MARIE VAN AVERMAET: what changed
MARIE VAN AVERMAET
Largest movements
- Cash +€122,997
up €122,997 (+132%), from €93,073 to €216,070
mainly Net result for the year (+€58,999) and Receivables after one year (+€44,294)
- Receivables after one year -€44,294
down €44,294 (-100%), from €44,294 to €0
- Receivables within one year -€31,912
down €31,912 (-52.6%), from €60,618 to €28,705
of which Trade receivables: -€31,912
- Reserves +€40,000
up €40,000 (+1,143%), from €3,500 to €43,500
of which Distributable reserves: +€40,000
- Profit (loss) carried forward +€18,999
up €18,999 (+4.2%), from €453,341 to €472,340
- Tax, wage and social debts -€16,861
down €16,861 (-58.1%), from €29,031 to €12,170
of which Remuneration and social security: -€13,389
- Trade debts +€6,803
up €6,803 (+147%), from €4,641 to €11,444
- Financial charges +€89,163
up €89,163 (+52,613%), from €169 to €89,333
- Financial income +€54,982
up €54,982 (+99.9%), from €55,018 to €110,000
- Gross operating margin -€16,399
down €16,399 (-25.6%), from €64,061 to €47,662
- Taxes -€7,652
down €7,652 (-64.3%), from €11,898 to €4,246
- Depreciation +€1,520
up €1,520 (+61.1%), from €2,487 to €4,007
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 | €526,972 | €574,454 | +€47,482 | +9.0% |
| Fixed assets | 21/28 | €328,987 | €329,678 | +€691 | +0.2% |
| Tangible fixed assets | 22/27 | €21,465 | €22,156 | +€691 | +3.2% |
| Furniture and vehicles | 24 | €21,465 | €22,156 | +€691 | +3.2% |
| Financial fixed assets | 28 | €307,522 | €307,522 | = | 0.0% |
| Current assets | 29/58 | €197,985 | €244,775 | +€46,790 | +23.6% |
| Amounts receivable after more than one year | 29 | €44,294 | €0 | -€44,294 | -100% |
| Trade receivables | 290 | €44,294 | €0 | -€44,294 | -100% |
| Amounts receivable within one year | 40/41 | €60,618 | €28,705 | -€31,912 | -52.6% |
| Trade receivables | 40 | €56,022 | €24,109 | -€31,912 | -57.0% |
| Other amounts receivable | 41 | €4,596 | €4,596 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €93,073 | €216,070 | +€122,997 | +132% |
| Total equity and liabilities | 10/49 | €526,972 | €574,454 | +€47,482 | +9.0% |
| Equity | 10/15 | €491,841 | €550,840 | +€58,999 | +12.0% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €43,500 | +€40,000 | +1,143% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | - | €40,000 | +€40,000 | |
| Profit (loss) carried forward | 14 | €453,341 | €472,340 | +€18,999 | +4.2% |
| Amounts payable | 17/49 | €35,131 | €23,614 | -€11,517 | -32.8% |
| Amounts payable within one year | 42/48 | €35,131 | €23,614 | -€11,517 | -32.8% |
| Trade debts | 44 | €4,641 | €11,444 | +€6,803 | +147% |
| Suppliers | 440/4 | €4,641 | €11,444 | +€6,803 | +147% |
| Taxes, remuneration and social security | 45 | €29,031 | €12,170 | -€16,861 | -58.1% |
| Taxes | 450/3 | €14,612 | €11,140 | -€3,472 | -23.8% |
| Remuneration and social security | 454/9 | €14,419 | €1,030 | -€13,389 | -92.9% |
| Other amounts payable | 47/48 | €1,460 | €0 | -€1,460 | -100% |
| Remuneration, social security and pensions | 62 | €105 | €0 | -€105 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,487 | €4,007 | +€1,520 | +61.1% |
| Other operating charges | 640/8 | €1,985 | €1,077 | -€908 | -45.7% |
| Gross operating margin | 9900 | €64,061 | €47,662 | -€16,399 | -25.6% |
| Operating profit (loss) | 9901 | €59,484 | €42,578 | -€16,907 | -28.4% |
| Financial income | 75/76B | €55,018 | €110,000 | +€54,982 | +99.9% |
| Recurring financial income | 75 | €55,018 | €110,000 | +€54,982 | +99.9% |
| Financial charges | 65/66B | €169 | €89,333 | +€89,163 | +52,613% |
| Recurring financial charges | 65 | €169 | €89,333 | +€89,163 | +52,613% |
| Profit (loss) for the period before taxes | 9903 | €114,333 | €63,245 | -€51,088 | -44.7% |
| Income taxes | 67/77 | €11,898 | €4,246 | -€7,652 | -64.3% |
| Profit (loss) for the period | 9904 | €102,435 | €58,999 | -€43,436 | -42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €102,435 | €58,999 | -€43,436 | -42.4% |
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 5 November 2026 via checked.be.