Marie Schurmans: what changed
Marie Schurmans
Largest movements
- Cash -€11,398
down €11,398 (-22.4%), from €50,779 to €39,382
mainly Other debts (-€36,706) and Investment in fixed assets (net) (-€14,063)
- Tangible fixed assets +€8,618
up €8,618 (+125%), from €6,905 to €15,523
of which Other tangible fixed assets: +€11,839
- Deferred charges and accrued income +€8,208
up €8,208 (+529%), from €1,552 to €9,760
- Reserves +€39,714
new in 2025: €39,714
- Other debts -€36,706
no longer reported in 2025 (was €36,706)
- Tax, wage and social debts +€2,388
up €2,388 (+27.7%), from €8,615 to €11,004
of which Taxes: +€4,438
- Trade debts -€871
down €871 (-38.9%), from €2,240 to €1,369
- Gross operating margin +€8,898
up €8,898 (+15.4%), from €57,721 to €66,619
- Taxes +€5,600
up €5,600 (+51.6%), from €10,844 to €16,444
- Depreciation +€1,053
up €1,053 (+24.0%), from €4,391 to €5,444
- Financial charges -€685
down €685 (-14.5%), from €4,741 to €4,056
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 | €62,562 | €67,730 | +€5,169 | +8.3% |
| Fixed assets | 21/28 | €6,905 | €15,523 | +€8,618 | +125% |
| Tangible fixed assets | 22/27 | €6,905 | €15,523 | +€8,618 | +125% |
| Plant, machinery and equipment | 23 | €2,747 | €1,576 | -€1,171 | -42.6% |
| Furniture and vehicles | 24 | €4,158 | €2,108 | -€2,050 | -49.3% |
| Other tangible fixed assets | 26 | - | €11,839 | +€11,839 | |
| Current assets | 29/58 | €55,657 | €52,207 | -€3,450 | -6.2% |
| Amounts receivable within one year | 40/41 | €3,326 | €3,066 | -€260 | -7.8% |
| Other amounts receivable | 41 | €3,326 | €3,066 | -€260 | -7.8% |
| Cash at bank and in hand | 54/58 | €50,779 | €39,382 | -€11,398 | -22.4% |
| Deferred charges and accrued income | 490/1 | €1,552 | €9,760 | +€8,208 | +529% |
| Total equity and liabilities | 10/49 | €62,562 | €67,730 | +€5,169 | +8.3% |
| Equity | 10/15 | €15,000 | €54,714 | +€39,714 | +265% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | - | €39,714 | +€39,714 | |
| Distributable reserves | 133 | - | €39,714 | +€39,714 | |
| Amounts payable | 17/49 | €47,562 | €13,017 | -€34,545 | -72.6% |
| Amounts payable within one year | 42/48 | €47,562 | €12,373 | -€35,189 | -74.0% |
| Trade debts | 44 | €2,240 | €1,369 | -€871 | -38.9% |
| Suppliers | 440/4 | €2,240 | €1,369 | -€871 | -38.9% |
| Taxes, remuneration and social security | 45 | €8,615 | €11,004 | +€2,388 | +27.7% |
| Taxes | 450/3 | €6,565 | €11,004 | +€4,438 | +67.6% |
| Remuneration and social security | 454/9 | €2,050 | - | -€2,050 | |
| Other amounts payable | 47/48 | €36,706 | - | -€36,706 | |
| Accrued charges and deferred income | 492/3 | - | €644 | +€644 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,391 | €5,444 | +€1,053 | +24.0% |
| Other operating charges | 640/8 | €1,038 | €1,052 | +€14 | +1.4% |
| Gross operating margin | 9900 | €57,721 | €66,619 | +€8,898 | +15.4% |
| Operating profit (loss) | 9901 | €52,291 | €60,122 | +€7,831 | +15.0% |
| Financial income | 75/76B | - | €92 | +€92 | |
| Recurring financial income | 75 | - | €92 | +€92 | |
| Financial charges | 65/66B | €4,741 | €4,056 | -€685 | -14.5% |
| Recurring financial charges | 65 | €4,741 | €4,056 | -€685 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €47,550 | €56,158 | +€8,608 | +18.1% |
| Income taxes | 67/77 | €10,844 | €16,444 | +€5,600 | +51.6% |
| Profit (loss) for the period | 9904 | €36,706 | €39,714 | +€3,008 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,706 | €39,714 | +€3,008 | +8.2% |
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 4 November 2026 via checked.be.