MARIE ANDERSON: what changed
MARIE ANDERSON
Largest movements
- Cash +€15,725
up €15,725 (+152%), from €10,314 to €26,039
mainly Net result for the year (+€21,187) and Receivables after one year (+€10,790)
- Receivables after one year -€10,790
down €10,790 (-10.8%), from €100,000 to €89,210
- Receivables within one year +€1,855
up €1,855 (+7.9%), from €23,407 to €25,262
of which Other amounts receivable: +€1,666
- Reserves +€10,185
up €10,185 (+9.1%), from €111,481 to €121,666
- Other debts -€5,000
down €5,000 (-31.3%), from €16,000 to €11,000
- Tax, wage and social debts +€4,738
up €4,738 (+237%), from €2,000 to €6,738
- Short-term financial debts -€3,537
no longer reported in 2025 (was €3,537)
- Gross operating margin +€24,549
up €24,549 (+612%), from €4,013 to €28,562
- Taxes +€7,488
up €7,488 (+230%), from €3,250 to €10,738
- Financial charges +€997
up €997 (+260%), from €383 to €1,380
- Other operating charges +€769
up €769 (+149%), from €514 to €1,283
- Financial income +€573
up €573 (+9.7%), from €5,878 to €6,451
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 | €172,886 | €179,494 | +€6,608 | +3.8% |
| Fixed assets | 21/28 | €1,006 | €1,400 | +€394 | +39.1% |
| Tangible fixed assets | 22/27 | €1,006 | €1,400 | +€394 | +39.1% |
| Furniture and vehicles | 24 | €1,006 | €1,400 | +€394 | +39.1% |
| Current assets | 29/58 | €171,880 | €178,094 | +€6,215 | +3.6% |
| Amounts receivable after more than one year | 29 | €100,000 | €89,210 | -€10,790 | -10.8% |
| Other amounts receivable | 291 | €100,000 | €89,210 | -€10,790 | -10.8% |
| Amounts receivable within one year | 40/41 | €23,407 | €25,262 | +€1,855 | +7.9% |
| Trade receivables | 40 | €45 | €233 | +€188 | +422% |
| Other amounts receivable | 41 | €23,363 | €25,029 | +€1,666 | +7.1% |
| Cash at bank and in hand | 54/58 | €10,314 | €26,039 | +€15,725 | +152% |
| Deferred charges and accrued income | 490/1 | €38,158 | €37,584 | -€574 | -1.5% |
| Total equity and liabilities | 10/49 | €172,886 | €179,494 | +€6,608 | +3.8% |
| Equity | 10/15 | €149,871 | €160,058 | +€10,187 | +6.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €111,481 | €121,666 | +€10,185 | +9.1% |
| Distributable reserves | 133 | €111,481 | €121,666 | +€10,185 | +9.1% |
| Profit (loss) carried forward | 14 | €25,991 | €25,993 | +€2 | 0.0% |
| Amounts payable | 17/49 | €23,015 | €19,436 | -€3,578 | -15.5% |
| Amounts payable within one year | 42/48 | €23,015 | €19,436 | -€3,578 | -15.5% |
| Financial debts | 43 | €3,537 | - | -€3,537 | |
| Credit institutions | 430/8 | €3,537 | - | -€3,537 | |
| Trade debts | 44 | €1,477 | €1,698 | +€220 | +14.9% |
| Suppliers | 440/4 | €1,477 | €1,698 | +€220 | +14.9% |
| Taxes, remuneration and social security | 45 | €2,000 | €6,738 | +€4,738 | +237% |
| Taxes | 450/3 | €2,000 | €6,738 | +€4,738 | +237% |
| Other amounts payable | 47/48 | €16,000 | €11,000 | -€5,000 | -31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €505 | €425 | -€80 | -15.8% |
| Other operating charges | 640/8 | €514 | €1,283 | +€769 | +149% |
| Gross operating margin | 9900 | €4,013 | €28,562 | +€24,549 | +612% |
| Operating profit (loss) | 9901 | €2,994 | €26,854 | +€23,860 | +797% |
| Financial income | 75/76B | €5,878 | €6,451 | +€573 | +9.7% |
| Recurring financial income | 75 | €5,878 | €6,451 | +€573 | +9.7% |
| Financial charges | 65/66B | €383 | €1,380 | +€997 | +260% |
| Recurring financial charges | 65 | €383 | €1,380 | +€997 | +260% |
| Profit (loss) for the period before taxes | 9903 | €8,490 | €31,925 | +€23,436 | +276% |
| Income taxes | 67/77 | €3,250 | €10,738 | +€7,488 | +230% |
| Profit (loss) for the period | 9904 | €5,239 | €21,187 | +€15,948 | +304% |
| Profit (loss) for the period to be appropriated | 9905 | €5,239 | €21,187 | +€15,948 | +304% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.