MARIE EVRARD: 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.
MARIE EVRARD
Largest movements
- Cash -€39,987
down €39,987 (-29.2%), from €136,977 to €96,990
mainly Other debts (-€99,521) and Tax, wage and social debts (-€9,341)
- Tangible fixed assets -€10,423
down €10,423 (-67.8%), from €15,384 to €4,961
of which Furniture and vehicles: -€9,217
- Receivables within one year -€4,122
down €4,122 (-65.9%), from €6,259 to €2,137
of which Other amounts receivable: -€3,919
- Other debts -€99,521
no longer reported in 2025 (was €99,521)
- Reserves +€54,010
up €54,010 (+2,904%), from €1,860 to €55,870
- Tax, wage and social debts -€9,341
down €9,341 (-40.7%), from €22,974 to €13,633
- Gross operating margin -€54,493
down €54,493 (-38.5%), from €141,606 to €87,113
- Taxes -€5,968
down €5,968 (-21.8%), from €27,325 to €21,357
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 | €159,955 | €105,378 | -€54,577 | -34.1% |
| Fixed assets | 21/28 | €15,384 | €4,961 | -€10,423 | -67.8% |
| Tangible fixed assets | 22/27 | €15,384 | €4,961 | -€10,423 | -67.8% |
| Plant, machinery and equipment | 23 | €3,610 | €2,404 | -€1,206 | -33.4% |
| Furniture and vehicles | 24 | €11,774 | €2,557 | -€9,217 | -78.3% |
| Current assets | 29/58 | €144,571 | €100,417 | -€44,154 | -30.5% |
| Amounts receivable within one year | 40/41 | €6,259 | €2,137 | -€4,122 | -65.9% |
| Trade receivables | 40 | €203 | - | -€203 | |
| Other amounts receivable | 41 | €6,056 | €2,137 | -€3,919 | -64.7% |
| Cash at bank and in hand | 54/58 | €136,977 | €96,990 | -€39,987 | -29.2% |
| Deferred charges and accrued income | 490/1 | €1,335 | €1,290 | -€45 | -3.4% |
| Total equity and liabilities | 10/49 | €159,955 | €105,378 | -€54,577 | -34.1% |
| Equity | 10/15 | €37,460 | €91,470 | +€54,010 | +144% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €55,870 | +€54,010 | +2,904% |
| Distributable reserves | 133 | €1,860 | €55,870 | +€54,010 | +2,904% |
| Profit (loss) carried forward | 14 | €17,000 | €17,000 | = | 0.0% |
| Amounts payable | 17/49 | €122,495 | €13,908 | -€108,587 | -88.6% |
| Amounts payable within one year | 42/48 | €122,495 | €13,908 | -€108,587 | -88.6% |
| Trade debts | 44 | - | €275 | +€275 | |
| Suppliers | 440/4 | - | €275 | +€275 | |
| Taxes, remuneration and social security | 45 | €22,974 | €13,633 | -€9,341 | -40.7% |
| Taxes | 450/3 | €22,974 | €13,633 | -€9,341 | -40.7% |
| Other amounts payable | 47/48 | €99,521 | - | -€99,521 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,550 | €10,423 | -€1,127 | -9.8% |
| Other operating charges | 640/8 | €1,124 | €1,291 | +€167 | +14.9% |
| Non-recurring operating charges | 66A | €3,726 | - | -€3,726 | |
| Gross operating margin | 9900 | €141,606 | €87,113 | -€54,493 | -38.5% |
| Operating profit (loss) | 9901 | €125,206 | €75,399 | -€49,807 | -39.8% |
| Financial income | 75/76B | €92 | €259 | +€167 | +182% |
| Recurring financial income | 75 | €92 | €259 | +€167 | +182% |
| Financial charges | 65/66B | €291 | €291 | = | 0.0% |
| Recurring financial charges | 65 | €291 | €291 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €125,007 | €75,367 | -€49,640 | -39.7% |
| Income taxes | 67/77 | €27,325 | €21,357 | -€5,968 | -21.8% |
| Profit (loss) for the period | 9904 | €97,682 | €54,010 | -€43,672 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €97,682 | €54,010 | -€43,672 | -44.7% |
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 27 October 2026 via checked.be.