
| Financial charges | 65/66B | €168 | €271 | +€104 | +61.8% |
| Recurring financial charges | 65 | €168 | €271 | +€104 | +61.8% |
| Profit (loss) for the period before taxes | 9903 | €9,726 | €36,588 | +€26,862 | +276% |
| Income taxes | 67/77 | €2,727 | €8,115 | +€5,387 | +198% |
| Profit (loss) for the period | 9904 | €6,999 | €28,473 | +€21,474 | +307% |
| Profit (loss) for the period to be appropriated | 9905 | €6,999 | €28,473 | +€21,474 | +307% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.